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Actelis Networks reports 372% sequential revenue growth, 81% YoY increase, and positive EBITDA in Q2 2024.
Actelis Networks Inc reports strong Q2 2024 financials, with a 372% sequential revenue growth, 81% YoY increase, and a positive EBITDA.
Revenue reached $3.43M, driven by large contracts and a 57% gross margin.
Operating expenses were reduced by 20%, and the company raised nearly $5M in June 2024, improving its financial health.
Actelis will present at the Virtual Investor Summit Microcap Event on August 20th.
9 months ago
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