Allot Announces Second Quarter 2025 Financial Results
Allot (NASDAQ: ALLT) reported strong Q2 2025 financial results, highlighted by exceptional growth in Security-as-a-Service (SECaaS). The company achieved revenues of $24.1 million, up 9% year-over-year, with SECaaS representing 27% of overall revenue. Notable metrics include SECaaS ARR of $25.2 million, up 73% year-over-year, and a non-GAAP operating profit of $1.2 million versus a loss in Q2 2024.
The company secured a landmark deal with a tier-1 EMEA telecom operator valued in the tens of millions of dollars. Based on strong performance, Allot raised its 2025 guidance to $98-102 million in revenue and increased SECaaS ARR growth expectations to 55-60%. The company also completed a $46 million public offering, using proceeds to repay $31.4 million in convertible debt.
Allot (NASDAQ: ALLT) ha pubblicato solidi risultati finanziari per il secondo trimestre 2025, evidenziando una crescita eccezionale del Security-as-a-Service (SECaaS). La societ脿 ha realizzato ricavi per 24,1 milioni di dollari, in aumento del 9% su base annua, con il SECaaS a rappresentare il 27% dei ricavi complessivi. Tra i dati salienti figurano SECaaS ARR pari a 25,2 milioni di dollari, in crescita del 73% anno su anno, e un utile operativo non-GAAP di 1,2 milioni di dollari rispetto a una perdita nel Q2 2024.
L'azienda ha siglato un accordo storico con un operatore telecom EMEA di primo livello del valore di decine di milioni di dollari. Grazie alle buone performance, Allot ha alzato le stime per il 2025 a 98-102 milioni di dollari di ricavi e ha incrementato le previsioni di crescita dell'ARR SECaaS al 55-60%. La societ脿 ha inoltre completato una offerta pubblica da 46 milioni di dollari, impiegando i proventi per rimborsare 31,4 milioni di dollari di debito convertibile.
Allot (NASDAQ: ALLT) present贸 s贸lidos resultados financieros del segundo trimestre de 2025, destacando un crecimiento excepcional de Security-as-a-Service (SECaaS). La compa帽铆a alcanz贸 ingresos de 24,1 millones de d贸lares, un 9% m谩s interanual, con SECaaS representando el 27% de los ingresos totales. Entre las cifras clave se incluyen SECaaS ARR de 25,2 millones de d贸lares, un aumento del 73% interanual, y un beneficio operativo non-GAAP de 1,2 millones de d贸lares frente a una p茅rdida en el Q2 de 2024.
La empresa cerr贸 un acuerdo relevante con un operador de telecomunicaciones EMEA de primer nivel valorado en decenas de millones de d贸lares. Tras el s贸lido desempe帽o, Allot elev贸 su gu铆a para 2025 a 98-102 millones de d贸lares en ingresos y aument贸 las expectativas de crecimiento del ARR de SECaaS al 55-60%. La compa帽铆a tambi茅n complet贸 una oferta p煤blica de 46 millones de d贸lares, utilizando los fondos para reembolsar 31,4 millones de d贸lares en deuda convertible.
Allot (NASDAQ: ALLT)鞚� 2025雲� 2攵勱赴 瓴“頃� 鞁れ爜鞚� 氚滍憸頄堨溂氅�, Security-as-a-Service(SECaaS)鞚� 鞓堨櫢鞝侅澑 靹膘灔靹戈皜 霊愲摐霟鞀惦媹雼�. 須岇偓電� 毵れ稖 2,410毵� 雼煬毳� 旮半頃橂┌ 鞝勲厔 霃欔赴 雽�牍� 9% 歃濌皜頄堦碃, SECaaS電� 鞝勳泊 毵れ稖鞚� 27%毳� 彀頄堨姷雼堧嫟. 欤检殧 歆�響滊電� SECaaS ARR 2,520毵� 雼煬(鞝勲厔 雽�牍� 73% 歃濌皜)鞕� 牍�-GAAP 鞓侅梾鞚挫澋 120毵� 雼煬(2024雲� 2攵勱赴鞐愲姅 靻愳嫟)臧� 鞛堨姷雼堧嫟.
