Camtek Ltd. Files Routine 6-K Report
Ticker: CAMT · Form: 6-K · Filed: Feb 12, 2025 · CIK: 1109138
| Field | Detail |
|---|---|
| Company | Camtek Ltd (CAMT) |
| Form Type | 6-K |
| Filed Date | Feb 12, 2025 |
| Risk Level | low |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $117 million, $118, $117.3 m, $31.3 million, $36.3 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: routine-filing, foreign-private-issuer
Related Tickers: CAMT
TL;DR
CAMT filed a 6-K, just a routine check-in, no big news.
AI Summary
Camtek Ltd. filed a Form 6-K on February 12, 2025, reporting as a foreign private issuer. The filing indicates the company will file its annual reports under Form 20-F and is not furnishing information under Rule 12g3-2(b). The report does not contain specific financial figures or operational updates beyond its routine filing status.
Why It Matters
This filing is a standard procedural update for foreign private issuers, confirming their reporting framework and not indicating any new material events.
Risk Assessment
Risk Level: low — This is a routine administrative filing by a foreign private issuer and does not contain new material information that would typically impact risk.
Key Players & Entities
- CAMTEK LTD (company) — Registrant
- Form 6-K (document) — Filing type
- Form 20-F (document) — Annual report form
- Rule 12g3-2(b) (regulation) — Information furnishing rule
FAQ
What is the purpose of this Form 6-K filing for Camtek Ltd.?
The purpose of this Form 6-K filing is to report as a foreign private issuer and to indicate that Camtek Ltd. files its annual reports under cover of Form 20-F.
Does Camtek Ltd. file its annual reports under Form 20-F or Form 40-F?
Camtek Ltd. files its annual reports under cover of Form 20-F, as indicated by the checkmark in the filing.
Is Camtek Ltd. furnishing information to the Commission pursuant to Rule 12g3-2(b)?
No, Camtek Ltd. is not furnishing information to the Commission pursuant to Rule 12g3-2(b), as indicated by the 'No' selection.
What is the filing date of this Form 6-K?
This Form 6-K was filed on February 12, 2025.
What is the principal corporate office address for Camtek Ltd.?
The principal corporate offices of Camtek Ltd. are located at Ramat Gavriel Industrial Zone, P.O. Box 544, Migdal Haemek 23150, Israel.
Filing Stats: 2,973 words · 12 min read · ~10 pages · Grade level 9.3 · Accepted 2025-02-12 07:25:50
Key Financial Figures
- $117 million — TER & FULL YEAR OF 2024 Q4 revenues of $117 million; Q1 2025 revenue guidance of $118-120 m
- $118 — 17 million; Q1 2025 revenue guidance of $118-120 million, up ~23% YoY MIGDAL HAEMEK
- $117.3 m — inancial Highlights Record revenues of $117.3 million, a 32% YoY increase; GAAP operat
- $31.3 million — YoY increase; GAAP operating income of $31.3 million (up 82% YoY) and non-GAAP operating inc
- $36.3 million — % YoY) and non-GAAP operating income of $36.3 million (up 42% YoY), representing operating ma
- $33.0 million — , respectively; and GAAP net income of $33.0 million (up 59% YoY) and non-GAAP net income of
- $37.7 million — (up 59% YoY) and non-GAAP net income of $37.7 million (up 34% YoY); GAAP diluted EPS of $0.67
- $0.67 — llion (up 34% YoY); GAAP diluted EPS of $0.67 and non-GAAP diluted EPS of $0.77. 202
- $0.77 — PS of $0.67 and non-GAAP diluted EPS of $0.77. 2024 Full-Year Financial Highlights
- $429.2 m — inancial Highlights Record revenues of $429.2 million, a 36% YoY increase. GAAP operat
- $108.1 million — YoY increase. GAAP operating income of $108.1 million (up 65% YoY); non-GAAP operating income
- $130.3 million — 65% YoY); non-GAAP operating income of $130.3 million (up 56% YoY), representing operating ma
- $118.5 million — 0.4%, respectively; GAAP net income of $118.5 million (up 51% YoY); non-GAAP net income of $1
- $138.6 million — on (up 51% YoY); non-GAAP net income of $138.6 million (up 45% YoY); GAAP diluted EPS of $2.42
- $2.42 — llion (up 45% YoY); GAAP diluted EPS of $2.42 and non-GAAP diluted EPS of $2.83; and
Filing Documents
- zk2532712.htm (6-K) — 276KB
- image2.jpg (GRAPHIC) — 230KB
