Losses
Found 5 recent publications
Benny Landa's troubles cost Vitania an additional 50 million shekels in losses
The real estate company controlled by Rami Ungar will acquire the high-tech entrepreneur's rights in a joint project in Ness Ziona by assuming a debt of about a quarter of a billion shekels and waiving a debt Landa owes it. Last year, Vitania wrote off 80 million shekels following the collapse of Landa's printing business.
He said his company would bring in $30 million: it is bringing in only 1% of that
About a year ago, Moshe Nur's company promised a revolution in the textile printing market and revenues of tens of millions of dollars. However, the report for the first half of 2026 reveals that revenues are only 1% of the forecast, the coffers are nearly empty, and shareholders have been asked to provide financial backing to keep the company afloat.
Israir to forgo dividends: Airline to receive $4-8 million in government compensation
Alongside a $32 million loss in the first half of 2026, Israir is banking on its new New York route, state compensation, and a recovery in demand to return to a growth trajectory.
Israir with a difficult quarter: loss jumped to 18.5 million dollars
In the second quarter of 2026, Israir Group recorded record revenue, but Operation "Lion's Roar", the strengthening of the shekel, and a jump in fuel prices made it a loss-making quarter. At the same time, the company received approval to sell tickets for direct flights to New York - the first entry of an Israeli competitor into one of the most profitable routes in the world.
Wix Continues to Pay Dearly for Base44 Acquisition: Quarterly Loss Jumps to $76 Million
Wix reported a net loss of $76.4 million for the second quarter of 2026, driven by high operational and marketing costs associated with the integration of the Base44 startup.