須岇偓電� 靾橃矞毵� 雼煬 攴滊鞚� EMEA 韱� 韹办柎 韱奠嫚靷梾鞛愳檧 須嶊赴鞝侅澑 瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟. 鞖办垬頃� 鞁れ爜鞚� 氚旐儠鞙茧 Allot鞚� 2025雲� 臧�鞚措崢鞀るゼ 毵れ稖 9,800毵寏1鞏�200毵� 雼煬搿� 靸來枼 臁办爼頃橁碃, SECaaS ARR 靹膘灔 旮半寑旃橂ゼ 55~60%搿� 鞓牳鞀惦媹雼�. 霕愴暅 須岇偓電� 4,600毵� 雼煬 攴滊鞚� 瓿店皽瓿惦毳� 鞕勲頃橁碃 攴� 靾橃澋鞙茧 3,140毵� 雼煬鞚� 鞝勴櫂靷眲毳� 靸來櫂頄堨姷雼堧嫟.
Allot (NASDAQ: ALLT) a publi茅 de solides r茅sultats financiers pour le deuxi猫me trimestre 2025, marqu茅s par une croissance exceptionnelle du Security-as-a-Service (SECaaS). La soci茅t茅 a r茅alis茅 des revenus de 24,1 millions de dollars, soit une hausse de 9% en glissement annuel, le SECaaS repr茅sentant 27% du chiffre d'affaires total. Parmi les indicateurs notables : un ARR SECaaS de 25,2 millions de dollars, en hausse de 73% d'une ann茅e sur l'autre, et un r茅sultat d'exploitation non-GAAP de 1,2 million de dollars contre une perte au T2 2024.
L'entreprise a conclu un contrat majeur avec un op茅rateur t茅l茅com EMEA de premier rang, d'une valeur de plusieurs dizaines de millions de dollars. Au vu de ces performances, Allot a relev茅 ses pr茅visions 2025 脿 98-102 millions de dollars de revenus et a port茅 ses attentes de croissance de l'ARR SECaaS 脿 55-60%. La soci茅t茅 a 茅galement r茅alis茅 une offre publique de 46 millions de dollars, dont les produits ont servi 脿 rembourser 31,4 millions de dollars de dette convertible.
Allot (NASDAQ: ALLT) meldete starke Finanzergebnisse f眉r das zweite Quartal 2025, wobei insbesondere das au脽erordentliche Wachstum im Bereich Security-as-a-Service (SECaaS) hervorzuheben ist. Das Unternehmen erzielte Ums盲tze von 24,1 Millionen US-Dollar, ein Plus von 9% gegen眉ber dem Vorjahr, wobei SECaaS 27% des Gesamtumsatzes ausmachte. Zu den bemerkenswerten Kennzahlen z盲hlen SECaaS ARR von 25,2 Millionen US-Dollar (plus 73% gegen眉ber dem Vorjahr) und ein non-GAAP-Betriebsgewinn von 1,2 Millionen US-Dollar gegen眉ber einem Verlust im Q2 2024.
Das Unternehmen sicherte sich einen bedeutenden Vertrag mit einem Tier-1-Telekommunikationsanbieter in der EMEA-Region im Wert von mehreren zehn Millionen US-Dollar. Auf Basis der starken Performance hat Allot seine Prognose f眉r 2025 auf 98鈥�102 Millionen US-Dollar Umsatz angehoben und die Erwartungen f眉r das SECaaS-ARR-Wachstum auf 55鈥�60% erh枚ht. Zudem wurde eine 枚ffentliche Platzierung 眉ber 46 Millionen US-Dollar abgeschlossen, deren Erl枚se zur Tilgung von 31,4 Millionen US-Dollar an Wandelanleihen verwendet wurden.
