- Actelis Networks (ASNS, Financial) reported Q1 2025 stable revenues at $0.72 million, with a gross margin increase to 35% from the previous 30% year-over-year.
- The company improved its net loss per share by 56%, reducing it to $(0.22) from $(0.50) in Q1 2024.
- Actelis expanded its presence with new orders in the Nordic region, Hungary, the US, UK, and Japan, focusing on Federal and Military, Multi-Dwelling Units, and Intelligent Transportation Systems.
Actelis Networks, Inc. (ASNS), a leader in cyber-hardened networking solutions, announced its Q1 2025 financial results with stable revenues at $0.72 million, a slight decrease from $726,000 in the same period last year. The company reported an improved gross margin of 35%, up from 30% year-over-year.
The operating loss for the three months ended March 31, 2025, was reduced to $1.81 million, a 3% improvement from $1.87 million in Q1 2024, highlighting better cost management and efficiency. The net loss per share improved significantly by 56%, coming down to $(0.22) from $(0.50) in the previous year.
Actelis Networks bolstered its balance sheet with shareholders' equity rising to $2.61 million, ensuring compliance with Nasdaq requirements. The company noted a strategic focus on expanding its operations in Federal and Military sectors, Multi-Dwelling Units (MDU), and Intelligent Transportation Systems (ITS).
Geographically, Actelis secured new orders across multiple regions, with notable growth in North American revenues by 23%, an increase attributed to the profitable nature of these sales. However, the EMEA region saw a 31% decline in revenues. The company's efforts to modernize municipal and military base infrastructures, alongside partnerships with global distributors, underscore its strategic direction in enhancing its market footprint.
