B.o.s. Better Online Solutions ( (BOSC) ) has released its Q1 earnings. Here is a breakdown of the information B.o.s. Better Online Solutions presented to its investors.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
BOS Better Online Solutions Ltd. is a company that integrates advanced technologies to optimize supply chain operations across various sectors, including aerospace, defense, industrial, and retail. The company operates through three specialized divisions: Intelligent Robotics, RFID, and Supply Chain Solutions.
BOS reported a record revenue of $15 million for the first quarter of 2025, marking a 33.1% increase from the previous year. The company’s strategic focus on the defense sector and operational efficiency contributed to this growth.
Key financial highlights include an 86.2% increase in EBITDA to $1.9 million and an 82.3% rise in net income to $1.35 million. The gross profit margin improved to 23.9%, and operating expenses grew by only 7.7%, showcasing the company’s operational leverage. However, the backlog decreased to $22 million from $27 million at the end of 2024.
Looking ahead, BOS management remains optimistic about exceeding their full-year revenue and net income targets for 2025, driven by ongoing investments in product development and a strong operational framework tailored to the defense industry’s evolving needs.