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Senstar Technologies Corporation Reports First Quarter 2025 Financial Results

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OTTAWA, ON, May 27, 2025 /PRNewswire/ — Senstar Technologies Corporation (NASDAQ: SNT), a leading international provider of comprehensive physical, video and access control security products and solutions, today announced its financial results for the three months ended March 31, 2025. Management will hold an investors’ conference call later today (at 5 p.m. Eastern Time) to discuss the results.

 

 

First Quarter 2025 Business Summary:

(First quarter 2025 results for the three months ended March 31, 2025, compared to the comparable three-month period of 2024, except as mentioned.)

Revenue of $8.4 million with gross margin of 67.2% versus revenue of $7.5 million with gross margin of 59.6%.Net income of $1.0 million versus a net loss of ($0.7) million; EBITDA of $1.2 million versus EBITDA of $114,000.Cash and short-term bank deposits balance of $22 million and no debt as of March 31, 2025, compared with $20.6 million as of December 31, 2024.

Mr. Fabien Haubert, Chief Executive Officer of Senstar Technologies, stated, “Senstar delivered a notable start to 2025, with double-digit revenue growth, a 752 basis point improvement in gross margin and over a 1,277 basis point expansion in EBITDA margin to 14.3% for the first quarter, reflecting the scalability of our model and disciplined execution. We achieved strong results across our core verticals, namely Corrections, Energy and Logistics, and experienced growing global demand for our MultiSensor solution. With our Business Development team now fully in place and focused on high-growth verticals, we are well positioned to expand our market presence and drive sustainable momentum moving forward.” 

First Quarter 2025 Financial Results Summary

Revenue for the first quarter of 2025 was $8.4 million, an increase of 12.5% compared with $7.5 million in the first quarter of 2024.  First quarter gross profit was $5.7 million, or 67.2% of revenue, compared with $4.5 million, or 59.6% of revenue, in the year ago quarter. The increase in gross margin was primarily due to a well-balanced product mix, component and design cost optimization and efficient cost control.

Operating expenses were $4.6 million, an increase of 2% compared to the prior year’s first quarter operating expenses of $4.5 million. The increase in operating expenses is primarily attributable to targeting marketing and selling spend in core growth verticals, positively offset by R&D investment optimization.

Operating income for the first quarter of 2025 was $1.0 million compared to an operating loss of $73,000 in the year-ago period. The improvement is primarily attributable to increased revenue and gross margin expansion.

Financial income was $269,000 compared to $54,000 in the first quarter last year.

Net income in the first quarter of 2025 was $1.0 million, or $0.04 per share compared to a loss of ($0.7) million, or ($0.03) per share, in the first quarter of last year.

EBITDA for the first quarter of 2025 was $1.2 million versus $114,000 in the first quarter of 2024.

Cash and cash equivalents and short-term bank deposits of $22 million, or $0.94 per share as of March 31, 2025, compared with $20.6 million, or $0.88 per share, at December 31, 2024.  

Earnings Conference Call Information:

The Company will host a conference call later today, May 27, 2025. The call will begin promptly at 5:00 p.m. Eastern Time. The Company requests that participants dial in 10 minutes before the conference call commences and use the conference ID number 13753875.

Participant Dial-in Numbers:
Toll Free: 1-877-407-9716
Toll/International: 1-201-493-6779

The conference call will also be available via a live webcast at:
https://viavid.webcasts.com/starthere.jsp?ei=1720224&tp_key=5654aa67a6

Replay Dial-in Numbers:
Toll Free: 1-844-512-2921
Toll/International: 1-412-317-6671
Replay Pin Number: 13753875

About Senstar Technologies Corporation

With innovative perimeter intrusion detection systems (including fence sensors, buried sensors, and above ground sensors), intelligent video-management, video analytics, and access control, Senstar offers a comprehensive suite of proven, integrated solutions that reduce complexity, improve performance, and unify support. For 40 years, Senstar has been safeguarding people, places, and property for organizations around the world, with a special focus on utilities, logistics, correction facilities and energy markets.

