Maris-Tech Ltd.
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About the company
Maris-Tech Ltd. designs, develops, manufactures, and sells digital video and audio products and services. The company’s Jupiter family products include Jupiter-AI and Jupiter-Nano for low-latency streaming, recording, and display; Jupiter Mini and Jupiter-SB/SB-AI, which are multi channel H.
- CEO
- Israel Bar
- IPO
- 2022
- Employees
- 15
- HQ
- Rehovot, TA, IL
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $11.06M
- P/E
- -1.70
- PEG
- 0.01
- P/S
- 8.24
- P/B
- 15.27
- EV/EBITDA
- -2.56
- Div Yield
- 0.00%
- Gross Margin
- -27.12%
- Op Margin
- -389.53%
- Net Margin
- -403.31%
- ROE
- -263.05%
- ROIC
- -91.76%
Latest fiscal year · YoY change
- Revenue
- $1.34M-77.9%
- Gross Profit
- $-363,749-110.3%
- Op Income
- $-5,224,425
- Net Income
- $-5,409,322-338.4%
- EPS
- $-0.67-318.8%
- OCF Growth
- -53.8%
- FCF Growth
- -42.6%
- 52W High
- $4.27
- 52W Low
- $0.94
- 50D MA
- $1.12
- 200D MA
- $1.35
- Beta
- 0.70
- RSI (14)
- 50
- Avg Volume
- 490.68K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Maris-Tech said 2024 revenue grew more than 50% to about $6.1 million while net loss narrowed to $1.2 million, as the company leaned further into defense and homeland security applications.· April 2, 2025
- Revenue rose to approximately $6.1 million in 2024, up more than 50% versus 2023.
- Net loss improved to $1.2 million in 2024 from $2.7 million in 2023, a reduction of more than 54%.
- Backlog was approximately $9.9 million at the end of March, which management expects to convert over coming years.
- Management said Maris is increasingly a defense-focused business, with growth driven by situation awareness, intelligence gathering, and drone-related deployments.
- The 2025 roadmap is centered on final products and new partnerships, including thermal camera integration, armored-vehicle upgrades, and passive radar concepts.
Maris-Tech reported revenues of approximately $6.1 million in 2024, up more than 50% from 2023, after growing from $1 million in 2020. Net loss fell to $1.2 million in 2024 from $2.7 million in 2023 and $3.7 million in 2022, a decline of more than 54% versus 2023. Backlog at the end of March was approximately $9.9 million, which management expects to recognize as revenue in coming years. Cash and cash equivalents at the end of December were approximately $2.3 million. Management said cash flow, customer proceeds, and its line of credit should be sufficient to support growth and operations for the next 12 months. No next-quarter or full-year revenue guidance was provided.
CEO Israel Bar framed the company as having become a defense and homeland security supplier, saying the shift accelerated in late 2023 and throughout 2024. He emphasized that Maris’s edge-computing platforms are being used on drones, armored vehicles, and intelligence-gathering systems, and said the opportunity set is expanding as warfare becomes more technology-driven. His tone was upbeat and strategic, with repeated references to new products, partnerships, and a push into the U.S. and Indian markets.
CFO Nir Bussy focused on the company’s public-company financial highlights and liquidity. He cited 2024 revenue of approximately $6.1 million, backlog of approximately $9.9 million at the end of March, net loss of $1.2 million, and cash and cash equivalents of approximately $2.3 million at the end of December. He said cash flow, customer proceeds, and the line of credit should be enough to fund operations for the next 12 months.
In Q&A, management addressed a question about the Indian distributor agreement and a possible link to the stock drop, saying the company had just started the relationship and did not see any relation between the agreement and the share price. They also explained that revenue can move unevenly because Maris is still a project-based company with orders that are not linear through the year. When asked about forecast expectations, management declined to provide non-public guidance.
The bull case from the call is that Maris is seeing real traction in defense applications, with management describing strong revenue generation, large deployments, and expanding customer demand. The company also has a sizable backlog, multiple new product initiatives, and partnerships that could broaden its addressable market in 2025.
The main risks are that revenue is still project-based and uneven quarter to quarter, which management acknowledged makes results non-linear. Cash remains limited at approximately $2.3 million, and the company did not provide public forward guidance, leaving visibility on the pace of conversion of backlog and new product commercialization uncertain.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 46.8%
- Shares Outstanding
- 9.70M
- Float Shares
- 4.53M
of shares held by institutions
5 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Amh Equity Ltd | 684.40K | ▼ 40.60K |
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 17, 26 | Weiss Amitay | other | 110,207 |
| Aug 17, 26 | Avrahamy Naama Falach | other | 35,495 |
| Aug 17, 26 | Bar Israel | other | 251,902 |
| Aug 17, 26 | Marshak Isabela | other | 35,495 |
| Jul 8, 26 | Bussy Nir | other | 125,951 |
| Jul 8, 26 | Malka Hananya | other | 88,451 |
| Jul 8, 26 | Bastiker Carmela | other | 125,951 |
| Mar 18, 26 | Ben Moshe Nir | other | 10,000 |
| Mar 18, 26 | Bussy Nir | other | 1,990 |
| Mar 18, 26 | Bussy Nir | other | 15,919 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our MTEK coverage
Recent articles, reports, and earnings notes.
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Generate MTEK report →Maris-Tech Receives Additional Follow-On Order from Existing Governmental Intelligence Customer
globenewswire.com · Aug 20
Maris-Tech Achieves AS9100D Certification, Expanding Access to Global Defense and Aerospace Markets
globenewswire.com · Aug 14
Maris-Tech Receives Contract Expansion for Government Defense Program
globenewswire.com · Aug 11
Maris-Tech Receives Repeat Order for Jupiter Family Products
globenewswire.com · Aug 10
Maris-Tech Completes Full 360° HD Video Stitching with Thermal-Day Image Fusion on Diamond Ultra
globenewswire.com · Jul 20
Maris-Tech Receives Follow-On Orders from Existing Defense Customer for Observation Systems
globenewswire.com · Jul 9
Maris-Tech Unveils Mars-RF-HD, Enabling Ultra-Narrowband Drone Video Streaming Over LoRA Networks
globenewswire.com · Jun 30
Maris-Tech Awarded a Government Defense Contract as Prime Contractor
globenewswire.com · Jun 26
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.