- SECaaS ARR grew 73% year-over-year to $25.2 million
- Revenue increased 9% year-over-year to $24.1 million
- Achieved non-GAAP operating profit of $1.2 million vs loss last year
- Generated strong positive operating cash flow of $4.4 million
- Secured major tier-1 EMEA telecom operator deal worth tens of millions
- Raised full year 2025 revenue guidance to $98-102 million
- Successfully completed $46 million public offering
- GAAP operating loss of $0.4 million in Q2 2025
- Net loss of $1.7 million on GAAP basis
- Operating expenses increased to $17.7 million from $17.3 million in gross profit
Insights
Allot delivers strong Q2 with 73% SECaaS ARR growth, shifts to profitability, and raises guidance, signaling successful business transformation.
Allot's Q2 2025 results demonstrate a significant transformation in its business model toward higher-margin security as a service (SECaaS) offerings. Revenue reached
The company's profitability metrics show substantial improvement. Allot achieved a non-GAAP operating profit of
The gross margin expansion to
The recent tier-1 EMEA telecom operator deal valued in "tens of millions of dollars" represents a strategic milestone, validating Allot's technology in both cybersecurity and network intelligence sectors. Meanwhile, the company's partnership with Verizon Business is already delivering meaningful revenue contributions.
Management's decision to raise full-year guidance to
Exceptionally strong
HOD HASHARON,
Financial Highlights for the Second Quarter of 2025
- Revenues of
$24.1 million 9% year-over-year with SECaaS representing27% of overall revenue; - June 2025 SECaaS ARR* of
$25.2 million 73% year-over-year; - GAAP operating loss of
$0.4 million $3.4 million - Non-GAAP operating profit of
$1.2 million $1.0 million - Strong positive operating cash flow of
$4.4 million $1.2 million
Management Comment
Eyal Harari, CEO of Allot, commented, "We are very pleased with our strong Q2 financial results, which benefitted from exceptional SECaaS performance. SECaaS ARR was up
Continued Mr. Harari, "Our recent agreements illustrate the growing traction of our cyber-security offering. Verizon Business's new mobile offering, which includes our SECaaS service, is gaining significant traction among end-customers and is already contributing meaningfully to our strong SECaaS revenue growth.
"As we announced in July, we won a landmark deal valued in the tens of millions of dollars with a tier-1 EMEA telecom operator. The multi-year agreement is one of Allot's largest ever customer wins to-date and is particularly strategic as it demonstrates the value of our unique technological advantages and core expertise for major telco players in two key areas: cyber security and network intelligence."
Concluded Mr. Harari, "In light of our accelerated SECaaS growth, improved visibility, and high level of backlog, we are introducing full year 2025 revenue guidance of
Second Quarter 2025 Financial Results Summary
Total revenues听for the second quarter of 2025 were
Gross profit on a GAAP basis for the second quarter of 2025 was
Gross profit on a non-GAAP basis听for the second quarter of 2025 was
Operating loss on a GAAP basis for the second quarter of 2025 was
Operating income on a non-GAAP basis听for the second quarter of 2025 was
Net loss on a GAAP basis听for the second quarter of 2025 was
Net income on a non-GAAP basis听for the second quarter of 2025 was
Operating cash flow听generated in the quarter was
Net cash and cash equivalents, bank deposits, restricted听deposits and investments as of June 30, 2025, totaled
During the quarter, Allot closed a public offering of
Conference Call & Webcast:
The Allot management team will host a conference call to discuss its second quarter 2025 earnings results today, August 14, 2025 at 9:00 am ET, 4:00 pm
US: 1-888-668-9141,
A live webcast and, following the end of the call, an archive of the conference call, will be accessible on the Allot website at: 听
About Allot
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT) is a provider of leading innovative network intelligence and security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1,000 enterprises. Our industry-leading network-based security as a service solution is already used by many millions of subscribers globally. Allot. See. Control. Secure.
For more information, visit
Performance Metrics
* SECaaS ARR 鈥� measures the current annual recurring SECaaS revenues, which is calculated based on estimated revenues for the month of June 2025 and multiplied by 12.
