BOSCNasdaqComputer Communications EquipmentFiscal year ends December 31
BOS BETTER ONLINE SOLUTIONS LTD
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 31, 2026
$4.29+0.08 (+1.90%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 7.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
23.9%+5.6 pts over 5 years
Operating margin
5.8%+7.6 pts over 5 years
Net margin
7.1%+10.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +26.6% | +6.8% | +8.6% | +7.0% | |
| Gross profit | +29.9% | +10.0% | +14.6% | +8.9% | |
| Operating income | +102.1% | +14.7% | – | +15.5% | |
| Net income | +57.0% | +41.4% | – | +26.9% | |
| EPS, diluted | +46.2% | +35.3% | – | +12.9% | |
| Free cash flow | +492.8% | – | +36.4% | +31.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 4.8% | -7.9% | 14.4% | |
| Return on assets | 3.1% | -4.0% | 9.1% | |
| Current ratio | 1.92 | 1.86 | 2.70 | |
| Debt to equity | – | 0.17 | 0.07 | |
| Net debt to EBITDA | – | -2.83× | -2.89× | |
| Inventory turnover | 9.2× | 5.3× | 5.3× | |
| Capex to revenue | 0.5% | 0.3% | 0.9% | |
| Diluted shares | 0M | 0M | 6M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Bos Better Online Solutions generated $9.46M from operations and spent $4.12M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$9.46M
Used
$4.12M
Capital expenditure$4.12M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.1%
×Asset turnover1.28×
×Equity multiplier1.58×
=Return on equity, FY202514.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 7.1% | 1.28× | 1.58× | 14.4% |
| FY2024 | 5.8% | 1.20× | 1.66× | 11.5% |
| FY2023 | 4.5% | 1.40× | 1.78× | 11.3% |
| FY2022 | 3.1% | 1.50× | 1.79× | 8.2% |
| FY2021 | 1.3% | 1.41× | 1.82× | 3.4% |
| FY2020 | -2.9% | 1.39× | 1.97× | -7.9% |
| FY2019 | -2.7% | 1.49× | 1.88× | -7.6% |
| FY2018 | 3.0% | 1.57× | 1.91× | 9.1% |
| FY2017 | 2.7% | 1.46× | 2.10× | 8.2% |
| FY2016 | 1.3% | 2.38× | 1.53× | 4.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$3.61M
- Cash generatingOperating cash flow above zero$5.05M
- Return on assets improvedROA up on the prior year7.1% → 10.5%
- Earnings backed by cashOperating cash flow above net income$5.05M vs $3.61M
- Less leverageLong-term debt to assets fell2.9% → 2.2%
- Better liquidityCurrent ratio rose2.28 → 2.70
- No dilutionShare count did not rise6M → 6M
- Gross margin improvedGross margin up on the prior year23.26% → 23.88%
- More efficientAsset turnover rose1.23 → 1.47