Actelis Networks, Inc. Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Actelis Networks, Inc. has an operating margin of -48.4%, meaning the company retains $-48 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -131.3% the prior year.
Actelis Networks, Inc.'s revenue surged 38.4% year-over-year to $7.8M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Actelis Networks, Inc. carries a low D/E ratio of 0.05, meaning only $0.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Actelis Networks, Inc.'s current ratio of 1.51 indicates adequate short-term liquidity, earning a score of 40/100. The company can meet its near-term obligations, though with limited headroom.
While Actelis Networks, Inc. generated -$6.5M in operating cash flow, capex of $1K consumed most of it, leaving -$6.5M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Actelis Networks, Inc. passes 5 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Actelis Networks, Inc. generates $1.50 in operating cash flow (-$6.5M OCF vs -$4.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Actelis Networks, Inc. earns $-41.3 in operating income for every $1 of interest expense (-$3.8M vs $91K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Actelis Networks, Inc. (ASNS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Actelis Networks, Inc. generated $7.8M in revenue in fiscal year 2024. This represents an increase of 38.4% from the prior year.
Actelis Networks, Inc.'s EBITDA was -$3.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 49.1% from the prior year.
Actelis Networks, Inc. generated -$6.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 0.5% from the prior year.
Actelis Networks, Inc. reported -$4.4M in net income in fiscal year 2024. This represents an increase of 30.4% from the prior year.
Actelis Networks, Inc. earned $-0.85 per diluted share (EPS) in fiscal year 2024. This represents an increase of 67.4% from the prior year.
Actelis Networks, Inc. held $2.0M in cash against $150K in long-term debt as of fiscal year 2024.
Actelis Networks, Inc. had 8M shares outstanding in fiscal year 2024. This represents an increase of 153.5% from the prior year.
Actelis Networks, Inc.'s gross margin was 55.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 21.1 percentage points from the prior year.
Actelis Networks, Inc.'s operating margin was -48.4% in fiscal year 2024, reflecting core business profitability. This is up 82.9 percentage points from the prior year.
Actelis Networks, Inc.'s net profit margin was -56.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 55.8 percentage points from the prior year.
Actelis Networks, Inc. invested $2.4M in research and development in fiscal year 2024. This represents a decrease of 11.8% from the prior year.
Actelis Networks, Inc. invested $1K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 88.9% from the prior year.
ASNS Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $643K-31.7% | $941K+30.5% | $721K-32.1% | $1.1M-69.0% | $3.4M+372.6% | $726K-28.6% | $1.0M+20.4% | $845K |
| Cost of Revenue | $460K-27.7% | $636K+35.3% | $470K-32.7% | $698K-53.1% | $1.5M+194.1% | $506K-23.7% | $663K+7.1% | $619K |
| Gross Profit | $183K-40.0% | $305K+21.5% | $251K-31.0% | $364K-81.3% | $1.9M+783.2% | $220K-37.9% | $354K+56.6% | $226K |
| R&D Expenses | $591K-12.4% | $675K-0.9% | $681K+15.4% | $590K-2.2% | $603K-6.8% | $647K+10.6% | $585K-15.3% | $691K |
| SG&A Expenses | $805K+14.5% | $703K-1.8% | $716K-7.3% | $772K-2.3% | $790K-3.3% | $817K+12.5% | $726K-25.2% | $971K |