GAAP to Non-GAAP Reconciliation:
The difference between GAAP and non-GAAP revenues is related to the acquisitions made by the Company and represents revenues adjusted for the impact of the fair value adjustment to acquired deferred revenue related to purchase accounting. Non-GAAP net income is defined as GAAP net income after including deferred revenues related to the fair value adjustment resulting from purchase accounting and excluding stock-based compensation expenses, amortization of acquisition-related intangible assets, deferred tax asset adjustment and changes in taxes-related items.
These non-GAAP measures should be considered in addition to, and not as a substitute for, comparable GAAP measures. The non-GAAP results and a full reconciliation between GAAP and non-GAAP results is provided in the accompanying Table 2. The Company provides these non-GAAP financial measures because it believes they present a better measure of the Company's core business and management uses the non-GAAP measures internally to evaluate the Company's ongoing performance. Accordingly, the Company believes they are useful to investors in enhancing an understanding of the Company's operating performance.
Safe Harbor Statement
This release contains forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements set forth in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivables, including our ability to collect outstanding accounts and assess their collectability on a quarterly basis; our ability to meet expectations with respect to our financial guidance and outlook; our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors; government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on fourth party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact: | Public Relations Contact: |
EK Global Investor Relations | Seth Greenberg, Allot Ltd |
Ehud Helft | +972 54 922 2294 |
+1 212 378 8040 | |
听
TABLE听 - 1 | ||||||||
ALLOT LTD. | ||||||||
AND ITS SUBSIDIARIES | ||||||||
CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||
( | ||||||||
Three Months Ended | Six Months Ended | |||||||
June 30, | June 30, | |||||||
2025 | 2024 | 2025 | 2024 | |||||
(Unaudited) | (Unaudited) | |||||||
Revenues | $听听听听听听听听听听听 24,051 | $听听听听听听听听听 22,164 | $听听听听听听听听听 47,201 | $听听听听听听听听听 44,054 | ||||
Cost of revenues | 6,721 | 6,989 | 13,823 | 13,781 | ||||
Gross profit听听 | 17,330 | 15,175 | 33,378 | 30,273 | ||||
Operating expenses: | ||||||||
Research and development costs, net | 7,261 | 7,326 | 13,252 | 14,475 | ||||
Sales and marketing | 7,261 | 7,911 | 14,599 | 15,701 | ||||
General and administrative | 3,215 | 3,304 | 6,643 | 6,206 | ||||
Total operating expenses | 17,737 | 18,541 | 34,494 | 36,382 | ||||
Operating loss | (407) | (3,366) | (1,116) | (6,109) | ||||
Loss from extinguishment | (1,410) | - | (1,410) | - | ||||
Other income | 100 | - | 100 | - | ||||
Financial income, net | 359 | 489 | 1,033 | 1,029 | ||||
Loss before income tax expenses | (1,358) | (2,877) | (1,393) | (5,080) | ||||
