These 53 Israeli Companies are predominately Drug, Medical Technology and US Silicon Valley-Type High Technology Companies.
These 53 Israeli Companies generated Total Audited Earnings From Continuing Operations of $5.092 bil in 2014, which was up a very impressive 47% from the $3.463 bil earned in 2013.
Also, there were 6 additional Israeli Companies not filing with the US SEC which have Market Caps of at least NIS 2 Bil and which reported their operating results in US$s.
To illustrate the incredible resiliency of these 59 Combined Israeli Companies reporting in US$s, their Total Earnings in the Worldwide Financial Meltdown Year of 2008 were 21% above that of 2007. In all other countries of the world I have studied, Total Country Company Earnings in 2008 were substantially below that of 2007.
Below here are the reported US GAAP or IFRS Audited Net Income (Losses) of each of these 59 Israeli Companies for all of their fiscal years reported from 2007 through 2014, presented by Market Cap:
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||
| Most | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||
| Recent | Net | Net | Net | Net | Net | Net | Net | Net | ||
| City | 2014 | Income | Income | Income | Income | Income | Income | Income | Income | |
| HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | |
| mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | |||
| Israeli Companies Filing With US SEC in US$s | ||||||||||
| Teva Pharmaceutical Industries Ltd | Petach Tikva | Dec | 3,042 | 1,253 | 1,910 | 2,768 | 3,339 | 2,004 | 615 | 1,915 |
| Check Point Software Technologies Ltd | Tel Aviv | Dec | 660 | 653 | 620 | 544 | 453 | 358 | 324 | 281 |
| Mobileye NV | Jerusalem | Dec | (30) | 20 | (0) | (13) | ||||
| Israel Chemicals Ltd | Tel Aviv | Dec | 466 | 820 | 1,302 | 1,501 | 1,029 | 774 | 1,994 | 550 |
| Taro Pharmaceutical Industries Ltd | Haifa Bay | Mar 15 | 486 | 361 | 268 | 184 | 68 | 132 | 46 | 42 |
| Nice-Systems Ltd | Ra'anana | Dec | 103 | 55 | 68 | 57 | 49 | 43 | 39 | 37 |
| Elbit Systems Ltd | Haifa | Dec | 179 | 191 | 170 | 106 | 194 | 229 | 267 | 90 |
| Caestarstone Sdot-Yam Ltd | MP Menashe | Dec | 80 | 64 | 40 | 29 | 29 | 7 | 8 | 12 |
| Cyberark Software Ltd | Pitach-Tikva | Dec | 10 | 7 | 8 | 6 | ||||
| Solaredge Technologies Inc | Herziliya Pituach | Jun | (21) | (28) | (28) | (28) | (18) | |||
| Tower Semiconductor Ltd | Migdal Haemek | Dec | (1) | (108) | (70) | (19) | (42) | (120) | (105) | (134) |
| Radware Ltd | Tel Aviv | Dec | 25 | 18 | 32 | 21 | 10 | (6) | (31) | (12) |
| Allot Communications Ltd | Hod-Hasharon | Dec | (2) | (6) | (7) | 9 | (6) | (8) | (16) | (10) |
| Wix.com Ltd | Tel Aviv | Dec | (57) | (29) | (15) | (23) | (11) | |||
| Orbotech Ltd | Yavne | Dec | 35 | 39 | (47) | 46 | 43 | (16) | (98) | 15 |
| Silicom Ltd | Kfar-Sava | Dec | 15 | 17 | 10 | 8 | 6 | 3 | 5 | 6 |
| Protalix BioTherapeutics Inc | Carmiel | Dec | (30) | (28) | (12) | (37) | (29) | (31) | (22) | (32) |
| Ituran Location and Control Ltd | Azoor | Dec | 33 | 26 | 26 | 22 | 10 | 19 | 16 | 52 |
| Lumenis Ltd | Yokneam | Dec | 13 | 17 | 7 | 1 | 6 | 3 | (44) | (28) |
| Sapiens Intl | Holon | Dec | 15 | 12 | 12 | 6 | 6 | 4 | (0) | (2) |
| Ezchip Semiconductor Ltd | Yokneam | Dec | 9 | 22 | 16 | 8 | 14 | 17 | (5) | (4) |
| Sodastream International Ltd | Ben Gurion Airport | Dec | 12 | 42 | 44 | 27 | 13 | 9 | 1 | (2) |
| Clicksoftware Technologies Ltd | Petach Tikva | Dec | (3) | (4) | 7 | 12 | 9 | 13 | 8 | 3 |
| Kornit Digital Ltd | Rosh-Ha'Ayin | Dec | 3 | 1 | 2 | |||||
