Duos Technologies Group, Inc. (DUOT)

Duos Technologies Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	5.9	7.47	15.01	8.26	8.04	13.64
Revenue Growth (YoY)	-63.63%	-50.23%	81.75%	2.74%	-41.07%	13.22%
Cost of Revenue	5.03	6.16	10.26	6.22	7.8	7.16
Gross Profit	0.87	1.31	4.75	2.04	0.24	6.48
Selling, General & Admin	11.14	10.94	9.96	6.98	6.77	4.94
Research & Development	1.79	1.81	1.65	2.52	0.1	1.48
Other Operating Expenses	0	0	0	0	0	2.47
Operating Expenses	12.93	12.76	11.61	9.5	6.87	8.89
Operating Income	-12.06	-11.45	-6.87	-7.46	-6.63	-2.41
Interest Expense / Income	0.01	0.01	0.01	0.02	0.15	0.07
Other Expense / Income	-0.22	-0.21	-0.01	-1.47	-0.04	-0
Pretax Income	-11.85	-11.24	-6.86	-6.01	-6.75	-2.47
Net Income	-11.85	-11.24	-6.86	-6.01	-6.75	-2.47
Shares Outstanding (Basic)	7	7	6	4	3	2
Shares Outstanding (Diluted)	7	7	6	4	3	2
Shares Change	2.10%	16.66%	67.15%	11.27%	86.35%	19.94%
EPS (Basic)	-1.65	-1.56	-1.11	-1.63	-2.03	-1.39
EPS (Diluted)	-1.65	-1.56	-1.11	-1.63	-2.03	-1.39
Free Cash Flow	-11.24	-9.24	-8.22	-7.12	-4.51	-4.23
Free Cash Flow Per Share	-1.54	-1.28	-1.33	-1.93	-1.36	-2.37
Gross Margin	14.69%	17.52%	31.63%	24.69%	2.93%	47.51%
Operating Margin	-204.50%	-153.21%	-45.73%	-90.28%	-82.52%	-17.64%
Profit Margin	-200.94%	-150.47%	-45.73%	-72.75%	-83.93%	-18.11%
Free Cash Flow Margin	-190.52%	-123.72%	-54.74%	-86.26%	-56.11%	-30.98%
EBITDA	-10.93	-10.37	-6.27	-5.46	-6.14	-2
EBITDA Margin	-185.31%	-138.77%	-41.76%	-66.14%	-76.38%	-14.68%
Depreciation & Amortization	0.91	0.87	0.59	0.53	0.46	0.4
EBIT	-11.84	-11.23	-6.86	-5.99	-6.6	-2.4
EBIT Margin	-200.83%	-150.37%	-45.67%	-72.50%	-82.06%	-17.61%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).