OPERATING SEGMENTS AND ENTITY WIDE DISCLOSURES |
NOTE 8:-
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OPERATING SEGMENTS AND ENTITY WIDE DISCLOSURES
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a. |
The Company operates as a single operating segment - manufacturing, marketing and sale of printed circuit boards.
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The Chief Operating Decision Maker (CODM) of Eltek Ltd. is the Chief Executive Officer (CEO). The CEO evaluates the company's performance and allocates resources based on financial information presented on a consolidated basis. The Company’s CODM uses consolidated net income to review actual results to allocate resources within the business to continue growth.
The Company’s CODM does not regularly review asset information and, therefore, the Company does not report asset information.
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a. |
The following table presents information on reportable segment profit for the periods presented:
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Six months ended
June 30,
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Three months ended
June 30,
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2025
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2024
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2025
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2024
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Unaudited
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Revenues
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25,285
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22,249
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12,529
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10,466
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Less:
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Raw materials
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6,408
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6,060
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2,799
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3,049
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Manufacturing
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592
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241
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202
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177
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Salaries
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10,712
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9,081
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5,306
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4,273
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Depreciation
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967
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753
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503
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388
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Other segment items*
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5,239
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3,624
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3,354
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1,828
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Net profit
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1,367
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2,490
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365
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751
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* |
Other segment items consist of other cost items including cost of sales, research and development, selling, general and administrative, tax expenses and finance income.
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b. |
Revenues by geographic areas:
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Six months ended
June 30,
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Three months ended
June 30,
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2025
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2024
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2025
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2024
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Unaudited
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Israel
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17,343
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14,832
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8,753
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7,642
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North America
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2,936
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1,664
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1,278
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716
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Netherlands
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1,677
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1,980
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745
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864
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India
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977
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2,144
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474
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901
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Others
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2,352
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1,629
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1,279
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343
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25,285
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22,249
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12,529
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10,466
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c. |
Primary industries for which the Company produced PCBs:
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Six months ended
June 30,
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Three months ended
June 30,
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2025
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2024
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2025
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2024
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Unaudited
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Defense and aerospace equipment
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15,362
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14,554
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7,848
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6,628
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Medical equipment
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1,784
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1,521
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717
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719
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Industrial equipment
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1,932
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2,301
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902
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943
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Distributors, contract electronic manufacturers and others
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6,207
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3,873
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3,062
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2,176
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25,285
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22,249
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12,529
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10,466
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