Actelis Networks, Inc. (ASNS) Earnings
ASNS has beaten EPS estimates in 1 of its last 4 reported quarters (average surprise -311.0% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Mar 23, 2026 | $-0.39 | $-0.32 | +17.9% | $1M | +90.3% |
| Nov 14, 2025 | $-1.30 | $-1.70 | -30.8% | $643000 | -57.1% |
| Aug 14, 2025 | $-0.16 | $-0.21 | -31.2% | $941000 | -37.3% |
| Mar 24, 2025 | $-0.02 | $-0.26 | -1200.0% | $1M | -57.5% |
| Nov 14, 2024 | — | $-0.09 | — | $3M | — |
| Aug 14, 2024 | — | $0.01 | — | $3M | — |
| Nov 14, 2023 | — | $-0.32 | — | $845000 | — |
| Aug 24, 2023 | — | $-0.68 | — | $2M | — |
| May 12, 2023 | — | $-1.09 | — | $2M | — |
| Nov 11, 2022 | — | $-1.30 | — | $1M | — |
| Aug 11, 2022 | — | $-1.70 | — | $3M | — |
| Jun 22, 2022 | — | $-22.60 | — | $2M | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q4 FY2024 · March 24, 2025
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• 2024 was transformative with 38% revenue growth, 125% gross margin improvement, and 67% reduction in loss per share. • Progress in key markets: federal/military (150% YOY new orders), software/services (tripled new orders), MDU (GigaLine 900 gaining traction), smart city/transportation (major deployments). • Introduced MetaShield solution, prioritizing its integration into installed base for recurring revenue. • Strengthening go-to-market through industry presence and strategic partnerships. • Focus on operational efficiency, reducing operating expenses by 13%, and evaluating debt facilities to fund initiatives. • Board enhanced with two industry veterans.
Guidance
• Prioritize MetaShield into installed base globally for recurring revenue through subscriptions. • Strengthen go-to-market execution via industry events and strategic partnerships. • Focus on operational efficiency and evaluate selective debt facilities to fund growth without excessive equity dilution. • Expect continued growth in core markets: federal, IoT/smart city, and MDU.
Segment performance
Total revenue for 2024 increased 38% to $7.8 million from $5.6 million in 2023. North American revenues saw a 134% increase, representing a larger portion of the business. Gross margin improved dramatically to 55% from 34% in 2023. Software and services new orders tripled. In the federal/military sector, new orders grew 150% YOY. The GigaLine 900 solution family for multi-dwelling units is gaining market traction, and the smart city and transportation space secured major deployments in cities like Washington, DC and European municipalities.
Risks & headwinds
• Lumpy bookings and shipments leading to revenue unpredictability within the year. • Potential equity dilution if debt facilities are not secured to fund growth initiatives. • Market unpredictability in timing of large orders and deployments.
Analyst Q&A
Q: What's the driver for sequential revenue decline in Q4 and is it something to expect in the future?
A: Tuvia Barlev said opportunities are lumpy, with larger orders coming in at different times, and growth is expected to continue as they seed large markets.
Q: Concern about reverse split for stock?
A: Tuvia Barlev stated there's no current plan, and growth perspective should improve share value.
Q: Future outlook, dilution, projects, partnerships?
A: Tuvia Barlev discussed growth in federal, IoT/smart city, and MDU markets, mentioned potential equity dilution but looking to raise debt first, and ongoing partnerships with integrators and advisors.
Q: Previous deals and MetaShield revenue?
A: Tuvia Barlev said QIND deal not struck, MetaShield expected to generate revenue in 2025 second half.
Q: Update on NRTS project and dollar value?
A: Tuvia Barlev said NRTS is a large UK highways project, first phase was several million, next phases dependent on UK government, hard to predict timing or dollar value.
Q: Expectation of 2025 profitability?
A: Tuvia Barlev said they'd love to be profitable but can't guarantee, loss per share has reduced significantly, but large contracts' timing is uncertain.