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Ondas Inc.(ONDS US)

$5.16-0.163.01%Ext:$5.07-0.091.72%(After Hours · 23:12:46 UTC)
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
Logo
  • Home
  • AI Agent
  • Annotations
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  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy
  • Get the full experience

    We save the real magic for signed-in users.

HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Ondas Inc.(ONDS US)

$5.16-0.163.01%Ext:$5.07-0.091.72%(After Hours · 23:12:46 UTC)
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
ONDS US​
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ONDS US​
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Ondas Inc. — Company Profile

Ondas Holdings Inc. delivers specialized private wireless, uncrewed aerial vehicle (UAV), and automated data solutions through its operating subsidiaries. The company is structured into two main segments: Ondas Networks and American Robotics. Ondas Networks is responsible for the design, development, manufacturing, sales, and support of FullMAX, an advanced software-defined radio (SDR) platform for wide-area broadband communication. This FullMAX SDR system guarantees highly secure, dependable, and robust industrial-grade connectivity vital for mission-critical applications. American Robotics, the second segment, offers a comprehensive automated drone ecosystem. This includes the AI-driven Scout Drone, equipped with imaging capabilities; the durable ScoutBase, which functions as a housing, charging, data processing, and cloud transfer hub; and ScoutView, their dedicated analytics and user interface software package. Ondas caters to a diverse range of critical sectors, including railway systems, energy, mining, agriculture, and essential infrastructure, serving clients both domestically in the United States and internationally. The corporate headquarters for Ondas Holdings Inc. are located in Waltham, Massachusetts.

Sector
Information Technology
Industry
Communications Equipment
Exchange
UQ
CEO
Eric Ashley Brock
Headquarters
West Palm Beach, FL, US
IPO Date
Dec 4, 2020
Employees
477
Website
www.ondas.com

Key Metrics

Price
$7.24
Market Cap
$4.13B
Revenue (TTM)
$50.12M
Net Income (TTM)
$362.95M
EPS (TTM)
0.58
P/E (TTM)
16.83
P/B (TTM)
3.84
Dividend Yield
0.00%
ROE (TTM)
33.79%
ROA (TTM)
14.83%
Operating Margin
-85.13%
Beta
2.39

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Ondas Holdings Inc. delivers specialized private wireless, uncrewed aerial vehicle (UAV), and automated data solutions through its operating subsidiaries. The company is structured into two main segments: Ondas Networks and American Robotics. Ondas Networks is responsible for the design, development, manufacturing, sales, and support of FullMAX, an advanced software-defined radio (SDR) platform for wide-area broadband communication. This FullMAX SDR system guarantees highly secure, dependable, and robust industrial-grade connectivity vital for mission-critical applications. American Robotics, the second segment, offers a comprehensive automated drone ecosystem. This includes the AI-driven Scout Drone, equipped with imaging capabilities; the durable ScoutBase, which functions as a housing, charging, data processing, and cloud transfer hub; and ScoutView, their dedicated analytics and user interface software package. Ondas caters to a diverse range of critical sectors, including railway systems, energy, mining, agriculture, and essential infrastructure, serving clients both domestically in the United States and internationally. The corporate headquarters for Ondas Holdings Inc. are located in Waltham, Massachusetts.

Website
www.ondas.com
Location
West Palm Beach, FL, US
Phone888 350 9994
Employees477
CEOEric Ashley Brock
Sector
Information Technology
Industry
Communications Equipment
IPO DateDec 4, 2020

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(774)

Expand
  • SC 13GOndas Inc.04:01PM
  • 10-QQ3ended 30 Sept 202612 Nov
  • 8-KResults of Operations and Financial Condition12 Nov
  • SC 13G/AOndas Inc.30 Oct
  • Form 4Seidl Randy20 Oct
  • 8-KFACT SHEET, DATED OCTOBER 12, 202613 Oct
  • Form 4LAIRD NEIL J24 Sep
  • Form 144LAIRD NEIL J24 Sep
  • 8-KPRESS RELEASE, DATED SEPTEMBER 23, 202623 Sep
  • 424B7PROSPECTUS SUPPLEMENT23 Sep
  • 8-KFACT SHEET, DATED SEPTEMBER 14, 202614 Sep
  • 424B7PROSPECTUS SUPPLEMENT14 Sep
  • 8-KUnregistered Sales of Equity Securities28 Aug
  • 424B7PROSPECTUS SUPPLEMENT28 Aug
  • DRule 506(b) provides a "safer harbor" for a private offering21 Aug
  • Form 4COHEN RICHARD M20 Aug
  • Form 144COHEN RICHARD M18 Aug
  • Form 4COHEN RICHARD M14 Aug
  • Form 4Huston Robert Patrick14 Aug
  • Form 4SOOD JASPREET K14 Aug