Cautionary Statement Regarding Forward-Looking Statements

This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario), which we refer to collectively as forward-looking statements. These forward-looking statements are not limited to historical facts, but reflect Senstar’s current beliefs, expectations or intentions regarding future events. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “seek,” “estimate,” “predict,” “potential,” “pursue,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause actual activities or results to differ materially from the activities and results anticipated in forward-looking statements. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including the effect of tariffs imposed by governments in countries in which we operate and those risks discussed under the heading “Risk Factors” in Senstar’s most recent Annual Report on Form 20-F filed with the SEC and in other filings with the SEC. These forward-looking statements are made only as of the date hereof, and, except as required by applicable law or regulation, Senstar undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Logo: https://mma.prnewswire.com/media/1713105/3503459/Senstar_Technologies_Logo.jpg

For more information:
Senstar Technologies Corporation
Alicia Kelly
Chief Financial Officer
alicia.kelly@senstar.com                                                    

IR Contact:
Hayden IR
Kim Rogers
Managing Director
kim@haydenir.com 
+1-541-904-5075

— Tables follow –

 

 

 

SENSTAR TECHNOLOGIES CORPORATION
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(All numbers except EPS expressed in thousands of US$)

Three Months

Ended March 31,

2025

2024

%
change

Revenue

8,448

7,511

12

Cost of revenue

2,775

3,032

(8)

Gross profit

5,673

4,479

27

Operating expenses:

   Research and development, net

900

982

(8)

   Selling and marketing

2,265

2,095

8

   General and administrative

1,461

1,475

(1)

Total operating expenses

4,626

4,552

2

Operating income (loss)

1,047

(73)

Financial income (expenses), net

269

54

Income (loss) before income taxes

1,316

(19)

Taxes on income (tax benefits)

297

727

Net income (loss)

1,019

(746)

Basic and diluted net income (loss) per share

$0.04

($0.03)

Weighted average number of shares used in computing
basic net income (loss) per share

23,326,653

23,309,987

Weighted average number of shares used in computing
diluted net income (loss) per share

23,332,362

23,309,987

 

 

 

SENSTAR TECHNOLOGIES CORPORATION
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS METRICS
(All numbers except EPS expressed in thousands of US$)

Three Months

Ended March 31,

2025

%

2024

%

Gross margin

67.2

59.6

Research and development, net as a % of revenues

10.7

13.1

Selling and marketing as a % of revenues

26.8

27.9

General and administrative as a % of revenues

17.3

19.6

Operating margin

12.4

Net margin 

12.1

 

 

 

SENSTAR TECHNOLOGIES CORPORATION
RECONCILIATION OF EBITDA TO NET INCOME (LOSS)
(All numbers expressed in thousands of US$)

Three Months

Ended March 31,

2025

2024

GAAP income (loss)

1,019

(746)

   Less:

   Financial income (expenses), net

269

54

   Taxes on income (tax benefits)

297

727

   Depreciation and amortization

(160)

(187)

EBITDA

1,207

114

 

 

 

SENSTAR TECHNOLOGIES CORPORATION
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(All numbers expressed in thousands of US$)

March 31,

December 31,

2025

2024

CURRENT ASSETS:

Cash and cash equivalents

$21,879

$20,466

Short-term bank deposits

116

111

Restricted cash and deposits

5

5

Trade receivables, net

8,565

10,306

Unbilled accounts receivable

252

228

Other accounts receivable and prepaid expenses

2,298

2,161

Inventories

5,231

4,957

Total current assets

38,346

38,234

 

Long term ASSETS:

Deferred tax assets

1,310

1,158

Operating lease right-of-use assets

463

528

Total long-term assets

1,773

1,686

PROPERTY AND EQUIPMENT, NET

1,454

1,328

INTANGIBLE ASSETS, NET

385

468

GOODWILL

10,399

10,360

Total assets

$52,357

$52,076

 

 

 

SENSTAR TECHNOLOGIES CORPORATION
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(All numbers expressed in thousands of US$)

March 31,

December 31,

2025

2024

CURRENT LIABILITIES:

Trade payables

$2,047

$2,689

Deferred revenues and customer advances

2,712

3,044

Other accounts payable and accrued expenses

6,169

6,433

Short-term operating lease liabilities

237

254

Total current liabilities

11,165

12,420

LONG-TERM LIABILITIES:

Deferred revenues

1,373

1,171

Deferred tax liabilities

450

443

Long-term operating lease liabilities

248

296

Other long-term liabilities

62

70

Total long-term liabilities

2,133

1,980

SHAREHOLDERS’ EQUITY

 

Share Capital: Common shares – 39,748,000 shares authorized –

No par value, 23,326,653 shares issued and outstanding at March 31, 2025
and at December 31, 2024

Additional paid-in capital

37,527

37,377

Accumulated other comprehensive income (loss)

(796)

(980)

Foreign currency translation adjustments (stand-alone financial statements)

8,472

8,442

Accumulated deficit

(6,144)

(7,163)

TOTAL SHAREHOLDERS’ EQUITY

39,059

37,676

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

$52,357

$52,076

 

 

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SOURCE Senstar Technologies Corporation

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BHN encourages Aussies to send the spirit of soccer this FIFA World Cup 2026™ season

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SYDNEY, June 15, 2026 /PRNewswire/ — As the world gears up for the kick-off of this year’s premier football tournament, global leader in branded payments, Blackhawk Network (BHN), is partnering with Visa, the official Worldwide Partner of the FIFA World Cup 2026™, to launch a limited-edition digital FIFA World Cup 2026™ Activ Visa™ Gift Card. Available from May 12 to July 19, the gift card can be purchased on Giftz.com.au and other participating digital distributors.

With a load range from $5-$1,000 and acceptance anywhere Visa is accepted, it’s a convenient and meaningful gift for football enthusiasts looking to be part of the action, on and off the pitch. Fans can choose between two bold designs and use the card to fully immerse themselves in FIFA World Cup 2026™.

For fans, the FIFA World Cup 2026™ Activ Visa™ Gift Card offers a flexible and exciting way to celebrate the tournament, bringing the spirit of the event into everyday moments. Whether it is gearing up with team jerseys, upgrading match-day viewing with snacks and entertainment, or securing memorabilia to remember iconic moments, the card empowers consumers to personalise their experience.

For businesses, the FIFA World Cup 2026™ Activ Visa™ Gift Card unlocks a high-impact opportunity to connect with customers, employees, and partners during one of the world’s most-watched events. Leveraging the tournament’s global appeal, businesses can tap into increased engagement and emotional resonance, incorporating FIFA World Cup 2026™-themed incentives into reward programs, promotional campaigns, and sales activations.

Blackhawk Network Head of ANZ Kieran said, “We are thrilled to collaborate with Visa to bring fans closer to the energy and excitement of the FIFA World Cup 2026™. These limited-edition gift cards are more than just a payment solution; they’re a way to encourage Australians to celebrate and engage with the passion of the tournament, whether rewarding someone, surprising a fan, or simply joining in the global buzz. It’s a timely, flexible and memorable way to give something that truly connects with the moment.”

Visa Head of Marketing for ANZ Meble Tin said, “As proud partners of FIFA World Cup 2026™, we are dedicated to enhancing the fans’ experience both in and out of the stadium. We see these FIFA Gift Cards as memorabilia, capturing a moment in time, reminding us of the joyful memories from this year’s FIFA World Cup.”

View original content:https://www.prnewswire.com/apac/news-releases/bhn-encourages-aussies-to-send-the-spirit-of-soccer-this-fifa-world-cup-2026-season-302799811.html

SOURCE Blackhawk Network (BHN)

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Tradr to Ring Opening Bell at Cboe to Celebrate SpaceX ETF Launches

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Tradr ETFs will ring Cboe’s Opening Bell on June 15 to celebrate the launch of SPCM and SPCG, ETFs providing 200% leveraged long and short exposure to the newly public SpaceX stock.

Firm to commemorate the launch of SPCM and SPCG from the center of the world’s largest options trading floor

NEW YORK, June 14, 2026 /PRNewswire/ — Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, today announced that its team will ring the Opening Bell at Cboe Global Markets at 8:30 am on Monday, June 15, 2026. The ceremony, to be broadcast live on CNBC, will commemorate the expected start of trading for the Tradr 2X Long SpaceX Daily ETF (Cboe: SPCM) and the Tradr 2X Short SpaceX Daily ETF (Cboe: SPCG).