| Formula Systems (1985) Ltd | Or Yehuda | Dec | 95 | 106 | 46 | 62 | 33 | 28 | 22 | 20 |
| Syneron Medical Ltd | Yokneam | Dec | (5) | 2 | (2) | (52) | (27) | (25) | 6 | 31 |
| Compugen | Tel Aviv | Dec | (11) | (14) | (14) | (12) | (7) | (4) | (13) | (11) |
| Nova Measuring Instruments Ltd | Rehovot | Dec | 19 | 11 | 12 | 28 | 22 | 3 | (5) | (4) |
| Foamix Pharmaceuticals Ltd | Rehovot | Dec | 11 | 2 | 2 | |||||
| Magic Software Enterprises Ltd | Or Yehuda | Dec | 17 | 17 | 16 | 15 | 9 | 6 | 5 | 1 |
| Mazor Robotics Ltd | Caesarea Industrial Park South | Dec | (15) | (21) | (7) | (8) | (6) | (4) | (6) | |
| Neuroderm Ltd | Rehovot | Dec | (30) | (87) | (5) | |||||
| Gilat Satellite Networks Ltd | Petach Tikva | Dec | (1) | (18) | (23) | (6) | 31 | 2 | (1) | 10 |
| Macrocure Ltd | Petach Tikva | Dec | (25) | (18) | (8) | |||||
| Evogene Ltd | Rehovot | Dec | (15) | (9) | (3) | 1 | (7) | |||
| Attunity Ltd | Kfar Saba | Dec | (2) | (1) | 1 | (1) | (2) | (1) | (4) | (7) |
| Supercom Ltd | Hertzliya | Dec | 6 | 6 | 5 | 1 | (2) | (3) | (6) | (9) |
| Enzymotec Ltd | Migdal Ha'Emeq | Dec | 8 | 11 | 5 | (1) | (2) | |||
| Pluristem Therapeutics Inc | Haifa | Jun | (27) | (21) | (15) | (11) | (7) | (7) | (10) | (8) |
| Perion Network Ltd | Holon | Dec | 43 | 62 | 315 | 301 | ||||
| RedHill Biopharma Ltd | Tel Aviv | Dec | (11) | (11) | (10) | (16) | (3) | (0) | ||
| Mediwound Ltd | Yavne | Dec | (19) | (9) | 12 | (5) | ||||
| Audiocodes Ltd | Airport City Lod | Dec | (0) | 4 | (4) | 7 | 12 | (3) | (86) | (9) |
| Kamada Ltd | Ness Ziona | Dec | (13) | 0 | 0 | (4) | (14) | |||
| Elron Electron Industries Ltd | Haifa | Dec | 101 | 17 | 16 | (15) | 111 | (26) | (93) | (42) |
| Alcobra Ltd | Tel Aviv | Dec | (33) | (11) | (2) | (4) | ||||
| magicJack VocalTec Ltd | Netanya | Dec | 4 | 70 | 56 | (1) | (2) | (23) | (52) | (14) |
| Rewalk Robotics Ltd | Yokneam Ilit | Dec | (22) | (12) | (7) | |||||
| RR Media Ltd | Airport City Lod | Dec | 5 | 7 | 8 | 4 | 9 | 12 | 13 | 11 |
| Vascular Biogenics Ltd | Or Yehuda | Dec | (17) | (17) | (12) | |||||
| Galmed Pharmaceuticals Ltd | Tel Aviv | Dec | (9) | (17) | (3) | (1) | ||||
| Camtek Ltd | Migdal Haemek | Dec | 3 | 0 | 0 | 5 | 3 | (12) | (10) | (8) |
| Bio Blast Pharma | Tel Aviv | Dec | (7) | (1) | (0) | |||||
| Total all 53 | 5,092 | 3,463 | 4,742 | 5,522 | 5,323 | 3,377 | 2,762 | 2,740 | ||
| Annual % Earnings Increase: | ||||||||||
| ….. 2014 Over 2013 | 47% | |||||||||
| ….. 2008 Over 2007 | 1% | |||||||||
| Other Large Israeli Companies Reporting in USSs | ||||||||||
| Israel Corp Ltd | Tel Aviv | Dec | 247 | 391 | 907 | 900 | 980 | 494 | 1,170 | 373 |
| Avner Oil Exploration Limited Partnership | Herzeliya Pituach | Dec | 66 | 50 | 10 | 68 | 50 | 38 | 48 | |
| Frutarom Industries Ltd | Haifa | Dec | 88 | 64 | 52 | 42 | 44 | 33 | 37 | 24 |
| Delek Drilling | Herzeliya Pituach | Dec | 70 | 61 | 15 | 70 | 50 | 38 | 47 | |
| Oil Refineries Ltd | Haifa | Dec | (93) | (167) | (198) | (87) | 73 | 347 | (109) | 142 |
| Delta Galil Industries | Tel Aviv | Dec | 47 | 43 | 57 | 28 | 21 | 8 | ||
| Grand Total all 59 | 5,517 | 3,905 | 5,585 | 6,543 | 6,541 | 4,335 | 3,955 | 3,279 | ||
| Annual % Earnings Increase: | ||||||||||
| ….. 2014 Over 2013 | 41% | |||||||||
| ….. 2008 Over 2007 | 21% | |||||||||
I have to complement the very high quality of the financial reporting of these Israeli Companies. It is infinitely better than that of the US Headquartered Companies, so many of which have such very messy financial reporting. Just sayin.
