Upcoming Dividend • Jun 01
Upcoming dividend of US$0.53 per share Eligible shareholders must have bought the stock before 08 June 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of Israeli dividend payers (5.4%). Higher than average of industry peers (1.2%). Reported Earnings • May 24
First quarter 2026 earnings released: EPS: US$0.37 (vs US$0.29 in 1Q 2025) First quarter 2026 results: EPS: US$0.37 (up from US$0.29 in 1Q 2025). Revenue: US$112.4m (up 8.4% from 1Q 2025). Net income: US$9.18m (up 27% from 1Q 2025). Profit margin: 8.2% (up from 7.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 23
Full year 2025 earnings released: EPS: US$1.18 (vs US$0.98 in FY 2024) Full year 2025 results: EPS: US$1.18 (up from US$0.98 in FY 2024). Revenue: US$420.8m (up 6.8% from FY 2024). Net income: US$29.2m (up 20% from FY 2024). Profit margin: 6.9% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Nov 30
Third quarter 2025 earnings released: EPS: US$0.29 (vs US$0.24 in 3Q 2024) Third quarter 2025 results: EPS: US$0.29 (up from US$0.24 in 3Q 2024). Revenue: US$104.2m (up 5.8% from 3Q 2024). Net income: US$7.09m (up 17% from 3Q 2024). Profit margin: 6.8% (up from 6.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: US$0.37 (vs US$0.25 in 2Q 2024) Second quarter 2025 results: EPS: US$0.37 (up from US$0.25 in 2Q 2024). Revenue: US$110.6m (up 14% from 2Q 2024). Net income: US$9.12m (up 46% from 2Q 2024). Profit margin: 8.2% (up from 6.4% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Aug 22
Arad Ltd., Annual General Meeting, Sep 28, 2025 Arad Ltd., Annual General Meeting, Sep 28, 2025. Location: company offices, Israel Reported Earnings • May 22
First quarter 2025 earnings released: EPS: US$0.29 (vs US$0.28 in 1Q 2024) First quarter 2025 results: EPS: US$0.29 (up from US$0.28 in 1Q 2024). Revenue: US$103.6m (up 5.5% from 1Q 2024). Net income: US$7.20m (up 5.6% from 1Q 2024). Profit margin: 7.0% (up from 6.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪55.70, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 13x in the Electronic industry in Israel. Total returns to shareholders of 35% over the past three years. Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: US$0.98 (vs US$1.09 in FY 2023) Full year 2024 results: EPS: US$0.98 (down from US$1.09 in FY 2023). Revenue: US$394.0m (up 9.1% from FY 2023). Net income: US$24.3m (down 10% from FY 2023). Profit margin: 6.2% (down from 7.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 26
Third quarter 2024 earnings released: EPS: US$0.24 (vs US$0.26 in 3Q 2023) Third quarter 2024 results: EPS: US$0.24 (down from US$0.26 in 3Q 2023). Revenue: US$98.5m (up 12% from 3Q 2023). Net income: US$6.04m (down 6.2% from 3Q 2023). Profit margin: 6.1% (down from 7.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Nov 26
Arad Ltd., Annual General Meeting, Dec 17, 2024 Arad Ltd., Annual General Meeting, Dec 17, 2024. Location: co. offices, Israel Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: US$0.25 (vs US$0.32 in 2Q 2023) Second quarter 2024 results: EPS: US$0.25 (down from US$0.32 in 2Q 2023). Revenue: US$97.3m (up 3.8% from 2Q 2023). Net income: US$6.26m (down 20% from 2Q 2023). Profit margin: 6.4% (down from 8.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 27
First quarter 2024 earnings released: EPS: US$0.28 (vs US$0.35 in 1Q 2023) First quarter 2024 results: EPS: US$0.28 (down from US$0.35 in 1Q 2023). Revenue: US$98.2m (up 1.9% from 1Q 2023). Net income: US$6.82m (down 21% from 1Q 2023). Profit margin: 6.9% (down from 9.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: US$1.09 (vs US$0.70 in FY 2022) Full year 2023 results: EPS: US$1.09 (up from US$0.70 in FY 2022). Revenue: US$361.2m (up 12% from FY 2022). Net income: US$27.0m (up 55% from FY 2022). Profit margin: 7.5% (up from 5.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 25
