Workflow
B.O.S. Better Online Solutions .(BOSC)
icon
Search documents
BOS Secures an $800,000 Order from an Indian Customer
Globenewswire· 2025-06-11 13:59
RISHON LE ZION, Israel, June 11, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), a leading integrator of supply chain technologies, announced today that its Supply Chain division has secured an $800,000 order from an Indian customer, with delivery scheduled for the fourth quarter of 2025. Eyal Cohen, BOS CEO, said: "This order represents a significant milestone in BOS's strategic expansion into the Indian defense market. India is emerging as a major hub for ...
B.O.S. Better Online Solutions (BOSC) Conference Transcript
2025-06-10 14:00
B.O.S. Better Online Solutions (BOSC) Conference June 10, 2025 09:00 AM ET Speaker0 Summit Virtual. We appreciate your participation in today's virtual event. Up next, we are pleased to introduce BOS Better Online Solution Limited. If you would like to ask a question during the webcast, you may click the q and a icon button on the right side of your screen. Please type your question into the box and click send to submit it. At this time, it is my pleasure to hand over the session to Eyal Cohen, CEO at BOS B ...
BOS to Release Second Quarter 2025 Results on August 21, 2025
Globenewswire· 2025-06-10 13:00
RISHON LE ZION, Israel, June 10, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), an integrator of supply chain technologies for the aerospace, defense, industrial and retail sectors, announced today that it will release financial results for the second quarter of 2025 before the market opens on Thursday, August 21, 2025. BOS will host a video conference call on August 21, 2025 at 8:30 a.m. EDT. A question-and-answer session will follow management’s presenta ...
B.O.S. Better Online Solutions .(BOSC) - 2025 Q1 - Earnings Call Transcript
2025-05-29 13:32
B.O.S. Better Online Solutions (BOSC) Q1 2025 Earnings Call May 29, 2025 08:30 AM ET Company Participants Eyal Cohen - CEOTodd Felte - SVP - Branch Manager Conference Call Participants None - Analyst None Welcome to the BOS conference call. All participants are at present in listen only mode. As a reminder, this conference call is being recorded and will be available on the BOS website as of tomorrow. Before I turn the call over to mister Cohen, I would like to remind everyone that forward looking statement ...
B.O.S. Better Online Solutions .(BOSC) - 2025 Q1 - Earnings Call Transcript
2025-05-29 13:30
Financial Data and Key Metrics Changes - The company reported record revenues and net income for Q1 2025, with a revenue target of $44 million and net income of $2.5 million for the full year [4][8] - The backlog decreased to $22 million from a record $27 million in December, which still covers approximately 50% of the annual revenue target [15][24] Business Line Data and Key Metrics Changes - The company is expanding its offerings in the defense sector, including a new cabling line that enhances its value proposition [5] - The robotic division is set to install its first European production line, marking a significant step in international expansion [6] Market Data and Key Metrics Changes - The Israeli defense budget increased by 73% year-over-year, while Europe's defense budget rose by 16%, creating a favorable demand environment for the company [7] - The company achieved a compounded annual growth rate of 49% in net income from 2021 to 2025 [7] Company Strategy and Development Direction - The growth strategy is based on deepening client relationships and international expansion, particularly through partnerships with Israeli defense global subcontractors [5][6] - The company is exploring acquisition opportunities that align with its business, particularly in the civil and defense markets [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in exceeding the full-year targets due to a strong backlog and favorable market conditions [4][25] - The company maintains a conservative approach while focusing on organic growth opportunities, especially in the Israeli and Indian markets [11] Other Important Information - The company has a strong financial foundation with $4 million in cash, zero bank debt, and $23 million in equity, providing flexibility for strategic growth [7][8] - The company trades at a price-to-earnings ratio of 10 and a price-to-book value ratio of 1, indicating attractive valuation compared to broader market multiples [8] Q&A Session Summary Question: Can you talk about margins moving forward as the company continues to grow and expand? - Management indicated that gross margins are expected to remain stable as the company expands its offerings, allowing for higher pricing and margins [10] Question: Do you see continued growth coming from the defense sector? - Management confirmed that the defense market is robust, with a focus on organic growth opportunities, while also exploring potential acquisitions [11] Question: Can you address the backlog? - The backlog dropped to $22 million, which is still considered high and covers a significant portion of annual revenues, reflecting confidence in future performance [15][24] Question: Was there a specific defense program that drove the business this quarter? - Management noted that components were embedded in one of Israel's leading munitions, indicating a broad-based demand rather than reliance on a single program [17] Question: Any plans for the $4 million in cash? - The cash will be used for working capital and potential future acquisitions in the defense market [20] Question: Can you provide comments about the second quarter? - Management stated that they usually provide an annual outlook and will have more information for the second quarter results in August [27]
BOS Reports Record $15 Million in Revenues for the First Quarter of 2025
Globenewswire· 2025-05-29 11:30
RISHON LE ZION, Israel, May 29, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) reported its financial results for the first quarter of the year 2025. First Quarter 2025 Financial Highlights: Revenues increased by 33.1% to $15.0 million from $11.3 million in the first quarter of the year 2024;Gross profit margin improved to 23.9% compared to 22.7% in the first quarter of the year 2024;EBITDA increased by 86.2% to $1.9 million compared to $1.0 million in the ...
