Corporate
Ownership The shares of CI Systems (Israel) Ltd. are traded
on the Tel Aviv Stock Exchange (TASE) since 1993. The Company is presently
owned by CI Technologies, Inc. (75%),
with the remainder held by the public. Its main shareholders are Dr.
Buckwald and Dr. Cabib, who are directors and employees of CI Systems
(Israel) Ltd.
Key Consolidated Financial Results for 2004-2006
(US Dollars in Thousands)
2004
2005
2006
Revenues
10,866
11, 332
12,896
Gross Profit
5,421
5,194
5,452
Research & Development
1,019
960
999
Selling & Marketing
2,096
2,393
2,382
General & Administration
1,049
1,122
1,198
Financial (Expenses), Net
(62)
(2)
(98)
Other (Expenses) Income, Net
82
(109)
291
Net Income of CI before Loss of Discontinued Operation
948
378
1,015
Loss of Discontinued Operation – BEAMWORKS (sold in 2007)