What is RAIL VISION LTD's earnings per share (EPS)?

RAIL VISION LTD (RVSNW) reported diluted earnings per share of $-6.15 for fiscal year 2025. This represents a 88.9% 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.

RAIL VISION LTD Financials

RVSNW

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows RAIL VISION LTD (RVSNW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).

Rhea AI RVSNW FY2025 2026-04-22

Equity-funded cash reserves are carrying an asset-light development business whose operating spend still dwarfs commercial revenue.

In FY2025, free cash burn of -$9.2M closely matched operating cash burn of -$9.1M, showing the outflow is coming from day-to-day operations rather than expansion projects. With capex only $125K and cash at $20.0M, the balance sheet is financing an asset-light development effort, not a self-funding commercial engine.

Revenue rose from $142K in FY2023 to $1.5M in FY2025, but commercialization is still very early because gross profit remains far too small to absorb the fixed cost base. In FY2025, R&D plus SG&A totaled $12.3M against just $552K of gross profit, so losses reflect a scale mismatch more than heavy production investment.

The company’s liquidity posture improved sharply after FY2023: cash increased from $3.1M to $20.0M by FY2025 while liabilities stayed low. That combination points to an equity-funded balance sheet with little creditor pressure, so the key operating question is how efficiently external funding is being converted into commercial traction.

Financial Health Signals

Financial Health Score 53/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of RAIL VISION LTD's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

RAIL VISION LTD has an operating margin of -789.2%, meaning the company retains $-789 of operating profit per $100 of revenue. This results in a moderate score of 30/100, indicating healthy but not exceptional operating efficiency. This is down from -692.6% the prior year.

Growth

RAIL VISION LTD's revenue grew 14.4% year-over-year to $1.5M, a solid pace of expansion. This earns a growth score of 74/100.

Leverage

RAIL VISION LTD carries a low D/E ratio of 0.11, meaning only $0.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 9.96, RAIL VISION LTD holds $9.96 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 97/100.

Cash Flow

While RAIL VISION LTD generated -$9.1M in operating cash flow, capex of $125K consumed most of it, leaving -$9.2M in free cash flow. This results in a low score of 2/100, reflecting heavy capital investment rather than weak cash generation.

Returns

RAIL VISION LTD's ROE of -54.6% shows moderate profitability relative to equity, earning a score of 35/100. This is up from -173.5% the prior year.

Piotroski F-Score Partial

5/8

RAIL VISION LTD passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.82x

For every $1 of reported earnings, RAIL VISION LTD generates $0.82 in operating cash flow (-$9.1M OCF vs -$11.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.5M

YoY+14.4%

RAIL VISION LTD generated $1.5M in revenue in fiscal year 2025. This represents an increase of 14.4% from the prior year.

EBITDA

-$11.6M

YoY-31.0%

RAIL VISION LTD's EBITDA was -$11.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 31.0% from the prior year.

Net Income

-$11.1M

YoY+63.9%

RAIL VISION LTD reported -$11.1M in net income in fiscal year 2025. This represents an increase of 63.9% from the prior year.

EPS (Diluted)

$-6.15

YoY+88.9%

RAIL VISION LTD earned $-6.15 per diluted share (EPS) in fiscal year 2025. This represents an increase of 88.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$9.2M

YoY+4.8%

RAIL VISION LTD generated -$9.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 4.8% from the prior year.

Cash & Debt

$20.0M

YoY+15.8%

5Y CAGR+24.2%

RAIL VISION LTD held $20.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+59.3%

RAIL VISION LTD had 2M shares outstanding in fiscal year 2025. This represents an increase of 59.3% from the prior year.

Margins & Returns

Gross Margin

37.1%

YoY+2.5pp

RAIL VISION LTD's gross margin was 37.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.5 percentage points from the prior year.

Operating Margin

-789.2%

YoY-96.6pp

RAIL VISION LTD's operating margin was -789.2% in fiscal year 2025, reflecting core business profitability. This is down 96.6 percentage points from the prior year.

Net Margin

-746.5%

YoY+1615.7pp

RAIL VISION LTD's net profit margin was -746.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1615.7 percentage points from the prior year.

Return on Equity

-54.6%

YoY+118.9pp

5Y CAGR+1125.9pp

RAIL VISION LTD's ROE was -54.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 118.9 percentage points from the prior year.

Capital Allocation

R&D Spending

$6.9M

YoY+30.0%

5Y CAGR-1.0%

RAIL VISION LTD invested $6.9M in research and development in fiscal year 2025. This represents an increase of 30.0% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$125K

YoY+316.7%

5Y CAGR+0.5%

RAIL VISION LTD invested $125K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 316.7% from the prior year.

