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Actelis Networks, Inc.
(OTC:ASNS)
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Rating:46Neutral
Price Target:
$0.05
▲(17.50% Upside)
Action:Reiterated
Date:10/16/26
The score is primarily constrained by weak financial performance driven by large ongoing losses and substantial cash burn, partially offset by improved leverage on the balance sheet. Technicals show short-term strength but are overbought and still below longer-term moving averages. Corporate updates are a relative positive due to reported growth and margin/order momentum, but valuation remains challenged given unprofitability and no dividend support.
Positive Factors
Operating momentum
First-half revenue growth, sharply higher bookings, and expanding Q2 gross margin indicate improving demand and project conversion. If sustained, this combination can increase operating leverage, strengthen customer traction, and provide a more durable foundation for scaling the connectivity platform.
Negative Factors
Persistent unprofitability
Deep and persistent losses show that the current revenue base does not cover operating costs, making profitability highly dependent on substantial execution and scale improvements. Continued losses could weaken equity over time and constrain the company’s ability to invest without additional financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Operating momentum
First-half revenue growth, sharply higher bookings, and expanding Q2 gross margin indicate improving demand and project conversion. If sustained, this combination can increase operating leverage, strengthen customer traction, and provide a more durable foundation for scaling the connectivity platform.
Read all positive factors
Actelis Networks, Inc. (ASNS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.39M
Dividend YieldN/A
Average Volume (3M)98.61K
Price to Earnings (P/E)―
Beta (1Y)1.63
Revenue Growth-22.15%
EPS Growth71.74%
CountryUS
Employees37
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)-2.72
Shares Outstanding28,837,580
10 Day Avg. Volume42,436
30 Day Avg. Volume98,611
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.15
Price to Sales (P/S)0.20
P/FCF Ratio-0.09
Enterprise Value/Market Cap-2.32
Enterprise Value/Revenue-0.79
Enterprise Value/Gross Profit-2.19
Enterprise Value/Ebitda0.44
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.36
Revenue Forecast (FY)$7.36M
Actelis Networks, Inc. Business Overview & Revenue Model
Company Description
Actelis Networks, Inc. (ASNS) is a technology company specializing in advanced networking solutions. The company designs, develops, manufactures, and markets these solutions primarily for the Internet of Things (IoT) and telecommunications industr...
How the Company Makes Money
Actelis makes money primarily by selling networking hardware and related solutions that enable broadband and Ethernet connectivity over existing copper lines, often as an alternative or complement to new fiber builds. Revenue is generated from: (1...
Actelis Networks, Inc. Earnings Call Summary
Earnings Call Date:Mar 24, 2025
(Q4-2024)
| % Change Since: |
Next Earnings Date:Nov 12, 2026
Earnings Call Sentiment Positive
Actelis Networks reported strong financial improvements in 2024 with significant revenue and margin growth, reduction in losses, and success in key markets, particularly in federal/military sectors. However, challenges such as sequential revenue decline in Q4 and cash position concerns persist. The company is optimistic about its growth prospects, focusing on strategic partnerships and operational efficiency improvements.Positive Updates
Substantial Revenue Growth
Actelis Networks achieved a 38% year-over-year revenue growth, reaching $7.8 million in 2024, driven by a 134% increase in North American revenues.
Negative Updates
Sequential Revenue Decline in Q4
There was a sequential decline in revenue from Q3 to Q4 of 2024, attributed to the lumpiness in order timing and unpredictability of large orders.
Read all updates
Q4-2024 Updates
Positive
Negative
Substantial Revenue Growth
Actelis Networks achieved a 38% year-over-year revenue growth, reaching $7.8 million in 2024, driven by a 134% increase in North American revenues.
