Odysight.ai FY 2024 revenue $4M (+31% YoY); backlog jumps >450% to $15M

Odysight.ai Inc.

Revenue $4.0M (+31% YoY); gross margin improved to 29% from 17%.
Backlog ~$15M, up >450%, driven by Aerospace contracts.
Net loss $11.8M (vs $9.4M) on operating expenses $13.7M.
Cash $18.5M at Dec 2024; Feb 2025 Nasdaq uplisting raised $23.7M gross.
Secured agreements with Israeli Air Force, NASA, Israel Railways, and a defense contractor.

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