Tectona

TECT.TA

Software - Application · Technology

Price

141.90 ILA

+14.30 (+11.21%)

Market Cap

36.0M ILA

Exchange

Tel Aviv Stock Exchange

Winston Score

Winston is worried

Weak fundamentals across most pillars.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Weak

Growth

Weak

Cash Flow

Weak

Stability

Data not available

Valuation

Data not available

Track this stock — start free trial

Share count falling — buybacks

−65.9% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 74.5M (2021) → 25.4M (2025)

Winston Score History

The full picture

Tectona Ltd is an Israeli technology company listed on the Tel Aviv Stock Exchange that develops software applications. The company operates in the enterprise software space, building tools aimed at business customers. It is a small-cap firm in the early stages of commercializing its products.

Tectona generates revenue through software licensing and service contracts, though its financials show it is currently spending far more than it earns — a negative gross margin of nearly 39% means it loses money even before accounting for overhead costs. The company operates primarily in Israel with potential reach into international markets. Its deeply negative operating margin of over 500% signals that the business is in a heavy investment or early-growth phase, with costs vastly outpacing revenue. The central risk is whether Tectona can scale its customer base and revenue fast enough to reach profitability before exhausting its capital resources.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+12.4% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

-27.3% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

↓ Declining (-100% vs prior year)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

26.3%ownership

Insiders own a meaningful stake in the company

Cash Runway

~11 months

$7M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

Tectona has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

6.9%

Thin — 6.9% gross margin

Profit after running costs

Operating Margin

-741.3%

Losing money on operations — -741.3%

Return on the money invested

ROCE

-72.4%

Weak — -72.4% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

-46.5%

Shrinking sales (-46.5% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

2/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

Data not available

Spare cash per sale

FCF Margin

-408.1%

Burning cash (-408.1%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

N/A

Data not available

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial