BOSCNasdaqComputer Communications EquipmentUS GAAP · USD

B.O.S. Better Online Solutions

BOS Better Online Solutions Ltd. is an Israel-based technology company that operates through three divisions: supply chain components, RFID-based inventory tracking, and intelligent robotics. Its business serves industrial, aerospace, defense, and retail customers that need integrated technologies for component distribution, asset visibility, and warehouse or logistics automation.

Revenue50.6m USD
+26.6 %y/y
Operating profit (EBIT)2.9m USD
+102.1 %y/y
EBIT margin5.8%
+2.1 ppy/y
Net income3.6m USD
+57.0 %y/y
Free cash flow4.6m USD
+492.8 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-200204060m USD2020: 34 m USD2020: EBIT -0.65 m USD20202021: 34 m USD2021: EBIT 0.52 m USD20212022: 42 m USD2022: EBIT 1.9 m USD20222023: 44 m USD2023: EBIT 2.5 m USD20232024: 40 m USD2024: EBIT 1.4 m USD20242025: 51 m USD2025: EBIT 2.9 m USD2025512.9
RevenueOperating profit (EBIT)

Business

Share of revenue
Supply Chain Components45 %

Distribution and integration of franchised electronic components into customer products.

RFID Solutions30 %

Marking, tracking, and inventory visibility systems for asset and inventory control.

Intelligent Robotics25 %

Automation systems used in industrial and logistics inventory processes.

Customers

BOS sells to global customers in aerospace, defense, industrial, and retail end markets. Its buyers use the company’s products and systems to embed components into finished products, improve inventory control, and automate material-handling or warehouse processes. Demand is driven by the need for traceability, operational efficiency, and tighter supply-chain execution.

Aerospace and defense OEMs

Buy franchised components and integration support for regulated, high-reliability products.

Industrial manufacturers

Buy RFID and robotics solutions to automate inventory and production flows.

Retail and logistics operators

Buy tracking and automation systems to improve inventory accuracy and throughput.

Supply-chain and distribution partners

Use BOS as a sourcing and integration channel for electronic components.

Strategy

BOS is focused on combining component distribution, RFID, and robotics into a broader supply-chain technology platform. Recent disclosures indicate continued emphasis on expanding distribution relationships and growing in markets such as India, while using each division to cross-sell into industrial and logistics customers.

Expand regional distribution partnershipsShort term

New exclusive agreements can extend market access and customer reach.

Cross-sell across three divisionsMedium term

Bundling components, RFID, and robotics increases wallet share per customer.

Grow in industrial automationMedium term

Automation demand supports higher-value solutions and recurring customer needs.

Geography

The company is headquartered in Israel and sells to global customers, with business activity spanning the United States and international markets. Recent disclosures also point to expansion efforts in India, reflecting a broader geographic reach for the supply-chain division. Geography matters because BOS combines Israel-based management and operations with customer demand tied to industrial supply chains across multiple regions.

Risks

BOS depends on customer spending in cyclical industrial, defense, and retail supply chains, so order timing and project delays can affect results. The company also faces execution risk in integrating suppliers, maintaining component availability, and scaling new distribution relationships across geographies.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Cyclical end-market demand1Supply chain disruption2Execution risk on growth initiatives3Technology and adoption risk4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Cyclical end-market demandImpact: HighLikelihood: High

    Aerospace, defense, industrial, and retail customers can defer projects or orders.

    Exposure: Order volume and project timing

  2. Supply chain disruptionImpact: HighLikelihood: Medium

    The business depends on sourcing and integrating franchised components for customer products.

    Exposure: Component availability and delivery timing

  3. Execution risk on growth initiativesImpact: MediumLikelihood: Medium

    New distribution partnerships require local operating capability and customer adoption.

    Exposure: India expansion and regional sales agreements

  4. Technology and adoption riskImpact: MediumLikelihood: Medium

    RFID and robotics spend depends on customers committing capital to automation.

    Exposure: Solution sales and implementation pace

Accounting

Judgemental items
Revenue recognition timing

Component sales, integration work, and solution delivery may be recognized at different points.

Impact: Affects quarter-to-quarter comparability

Inventory valuation

Franchised components and automation hardware can require obsolescence or write-down judgments.

Impact: Affects gross margin and working capital

Foreign currency translation

Operations and customers span Israel, the U.S., and other markets.

Impact: Affects reported revenue and expenses

Contract estimates

Integration projects may require estimates for fulfillment, acceptance, or warranty obligations.

Impact: Affects recognized revenue and liabilities

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026