News

  • ONDS Q3 Earnings Call Highlights Growth Targets and Margin Pressures03:11PM
  • Ondas Drops 5% as Drone Stocks Slide; Unusual Machines Falls 6%, Red Cat Declines 4%11:51AM
  • Can Ondas Convert Its $835M Backlog Into Sustainable Growth?11:25AM
  • Ondas Q3 Earnings Show Wider Loss, Revenues Beat Estimates11:20AM
  • Ondas Q3 Earnings Call Highlights12 Nov
  • Ondas Inc. (ONDS) Q3 2026 Earnings Call Transcript12 Nov
  • Ondas Holdings Inc. (ONDS) Reports Q3 Loss, Beats Revenue Estimates12 Nov
  • Ondas Retreats 5% Despite Record Revenue and Raised Outlook; Red Cat Drops 4%, AeroVironment Holds Steady12 Nov
  • Drone Maker Ondas Updates Its Profitability Forecast as Revenue Surges 1,558%12 Nov
  • Red Cat Climbs 5%, Ondas Gains 4% as Drone Stocks Rebound; AeroVironment Rises 2% on $405 Million Laser Order11 Nov
  • Short Interest Powder Kegs: 10 Stocks Bears Cannot Quit Buying11 Nov
  • Ondas Plans U.S. Manufacturing Push to Scale ULTRA Aircraft Output10 Nov
  • Ondas Retreats 9% Despite Attack Drone Purchase Order Ahead of Earnings; Red Cat Declines 9%, AeroVironment Falls 4%10 Nov
  • Ondas Rallies 13% Ahead of Earnings, AeroVironment Jumps 10% on $315 Million Award; Red Cat Surges 10%9 Nov
  • Buy The Rex Drone ETF To Invest In Drone Dominance8 Nov
  • Ondas Surges 15% as Drone Stocks Rebound Ahead of Its Earnings Report; Red Cat Jumps 14%, AeroVironment Surges 9%6 Nov
  • Ondas to Report Q3 Earnings: Can Orders and Acquisitions Fuel Growth?6 Nov
  • Ondas Just Dropped 38% in a Month: Is ONDS Stock a Falling Knife or Poised for a Comeback?5 Nov
  • Can Ondas Capitalize on FEMA's $500M Counter-Drone Funding Expansion?3 Nov
  • Trump's $350 Billion Defense Gamble Has a $290 Billion Problem2 Nov

