NextVision Reports Continued Rapid Growth and Record Results for Q2 2025

— Company revenues grew by approximately 32%, reaching about $37 million

— Gross profit increased by approximately 32%, reaching $26.5 million

— Net profit rose by approximately 46%, reaching $23.2 million

— Order backlog remained high at $110.4 million, as of the report date

NextVision Stabilized Systems Ltd. (TASE: NXSN), a technology growth company that develops, manufactures, and markets stabilized day and night imaging solutions for ground and aerial platforms-such as micro and mini UAVs and drones-with one of the best weight/size-to-performance ratios in the world, today reported its financial results for the second quarter of 2025, reflecting continued rapid and profitable growth, in line with company forecasts.

Management Comment

Chen Golan, Chairman and Founder of Next Vision: “We closed the second quarter of 2025 with a double-digit growth in both revenue and profitability, continuing to reflect strong demand for our products and the broad trust of our customers worldwide. Ongoing investment in innovation and the development of advanced solutions enables us to maintain a leading position in the market and deliver significant added value to our customers.”

Continued Mr. Golan: “Despite many challenges, the company succeeded during the '12-day war' with Iran in maintaining high operational continuity. During the operation, Israel's airspace was closed for two weeks, causing delays and postponements in some customer deliveries. Once the operation ended and the airspace reopened, most of the products were released and shipped to our customers.”

“The company continues to see high demand worldwide and is investing significant resources to meet the ambitious sales target set by the Company's board-$160 million income from sales in 2025. We continue to lead the market through innovation, reliability, and outstanding performance, while maintaining competitive pricing,” concluded Mr. Golan.

Financial Results Highlights

Revenuesin the second quarter of 2025 totaled approximately $37 million, an increase of about 32% compared to revenues of approximately $28 million in the same quarter last year. In the first half of 2025, revenues totaled $73.2 million, an increase of about 32% compared to revenues of $55.2 million in the first half of last year.

The Company's order backlogremained high, totaling $110.4 million as of the report date. The number of active customers in the first half of the year grew to 154 compared to 137 active customers in the corresponding period last year.

The Company's gross profitin the second quarter of 2025 totaled $26.6 million (approximately 72% of total revenues), an increase of about 32% compared to a gross profit of $20.1 million in the same quarter last year. In the first half of 2025, gross profit was $53 million (approximately 72% of total revenues), an increase of about 35% compared to $39.3 million in the first half of 2024.

The company's operating profitin the second quarter of 2025 totaled $23 million (approximately 62% of total revenues), an increase of about 27% compared to operating profit of $18.1 million in the same quarter last year. In the first half of 2025, operating profit totaled $45.2 million, an increase of 33% compared to operating profit of $34 million in the first half of 2024.

Net profitin the second quarter of 2025 grew to approximately $23.2 million (approximately 63% of total revenues), an increase of about 46% compared to net profit of $15.9 million in the same quarter last year. Net profit in the first half of the year was $43.8 million, an increase of 44% compared to net profit of $30.4 million in the first half of 2024.

Cash flow from operating activities- During the second quarter, the company generated approximately $5.5 million from operating activities. In the quarter, the company used cash to make significant inventory purchases as part of its risk-reduction policy and commitment to rapid, continuous delivery of products to its customers, alongside continued expansion of its operations. In addition, the increase in accounts receivable due to delayed deliveries at the end of June, caused by the war with Iran also affected the cash flow.

Shareholders' equitystood at approximately $153.5 million as of the end of the second quarter of 2025, representing about 84% of the balance sheet total.

About NextVision Stabilized Systems Ltd.

Next Vision is a leading technology company in the stabilized camera market for ground and aerial platforms. It offers customers advanced imaging solutions based on a wide range of cameras, accessories, and AI capabilities for commercial, industrial, and security applications-providing a true one-stop shop. The company has developed a patented image stabilization engine, enabling the production of stabilized cameras with one of the best size/weight-to-performance ratios globally. This solution delivers stable imagery even in challenging conditions. Next Vision markets its products worldwide, with consistent growth in its customer base.

International Investor Relations Ehud Helft nextvision@ekgir.com EK Global Investor Relations (US) +1 212 378 8040

NEXTVISION STABILIZED SYSTEMS LTD.COMPREHENSIVE STATEMENT OF INCOMEUS$ thousands, except per Six months ended Three months ended Year endedshare data June 30, June 30, December 31, 2025 2024 2025 2024 2024Revenues 73,243 55,278 37,080 28,055 114,934Cost of revenues (20,198) (15,933) (10,523) (7,917) (32,044)Gross profit 53,045 39,345 26,557 20,138 82,890Research and development expenses (2,276) (1,199) (1,324) (480) (2,517)Selling & marketing (877) (901) (430) (418) (1,639)General and administrative expenses (4,682) (3,185) (1,795) (1,112) (5,730) (7,835) (5,285) (3,549) (2,010) (9,886)Operating income 45,210 34,060 23,008 18,128 73,004Finance expenses (152) (188) (120) (97) (430)Finance income 4,089 1,934 2,159 1,024 4,330Income before tax 49,147 35,806 25,047 19,055 76,904Taxes on income (5,351) (5,383) (1,824) (3,178) (10,508)Net income 43,796 30,423 23,223 15,877 66,396Other comprehensive loss (16)Total comprehensive income 43,796 30,423 23,223 15,877 66,380Net income per share ($):Basic net income 0.5416 0.3837 0.2860 0.1999 0.8332Diluted net income 0.5218 0.3646 0.2752 0.1883 0.8024NEXTVISION STABILIZED SYSTEMS LTD.CONDENSED CONSOLIDATED BALANCE SHEETSUS$ thousands As of June 30, 2025 As of June 30, 2024 As of Dec. 31, 2024 (Unaudited) (Unaudited) (Audited)Current assetsCash and cash equivalents 42,580 89,138 74,708Short-term deposits 67,424 – 47,903Trade receivables 17,560 8,508 6,374Current income tax receivable 516 – 1,054Other receivables and debit balances 4,819 1,929 1,840Inventories 40,628 16,846 22,386Total current assets 173,527 116,421 154,265Non-current assetsProperty, plant and equipment 872 458 749Right-of-use assets 3,187 559 514Intangible assets 4,415 2,928 3,628Total non-current assets 8,474 3,945 4,891Total assets 182,001 120,366 159,156Current liabilitiesTrade payables and service providers 10,078 6,085 5,842Current income tax payable – 640 -Other payables and credit balances 14,191 12,920 15,024Total current liabilities 24,269 19,645 20,866Non-current liabilitiesEmployee benefit obligations 114 91 114Deferred taxes 515 290 373Lease liabilities 3,540 197 111Total non-current liabilities 4,169 578 598EquityShare capital and premium 47,112 43,184 43,194Share-based payment reserve 5,402 2,465 4,047Retained earnings 101,049 54,494 90,451Total equity 153,563 100,143 137,692Total liabilities and equity 182,001 120,366 159,156

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SOURCE NextVision

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