Our Bond Plans To Reduce Annualized Operating Costs By ~$6M, Or Over 30%; Projects ~50% Revenue Growth In 2027 Versus Anticipated 2026 Performance

Benzinga · 1d ago

Our Bond, Inc. ("Bond") (NASDAQ:OBAI), the creator of the world’s first AI-powered Preventative Personal Security platform adopted by leading multinational companies, today announced plans to reduce annualized operating costs by approximately $6 million, or over 30%, while projecting approximately 50% revenue growth in 2027 compared with anticipated 2026 performance.

The initiative marks an important step in Bond's transition from investing in its global technology and operating infrastructure to leveraging that infrastructure to support substantial revenue growth, improve operating efficiency, and accelerate its path toward sustainable positive cash flow.

Key Financial Objectives Entering 2027:

  • Over 30% Reduction in Annual Operating Costs: Bond expects to reduce its annualized operating cost structure by approximately $6 million, reflecting approximately $3 million in recurring annual cost savings driven by the increased use of artificial intelligence, automation, and operational efficiencies, as well as the elimination of approximately $3 million in one-time expenses incurred during 2026 that are not expected to recur in 2027.
  • 50% Projected Revenue Growth: The Company anticipates approximately 50% revenue growth in 2027, supported by its expanding presence across enterprise customers, international markets, and municipalities.
  • Potential Upside Beyond Current Projections: Bond's 2027 revenue outlook does not assume the completion of additional large-scale enterprise agreements, which could provide meaningful incremental revenue.
  • Accelerated Path to Positive Cash Flow: The combination of a substantially lower operating cost structure and anticipated revenue growth is expected to materially reduce cash burn and bring the Company significantly closer to sustainable positive cash flow.