EX-99.1 2 ea026710501ex99-1_bosbet.htm PRESS RELEASE: BOS CONTINUES RECORD YEAR PERFORMANCE IN Q3 2025, SALES INCREASE 16% YEAR-OVER-YEAR

Exhibit 99.1

 

BOS Continues Record Year Performance in Q3 2025, Sales Increase 16% Year-Over-Year

 

Raises Full-Year 2025 Revenue and Net Income Guidance

 

RISHON LE ZION, Israel, November 25, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. (BOSC) today reported financial results for the third quarter and nine months ended September 30, 2025, demonstrating continued record-breaking performance in both revenue and profitability.

 

Third Quarter 2025 Financial Highlights

 

Revenue increased 15.9% to $11.4 million, compared to $9.8 million in Q3 2024.

 

Net income increased 17.9% to $677,000, or $0.11 per basic share, compared to $574,000, or $0.10 per basic share, in Q3 2024.

 

EBITDA increased 29.5% to $920,000 compared to $710,000 in Q3 2024.

 

Contracted backlog remained strong at $24 million as of September 30, 2025, compared to $24 million on June 30, 2025, and $22 million on March 31, 2025.

 

Cash and cash equivalents reached a record level of $7.3 million as of September 30, 2025.

 

Nine Months 2025 Financial Highlights

 

Revenue increased 28.4% to $37.9 million, compared to $29.6 million in the first nine months of 2024.

 

Net income increased 53.8% to $2.8 million, or $0.46 per basic share, compared to $1.8 million, or $0.32 per basic share, in the first nine months of 2024.

 

EBITDA increased 45.6% to $3.7 million compared to $2.5 million in the first nine months of 2024.

 

Eyal Cohen, Chief Executive Officer of BOS, stated: “We are pleased to report another quarter of robust growth, continuing our record-setting pace in both revenue and profitability. Our year-to-date performance demonstrates the strength of our Supply Chain division’s defense sector focus and our successful global diversification strategy. We continue to capitalize on expanding opportunities in this dynamic sector through deeper engagement with existing customers and strategic wins with new ones.

 

“While our RFID division experienced a nominal operating loss in Q3 due to logistics center slowdowns in Israel, we are confident that improving geopolitical conditions in the Middle East, combined with operational enhancements we have implemented, will drive a return to growth. Meanwhile, our Intelligent Robotics division continues to deliver steady profitability improvements year-over-year, demonstrating our team’s ability to drive operational excellence across all business units.

 

“Our year-to-date results speak for themselves: record revenue of $37.9 million and record net income of $2.8 million, or $0.46 per basic share. We are also generating strong cash flows from our efficient operating platform, bringing cash and cash equivalents to $7.3 million—providing a solid foundation to support our continued strategic growth initiatives.”

 

 

 

Cohen concluded: “Given our strong execution and $24 million backlog, we are raising our full-year 2025 financial guidance. We now expect our results to be at the high end of our previous guidance range of $45-$48 million in revenue and $2.6-$3.1 million in net income.”

 

Investor Conference Call

 

BOS will host a video conference call on November 25, 2025 at 8:30 a.m. EDT. A question-and-answer session will follow management’s presentation. To access the video conference, please click on the following link:

 

https://us06web.zoom.us/j/84586132530?pwd=MR8FSUWdKBSvsBtc0KTHYDZRZQiIcb.1

 

For those unable to participate in the live call, a recording will be available the following day on the BOS website: www.boscom.com.

 

About BOS

 

BOS integrates cutting-edge technologies to streamline and enhance supply chain operations for global customers in the aerospace, defense, industrial, and retail sectors. The Company operates three specialized divisions:

 

Intelligent Robotics Division: Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.

 

RFID Division: Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.

 

Supply Chain Division: Integrates franchised components directly into customer products, delivering innovative solutions that meet evolving customer needs.

 

For more information on BOS Better Online Solutions Ltd., visit www.boscom.com.

