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6-K 1 ea0267105-6k_bosbet.htm REPORT OF FOREIGN PRIVATE ISSUER

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6 - K

 

Report of Foreign Private Issuer

 

Pursuant to Rule 13a - 16 or 15d -16

Under the Securities Exchange Act of 1934

 

For the Month of November 2025

 

Commission file number 001-14184

 

B.O.S. Better Online Solutions Ltd.

(Translation of Registrant’s Name into English)

 

20 Freiman Street, Rishon LeZion, 7535825, Israel 

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒     Form 40-F ☐

 

 

 

 


 

 

B.O.S. Better Online Solutions Ltd.

 

The GAAP financial statements, included in the Press Release that is attached to this Form 6-K, are hereby incorporated by reference into all effective Registration Statements filed by us under the Securities Act of 1933, as amended, to the extent not superseded by documents or reports subsequently filed or furnished.

 

The following exhibit is attached:

 

99.1   Press Release: BOS Continues Record Year Performance in Q3 2025, Sales Increase 16% Year-Over-Year.

 

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Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  B.O.S. Better Online Solutions Ltd.
  (Registrant)
     
  By: /s/ Moshe Zeltzer
    Moshe Zeltzer
    Chief Financial Officer

 

Dated: November 25, 2025

 

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EXHIBIT INDEX

 

EXHIBIT NO.   DESCRIPTION
     
99.1   Press Release: BOS Continues Record Year Performance in Q3 2025, Sales Increase 16% Year-Over-Year.

 

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EX-99.1 2 ea026710501ex99-1_bosbet.htm PRESS RELEASE: BOS CONTINUES RECORD YEAR PERFORMANCE IN Q3 2025, SALES INCREASE 16% YEAR-OVER-YEAR

Exhibit 99.1

 

BOS Continues Record Year Performance in Q3 2025, Sales Increase 16% Year-Over-Year

 

Raises Full-Year 2025 Revenue and Net Income Guidance

 

RISHON LE ZION, Israel, November 25, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. (BOSC) today reported financial results for the third quarter and nine months ended September 30, 2025, demonstrating continued record-breaking performance in both revenue and profitability.

 

Third Quarter 2025 Financial Highlights

 

Revenue increased 15.9% to $11.4 million, compared to $9.8 million in Q3 2024.

 

Net income increased 17.9% to $677,000, or $0.11 per basic share, compared to $574,000, or $0.10 per basic share, in Q3 2024.

 

EBITDA increased 29.5% to $920,000 compared to $710,000 in Q3 2024.

 

Contracted backlog remained strong at $24 million as of September 30, 2025, compared to $24 million on June 30, 2025, and $22 million on March 31, 2025.

 

Cash and cash equivalents reached a record level of $7.3 million as of September 30, 2025.

 

Nine Months 2025 Financial Highlights

 

Revenue increased 28.4% to $37.9 million, compared to $29.6 million in the first nine months of 2024.

 

Net income increased 53.8% to $2.8 million, or $0.46 per basic share, compared to $1.8 million, or $0.32 per basic share, in the first nine months of 2024.

 

EBITDA increased 45.6% to $3.7 million compared to $2.5 million in the first nine months of 2024.

 

Eyal Cohen, Chief Executive Officer of BOS, stated: “We are pleased to report another quarter of robust growth, continuing our record-setting pace in both revenue and profitability. Our year-to-date performance demonstrates the strength of our Supply Chain division’s defense sector focus and our successful global diversification strategy. We continue to capitalize on expanding opportunities in this dynamic sector through deeper engagement with existing customers and strategic wins with new ones.

 

“While our RFID division experienced a nominal operating loss in Q3 due to logistics center slowdowns in Israel, we are confident that improving geopolitical conditions in the Middle East, combined with operational enhancements we have implemented, will drive a return to growth. Meanwhile, our Intelligent Robotics division continues to deliver steady profitability improvements year-over-year, demonstrating our team’s ability to drive operational excellence across all business units.

 

“Our year-to-date results speak for themselves: record revenue of $37.9 million and record net income of $2.8 million, or $0.46 per basic share. We are also generating strong cash flows from our efficient operating platform, bringing cash and cash equivalents to $7.3 million—providing a solid foundation to support our continued strategic growth initiatives.”

 

 


 

Cohen concluded: “Given our strong execution and $24 million backlog, we are raising our full-year 2025 financial guidance. We now expect our results to be at the high end of our previous guidance range of $45-$48 million in revenue and $2.6-$3.1 million in net income.”

