Company Information

  

Address: 3 GOLDA MEIR STREET  
City: NESS ZIONA 
State:  
Zip Code: 7414001 
Telephone: 972779709031 

Description of Business

Primary SIC Code: 7372
(As filed with the SEC)  

We were incorporated in the State of Israel in September 1977 under the name Golan Melechet Machshevet (1997) Ltd. In April 1987, we became a public company in Israel, and our shares were listed for trade on the TASE. On May 16, 2010, we changed our name to Asia Development (A.D.B.M.) Ltd., and on January 12, 2016, we changed our name to Foresight Autonomous Holdings Ltd. Our Ordinary Shares are currently traded on the TASE, and ADSs representing our Ordinary Shares currently trade in the United States on the Nasdaq Capital Market, both under the symbol "FRSX." Our significant shareholder, Magna, was incorporated in Israel in 2001. Starting in 2011, Magna began to develop technology devoted to vehicle safety. Magna operated its vehicle safety segment of operations as a separate division for accounting purposes. On October 11, 2015, and pursuant to the Merger, we acquired 100% of the share capital of the Subsidiary from Magna.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/2017-0.17NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.36Total Liab/Total Assets0.11
Net Inc/Total Assets-0.57Total Liab/Inv Cap0.12
Net Inc/Inv Cap-0.61Total Liab/Comm Equity0.07
Pretax Inc/Net SalesNAInterest Coverage RatioNA
Net Inc/Net SalesNACurr Debt/Equity0.03
Cash Flow/Net SalesNALTD/Equity0.08
SG&A/NetSalesNATotal Debt/Equity0.12
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick Ratio21.51
Inventory TurnoverNACurrent Ratio21.51
Inventory Day SalesNANet Rec/Curr Assets0.02
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  12/31/2017 12/31/2016
Total Revenues(Net Sales) NA NA
Cost of Goods Sold NA NA
Selling & Admin Exps 4.77 2.85
Operating Income -8.86 -3.76
Interest Exp NA NA
Pretax Income -16.10 -1.81
Other Income NA NA
Net Income Bef Extraordinary ... NA NA
Net Income -15.94 -1.91

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016
Cash & Short Term Investments 12.02 3.36
Receivables - Total 0.48 0.10
Inventories - Total NA NA
Total Current Assets 24.67 3.86
Net Property, Plant & Equipment 0.29 0.07
Total Assets 28.04 5.26
Liabilities    
Accounts Payable 0.33 0.10
Debt in Current Liabilities 0.82 0.35
Total Current Liabilities 1.15 0.46
Long-Term Debt 2.07 0.13
Total Liabilities 3.22 0.59
Stockholder's Equity    
Minority Interest NA NA
Preferred Stock NA NA
Common Stock 0.00 0.00
Retained Earnings -19.30 -3.36
Treasury Stock NA NA
Total Stockholders' Equity 24.82 4.67
Total Liabilities and Stockholders' Equity 28.04 5.26

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016
Net Cash Provided by Operating Activities -5.07 -2.38
Net Cash Provided by Investing Activities -12.05 -1.76
Net Cash Provided by Financing Activities 23.40 7.50

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20160.00-1.91--
12/20170.00-15.94-0.17
Growth RatesNaN----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/18430.02




Report Date : 6/18/2018

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