RVSNW Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.5M+14.4%	$1.3M+815.5%	$142K-66.3%	$421K-52.6%	$888K	N/A
Cost of Revenue	$935K+10.0%	$850K+1293.4%	$61K-95.6%	$1.4M+113.1%	$657K	N/A
Gross Profit	$552K+22.7%	$450K+455.6%	$81K+133.8%	-$240K-203.9%	$231K	N/A
R&D Expenses	$6.9M+30.0%	$5.3M-26.1%	$7.1M+14.7%	$6.2M-13.6%	$7.2M0.0%	$7.2M
SG&A Expenses	$5.4M+29.9%	$4.2M-3.8%	$4.3M+1.7%	$4.3M+28.6%	$3.3M-5.3%	$3.5M
Operating Income	-$11.7M-30.3%	-$9.0M+21.0%	-$11.4M-6.2%	-$10.7M-4.3%	-$10.3M+3.8%	-$10.7M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	$2.4M-4.5%	$2.5M
Net Income	-$11.1M+63.9%	-$30.7M-175.5%	-$11.1M-6.4%	-$10.5M-2.5%	-$10.2M+4.5%	-$10.7M
EPS (Diluted)	$-6.15+88.9%	$-55.41+57.1%	$-129.26	$-5.91+33.9%	$-8.94-664.1%	$-1.17

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	$1.8M	N/A	$1.7M
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	$1.1M	N/A	$1.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	-$3.0M	N/A	-$3.0M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	-$3.0M	N/A	-$2.9M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	$-0.16	N/A	$-0.19

RVSNW Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$22.5M+9.4%	$20.6M+247.9%	$5.9M-43.2%	$10.4M+136.5%	$4.4M-50.8%	$9.0M
Current Assets	$22.0M+11.6%	$19.7M+328.1%	$4.6M-47.9%	$8.8M+266.8%	$2.4M-67.1%	$7.3M
Cash & Equivalents	$20.0M+15.8%	$17.2M+462.2%	$3.1M-62.9%	$8.3M+401.5%	$1.6M-75.6%	$6.7M
Inventory	$1.2M-7.4%	$1.3M+33.5%	$977K	N/A	N/A	N/A
Accounts Receivable	$215K-56.6%	$495K	N/A	$115K	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.2M-23.7%	$2.9M-7.6%	$3.1M+44.6%	$2.2M-83.0%	$12.7M+57.9%	$8.1M
Current Liabilities	$2.2M-17.5%	$2.7M+2.6%	$2.6M+90.7%	$1.4M-11.8%	$1.6M-29.1%	$2.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$20.3M+14.9%	$17.7M+535.2%	$2.8M-66.3%	$8.3M+199.3%	-$8.3M-1018.1%	$907K
Retained Earnings	-$107.8M-11.5%	-$96.7M-46.6%	-$66.0M-20.3%	-$54.8M-23.6%	-$44.3M-30.0%	-$34.1M

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Total Assets	$22.5M-11.1%	$25.4M+23.2%	$20.6M+65.4%	$12.5M+110.3%	$5.9M-45.3%	$10.8M+3.8%	$10.4M-33.7%	$15.7M
Current Assets	$22.0M-10.9%	$24.7M+25.3%	$19.7M+73.4%	$11.4M+146.9%	$4.6M-50.6%	$9.3M+5.5%	$8.8M-36.7%	$14.0M
Cash & Equivalents	$20.0M-11.0%	$22.4M+30.1%	$17.2M+77.9%	$9.7M+216.1%	$3.1M-62.6%	$8.2M-0.9%	$8.3M-36.0%	$12.9M
Inventory	$1.2M-15.6%	$1.4M+9.7%	$1.3M+34.7%	$968K-0.9%	$977K+99.0%	$491K	N/A	N/A
Accounts Receivable	$215K+126.3%	$95K-80.8%	$495K+266.7%	$135K	N/A	N/A	$115K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.2M-17.5%	$2.7M-7.6%	$2.9M+13.3%	$2.6M-18.4%	$3.1M+10.5%	$2.8M+30.9%	$2.2M-12.2%	$2.5M
Current Liabilities	$2.2M-15.6%	$2.6M-2.3%	$2.7M+22.1%	$2.2M-16.0%	$2.6M+18.0%	$2.2M+61.5%	$1.4M-10.1%	$1.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$20.3M-10.4%	$22.7M+28.2%	$17.7M+78.9%	$9.9M+255.1%	$2.8M-65.1%	$8.0M-3.3%	$8.3M-37.7%	$13.3M
Retained Earnings	-$107.8M-5.3%	-$102.3M-5.9%	-$96.7M-7.1%	-$90.3M-36.9%	-$66.0M-8.8%	-$60.6M-10.6%	-$54.8M-10.5%	-$49.6M

RVSNW Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$9.1M+5.8%	-$9.7M+7.9%	-$10.5M-5.4%	-$10.0M-0.3%	-$9.9M-38.2%	-$7.2M
Capital Expenditures	$125K+316.7%	$30K-80.3%	$152K+424.1%	$29K-89.4%	$273K+123.8%	$122K
Free Cash Flow	-$9.2M+4.8%	-$9.7M+9.0%	-$10.7M-6.6%	-$10.0M+2.1%	-$10.2M-39.6%	-$7.3M
Investing Cash Flow	-$125K-316.7%	-$30K+80.3%	-$152K-424.1%	-$29K+89.4%	-$273K-123.8%	-$122K
Financing Cash Flow	$11.8M-50.7%	$23.9M+343.2%	$5.4M-67.6%	$16.7M+224.8%	$5.1M+3.3%	$5.0M
Dividends Paid	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

