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Side-by-side financial comparison of ELTEK LTD (ELTK) and FiscalNote Holdings, Inc. (NOTE). Click either name above to swap in a different company.

FiscalNote Holdings, Inc. is the larger business by last-quarter revenue ($22.2M vs $12.5M, roughly 1.8× ELTEK LTD). On growth, ELTEK LTD posted the faster year-over-year revenue change (19.7% vs -24.7%).

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.

FiscalNote Holdings, Inc., or commonly FiscalNote, is a publicly traded software, data, and media company headquartered in Washington, D.C. The company was founded by Timothy Hwang, Gerald Yao, and Jonathan Chen in 2013. FiscalNote provides software tools, platforms, data services, and news through the FiscalNote Government Relationship Management (GRM) service, its core product. The company also uses an artificial intelligence platform to analyze proposed U.S. legislation based on key phrase...

ELTK vs NOTE — Head-to-Head

Bigger by revenue
NOTE
NOTE
1.8× larger
NOTE
$22.2M
$12.5M
ELTK
Growing faster (revenue YoY)
ELTK
ELTK
+44.4% gap
ELTK
19.7%
-24.7%
NOTE

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ELTK
ELTK
NOTE
NOTE
Revenue
$12.5M
$22.2M
Net Profit
$365.0K
Gross Margin
24.1%
Operating Margin
11.6%
-83.7%
Net Margin
2.9%
Revenue YoY
19.7%
-24.7%
Net Profit YoY
-51.4%
EPS (diluted)
$0.05
$-2.81

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
ELTK
ELTK
NOTE
NOTE
Q4 25
$22.2M
Q3 25
$22.4M
Q2 25
$12.5M
$23.3M
Q1 25
$27.5M
Q4 24
$29.5M
Q3 24
$29.4M
Q2 24
$10.5M
$29.2M
Q1 24
$32.1M
Net Profit
ELTK
ELTK
NOTE
NOTE
Q4 25
Q3 25
$-24.9M
Q2 25
$365.0K
$-13.3M
Q1 25
$-4.3M
Q4 24
Q3 24
$-14.9M
Q2 24
$751.0K
$-12.8M
Q1 24
$50.6M
Gross Margin
ELTK
ELTK
NOTE
NOTE
Q4 25
Q3 25
Q2 25
24.1%
Q1 25
Q4 24
Q3 24
Q2 24
15.6%
Q1 24
Operating Margin
ELTK
ELTK
NOTE
NOTE
Q4 25
-83.7%
Q3 25
-43.4%
Q2 25
11.6%
-31.9%
Q1 25
-50.0%
Q4 24
-19.4%
Q3 24
-23.1%
Q2 24
3.9%
-27.2%
Q1 24
-35.6%
Net Margin
ELTK
ELTK
NOTE
NOTE
Q4 25
Q3 25
-110.8%
Q2 25
2.9%
-57.0%
Q1 25
-15.4%
Q4 24
Q3 24
-50.7%
Q2 24
7.2%
-43.6%
Q1 24
157.6%
EPS (diluted)
ELTK
ELTK
NOTE
NOTE
Q4 25
$-2.81
Q3 25
$-1.73
Q2 25
$0.05
$-0.08
Q1 25
$-0.03
Q4 24
$1.88
Q3 24
$-1.33
Q2 24
$0.11
$-0.09
Q1 24
$0.37

Balance Sheet & Financial Strength

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

Metric
ELTK
ELTK
NOTE
NOTE
Cash + ST InvestmentsLiquidity on hand
$1.8M
$26.3M
Total DebtLower is stronger
$128.4M
Stockholders' EquityBook value
$44.6M
$62.0M
Total Assets
$64.4M
$255.1M
Debt / EquityLower = less leverage
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELTK
ELTK
NOTE
NOTE
Q4 25
$26.3M
Q3 25
$31.2M
Q2 25
$1.8M
$38.5M
Q1 25
$46.3M
Q4 24
$34.6M
Q3 24
$32.7M
Q2 24
$8.9M
$37.7M
Q1 24
$43.6M
Total Debt
ELTK
ELTK
NOTE
NOTE
Q4 25
$128.4M
Q3 25
$131.5M
Q2 25
$116.7M
Q1 25
$118.0M
Q4 24
$147.1M
Q3 24
$152.2M
Q2 24
$145.9M
Q1 24
$153.0M
Stockholders' Equity
ELTK
ELTK
NOTE
NOTE
Q4 25
$62.0M
Q3 25
$75.5M
Q2 25
$44.6M
$95.1M
Q1 25
$98.7M
Q4 24
$97.8M
Q3 24
$98.5M
Q2 24
$38.0M
$106.9M
Q1 24
$106.1M
Total Assets
ELTK
ELTK
NOTE
NOTE
Q4 25
$255.1M
Q3 25
$273.9M
Q2 25
$64.4M
$288.3M
Q1 25
$299.7M
Q4 24
$326.2M
Q3 24
$337.9M
Q2 24
$54.9M
$346.3M
Q1 24
$357.8M
Debt / Equity
ELTK
ELTK
NOTE
NOTE
Q4 25
2.07×
Q3 25
1.74×
Q2 25
1.23×
Q1 25
1.20×
Q4 24
1.50×
Q3 24
1.54×
Q2 24
1.36×
Q1 24
1.44×

Cash Flow & Capital Efficiency

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

Metric
ELTK
ELTK
NOTE
NOTE
Operating Cash FlowLast quarter
$-279.0K
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-8.7%
Capex IntensityCapex / Revenue
7.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELTK
ELTK
NOTE
NOTE
Q4 25
$-279.0K
Q3 25
$-8.3M
Q2 25
$-6.2M
Q1 25
$3.3M
Q4 24
$-1.3M
Q3 24
$-3.0M
Q2 24
$-3.7M
Q1 24
$2.7M
Free Cash Flow
ELTK
ELTK
NOTE
NOTE
Q4 25
$-1.9M
Q3 25
$-10.4M
Q2 25
$-7.7M
Q1 25
$1.3M
Q4 24
$-3.4M
Q3 24
$-5.4M
Q2 24
$-6.5M
Q1 24
$1.0M
FCF Margin
ELTK
ELTK
NOTE
NOTE
Q4 25
-8.7%
Q3 25
-46.2%
Q2 25
-33.0%
Q1 25
4.7%
Q4 24
-11.4%
Q3 24
-18.4%
Q2 24
-22.1%
Q1 24
3.3%
Capex Intensity
ELTK
ELTK
NOTE
NOTE
Q4 25
7.4%
Q3 25
9.3%
Q2 25
6.4%
Q1 25
7.2%
Q4 24
6.8%
Q3 24
8.3%
Q2 24
9.4%
Q1 24
5.3%
Cash Conversion
ELTK
ELTK
NOTE
NOTE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ELTK
ELTK

Segment breakdown not available.

NOTE
NOTE

Subscription$21.2M95%
Advisory Advertising And Other$1.0M5%

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