Duos Technologies Group

Duos Technologies Group, Inc. designs, develops, deploys, and operates intelligent technology solutions supporting rail, logistics, intermodal and government customers that streamlines operations, improves safety and reduces costs. It offers imaging, safety and security, software, and services. The firm also provides cutting edge solutions that automate the mechanical and security inspection of fast moving trains, trucks and automobiles through a broad range of proprietary hardware, software, information technology and artificial intelligence. The company was founded on May 31, 1994 and is headquartered in Jacksonville, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Duos Technologies Group reports Q1 losses but unveils Edge AI

Duos Technologies Group's Q1 2024 performance saw declines in revenue but highlighted key wins like the Railcar Inspection Portal award and improved backlog.
The formation of Duos Edge AI and plans for edge data centers offer potential for recurring revenue streams and technological advancements in railcar inspections.
While facing challenges in revenue and profitability, Duos Technologies Group has opportunities to capitalize on existing contracts and drive growth through innovative solutions.

Duos Technologies Group diversifies business and anticipates strong margins

Duos Technologies Group is navigating challenges in gross margins while capitalizing on growth opportunities in diversified business segments.
The company's focus on recurring revenue streams and cost management is positioning them for future success.
Strategic partnerships and new subsidiary incorporation indicate a proactive approach to expanding market presence.

Duos Technologies Group reports robust Q3 performance and growth opportunities

Duos Technologies Group showed strong financial performance in Q3 2024 with significant revenue growth and reduced net loss.
The company's stable balance sheet, new business ventures, and contract backlog provide a foundation for future growth.
While challenges like funding constraints and market competition exist, Duos Technologies Group is poised for improved results and revenue recognition.
Opportunities lie in new initiatives, expansions, and partnerships that can drive revenue growth and market presence for the company.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

JACKSONVILLE, FL / ACCESSWIRE / December 9, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of vision based analytical technology solutions, has been invited to present at the inaugural Wells Fargo "Tech in Transportation Forum," which is being held virtually on December 16, 2021. Duos management is scheduled to present on Thursday, December 16th at 11:50 a.m.

Duos Technologies to Present at the Wells Fargo Virtual Tech in Transportation Forum on December 16, 2021

Duos Technologies Group, Inc. (DUOT) CEO Charles Ferry on Q3 2021 Results - Earnings Call Transcript

JACKSONVILLE, FL / ACCESSWIRE / November 15, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq:DUOT), a provider of vision based analytical technology solutions, reported financial results for the third quarter and nine months ended September 30, 2021. Third Quarter 2021 and Recent Operational Highlights Received "Notice to Proceed" on a significant upgrade for two Railcar Inspection Portals (rip®) with an existing Class I rail operator customer.

Duos Technologies Group Reports Third Quarter and Nine Month 2021 Results

JACKSONVILLE, FL / ACCESSWIRE / November 8, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of vision based analytical technology solutions, will hold a conference call on Monday, November 15, 2021 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2021.

Duos Technologies Group Sets Third Quarter 2021 Earnings Call for Monday, November 15, 2021 at 4:30 PM ET

JACKSONVILLE, FL / ACCESSWIRE / September 2, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of vision based analytical technology solutions, has been invited to present at the 10th Annual Gateway Conference, which is being held virtually on September 8-9, 2021. Duos management is scheduled to present on Thursday, September 9th at 11:30 a.m.

Duos Technologies to Present at the 10th Annual Gateway Conference on September 9, 2021

Duos Technologies Group, Inc. (DUOT) CEO Charles Ferry on Q2 2021 Results - Earnings Call Transcript

JACKSONVILLE, FL / ACCESSWIRE / August 12, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq: DUOT), a provider of intelligent security analytical technology solutions, reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 and Recent Operational Highlights Joined the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution.

Duos Technologies Group Reports Second Quarter and Six Month 2021 Results

JACKSONVILLE, FL / ACCESSWIRE / August 5, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of intelligent analytical technology solutions, will hold a conference call on Thursday, August 12, 2021 at 4:30 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2021.

Duos Technologies Group Reports Second Quarter 2021 Results

After a very difficult year, the company seems back on track. But the share price has already reflected a considerable part of this.

Duos Technologies Is Back On Track

JACKSONVILLE, FL / ACCESSWIRE / June 29, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of intelligent security analytical technology solutions, was added to the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market open on June 28, according to the FTSE Russell website. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.

Duos Technologies Joins Russell Microcap Index

Duos Technologies Group, Inc. (DUOT) CEO Chuck Ferry on Q1 2021 Results - Earnings Call Transcript

JACKSONVILLE, FL / ACCESSWIRE / May 13, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of intelligent security analytical technology solutions, reported financial results for the first quarter ended March 31, 2021. First Quarter 2021 and Recent Operational Highlights Introduced obliquevue™ and additional perspectives to the Company's current Railcar Inspection Portals (rip®) solution.

