On Wednesday, Kamada Ltd. (Nasdaq: KMDA) stock Signaled red with the percentage of -1.06% in trading session .The firm after opening the first trading session at $4.70 Over the one year trading period, the stock has an above price of $8.61 and it’s below is recorded at $3.75. The company has a market cap of $188.664M. The company most recent volume stood at 6,114 shares as compared to its average volume of 21,375 shares.

Kamada Ltd. (Nasdaq: KMDA) recently reported financial results for the three and 12-months ended December 31, 2017.

Financial Highlights for the 12-Months Ended December 31, 2017

Total revenues were $102.8M, a 33% raise from the $77.5M recorded in 2016.

Revenues from the Proprietary Products section were $79.5M, a 42% raise from the $56.0M stated in 2016.

Revenues from the Distributed Products section were $23.3M, an 8% raise from the $21.5M recorded in the same period of 2016.

Gross profit was $32.1M, a 50% raise from the $21.3M stated in 2016.

Gross margin rose to 31% from 28% in the same period of 2016.

R&D expenses were $11.9M, a 26% decrease from the $16.2M in 2016.

Selling, general and administrative expenses were $12.7M, an raise of 20% contrast to $10.6M in 2016.

Operating income was $7.4M, contrast with an operating loss of ($5.5)M in 2016, an improvement of $12.9M year-over-year.

Net income was $6.9M, or $0.18 per share, contrast to a net loss of ($6.7)M, or a loss of ($0.18) per share, in 2016.

Adjusted EBITDA was $11.4M, contrast to Adjusted EBITDA of ($0.9)M in 2016.

Adjusted net income was $7.4M, contrast to an adjusted net loss of ($5.7)M in 2016.

Financial Highlights for the Three Months Ended December 31, 2017

Total revenues were $35.7M, a 47% raise from the $24.3M recorded in the fourth quarter of 2016.

Revenues from the Proprietary Products section were $28.9M, a 64% raise from the $17.7M stated in the fourth quarter of 2016.

Revenues from the Distributed Products section were $6.7M, a 2% raise from the $6.6M recorded in the fourth quarter of 2016.

Gross profit was $11.6M, a 148% raise from the $4.7M stated in the fourth quarter of 2016.

Gross margin rose to 33% from 19% in the fourth quarter of 2016.

R&D expenses were $1.9M, a decrease of 55% from the $4.2M in the fourth quarter of 2016.

Selling, general and administrative expenses were $3.3M, up 39% from $2.3M in the fourth quarter of 2016.

Operating income was $6.4M as contrast to an operating loss of ($1.9)M in the same period of 2016.

Net income was $6.3M, or $0.16 per share, contrast to a net loss of ($1.8)M, or a loss of ($0.05) per share, in the fourth quarter of 2016.

Adjusted EBITDA was $7.1M, contrast to Adjusted EBITDA of $(1.0)M in the fourth quarter of 2016.

Adjusted net income was $6.1M, contrast to an adjusted net loss of ($1.7)M in the fourth quarter of 2016.

Balance Sheet Highlights

As of December 31, 2017, the Company had cash, cash equivalents and short-term investments of $43.0M, contrast with $28.6M at December 31, 2016, a raise of $14.4M.