Company Information

  

Address: 1 HAYARDEN STREET  
City: AIRPORT CITY, LOD, ISRAEL 
State:  
Zip Code: 70151 
Telephone: 97239764000 

Description of Business

Primary SIC Code: 3661
(As filed with the SEC)  

AudioCodes Ltd. was incorporated in 1992 under the laws of the State of Israel. Our principal executive offices are located at 1 Hayarden Street, Airport City, Lod, 7019900 Israel. Our telephone number is +972-3-976-4000. Our agent in the United States is AudioCodes Inc., 27 World's Fair Drive, Somerset, New Jersey 08873. MAJOR DEVELOPMENTS SINCE JANUARY 1, 2016 New R&D Center In April 2014, the Office of the Chief Scientist (now known as NATI) approved a three-year program (2014-2016) for approximately NIS100 million (equal to approximately $25.7 million based on the exchange rate in effect as of December 31, 2014) to enable us to establish an advanced innovative research and development center for cloud computing technologies and Unified Communications. In May 2014, the research and development center was established.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20170.52NA11.52
03/20170.51NA13.75
12/20160.45NA14.11
09/20160.11NA48.55
06/20160.08NA52.38
03/20160.01NA465.00
12/20150.01NA390.00
03/20150.18NA25.56

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.11Total Liab/Total Assets0.42
Net Inc/Total Assets0.09Total Liab/Inv Cap0.56
Net Inc/Inv Cap0.12Total Liab/Comm Equity0.51
Pretax Inc/Net Sales0.05Interest Coverage RatioNA
Net Inc/Net Sales0.11Curr Debt/Equity0.03
Cash Flow/Net Sales0.13LTD/Equity0.08
SG&A/NetSales0.35Total Debt/Equity0.11
Asset Utilization   Liquidity  
Net Receivables Turnover4.95Quick Ratio1.42
Inventory Turnover3.46Current Ratio1.78
Inventory Day Sales0.01Net Rec/Curr Assets0.36
Net Sales/Work Cap4.17Inv/Curr Assets0.20
Net Sales/PP&E37.64  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 145.57 139.76 151.58 137.23
Cost of Goods Sold 57.23 56.97 62.59 58.56
Selling & Admin Exps 51.45 52.09 53.21 47.74
Operating Income 7.75 2.71 3.50 2.74
Interest Exp NA NA NA NA
Pretax Income 7.59 3.15 3.31 2.84
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 16.24 0.37 -0.09 4.22

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 34.52 27.05 22.97 55.57
Receivables - Total 28.83 30.03 37.30 32.63
Inventories - Total 16.33 16.78 14.74 13.81
Total Current Assets 79.68 73.85 75.01 102.01
Net Property, Plant & Equipment 3.87 4.09 3.86 3.19
Total Assets 186.98 189.82 200.38 174.30
Liabilities        
Accounts Payable 26.33 25.26 25.87 25.17
Debt in Current Liabilities 3.45 5.34 4.69 5.04
Total Current Liabilities 44.73 43.48 40.79 37.15
Long-Term Debt 8.49 6.03 5.11 9.79
Total Liabilities 78.32 72.37 66.66 69.50
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.10 0.11 0.13 0.11
Retained Earnings -44.40 -60.51 -60.87 -60.79
Treasury Stock -89.92 -60.54 -41.03 -35.77
Total Stockholders' Equity 108.66 117.45 133.72 104.81
Total Liabilities and Stockholders' Equity 186.98 189.82 200.38 174.30

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 18.34 17.56 5.96 14.09
Net Cash Provided by Investing Activities 14.06 4.33 -43.38 8.66
Net Cash Provided by Financing Activities -26.97 -17.79 21.46 -7.20

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012127.49-4.18-0.11
12/2013137.234.220.11
12/2014151.58-0.090.16
12/2015139.760.370.01
12/2016145.5716.240.45
Growth Rates3.37----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17537,45424.02




Report Date : 10/16/2017

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