Income tax expenses | 332 | 479 | 628 | 786 | ||||
Net loss | $听听听听听听听听听听听 (1,690) | $听听听听听听听听听 (3,356) | $听听听听听听听听听 (2,021) | $听听听听听听听听听听 (5,866) | ||||
听Basic net loss per share | $听听听听听听听听听听听听听 (0.04) | $听听听听听听听听听听听 (0.09) | $听听听听听听听听听听听 (0.05) | $听听听听听听听听听听听听 (0.16) | ||||
听Diluted net loss per share | $听听听听听听听听听听听听听 (0.04) | $听听听听听听听听听听听 (0.09) | $听听听听听听听听听听听 (0.05) | $听听听听听听听听听听听听 (0.16) | ||||
Weighted average number of shares used in | 4,01,40,875 | 3,87,12,407 | 3,99,44,413 | 3,85,62,065 | ||||
Weighted average number of shares used in | 4,01,40,875 | 3,87,12,407 | 3,99,44,413 | 3,85,62,065 | ||||
听
TABLE听 - 2 | ||||||||
ALLOT LTD. | ||||||||
AND ITS SUBSIDIARIES | ||||||||
RECONCILIATION OF GAAP TO NON-GAAP听 CONSOLIDATED听 STATEMENTS听 OF听 OPERATIONS | ||||||||
( | ||||||||
Three Months Ended | Six Months Ended | |||||||
June 30, | June 30, | |||||||
2025 | 2024 | 2025 | 2024 | |||||
(Unaudited) | (Unaudited) | |||||||
GAAP cost of revenues | $听听听听听听听听听 6,721 | $听听听听听听听听听 6,989 | $听听听听听听 13,823 | $听听听听听听 13,781 | ||||
听Share-based compensation (1)听 | (160) | (324) | (254) | (478) | ||||
听Amortization of intangible assets (2)听 | (152) | (152) | (305) | (304) | ||||
Non-GAAP cost of revenues | $听听听听听听听听听 6,409 | $听听听听听听听听听 6,513 | $听听听听听听 13,264 | $听听听听听听 12,999 | ||||
听GAAP gross profit听 | $听听听听听听听 17,330 | $听听听听听听听 15,175 | $听听听听听听 33,378 | $听听听听听听 30,273 | ||||
听Gross profit adjustments听 | 312 | 476 | 559 | 782 | ||||
听Non-GAAP gross profit听 | $听听听听听听听 17,642 | $听听听听听听听 15,651 | $听听听听听听 33,937 | $听听听听听听 31,055 | ||||
听GAAP operating expenses听 | $听听听听听听听 17,737 | $听听听听听听听 18,541 | $听听听听听听 34,494 | $听听听听听听 36,382 | ||||
听Share-based compensation (1)听 | (1,289) | (1,863) | (2,176) | (3,069) | ||||
听Non-GAAP operating expenses听 | $听听听听听听听 16,448 | $听听听听听听听 16,678 | $听听听听听听 32,318 | $听听听听听听 33,313 | ||||
听GAAP Loss from extinguishment听 | $听听听听听听听听 (1,410) | $听听听听听听听听听听听听听听 - | $听听听听听听 (1,410) | $听听听听听听听听听听听听听 - | ||||
听Loss from extinguishment听 | 1,410 | - | 1,410 | - | ||||
听Non-GAAP Loss from extinguishment听 | $听听听听听听听听听听听听听听 - | $听听听听听听听听听听听听听听 - | $听听听听听听听听听听听听听 - | $听听听听听听听听听听听听听 - | ||||
听GAAP financial and other income听 | $听听听听听听听听听听听听 359 | $听听听听听听听听听听听 489 | $听听听听听听听听 1,033 | $听听听听听听听听 1,029 | ||||
听Exchange rate differences*听 | 104 | 110 | 43 | 204 | ||||
听Non-GAAP Financial and other income听 | $听听听听听听听听听听听听 463 | $听听听听听听听听听听听 599 | $听听听听听听听听 1,076 | $听听听听听听听听 1,233 | ||||
听GAAP taxes on income听 | $听听听听听听听听听听听听 332 | $听听听听听听听听听听听 479 | $听听听听听听听听听听听 628 | $听听听听听听听听听听听 786 | ||||
听Changes in tax related items听 | (25) | (133) | (70) | (177) | ||||
听Non-GAAP taxes on income听 | $听听听听听听听听听听听听 307 | $听听听听听听听听听听听 346 | $听听听听听听听听听听听 558 | $听听听听听听听听听听听 609 | ||||
听GAAP Net profit (Loss)听 | $听听听听听听听听 (1,690) | $听听听听听听听 (3,356) | $听听听听听听 (2,021) | $听听听听听听 (5,866) | ||||
听Share-based compensation (1)听 | 1,449 | 2,187 | 2,430 | 3,547 | ||||
听Amortization of intangible assets (2)听 | 152 | 152 | 305 | 304 | ||||