Duos Technologies Group Reports First Quarter 2021 Results

JACKSONVILLE, FL / ACCESSWIRE / May 4, 2021 /  Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of intelligent security analytical technology solutions, will hold a conference call on Thursday, May 13, 2021 at 4:30 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2021.

Duos Technologies Sets First Quarter 2021 Earnings Call for Thursday, May 13, 2021 at 4:30 PM ET

Duos Technologies Group Inc (NASDAQ:DUOT) reported that 25 new perspectives have been added to the existing nine on the company's Railcar Inspection Portal solution, with 10 of the new perspectives having been incorporated into Duos' new obliquevue offering. Duos Technologies noted the new system perspectives incorporate the latest in imaging technologies, capturing images at four times the resolution of the current system.

Duos Technologies adds 25 new perspectives to its Railcar Inspection Portal as part of the obliquevue reveal

Comprehensive updates and new standalone offering set industry standard for high-resolution visual AI inspections JACKSONVILLE, FL / ACCESSWIRE / April 13, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Technologies, Inc., announced today that twenty-five (25) new perspectives have been added to the current nine (9) on its industry leading Railcar Inspection Portal (rip®) solution. Of these new perspectives, ten (10) of these have been incorporated into Duos' new obliquevue™ offering.

Duos Technologies Introduces obliquevue and Additional Perspectives to Its Railcar Inspection Portal Solution

JACKSONVILLE, FL / ACCESSWIRE / April 13, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of intelligent security analytical technology solutions, today announced that it will be presenting at the Planet MicroCap Showcase: VIRTUAL on Wednesday, April 21, 2021 at 12:00 PM Eastern Time. Duos Technologies CEO Chuck Ferry will be hosting the presentation and answering questions from investors.

Duos Technologies Group to Present at the Planet MicroCap Showcase: VIRTUAL on Wednesday, April 21, 2021

Duos Technologies Group, Inc. (DUOT) CEO Chuck Ferry on Q4 2020 Results - Earnings Call Transcript

Duos Technologies Group Inc (NASDAQ:DUOT) reported a 195% quarter-over-quarter increase in its 4Q 2020 revenue to $3.8 million, following what the company called “strong”  improvements across all its business segments driven by its ongoing strategic initiatives introduced during the third quarter. Duos Technologies ended the fourth quarter with cash and equivalents totaling $4 million.

Duos Technologies sees 195% sequential revenue growth for 4Q as strategic initiatives pay off

Strong Sequential Improvements Across All Business Segments Driven by Successful Implementation and Execution of Ongoing Strategic Initiatives Introduced in Q3 2020 Company Provides Preliminary 2021 Revenue Guidance of $18.0 Million, Profitability and Positive Cash Flow JACKSONVILLE, FL / ACCESSWIRE / March 25, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of intelligent security analytical technology solutions, reported financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 and Recent Operational Highlights In October, awarded a new contract from existing customer CN, which includes complete North American service, support, maintenance and spare components sourcing for the seven (7) Railcar Inspection Portals (rip®) currently in operation at CN.

Duos Technologies Group Reports Fourth Quarter and Full Year 2020 Results

JACKSONVILLE, FL / ACCESSWIRE / March 11, 2021 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of intelligent security analytical technology solutions, will hold a conference call on Thursday, March 25, 2021 at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2020.

Duos Technologies Sets Fourth Quarter and Full Year 2020 Earnings Call for Thursday, March 25, 2021 at 4:30 PM ET

Building out its technology and services portfolio with 14 patents or patents pending Provides rail train inspections with its proprietary Railcar Inspection Portal (RIP) technology New CEO Charles 'Chuck' Ferry took over in September 2020 What Duos Technologies does:  Duos Technologies Group Inc (NASDAQ:DUOT) offers an array of intelligent technologies and services to support a diverse range of companies' operations and security.  Based in Jacksonville, Florida, Duos specializes in automated systems with a focus on the protection of critical infrastructure, notably the automation of complex mechanical inspections of rail assets.

Duos Technologies full steam ahead under new management with its intelligent technologies

Duos Technologies Group, Inc. (DUOT) CEO Chuck Ferry on Q3 2020 Results - Earnings Call Transcript 

Duos Technologies Group, Inc. (DUOT) CEO Gianni Arcaini on Q2 2020 Results - Earnings Call Transcript

Customer logistics have been getting a little more complicated as a result of pandemic restrictions, which is leading to delays of projects and orders.

Duos Faces Some COVID-19 Headwinds

Zynex Inc

How I Find The Right Start-Up To Invest In

News for Duos Technologies Group Stock (DUOT)