Eltek Ltd. Files 2024 Annual Report with Audited Financials

Eltek Ltd. Files Annual Report for 2024

Eltek Ltd. (NASDAQ: ELTK), a prominent global manufacturer and supplier specializing in printed circuit boards (PCBs), has successfully filed its annual report with the U.S. Securities and Exchange Commission. This report encompasses the audited consolidated financial statements for the fiscal year that concluded on December 31, 2024.

Overview of the Annual Report

This annual report is a crucial document for investors, highlighting Eltek's financial performance and operational achievements over the past year. It outlines the challenges faced and the strategies employed to navigate the ever-evolving landscape of the electronics industry. Shareholders seeking to understand the fiscal health of the company will find valuable insights within these pages.

Company Snapshot: Who is Eltek?

Eltek, recognized for its motto “Innovation Across the Board,” is a key player in the PCB industry. Since its establishment in 1970, the company has forged a reputation for delivering high-quality, technologically advanced PCB solutions. Eltek specializes in producing complex PCBs, including High Density Interconnect (HDI), multilayered, and flex-rigid boards tailored for high-end markets.

Certifications and Industry Compliance

Eltek maintains an impressive track record of compliance and certifications, including ITAR compliance and AS-9100 and NADCAP Electronics certifications. These credentials reflect the company's dedication to quality and adherence to stringent industry standards, particularly in sectors that value precision, such as defense, aerospace, and medical technology.

Global Presence and Operational Footprint

Eltek's operational base is situated in Israel, where its headquarters, research and development facilities, and marketing center are located. In addition to its Israeli operations, the company extends its reach through a subsidiary in North America and has established a network of agents and distributors in Europe, India, South Africa, and South America.

Advancements in Printed Circuit Board Technology

As technology continues to advance and the demand for high-quality PCBs grows, Eltek stands at the forefront of innovation. The company continually invests in research and development to enhance its product offerings, ensuring it meets the evolving needs of its clients across various industries.

Commitment to Shareholders

Eltek is committed to transparency and responsiveness to its shareholders. The 2024 annual report is readily available on the company’s official website, where stakeholders can access detailed financial information and other vital company updates. Furthermore, shareholders may request a hard copy of the annual report at no extra cost, reflecting Eltek's dedication to open communication and investor relations.

Connect with Eltek Ltd.

For those interested in learning more, Eltek invites everyone to visit their official website to explore their wide range of offerings and company developments. Eltek's commitment to quality and innovation is evident in every aspect of their operations, making them a reliable partner in the PCB marketplace.

Frequently Asked Questions

What is the significance of Eltek's annual report?

The annual report provides stakeholders with a comprehensive overview of the company's financial performance and strategic direction for the year.

How does Eltek ensure quality in its products?

Eltek adheres to strict quality standards, including ITAR compliance and industry certifications like AS-9100 and NADCAP Electronics.

Where is Eltek headquartered?

Eltek is headquartered in Israel, where it oversees its primary operations, including R&D and marketing.

What industries does Eltek serve?

Eltek primarily serves the defense, aerospace, and medical fields, offering high-quality PCB solutions tailored to these sectors.

How can shareholders access the annual report?

The annual report is available on Eltek's official website, and shareholders can request a hard copy free of charge.

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