 

Contacts


Matt Kreps, Managing Director
Darrow Associates
+1-214-597-8200

 

mkreps@darrowir.com


Eyal Cohen, CEO
+972-542525925

 

eyalc@boscom.com

 

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Use of Non-GAAP Financial Information

 

BOS reports financial results in accordance with U.S. GAAP and also provides certain non-GAAP measures. These non-GAAP measures are not in accordance with, nor are they a substitute for, GAAP measures. These non-GAAP measures are intended to supplement the Company’s presentation of its financial results prepared in accordance with GAAP. The Company uses these non-GAAP measures to evaluate and manage its operations internally and is providing this information to assist investors in performing additional financial analysis consistent with financial models developed by research analysts who follow the Company. The reconciliation set forth below is provided in accordance with Regulation G and reconciles the non-GAAP financial measures with the most directly comparable GAAP financial measures.

 

Safe Harbor Regarding Forward-Looking Statements

 

The forward-looking statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, among others, the dependency of sales being generated from one or a few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up with or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the effect of ongoing regional conflicts, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS’ periodic reports and registration statements filed with the U.S. Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

 

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CONSOLIDATED STATEMENTS OF OPERATIONS

U.S. dollars in thousands (except share and per share numbers)

 

   Nine months ended
 September 30,
   Three months ended
September 30,
 
   2025   2024   2025   2024 
   (Unaudited)   (Unaudited) 
         
Revenues  $37,945   $29,561   $11,392   $9,827 
Cost of revenues   28,892    22,648    8,558    7,672 
Gross profit   9,053    6,913    2,834    2,155 
                     
Operating costs and expenses:                    
Research and development   130    125    44    41 
Sales and marketing   3,906    3,276    1,366    1,063 
General and administrative   1,721    1,457    640    500 
Impairment of Goodwill   700    -    -    - 
Total operating costs and expenses   6,457    4,858    2,050    1,604 
                     
Operating income   2,596    2,055    784    551 
Financial income (expenses), net   382    (238)   (42)   24 
Income before taxes on income   2,978    1,817    742    575 
Taxes on income   186    2    65    1 
Net income  $2,792   $1,815   $677   $574 
                     
Basic net income per share  $0.46   $0.32   $0.11   $0.10 
Diluted net income per share  $0.43   $0.31   $0.10   $0.10 
Weighted average number of shares used in computing basic net income per share   6,005    5,750    6,163    5,753 
Weighted average number of shares used in computing diluted net income per share   6,448    5,854    6,663    5,884 
                     
Number of outstanding shares as of September 30, 2025  and  2024   6,186    5,761    6,186    5,761 

  

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CONSOLIDATED BALANCE SHEETS

(U.S. dollars in thousands)

 

   September 30,
2025
   December 31,
2024
 
   (Unaudited)   (Audited) 
ASSETS        
         
CURRENT ASSETS:        
Cash and cash equivalents  $7,316   $3,368 
Restricted bank deposits   67    185 
Trade receivables   14,061    11,787 
Other accounts receivable and prepaid expenses   1,074    1,150 
Inventories   6,619    7,870 
           
Total current assets   29,137    24,360 
           
LONG-TERM ASSETS   139    177 
           
PROPERTY AND EQUIPMENT, NET   3,466    3,417 
           
OPERATING LEASE RIGHT-OF-USE ASSETS, NET   774    779 
           
DEFERRED TAX ASSETS   1,000    1,000 
           
OTHER INTANGIBLE ASSETS, NET   376    422 
           
GOODWILL   3,488    4,188 
           
Total assets  $38,380   $34,343 

 

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CONSOLIDATED BALANCE SHEETS

(U.S. dollars in thousands)

 

   September 30,
2025
   December 31,
2024
 
   (Unaudited)   (Audited) 
         
LIABILITIES AND SHAREHOLDERS’ EQUITY        
         
CURRENT LIABILITIES:        
Current maturities of long term loans  $137   $439 
Operating lease liabilities, current   210    176 
Trade payables   5,247    6,362 
Employees and payroll accruals   1,083    1,087 
Deferred revenues   3,209    2,003 
Accrued expenses and other liabilities   685    598 
           
