vs

Side-by-side financial comparison of Currenc Group Inc. (CURR) and ELTEK LTD (ELTK). Click either name above to swap in a different company.

ELTEK LTD is the larger business by last-quarter revenue ($12.5M vs $10.1M, roughly 1.2× Currenc Group Inc.). ELTEK LTD runs the higher net margin — 2.9% vs -46.5%, a 49.4% gap on every dollar of revenue. On growth, ELTEK LTD posted the faster year-over-year revenue change (19.7% vs -23.3%).

Eltek is a brand of electric power conversion products for telecommunications and industrial applications, marketed as part of Delta Electronics. The products are developed and sold by Delta Electronics (Norway) AS, which is based in Drammen, Norway. As of 2018, Eltek had approximately 2000 employees, with offices in 40 countries.

CURR vs ELTK — Head-to-Head

Bigger by revenue
ELTK
ELTK
1.2× larger
ELTK
$12.5M
$10.1M
CURR
Growing faster (revenue YoY)
ELTK
ELTK
+43.0% gap
ELTK
19.7%
-23.3%
CURR
Higher net margin
ELTK
ELTK
49.4% more per $
ELTK
2.9%
-46.5%
CURR

Income Statement — Q1 FY2025 vs Q2 FY2025

Metric
CURR
CURR
ELTK
ELTK
Revenue
$10.1M
$12.5M
Net Profit
$-4.7M
$365.0K
Gross Margin
31.8%
24.1%
Operating Margin
-43.0%
11.6%
Net Margin
-46.5%
2.9%
Revenue YoY
-23.3%
19.7%
Net Profit YoY
-54.0%
-51.4%
EPS (diluted)
$-0.13
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CURR
CURR
ELTK
ELTK
Q2 25
$12.5M
Q1 25
$10.1M
Q3 24
$11.3M
Q2 24
$10.5M
Q1 24
$13.1M
Q3 23
$12.7M
Q2 23
$11.0M
Q2 22
$9.1M
Net Profit
CURR
CURR
ELTK
ELTK
Q2 25
$365.0K
Q1 25
$-4.7M
Q3 24
$-5.0M
Q2 24
$751.0K
Q1 24
$-3.0M
Q3 23
$-3.8M
Q2 23
$1.3M
Q2 22
$753.0K
Gross Margin
CURR
CURR
ELTK
ELTK
Q2 25
24.1%
Q1 25
31.8%
Q3 24
27.8%
Q2 24
15.6%
Q1 24
33.6%
Q3 23
32.5%
Q2 23
26.7%
Q2 22
18.5%
Operating Margin
CURR
CURR
ELTK
ELTK
Q2 25
11.6%
Q1 25
-43.0%
Q3 24
-141.5%
Q2 24
3.9%
Q1 24
-10.8%
Q3 23
-18.2%
Q2 23
12.6%
Q2 22
3.8%
Net Margin
CURR
CURR
ELTK
ELTK
Q2 25
2.9%
Q1 25
-46.5%
Q3 24
-44.1%
Q2 24
7.2%
Q1 24
-23.2%
Q3 23
-30.1%
Q2 23
11.9%
Q2 22
8.3%
EPS (diluted)
CURR
CURR
ELTK
ELTK
Q2 25
$0.05
Q1 25
$-0.13
Q3 24
$-0.13
Q2 24
$0.11
Q1 24
$-0.09
Q3 23
$-0.11
Q2 23
$0.22
Q2 22
$0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CURR
CURR
ELTK
ELTK
Cash + ST InvestmentsLiquidity on hand
$62.3M
$1.8M
Total DebtLower is stronger
$3.7M
Stockholders' EquityBook value
$-68.4M
$44.6M
Total Assets
$110.8M
$64.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CURR
CURR
ELTK
ELTK
Q2 25
$1.8M
Q1 25
$62.3M
Q3 24
$49.1M
Q2 24
$8.9M
Q1 24
Q3 23
Q2 23
$8.3M
Q2 22
Total Debt
CURR
CURR
ELTK
ELTK
Q2 25
Q1 25
$3.7M
Q3 24
$20.1M
Q2 24
Q1 24
Q3 23
Q2 23
Q2 22
Stockholders' Equity
CURR
CURR
ELTK
ELTK
Q2 25
$44.6M
Q1 25
$-68.4M
Q3 24
$-47.0M
Q2 24
$38.0M
Q1 24
$-10.9M
Q3 23
$-10.2M
Q2 23
$23.3M
Q2 22
$20.2M
Total Assets
CURR
CURR
ELTK
ELTK
Q2 25
$64.4M
Q1 25
$110.8M
Q3 24
$115.0M
Q2 24
$54.9M
Q1 24
$54.5M
Q3 23
$82.0M
Q2 23
$41.5M
Q2 22

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CURR
CURR
ELTK
ELTK
Operating Cash FlowLast quarter
$-1.5M
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-16.5%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CURR
CURR
ELTK
ELTK
Q2 25
Q1 25
$-1.5M
Q3 24
$-11.3M
Q2 24
Q1 24
$-221.0K
Q3 23
$-10.5M
Q2 23
Q2 22
Free Cash Flow
CURR
CURR
ELTK
ELTK
Q2 25
Q1 25
$-1.7M
Q3 24
Q2 24
Q1 24
$-233.0K
Q3 23
Q2 23
Q2 22
FCF Margin
CURR
CURR
ELTK
ELTK
Q2 25
Q1 25
-16.5%
Q3 24
Q2 24
Q1 24
-1.8%
Q3 23
Q2 23
Q2 22
Capex Intensity
CURR
CURR
ELTK
ELTK
Q2 25
Q1 25
1.7%
Q3 24
Q2 24
Q1 24
0.1%
Q3 23
Q2 23
Q2 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CURR
CURR

Sales Of Airtime$5.5M54%
Fiat Remittance Service$4.4M44%

ELTK
ELTK

Segment breakdown not available.

Related Comparisons