Camtek Ltd. (NASDAQ:CAMT) Q2 2023 Earnings Conference Call July 31, 2023 9:00 AM ET Company Participants Kenny Green - IR Rafi Amit - CEO Moshe Eisenberg - CFO Ramy Langer - COO Conference Call Participants Brian Chin - Stifel Charles Shi - Needham Tom O'Malley - Barclays Craig Ellis - B. Riley Gus Richard - Northland Gus Vedvati Shrotre - Jefferies Alon Last - Meitav Kenny Green Ladies and gentlemen, thank you for standing by. I would like to welcome all of you to Camtek's Results Zoom Webinar. My name is ...

Camtek Ltd (NASDAQ:CAMT) Q1 2023 Earnings Conference Call May 10, 2023 9:00 AM ET Rafi Amit - CEO & Director Ramy Langer - COO Conference Call Participants Charles Shi - Needham & Company Craig Ellis - B. Riley Securities Alona Lahav - Aura Investments Auguste Richard - Northland Capital Markets Ladies and gentlemen, thank you for standing by. I would like to welcome all of you to Camtek's results Zoom Webinar. My name is Kenny Green, and I'm part of the Investor Relations team at Camtek. [Operator Instruct ...

Financial Liabilities and Risks - As of December 31, 2022, the company had net liabilities of approximately $9.7 million denominated in NIS, with a 1% fluctuation in the exchange rate causing an impact of $97 thousand on expenses or income [665]. - The company has no outstanding loans, indicating minimal exposure to interest rate changes [663]. - The company’s exposure to market risk from changes in interest rates is not significant due to the absence of outstanding loans [663]. Taxation - The tax rate for Preferred Enterprises in Development Zone A is set at 7.5%, compared to 16% in other areas, effective from January 1, 2017 [644]. - Special Preferred Technological Enterprises in Development Zone A benefit from a reduced tax rate of 6% [646]. - A 3% additional tax applies to annual taxable income exceeding NIS 663,240 for individuals subject to tax in Israel [659]. - The company is subject to withholding tax rates of 25% for individuals and 23% for corporations on the sale of publicly traded securities [654]. - The December 2016 Amendment introduced special tax tracks for Technological Enterprises, with rates varying from 5% to 12% depending on the enterprise type [646]. - Non-Israeli residents are generally exempt from Israeli capital gains tax on the sale of shares listed on the NASDAQ Global Market, provided certain conditions are met [651]. Pricing and Currency Exposure - The company’s products are primarily priced in U.S. Dollars, but in certain regions like Europe and Japan, prices are denominated in local currencies, which may affect competitiveness if local currencies devalue significantly [666].

Camtek Ltd. (NASDAQ:CAMT) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET Company Participants Kenny Green - Investor Relations Contact Officer Rafi Amit - Chairman and Chief Executive Officer Ramy Langer - Chief Operating Officer Moshe Eisenberg - Chief Financial Officer Conference Call Participants Tom O'Malley - Barclays Charles Shi - Needham and Company Gus Richard - Northland Securities Brian Chin - Stifel Financial Corp Craig Ellis - B. Riley Securities Kenny Green Ladies and gentlemen, ...

