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RVSNW

Rail Vision Ltd.

RVSNW

Rail Vision Ltd. • NASDAQ
$0.07 ▼ -38.93% (-0.04)
Market Cap $3.73 M
52w High $0.12
52w Low $0.07
Dividend Yield 0%
P/E -0.06
Volume 20.61K
Outstanding Shares 53.41M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $118.5K $2.877M $-2.84M -2.396K% $-0.056 $-2.823M
Q1-2025 $118.5K ▼ $2.877M ▲ $-2.84M ▲ -2.396K% ▼ $-0.056 ▲ $-2.823M ▼
Q4-2024 $269.5K $2.44M $-3.192M -1.184K% $-0.15 $-2.454M
Q3-2024 $269.5K ▼ $2.44M ▲ $-3.192M ▲ -1.184K% ▲ $-0.15 ▲ $-2.454M ▼
Q2-2024 $380.5K $2.287M $-12.162M -3.196K% $-1 $-2.05M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $22.431M $25.37M $2.676M $22.694M
Q1-2025 $22.431M ▲ $25.37M ▲ $2.676M ▼ $22.694M ▲
Q4-2024 $17.238M $20.597M $2.895M $17.702M
Q3-2024 $17.238M ▲ $20.597M ▲ $2.895M ▲ $17.702M ▲
Q2-2024 $9.691M $12.452M $2.556M $9.896M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-2.84M $-2.33M $-5K $4.88M $0 $-2.335M
Q1-2025 $-2.84M ▲ $-2.33M ▲ $-5K ▲ $4.88M ▼ $0 $-2.335M ▲
Q4-2024 $-3.192M $-2.543M $-12K $6.322M $0 ▲ $-2.555M
Q3-2024 $-3.192M ▲ $-2.543M ▼ $-12K ▼ $6.322M ▲ $-9.906M ▼ $-2.555M ▼
Q2-2024 $-12.162M $-2.297M $-3K $5.637M $9.906M $-2.3M

Five-Year Company Overview

Income Statement

Income Statement Rail Vision looks like a classic early-stage, pre-revenue tech company. So far it has essentially no reported sales and runs at a steady loss as it spends on people, development, and commercialization. The losses themselves are not unusual for a company at this stage, but they do mean the business is still in the “build and prove” phase rather than the “scale and harvest” phase. Earnings per share also jump around a lot, which likely reflects capital raises and changes in share count rather than changes in the underlying business performance.

Balance Sheet

Balance Sheet The balance sheet is very small and quite simple. Assets are limited and largely made up of cash, with very little in the way of physical assets. On the positive side, there is no financial debt, so the company is not burdened by interest payments. Equity has swung from negative to positive over time, which suggests that external funding has been used to shore up the capital base. Overall, the financial cushion exists but appears thin, leaving the company sensitive to delays in commercial traction or difficulties raising new capital.

Cash Flow

Cash Flow Cash flow patterns match the income statement: money is flowing out to fund operations, with no meaningful cash coming in from customers yet. Operating cash flow has been consistently negative, and free cash flow is also negative, though the company does not appear to spend heavily on physical capital. This points to a business where the main resource is talent and R&D rather than factories or equipment. It also means the company likely depends on periodic funding rounds to keep going until commercial contracts ramp up.

Competitive Edge

Competitive Edge Rail Vision occupies a narrow but potentially important niche: AI-powered vision and safety systems for railways. Its strengths include specialized sensor and AI technology, a long-range detection capability, and a strategic partnership with a major global rail supplier, which helps with credibility and market access. A growing patent portfolio and an early start in this niche add to its moat. On the other hand, it remains a very small player in an industry with large, well-established competitors, long sales cycles, strict safety regulation, and customers that move slowly. Its competitive position will ultimately be tested by how many large operators adopt its systems at scale.

Innovation and R&D

Innovation and R&D Innovation is clearly the heart of Rail Vision. The company has built integrated electro‑optic and AI systems for obstacle detection, tailored products for mainline trains and shunting yards, and a data platform that can turn video and sensor output into operational insights. It is also pushing into more advanced areas such as semi‑autonomous train operations and exploring quantum‑enhanced AI through a planned stake in a quantum transportation company. All of this underscores a strong technology culture, but it also means ongoing R&D spending and execution risk as the company tries to turn prototypes, pilots, and early contracts into stable, repeatable business.

Summary

Rail Vision is best viewed as a high-innovation, early-stage rail technology company that is still pre-revenue and reliant on external funding. Financially, it runs predictable losses, holds a modest cash buffer, carries no debt, and burns cash to support R&D and commercialization. Strategically, it has carved out a differentiated position in railway safety and autonomy, supported by advanced AI, specialized sensors, patents, and a key industrial partner. The main opportunity lies in converting this technological and strategic foundation into substantial commercial contracts across global rail markets. The main risks center on its small scale, dependence on continued funding, the conservative and slow-moving nature of rail customers, and the uncertainty of how quickly its innovations will be adopted in practice.