New Risk • Apr 12
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Market cap is less than US$100m (₪132.3m market cap, or US$43.6m). Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: ₪0.16 (vs ₪0.09 in FY 2024) Full year 2025 results: EPS: ₪0.16 (up from ₪0.09 in FY 2024). Revenue: ₪202.5m (up 11% from FY 2024). Net income: ₪15.1m (up 73% from FY 2024). Profit margin: 7.5% (up from 4.8% 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 39% per year whereas the company’s share price has increased by 38% per year. New Risk • Jan 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (₪140.0m market cap, or US$44.5m). Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪1.62, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 17x in the Electronic industry in Israel. Total returns to shareholders of 295% over the past three years. Reported Earnings • Nov 25
Third quarter 2025 earnings released: EPS: ₪0.04 (vs ₪0.02 in 3Q 2024) Third quarter 2025 results: EPS: ₪0.04 (up from ₪0.02 in 3Q 2024). Revenue: ₪50.7m (up 6.2% from 3Q 2024). Net income: ₪3.64m (up 176% from 3Q 2024). Profit margin: 7.2% (up from 2.8% 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 38% per year whereas the company’s share price has increased by 34% per year. Announcement • Sep 10
Orad Ltd, Annual General Meeting, Oct 19, 2025 Orad Ltd, Annual General Meeting, Oct 19, 2025. Location: co. offices, Israel Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: ₪0.07 (vs ₪0.03 in 2Q 2024) Second quarter 2025 results: EPS: ₪0.07 (up from ₪0.03 in 2Q 2024). Revenue: ₪50.1m (up 20% from 2Q 2024). Net income: ₪6.89m (up 178% from 2Q 2024). Profit margin: 14% (up from 6.0% 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 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. New Risk • Aug 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 6.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.8% average weekly change). Minor Risk Market cap is less than US$100m (₪86.7m market cap, or US$25.6m). Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪1.13, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 16x in the Electronic industry in Israel. Total returns to shareholders of 74% over the past three years. Reported Earnings • May 30
First quarter 2025 earnings released: EPS: ₪0.02 (vs ₪0.02 in 1Q 2024) First quarter 2025 results: EPS: ₪0.02 (in line with 1Q 2024). Revenue: ₪48.5m (up 14% from 1Q 2024). Net income: ₪1.94m (up 21% from 1Q 2024). Profit margin: 4.0% (up from 3.7% 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 23% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 29
Full year 2024 earnings released: EPS: ₪0.09 (vs ₪0.07 in FY 2023) Full year 2024 results: EPS: ₪0.09 (up from ₪0.07 in FY 2023). Revenue: ₪182.2m (up 11% from FY 2023). Net income: ₪8.73m (up 39% from FY 2023). Profit margin: 4.8% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. New Risk • Mar 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risk Market cap is less than US$100m (₪80.2m market cap, or US$21.7m). Announcement • Feb 05
An undisclosed buyer acquired 50.02% stake in Orad Ltd (TASE:ORAD) from Mordecai Gilad Jungreis for ILS 19.8 million. An undisclosed buyer acquired 50.02% stake in Orad Ltd (TASE:ORAD) from Mordecai Gilad Jungreis for ILS 19.8 million on February 3, 2025. As part of acquisition, 32,990,374 shares were sold at ILS 0.6 per share.
