Ondas Holdings Inc (NASDAQ: ONDS) |
|
|
|
Ondas Holdings Inc's Customers Performance
ONDS
|
ONDS's Source of Revenues |
In the Q3, Ondas Holdings Inc's corporate clients experienced a reduction by -2.88 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -1.09 %. During the corresponding time, Ondas Holdings Inc revenue deteriorated by -44.44 % year on year, sequentially revenue grew by 54.6 %. While revenue at the Ondas Holdings Inc's corporate clients recorded rose by 0.2 % year on year, sequentially revenue fell by -1.09 %.
• List of ONDS Customers
|
|
Customers of Ondas Holdings Inc saw their costs of revenue decrease by -2.88 % in Q3 compare to a year ago, sequentially costs of revenue were trimmed by -1.09 %, for the same period Ondas Holdings Inc revnue deteriorated by -44.44 % year on year, sequentially revenue grew by 54.6 %.
• List of ONDS Customers
Select the Relationship:
|
|
Select the Category:
|
|
Customers Net Income grew in Q3 by |
Customers Net margin grew to |
|
28.18 % |
Customers Net Income grew in Q3 by |
Customers Net margin grew to 28.18 % |
Ondas Holdings Inc's Comment on Sales, Marketing and Customers
The majority of Ondas Networks customer activity has been with the Class 1 freight railroad operators and Siemens in North America. There are six Class I railroads in North America, all of which run multiple, frequency-specific networks for different applications. Our FullMAX platform has the flexibility to operate in all these frequency bands and will allow these customers the opportunity to better utilize their radio spectrum and add more high-value, data-intensive applications to their operations. Ondas Networks has completed multiple, ongoing testing and pilot programs with BNSF Railway and CSX Corporation, two North American Class I freight railroad operators in connection with the system validation performed on behalf of the Association of American Railroads? (AAR) Wireless Communications Committee (WCC). Our initial focus with these rail customers has been for train control applications and related safety systems in the 900 MHz frequency band where the FCC has recently awarded our railroad customers new radio spectrum in connection with the Anterix 900 MHz Report and Order.
American Robotics? Scout System? addresses a wide number of applications and use case across industrial, enterprise and government end markets. We believe strong demand for AR?s automated data solutions is reflected in a robust pipeline of potential customers which grew significantly following the FAA approval received in January 2021. American Robotics launched its commercial marketing effort in May 2021, after receiving an initial investment from Ondas Holdings. Marketing activity accelerated in August 2021 after the acquisition by Ondas Holdings which allowed for the further scaling of people and infrastructure to support customers in the field. American Robotics initial marketing activity is focused on the mining, oil & gas, rail and solar industries. In these markets we focus our attention on large, sophisticated and often blue-chip industrial customers with active drone programs and who have the ability and intent to deploy fleets of drones with a scalable solution such as the Scout System?. We refer to these customers as ?Franchise Customers?.
Ondas Holdings Inc's Comment on Sales, Marketing and Customers
The majority of Ondas Networks customer activity has been with the Class 1 freight railroad operators and Siemens in North America. There are six Class I railroads in North America, all of which run multiple, frequency-specific networks for different applications. Our FullMAX platform has the flexibility to operate in all these frequency bands and will allow these customers the opportunity to better utilize their radio spectrum and add more high-value, data-intensive applications to their operations. Ondas Networks has completed multiple, ongoing testing and pilot programs with BNSF Railway and CSX Corporation, two North American Class I freight railroad operators in connection with the system validation performed on behalf of the Association of American Railroads? (AAR) Wireless Communications Committee (WCC). Our initial focus with these rail customers has been for train control applications and related safety systems in the 900 MHz frequency band where the FCC has recently awarded our railroad customers new radio spectrum in connection with the Anterix 900 MHz Report and Order.
American Robotics? Scout System? addresses a wide number of applications and use case across industrial, enterprise and government end markets. We believe strong demand for AR?s automated data solutions is reflected in a robust pipeline of potential customers which grew significantly following the FAA approval received in January 2021. American Robotics launched its commercial marketing effort in May 2021, after receiving an initial investment from Ondas Holdings. Marketing activity accelerated in August 2021 after the acquisition by Ondas Holdings which allowed for the further scaling of people and infrastructure to support customers in the field. American Robotics initial marketing activity is focused on the mining, oil & gas, rail and solar industries. In these markets we focus our attention on large, sophisticated and often blue-chip industrial customers with active drone programs and who have the ability and intent to deploy fleets of drones with a scalable solution such as the Scout System?. We refer to these customers as ?Franchise Customers?.
ONDS's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Ondas Holdings Inc |
146.79 |
5.73 |
-28.02 |
108 |
Broadridge Financial Solutions Inc |
28,396.73 |
6,682.80 |
1,712.30 |
14,600 |
Berkshire Hathaway Inc |
488,571.99 |
369,893.00 |
107,568.00 |
360,000 |
Canadian Pacific Kansas City Ltd |
73,065.64 |
11,067.17 |
2,705.51 |
18,233 |
Medixall Group Inc |
0.00 |
0.31 |
-4.56 |
30 |
Csx Corporation |
64,340.10 |
14,681.00 |
3,636.00 |
23,000 |
Kansas City Southern |
26,956.26 |
2,632.60 |
619.10 |
6,522 |
Norfolk Southern Corporation |
57,867.56 |
12,123.00 |
2,622.00 |
20,300 |
Union Pacific Corp |
150,181.18 |
24,288.00 |
6,637.00 |
32,973 |
SUBTOTAL |
889,379.46 |
441,367.88 |
125,495.35 |
475,658 |
|