BOSC - Earnings call transcript Q1 2024 | B.O.S. Better Online Solutions Ltd.

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Eyal Cohen

Thank you for joining our call. [indiscernible] We are excited to meet you again with our quarterly media meeting. Today, we have a comprehensive agenda.

We will start by reviewing our financial results, business strength and growth strategy. After that, we have a Q&A session to address any questions or concerns you will have.

looking the with begin forward statement. Let's

Operator

the gentlemen, the BOS and is recorded available thank of This you to Welcome being on be will by. standing and website Conference call as tomorrow. for conference Ladies BOS Call. Instructions] [Operator

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

Eyal Cohen

Thank you.

$XXX,XXX. late quarter of recorded first income The a

achieved collective gradually team, have as reflecting consistently effort a We this and our dedication. and

XX income toward track Flexitron million, our the XX on $XX month, trailing financial million. months million was EBITDA, this $X.X in EPS put our $X.X $X our to us reach trailing revenue Our $XX of targets of XX amounted and million net net revenues million income achieving results for --

which XX strong million landing the assets. balance XX a assets We of million equity, of shareholders' XX% We accounted have sheet.

ecosystem performance X.X%. inside healthy to -- flows ratios ratio of our [indiscernible] based shareholders' cash for the The being exploring million the agents with the on to future operation projected presents cap developing on market equity market right cap us growth. X.X% cap net 'XX on driver to is only next balance EBITDA our third net income combined $X.X of ratio for the pressure is most Market with -- of XX%. year the trailing box slide to valuation market provide class and Our of the million to sheet business $X.X

year our more cap It value Despite I $XX our trends $XX opportunity [indiscernible] business earned million hope, 'XX, today BOS roughly to a in market this than year, coverage unchanged. when also million, positive December million explore was million $X XX% remains we BOS to -- $XX more earned remain investments where and $XX million we analyst rates.

division electronic The we and beyond. Supply Basin in the from Hence, expect of has as subcons. and BOS Chain in revenue expanded increase the XXXX least manufacturers

receive affect this addition, its are efficient all year production in revenues now logistic revenues a significant we it we positively elite resale transitioning revenues of the X centers demand sector from not this. attic to the mainly we division's the In defensiveness portion because of in and will potential from relate for supply -- will division evasion record anticipate the robotic on -- filibuster this chain cloud quarter to for facing sector the in -- are increased sales the successfully cease orders year first is the --

revenues for nearline. for have real We and this our significantly offering expanded expect niche

I want call to the Zeltzer. turn to Mr.

Moshe Zeltzer

it the strengthen after, has most is of leading within process income the ask you net everybody. rejuvilation framework meaning companies and reference, that in the years. effect primary the morning, first are versus and Good Eyal. quarter been of the In comprehensive of product the effect you, past When for Thank for we in the process of capabilities continued structure the as the bringing consistent quarter the was of basic implementation profit and steps strengthening and sales organizational productivity well organic specifically growth of while business course characterized and with to to a the expand in organic as by core course, income. first LTV. it of source sound -- significant

our year ahead, the Israeli or strong in competition in Looking next combining of dynamics high-tech the its year, to favorable market rest difference the segments. and

We retail We continue plan trust expand goals. our mostly lines are to these optimistic expanding the addition, -- and made in should about to of premium the plan in floor business divisions a all further challenging Israel, growth which production footprint patient the to store. future. in of I to warehouse to the the the achieve to segments we lead

will growth Eyal. Our they for and very will expertise instrumentally achieve attention. far back our continue your teams goals. indication and harbor drive to over our I you our now and success confident so presentation to hand that having Thank

Eyal Cohen

At Ziv. you, intention. this time, Thank we

questions, you participants have you present the have while yourself all please thank -- you. If remain of

Unknown Analyst

this think about would think this first stay. than was world year. are less margin, think no level you could quarter? impact there's improve? do what to That's of for all why I know any like revenue last impact? second that because do of is . they the influenced the Do war you the do be of the you or the you going now. think year And this quarter is quarter better And to there gross can that of And the

Moshe Zeltzer

[indiscernible] recognize outlook year maybe of per of And about not low defense the beyond level and way, of the a distortion. on the regarding are They effect. it to quarter year keep and support Because imports the its war of growth increase of $XX and deferred our old in a having that, Regarding our it XX% related into profile. regardless situation keep year. the support quarter which first the try decrease it's revenues our permit sign at And most to absolutely -- If part -- million our for on trying this we by of we to business our we any devision during is this because regarding the are we is with for these -- the the the we decrease -- very revenues continued of revenue segment.

