Middle Eastern Penny Stocks With Market Caps Under US$1B

Operations: The company generates revenue from its Industrial Automation & Controls segment, totaling ₪45.32 million.

Market Cap: ₪32.2M

Airtouch Solar Ltd, with a market cap of ₪32.20 million, has shown significant revenue growth, reaching ₪45.32 million from the previous year’s ₪16.26 million. Despite this increase, the company remains unprofitable with a net loss of ₪5.46 million for 2024. The company’s short-term assets of ₪42.5M comfortably cover both its short and long-term liabilities, while its cash reserves exceed total debt levels, providing financial stability amid high share price volatility over recent months. The management team and board are experienced but face challenges in reversing negative earnings trends and improving return on equity currently at -23.04%.

TASE:ARTS Revenue & Expenses Breakdown as at May 2025

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Novolog (Pharm-Up 1966) Ltd operates in the healthcare services sector in Israel with a market cap of ₪794.87 million.

Operations: The company generates revenue from its Logistics Division with ₪1.79 billion, the Health Services Division contributing ₪206.73 million, and the Digital Division adding ₪26.31 million.

Market Cap: ₪794.87M

Novolog (Pharm-Up 1966) Ltd, with a market cap of ₪794.87 million, has transitioned to profitability, reporting net income of ₪39.54 million for 2024 compared to a loss the previous year. The company’s revenue rose to ₪2.02 billion from its Logistics and Health Services divisions primarily. Despite becoming profitable, Novolog’s earnings have declined by an average of 22.8% annually over five years and its return on equity remains low at 10.7%. The company is debt-free but faces challenges as short-term assets slightly undercut short-term liabilities by ₪100 million, while the board lacks extensive experience with an average tenure of 2.5 years.

TASE:NVLG Revenue & Expenses Breakdown as at May 2025

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include DFM:TAALEEM TASE:ARTS and TASE:NVLG.

This article was originally published by Simply Wall St.

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