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Thirdeye Systems
Company page · Defense

Thirdeye Systems

TASE : THESISIN : IL0003970188Headquarters: NetanyaIFRS accounts · in ₪M

Thirdeye Systems Ltd. engages in the research and development of high-end object recognition algorithms within the thermal spectrum in Israel and internationally. Based in Netanya.

Price₪3.73−1.5% · session of 12/11/2026
Market cap₪156Mprice × number of shares
Next resultsno later than 30/11/2026Quarterly report
1-year price−25.9% over the period
Analysis in brief · H1 2026

Thirdeye Systems: sales sharply up (+63.3%), net income sharply down (−67.8%), operating income sharply down (−74.8%).

  • Sales sharply up

    Revenue: ₪17M, vs. ₪11M a year earlier, i.e. +63.3%.

    H1 2026
  • Net income sharply down

    Net income: ₪−9M, vs. ₪−5M a year earlier, i.e. −67.8%.

    H1 2026
  • Operating income sharply down

    Operating income: ₪−8M, vs. ₪−5M a year earlier, i.e. −74.8%.

    H1 2026
  • Cash flow sharply down

    Operating cash flow: ₪−21M, vs. ₪−7M a year earlier, i.e. −186.0%.

    H1 2026
Built automatically from the published figures.
Valuation

What the market pays, vs. the sector

P/En.s.12-month loss
P/B2.9market cap / equity
Dividend yield0%dividends over the last 12 months / price
12-month range₪3.73 – ₪9.00monthly closes

This company's valuation multiples history is being built day by day from now on.

P/E calculated on net income (trailing 12 months: last fiscal year + H1 2026 − same period a year earlier). Sector median: companies in the group tracked here. Prices: Yahoo Finance; market cap cross-checked with the Tel Aviv Stock Exchange for Israeli stocks. These ratios describe a price, not a value: none of them says whether the share is expensive or cheap.

Insiders

Trades by executives and interested parties

17 filing(s) over 12 months · on shares: 1 increase(s) and 14 decrease(s) in holdings.

DateHolderSecurityDirectionQuantityPrice
04/10/2026Lior Segal
Director		SharesDown7,917—Maya ›
26/08/2026Sagi Yona
Executive		SharesDown1,413—Maya ›
22/07/2026Lior Segal
Director		SharesDown7,917—Maya ›
29/06/2026Lior Segal
Director		SharesDown15,834—Maya ›
29/06/2026Lior Segal
Director		SharesDown15,834—Maya ›
15/06/2026AgEagle Aerial Systems Inc
Interested party		SharesDown1,618,227—Maya ›
12/04/2026Lior Segal
Director		SharesDown7,917—Maya ›
19/02/2026Gil Barak
Executive		SharesDown46,766₪9.74Maya ›
19/02/2026Gil Barak
Executive		SharesDown46,766₪9.74Maya ›
13/02/2026Gil Barak
Executive		OptionsDown46,766₪3.06Maya ›
04/02/2026Sagi Yona
Executive		OptionsDown10,000₪4.66Maya ›
26/01/2026Roni Ben David
Interested party		SharesDown1,425,000₪7.82Maya ›

Filings submitted on Maya (executives, directors, shareholders above 5%). An increase or decrease in holdings may come from a purchase or sale on the exchange, but also from a grant or exercise of options (price "—": grant with no price). Bonds excluded. For details, see the filing on Maya.

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Every report from a TA-125 company, analyzed the same day: key figures and year-on-year change, analysis in brief, share price reaction. One daily summary during earnings season.

Detailed figures and history
The figures

Financial summary

S1 2026S1 2025FY 2025
Total assets702935
Current assets642729
Non-current assets626
Equity54103
of which minority interests000
Current liabilities131727
Non-current liabilities424
Revenue171121
Gross profit112
Operating income−8−5−12
Pre-tax income−9−5−13
Net income−9−5−13
Net income (attributable to shareholders)−9−5−13
Dividends paid000
Operating cash flow−21−7−10

In millions of shekels. The "H1" columns cover the first six months of the year.

Ratios

Calculated from these figures

S1 2026S1 2025FY 2025
Gross margin8.6%10.1%11.4%
Operating margin−46.9%−43.9%−55.7%
Net margin−50.4%−49.0%−62.4%
Current ratio (current assets / current liabilities)5,1 x1,6 x1,1 x
Equity / total assets76.6%35.6%9.5%

The 5-year history, charts and cross-check models are coming for companies listed only in Tel Aviv: each new filing on Maya is kept and enriches the page.

Company overview

Thirdeye Systems Ltd. engages in the research and development of high-end object recognition algorithms within the thermal spectrum in Israel and internationally. The company offers security, police and first responders, HLS and defense solutions. Its products include Argus Shield, a state-of-the-art detection and classification AI algorithm; MeduzaX, a C-UAV solution for unmatched security; Chimera UL, a day-and-night system that incorporates an uncooled LWIR thermal imager and HD Day EO camera in a compact lightweight package; vEYE, a short-range Investigation payload for dead spot around vehicle or compound uses in harsh conditions; fEYE, a fused advanced technologies to achieve exceptional perception, uses for ADAS levels 1 to 4 for UGV; and TESSERACT, an analytics enhancement for cooled and uncooled payload. It serves autonomous vehicles, critical assets, counter terrorism, maritime protection, border control, search and rescue, and airport security Industries. The company was formerly known as New Horizon Group Ltd. and changed its name to Thirdeye Systems Ltd. in May 2021.

Source: official company profile (Yahoo Finance), summary. Website: thirdeye-systems.com

Sources

No dividend paid over the past five years (source: Yahoo Finance).

Information, no recommendation. This site presents figures published by companies and calculations based on those figures. It is not investment advice, nor a recommendation to buy or sell, nor a valuation of the companies. Always check the original reports.