One Stop Systems ( (OSS) ) has released its Q4 earnings. Here is a breakdown of the information One Stop Systems presented to its investors.
One Stop Systems, Inc. (OSS) is a company specializing in rugged enterprise-class computing solutions for artificial intelligence (AI), machine learning (ML), autonomy, and sensor processing at the edge, serving both commercial and defense sectors.
In its latest earnings report, One Stop Systems announced a return to year-over-year revenue growth for the fourth quarter of 2024, driven by strong performance in both its OSS and Bressner segments. The company highlighted its successful transformation strategy towards higher-margin, higher-growth markets throughout the year.
Key financial metrics for the fourth quarter included a consolidated revenue of $15.1 million, marking a 15.1% increase from the previous year. However, the company reported a net loss of $3.1 million, influenced by a $1.2 million charge related to contract losses. The gross margin decreased to 15.7% from 33.7% in the prior year, primarily due to product mix and one-time charges. For the full year, consolidated revenue was $54.7 million, a decline from $60.9 million in 2023, largely due to the cessation of shipments to a former media customer.
Despite the challenges, OSS’s management remains optimistic about 2025, forecasting double-digit revenue growth and aiming for EBITDA break-even. The company expects significant growth in its OSS segment, driven by a robust sales pipeline and strategic focus on high-performance edge computing solutions.
Looking ahead, One Stop Systems plans to continue its strategic shift towards high-growth markets, with expectations of improved revenue and profitability, particularly in the second half of 2025, as it leverages its expanded product offerings and deepened customer collaborations.