听Loss from extinguishment听 | 1,410 | - | 1,410 | - | ||||
听Exchange rate differences*听 | 104 | 110 | 43 | 204 | ||||
听Changes in tax related items听 | 25 | 133 | 70 | 177 | ||||
听Non-GAAP Net income (loss)听 | $听听听听听听听听听 1,450 | $听听听听听听听听听听 (774) | $听听听听听听听听 2,237 | $听听听听听听 (1,634) | ||||
听GAAP Loss per share (diluted)听 | $听听听听听听听听听听 (0.04) | $听听听听听听听听听 (0.09) | $听听听听听听听听 (0.05) | $听听听听听听听听 (0.16) | ||||
听Share-based compensation听 | 0.03 | 0.06 | 0.06 | 0.10 | ||||
听Amortization of intangible assets听 | 0.01 | 0.01 | 0.01 | 0.01 | ||||
听Loss from extinguishment听 | 0.03 | - | 0.03 | - | ||||
听Non-GAAP Net income (Loss) per share (diluted)听 | $听听听听听听听听听听听 0.03 | $听听听听听听听听听 (0.02) | $听听听听听听听听听听 0.05 | $听听听听听听听听 (0.05) | ||||
- | ||||||||
Weighted average number of shares used in | 4,01,40,875 | 3,87,12,407 | 3,99,44,413 | 3,85,62,065 | ||||
Weighted average number of shares used in | 4,37,94,580 | 3,87,12,407 | 4,37,50,663 | 3,85,62,065 | ||||
* Financial income or expenses related to exchange rate differences in connection with revaluation of assets and | ||||||||
TABLE听 - 2 cont. | ||||||||
ALLOT LTD. | ||||||||
AND ITS SUBSIDIARIES | ||||||||
RECONCILIATION OF GAAP TO NON-GAAP听 CONSOLIDATED听 STATEMENTS听 OF听 OPERATIONS | ||||||||
( | ||||||||
Three Months Ended | Six Months Ended | |||||||
June 30, | June 30, | |||||||
2025 | 2024 | 2025 | 2024 | |||||
(Unaudited) | (Unaudited) | |||||||
(1) Share-based compensation: | ||||||||
Cost of revenues | $听听听听听听听听听听听听 160 | $听听听听听听听听听听听 324 | $听听听听听听听听听听听 254 | $听听听听听听听听听听听 478 | ||||
Research and development costs, net | 380 | 787 | 622 | 1,285 | ||||
Sales and marketing | 466 | 792 | 771 | 1,235 | ||||
General and administrative | 443 | 284 | 783 | 549 | ||||
$听听听听听听听听听 1,449 | $听听听听听听听听听 2,187 | $听听听听听听听听 2,430 | $听听听听听听听听 3,547 | |||||
听(2) Amortization of intangible assets听 | ||||||||
Cost of revenues | $听听听听听听听听听听听听 152 | $听听听听听听听听听听听 152 | $听听听听听听听听听听听 305 | $听听听听听听听听听听听 304 | ||||
Sales and marketing | ||||||||
$听听听听听听听听听听听听 152 | $听听听听听听听听听听听 152 | $听听听听听听听听听听听 305 | $听听听听听听听听听听听 304 | |||||
听
TABLE听 - 3 | ||||
ALLOT LTD. | ||||
AND ITS SUBSIDIARIES | ||||
CONSOLIDATED听 BALANCE听 SHEETS | ||||
( | ||||
June 30, | December 31, | |||
2025 | 2024 | |||
(Unaudited) | (Audited) | |||
ASSETS | ||||
CURRENT ASSETS: | ||||
Cash and cash equivalents | $听听听听听听听听听听听听听听听听听听 26,943 | $听 听 听 听 听 听 听 听16,142 | ||
Restricted deposit | 501 | 904 | ||
Short-term bank deposits | 11,050 | 15,250 | ||
Available-for-sale marketable securities | 11,518 | 26,470 | ||
Trade receivables, net (net of allowance for credit losses | 20,135 | 16,482 | ||
Other receivables and prepaid expenses | 8,641 | 6,317 | ||
Inventories | 8,505 | 8,611 | ||
Total current assets | 87,293 | 90,176 | ||
NON-CURRENT ASSETS: | ||||
Severance pay fund | $听听听听听听听听听听听听听听听听听听听听听听听 243 | $听 听 听 听 听 听 听 听 听 听 464 | ||
Restricted deposit | 329 | 279 | ||
Available-for-sale marketable securities | 21,672 | - | ||
Operating lease right-of-use assets | 6,091 | 6,741 | ||
