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Actelis Networks, Inc.
(NASDAQ:ASNS)
Actelis Networks, Inc. (ASNS) vs. SPDR S&P 500 ETF (SPY)
Actelis Networks, Inc. Business Overview & Revenue Model
Actelis Networks, Inc. Earnings Call Summary
Actelis Networks, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.26M | 7.76M | 5.61M | 8.83M | 8.54M | 8.53M |
| Gross Profit | 2.66M | 4.27M | 1.90M | 4.11M | 3.97M | 4.98M |
| EBITDA | -5.71M | -3.73M | -5.49M | -10.13M | -4.52M | -1.20M |
| Net Income | -6.07M | -4.37M | -6.29M | -10.98M | -5.25M | -1.50M |
Balance Sheet | ||||||
| Total Assets | 5.98M | 8.22M | 11.22M | 14.82M | 4.68M | 3.77M |
| Cash, Cash Equivalents and Short-Term Investments | 393.00K | 1.97M | 817.00K | 5.57M | 693.00K | 569.00K |
| Total Debt | 920.00K | 1.34M | 5.39M | 5.86M | 11.14M | 6.58M |
| Total Liabilities | 4.73M | 5.24M | 10.84M | 11.55M | 24.28M | 18.16M |
| Stockholders Equity | 1.25M | 2.98M | 229.00K | 3.27M | -19.60M | -14.40M |
Cash Flow | ||||||
| Free Cash Flow | -7.43M | -6.55M | -6.59M | -7.77M | -2.78M | -364.00K |
| Operating Cash Flow | -7.42M | -6.55M | -6.58M | -7.77M | -2.73M | -343.00K |
| Investing Cash Flow | -4.00K | 197.00K | 3.82M | -4.03M | -54.00K | -21.00K |
| Financing Cash Flow | 4.73M | 3.09M | 3.76M | 15.29M | 2.90M | 356.00K |
Actelis Networks, Inc. Technical Analysis
Actelis Networks, Inc. Risk Analysis
Actelis Networks, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $70.43M | ― | -5.41% | ― | 12.67% | 80.62% | |
61 Neutral | $36.69B | 12.42 | -10.20% | 1.85% | 8.50% | -7.32% | |
50 Neutral | $49.40M | ― | -21.97% | ― | 6.84% | 49.74% | |
49 Neutral | $23.69M | ― | -13.41% | ― | -34.53% | -50.58% | |
44 Neutral | $68.20M | ― | -43.88% | ― | -12.02% | -615.33% | |
42 Neutral | $4.99M | ― | -619.49% | ― | -12.53% | 48.48% | |
41 Neutral | $21.28M | ― | -112.88% | ― | -34.89% | -579.83% |
Actelis Networks, Inc. Corporate Events
On September 4, 2025, Actelis Networks announced the launch of its GigaLine 9000 solution, designed for large-scale building connectivity applications. This innovative system allows for gigabit connectivity using existing copper and coax infrastructure, addressing the needs of large installations such as buildings and arenas. The GL9000 aims to modernize infrastructure efficiently, leveraging the U.S. Federal BEAD Program funding to connect underserved communities. The solution is expected to enhance operational efficiency and reduce costs for facility operators, with deployment opportunities in the U.S. and Europe.
On September 2, 2025, Actelis Networks, Inc. entered into an inducement agreement with a warrant holder to exercise existing warrants for 4,270,197 shares at a reduced price of $0.37 per share. This agreement is expected to generate approximately $1.6 million in gross proceeds for the company, which will be used for general corporate purposes. The transaction, which closed on September 3, 2025, also involves issuing new warrants for 6,405,296 shares and includes financial advisory services from Rodman & Renshaw LLC and H.C. Wainwright & Co., LLC.
On September 2, 2025, Actelis Networks, Inc. announced a strategic order from the Federal Aviation Administration (FAA) for approximately $0.5 million to provide advanced hybrid-fiber networking solutions as part of the FAA’s air traffic control infrastructure modernization. This order is a part of the FAA’s broader $12.5 billion modernization initiative, highlighting Actelis’ critical role in enhancing secure, reliable connectivity across FAA facilities and airports. The deployment will enable fiber-grade performance and cyber-hardened communication, addressing urgent needs for reliable networking solutions without the extensive costs and delays of new infrastructure.
On August 19, 2025, Actelis Networks, Inc. received a notice from Nasdaq regarding its non-compliance with the $2.5 million stockholders’ equity requirement, which could lead to delisting unless a hearing is requested. The company intends to request a hearing to present its compliance plan and seek an extension, though there is no guarantee of a favorable outcome.
On August 21, 2025, Actelis Networks announced an operational reorganization aimed at enhancing customer value and optimizing its cost structure. The company plans to streamline operations by leveraging AI, offshoring, and outsourcing, with an expected 20% reduction in quarterly expenses by the end of 2025. This restructuring will focus on strengthening sales in profitable growth verticals and regions, while maintaining operational continuity and enhancing delivery and growth. Actelis aims to shift towards more software development and less hardware, ensuring no disruption to customer service and ongoing sales.
On August 11, 2025, Actelis Networks announced the appointment of Mark DeVol as Chief Revenue Officer for the Americas, effective August 27, 2025. DeVol, a seasoned professional with over 30 years of experience in defense, government, and telecommunications, is expected to bolster Actelis’ commercialization efforts in the Federal/Military and telecommunications markets. His extensive relationships and expertise in deploying secure networking solutions align with Actelis’ strategic priorities, particularly as the company aims to capture significant market share in the Americas. This appointment is part of Actelis’ broader strategy to expand its leadership team and market presence, with recent high-profile wins and certifications positioning the company as a trusted provider for mission-critical defense networking applications.
On August 6, 2025, Actelis Networks announced its Board of Directors approved a new treasury management strategy involving the allocation of funds to cryptocurrencies. This decision aims to diversify the company’s balance sheet and enhance long-term shareholder value by investing in digital assets with a minimum market capitalization of $500 million. The strategy is intended to complement Actelis’ core business in networking solutions, ensuring adequate working capital for operational needs and growth initiatives.
On June 30, 2025, Actelis Networks, Inc. entered into a securities purchase agreement with accredited investors to issue and sell shares of common stock and warrants in a private placement, raising approximately $1 million in gross proceeds. The offering closed on July 2, 2025, with H.C. Wainwright & Co. acting as the exclusive placement agent. The company plans to use the net proceeds as working capital for general corporate purposes. The issuance of the securities was exempt from registration under the Securities Act of 1933, and Actelis agreed to file registration statements for the resale of the unregistered securities. The agreement includes restrictions on further issuance of common stock or equivalents for a specified period and outlines shareholder approval requirements for the exercise of warrants.
On June 16, 2025, Actelis Networks, Inc. announced its strategic initiative to expand its presence in the federal and military markets by hiring Jason Chasse, an industry veteran with over 30 years of experience, as Director of Federal Sales. This move is part of Actelis’ efforts to capitalize on opportunities within the sector, leveraging its cyber-hardened, rapid deployment networking solutions that address critical modernization needs across military installations and federal agencies. The company’s solutions are already listed on the Department of Defense Information Network Approved Products List, enhancing its position in the market. Actelis’ technology allows for immediate fiber-grade connectivity over existing infrastructure, significantly reducing deployment times and costs, which is crucial as military branches and federal agencies face pressure to modernize their networks.