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].

Financial Data and Key Metrics Changes - The company reported revenues of $40 million for year '24, a decrease from the record $44 million in year '23, reflecting a return to normalized purchasing after post-COVID restocking [15] - For year '25, the company projects revenues of $44 million and net income of $2.5 million, indicating a 10% year-over-year increase [16][23] - The backlog increased by 35% to $27 million at the end of year '24, driven by exposure to the booming defense sector [16] Business Line Data and Key Metrics Changes - The supply chain division has doubled its engineering team and tripled the number of manufacturers represented, enhancing market position and growth trajectory [7] - The RFID division is expanding its salesforce to capture the rebound in the Israeli civil market and will add off-the-shelf packing machines for logistics centers [18] - The robotic division is preparing for its first installation of a robotic production line in Europe in the first half of the year [19] Market Data and Key Metrics Changes - The Israeli defense budget rose 73% year-over-year, while Europe's defense budget increased by 16% year-over-year, positively impacting key clients and the company [17] - The company has achieved $4 million in overseas sales in year '24 from its supply chain division, indicating successful international expansion [19] Company Strategy and Development Direction - The growth strategy focuses on strengthening relationships with defense clients and expanding internationally [17] - The company aims to deepen its offerings to defense clients, including the recent addition of cable in line [18] - The company is leveraging its Israeli defense client base to align with their global subcontractors for international growth [18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for year '25, citing a strong backlog and growth in the defense sector as key drivers [16][23] - The company is in excellent financial shape with $21 million in equity and zero bank debt, providing flexibility for strategic growth [23][24] - Management highlighted the significant discount at which the company is trading compared to broader market benchmarks, indicating a compelling investment opportunity [20][21] Other Important Information - The company has partnered with a US-based investor relations firm to enhance its presence in the US capital market, resulting in increased trading volume from 4,000 shares to 58,000 shares [21][22] - The company recorded an impairment charge of $1.2 million related to goodwill, which impacted net income for year '24 [32] Q&A Session Summary Question: Guidance on the new robotics line in Europe and its impact from the war in Ukraine - Management clarified that they do not have direct sales in Europe but align with major Israeli clients who export and require local production [28][29] Question: Clarification on tax loss carry forward - Management confirmed approximately $30 million in carry forward tax losses, which could provide up to $6 million in future tax savings, with only $1 million recognized as an asset [31] Question: Impact of new head of procurement on defense contracts - Management expressed confidence that the new hire will help capitalize on opportunities in the defense market and indicated updates will be provided if significant developments occur [35]

Exhibit 99.1 BOS Reports Financial Results for the Fourth Quarter and Full Year 2024 Net Income Rises 14.7% Year-Over-Year on Increased Gross Margin, Ef icient Operations Provides Initial 2025 Outlook for Further 10% Growth in Sales and Net Income RISHON LE ZION, Israel, March 31, 2025 – BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) reported its financial results for the fourth quarter and full year 2024. Fourth Quarter 2024 Financial Highlights: Eyal Cohen, BOS' CEO, stated: "BOS ...

Financial Data and Key Metrics Changes - The company reported revenues of $40 million for year '24, a decrease from the record $44 million in year '23, reflecting a return to normalized purchasing after post-COVID restocking [15] - For year '25, the company projects revenues of $44 million and net income of $2.5 million, indicating a 10% year-over-year increase [16][23] - The backlog increased by 35% to $27 million at the end of year '24, driven by exposure to the booming defense sector [16] Business Line Data and Key Metrics Changes - The supply chain division has doubled its engineering team and tripled the number of manufacturers represented, enhancing market position and growth trajectory [7] - The RFID division is expanding its salesforce to capture the rebound in the Israeli civil market and will add off-the-shelf packing machines for logistics centers [18] - The robotic division is preparing for its first installation of a robotic production line in Europe in the first half of year '25 [19] Market Data and Key Metrics Changes - The Israeli defense budget rose by 73% year-over-year, while Europe's defense budget increased by 16% year-over-year, positively impacting key clients [17] - The company has achieved $4 million in overseas sales in year '24 from its supply chain division, indicating successful international expansion [19] Company Strategy and Development Direction - The growth strategy focuses on strengthening relationships with defense clients and expanding internationally [17] - The company aims to deepen its offerings to defense clients, including the recent addition of cable in line [18] - The company is leveraging its Israeli defense client base to align with their global subcontractors for international growth [18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for year '25, citing a growing backlog and favorable trends in the defense sector [16][23] - The company is in excellent financial shape with $21 million in equity and zero bank debt, providing flexibility for strategic growth [23][24] - Management highlighted the significant discount at which the company is trading compared to broader market benchmarks, indicating a compelling investment opportunity [20][21] Other Important Information - The company has partnered with a US-based investor relations firm to enhance its presence in the US capital market, resulting in increased trading volume from 4,000 shares to 58,000 shares [21][22] - The company recorded an impairment charge of $1.2 million related to goodwill, impacting net income for year '24 [32] Q&A Session Summary Question: Guidance on the new robotics line in Europe and its impact from the war in Ukraine - Management clarified that they do not have direct sales in Europe but align with major Israeli clients who export and require local production [28][29] Question: Clarification on tax loss carry forward - Management confirmed approximately $30 million in carry forward tax losses, which could provide up to $6 million in future tax savings, with only $1 million recognized as an asset [31] Question: Impact of new head of procurement on defense contracts - Management expressed confidence that the new hire will help capitalize on opportunities in the defense market and indicated updates will be provided if significant developments occur [35]