| Operating Income | -$1.9M-8.8% | -$1.8M+2.2% | -$1.8M-10.8% | -$1.6M-2578.8% | $66K+103.5% | -$1.9M-13.1% | -$1.7M+22.2% | -$2.1M |
| Interest Expense | $27K+22.7% | $22K-35.3% | $34K+108.2% | -$413K-401.5% | $137K+324.6% | -$61K+71.9% | -$217K-234.8% | $161K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$2.0M-4.2% | -$1.9M-2.2% | -$1.9M-3.4% | -$1.8M-2206.4% | -$78K+96.1% | -$2.0M-2.8% | -$1.9M-122.7% | -$867K |
| EPS (Diluted) | $-0.17+19.0% | $-0.21+4.5% | $-0.22+12.0% | $-0.25-2400.0% | $-0.01+98.0% | $-0.50+3.8% | $-0.52-62.5% | $-0.32 |
ASNS Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.9M+15.9% | $6.0M-15.8% | $7.1M-13.6% | $8.2M-1.6% | $8.4M-20.5% | $10.5M-6.3% | $11.2M+0.6% | $11.2M |
| Current Assets | $5.9M+22.6% | $4.8M-17.4% | $5.8M-15.3% | $6.9M+5.5% | $6.5M+5.7% | $6.2M+4.7% | $5.9M+9.2% | $5.4M |
| Cash & Equivalents | $1.5M+270.0% | $393K-65.0% | $1.1M-43.0% | $2.0M-18.4% | $2.4M+99.2% | $1.2M+95.3% | $620K-9.1% | $682K |
| Inventory | $2.7M+6.2% | $2.5M+0.4% | $2.5M+3.0% | $2.4M+12.9% | $2.2M-17.3% | $2.6M+3.2% | $2.5M-6.4% | $2.7M |
| Accounts Receivable | $624K-33.8% | $943K-23.6% | $1.2M-23.6% | $1.6M+134.2% | $690K | N/A | $664K | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $4.0M-16.1% | $4.7M+10.0% | $4.3M-17.9% | $5.2M-27.4% | $7.2M-40.0% | $12.0M+11.0% | $10.8M+6.1% | $10.2M |
| Current Liabilities | $3.5M-17.9% | $4.2M+13.3% | $3.7M-18.4% | $4.6M-29.2% | $6.5M-27.2% | $8.9M+28.6% | $6.9M+4.2% | $6.6M |
| Long-Term Debt | $150K0.0% | $150K0.0% | $150K0.0% | $150K-43.0% | $263K-89.6% | $2.5M-20.1% | $3.2M | N/A |
| Total Equity | $3.0M+136.8% | $1.3M-51.4% | $2.6M-13.6% | $3.0M+162.5% | $1.1M+168.2% | -$1.7M-529.9% | $388K-53.7% | $838K |
| Retained Earnings | -$49.8M-4.1% | -$47.8M-4.1% | -$45.9M-4.2% | -$44.1M-5.5% | -$41.8M-0.2% | -$41.7M-5.0% | -$39.7M-5.1% | -$37.8M |
ASNS Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.4M-131.7% | -$1.0M+52.0% | -$2.2M-23.0% | -$1.8M+17.4% | -$2.1M-954.2% | -$203K+85.3% | -$1.4M+38.7% | -$2.3M |
| Capital Expenditures | N/A | N/A | N/A | $0 | $0-100.0% | $1K-66.7% | $3K0.0% | $3K |
| Free Cash Flow | N/A | N/A | N/A | -$1.8M+17.4% | -$2.1M-949.0% | -$204K+85.3% | -$1.4M+38.6% | -$2.3M |
| Investing Cash Flow | $0+100.0% | -$5K-600.0% | $1K | $0-100.0% | $198K+19900.0% | -$1K-100.0% | $2.4M+217.5% | $753K |
| Financing Cash Flow | $3.5M+1014.7% | $312K-76.6% | $1.3M-9.4% | $1.5M+779.6% | $167K+201.8% | -$164K-114.0% | $1.2M+705.7% | -$194K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
ASNS Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.5%-3.9pp | 32.4%-2.4pp | 34.8%+0.5pp | 34.3%-22.4pp | 56.6%+26.3pp | 30.3%-4.5pp | 34.8%+8.1pp | 26.8% |
| Operating Margin | -300.0%-111.6pp | -188.4%+62.9pp | -251.3%-97.3pp | -154.1%-156.0pp | 1.9%+259.6pp | -257.7%-95.0pp | -162.7%+89.0pp | -251.7% |
| Net Margin | -307.9%-105.9pp | -202.0%+56.0pp | -258.0%-88.6pp | -169.4%-167.1pp | -2.3%+271.3pp | -273.6%-83.7pp | -189.9%-87.3pp | -102.6% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -28.6%+3.2pp | -31.8%-5.6pp | -26.2%-4.3pp | -21.9%-20.9pp | -0.9%+18.0pp | -18.9%-1.7pp | -17.2%-9.4pp | -7.8% |
| Current Ratio | 1.70+0.6 | 1.14-0.4 | 1.56+0.1 | 1.51+0.5 | 1.01+0.3 | 0.70-0.2 | 0.86+0.0 | 0.82 |
| Debt-to-Equity | 0.05-0.1 | 0.12+0.1 | 0.060.0 | 0.05-0.2 | 0.23+1.7 | -1.51-9.6 | 8.13-4.1 | 12.19 |
| FCF Margin | N/A | N/A | N/A | -166.5%-104.1pp | -62.4%-34.3pp | -28.1%+108.2pp | -136.3%+130.9pp | -267.2% |
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Frequently Asked Questions
What is Actelis Networks, Inc.'s annual revenue?
