B.O.S. Better Online Solutions

Thank you for joining our call. We are excited to meet you again at our quarterly video meeting. Today, we have a comprehensive agenda. We will start today by reviewing our financial results, business trends, and growth strategies. Let's begin with the looking forward statement.

Ladies and gentlemen, thank you for standing by. Welcome to the BOS conference call. All participants are at present in listen-only mode. As a reminder, this conference call is being recorded and will be available on the BOS website as of tomorrow. before i turn the call over to mr cohen i would like to remind everyone that forward-looking statements for the respective company's business financial condition and results of its operations are subject to risks and uncertainties which could cause actual results to differ materially from those contemplated Such forward-looking statements include, but are not limited to, product demand, pricing, market acceptance, changing economic conditions, risks and product and technology development, and the effect of the company's accounting policies, as well as certain other risk factors which are detailed from time to time in the company's filings with the various securities authorities. I would now like to turn the call over to Mr. Eyal Cohen, CEO. Mr. Cohen, please go ahead.

Thank you. The first water reflects the recorded income of $740,000. We have achieved this goal gradually and consistently as a team, reflecting our collective effort and dedication. Our 12-month revenue amounted to $43 million, every day $3 million, net income of $2.1 million and EPS in the trailing 12 months of 36 cents. This results put us on track toward achieving our financial targets for 2024, which are revenues of $46 million and net income of $2.2 million. have a relatively strong balance sheet with 34 million dollar assets 20 million dollar shareholders equity which count to 60 percent of the assets a surplus of cash at the floors of 1.7 million our business performance combined with our healthy balance sheet provide us with the right ecosystem for thinking exploring The following slide presents post-salary valuation ratios based on the trading travel months. The market cap ratio to net income is 7.7. The market cap ratio to projected net income for year 24 is 7.3. is only 82%. Despite our positive trends, our market cap remains roughly unchanged. It was $15 million on December 21 when we earned only half a million dollars a year and remain $50 million today when we earn more than $2 million to also 365%. I hope both will have finalist coverage this year to explore both value of utility to more investors. This is great. The supply chain division has expanded the list of electronic manufacturers and increased its sales force. Hence, we expect revenue growth from those programs in 2024 and beyond. In addition, we are facing increased demand from the Israeli defense segment and may anticipate The Intelligent Robotic Division is successfully transitioning from the Israeli civilian sector to the Israeli defense sector and can promote its continuing growth in 2024. This division revenues in the first quarter of the year do not reflect its potential revenues for year 2024 because a significant portion of the orders you receive are in the production. in this way. We have significantly expanded our offering for new students and expect this will yield revenue flows in the year 2026. I want to turn the call to Mr. Zink and Mr. Chairman. Please. Thank you, Eyal. Good morning and afternoon, everybody. In reference to Eyal's review and within the broader framework, Boston's first ordering record had income are the primary effect of the comprehensive competencies build-up process that Eyal has been leading for the past years. When in effect, the meaning of it is rejuvenation of most of us core business, while bringing it to a consistent course of sound organic sales and profit growth as we see. Specifically, freshwater was characterized by the continued implementation and expand organic source of income, as well as strengthening the organizational structure and the basic process in the activity. Looking ahead to the rest of the year and next year, combining our strong competencies with favorable market dynamics in the Israeli defense and high-tech segments, we're optimistic about the future. which should lead to a further growth. In addition, we plan to expand the RFAA division footprint to the production floor and warehouse to the retail stores. I trust both Steve led by Ari to achieve these challenging goals. Our team's dedication, expertise, and hard work have been instrumental in our success so far, and I am confident that they will continue to drive I will grow and achieve our goals. Thank you for your attention. I will now hand over back presentation to Eyal. Thank you. Thank you, Ziv. At this time, we begin the Q&A session. If you have questions, please unmute or present yourself while the other participants remain mute. Thank you.