Fourth Quarter and Fiscal Year 2016 Financial Highlights

Best Results in the History of the Company

Strong and continuous revenue growth

  • Record revenues
  • Annual revenues of $1.25 billion (30% YoY growth)
  • Quarterly revenues of $340 million (34% YoY growth)

Substantial net profit and margins increase

  • Record Net profit of $204 million in 2016
  • Record EBIDTA of $367 million in 2016

Strong Balance Sheet and Financial Ratios

  • Net cash of $37 million (as of Dec’31, 2016) as compared to net debt of $105 million (as of Dec’31, 2015)
  • Increased cash and short-term deposits to $389 million
  • Record shareholders equity of $683 million (as of Dec’31, 2016), as compared to $386 million (as of Dec’31, 2015)

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