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Operating Segments
 9 Months Ended
Sep. 30, 2023
Operating Segments [Abstract]  
Operating Segments

Note 4:- Operating Segments

 

  a. General:

 

The company has two operating segments, as follows:

 

Proprietary Products - Development, manufacturing, sales and distribution of proprietary plasma-derived protein therapeutics.
     
Distribution - Distribute imported drug products in Israel, which are manufactured by third parties.

 

  b. Reporting on operating segments:

 

   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Unaudited 
Nine months period ended September 30, 2023            
Revenues  $86,437   $19,650   $106,087 
Gross profit  $38,574   $2,504   $41,078 
Unallocated corporate expenses             (33,790)
Finance expenses, net             (3,883)
Income before taxes on income            $3,405 

 

   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Unaudited 
Nine months period ended September 30, 2022            
Revenues  $67,198   $16,702   $83,900 
Gross profit  $29,342   $2,070   $31,412 
Unallocated corporate expenses             (30,898)
Finance expenses, net             (5,719)
Income before taxes on income            $(5,205)

 

   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Unaudited 
Three months period ended September 30, 2023            
Revenues  $31,436   $6,498   $37,934 
Gross profit  $13,989   $814   $14,803 
Unallocated corporate expenses             (10,435)
Finance expenses, net             (1,072)
Income before taxes on income            $3,296 

  

   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Unaudited 
Three months period ended September 30, 2022            
Revenues  $25,580   $6,637   $32,217 
Gross profit  $12,429   $441   $12,870 
Unallocated corporate expenses             (10,308)
Finance expenses, net             (2,068)
Income before taxes on income            $494 

 

  b. Reporting on operating segments:

 

   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Audited 
Year Ended December 31, 2022            
Revenues  $102,598   $26,741   $129,339 
Gross profit  $44,369   $2,334   $46,703 
Unallocated corporate expenses             (42,171)
Finance expenses, net             (6,791)
Income before taxes on income            $(2,259)

 

  c. Reporting on operating segments by geographic region:

 

   Nine months period ended
September 30, 2023		 
   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Unaudited 
Geographical markets            
U.S.A and North America  $62,150   $
-
   $62,150 
Israel   3,119    19,650    22,769 
Europe   6,724    
-
    6,724 
Latin America   10,365    
-
    10,365 
Asia   3,958    
-
    3,958 
Others   121    
-
    121 
   $86,437   $19,650   $106,087 

 

  c.

Reporting on operating segments by geographic region:

 

   Nine months period ended
September 30, 2022		 
   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Unaudited 
Geographical markets            
U.S.A and North America.  $52,866   $
-
   $52,866 
Israel   3,631    16,702    20,333 
Europe   2,192    
-
    2,192 
Latin America   5,301    
-
    5,301 
Asia   2,665    
-
    2,665 
Others   543    
-
    543 
   $67,198   $16,702   $83,900 

 

   Three months period ended
September 30, 2023		 
   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Unaudited 
Geographical markets            
U.S.A and North America.  $25,294   $
-
   $25,294 
Israel   1,017    6,498    7,515 
Europe   3,280    
-
    3,280 
Latin America   328    
-
    328 
Asia   1,479    
-
    1,479 
Others   38    
-
    38 
   $31,436   $6,498   $37,934 

 

   Three months period ended
September 30, 2022		 
   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Unaudited 
Geographical markets            
U.S.A and North America.  $20,597   $
-
   $20,597 
Israel   1,377    6,637    8,014 
Europe   750    
-
    750 
Latin America   1,775    
-
    1,775 
Asia   767    
-
    767 
Others   314    
-
    314 
   $25,580   $6,637   $32,217 

 

   Year ended December 31, 2022 
   Proprietary
Products		   Distribution   Total 
   U.S Dollars in thousands 
   Audited 
Geographical markets            
U.S.A and North America  $75,851   $
-
   $75,851 
Israel   5,290    26,741    32,031 
Europe   5,277    
-
    5,277 
Latin America   11,294    
-
    11,294 
Asia   4,581    
-
    4,581 
Others   305    
-
    305 
   $102,598   $26,741   $129,339