Storage Drop Storage Technologies Ltd

Tel Aviv Stock Exchange STRG.TA

Storage Drop Storage Technologies Ltd Net Income for the year ending December 31, 2023: USD -1.79 M

Storage Drop Storage Technologies Ltd Net Income is USD -1.79 M for the year ending December 31, 2023, a 48.23% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Storage Drop Storage Technologies Ltd Net Income for the year ending December 31, 2022 was USD -3.46 M, a -114.90% change year over year.
  • Storage Drop Storage Technologies Ltd Net Income for the year ending December 31, 2021 was USD 23.21 M, a 1,231.76% change year over year.
  • Storage Drop Storage Technologies Ltd Net Income for the year ending December 31, 2020 was USD -2.05 M, a 38.72% change year over year.
  • Storage Drop Storage Technologies Ltd Net Income for the year ending December 31, 2019 was USD -3.35 M, a -632.18% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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Tel Aviv Stock Exchange: STRG.TA

Storage Drop Storage Technologies Ltd

CEO Mr. Menachem Cohen
IPO Date Oct. 25, 2011
Location Israel
Headquarters Eli Horovitz 19
Employees 11
Sector Utilities
Industries
Description

Storage Drop Storage Technologies Ltd engages in development of energy storage systems from renewable sources in Israel. It offers HyDrop, an energy storage system for power generation based on isothermal compression of air with water in liquid pistons with renewable energy (solar, wind) facilities; CoolDrop, energy storage system for cooling generation based on compression of environmentally friendly gas for the industrial refrigeration market; and DropX, an air compressor based on liquid piston with air compressed by water. The company was formerly known as Medivie Therapeutic Limited and changed its name to Storage Drop Storage Technologies Ltd in August 2021. Storage Drop Storage Technologies Ltd was founded in 2012 and is based in Rehovot, Israel.

StockViz Staff

January 16, 2025

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