Net Income Rises 14.7% Year-Over-Year on Increased Gross Margin, Efficient Operations Provides Initial 2025 Outlook for Further 10% Growth in Sales and Net Income RISHON LE ZION, Israel, March 31, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ:BOSC) reported its financial results for the fourth quarter and full year 2024. Year 2024 Financial Highlights: Fourth Quarter 2024 Financial Highlights: Eyal Cohen, BOS' CEO, stated: "BOS improved profitability on an operat ...

Core Viewpoint - BOS Better Online Solutions Ltd. has secured a new defense order worth $1.2 million, expected to be delivered by Q3 2025, indicating a positive trend in defense spending and opportunities for the company [1][2]. Company Overview - BOS specializes in integrating supply chain technologies across three divisions: Intelligent Robotics, RFID, and Supply Chain, aimed at enhancing operational efficiency and inventory management [3][4]. - The Intelligent Robotics Division focuses on automating industrial and logistics inventory processes using advanced robotics technologies [4]. - The RFID Division provides state-of-the-art solutions for inventory management, ensuring real-time visibility and control [4]. - The Supply Chain Division integrates franchised components into customer products, catering to the evolving needs for cutting-edge product development [4]. Industry Insights - There is an observed increase in global defense spending, which is creating new opportunities for BOS and its primary customers and subcontractors [2]. - The company anticipates robust ordering patterns in the strategic defense industry to persist throughout 2025 [2].

Company Overview - BOS Better Online Solutions Ltd. has appointed Osnat Gur as Board Chair and Avi Dadon as a new independent director [1][3] - Osnat Gur has been on the Board since 2021 and has extensive management experience in B2B marketing, technology, and manufacturing [2][3] - Avi Dadon previously served as Head of Procurement for the Israeli Ministry of Defense, bringing expertise in defense procurement and supply chain management [2][3] Leadership Insights - Osnat Gur expressed gratitude for her appointment and aims to drive growth in revenue and earnings for stockholders [3] - The addition of Avi Dadon is expected to leverage his experience in procurement to support BOS's continued success [3] Business Operations - BOS integrates advanced technologies across three specialized divisions: Intelligent Robotics, RFID, and Supply Chain [4][7] - The Intelligent Robotics Division focuses on automating industrial and logistics inventory processes [7] - The RFID Division enhances inventory management with real-time visibility and control [7] - The Supply Chain Division integrates components directly into customer products to meet evolving needs [7]

Company Overview - BOS Better Online Solutions Ltd. is an integrator of supply chain technologies, focusing on enhancing supply chain operations through advanced technologies [1][3]. - The company operates through three specialized divisions: Intelligent Robotics Division, RFID Division, and Supply Chain Division [5]. Leadership Change - The passing of Chairman Mr. Ziv Dekel has been announced, prompting the Board of Directors to initiate a search for a new Chairman [1]. - CEO Eyal Cohen highlighted Mr. Dekel's significant impact on the company's strategic direction and success, noting his dedication and leadership [2]. Condolences and Impact - The entire BOS team and Board of Directors expressed their condolences to Mr. Dekel's family, emphasizing that his wisdom and guidance will be deeply missed [3].

Company Overview - BOS Better Online Solutions Ltd. is an integrator of supply chain technologies, focusing on enhancing supply chain operations through advanced technologies [3] - The company operates through three specialized divisions: Intelligent Robotics Division, RFID Division, and Supply Chain Division [4] Upcoming Event - Eyal Cohen, the CEO of BOS, will present at the Emerging Growth Conference on February 18, 2025, at 9:40 am Eastern Time [1] - The presentation will include an overview of the company and a Q&A session, with questions accepted in advance [1] Technology and Solutions - The Intelligent Robotics Division automates industrial and logistics inventory processes, improving efficiency and precision [4] - The RFID Division provides state-of-the-art solutions for inventory management, ensuring real-time visibility and control [4] - The Supply Chain Division integrates franchised components into customer products, addressing the evolving needs for cutting-edge product development [4]

Group 1 - BOS Better Online Solutions Ltd. will release its financial results for Q4 and full-year 2024 on March 31, 2025, before market opens [1] - A video conference call will be held on March 31, 2025, at 8:30 a.m. Eastern Time to discuss the results [1] - A recording of the video conference will be available on the BOS website the following day for those unable to attend [1] Group 2 - BOS specializes in integrating advanced technologies to enhance supply chain operations across three divisions: Intelligent Robotics, RFID, and Supply Chain [2] - The Intelligent Robotics Division focuses on automating industrial and logistics inventory processes to improve efficiency and precision [3] - The RFID Division provides solutions for inventory management, ensuring real-time visibility and control [3] - The Supply Chain Division integrates franchised components into customer products to meet evolving needs [3]