Eltek Ltd. (NASDAQ:ELTK) Q1 2023 Earnings Call May 18, 2023 8:30 AM ET Company Participants Eli Yaffe - Chief Executive Officer Ron Freund - Vice President, Finance, and Chief Financial Officer Conference Call Participants Thomas Kerr - Zacks Investment Research Operator Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Limited 2023 First Quarter Financial Results Conference Call. All participants are at present in a listen-only mode. Following management's formal presentation, instructi ...

Exhibit 99.1 Press Release Eltek Ltd. Reports 2023 First Quarter Financial Results Petach Tikva, Israel (May 18, 2023) 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 March 31, 2023. First Quarter 2023 Highlights "Eltek is proud to announce its strong first quarter results for 2023, with growth of 18% in sales compared to the same quarter last year, a ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 F O R M 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2023 Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40- F. Form 20-F ☒ Form 40-F ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐ Indicate by check mark if the regis ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 20-F ☐ 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, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...

Eltek Ltd. (NASDAQ:ELTK) Q4 2022 Earnings Call Transcript March 9, 2023 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. 2022 Full Year and Fourth Quarter 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-answe ...

Exhibit 99.1 Press Release Eltek Ltd. Reports Full year and Fourth Quarter 2022 Financial Results Full Year and Fourth Quarter 2022 Highlights "We are pleased to announce strong growth in revenues and earnings for the year 2022. This was due to increased demand for our high-quality printed circuit boards. The growth in revenues is a testament to the hard work and dedication of our team, as well as the loyalty of our customers. We are excited to continue building upon this momentum in the coming year," said ...

Financial Data and Key Metrics Changes - Revenue for Q3 2022 totaled $10.3 million, an increase of 30% compared to $8 million in Q3 2021 [8] - Net profit was $1 million or $0.70 per share in Q3 2022, compared to a net profit of $0 million in Q3 2021 [10] - EBITDA for Q3 2022 was $1.4 million, up from $0.6 million in Q3 2021 [10] - Cash and cash equivalents as of September 30, 2022, were $7.8 million, down from $9.3 million at December 31, 2021 [10] Business Line Data and Key Metrics Changes - The company successfully installed three new manufacturing machines in Q3 2022 and plans to install two additional machines in Q4 2022 [6] - The workforce increased by 18% since the beginning of 2022 to meet production demand [6] Market Data and Key Metrics Changes - The backlog remained strong, indicating continued demand for high-end products [5] Company Strategy and Development Direction - The company is focusing on increasing sales and profitability through an accelerated investment program [6] - Negotiations with government authorities regarding project continuations for 2023 and 2024 have concluded, although official purchase orders have not yet been received [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing demand for high-end products supporting sales efforts [5] - The company is actively working with its insurance company to recover expenses incurred from a fire earlier in the year [6] Other Important Information - The company is concentrating efforts on commercial activities, which are growing quarter-over-quarter [5] Q&A Session Summary - There were no questions during the Q&A session [11]

Exhibit 99.1 Press Release Eltek Ltd. Reports 2022 Third Quarter Financial Results Petach Tikva, Israel (November 16, 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 September 30, 2022. Third Quarter 2022 Highlights ◾ Revenues were $10.3 million ◾ Operating profit was $1.1 million ◾ Profit before tax was $1.2 million. ◾ Net profit was $1.0 milli ...

Financial Data and Key Metrics Changes - Revenue for Q2 2022 totaled $9.1 million, the same as in Q2 2021, but lower than forecasted due to a fire incident in June [5][8] - Gross profit for Q2 2022 was $1.7 million, down from $2.4 million in Q2 2021, attributed to operational disruptions from the fire [8] - Operating profit for Q2 2022 was $0.3 million compared to $1 million in Q2 2021 [8] - Net profit for Q2 2022 was $0.8 million or $0.13 per share, compared to $0.9 million or $0.16 per share in Q2 2021 [9] - EBITDA for Q2 2022 was $0.8 million, down from $1.5 million in Q2 2021 [10] Business Line Data and Key Metrics Changes - The company experienced a strong demand trend, with a significant increase in orders from customers despite the fire incident [6] - The workforce was increased by 10% to meet production demands [6] Market Data and Key Metrics Changes - The political and security situation in Europe has led to increased military budgets, positively influencing the company as a supplier to defense system manufacturers [6] - The recent political tensions between China and Taiwan are expected to strengthen the trend of transferring PCB production from the East to Western countries, benefiting the company [6] Company Strategy and Development Direction - The company is implementing an accelerated investment plan and has filed a new F-3 with the SEC to raise capital when market conditions are favorable [7] - Efforts are being made to increase commercial activity, with expected results in upcoming quarters [6] Management Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the fire incident but expressed confidence in the ability to stabilize production and meet demand [5][6] - The company remains optimistic about future growth driven by increased military spending and geopolitical shifts [6] Other Important Information - As of June 30, 2022, cash and cash equivalents were $8.2 million, down from $9.3 million at the end of 2021, primarily due to currency revaluation [10] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating a focus on the company's operational updates and financial results without detailed inquiries from participants.

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 ...