Unknown Analyst

Okay.

the margin? space gross see place improvement you'll of So another of for another

Moshe Zeltzer

margin. gross But a that revenue regarding this believe being year. well. profit million And margin revenues will next we close to XX yearas Annotating continue agree we will the or

Todd Felte

Congratulations a business quarter that defense It's nice know to you defense and earnings. about record related. on the just see the great has your this that much I is revenue of How What XX% was the year grown? ago? mentioned

Moshe Zeltzer

to seeing guess became revenue offering of And products think And the division, to for the is recent -- And extend the about the our example. this and looking -- to in defense new wire wire -- will pertaining ad growth a breach the revenue supply we at getting line the of bad, from more we to those chain opportunities integrated increase so is are I motivation we're XX%. -- we regarding its it XX% refined -- I because wires. a roles, this of the was And some master. we all are as to products in in wires set months, which we line the attributed

Todd Felte

little revenue the hear. had quarter Okay. talked That's about first to I the last lower. a know being caller great

QX with was said QX During QX we some and conference being revenue, can QX given everything there in projection last that QX that's had the than and $XX expect call, was a pushed and happened million your that stronger of year. last back to you in business

Moshe Zeltzer

don't on outlook remember provide Geneva view I -- in the think I based year we patterning by the we revenues. TA,

Todd Felte

the poised would finally, And of have see you've estimate a to nice Okay. significant Do your think and if X segments that the to robotics have then it to line in the finally was revenue you the growth? greatest year maintain is which achieved? profitability this the had robotics now profitability you revenue

Moshe Zeltzer

Yes.

that natural are recent this year, a X gross then And the very And we operating to passed after breakeven hard profit working from year. robotics from losses we is see gross working then it's process, or X into to breakeven a properties the it to process to and to operating I came and quarter from so last trend [indiscernible] think -- for quarters, profitable. after process. fourth division, continue we has loans it's this in

have trust in outer to the to And the that revenues grow market a if doing competitive that can market the okay, keep in that absolutely, relatively can that year, that the install push that we for we focusing meaning division, the I to during consenters on, the poised product very that you we are we robotics but the that strong compatible trends, segments think that highest another aspect profits everybody we are And and and will because think we're I okay? very there. all we in project the work will thorough are the position -- committed division, which segments are produce we rate, the have go is to about this the [indiscernible] build growth of sent

Todd Felte

And there the is of $X.XX you updates possibly then showing I the Is this now you M&A been any . just per acquired. there can companies? book follow-up. And is how your other value a so company why can't time, is. share Okay. either your any interest at us? I acquiring activity, and X undervalued. some Or I being -- stock By based my slides share have math, this over quarter. appreciated really quick on I undervalued has M&A don't you understand I give there

Moshe Zeltzer

is electives are but -- you price Regarding the undervalued, I undervalued, we set are the company -- believe do. price, need as the stock up the right, to is

increase We local mature long-term the are for avenge company. not share to

to tapes, our try takes X believe can think, complete on the by do of XX% most it rural what So that long. I be my have role but And during analyst second -- would the we -- quarter. an which I -- the have the I media process impact the to to too valuation. do effort

we other are for -- And have from we -- any -- that stat a, opportunities now. you follow-up the is Thank checking. and my seeking question. that, you Regarding several Thank for from divisions, a taking every processes this questions? are we

Okay.

you to or to so time. concerns, further So active your your have the questions us. you out Thank free we if please feel inside valuation for any participation of appreciate -- reach

Eyal Cohen

everybody, you, Thank

Avidan Zelicovsky

Thank you. Bye-bye.

B.O.S. Better Online Solutions (BOSC) 30 May 242024 Q1 Earnings call transcript