Revenue Performance - Record annual revenue of $321 million, representing a 19% year-over-year growth[6] - Fourth quarter revenues reached $82.2 million, an 11% increase compared to $74.2 million in Q4 2021[8][11] - Total revenues for the year ended December 31, 2022, were $320,909,000, representing a 19% increase from $269,659,000 in 2021[32] Net Income - GAAP net income for the full year 2022 was $79.9 million, a 33% increase from $60.3 million in 2021[18] - Net income for the year ended December 31, 2022, was $79,949,000, up 32% from $60,277,000 in 2021[31] - Non-GAAP net income for the full year 2022 was $90.5 million, a 27% increase from $71.4 million in 2021[18] - Non-GAAP net income for the year ended December 31, 2022, was $90,472,000, compared to $71,397,000 in 2021, reflecting a 27% increase[31] Operating Performance - Operating cash flow for 2022 totaled $57.8 million, with a year-end cash balance of $479 million[19] - Operating income for the fourth quarter of 2022 was $20.5 million, with a GAAP operating margin of 24.9%[15] - Operating income for the year ended December 31, 2022, was $81,498,000, compared to $70,898,000 in 2021, indicating a 15% growth[32] Gross Profit and Margin - Gross profit for the fourth quarter of 2022 was $39.9 million, representing 48.6% of revenues[14] - Gross profit on a GAAP basis for the year ended December 31, 2022, was $159,856,000, a 16% increase from $137,344,000 in 2021[32] - The company reported a gross margin of 49.8% on a GAAP basis for the year ended December 31, 2022, down from 50.9% in 2021[31] Cash and Assets - Cash and cash equivalents decreased to $148,156,000 as of December 31, 2022, from $241,943,000 in 2021[29] - Total assets increased to $677,087,000 as of December 31, 2022, from $583,757,000 in 2021, marking a 16% growth[29] Research and Development - Research and development costs for the year ended December 31, 2022, were $28,859,000, up from $23,473,000 in 2021, reflecting a 23% increase[32] Market Position and Outlook - The company is positioned in high-growth segments such as Heterogeneous Integration and Compound Semiconductors[10] - Camtek's strategic relationships and diversified customer base are expected to help outperform the wafer fabrication equipment market, projected to decline by 20-30% in 2023[10] Shareholder Information - The number of ordinary shares outstanding increased to 44,412,942 as of December 31, 2022, from 43,846,643 in 2021[29] Future Guidance - Management expects first quarter 2023 revenues to be between $71-74 million, indicating a mid-point 6% decline from Q1 2022[9]

Camtek LTD. (NASDAQ:CAMT) Q3 2022 Earnings Conference Call November 17, 2022 9:00 AM ET Company Participants Ehud Helft – EK Global Investor Relations Rafi Amit – Chief Executive Officer Ramy Langer – Chief Operating Officer Moshe Eisenberg – Chief Financial Officer Conference Call Participants Brian Chin – Stifel Tom O'Malley – Barclays Charles Shi – Needham and Company Craig Ellis – B. Riley Securities Gus Richard – Northland Operator Ladies and gentlemen, thank you for standing by. Welcome to CamtekÂ's T ...

Camtek Investor Presentation • Rafi Amit, CEO • Moshe Eisenberg, CFO • Ramy Langer, COO November 2022 Disclaimer 2 Confidentiality This presentation is confidential and may not be reproduced or distributed to others at any time without our prior written consent. Safe Harbor This presentation contains statements that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of ...

Exhibit 99.1 Camtek Ltd. and its Subsidiaries Interim Condensed Consolidated Financial Statements As of June 30, 2022 (Unaudited) Camtek Ltd. and its Subsidiaries Contents Page Interim Unaudited Condensed Consolidated Financial Statements as at June 30, 2022 F-3 | --- | --- | |------------------------------------------|------------------------------------| | Interim Unaudited Condensed Consolidated | Balance Sheets | | Interim Unaudited Condensed Consolidated | Statements of Operations | | Interim Unaudited ...

Camtek Ltd (NASDAQ:CAMT) Q2 2022 Earnings Conference Call July 27, 2022 9:00 AM ET Company Participants Kenny Green - IR Rafi Amit - Chairman & CEO Moshe Eisenberg - CFO Ramy Langer - COO Conference Call Participants Charles Shi - Needham & Company Thomas O'Malley - Barclays Bank Craig Ellis - B. Riley Securities Denis Pyatchanin - Stifel, Nicolaus & Company Kenny Green Ladies and gentlemen, thank you for standing by. I would like to welcome all of you to Camtek's results' Zoom webinar. My name is Kenny Gre ...

Camtek Ltd. (NASDAQ:CAMT) Q1 2022 Earnings Conference Call May 12, 2022 9:00 AM ET Company Participants Rafi Amit – Chief Executive Officer Ramy Langer – Chief Operating Officer Moshe Eisenberg – Chief Financial Officer Kenny Green – Investor Relations Conference Call Participants Brian Chin – Stifel, Nicolaus & Company Thomas O'Malley – Barclays Corporations & Investment Bank Charles Shi – Needham & Company Jamie Zakalik – Bank of America Securities Kenny Green Ladies and gentlemen, thank you for standing ...