Similar companies
Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 6.3M | 47.7% |
| Gross Profit | 3.3M | 123.8% |
| Cost of Revenue | 2.9M | 6.6% |
| Operating expense | 9.6M | 6.6% |
| Net Income | -11M | 29.9% |
| EBITDA | -6.3M | 16.5% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 152M | 45.3% |
| Total Liabilities | 37M | 35.8% |
| Total Equity | 91M | 248.2% |
| Shares Outstanding | 1.5M | 98.6% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | -8.4M | 26.2% |
| Cash from investing | -110,000 | 43.2% |
| Cash from financing | 52M | 2180.7% |
EPS
Financial Highlights for Ondas in Q2 '25
Ondas reported a revenue of 6.3M, which is a 47.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 3.3M, marking a 123.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.9M, a 6.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 9.6M, showing a 6.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -11M, showing a 29.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -6.3M, showing a 16.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Ondas with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
