Ondas Holdings Inc. Reports Increased Net Loss of $24.9 Million for First Half of 2025, EPS Declines to $(0.21)

Reuters
Aug 12, 2025
<a href="https://laohu8.com/S/ONDS">Ondas Holdings Inc.</a> Reports Increased Net Loss of $24.9 Million for First Half of 2025, EPS Declines to $(0.21)

Ondas Holdings Inc. reported its financial results for the second quarter, revealing a net loss of $10.8 million, an increase from the $8.3 million loss recorded in the same period of 2024. This rise in net loss was partly due to a $0.9 million increase in interest expense, influenced by the accelerated amortization of debt issuance costs following the faster conversion of debt. The company reported an operating loss of $9.2 million, compared to $8.3 million in the second quarter of 2024, primarily attributed to investments in headcount to bolster capacity in anticipation of future revenue growth over the next twelve months. Adjusted EBITDA showed improvement, with losses decreasing to $5.8 million from $6.7 million in the second quarter of 2024. Ondas Holdings ended the quarter with $68.6 million in cash and restricted cash. The company remains focused on managing resource costs to support anticipated business growth in the coming quarters.

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