Strong Revenue Growth
Senstar Technologies reported a 12.5% revenue increase in Q1 2025, reaching $8.4 million compared to $7.5 million in Q1 2024.
Significant Margin Expansion
Gross margin improved to 67.2% from 59.6% in the previous year, driven by a favorable product mix and cost optimization.
EBITDA and Net Income Growth
EBITDA rose to $1.2 million with a margin of 14.3%, and net income was $1 million or $0.04 per share, compared to a net loss of $746,000 or negative $0.03 per share last year.
Regional Performance Highlights
Canada led with a 58% revenue increase, APAC saw a 40% rise, and EMEA reported a 19% growth in revenue.
Technological Innovation
The MultiSensor product continues to gain traction, leading to high customer engagement and expanded testing.