Actelis Networks Reports $721.7 Million Revenue in Q1 2025, Improves Net Loss

Actelis Networks, Inc. reported its financial results for the first quarter of 2025, revealing revenues of $721.7 million, a notable increase from $681.6 million in the same period of 2024. The company achieved a gross profit of $251.2 million, reflecting a gross margin of approximately 34.8%. Operating expenses totaled $2.1 million, slightly down from $2.1 million in the previous year, leading to an operating loss of $1.8 million, which improved from a loss of $1.9 million in the first quarter of 2024. The net comprehensive loss for the period was $1.9 million, compared to a loss of $2.0 million in the prior year, resulting in a net loss per share of $0.22, an improvement from $0.50 per share.

The company’s balance sheet showed total assets of $7.1 million as of March 31, 2025, down from $8.2 million at the end of 2024. Current assets decreased to $5.8 million, primarily due to a reduction in cash and cash equivalents, which fell to $1.1 million from $2.0 million. Current liabilities also decreased to $3.7 million from $4.6 million, indicating a reduction in financial obligations. The company’s shareholders’ equity stood at $2.6 million, down from $2.8 million at the end of the previous fiscal year.

In terms of strategic developments, Actelis Networks made significant progress in its product offerings and market presence. The company issued 1.4 million shares of common stock during the quarter, raising $1.6 million in net proceeds. This capital infusion is expected to support ongoing research and development initiatives and enhance the company’s competitive position in the market. The company also reported an increase in its common stock outstanding, rising to 9.0 million shares from 7.6 million shares at the end of 2024.

Operationally, Actelis Networks has focused on expanding its customer base and enhancing product adoption rates. The company reported an increase in trade receivables, indicating higher sales activity, while also managing its inventory levels effectively. The company’s engagement metrics suggest a positive trend in customer interactions, although specific user statistics were not disclosed in the filing. The company continues to explore geographic expansion opportunities to capture a larger market share in the telecommunications sector.

Looking ahead, Actelis Networks remains optimistic about its growth trajectory, citing ongoing investments in product development and market expansion as key drivers for future performance. The company anticipates that its strategic initiatives will lead to improved financial results in subsequent quarters, despite the challenges posed by market conditions. Actelis Networks is committed to enhancing its operational efficiency and leveraging its technological advancements to meet the evolving needs of its customers.