Other assets听 | 552 | 2,151 | ||
Property and equipment, net | 6,039 | 7,692 | ||
Intangible assets, net | - | 305 | ||
Goodwill | 31,833 | 31,833 | ||
Total non-current assets | 66,759 | 49,465 | ||
Total assets | $听 听 听 听 听 听 听 听 1,54,052 | $听 听 听 听 听 听 1,39,641 | ||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||
CURRENT LIABILITIES: | ||||
Trade payables | $听听听听听听听听听听听听听听听听听听听听听听听 924 | $听 听 听 听 听 听 听 听 听 听946 | ||
Employees and payroll accruals | 8,780 | 8,208 | ||
Deferred revenues | 20,647 | 17,054 | ||
Short-term operating lease liabilities | 484 | 562 | ||
Other payables and accrued expenses | 10,996 | 9,200 | ||
Total current liabilities | 41,831 | 35,970 | ||
LONG-TERM LIABILITIES: | ||||
Deferred revenues | 6,079 | 7,136 | ||
Long-term operating lease liabilities | 5,611 | 5,807 | ||
Accrued severance pay | 814 | 946 | ||
Convertible debt | - | 39,973 | ||
Total long-term liabilities | 12,504 | 53,862 | ||
SHAREHOLDERS' EQUITY | 99,717 | 49,809 | ||
Total liabilities and shareholders' equity | $听 听 听 听 听 听 听 听1,54,052 | $听 听 听 听 听 1,39,641 | ||
听
听
TABLE听 - 4 | |||||||
ALLOT LTD. | |||||||
AND ITS SUBSIDIARIES | |||||||
CONSOLIDATED STATEMENTS OF CASH FLOWS听 | |||||||
( | |||||||
Three Months Ended | Six Months Ended | ||||||
June 30, | June 30, | ||||||
2025 | 2024 | 2025 | 2024 | ||||
(Unaudited) | (Unaudited) | ||||||
Cash flows from operating activities: | |||||||
Net loss | $听听听听听听听 (1,690) | $听听听听听 (3,356) | $听听听听听听听 (2,021) | $听听听听听听听听听 (5,866) | |||
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||
Depreciation, amortization and impairment | 1,073 | 1,359 | 2,419 | 2,776 | |||
Share-based compensation | 1,449 | 2,187 | 2,430 | 3,547 | |||
Capital loss听 | - | - | 255 | - | |||
Loss from extinguishment | 1,410 | - | 1,410 | - | |||
Other income | (100) | - | (100) | - | |||
Changes in operating assets and liabilities: | |||||||
Decrease (Increase)听 in accrued severance pay, net | 93 | (107) | 89 | (165) | |||
Decrease in other assets, other receivables and prepaid expenses | 196 | 955 | 1,619 | 1,672 | |||
Decrease听 in accrued interest and amortization of premium on available-for sale marketable securities | (521) | (405) | (862) | (777) | |||
Decrease in operating leases liability | (60) | (159) | (203) | (618) | |||
Decrease in operating lease right-of-use asset | 275 | 622 | 579 | 1,174 | |||
Increase in trade receivables | (901) | (2,789) | (3,653) | (2,980) | |||
Decrease (Increase) in inventories | (312) | 2,101 | 106 | 2,268 | |||
Increase (Decrease) in trade payables | (97) | 278 | (22) | 16 | |||
Increase (Decrease) in employees and payroll accruals | 2,785 | (649) | 573 | (4,135) | |||
Increase in deferred revenues | 273 | 595 | 2,536 | 1,965 | |||
Increase (Decrease) in other payables and accrued expenses | 511 | 542 | 914 | (12) | |||
Net cash provided by (used in) operating activities | 4,384 | 1,174 | 6,069 | (1,135) | |||
Cash flows from investing activities: | |||||||
Decrease (Increase) in restricted deposit | 50 | (1) | 353 | 703 | |||
