MTEKNasdaqCommunications Equipment, NECUS GAAP · USD

Maris Tech Ltd.

Maris Tech Ltd. designs and supplies compact video-processing and edge AI systems for defense, intelligence, and unmanned platforms. The company is based in Rehovot, Israel and serves customers through products such as its Jupiter family of miniature video encoder products and other mission-focused observation and surveillance solutions.

Liikevaihto1,3milj. USD
−77,9 %v/v
Liikevoitto (EBIT)−5,2milj. USD
−287,4 %v/v
EBIT-marginaali−389,5%
−367,3 %-yks.v/v
Nettotulos−5,4milj. USD
−338,4 %v/v
Vapaa kassavirta−3,4milj. USD
−42,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2019–2025

−7,5−5,0−2,50,02,55,07,5milj. USD2019: 0,89 milj. USD2019: EBIT 0,46 milj. USD20192021: 2,1 milj. USD2021: EBIT 0,57 milj. USD20212022: 2,5 milj. USD2022: EBIT 3,7 milj. USD20222023: 4,0 milj. USD2023: EBIT −2,9 milj. USD20232024: 6,1 milj. USD2024: EBIT −1,3 milj. USD20242025: 1,3 milj. USD2025: EBIT −5,2 milj. USD20251,3−5,2
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Edge video intelligence systems45 %

Compact hardware and software systems that capture, process, and transmit video at the edge.

Miniature video encoders25 %

Small-form-factor encoder products, including the Jupiter family, for bandwidth-constrained platforms.

Defense observation systems20 %

Video and AI solutions used in surveillance, intelligence gathering, and situational awareness programs.

Drone and unmanned payload solutions10 %

Low-SWaP video platforms designed for UAVs, loitering munitions, and other unmanned applications.

Tuotteet

Raportoitu · osuus liikevaihdosta
99,3%FY2025100 %
  • Sales of Products99,3 %
  • POC Contracts and Related Services0,7 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Maris Tech sells mainly to governmental, defense, and intelligence customers that deploy its systems in mission-critical environments. It also serves distributors and integrators that supply drone and unmanned-system end users, especially in Europe. Purchases are driven by the need for compact, low-latency video intelligence that works in constrained bandwidth and harsh operational settings.

Government intelligence agencies

They buy edge video and AI systems for intelligence gathering and field deployment.

Defense and security organizations

They procure observation systems and compact video intelligence platforms for mission-critical use.

Drone system distributors

They source Jupiter family products and resell them to European drone customers.

Unmanned system operators

They use low-SWaP video encoders and payload platforms for UAV and loitering-munitions applications.

Strategia

Maris Tech's strategy centers on expanding repeat business from deployed defense and intelligence systems, where customer reorders validate field performance. The company is also positioning its compact edge AI and video platforms for drone, observation, and other unmanned applications where low size, weight, and power are important. Its product direction suggests a focus on mission-critical niches rather than broad commodity hardware competition.

Convert deployments into repeat ordersLyhyt aikaväli

Repeat procurement suggests operational validation and deepens customer relationships.

Grow defense observation systemsKeskipitkä aikaväli

Observation systems are a stated strategic growth opportunity in defense and security.

Expand in unmanned and drone applicationsKeskipitkä aikaväli

Low-SWaP video platforms fit UAV and other constrained payload use cases.

Maantiede

2025

Maris Tech is headquartered in Rehovot, Israel and markets its products internationally. Recent disclosures show defense and intelligence activity tied to customers operating in Europe and other global markets, with products supplied through distributors as well as direct governmental and defense engagements.

Israel73 %
UK26 %
USA0,9 %
Australia0,6 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Maris Tech is exposed to customer concentration, since a meaningful part of demand appears tied to a small number of defense and governmental programs that can be delayed or re-scoped. The business also faces technology and procurement risk common in defense electronics, where product qualification, mission performance, and export-sensitive end uses can determine adoption. As a Nasdaq-listed foreign issuer, it also carries financing and listing-compliance risk that can affect access to capital and investor confidence.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer concentration1Defense procurement timing2Product performance in the field3Listing and capital-market compliance4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    Recent disclosures describe repeat orders from existing governmental and defense customers, implying reliance on a narrow set of programs.

    Kohdistuu: Governmental and defense customer base

  2. Defense procurement timingVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Orders depend on customer budgets, testing, and deployment schedules rather than recurring consumption demand.

    Kohdistuu: Defense observation and intelligence programs

  3. Product performance in the fieldVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The value proposition depends on reliable low-latency performance in bandwidth-constrained, mission-critical environments.

    Kohdistuu: Edge video and AI systems

  4. Listing and capital-market complianceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company disclosed Nasdaq minimum stockholders' equity monitoring, which can affect continued listing and financing flexibility.

    Kohdistuu: Nasdaq Capital Market listing

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Defense electronics orders may be recognized at shipment, delivery, or acceptance depending on contract terms.

Vaikutus: Can create significant quarter-to-quarter volatility in reported revenue.

Inventory valuation

Specialized components and build-to-order systems can require write-downs if demand shifts or programs change.

Vaikutus: Affects gross margin and working capital.

Receivable collectability

A concentrated customer base can increase the importance of credit-loss estimates and payment timing.

Vaikutus: Can influence operating assets and bad-debt expense.

Equity-based compensation

Reported proxy materials reference grants of equity-based compensation to executives and directors.

Vaikutus: Raises non-cash operating expense and share count considerations.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026