BOS 2026年第二季度财报电话会议纪要

发布时间：2026-08-20 一、AI总结内容 一、核心要点 1. 2026年第二季度营收同比增长29%，全年营收有望超2025年；在手订单3100万美元，2000万美元预计年底前交付，全年净利润有望超2025年的360万美元，现有现金1000万美元、股东权益3090万美元，财务状况稳健。 2. 各业务进展：RFID部门业绩改善，2026年将扭亏为盈；供应链部门订单存在波动；在印度市场拓展顺利，获得新客户；正推进AI在内部运营及商用软件的应用，优化运营效率。 3. 应对美元贬值：上半年运营开支额外增加约60万美元，预计全年增加120万美元，将通过提价、提升运营效率（含AI工具辅助）弥补该影响。 二、业务与运营细节 1. RFID业务：2025年曾重组，2026年业绩好于去年，因以色列商业市场反弹；正拓展至军工、医院领域，2026年该部门有望盈利。 2. 供应链业务：涉及大额订单（单季可达150-200万美元），易影响当季毛利率，订单波动受军工客户采购节奏影响，当前在手订单充足。3. 印度业务：团队进展良好，接触新客户，将支撑2026年印度区域增长。三、并购计划 1. 并购规则：单笔投资上限2000万美元，需与核心业务协同；目标公司近3-5年连续盈利、正盈利且前景向好，EBITDA估值倍数为5-6倍。 2. 资金安排：用现有现金加银行贷款融资，最高可承担2000万美元并购金额，当前有数个标的在评估中，正与数家公司谈判中。 四、风险与关注点 1. 风险：以色列地缘政治影响商业市场，供应链业务大额订单波动；美元贬值增加运营成本。2. 关注点：RFID在新领域的拓展效果、供应链订单稳定性、并购项目落地情况。 二、音频原文（转写） I don't know the name Bossy, they know the tickets. I certainly agree with you, and if I won't get any other recommendation from our shareholders that can send me emails and other suggestions,I think we will go for it on it. Thank you. Great idea. Thank you. Any further impressions? Hi, this is Igor Novgorodov and nice talking toyou again, especially after a strong quarter. Iwant to touch upon gross margins. So the gross margins, I don't have a screen in front of me right now, but they seem to be kind of being a litt le bit flat while your revenue is growing. Is gross margins affected by RFID versus supply chainmix? Maybe you can guys give us, I know you don't disclose them exactly, but maybe you can walk us. little bit through that or other affected by effects. Do you think your gross margins can improvewhile your revenue is growing? 嗯。I think the gross margin -- we are working that the gross margin will improve Because what I just mentioned before. because we have to compensate on the effect of the devaluation of the U.S.dollar. So we are working. expensively with ourclients. to intrigue the satisfied. As we said,is that since the beginning of the year. we onthe salesperson on the sales team. increasing prices in order to compensate it. So And I am following months -- I am following -- we are following months by month. So our expectation 啊。 是。our gross profit margin go ahead. with entriesbut In certain cases, when we have there couldbe a huge transaction. especially in the supplychain for a certain kind of product that the gross profit margin could be lower. it's a price of-- it's a matter of negotiation with the client. So And I hope it won't. in point decrease It won't lower the average of how -- it won't lowerthe average of the gross profit margin that we're expecting. So in general, We are expecting. Higher gross profit margin. does it apply to justsupply chain or it also equally applies to air of I D. there is so I mentioned the supply chainbecause in the supply chain there are huge transaction. there could be a transaction like of a 2million dollar or 1.5 million dollar. that canaffect significantly on a specific quarter. In the other 5 days, the transaction are much lower.It could be like quarter million dollar, hundre d thousand dollar, half million dollar maximum.so Because of that, I mentioned just the. the effect of certain contraction of the supply. 啊。 啊 for a very deep division apart from all the issues that Israel has been. うん。very spacious of foreign last few years, You had specific companies. I remember that last year you were restructuring your RFID division. Is this restructuring over or we expect some significant further improvements or how much did it change from the last year? Yes, it was important. It's not a company underthe RFA, it's a unit under the RFA. RIGHT We have done we have been doing the great water. and great progress. And it -- absolutely, the performance now are much better than we had in the prior levels in the comparables period last year Andbut still we have work to do. But this unit will be profitable in year 26 as opposed to year 25. The third immunity in the RFID, the RFID in general is the profitability, the profitable division. The sales and specific unit that a coldnessin such a ええ。 and that causes some losses decrease our rough income and not income net income in the RFAD division. I think now the situation is much, much More better. Is RFID more or less a function of ifIsrael in a state of war or that Israel would have acquired because of the share FID has done much better in Q2 than in Q1. Or there are othersignificant factors. I think in the year, I think it is. is 100% affected by the Israeli commercial market. We -- as I mentioned before, we arein the process to to penetrate with the other phases to the to the defensive end. and we hired the comp is a consulting company is special for that mission And we also walk into penetrative hospitals and which is a A growing segment in Isra el and very stable like all. in all other placesin the world. We are searching acquisition in that field. It's very tough. We are not finding.We don't even have the opportunity on the table.rather option is to. As a team. to. visit fromthe autum