 

Investor Conference Call

 

BOS will host a video conference call on November 25, 2025 at 8:30 a.m. EDT. A question-and-answer session will follow management’s presentation. To access the video conference, please click on the following link:

 

https://us06web.zoom.us/j/84586132530?pwd=MR8FSUWdKBSvsBtc0KTHYDZRZQiIcb.1

 

For those unable to participate in the live call, a recording will be available the following day on the BOS website: www.boscom.com.

 

About BOS

 

BOS integrates cutting-edge technologies to streamline and enhance supply chain operations for global customers in the aerospace, defense, industrial, and retail sectors. The Company operates three specialized divisions:

 

Intelligent Robotics Division: Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.

 

RFID Division: Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.

 

Supply Chain Division: Integrates franchised components directly into customer products, delivering innovative solutions that meet evolving customer needs.

 

For more information on BOS Better Online Solutions Ltd., visit www.boscom.com.

 

Contacts


Matt Kreps, Managing Director
Darrow Associates
+1-214-597-8200

 

mkreps@darrowir.com


Eyal Cohen, CEO
+972-542525925

 

eyalc@boscom.com

 

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Use of Non-GAAP Financial Information

 

BOS reports financial results in accordance with U.S. GAAP and also provides certain non-GAAP measures. These non-GAAP measures are not in accordance with, nor are they a substitute for, GAAP measures. These non-GAAP measures are intended to supplement the Company’s presentation of its financial results prepared in accordance with GAAP. The Company uses these non-GAAP measures to evaluate and manage its operations internally and is providing this information to assist investors in performing additional financial analysis consistent with financial models developed by research analysts who follow the Company. The reconciliation set forth below is provided in accordance with Regulation G and reconciles the non-GAAP financial measures with the most directly comparable GAAP financial measures.

 

Safe Harbor Regarding Forward-Looking Statements

 

The forward-looking statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, among others, the dependency of sales being generated from one or a few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up with or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the effect of ongoing regional conflicts, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS’ periodic reports and registration statements filed with the U.S. Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

 

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CONSOLIDATED STATEMENTS OF OPERATIONS

U.S. dollars in thousands (except share and per share numbers)

 

    Nine months ended
 September 30,
    Three months ended
September 30,
 
    2025     2024     2025     2024  
    (Unaudited)     (Unaudited)  
             
Revenues   $ 37,945     $ 29,561     $ 11,392     $ 9,827  
Cost of revenues     28,892       22,648       8,558       7,672  
Gross profit     9,053       6,913       2,834       2,155  
                                 
Operating costs and expenses:                                
Research and development     130       125       44       41  
Sales and marketing     3,906       3,276       1,366       1,063  
General and administrative     1,721       1,457       640       500  
Impairment of Goodwill     700       -       -       -  
Total operating costs and expenses     6,457       4,858       2,050       1,604  
                                 
Operating income     2,596       2,055       784       551  
Financial income (expenses), net     382       (238 )     (42 )     24  
Income before taxes on income     2,978       1,817       742       575  
Taxes on income     186       2       65       1  
Net income   $ 2,792     $ 1,815     $ 677     $ 574  
                                 
Basic net income per share   $ 0.46     $ 0.32     $ 0.11     $ 0.10  
Diluted net income per share   $ 0.43     $ 0.31     $ 0.10     $ 0.10  
Weighted average number of shares used in computing basic net income per share     6,005       5,750       6,163       5,753  
Weighted average number of shares used in computing diluted net income per share     6,448       5,854       6,663       5,884  
                                 
Number of outstanding shares as of September 30, 2025  and  2024     6,186       5,761       6,186       5,761  

  

4


 

CONSOLIDATED BALANCE SHEETS

(U.S. dollars in thousands)

 

    September 30,
2025
    December 31,
2024
 
    (Unaudited)     (Audited)  
ASSETS            
             
CURRENT ASSETS:            
Cash and cash equivalents   $ 7,316     $ 3,368  
Restricted bank deposits     67       185  
Trade receivables     14,061       11,787  
Other accounts receivable and prepaid expenses     1,074       1,150  
Inventories     6,619       7,870  
                 
Total current assets     29,137       24,360  
                 
LONG-TERM ASSETS     139       177  
                 
PROPERTY AND EQUIPMENT, NET     3,466       3,417  
                 
OPERATING LEASE RIGHT-OF-USE ASSETS, NET     774       779  
                 
DEFERRED TAX ASSETS     1,000       1,000  
                 
OTHER INTANGIBLE ASSETS, NET     376       422  
                 
GOODWILL     3,488       4,188  
                 
Total assets   $ 38,380     $ 34,343  

 

5


 

CONSOLIDATED BALANCE SHEETS

(U.S. dollars in thousands)

 

    September 30,
2025
    December 31,
2024
 
    (Unaudited)     (Audited)  
             
