Electro Optics Systems Holdings Ltd (EOS) Reports FY25 Results, Stonegate Capital Partners Updates Coverage

Electro Optics Systems Holdings Ltd (EOS) reported FY25 revenue of $126.3M, gross margin of 63%, and EBITDA of $(24.4M). The revenue decline was driven by the EM Solutions divestment and order timing. EOS ended the year with $106.9M of cash and strong order momentum with 18 contracts signed worth ~$420M and an unconditional order book of ~$459M.