An undisclosed buyer completed the acquisition of 50.02% stake in Orad Ltd (TASE:ORAD) from Mordecai Gilad Jungreis on February 3, 2025. Reported Earnings • Nov 28
Third quarter 2024 earnings released: EPS: ₪0.02 (vs ₪0.02 in 3Q 2023) Third quarter 2024 results: EPS: ₪0.02 (in line with 3Q 2023). Revenue: ₪47.7m (up 9.8% from 3Q 2023). Net income: ₪1.32m (down 38% from 3Q 2023). Profit margin: 2.8% (down from 4.9% 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 43% 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 • Aug 31
Second quarter 2024 earnings released: EPS: ₪0.03 (vs ₪0.01 in 2Q 2023) Second quarter 2024 results: EPS: ₪0.03 (up from ₪0.01 in 2Q 2023). Revenue: ₪41.7m (down 1.0% from 2Q 2023). Net income: ₪2.48m (up 163% from 2Q 2023). Profit margin: 6.0% (up from 2.2% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Aug 07
Orad Ltd, Annual General Meeting, Sep 11, 2024 Orad Ltd, Annual General Meeting, Sep 11, 2024. Location: co. offices, Israel New Risk • Jun 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risks High level of debt (45% net debt to equity). Market cap is less than US$100m (₪55.6m market cap, or US$14.9m). Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: ₪0.02 (vs ₪0.02 in 1Q 2023) First quarter 2024 results: EPS: ₪0.02 (in line with 1Q 2023). Revenue: ₪42.7m (up 3.6% from 1Q 2023). Net income: ₪1.60m (down 11% from 1Q 2023). Profit margin: 3.7% (down from 4.4% 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 88% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: ₪0.07 (vs ₪0.055 in FY 2022) Full year 2023 results: EPS: ₪0.07 (up from ₪0.055 in FY 2022). Revenue: ₪164.7m (down 3.0% from FY 2022). Net income: ₪6.26m (up 22% from FY 2022). Profit margin: 3.8% (up from 3.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Nov 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₪47.6m market cap, or US$12.7m). Reported Earnings • Nov 22
Third quarter 2023 earnings released: EPS: ₪0.02 (vs ₪0.008 in 3Q 2022) Third quarter 2023 results: EPS: ₪0.02 (up from ₪0.008 in 3Q 2022). Revenue: ₪43.4m (up 7.1% from 3Q 2022). Net income: ₪2.12m (up 174% from 3Q 2022). Profit margin: 4.9% (up from 1.9% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: ₪0.01 (vs ₪0.006 in 2Q 2022) Second quarter 2023 results: EPS: ₪0.01 (up from ₪0.006 in 2Q 2022). Revenue: ₪42.1m (up 1.3% from 2Q 2022). Net income: ₪944.0k (up 34% from 2Q 2022). Profit margin: 2.2% (up from 1.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Aug 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Market cap is less than US$10m (₪28.7m market cap, or US$7.60m). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. New Risk • Jul 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₪36.4m (US$9.86m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Market cap is less than US$10m (₪36.4m market cap, or US$9.86m). Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: ₪0.05 (vs ₪0.054 in FY 2021) Full year 2022 results: EPS: ₪0.05. Revenue: ₪169.7m (up 6.9% from FY 2021). Net income: ₪5.12m (up 1.9% from FY 2021). Profit margin: 3.0% (down from 3.2% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Dec 02
Third quarter 2022 earnings released: EPS: ₪0.01 (vs ₪0.02 in 3Q 2021) Third quarter 2022 results: EPS: ₪0.01 (down from ₪0.02 in 3Q 2021). Revenue: ₪40.5m (up 2.2% from 3Q 2021). Net income: ₪774.0k (down 56% from 3Q 2021). Profit margin: 1.9% (down from 4.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent External Director Eran Romena was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent External Director Eran Romena was the last independent director to join the board, commencing their role in 2018. 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 • Nov 27
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: ₪0.02 (up from ₪0.017 loss in 3Q 2020). Revenue: ₪39.6m (up 8.8% from 3Q 2020). Net income: ₪1.77m (up ₪3.33m from 3Q 2020). Profit margin: 4.5% (up from net loss in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent External Director Eran Romena was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 28
First quarter 2021 earnings released: EPS ₪0.02 (vs ₪0.01 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₪39.3m (up 9.4% from 1Q 2020). Net income: ₪1.45m (up 93% from 1Q 2020). Profit margin: 3.7% (up from 2.1% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 21% per year. Is New 90 Day High Low • Dec 31
New 90-day high: ₪0.61 The company is up 55% from its price of ₪0.39 on 01 October 2020. The Israeli market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: ₪0.50 The company is up 27% from its price of ₪0.40 on 15 September 2020. The Israeli market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 14% over the same period. Reported Earnings • Dec 04
Third quarter 2020 earnings released: ₪0.017 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ₪36.4m (down 11% from 3Q 2019). Net loss: ₪1.56m (loss widened ₪1.55m from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.