Mentions in Filings

  • … On *September 15, 2025,* the Company entered into a Securities Purchase Agreement (the “Private Placement SPA”) with Unusual Machines, Inc., a Nevada corporation (“Unusual Machines”), and <strong>Ondas Holdings Inc.</strong>, a Nevada corporation (“Ondas,” together with Unusual Machines, the "Private Placement Buyers”), pursuant to which the Private Placement Buyers agreed to purchase from the Company an aggregate of 1,600,000 shares of Class A Common Stock (the …
    LIGHTPATH TECHNOLOGIES INCOndas Inc.·10-Q - Quarterly report Q1·Q1 27·10 Nov
  • … apital allocator. He is the founder and has served as CEO of Sunderland Capital since 2015. Mr. Bushey is also the CEO of Newbury Street Acquisition Corporation (Nasdaq: NBST). Mr. Bushey has served on the board of <strong>Ondas Holdings Inc.</strong> (Nasdaq: ONDS), a developer of private licensed wireless data networks for mission-critical industrial markets, since 2020. Prior to founding Sunderland Capital, he was a portfolio manager at Blackrock. Prior to Bla …
    CordovaCann Corp.Ondas Inc.·EX-99.18 - 6-K - MATERIAL CHANGE REPORT·Q1 27·21 Sep
  • … f the Operations Directorate, Chief of Staff of the Ground Forces Command and Commander of an Armored Division. Mr. Har-Even currently serves as chairperson of the board of directors of Sindiana Technologies (S.T.) Ltd. and as a member of the advisory boards of <strong>Ondas Holdings Inc.</strong> and Massivit 3D Printing Technologies Ltd. Mr. Har-Even holds a B.A. in Economics and Political Science and an Executive MBA (cum laude), both from Tel Aviv University.
    Innoviz Technologies Ltd.Ondas Inc.·EX-99.1 - 6-K - EXHIBIT 99.1·Q3 26·31 Aug
  • … value of his/her investment within a single day.** **Investment Objective** The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of <strong>Ondas Holdings Inc.</strong> (Nasdaq: ONDS). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day. 1 **Fees and Expenses of the Fund** This table describes the fees and expenses that …
    Tidal Trust IIOndas Inc.·497K - Form 497K - SUMMARY PROSPECTUS·Q3 26·27 Aug
  • … has experienced significant consolidation. Most of these companies are divisions of larger companies or owned by foreign entities. Our focus is on manufacturing high quality and reliable ammunition and components at competitive prices. Our primary competitors include the Winchester Ammunition division of Olin Corporation, Hornady Manufacturing Company, PMC Ammunition, Federal Premium Ammunition, Skydio, BRINC Drones Inc., and <strong>Ondas Holdings Inc.</strong>
    First Breach, Inc.Ondas Inc.·424B4 - Prospectus filing (Rule 424(b)(4))·Q3 26·20 Aug
  • 4 Today's Presenters • Founder and CEO of Sunderland Capital Partners • Former President and director of <strong>Ondas holdings</strong> (ONDS) • Prior to founding Sunderland Capital, he was a portfolio manager at Blackrock • Prior to Blackrock, Mr. Bushey was a senior analyst for Mayo Capital Partners and Millennium Partners Samuel Reeves Founder and Chief Executive Officer Nathan Bivans Founding Chief Technology Officer • Previously Co-Founder and CEO of Humani …
    Newbury Street II Acquisition CorpOndas Inc.·EX-99.1 - Form 425 - INVESTOR PRESENTATION, DATED AUGUST 2026·Q3 26·18 Aug

Key Stats

Trading

Px/Chg 1D$7.24 / +1.69%
Prev Close$7.63
% of 52Wk H49.48%
Avg Volume75.42M
Beta2.39
Mkt Cap4.13B
FD Mkt Cap4.31B

Float

Shrs Out/Float569.84M / 463.47M
Short Float0.41%
Days to Cover3.05
Stock Repurchased$0.00

Current Valuation

EV3.11B
EV/EBITDA12.01
EV/Sales32.19
P/B3.84
P/S42.71
FCF Yield-1.28%
ROE33.79%
ROA14.83%
Current Ratio10.91

Estimates

P/E16.83
Est P/E0.00
Est EPS-0.05
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-6.94-0.62-1.02-1.61-42.8311.37
Price / Sales51.3921.462.928.51141.7582.31
Price / Book Value3.890.781.383.699.763.84
Price / Free Cash Flow-82.13-1.12-1.34-1.74-328.08-78.39
ENTERPRISE VALUE METRICS
Enterprise Value1,414.449.278.1111.03,723.83,109.9
Enterprise Value / Sales45.8623.164.9815.43123.6762.05
Enterprise Value / EBITDA-7.39-0.76-2.26-3.86-38.498.44
Enterprise Value / EBIT-6.89-0.71-1.92-3.23-37.198.59

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue104.4%2.92.115.77.250.7
Gross Income107.1%1.11.16.40.320.2
EBITDA66.1%-15.6-64.6-34.6-28.7-118.3
EBIT64.2%-17.4-69.5-40.7-34.4-126.3
Net Income72.2%-15.0-73.2-44.8-38.0-132.0
EPS (Diluted)9%-0.44-1.73-0.88-0.61-0.62
BALANCE SHEET
Cash & ST Inv97.1%40.829.815.030.0616.1
Total Assets76.4%117.497.992.2109.61,135.9
Total Liabilities235.7%5.239.747.173.7661.2
Total Shareholder Equity40.5%112.258.233.116.6437.4
CASH FLOW
Net Operating Cash Flow23.1%-16.9-38.0-34.0-33.5-38.7
Cap Ex20.1%-1.0-2.9-0.3-1.7-2.1
Free Cash Flow22.9%-17.9-40.9-34.3-35.2-40.9

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)5.15
Basic Shares569.84
Market Cap2,934.7
Diluted Shares503.59
Fully Diluted Shares Outstanding503.59
Fully Diluted Market Cap2,593.5
+Consolidated Debt6.4
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-657.9
−Short-term Investments-726.6
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest5.6
+Pension Liabilities—
Enterprise Value2,288.8

