RSL

Producer of electronic systems to defence industry.

Sector: DefenceMarket cap: NIS 158M

Company profile on Maya Open in TradingView

All analyses

Analyses on RSL (1)

Deep Analysis - Arasal 2025: the backlog jumped, but profit is still stuck in the implementation phase

Arasal finished 2025 with a very weak income statement, but with a sharp jump in backlog and a new stream of orders after the balance sheet date. The story now is not missing demand, but whether HUMS can move from a heavy implementation phase into profitable revenue.

March 30, 2026

Follow-up dives

Follow-up dives on RSL (2)

Follow-up

Arasal follow-up: is the dividend policy too aggressive for the current earnings and cash profile?

Arasal's dividend policy looks aggressive relative to 2025 earnings and free cash, because the payout relied mainly on a sharp receivables unwind rather than on a broad recurring earnings base.

March 30, 2026

Follow-up

Arasal follow-up: is the HUMS backlog really worth the profit the market is assuming?

Arasal's HUMS backlog is real and large, but the 2025 filing still proves future demand more clearly than future profit. For it to become a profit engine, the company needs both schedule delivery and a return to positive margins.

March 30, 2026

Same sector