
Camtek Ltd
NASDAQ:CAMT

Income Statement
Earnings Waterfall
Camtek Ltd
Revenue
|
400.6m
USD
|
Cost of Revenue
|
-209.1m
USD
|
Gross Profit
|
191.5m
USD
|
Operating Expenses
|
-95.7m
USD
|
Operating Income
|
95.8m
USD
|
Other Expenses
|
10.5m
USD
|
Net Income
|
106.3m
USD
|
Income Statement
Camtek Ltd
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
91
N/A
|
88
-3%
|
88
0%
|
90
+3%
|
94
+4%
|
69
-26%
|
64
-7%
|
59
-9%
|
54
-9%
|
79
+48%
|
84
+5%
|
86
+3%
|
89
+3%
|
93
+5%
|
100
+7%
|
107
+8%
|
116
+8%
|
123
+6%
|
130
+5%
|
134
+3%
|
134
+0%
|
134
+0%
|
130
-3%
|
133
+2%
|
140
+6%
|
156
+11%
|
183
+17%
|
213
+17%
|
244
+14%
|
270
+10%
|
289
+7%
|
302
+4%
|
313
+4%
|
321
+3%
|
316
-1%
|
310
-2%
|
309
0%
|
315
+2%
|
340
+8%
|
369
+8%
|
401
+9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(53)
|
(47)
|
(47)
|
(50)
|
(52)
|
(37)
|
(33)
|
(29)
|
(26)
|
(42)
|
(44)
|
(46)
|
(46)
|
(48)
|
(51)
|
(55)
|
(59)
|
(62)
|
(65)
|
(67)
|
(68)
|
(69)
|
(69)
|
(71)
|
(75)
|
(83)
|
(94)
|
(107)
|
(121)
|
(132)
|
(141)
|
(148)
|
(155)
|
(161)
|
(162)
|
(162)
|
(161)
|
(168)
|
(181)
|
(194)
|
(209)
|
|
Gross Profit |
38
N/A
|
41
+7%
|
41
-1%
|
40
-2%
|
42
+5%
|
33
-22%
|
31
-6%
|
30
-3%
|
28
-8%
|
37
+35%
|
40
+6%
|
41
+3%
|
43
+6%
|
46
+5%
|
48
+6%
|
52
+8%
|
56
+9%
|
61
+8%
|
65
+7%
|
67
+3%
|
66
-1%
|
65
-1%
|
61
-6%
|
62
+1%
|
66
+7%
|
73
+11%
|
89
+21%
|
107
+20%
|
123
+15%
|
137
+12%
|
148
+8%
|
153
+4%
|
157
+3%
|
160
+2%
|
154
-4%
|
149
-3%
|
148
-1%
|
148
0%
|
158
+7%
|
175
+10%
|
192
+10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(37)
|
(36)
|
(36)
|
(36)
|
(37)
|
(31)
|
(30)
|
(30)
|
(28)
|
(35)
|
(35)
|
(35)
|
(36)
|
(36)
|
(36)
|
(37)
|
(39)
|
(41)
|
(42)
|
(42)
|
(42)
|
(43)
|
(43)
|
(44)
|
(47)
|
(51)
|
(54)
|
(61)
|
(63)
|
(66)
|
(72)
|
(74)
|
(77)
|
(78)
|
(78)
|
(78)
|
(79)
|
(81)
|
(84)
|
(91)
|
(96)
|
|
Selling, General & Administrative |
(23)
|
(21)
|
(21)
|
(22)
|
(23)
|
(19)
|
(19)
|
(19)
|
(17)
|
(22)
|
(22)
|
(22)
|
(23)
|
(22)
|
(23)
|
(24)
|
(25)
|
(26)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(27)
|
(28)
|
(31)
|
(34)
|
(39)
|
(41)
|
(43)
|
(47)
|
(46)
|
(48)
|
(49)
|
(49)
|
(49)
|
(49)
|
(49)
|
(51)
|
(55)
|
(59)
|
|
Research & Development |
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(11)
|
(11)
|
(11)
|
(10)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(20)
|
(21)
|
(22)
|
(22)
|
(23)
|
(26)
|
(27)
|
(29)
|
(29)
|
(29)
|
(29)
|
(30)
|
(31)
|
(33)
|
(34)
|
(36)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
|
