Ondas Holdings Inc. (NASDAQ:ONDS) Financial Analysis

Company Overview - Ondas Holdings Inc. focuses on providing wireless data solutions for mission-critical services and operates in a competitive landscape with peers like CuriosityStream Inc., LifeMD, Inc., Kubient, Inc., ClearPoint Neuro, Inc., and Porch Group, Inc. [1] Financial Metrics - Ondas Holdings Inc. has a Weighted Average Cost of Capital (WACC) of 11.85% and a Return on Invested Capital (ROIC) of -22.60%, resulting in a ROIC to WACC ratio of -1.91, indicating inefficient use of capital [2][6] - CuriosityStream Inc. has a WACC of 12.05% and a ROIC of -8.63%, leading to a ROIC to WACC ratio of -0.72, which is less severe than Ondas but still indicates inefficiency [3] - LifeMD, Inc. has a WACC of 10.79% and a ROIC of 26.57%, resulting in a positive ROIC to WACC ratio of 2.46, suggesting effective capital utilization [4][6] - Kubient, Inc. and ClearPoint Neuro, Inc. both have negative ROIC to WACC ratios of -7.83 and -5.21, respectively, indicating significant challenges in generating returns [5] - Porch Group, Inc. has a ROIC to WACC ratio of 0.34, showing modest positive returns and some level of capital efficiency, though not as strong as LifeMD [5][6]