MICRONET ENERTEC TECHNOLOGIES, INC. (NASDAQ:MICT) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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MICRONET ENERTEC TECHNOLOGIES, INC. (NASDAQ:MICT) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.

On March 29, 2018, Micronet Ltd., a subsidiary of Micronet Enertec Technologies, Inc., announced its financial results for the fiscal year ended December 31, 2017 and other financial information in an immediate report with the Tel Aviv Stock Exchange. Such financial statements are prepared in accordance with International Financial Reporting Standards and are presented in New Israeli Shekels (“NIS”). As of March 27, 2018, the exchange rate of NIS per $1 U.S. dollar was approximately 3.487NIS.

A copy of the financial statements for Micronet Ltd. for the fiscal year ended December 31, 2017 is furnished with this report as Exhibit 99.1.

Item 2.02. Financial Statements and Exhibits.

(d) Exhibits.


MICRONET ENERTEC TECHNOLOGIES, INC. Exhibit
EX-99.1 2 f8k032818ex99-1_micronet.htm CONSOLIDATED FINANCIAL STATEMENTS OF MICRONET LTD FOR THE FISCAL YEAR ENDED DECEMBER 31,…
To view the full exhibit click here

About MICRONET ENERTEC TECHNOLOGIES, INC. (NASDAQ:MICT)

Micronet Enertec Technologies, Inc. (Micronet Enertec) operates through Israel-based companies, which include Enertec Systems 2001 Ltd (Enertec), its subsidiary, and Micronet Ltd (Micronet), which develops, manufactures, integrates and markets rugged computers, tablets and computer-based systems and instruments for the commercial, defense and aerospace markets. The Company’s segments include defense and aerospace segment, and mobile resource management (MRM). The Company’s products, solutions and services are designed to perform in severe environments and battlefield conditions. Micronet operates in the commercial mobile resource management market and is a developer, manufacturer and provider of mobile computing platforms, designed for integration into fleet management and mobile workforce management solutions. Enertec operates in the defense and aerospace markets. Enertec designs, develops and manufactures computer based instruments and aerospace electronic solutions.