- 0001178913-25-000424.txt ( ) — 594KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the Month of February 2025 CAMTEK LTD. (Translation of Registrant's Name into English) Ramat Gavriel Industrial Zone P.O. Box 544 Migdal Haemek 23150 ISRAEL (Address of Principal Corporate Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934. Yes No SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. This Form 6-K, including all exhibits hereto, is hereby incorporated by reference into all effective registration statements filed by the registrant under the Securities Act of 1933. CAMTEK LTD. (Registrant) By: /s/ Moshe Eisenberg Moshe Eisenberg, Chief Financial Officer Dated: February 12, 2025 Camtek Ltd. P.O.Box 544, Ramat Gabriel Industrial Park Migdal Ha'Emek 23150, ISRAEL Tel: +972 (4) 604-8100 Fax: +972 (4) 644-0523 E-Mail: Info@camtek.com Web site: http://www.camtek.com CAMTEK LTD. Moshe Eisenberg, CFO Tel: +972 4 604 8308 Mobile: +972 54 900 7100 moshee@camtek.com INTERNATIONAL INVESTOR RELATIONS EK Global Investor Relations Ehud Helft Tel: (US) 1 212 378 8040 camtek@ekgir.com FOR IMMEDIATE RELEASE CAMTEK ANNOUNCES RECORD RESULTS FOR THE FOURTH QUARTER & FULL YEAR OF 2024 Q4 revenues of $117 million; Q1 2025 revenue guidance of $118-120 million, up ~23% YoY MIGDAL HAEMEK, Israel – February 12, 2025 – Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT), today announced its financial results for the fourth quarter and year ended December 31, 2024. 2024 Fourth Quarter Financial Highlights Record revenues of $117.3 million, a 32% YoY increase; GAAP operating income of $31.3 million (up 82% YoY) and non-GAAP operating income of $36.3 million (up 42% YoY), representing operating margins of 26.7% and 30.9%, respectively; and GAAP net income of $33.0 million (up 59% YoY) and non-GAAP net income of $37.7 million (up 34% YoY); GAAP diluted EPS of $0.67 and non-GAAP diluted EPS of $0.77. 2024 Full-Year Financial Highlights Record revenues of $429.2 million, a 36% YoY increase. GAAP operating income of $108.1 million (up 65% YoY); non-GAAP operating income of $130.3 million (up 56% YoY), representing operating margins of 25.2% and 30.4%, respectively; GAAP net income of $118.5 million (up 51% YoY); non-GAAP net income of $138.6 million (up 45% YoY); GAAP diluted EPS of $2.42 and non-GAAP diluted EPS of $2.83; and Operating cash flow of $122.2 million in 2024, which led to a year-end total cash, short-term and long-term deposits and marketable securities balance of $501.2 million. Forward-Looking Expectations Management expects continued growth in 2025 with revenues in the first quarter of 2025 in the range of $118-120 million, representing approximately a 23% increase over first quarter of 2024 revenues. Management Comment Rafi Amit, Camtek's CEO commented , "2024 was a year of a strong growth in revenue and even higher growth in profit. Looking ahead, Camtek ended 2024 with a record quarter and a strong backlog which indicates continued growth into 2025. As we enter 2025, we are excited to launch the technologically innovative Eagle G5 and Hawk systems that broaden our portfolio, enhance our competitiveness, and enable us to enter new markets." Continued Mr. Amit, "The growing demand for AI has positioned Camtek as a leader and facilitated our significant growth in 2024. We believe we will continue to capitalize on the increasing need for AI applications, which necessitate considerable investments in high-performance computing (HPC) hardware. We will further benefit as AI becomes integrated into mainstream devices like automobiles, robotics, PCs, and mobile phones." Fourth Quarter 2024 Financial Results Revenues for the fourth quarter of 2024 were $117.3 million. This compares to fourth quarter 2023 revenues of $88.7 million, representing a year-over-year growth of 32%. Gross profit on a GAAP basis in the quarter totaled $58.1 million (49.6% of revenues), an increase of 46% compared to a gross profit of $39.8 million (44.9% of revenues) in the fourth quarter of 2023. Gross profit on a non-GAAP basis in the quarter totaled $59.3 million (50.6% of revenues), an increase of 36% compared to a gross profit of $43.7 million (49.2% of revenues) in the fourth quarter of 2023. Operating income on a GAAP basis in the quarter totaled $31.3 million (26.7% of revenues), an increase of 82% compared to an oper