Segment data

Revenue

by Products and services

  • Developmentrevenuemember83%
  • Productrevenuemember14%
  • Servicerevenuemember3%
  • Otherrevenuemember0%

Revenue

by Geography

  • Israel61%
  • Other Countries Member15%
  • Germany13%
  • United Arab Emirates8%
  • United States3%

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Ondas Inc. — Company Profile

Ondas Holdings Inc. delivers specialized private wireless, uncrewed aerial vehicle (UAV), and automated data solutions through its operating subsidiaries. The company is structured into two main segments: Ondas Networks and American Robotics. Ondas Networks is responsible for the design, development, manufacturing, sales, and support of FullMAX, an advanced software-defined radio (SDR) platform for wide-area broadband communication. This FullMAX SDR system guarantees highly secure, dependable, and robust industrial-grade connectivity vital for mission-critical applications. American Robotics, the second segment, offers a comprehensive automated drone ecosystem. This includes the AI-driven Scout Drone, equipped with imaging capabilities; the durable ScoutBase, which functions as a housing, charging, data processing, and cloud transfer hub; and ScoutView, their dedicated analytics and user interface software package. Ondas caters to a diverse range of critical sectors, including railway systems, energy, mining, agriculture, and essential infrastructure, serving clients both domestically in the United States and internationally. The corporate headquarters for Ondas Holdings Inc. are located in Waltham, Massachusetts.

Sector
Information Technology
Industry
Communications Equipment
Exchange
UQ
CEO
Eric Ashley Brock
Headquarters
West Palm Beach, FL, US
IPO Date
Dec 4, 2020
Employees
477
Website
www.ondas.com

Key Metrics

Price
$7.24
Market Cap
$4.13B
Revenue (TTM)
$50.12M
Net Income (TTM)
$362.95M
EPS (TTM)
0.58
P/E (TTM)
16.83
P/B (TTM)
3.84
Dividend Yield
0.00%
ROE (TTM)
33.79%
ROA (TTM)
14.83%
Operating Margin
-85.13%
Beta
2.39

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Ondas Holdings Inc. delivers specialized private wireless, uncrewed aerial vehicle (UAV), and automated data solutions through its operating subsidiaries. The company is structured into two main segments: Ondas Networks and American Robotics. Ondas Networks is responsible for the design, development, manufacturing, sales, and support of FullMAX, an advanced software-defined radio (SDR) platform for wide-area broadband communication. This FullMAX SDR system guarantees highly secure, dependable, and robust industrial-grade connectivity vital for mission-critical applications. American Robotics, the second segment, offers a comprehensive automated drone ecosystem. This includes the AI-driven Scout Drone, equipped with imaging capabilities; the durable ScoutBase, which functions as a housing, charging, data processing, and cloud transfer hub; and ScoutView, their dedicated analytics and user interface software package. Ondas caters to a diverse range of critical sectors, including railway systems, energy, mining, agriculture, and essential infrastructure, serving clients both domestically in the United States and internationally. The corporate headquarters for Ondas Holdings Inc. are located in Waltham, Massachusetts.

Website
www.ondas.com
Location
West Palm Beach, FL, US
Phone888 350 9994
Employees477
CEOEric Ashley Brock
Sector
Information Technology
Industry
Communications Equipment
IPO DateDec 4, 2020

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(774)

Expand
  • SC 13GOndas Inc.04:01PM
  • 10-QQ3ended 30 Sept 202612 Nov
  • 8-KResults of Operations and Financial Condition12 Nov
  • SC 13G/AOndas Inc.30 Oct
  • Form 4Seidl Randy20 Oct
  • 8-KFACT SHEET, DATED OCTOBER 12, 202613 Oct
  • Form 4LAIRD NEIL J24 Sep
  • Form 144LAIRD NEIL J24 Sep
  • 8-KPRESS RELEASE, DATED SEPTEMBER 23, 202623 Sep
  • 424B7PROSPECTUS SUPPLEMENT23 Sep
  • 8-KFACT SHEET, DATED SEPTEMBER 14, 202614 Sep
  • 424B7PROSPECTUS SUPPLEMENT14 Sep
  • 8-KUnregistered Sales of Equity Securities28 Aug
  • 424B7PROSPECTUS SUPPLEMENT28 Aug
  • DRule 506(b) provides a "safer harbor" for a private offering21 Aug
  • Form 4COHEN RICHARD M20 Aug
  • Form 144COHEN RICHARD M18 Aug
  • Form 4COHEN RICHARD M14 Aug
  • Form 4Huston Robert Patrick14 Aug
  • Form 4SOOD JASPREET K14 Aug