BOS to Release First Quarter 2025 Results on May 29, 2025
Globenewswire· 2025-04-10 13:00
Core Viewpoint - BOS Better Online Solutions Ltd. will release its financial results for the first quarter of 2025 on May 29, 2025, before the market opens [1] Company Overview - BOS specializes in integrating supply chain technologies for sectors including aerospace, defense, industrial, and retail [1][2] - The company operates through three specialized divisions: Intelligent Robotics Division, RFID Division, and Supply Chain Division [4] Upcoming Events - A video conference call will be held on May 29, 2025, at 8:30 a.m. EDT, which will include a question-and-answer session following the management's presentation [2] - A recording of the conference will be available on the BOS website the day after the event [2]
BOS RFID Division Secures $375,000 Order for New Product Line
Newsfilter· 2025-04-08 13:00
RISHON LE ZION, Israel, April 08, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ:BOSC), an integrator of supply chain technologies, announced today that its RFID division has received a significant new order for an automatic sorting machine. The order, amounting to $375,000, is for the Israeli branches of a global fashion retailer and is scheduled for delivery in the fourth quarter of 2025. Eyal Cohen, CEO of BOS, stated, "We are pleased to secure yet another new ...
B.O.S. Better Online Solutions .(BOSC) - 2024 Q4 - Annual Report
2025-03-31 19:48
Financial Performance - In 2024, the company reported revenues of $40 million, a decrease from $44 million in 2023, reflecting normalized purchasing patterns post-COVID-19 [160]. - Gross profit for 2024 was $9.4 million, with a gross margin of 23.5%, compared to $9.2 million and a gross margin of 20.8% in 2023, indicating improved profitability across all divisions [161]. - Net profit for 2024 was $2.3 million, up from $2.01 million in 2023, with basic and diluted net income per share increasing to $0.40 and $0.39, respectively [164]. - Cash flow from operating activities was $1.3 million in 2024, down from $1.83 million in 2023, primarily due to a decrease in trade payables [180]. - The company had working capital of $13.7 million as of December 31, 2024, an increase from $11.14 million in 2023, indicating strong liquidity [170]. Expenses and Impairments - Sales and marketing expenses decreased to $4.4 million in 2024 from $4.89 million in 2023, aligning with the revenue decline [162]. - The company recorded an impairment of intangible assets and goodwill amounting to $1.2 million in 2024 due to decreased revenues and increased interest rates [163]. - The company recorded an impairment loss of goodwill of $707,000 for the RFID division in 2024, as its fair value was below its carrying value [196]. - Inventory write-downs were $636,000 in 2024, compared to $446,000 in 2023, reflecting risks from slow-moving items [189]. - Research and development expenses increased to $175,000 in 2024 from $158,000 in 2023, focusing on custom-made automation concepts [183]. Financing Activities - Net cash provided by financing activities in 2024 amounted to $217,000, primarily from short and long-term bank loans of $265,000 and share issuance proceeds of $119,000 [182]. - The company plans to grow its business through acquisitions of complementary businesses, which may require increasing debt and raising additional equity financing [178]. - The effective corporate tax rate is 23%, unchanged since January 1, 2018 [168]. Market Position and Growth Opportunities - The Intelligent Robotics division has 90% of its backlog serving the defense sector, indicating strong market demand [187]. - The company is well-positioned to capitalize on growth opportunities in the defense sector, which is experiencing strong expansion [185]. - The Intelligent Robotics division significantly expanded its RFID solutions portfolio in 2024, expecting revenue growth in 2025 [187]. - The flagship customers in the Supply Chain division include Israel Aerospace Industries, Elbit Systems, and Rafael, leaders in the defense segment [186]. - The company operates through three divisions: RFID, Supply Chain, and Intelligent Robotics, focusing on comprehensive technological solutions [184].
B.O.S. Better Online Solutions .(BOSC) - 2024 Q4 - Earnings Call Transcript
2025-03-31 14:16
B.O.S. Better Online Solutions Ltd. (NASDAQ:BOSC) Q4 2024 Earnings Conference Call March 31, 2025 8:30 AM ET Company Participants Eyal Cohen - Chief Executive Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. Welcome to the BOS conference call. All participants are at present in listen-only mode. As a reminder, this conference call is being recorded and will be available on the BOS website as of tomorrow. Before I turn the call over to Mr. . Cohen, I would like t ...