Actelis Networks, Inc. (ASNS) reported $7.8M in total revenue for fiscal year 2024. This represents a 38.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Actelis Networks, Inc.'s revenue growing?
Actelis Networks, Inc. (ASNS) revenue grew by 38.4% year-over-year, from $5.6M to $7.8M in fiscal year 2024.
Is Actelis Networks, Inc. profitable?
No, Actelis Networks, Inc. (ASNS) reported a net income of -$4.4M in fiscal year 2024, with a net profit margin of -56.4%.
What is Actelis Networks, Inc.'s earnings per share (EPS)?
Actelis Networks, Inc. (ASNS) reported diluted earnings per share of $-0.85 for fiscal year 2024. This represents a 67.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Actelis Networks, Inc.'s EBITDA?
Actelis Networks, Inc. (ASNS) had EBITDA of -$3.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Actelis Networks, Inc. have?
As of fiscal year 2024, Actelis Networks, Inc. (ASNS) had $2.0M in cash and equivalents against $150K in long-term debt.
What is Actelis Networks, Inc.'s gross margin?
Actelis Networks, Inc. (ASNS) had a gross margin of 55.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Actelis Networks, Inc.'s operating margin?
Actelis Networks, Inc. (ASNS) had an operating margin of -48.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Actelis Networks, Inc.'s net profit margin?
Actelis Networks, Inc. (ASNS) had a net profit margin of -56.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Actelis Networks, Inc.'s free cash flow?
Actelis Networks, Inc. (ASNS) generated -$6.5M in free cash flow during fiscal year 2024. This represents a 0.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Actelis Networks, Inc.'s operating cash flow?
Actelis Networks, Inc. (ASNS) generated -$6.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Actelis Networks, Inc.'s total assets?
Actelis Networks, Inc. (ASNS) had $8.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Actelis Networks, Inc.'s capital expenditures?
Actelis Networks, Inc. (ASNS) invested $1K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Actelis Networks, Inc. spend on research and development?
Actelis Networks, Inc. (ASNS) invested $2.4M in research and development during fiscal year 2024.
How many shares does Actelis Networks, Inc. have outstanding?
Actelis Networks, Inc. (ASNS) had 8M shares outstanding as of fiscal year 2024.
What is Actelis Networks, Inc.'s current ratio?
Actelis Networks, Inc. (ASNS) had a current ratio of 1.51 as of fiscal year 2024, which is generally considered healthy.
What is Actelis Networks, Inc.'s debt-to-equity ratio?
Actelis Networks, Inc. (ASNS) had a debt-to-equity ratio of 0.05 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Actelis Networks, Inc.'s return on assets (ROA)?
Actelis Networks, Inc. (ASNS) had a return on assets of -53.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Actelis Networks, Inc.'s cash runway?
Based on fiscal year 2024 data, Actelis Networks, Inc. (ASNS) had $2.0M in cash against an annual operating cash burn of $6.5M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Actelis Networks, Inc.'s Piotroski F-Score?
Actelis Networks, Inc. (ASNS) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Actelis Networks, Inc.'s earnings high quality?
Actelis Networks, Inc. (ASNS) has an earnings quality ratio of 1.50x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Actelis Networks, Inc. cover its interest payments?
Actelis Networks, Inc. (ASNS) has an interest coverage ratio of -41.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Actelis Networks, Inc.?
Actelis Networks, Inc. (ASNS) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.