Total current liabilities   10,571    10,665 
           
LONG-TERM LIABILITIES:          
Long-term loans, net of current maturities   989    980 
Operating lease liabilities, non-current   624    576 
Long term deferred revenues   270    293 
Accrued severance pay   700    498 
           
Total long-term liabilities   2,583    2,347 
           
           
TOTAL SHAREHOLDERS’ EQUITY   25,226    21,331 
           
Total liabilities and shareholders’ equity  $38,380   $34,343 

 

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CONDENSED CONSOLIDATED EBITDA

 

(U.S. dollars in thousands)

 

   Nine months ended
September 30,
   Three months ended
September 30,
 
   2025   2024   2025   2024 
                 
Operating income  $2,596   $2,055   $784   $551 
Add:                    
Impairment of Goodwill   700    -    -    - 
Amortization of intangible assets   45    143    16    47 
Stock-based compensation   31    63    11    21 
Depreciation   313    269    109    91 
EBITDA  $3,685   $2,530   $920   $710 

 

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SEGMENT INFORMATION

(U.S. dollars in thousands)

 

   RFID  

Supply

Chain Solutions

   Intelligent Robotics   Intercompany   Consolidated 
  

Nine months ended September 30, 2025

 
                     
Revenues  $9,208   $27,850   $1,179   $(292)  $37,945 
                          
Gross profit   1,808    6,883    362    -    9,053 
                          
Allocated operating expenses   1,638    3,203    211    -    5,052 
                          
Impairment and amortization of intangible assets   700    46    -         746 
                          
Unallocated operating expenses*   -    -    -         659 
                          
Income (loss) from operations  $(530)  $3,634   $151    -    2,596 
                          
Financial income and tax on income                       196 
                          
Net income                      $2,792 

 

   RFID  

Supply

Chain Solutions

   Intelligent Robotics   Intercompany   Consolidated 
  

Nine months ended September 30, 2024

 
                     
Revenues  $9,432   $19,023   $1,239   $(133)  $29,561 
                          
Gross profit   2,382    4,244    287    -    6,913 
                          
Allocated operating expenses   1,669    2,455    189    -    4,313 
                          
Unallocated operating expenses*   -    -    -         545 
                          
Income from operations  $713   $1,789   $98    -    2,055 
                          
Financial expenses and tax on income                       (240)
                          
Net income                      $1,815 

  

*Unallocated operating expenses include costs not specific to a particular segment but are general to the group, such as expenses incurred for insurance of directors and officers, public company fees, legal fees, and other similar corporate costs.

 

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SEGMENT INFORMATION

(U.S. dollars in thousands)

 

   RFID  

Supply

Chain Solutions

   Intelligent Robotics   Intercompany   Consolidated 
  

Three months ended September 30, 2025

 
                     
Revenues  $3,040   $8,116   $311   $(75)  $11,392 
                          
Gross profit   546    2,131    157    -    2,834 
                          
Allocated operating expenses   578    1,127    70    -    1,775 
                          
Amortization of intangible assets   -    16    -         16 
                          
Unallocated operating expenses*                  -    259 
                          
Income (loss) from operations  $(32)  $988   $87    -    784 
                          
Financial expenses and tax on income                       (107)
                          
Net income                      $677 

 

   RFID  

Supply

Chain Solutions

   Intelligent Robotics   Intercompany   Consolidated 
  

Three months ended September 30, 2024

 
                     
Revenues  $2,770   $6,336   $838   $(117)  $9,827 
                          
Gross profit   762    1,256    137    -    2,155 
                          
Allocated operating expenses   566    771    67    -    1,404 
                          
Unallocated operating expenses*                  -    200 
                          
Income from operations  $196   $485   $70    -    551 
                          
Financial income and tax on income                       23 
                          
Net income                      $574 

 

*Unallocated operating expenses include costs not specific to a particular segment but are general to the group, such as expenses incurred for insurance of directors and officers, public company fees, legal fees, and other similar corporate costs.

 

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