Ondas Holdings Inc. (ONDS)

Ondas Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	13.72	15.69	2.13	2.91	2.16	0.32
Revenue Growth (YoY)	218.22%	638.14%	-26.87%	34.34%	575.35%	68.60%
Cost of Revenue	8.76	9.31	1.02	1.81	1.24	0.08
Gross Profit	4.96	6.38	1.11	1.1	0.93	0.24
Selling, General & Admin	25.98	27.47	27.08	13.27	8.87	10.2
Research & Development	13.68	17.15	24.04	5.8	3.59	5.42
Other Operating Expenses	1.5	1.5	19.42	0	0	0
Operating Expenses	41.16	46.11	70.54	19.07	12.45	15.61
Operating Income	-36.2	-39.73	-69.43	-17.97	-11.52	-15.37
Interest Expense / Income	3.18	4.15	3.76	0.58	1.94	2.93
Other Expense / Income	0.89	0.96	0.05	-0.6	0.02	1.09
Pretax Income	-40.27	-44.84	-73.24	-17.95	-13.48	-19.39
Income Tax	0	0	0	-2.92	0	0
Net Income	-40.27	-44.84	-73.24	-15.02	-13.48	-19.39
Preferred Dividends	2.49	1.51	0	0	0	0
Net Income Common	-42.75	-46.36	-73.24	-15.02	-13.48	-19.39
Shares Outstanding (Basic)	63	53	42	34	20	18
Shares Outstanding (Diluted)	63	53	42	34	20	18
Shares Change	32.16%	24.85%	23.59%	67.32%	16.00%	85.20%
EPS (Basic)	-0.76	-0.88	-1.73	-0.44	-0.66	-1.10
EPS (Diluted)	-0.76	-0.88	-1.73	-0.44	-0.66	-1.10
Free Cash Flow	-29.97	-34.18	-40.84	-17.82	-7.54	-14.94
Free Cash Flow Per Share	-0.47	-0.65	-0.97	-0.52	-0.37	-0.85
Gross Margin	36.15%	40.67%	52.18%	37.70%	42.87%	75.30%
Operating Margin	-263.87%	-253.19%	-3266.02%	-618.34%	-532.60%	-4797.99%
Profit Margin	-311.59%	-295.44%	-3445.35%	-516.86%	-622.90%	-6052.17%
Free Cash Flow Margin	-218.41%	-217.84%	-1921.33%	-613.02%	-348.61%	-4663.89%
EBITDA	-31.2	-34.64	-64.63	-15.55	-11.14	-16.4
EBITDA Margin	-227.40%	-220.74%	-3040.08%	-535.12%	-515.00%	-5118.22%
Depreciation & Amortization	5.89	6.05	4.85	1.82	0.4	0.06
EBIT	-37.09	-40.69	-69.48	-17.37	-11.54	-16.46
EBIT Margin	-270.33%	-259.31%	-3268.40%	-597.58%	-533.39%	-5137.84%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).