Theon International develops and manufactures night-vision and thermal imaging systems for defense and security customers. Its products—such as night-vision goggles, weapon sights, and related electro-optical equipment—are used by armed forces and security agencies that need reliable observation in low light. The company is known for specialized electro-optics rather than broad industrial conglomerate activities.
| Year | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| 2021 | 80.6 | — | 19.1 | — |
| 2022 | 142.9 | 77.4% | 30 | 57.4% |
| 2023 | 218.7 | 53.1% | 36.1 | 20.3% |
| 2024 | 352.4 | 61.1% | 67.4 | 86.8% |
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