News

  • ONDS Q3 Earnings Call Highlights Growth Targets and Margin Pressures03:11PM
  • Ondas Drops 5% as Drone Stocks Slide; Unusual Machines Falls 6%, Red Cat Declines 4%11:51AM
  • Can Ondas Convert Its $835M Backlog Into Sustainable Growth?11:25AM
  • Ondas Q3 Earnings Show Wider Loss, Revenues Beat Estimates11:20AM
  • Ondas Q3 Earnings Call Highlights12 Nov
  • Ondas Inc. (ONDS) Q3 2026 Earnings Call Transcript12 Nov
  • Ondas Holdings Inc. (ONDS) Reports Q3 Loss, Beats Revenue Estimates12 Nov
  • Ondas Retreats 5% Despite Record Revenue and Raised Outlook; Red Cat Drops 4%, AeroVironment Holds Steady12 Nov
  • Drone Maker Ondas Updates Its Profitability Forecast as Revenue Surges 1,558%12 Nov
  • Red Cat Climbs 5%, Ondas Gains 4% as Drone Stocks Rebound; AeroVironment Rises 2% on $405 Million Laser Order11 Nov
  • Short Interest Powder Kegs: 10 Stocks Bears Cannot Quit Buying11 Nov
  • Ondas Plans U.S. Manufacturing Push to Scale ULTRA Aircraft Output10 Nov
  • Ondas Retreats 9% Despite Attack Drone Purchase Order Ahead of Earnings; Red Cat Declines 9%, AeroVironment Falls 4%10 Nov
  • Ondas Rallies 13% Ahead of Earnings, AeroVironment Jumps 10% on $315 Million Award; Red Cat Surges 10%9 Nov
  • Buy The Rex Drone ETF To Invest In Drone Dominance8 Nov
  • Ondas Surges 15% as Drone Stocks Rebound Ahead of Its Earnings Report; Red Cat Jumps 14%, AeroVironment Surges 9%6 Nov
  • Ondas to Report Q3 Earnings: Can Orders and Acquisitions Fuel Growth?6 Nov
  • Ondas Just Dropped 38% in a Month: Is ONDS Stock a Falling Knife or Poised for a Comeback?5 Nov
  • Can Ondas Capitalize on FEMA's $500M Counter-Drone Funding Expansion?3 Nov
  • Trump's $350 Billion Defense Gamble Has a $290 Billion Problem2 Nov

Mentions in Filings

  • … On *September 15, 2025,* the Company entered into a Securities Purchase Agreement (the “Private Placement SPA”) with Unusual Machines, Inc., a Nevada corporation (“Unusual Machines”), and <strong>Ondas Holdings Inc.</strong>, a Nevada corporation (“Ondas,” together with Unusual Machines, the "Private Placement Buyers”), pursuant to which the Private Placement Buyers agreed to purchase from the Company an aggregate of 1,600,000 shares of Class A Common Stock (the …
    LIGHTPATH TECHNOLOGIES INCOndas Inc.·10-Q - Quarterly report Q1·Q1 27·10 Nov
  • … apital allocator. He is the founder and has served as CEO of Sunderland Capital since 2015. Mr. Bushey is also the CEO of Newbury Street Acquisition Corporation (Nasdaq: NBST). Mr. Bushey has served on the board of <strong>Ondas Holdings Inc.</strong> (Nasdaq: ONDS), a developer of private licensed wireless data networks for mission-critical industrial markets, since 2020. Prior to founding Sunderland Capital, he was a portfolio manager at Blackrock. Prior to Bla …
    CordovaCann Corp.Ondas Inc.·EX-99.18 - 6-K - MATERIAL CHANGE REPORT·Q1 27·21 Sep
  • … f the Operations Directorate, Chief of Staff of the Ground Forces Command and Commander of an Armored Division. Mr. Har-Even currently serves as chairperson of the board of directors of Sindiana Technologies (S.T.) Ltd. and as a member of the advisory boards of <strong>Ondas Holdings Inc.</strong> and Massivit 3D Printing Technologies Ltd. Mr. Har-Even holds a B.A. in Economics and Political Science and an Executive MBA (cum laude), both from Tel Aviv University.
    Innoviz Technologies Ltd.Ondas Inc.·EX-99.1 - 6-K - EXHIBIT 99.1·Q3 26·31 Aug
  • … value of his/her investment within a single day.** **Investment Objective** The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of <strong>Ondas Holdings Inc.</strong> (Nasdaq: ONDS). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day. 1 **Fees and Expenses of the Fund** This table describes the fees and expenses that …
    Tidal Trust IIOndas Inc.·497K - Form 497K - SUMMARY PROSPECTUS·Q3 26·27 Aug
  • … has experienced significant consolidation. Most of these companies are divisions of larger companies or owned by foreign entities. Our focus is on manufacturing high quality and reliable ammunition and components at competitive prices. Our primary competitors include the Winchester Ammunition division of Olin Corporation, Hornady Manufacturing Company, PMC Ammunition, Federal Premium Ammunition, Skydio, BRINC Drones Inc., and <strong>Ondas Holdings Inc.</strong>
    First Breach, Inc.Ondas Inc.·424B4 - Prospectus filing (Rule 424(b)(4))·Q3 26·20 Aug
  • 4 Today's Presenters • Founder and CEO of Sunderland Capital Partners • Former President and director of <strong>Ondas holdings</strong> (ONDS) • Prior to founding Sunderland Capital, he was a portfolio manager at Blackrock • Prior to Blackrock, Mr. Bushey was a senior analyst for Mayo Capital Partners and Millennium Partners Samuel Reeves Founder and Chief Executive Officer Nathan Bivans Founding Chief Technology Officer • Previously Co-Founder and CEO of Humani …
    Newbury Street II Acquisition CorpOndas Inc.·EX-99.1 - Form 425 - INVESTOR PRESENTATION, DATED AUGUST 2026·Q3 26·18 Aug

