Eltek Ltd. (NASDAQ:ELTK) Q2 2022 Earnings Conference Call August 17, 2022 8:30 AM ET Company Participants Eli Yaffe - Chief Executive Officer Ron Freund - Vice President of Finance & Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd. 2022 Second Quarter Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. Before I turn the call over to Mr. Eli Yaffe, Chief Executive O ...

Exhibit 99.1 Press Release Eltek Ltd. Reports 2022 Second Quarter Financial Results Petach Tikva, Israel (August 17, 2022) Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended June 30, 2022. Second Quarter 2022 Highlights ◾ Revenues were $9.1 million ◾ Operating profit was $0.3 million ◾ Profit before tax was $1.0 million. ◾ Net profit was $0.8 million or ...

Eltek Ltd. (NASDAQ:ELTK) Q1 2022 Earnings Conference Call May 18, 2022 8:30 AM ET Company Participants Eli Yaffe - Chief Executive Officer Ron Freund - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd First Quarter 2022 Financial Results Conference Call. All participants are present in a listen-only mode. Following management's formal presentation, instructions will be given for the question-and-answer session. [Operator ...

Eltek Ltd. (NASDAQ:ELTK) Q4 2021 Earnings Conference Call March 23, 2022 8:30 AM ET Company Participants Eli Yaffe - CEO Ron Freund - CFO Conference Call Participants Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is partly edited and is designed as a guide. Operator 00:06 Ladies and gentl ...

Exhibit 99.1 Press Release Eltek Reports Full Year and Fourth Quarter 2021 Financial Results • Revenues of $33.8 million in 2021 compared to $36.7 million in 2020. • Net profit of $5.0 million in 2021 compared to a net profit of $2.6 million in 2020. • Revenues of $9.5 million in the fourth quarter of 2021 compared to $9.5 million in the fourth quarter of 2020. • Net profit of $3.8 million in the fourth quarter of 2021 compared to net profit of $0.8 million in the fourth quarter of 2020. • Gross margin of 2 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Ordinary Shares, NIS 3.00 Nominal Value ELTK NASDAQ Capital Market FORM 20-F For the fiscal year ended December 31, 2021 ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRAN ...

Financial Performance - Revenues for the full year of 2021 amounted to $33.8 million, a decrease of 8% compared to $36.7 million in 2020[8] - Net profit for 2021 was $5.0 million, or $0.86 per fully diluted share, compared to a net profit of $2.6 million, or $0.58 per fully diluted share in 2020[10] - Gross margin for 2021 was 20%, with gross profit of $6.9 million compared to $7.7 million in 2020[9] - In the fourth quarter of 2021, revenues were $9.5 million, unchanged from the fourth quarter of 2020[14] - Net profit for the fourth quarter of 2021 was $3.8 million, or $0.65 per fully diluted share, compared to $0.8 million, or $0.16 per fully diluted share in the fourth quarter of 2020[15] - Operating profit for the full year 2021 was $1.9 million, compared to $3.0 million in 2020[10] - EBITDA for the full year 2021 was $3.8 million, down from $4.6 million in 2020[11] - Non-GAAP EBITDA for the twelve months ended December 31, 2021, was $3,771,000, down 18% from $4,608,000 in 2020[30] Cash Flow and Investments - The company ended 2021 with cash balances of approximately $9.3 million, up from $4.7 million at the end of 2020[13] - Cash flows from operating activities for the twelve months ended December 31, 2021, provided $3,875,000, an increase from $3,252,000 in 2020[32] - The company reported a net cash used in investing activities of $1,647,000 for the twelve months ended December 31, 2021, compared to $1,140,000 in 2020[32] - Cash and cash equivalents at the end of the period for December 31, 2021, were $9,283,000, up from $4,735,000 at the end of December 31, 2020[32] - The net cash provided by financing activities for the twelve months ended December 31, 2021, was $2,124,000, compared to $814,000 in 2020[32] Operational Highlights - The company built a strong backlog for 2022, including a $1.4 million purchase order from a defense customer[6] - The company aims to continue expanding its customer base and investing in equipment and machinery in 2022[7] Other Financial Metrics - GAAP net income for the three months ended December 31, 2021, was $3,836,000, compared to $766,000 for the same period in 2020, representing a significant increase of 402%[30] - Depreciation and amortization for the twelve months ended December 31, 2021, totaled $1,781,000, an increase from $1,592,000 in 2020[30] - The company experienced a decrease in trade receivables of $2,260,000 for the twelve months ended December 31, 2021, compared to a decrease of $956,000 in 2020[32] - The company recorded an increase in long-term tax receivables of $1,013,000 for the twelve months ended December 31, 2021[32] - The effect of translation adjustments resulted in a net increase of $196,000 for the twelve months ended December 31, 2021[32]

Eltek Ltd. (NASDAQ:ELTK) Q3 2021 Earnings Conference Call November 17, 2021 8:30 AM ET Company Participants Eli Yaffe - CEO Alon Mualem - CFO Conference Call Participants Dean Chin - RU Group International Operator Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd. Third Quarter 2021 Financial Results Conference Call. All participants are at present in a listen-only mode. Following management's formal presentation, instructions will be given for the question-and-answer session. [Oper ...

Exhibit 99.1 Press Release Eltek Reports 2021 Third Quarter Financial Results • Revenues of $8.0 million in the third quarter of 2021 compared to $9.3 million in the third quarter of 2020 • Net loss of $26,000 in the third quarter of 2021 compared to net profit of $598,000 in the third quarter of 2020 • EBITDA of $553,000 in the third quarter of 2021 compared to EBITDA of $1.0 million in the third quarter of 2020 • Cash and cash equivalents as of September 30, 2021 were $8.9 million PETACH-TIKVA, Israel, No ...

Call Start: 08:00 January 1, 0000 8:14 AM ET Eltek Ltd. (NASDAQ:ELTK) Q2 2021 Earnings Conference Call August 18, 2021 08:00 ET Company Participants Eli Yaffe - Chief Executive Officer Alon Mualem - Chief Financial Officer & Vice President of Finance Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd. Second Quarter 2021 Financial Results Conference Call. All participants are at present in listen-only mode. Following management's formal presentati ...