Investment in short-term bank deposits | (7,050) | (3,800) | (15,750) | (3,800) | |||
Withdrawal of short-term bank deposits | 12,700 | - | 19,950 | 10,000 | |||
Purchase of property and equipment | (408) | (957) | (689) | (1,386) | |||
Investment in marketable securities | (26,458) | (10,477) | (55,434) | (34,752) | |||
Proceeds from redemption or sale of marketable securities | 27,283 | 7,225 | 49,683 | 32,060 | |||
Proceeds from sale of patent | 100 | - | 100 | - | |||
Net cash provided by (used in) investing activities | 6,217 | (8,010) | (1,787) | 2,825 | |||
Cash flows from financing activities: | |||||||
Issuance of share capital | 37,691 | - | 37,691 | - | |||
Proceeds from exercise of stock options | - | 1 | 238 | 1 | |||
Redemption of convertible debt | (31,410) | - | (31,410) | - | |||
Net cash provided by financing activities | 6,281 | 1 | 6,519 | 1 | |||
Increase (Decrease) in cash and cash equivalents | 16,882 | (6,835) | 10,801 | 1,691 | |||
Cash, cash equivalents at the beginning of the period | 10,061 | 22,718 | 16,142 | 14,192 | |||
Cash, cash equivalents at the end of the period | $听听听听听听听 26,943 | $听听听听 15,883 | $听听听听听听听 26,943 | $听听听听听听听听听 15,883 | |||
Non-cash activities: | |||||||
ROU asset and lease liability decrease, due to lease termination | - | - | (71) | - | |||
Redemption of convertible debt | (10,000) | - | (10,000) | - | |||
听
Other financial metrics (Unaudited) | ||||||||
Q2-25 | FY听2024 | FY听2023 | ||||||
Revenues geographic breakdown | ||||||||
4.2 | 17听% | 14.2 | 15听% | 16.6 | 18听% | |||
EMEA | 15.8 | 66听% | 54.0 | 59听% | 56.1 | 60听% | ||
4.1 | 17听% | 24.0 | 26听% | 20.5 | 22听% | |||
24.1 | 100听% | 92.2 | 100听% | 93.2 | 100听% | |||
Revenues breakdown by type | ||||||||
Products | 7.6 | 31听% | 30.1 | 33听% | 37.6 | 40听% | ||
Professional Services | 1.6 | 7听% | 8.3 | 9听% | 6.1 | 7听% | ||
SECaaS (Security as a Service) | 6.4 | 27听% | 16.5 | 18听% | 10.6 | 11听% | ||
Support & Maintenance | 8.5 | 35听% | 37.3 | 40听% | 38.9 | 42听% | ||
24.1 | 100听% | 92.2 | 100听% | 93.2 | 100听% | |||
Top 10 customers as a %听 of听 revenues | 55听% | 43听% | 47听% | |||||
Non-GAAP Weighted average number of basic shares听 (in millions) | 40.1 | 38.9 | 37.9 | |||||
Non-GAAP weighted average number of fully diluted shares听 (in millions) | 43.8 | 42.3 | 40.3 | |||||
SECaaS (Security as a Service) revenues- | ||||||||
Q2-2025: | 6.4 | |||||||
Q1-2025: | 5.1 | |||||||
Q4-2024: | 4.8 | |||||||
Q3-2024: | 4.7 | |||||||
Q2-2024: | 3.7 | |||||||
SECaaS ARR* - | ||||||||
Jun. 2025: | 25.2 | |||||||
Dec. 2024: | 18.2 | |||||||
Dec. 2023: | 12.7 | |||||||
Dec. 2022: | 9.2 | |||||||
Logo:听https://mma.prnewswire.com/media/703889/Allot_Logo.jpg
听
View original content:
SOURCE Allot Ltd.
FAQ
What were Allot's (ALLT) Q2 2025 earnings results?
How much did Allot's SECaaS revenue grow in Q2 2025?
What is Allot's revenue guidance for full year 2025?
How much cash does Allot have as of Q2 2025?
What was the size of Allot's public offering in Q2 2025?