Read all positive updates
Company Guidance
During Actelis Networks' 2024 Annual Results Conference Call, CEO Tuvia Barlev highlighted significant financial improvements, including a 38% revenue growth, 125% gross margin improvement, and a 67% reduction in loss per share. The company achieved 150% year-over-year growth in new orders in the federal/military sector and tripled new software and services orders. Actelis' strategic initiatives for 2025 include the introduction of their MetaShield SaaS offering, strengthening go-to-market execution, and focusing on operational efficiency. Actelis also emphasized its nearly debt-free status and a 13% reduction in operating expenses, with plans to moderate debt to fund growth initiatives. The company plans to leverage its GigaLine product families and MetaShield solution to drive continued growth across federal, IoT, and MDU markets by integrating cybersecurity with network management.Actelis Networks, Inc. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
55
Neutral
Cash Flow
14
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.10M | 3.67M | 7.76M | 5.61M | 8.83M | 8.54M |
| Gross Profit | 1.48M | 1.22M | 4.27M | 1.90M | 4.11M | 3.97M |
| EBITDA | -7.26M | -7.18M | -3.73M | -5.49M | -10.13M | -4.52M |
| Net Income | -8.35M | -8.26M | -4.37M | -6.29M | -10.98M | -5.25M |
Balance Sheet | ||||||
| Total Assets | 11.36M | 9.53M | 8.22M | 11.22M | 14.82M | 4.68M |
| Cash, Cash Equivalents and Short-Term Investments | 5.75M | 4.44M | 1.97M | 817.00K | 5.57M | 693.00K |
| Total Debt | 626.00K | 1.02M | 1.34M | 5.39M | 6.54M | 11.14M |
| Total Liabilities | 4.15M | 4.73M | 5.24M | 10.84M | 11.55M | 18.70M |
| Stockholders Equity | 7.21M | 4.80M | 2.98M | 388.00K | 3.27M | -14.01M |
Cash Flow | ||||||
| Free Cash Flow | -8.20M | -7.70M | -6.55M | -6.59M | -7.77M | -2.78M |
| Operating Cash Flow | -8.11M | -7.69M | -6.55M | -6.58M | -7.77M | -2.73M |
| Investing Cash Flow | -55.00K | -8.00K | 197.00K | 3.82M | -4.03M | -54.00K |
| Financing Cash Flow | 13.24M | 9.80M | 3.09M | 3.76M | 15.29M | 2.90M |
Actelis Networks, Inc. Technical Analysis
Negative
0.04
Price Trends
0.04
Positive
0.06
Negative
0.16
Negative
Market Momentum
<0.01
Positive
79.69
Negative
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ASNS, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.04, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 79.69 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ASNS.
Actelis Networks, Inc. Risk Analysis
Actelis Networks, Inc. disclosed 54 risk factors in its most recent earnings report. Actelis Networks, Inc. reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Actelis Networks, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $45.42B | 69.32 | 22.82% | ― | 32.57% | 367.53% | |
67 Neutral | $2.30B | 46.16 | 6.54% | ― | 27.84% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | $181.79M | -55.40 | -1.90% | ― | -8.88% | -122.88% | |
55 Neutral | $246.50M | 99.58 | 0.95% | ― | 1.17% | 95.38% | |
46 Neutral | $1.39M | -0.02 | -143.41% | ― | -22.15% | 71.74% | |
46 Neutral | $523.93M | -20.24 | -18.82% | 4.42% | 15.75% | 78.71% |
* Technology Sector Average
ASNS
Actelis Networks, Inc.
0.05
-5.72
-99.17%
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Actelis Networks, Inc. Corporate Events
Business Operations and StrategyDelistings and Listing ChangesFinancial DisclosuresM&A Transactions
Actelis Networks Highlights Strong Growth and Strategic Momentum
Positive
Oct 15, 2026
Actelis Networks, Inc. operates in the networking and communications infrastructure sector, focusing on connecting artificial intelligence to the edge for defense, industrial IoT, intelligent transportation systems and hospitality. The company off...
Business Operations and StrategyExecutive/Board Changes
Actelis Networks streamlines leadership in ongoing restructuring
Neutral
Jul 29, 2026
Actelis Networks, Inc. continued its organizational restructuring and cost-reduction program with the decision to eliminate the position of Chief Revenue Officer, Americas, effective August 1, 2026. The role, held by Mark DeVol, will be discontinu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.