Third quarter 2023 earnings released: EPS: US$0.26 (vs US$0.011 in 3Q 2022) Third quarter 2023 results: EPS: US$0.26 (up from US$0.011 in 3Q 2022). Revenue: US$87.7m (up 10% from 3Q 2022). Net income: US$6.44m (up US$6.17m from 3Q 2022). Profit margin: 7.3% (up from 0.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: US$0.32 (vs US$0.25 in 2Q 2022) Second quarter 2023 results: EPS: US$0.32 (up from US$0.25 in 2Q 2022). Revenue: US$93.7m (up 12% from 2Q 2022). Net income: US$7.83m (up 26% from 2Q 2022). Profit margin: 8.4% (up from 7.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 31
First quarter 2023 earnings released: EPS: US$0.22 (vs US$0.22 in 1Q 2022) First quarter 2023 results: EPS: US$0.22 (in line with 1Q 2022). Revenue: US$96.4m (up 24% from 1Q 2022). Net income: US$8.67m (up 57% from 1Q 2022). Profit margin: 9.0% (up from 7.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Mar 21
Full year 2022 earnings released: EPS: US$0.70 (vs US$0.81 in FY 2021) Full year 2022 results: EPS: US$0.70 (down from US$0.81 in FY 2021). Revenue: US$324.1m (up 15% from FY 2021). Net income: US$17.4m (down 13% from FY 2021). Profit margin: 5.4% (down from 7.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Nov 25
Third quarter 2022 earnings released: EPS: US$0.011 (vs US$0.22 in 3Q 2021) Third quarter 2022 results: EPS: US$0.011 (down from US$0.22 in 3Q 2021). Revenue: US$79.5m (up 12% from 3Q 2021). Net income: US$274.0k (down 95% from 3Q 2021). Profit margin: 0.3% (down from 7.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. 3 independent directors (9 non-independent directors). Independent Director Moshe Ronen was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 23
Second quarter 2022 earnings released: EPS: US$0.25 (vs US$0.21 in 2Q 2021) Second quarter 2022 results: EPS: US$0.25 (up from US$0.21 in 2Q 2021). Revenue: US$83.9m (up 19% from 2Q 2021). Net income: US$6.22m (up 19% from 2Q 2021). Profit margin: 7.4% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year. Upcoming Dividend • May 31
Upcoming dividend of US$0.45 per share Eligible shareholders must have bought the stock before 07 June 2022. Payment date: 22 June 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Israeli dividend payers (5.9%). Lower than average of industry peers (5.2%). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 3 independent directors (9 non-independent directors). Independent Director Moshe Ronen was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Dec 02
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: US$0.22 (up from US$0.16 in 3Q 2020). Revenue: US$70.7m (up 9.3% from 3Q 2020). Net income: US$5.42m (up 35% from 3Q 2020). Profit margin: 7.7% (up from 6.2% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS US$0.21 (vs US$0.14 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$70.4m (up 20% from 2Q 2020). Net income: US$5.23m (up 49% from 2Q 2020). Profit margin: 7.4% (up from 6.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Announcement • Aug 14
Arad Ltd.(TASE:ARD) dropped from TA-125 Index Arad Ltd. has been removed from TA-125 Index. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS US$0.63 (vs US$0.82 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$250.2m (down 5.2% from FY 2019). Net income: US$15.7m (down 23% from FY 2019). Profit margin: 6.3% (down from 7.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 08
New 90-day high: ₪50.50 The company is up 7.0% from its price of ₪47.20 on 10 November 2020. The Israeli market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₪49.23 The company is up 17% from its price of ₪42.16 on 08 September 2020. The Israeli market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 19% over the same period. Is New 90 Day High Low • Nov 17
New 90-day high: ₪49.45 The company is up 5.0% from its price of ₪47.08 on 19 August 2020. The Israeli market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 15% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₪40.80 The company is down 30% from its price of ₪58.00 on 25 June 2020. The Israeli market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.