Sunday, August 2, 2015

Updated Israeli-Related Companies Not HQed in Israel 2014 Earnings Up $3 Bil Over 2008 and 2 Year Earnings Improvement of $4 Bil from 2008-9 to 2013-14 ..... the Obama Admin, the US Fed, the US Congress and all Americans Have To Be Pleased

From a very thorough review of SEC filings including Segment Footnotes, the Google Finance Website, Components of the Technology and Medical Heavily Weighted BlueStar Israeli Index, and other Internet sources, I found 26 Israeli-Related Companies which were not headquartered in Israel with Stock Market Capitalizations now of at least US$100 mil, which filed 2014 financial statements and which also filed all of their financial statements in US Dollars.

I included Playtech plc below which reported their financial statements in Euros, which I translated into US$s at the December 31, 2014 spot rate.

These 26 Israeli-Related Companies generated Total Audited Earnings From Continuing Operations of $1.218 bil in 2014, which was a massive $3.066 bil Earnings Improvement from the Total Audited Losses of $1.848 bil in the 2008 Worldwide Financial Meltdown Year.

In addition, the Total Audited Earnings of these 26 Israeli-Related Companies were $2.436 bil for the most recent two years 2013-14, an even more massive $4.054 bil Earnings Improvement over the Total Losses of $1.618 bil in the two years 2008-09.

Below here are the reported US GAAP or IFRS GAAP Audited Net Income (Losses) of each of  these 26 Israeli-Related Companies for all of their fiscal years reported from 2008 through 2014, presented by Market Cap:



2014 2013 2012 2011 2010 2009 2008


Most Audited Audited Audited Audited Audited Audited Audited


Recent Net Net Net Net Net Net Net

Israeli 2014 Income Income Income Income Income Income Income
City FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

mil $s mil $s mil $s mil $s mil $s mil $s mil $s
Israel-Related Companies Not Hqed in Israel







Perrigo Company plc Bnei Brak Jun         205         442         393         341         224         143           139
Amdocs Ltd Ra'anana Sep         422         412         391         347         344         326           379
Medivation Yavne Dec         276         (43)         (41)         (39)         (34)         (55)           (62)
Opko Health Nes-Ziona Dec       (175)       (117)         (30)           (6)         (13)         (30)           (40)
Playtech plc Tel Aviv Dec         171         592         105           94           79           85              50
VeriFone Systems Rosh Haayin Oct         (36)       (295)           66         282           99       (157)         (425)
Verint Systems Herzliya Pituach Jan 15           36           59           59           41           29           17           (79)
CSR plc Haifa Dec           97         (46)           51           34           17         (11)              (7)
Delek US Holdings  Yakum Dec         226         136         276         163         (80)              2              25
Mellanox Technologies Ltd Yokneam Dec         (24)         (23)         112           10           14           13              22
Imperva Inc Tel Aviv Dec         (59)         (26)           (8)         (11)         (12)         (12)              (8)
Ormat Technologies Yavne Dec           55           37       (216)         (45)           31           65              46
Stratasys Ltd Rehovot Dec       (119)         (27)              9           21              9              4              14
Vishay Intertechnology Petach Tikvah Dec         118         124         124         240         360         (57)     (1,684)
Polycom Petach Tikvah Dec           42         (19)         (37)         136           68           50              76
Alon USA Energy Yakum Dec           70           48           91           44       (133)       (102)              93
Newport Corp Jerusalem Dec           35           16         (90)           80           41         (17)         (149)
Varonis Systems Herzelia Dec         (19)           (7)           (5)           (4)           (3)

Harmonic Inc Rosh Ha'ayin Dec         (46)           22         (16)              9           (4)         (24)              64
LivePerson Inc Ra'anana Dec           (7)           (3)              6           12              9              8           (24)
Isramco Inc Petach Tikvah Dec              5           (7)              2              7           (3)         (14)                3
Ceva Inc Herzelia Dec           (1)              7           14           19           11              8                9
Biotime Inc Jerusalem Dec         (44)         (53)         (25)         (18)         (12)           (5)              (4)
Medgenics Inc Misgav Dec         (18)         (17)         (15)           (8)           (4)

DSP Group Herzelia Dec              4              3           (8)         (16)           (7)           (8)         (212)
Vishay Precision Group Petach Tikvah Dec              4              4           12           11           12              2           (74)










Total all 26

    1,218     1,219     1,220     1,744     1,042         231     (1,848)










Earnings Improvement 2014 Over 2008

    3,066





Two Year Earnings (Losses):








….. 2013-14    
    2,436





….. 2008-9    
  (1,618)





…….. 2 Year Earnings Improvement    
    4,054