BOSC - Earnings call transcript Q4 2023 | B.O.S. Better Online Solutions Ltd.

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Operator

Ladies and gentlemen, thank you for standing by. Welcome to the B.O.S conference call. [Operator Instructions] As a reminder, this conference call is being recorded and will be available on the B.O.S website as of tomorrow.

Before I turn the call over to Mr. and to business, that of materially financial are to like the statements its from would cause subject company's could respective condition risks those I contemplated. remind to forward-looking everyone for operations actual Cohen, results which differ uncertainties and results other Such include the well development technology and securities not effect of but factors, limited pricing, as product demand, risk and forward-looking acceptance, and changing detailed authorities. company's certain to product accounting are statements company's as policies in market time various economic filings are from to, conditions, which risks the the with time the

would Cohen, I to Mr. please over go call ahead. turn like now the CEO. Mr. Eyal Cohen, to

Eyal Cohen

and me are the Thank call joining you today. for our Zelter, Chairman call on Moshe with today. Dekel, Ziv CFO, Mr.

excited am I our at meet again meeting. to quarterly video here

review of we strategy. session. results During result record After will we'll business growth Year have that, this our a Q&A B.O.S. trends reflects and financial meeting, 'XX and

We goal gradually since consistently have achieved this year 'XX. and

During $X revenue in 'XX. 'XX year $XX.X $XX.X from a to year our in more grew million in year grew to than than 'XX in $X million year from less million million 'XX. EBITDA years, those

to 'XX. from million grew $X.XX in $X.XX income our net Our EPS from year in in $X year $X.X year 'XX million grew and to 'XX year in 'XX

strengthened we years, also financial our position. those During

$XX XXXX. million Our total year to assets grew in 'XX million from year $XX in

million year $XX at been Our in It bank we of cash, this that net positive, progresses of cap $X.X our on standing end 'XX. remains -- 'XX remained million during Despite and made and was December shareholders' 'XX remained $XX million period, roughly our $XX the equity and trends from have -- 'XX today. in increased $XX million million year market positive have $XX unchanged. million those year loans all to at

of market net is B.O.S., X.X. cap 'XX year year [ cap Market Market ratio. income ratio only to ratio presents ratio that analyst more 'XX The net of X.X cap than to is valuation income -- X.X. XX%. EBITDA following B.O.S. we've 'XX coverage current projected hope ] year and cap equity expose to X, shareholders' to The slide is investors. had year is our I story this is ratio to it's to less market for

year year expect Hence, and Business the represents force. supply the division of sales from increased trends. 'XX, chain revenue expanded we list electronic full. manufacturers 'XX its in products in growth In those it

situation defense current the in the we has Israel for Supply that the division will demand addition, year Israeli affect anticipate increased revenues, In it Chain 'XX. segment, positively and

high market other COVID from On 'XX, hand, the the for shortage electronic of during during the because this components in demand year the period. benefited division

We the will demands. expect that standard market XX, return to year in

The sales in Its by Israel. centers the decreased Israeli in sector. RFID division are XX%, revenues in by year mainly slowdown affected logistics civilian the through 'XX

division is 'XX. this in yield Robotics Dekel, the 'XX growth transitioning call million the ]. I sector its those promote Ziv The During portfolio successfully $XX of $X.X elaborate year to [ significantly we to to expanded continued will business by over -- million revenues income strategy. the growth Chairman, we offering Mr. year this to trends, growing in 'XX, on will sector, According to our our who civilian revenue which anticipate in net Israeli and XX% from want year Israel and growth 'XX. turn defense expect will Intelligent we

Ziv Dekel

conducting that to consistent and the business, segments, Thank Combining base, buildup all Eyal and we this business versus in-depth core a enhancement -- continue and expanding the of and within to bringing XXXX past sound plan capability are divisions to trends and capabilities with These our B.O.S.' of high-tech the for you, everybody. segments years. Eyal profit. organizational organic of favorable reference good Israeli result, sales these framework, to in and growth record course Hence, Israeli in of the leading these revamping and segments. comprehensive, segments a the most morning a afternoon lines defense In to effect the process expanding points premium primarily it and thorough, has broader been market of within dynamic Eyal's market.

production B.O.S.' broader competitively division continue led over I the RFID and the for the we on and companies. store. expand these to over focusing will your the hand on plan presentation M&A synergetic we now back the company's operatively local to warehouse you strategy. Thank all floor footprint to addition, Also, Eyal. Eyal In from our retail I win trust challenging the processes to by team perspective of attention. efforts

Eyal Cohen

[Operator Thank you, At we the time, Instructions] Ziv. begin Q&A this session.

Unknown Executive

Todd? All right.

Unknown Analyst

Is question had your I it the quarter? profitable. looks it regarding a was that time in correct, It Robotics was like the fourth first division.

Eyal Cohen

second breakeven this the 'XX, it also quarter in it's fourth in of in profitable. was And quarter. third So the quarter, year the

Unknown Analyst

be in you Okay. XXXX? that division expect to your And fastest-growing do

Eyal Cohen

yes, Yes, to 'XX. according revenue year year it increase will Yes. its significantly in in percentage, 'XX,

Unknown Analyst

see Do finally, And bit the of that year? you quarter? first it war you in was that pushed expect began the fourth a revenues the that throughout just Okay. due in the little quarter business, a weaker were come will to Or to October. lot

Eyal Cohen

to gave Yes, growth. for for first I provide it and outlook 'XX second to believe was the that us quarter. comfort year it the And pushed the in

Unknown Analyst

you a in for maybe competitive other future maybe nice straight that, extremely could could companies kind there just other numbers some you include a standpoint. Obviously, to you -- your if compare Okay. slide from And those you that Israeli add the could showing and you the in look as to. Is your companies industry any valuations your other undervalued. any there or similar yours industry could maybe cap companies had of or valuations, market of really in some

Eyal Cohen

during the year. that, the will see of analysis. half we sure will good. I'm that that I [indiscernible] And hope this coverage it's by I on Yes, be comparison first analyst hope this there year,

Unknown Analyst

XXXX. forward year to a I on and Congratulations really look strong

Eyal Cohen

further Okay. other Any questions question? no There this time. further at are

for So our look which Thank call, today. call be quarter to on May again you thank will first all. B.O.S. We 'XX. you joining in forward meeting you

Ziv Dekel

you all. Thank

B.O.S. Better Online Solutions (BOSC) 28 Mar 242023 Q4 Earnings call transcript