We’re excited to bring both bullish and bearish leveraged exposure to one of the market’s most closely watched stocks

SPCM and SPCG seek to provide traders with 200% leveraged bullish and bearish exposure to SpaceX (Nasdaq: SPCX), one of the most anticipated public offerings in market history.

“Few companies have captured the imagination of investors quite like SpaceX, and we’re proud to mark the launch of SPCM and SPCG by ringing the Opening Bell at Cboe,” said Russell Tencer, President of Tradr ETFs. “Cboe has been an outstanding partner to Tradr since our inception, and there is no better place to celebrate products built for traders by traders. We’re excited to bring both bullish and bearish leveraged exposure to one of the market’s most closely watched stocks and to do so from the center of the options trading world.”

Monday’s expected launch expands Tradr’s growing lineup of leveraged ETFs focused on the rapidly evolving space economy. The firm also offers the Tradr 2X Long ASTS Daily ETF (Cboe: ASTX) and the Tradr 2X Long FLY Daily ETF (Cboe: FLYT), providing 200% leveraged long exposure to two other closely watched companies helping shape the future of space-based communications and aerospace innovation.

Tradr’s lineup of 65 leveraged ETFs represents over $7 billion in assets under management. Some of its notable tickers on trending stocks include SNXX and SNDQ, which provide long and short exposure to SanDisk (SNDK). Tradr’s strategies can be accessed through most brokerage platforms and allow investors to avoid the hassle of using margin and the complexity of options trading. The firm continues its mission of providing sophisticated investors with innovative trading tools that enhance their ability to express market views with precision and efficiency.

For detailed information on Tradr ETFs and the significant risks involved with leveraged ETFs, please visit www.tradretfs.com.

About Tradr ETFs
Tradr ETFs are designed for sophisticated investors and professional traders who are looking to express high conviction investment views. The strategies include leveraged and inverse ETFs that seek short or long exposure to actively traded stocks and ETFs.

IMPORTANT RISK INFORMATION
Tradr ETFs are for sophisticated investors and professional traders with high conviction views and are very different from most other ETFs. The Funds are intended to be used as short-term trading vehicles and pursue leveraged investment objectives, which means they are riskier than alternatives that do not use leverage because the Funds magnify the performance of their underlying security. The volatility of the underlying security may affect a Fund’s return as much as, or more than, the return of the underlying security.

Investors in the fund should: (a) understand the risks associated with the use of leverage; (b) understand the consequences of seeking inverse and leveraged investment results; (c) for short ETFs, understand the risk of shorting; (d) intend to actively monitor and manage their investment. Fund performance will likely be significantly different than the benchmark over periods longer than the specified reset period and the performance may trend in the opposite direction than its benchmark over periods other than that period.

Leverage increases the risk of a total loss of an investor’s investment, may increase the volatility of the Funds, and may magnify any differences between the performance of the Funds and their reference security. The Funds seek leveraged investment results for a specific period (daily, monthly or quarterly). The exact exposure of an investment in the Fund intra-period will depend upon the movement of the reference security from the end of the prior period until the time of investment by the investor.

The Fund will not attempt to position its portfolio to ensure it does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, investors in a Fund that seeks two times daily performance would lose all of their money if the Fund’s underlying security moves more than 50% in a direction adverse to the Fund on a given trading day.

ETFs involve risk including possible loss of the full principal value. There is no assurance that the Fund will achieve its investment objective. Principal risks and other important risks may be found in the prospectus. Past performance does not guarantee future results.

ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Fund is contained in the Prospectus, which can be obtained by visiting www.tradretfs.com. The Prospectus should be read carefully before investing.