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$3.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$14.0M
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	N/A	N/A

RVSNW Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	37.1%+2.5pp	34.6%-22.4pp	57.0%+114.1pp	-57.0%-83.0pp	26.0%	N/A
Operating Margin	-789.2%-96.6pp	-692.6%+7337.7pp	-8030.3%-5480.4pp	-2549.9%-1390.8pp	-1159.1%	N/A
Net Margin	-746.5%+1615.7pp	-2362.2%+5488.6pp	-7850.7%-5362.6pp	-2488.1%-1337.2pp	-1150.9%	N/A
Return on Equity	-54.6%+118.9pp	-173.5%+226.5pp	-400.0%-273.3pp	-126.7%	N/A	-1180.5%
Return on Assets	-49.2%+99.8pp	-149.1%+39.2pp	-188.3%-87.9pp	-100.4%+131.3pp	-231.7%-112.3pp	-119.3%
Current Ratio	9.96+2.6	7.36+5.6	1.76-4.7	6.45+4.9	1.55-1.8	3.34
Debt-to-Equity	0.11-0.1	0.16-1.0	1.12+0.9	0.26+1.8	-1.53-10.4	8.89
FCF Margin	-621.9%+125.2pp	-747.1%+6767.0pp	-7514.1%-5136.4pp	-2377.7%-1226.7pp	-1151.0%	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	-37.0%	N/A	-21.9%
Return on Assets	N/A	N/A	N/A	N/A	N/A	-27.3%	N/A	-18.4%
Current Ratio	9.96+0.5	9.44+2.1	7.36+2.2	5.18+3.4	1.76-2.5	4.21-2.2	6.45-2.7	9.17
Debt-to-Equity	0.110.0	0.12-0.0	0.16-0.1	0.26-0.9	1.12+0.8	0.36+0.1	0.26+0.1	0.19
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is RAIL VISION LTD's annual revenue?

RAIL VISION LTD (RVSNW) reported $1.5M in total revenue for fiscal year 2025. This represents a 14.4% 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 RAIL VISION LTD's revenue growing?

RAIL VISION LTD (RVSNW) revenue grew by 14.4% year-over-year, from $1.3M to $1.5M in fiscal year 2025.

Is RAIL VISION LTD profitable?

No, RAIL VISION LTD (RVSNW) reported a net income of -$11.1M in fiscal year 2025, with a net profit margin of -746.5%.

What is RAIL VISION LTD's EBITDA?

RAIL VISION LTD (RVSNW) had EBITDA of -$11.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is RAIL VISION LTD's gross margin?

RAIL VISION LTD (RVSNW) had a gross margin of 37.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is RAIL VISION LTD's operating margin?

RAIL VISION LTD (RVSNW) had an operating margin of -789.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is RAIL VISION LTD's net profit margin?

RAIL VISION LTD (RVSNW) had a net profit margin of -746.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is RAIL VISION LTD's return on equity (ROE)?

RAIL VISION LTD (RVSNW) has a return on equity of -54.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is RAIL VISION LTD's free cash flow?

RAIL VISION LTD (RVSNW) generated -$9.2M in free cash flow during fiscal year 2025. This represents a 4.8% 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 RAIL VISION LTD's operating cash flow?

RAIL VISION LTD (RVSNW) generated -$9.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are RAIL VISION LTD's total assets?

RAIL VISION LTD (RVSNW) had $22.5M in total assets as of fiscal year 2025, including both current and long-term assets.

What are RAIL VISION LTD's capital expenditures?

RAIL VISION LTD (RVSNW) invested $125K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does RAIL VISION LTD spend on research and development?

RAIL VISION LTD (RVSNW) invested $6.9M in research and development during fiscal year 2025.

How many shares does RAIL VISION LTD have outstanding?

RAIL VISION LTD (RVSNW) had 2M shares outstanding as of fiscal year 2025.

What is RAIL VISION LTD's current ratio?

RAIL VISION LTD (RVSNW) had a current ratio of 9.96 as of fiscal year 2025, which is generally considered healthy.

What is RAIL VISION LTD's debt-to-equity ratio?

RAIL VISION LTD (RVSNW) had a debt-to-equity ratio of 0.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is RAIL VISION LTD's return on assets (ROA)?

RAIL VISION LTD (RVSNW) had a return on assets of -49.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is RAIL VISION LTD's cash runway?

Based on fiscal year 2025 data, RAIL VISION LTD (RVSNW) had $20.0M in cash against an annual operating cash burn of $9.1M. This gives an estimated cash runway of approximately 26 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 RAIL VISION LTD's Piotroski F-Score?

RAIL VISION LTD (RVSNW) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are RAIL VISION LTD's earnings high quality?

RAIL VISION LTD (RVSNW) has an earnings quality ratio of 0.82x, 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.

How financially healthy is RAIL VISION LTD?

RAIL VISION LTD (RVSNW) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.