ASNS Revenue Grows 28.6% but Losses Widen 40%

Actelis Networks (ASNS) reported its fiscal 2025 Q4 earnings on March 18, 2026, with revenue rising 28.6% year-over-year to $1.37 million. The results fell short of profitability expectations, as the company’s net loss expanded to $2.52 million (or $0.31 per share), a 40.1% increase in losses compared to 2024 Q4. The earnings update highlighted sustained financial challenges, with no signs of profitability emerging despite sequential revenue improvement.

Revenue

The total revenue of Actelis Networks increased by 28.6% to $1.37 million in 2025 Q4, up from $1.06 million in 2024 Q4.

Earnings/Net Income

Actelis Networks's losses deepened to $0.31 per share in 2025 Q4 from a loss of $0.24 per share in 2024 Q4 (32.5% wider loss). Meanwhile, the company's net loss widened to $-2.52 million in 2025 Q4, representing a 40.1% increase from the $-1.80 million loss recorded in 2024 Q4. The Company has sustained losses for 5 years over the corresponding fiscal quarter, highlighting ongoing financial headwinds. The EPS and net loss deterioration underscore persistent operational inefficiencies and unprofitable growth.

Price Action

The stock price of Actelis Networks has plummeted 16.55% during the latest trading day, has plummeted 51.14% during the most recent full trading week, and has surged 17.05% month-to-date.

Post-Earnings Price Action Review

The strategy of buying Actelis Networks (ASNS) shares after a revenue drop quarter-over-quarter on the financial report release date and holding for 30 days resulted in a significant loss. The strategy had a return of -99.24%, with a benchmark return of 65.60% and an excess return of -164.84%. The strategy's CAGR was -72.14%, indicating substantial depreciation over the 3-year period. The strategy also had a high maximum drawdown of 99.66% and a Sharpe ratio of -0.37, reflecting its high risk and substantial volatility, with a volatility of 196.84%.

CEO Commentary

Actelis Networks’ CEO emphasized operational momentum despite the year’s challenges, noting strong fourth-quarter performance driven by improved revenue conversion from prior projects and continued wins in federal, transportation, and telecom markets. The CEO acknowledged prolonged U.S. government shutdowns as a headwind but expressed confidence in strategic partnerships and the MetaShield cybersecurity solution, which is expected to generate revenue in the second half of 2025. Leadership reiterated a focus on cost-reduction actions and expanding market footprint in key sectors.

Guidance

The company anticipates a strong 2025 pipeline, with revenue growth supported by MetaShield adoption and expanded federal contracts. While no specific financial targets were provided, the CEO highlighted the UK NRTS highway project as a potential $20M+ revenue generator and reiterated exploration of selective debt facilities to fund growth initiatives.

Additional News

Actelis Networks launched its MetaShield cybersecurity solution in late 2024, targeting federal, IoT, and multi-dwelling unit markets. The company also announced a $1.5 million share repurchase authorization expansion and raised $7.3 million via its ATM facility in Q4 2025. Additionally, the UK NRTS highway project was cited as a key growth catalyst, with potential revenue exceeding $20 million.