Distributed by ALPS Distributors, Inc, which is not affiliated with AXS Investments or its Tradr ETFs. AXI000965

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SOURCE Tradr ETFs

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Changan Group Unveils Its In-house Developed ADAS — SDA Pilot

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CHONGQING, China, June 14, 2026 /PRNewswire/ — At the 28th Chongqing International Auto Exhibition, Changan Group showcased its full brand lineup including CHANGAN NEVO, CHANGAN DEEPAL and AVATR at Hall N8, and officially launched its self-developed Advanced Driver-Assistance System, SDA Pilot.

At the press conference, Zhu Huarong, Chairman of Changan Group, stated: “Changan will work together with partners and users worldwide to make ADAS better, more practical, and more accessible, protecting every journey with smart technology.” It is announced that the CHANGAN NEVO Q06 will come standard with SDA Pilot across all trim levels and hit its domestic market in the second half of 2026.

SDA Pilot Takes the Spotlight: Three-tier Safety Defenses Upgrade the ADAS Experience

As Changan’s latest technological achievement in smart mobility, SDA Pilot breaks the boundaries of traditional physical safety and establishes three comprehensive safety defense systems covering physical well-being, mental comfort and emotional interaction.

The entry-level SDA Pilot Pro comes standard with LiDAR, capable of identifying obstacles in low-light conditions such as at night or in tunnels two seconds faster than the human eye. Supported by the globally leading SDA Central Ring Network Architecture, the system cuts response time by an additional 150 milliseconds. SDA Pilot Max, leverages over 20 million high-quality real-world driving data segments for training, delivering exceptional perception and predictive capabilities to confidently navigate complex, high-frequency commuting scenarios. The top-tier SDA Pilot Ultra is integrated with the VLM (Vision Language Model), which greatly enhances the vehicle’s environmental perception and enables interactive advanced driver-assistance functions, turning the vehicle into an intuitive travel companion. In the future, an active driver incapacitation protection function will also be introduced to safeguard driving safety at the first moment.

While continuously evolving its ADAS user experience, Changan remains committed to its safety bottom line, clearly reminding: “Driver assistance is not autonomous driving. Drivers are still required to take on the core responsibilities of real-time monitoring and taking over control at any time.”

Advancing the “1445” Global Strategy: 17 Years of Intelligent R&D Build Solid Safety Foundations

Changan Group lives by the tenet of “Intelligence defines Changan.” As a core component of the “1445” Global Strategy that underpins four transformation priorities (The four priorities refer to: intelligent mobility, electrification, a unified ecosystem, and globalization), intelligent mobility stands as the primary driving force for Changan’s upgrading. The company is committed to building a world-class auto group with global competitiveness and independent core technologies, aiming to rank among the world’s top 10 automobile brands by 2030. The launch of SDA Pilot marks a landmark achievement of this strategy in the advanced driving-assistance sector.

Behind this technological breakthrough lies a solid intelligent foundation built by Changan over 17 years. Since establishing its intelligent R&D team in 2009, Changan has forged ahead in uncharted technological territories and built the China’s only national key laboratory dedicated to intelligent vehicle safety technology — CHANGAN SDA LAB. The lab supports round-the-clock global collaborative testing with more than 400,000 virtual simulation scenarios.

Over the past five years, more than 2,000 Changan engineers have completed over 5 million kilometers of real-road tests across Chongqing’s notoriously complex road conditions, covering 185 typical driving scenarios. Rich field experience has been embedded into the system, which keeps evolving based on user feedback and forms the unshakable safety strength of SDA Pilot.

Empowered by intelligent technologies, Changan continues to accelerate its global footprint. To date, the group has established 22 overseas manufacturing bases with an annual capacity of 350,000 vehicles, and 1,124 overseas sales outlets, covering 118 countries and regions, with 41 global models launched. In 2025, Changan’s overseas sales reached 637,000 vehicles, a year-on-year increase of 18.9%.

Since the start of 2026, Changan has made successive moves in its globalization strategy: launching the Vast Ocean Plan 2.0 during the AutoChina 2026 in Beijing, establishing four core principles: long-term development, localization, systematization, and responsible ESG practices; and more recently, partnering with the Portuguese Football Federation (FPF) to become the Official Global Partner of the Portugal National Football Team, using sports as a bond to deepen global user connections and brand engagement.

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SOURCE Changan Group

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