Key Stats

Trading

Px/Chg 1D$7.24 / +1.69%
Prev Close$7.63
% of 52Wk H49.48%
Avg Volume75.42M
Beta2.39
Mkt Cap4.13B
FD Mkt Cap4.31B

Float

Shrs Out/Float569.84M / 463.47M
Short Float0.41%
Days to Cover3.05
Stock Repurchased$0.00

Current Valuation

EV3.11B
EV/EBITDA12.01
EV/Sales32.19
P/B3.84
P/S42.71
FCF Yield-1.28%
ROE33.79%
ROA14.83%
Current Ratio10.91

Estimates

P/E16.83
Est P/E0.00
Est EPS-0.05
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-6.94-0.62-1.02-1.61-42.8311.37
Price / Sales51.3921.462.928.51141.7582.31
Price / Book Value3.890.781.383.699.763.84
Price / Free Cash Flow-82.13-1.12-1.34-1.74-328.08-78.39
ENTERPRISE VALUE METRICS
Enterprise Value1,414.449.278.1111.03,723.83,109.9
Enterprise Value / Sales45.8623.164.9815.43123.6762.05
Enterprise Value / EBITDA-7.39-0.76-2.26-3.86-38.498.44
Enterprise Value / EBIT-6.89-0.71-1.92-3.23-37.198.59

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue104.4%2.92.115.77.250.7
Gross Income107.1%1.11.16.40.320.2
EBITDA66.1%-15.6-64.6-34.6-28.7-118.3
EBIT64.2%-17.4-69.5-40.7-34.4-126.3
Net Income72.2%-15.0-73.2-44.8-38.0-132.0
EPS (Diluted)9%-0.44-1.73-0.88-0.61-0.62
BALANCE SHEET
Cash & ST Inv97.1%40.829.815.030.0616.1
Total Assets76.4%117.497.992.2109.61,135.9
Total Liabilities235.7%5.239.747.173.7661.2
Total Shareholder Equity40.5%112.258.233.116.6437.4
CASH FLOW
Net Operating Cash Flow23.1%-16.9-38.0-34.0-33.5-38.7
Cap Ex20.1%-1.0-2.9-0.3-1.7-2.1
Free Cash Flow22.9%-17.9-40.9-34.3-35.2-40.9

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)5.15
Basic Shares569.84
Market Cap2,934.7
Diluted Shares503.59
Fully Diluted Shares Outstanding503.59
Fully Diluted Market Cap2,593.5
+Consolidated Debt6.4
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-657.9
−Short-term Investments-726.6
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest5.6
+Pension Liabilities—
Enterprise Value2,288.8

Segment data

Revenue

by Products and services

  • Developmentrevenuemember83%
  • Productrevenuemember14%
  • Servicerevenuemember3%
  • Otherrevenuemember0%

Revenue

by Geography

  • Israel61%
  • Other Countries Member15%
  • Germany13%
  • United Arab Emirates8%
  • United States3%

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