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    ORBI   IL0002650179

ORBIT TECHNOLOGIES LTD

(ORBI)
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Orbit Technologies Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021

08/24/2021 | 06:08am EST

Orbit Technologies Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 12.793 million compared to USD 12.077 million a year ago. Operating income was USD 1.332 million compared to USD 1.500 million a year ago. Net income was USD 1.011 million compared to USD 1.309 million a year ago. Basic earnings per share from continuing operations was USD 0.054 compared to USD 0.071 a year ago. Diluted earnings per share from continuing operations was USD 0.046 compared to USD 0.071 a year ago. For the half year, sales was USD 24.851 million compared to USD 23.653 million a year ago. Operating income was USD 2.106 million compared to USD 1.573 million a year ago. Net income was USD 1.868 million compared to USD 1.444 million a year ago. Basic earnings per share from continuing operations was USD 0.101 compared to USD 0.078 a year ago. Diluted earnings per share from continuing operations was USD 0.086 compared to USD 0.078 a year ago.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2020 52,3 M - -
Net income 2020 4,61 M - -
Net cash 2020 18,0 M - -
P/E ratio 2020 50,0x
Yield 2020 -
Capitalization 114 M 114 M -
EV / Sales 2019 0,78x
EV / Sales 2020 1,03x
Nbr of Employees 167
Free-Float 55,5%
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Managers and Directors
Daniel Eshchar President & Chief Executive Officer
Roi Wirth Chief Financial Officer
Itzchak Gat Chairman
Avi Shukrun Cohen Vice President-Research & Development
Bentzi Raziel Vice President-Operations & Customer Service
Sector and Competitors