Projected Income Statement: Ondas Inc.

Forecast Balance Sheet: Ondas Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -40.5 3.61 19.6 17.9 -560 -992 -552 -404
Change - 108.91% 442.94% -8.67% -3,228.49% -77.14% 44.35% 26.81%
Announcement Date 22/03/22 14/03/23 01/04/24 12/03/25 23/03/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Ondas Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 0.9237 3.781 0.211 1.697 2.072 29.64 44.31 44.75
Change - 309.31% -94.42% 704.04% 22.11% 1,330.55% 49.48% 1%
Free Cash Flow (FCF) 1 -17.82 -41.74 -34.23 -35.11 -38.81 -285.6 -51.64 51.4
Change - -134.26% 18% -2.56% -10.56% -635.9% 81.92% 199.54%
Announcement Date 22/03/22 14/03/23 01/04/24 12/03/25 23/03/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Ondas Inc.

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - -454.37% -1,887.88% -189.14% -396.53% -61.71% -22.6% -2.49% 10.69%
EBIT Margin (%) - -618.34% -2,352.5% -253.19% -481.17% -115.09% -67.25% -24.1% -7.27%
EBT Margin (%) - -617.38% -3,445.34% -285.79% -528.42% -261.95% 14.1% -21.43% -3.19%
Net margin (%) - -516.86% -3,445.34% -285.79% -589.76% -270.39% 28.98% -21.41% -3.22%
FCF margin (%) - -613.02% -1,963.66% -218.15% -488.08% -76.51% -53.26% -5.1% 3.72%
FCF / Net Income (%) - 118.61% 56.99% 76.33% 82.76% 28.3% -183.78% 23.8% -115.65%

Profitability

         
ROA -43.95% -15.39% -29.02% -25.14% -21.44% -5.44% - - -
ROE -1,015.91% -23.6% -85.94% -98.17% -152.89% -52.56% - - -

Financial Health

         
Leverage (Debt/EBITDA) - - -0.09x -0.66x -0.63x - - - -
Debt / Free cash flow - - -0.09x -0.57x -0.51x - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - 31.78% 177.86% 1.34% 23.59% 4.08% 5.53% 4.37% 3.24%
CAPEX / EBITDA (%) - -6.99% -9.42% -0.71% -5.95% -6.62% -24.46% -175.47% 30.3%
CAPEX / FCF (%) - -5.18% -9.06% -0.62% -4.83% -5.34% -10.38% -85.8% 87.06%

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - - - - - - - - -
Change - - - - - - - - -
Book Value Per Share 1 - - - 0.6283 - - - - -
Change - - - - - - - - -
EPS 1 - -0.44 -1.73 -0.88 -0.61 -0.62 0.2675 -0.3512 -0.08
Change - - -293.18% 49.13% 30.68% -1.64% 143.15% -231.31% 77.22%
Nbr of stocks (in thousands) - 40,789 42,885 58,311 91,283 374,359 570,552 570,552 570,552
Announcement Date - 22/03/22 14/03/23 01/04/24 12/03/25 23/03/26 - - -
1USD
Estimates
2026 *2027 *
P/E 26.3x -20x
PBR - -
EV / Sales 5.64x 3.42x
Yield - -

EPS & Dividend



Y-o-Y evolution of P/E

 
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
7.040USD
Average target price
19.42USD
Spread / Average Target
+175.80%

Quarterly revenue - Rate of surprise