LIABILITIES AND SHAREHOLDERS’ EQUITY            
             
CURRENT LIABILITIES:            
Current maturities of long term loans   $ 137     $ 439  
Operating lease liabilities, current     210       176  
Trade payables     5,247       6,362  
Employees and payroll accruals     1,083       1,087  
Deferred revenues     3,209       2,003  
Accrued expenses and other liabilities     685       598  
                 
Total current liabilities     10,571       10,665  
                 
LONG-TERM LIABILITIES:                
Long-term loans, net of current maturities     989       980  
Operating lease liabilities, non-current     624       576  
Long term deferred revenues     270       293  
Accrued severance pay     700       498  
                 
Total long-term liabilities     2,583       2,347  
                 
                 
TOTAL SHAREHOLDERS’ EQUITY     25,226       21,331  
                 
Total liabilities and shareholders’ equity   $ 38,380     $ 34,343  

 

6


 

CONDENSED CONSOLIDATED EBITDA

 

(U.S. dollars in thousands)

 

    Nine months ended
September 30,
    Three months ended
September 30,
 
    2025     2024     2025     2024  
                         
Operating income   $ 2,596     $ 2,055     $ 784     $ 551  
Add:                                
Impairment of Goodwill     700       -       -       -  
Amortization of intangible assets     45       143       16       47  
Stock-based compensation     31       63       11       21  
Depreciation     313       269       109       91  
EBITDA   $ 3,685     $ 2,530     $ 920     $ 710  

 

7


 

SEGMENT INFORMATION

(U.S. dollars in thousands)

 

    RFID    

Supply

Chain Solutions

    Intelligent Robotics     Intercompany     Consolidated  
   

Nine months ended September 30, 2025

 
                               
Revenues   $ 9,208     $ 27,850     $ 1,179     $ (292 )   $ 37,945  
                                         
Gross profit     1,808       6,883       362       -       9,053  
                                         
Allocated operating expenses     1,638       3,203       211       -       5,052  
                                         
Impairment and amortization of intangible assets     700       46       -               746  
                                         
Unallocated operating expenses*     -       -       -               659  
                                         
Income (loss) from operations   $ (530 )   $ 3,634     $ 151       -       2,596  
                                         
Financial income and tax on income                                     196  
                                         
Net income                                   $ 2,792  

 

    RFID    

Supply

Chain Solutions

    Intelligent Robotics     Intercompany     Consolidated  
   

Nine months ended September 30, 2024

 
                               
Revenues   $ 9,432     $ 19,023     $ 1,239     $ (133 )   $ 29,561  
                                         
Gross profit     2,382       4,244       287       -       6,913  
                                         
Allocated operating expenses     1,669       2,455       189       -       4,313  
                                         
Unallocated operating expenses*     -       -       -               545  
                                         
Income from operations   $ 713     $ 1,789     $ 98       -       2,055  
                                         
Financial expenses and tax on income                                     (240 )
                                         
Net income                                   $ 1,815  

  

* Unallocated operating expenses include costs not specific to a particular segment but are general to the group, such as expenses incurred for insurance of directors and officers, public company fees, legal fees, and other similar corporate costs.

 

8


 

SEGMENT INFORMATION

(U.S. dollars in thousands)

 

    RFID    

Supply

Chain Solutions

    Intelligent Robotics     Intercompany     Consolidated  
   

Three months ended September 30, 2025

 
                               
Revenues   $ 3,040     $ 8,116     $ 311     $ (75 )   $ 11,392  
                                         
Gross profit     546       2,131       157       -       2,834  
                                         
Allocated operating expenses     578       1,127       70       -       1,775  
                                         
Amortization of intangible assets     -       16       -               16  
                                         
Unallocated operating expenses*                             -       259  
                                         
Income (loss) from operations   $ (32 )   $ 988     $ 87       -       784  
                                         
Financial expenses and tax on income                                     (107 )
                                         
Net income                                   $ 677  

 

    RFID    

Supply

Chain Solutions

    Intelligent Robotics     Intercompany     Consolidated  
   

Three months ended September 30, 2024

 
                               
Revenues   $ 2,770     $ 6,336     $ 838     $ (117 )   $ 9,827  
                                         
Gross profit     762       1,256       137       -       2,155  
                                         
Allocated operating expenses     566       771       67       -       1,404  
                                         
Unallocated operating expenses*                             -       200  
                                         
Income from operations   $ 196     $ 485     $ 70       -       551  
                                         
Financial income and tax on income                                     23  
                                         
Net income                                   $ 574  

 

* Unallocated operating expenses include costs not specific to a particular segment but are general to the group, such as expenses incurred for insurance of directors and officers, public company fees, legal fees, and other similar corporate costs.

 

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