Operating Income |
1
N/A
|
5
+417%
|
5
-1%
|
4
-28%
|
4
+20%
|
2
-50%
|
1
-59%
|
1
-35%
|
(0)
N/A
|
3
N/A
|
4
+55%
|
6
+27%
|
7
+29%
|
10
+35%
|
12
+21%
|
15
+23%
|
18
+18%
|
20
+14%
|
23
+15%
|
25
+7%
|
24
-5%
|
22
-7%
|
18
-17%
|
17
-5%
|
19
+11%
|
23
+18%
|
34
+51%
|
46
+34%
|
60
+30%
|
71
+19%
|
76
+7%
|
80
+5%
|
80
+1%
|
81
+1%
|
76
-7%
|
70
-8%
|
69
-2%
|
67
-3%
|
74
+11%
|
83
+12%
|
96
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
3
|
8
|
11
|
17
|
20
|
24
|
23
|
22
|
23
|
|
Non-Reccuring Items |
3
|
(0)
|
(0)
|
(0)
|
(0)
|
(16)
|
(16)
|
(16)
|
(16)
|
(1)
|
(1)
|
(14)
|
(13)
|
(13)
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
0
|
(2)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
|
Pre-Tax Income |
4
N/A
|
4
+10%
|
3
-13%
|
2
-39%
|
3
+22%
|
(15)
N/A
|
(16)
-4%
|
(16)
-2%
|
(17)
-8%
|
1
N/A
|
3
+142%
|
(9)
N/A
|
(6)
+31%
|
(3)
+48%
|
(1)
+80%
|
15
N/A
|
18
+18%
|
21
+15%
|
24
+14%
|
25
+7%
|
24
-4%
|
23
-6%
|
19
-15%
|
19
-4%
|
21
+11%
|
23
+14%
|
35
+49%
|
46
+33%
|
60
+30%
|
72
+19%
|
77
+7%
|
81
+5%
|
83
+3%
|
88
+6%
|
87
-1%
|
87
0%
|
89
+2%
|
88
-2%
|
95
+9%
|
105
+11%
|
117
+11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(1)
|
(1)
|
(1)
|
(1)
|
2
|
2
|
2
|
3
|
(0)
|
(0)
|
5
|
5
|
5
|
5
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(12)
|
(12)
|
(12)
|
(12)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
|
Income from Continuing Operations |
4
|
3
|
3
|
1
|
2
|
(13)
|
(13)
|
(13)
|
(14)
|
1
|
3
|
(4)
|
(1)
|
2
|
4
|
14
|
16
|
19
|
21
|
23
|
22
|
21
|
18
|
17
|
19
|
22
|
32
|
43
|
55
|
60
|
65
|
69
|
71
|
80
|
79
|
78
|
80
|
79
|
86
|
96
|
106
|
|
Net Income (Common) |
4
N/A
|
3
-15%
|
3
-18%
|
1
-50%
|
2
+27%
|
(10)
N/A
|
(10)
0%
|
(10)
+6%
|
(9)
+1%
|
5
N/A
|
8
+69%
|
3
-64%
|
13
+372%
|
14
+4%
|
14
+2%
|
22
+58%
|
16
-29%
|
19
+18%
|
21
+13%
|
24
+13%
|
23
-4%
|
22
-5%
|
19
-15%
|
17
-10%
|
19
+11%
|
22
+16%
|
32
+49%
|
43
+32%
|
55
+29%
|
60
+9%
|
65
+8%
|
69
+5%
|
71
+3%
|
80
+13%
|
79
-1%
|
78
-1%
|
80
+2%
|
79
-1%
|
86
+10%
|
96
+11%
|
106
+11%
|
|
EPS (Diluted) |
0.13
N/A
|
0.11
-15%
|
0.09
-18%
|
0.04
-56%
|
0.05
+25%
|
-0.3
N/A
|
-0.28
+7%
|
-0.26
+7%
|
-0.26
N/A
|
0.13
N/A
|
0.22
+69%
|
0.08
-64%
|
0.37
+363%
|
0.38
+3%
|
0.39
+3%
|
0.61
+56%
|
0.42
-31%
|
0.51
+21%
|
0.58
+14%
|
0.62
+7%
|
0.59
-5%
|
0.57
-3%
|
0.46
-19%
|
0.43
-7%
|
0.47
+9%
|
0.54
+15%
|
0.72
+33%
|
0.95
+32%
|
1.24
+31%
|
1.34
+8%
|
1.35
+1%
|
1.42
+5%
|
1.49
+5%
|
1.66
+11%
|
1.64
-1%
|
1.62
-1%
|
1.64
+1%
|
1.61
-2%
|
1.75
+9%
|
1.94
+11%
|
2.15
+11%
|