OMNIQ Corp. (OMQS)
OTCMKTS · Delayed Price · Currency is USD
0.08168
-0.00032 (-0.39%)
At close: Nov 5, 2026
OMNIQ Earnings Call Transcripts
Fiscal Year 2026
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Q Shield combines machine vision with database alerts for public safety and city enforcement, using a revenue-share model. Plans called for expansion to 100 cities by mid-next year at the latest, with recurring revenue projected at 40%-50% next year.
Fiscal Year 2024
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Q3 2024 saw 7.6% revenue growth, a 63% reduction in net loss, and major advances in AI, fintech, and IoT. Strategic partnerships and cost reductions improved margins, while SaaS and service offerings drive future recurring revenue.
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Gross margin rose to 26% in Q2 2024, with revenue up 4% sequentially and operating expenses down 14% year-over-year. Strategic Fintech expansion, new partnerships, and uplisting to OTCQB highlight ongoing growth and improved financial health.