Revenue growth and margin expansion are positive, but the company remains unprofitable and trades on OTCQB. The authorized reverse stock split and ELOC amendment signal intent to relist on Nasdaq, which could be a catalyst if executed. Monitor for reverse split timing and any Nasdaq application progress.
Price Chart
Executive Summary
Actelis Networks reported Q2 2026 revenue of $1.1M (+20% YoY) and a GAAP EPS of -$0.05, beating the -$0.16 consensus estimate. Gross margin expanded to 51% from 32% a year ago, and operating loss narrowed to $1.6M from $1.8M. The company is pursuing a Nasdaq relisting and has authorized a reverse stock split, but the stock trades on OTCQB and faces ongoing net losses and foreign-exchange headwinds.
Key Financial Metrics
Key Facts
- Q2 2026 revenue $1.1M, +20% YoY from $0.9M
- GAAP EPS -$0.05 vs consensus -$0.16 (beat)
- Gross margin 51% vs 32% in Q2 2025 and 25% in Q1 2026
- Operating loss narrowed to $1.6M from $1.8M YoY
- Cash and equivalents $5.8M vs $4.4M at Dec 2025
- Net loss $1.4M vs $1.9M YoY
- Authorized reverse stock split 1:10-1:25 for Nasdaq relisting
- Amended ELOC to $30M capacity post-quarter end
- $0.85M software renewal from a North American carrier
- Cost-reduction initiatives expected to save ~$1M annually
Financial Impact
Revenue growth of 20% YoY to $1.1M; gross margin improvement of 19pp to 51%; operating loss reduction of $0.2M to $1.6M
Risk Factors
- Continued net losses and negative operating cash flow
- Foreign-exchange headwinds impacting results
- OTCQB trading limits liquidity and institutional interest
- Reverse stock split may not guarantee Nasdaq compliance
- Dilution risk from $30M ELOC facility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3344972 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 8-K | $0.0892 | awaiting T+60 | — | $0.0428 (−52.02%) |
Sep 30, 2026 27d ago | Press Release | $0.0892 | awaiting T+60 | — | $0.0428 (−52.02%) |
Aug 26, 2026 8w ago | Press Release | $0.0430 | awaiting T+60 | — | $0.0428 (−0.47%) |
Aug 13, 2026 10w ago | Press Release | $0.0892 | awaiting T+60 | — | $0.0428 (−52.02%) |
Jul 13, 2026 15w ago | 8-K | $0.0840 $0.0500 | ▲ +40.48% | ▲ +44.11% | $0.0428 (+49.05%) |
Jul 10, 2026 15w ago | Press Release | $0.0820 $0.0499 | ▼ −39.15% | ▼ −42.03% | $0.0428 (−47.80%) |
Jul 8, 2026 15w ago | EFFECT | $0.0800 $0.0500 | ▼ −37.50% | ▼ −40.07% | $0.0428 (−46.50%) |
Jul 6, 2026 16w ago | EFFECT | $0.0800 $0.0430 | ▼ −46.25% | ▼ −48.41% | $0.0428 (−46.50%) |
May 14, 2026 23w ago | 8-K | $0.0890 $0.0460 | ▼ −48.31% | ▼ −52.83% | $0.0428 (−51.91%) |
May 14, 2026 23w ago | Press Release | $0.0890 $0.0460 | ▲ +48.31% | ▲ +52.83% | $0.0428 (+51.91%) |
US Market Status
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