The following is a summary of the B.O.S. Better Online Solutions Ltd. (BOSC) Q4 2023 Earnings Call Transcript:

Financial Performance:

• B.O.S. reported significant growth year-over-year with revenue growing from $33.6 million in 2021 to $44.2 million in 2023.

• Profitability also improved dramatically as EBITDA surged from below $1 million in 2021 to over $3 million in 2023.

• Shareholders' equity nearly doubled while total assets grew slightly over a two-year span.

Business Progress:

• The Supply Chain Division broadened the range of electronic manufacturers it represents and bolstered its salesforce, actions that are forecasted to propel revenue growth in 2024.

• The Intelligent Robotics division is banking on its transition from the civilian to the defense sector to significantly contribute to the company's growth in 2024.

• B.O.S envisions a 10% increase in net income to $2.2 million in 2024 and intends to extend the RFID Division's operations to the retail store.

More details: BOS Better Online Solutions IR

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