OMNIQ Corp

OMNIQ Corp. provides computerized and machine vision image processing solutions. It uses patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications. The company's services and technology helps clients to move people, assets and data through airports, warehouses, schools, national borders, and many other applications and environments. It serves government agencies and companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. The company was founded in 1973 and is headquartered in Salt Lake City, UT.

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

OMNIQ Corp reports robust Q1 earnings and accelerates AI innovations

OMNIQ Corp's Q1 2024 earnings call highlighted strong financial performance, strategic investments in AI and Fintech sectors, and a focus on profitability and operational efficiency.
The company's progress in reducing operating losses, increasing gross profit, and advancing AI products underscore its commitment to growth and innovation.
With a solid foundation in place, OMNIQ is poised to navigate challenges, capitalize on opportunities, and drive continued success in the evolving tech landscape.

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

OMNIQ Corp. engages in the provision of computerized and machine vision image processing solutions. It uses patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications. The company's services and technology help clients to move people, assets and data through airports, warehouses, schools, national borders, and many other applications and environments. It serves government agencies and companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. The company was founded in 1973 and is headquartered in Salt Lake City, UT.

OMNIQ Corp. (OTCPK:OMQS) Q3 2024 Earnings Conference Call November 15, 2024 11:00 AM ET Company Participants Shai Lustgarten - Chairman and Chief Executive Officer Conference Call Participants Operator Hello, and welcome to the OMNIQ Corporation's Third Quarter 2024 earnings conference call. My name is Ali, and I will be your coordinator for your call today.

OMNIQ Corp. (OMQS) Q3 2024 Earnings Call Transcript

SALT LAKE CITY, Nov. 14, 2024 (GLOBE NEWSWIRE) -- omniQ Corporation (OTCMKTS: OMQS) ("omniQ" or "the Company"), reports third quarter 2024 revenue of $18.5 million, signifying 7.57% YoY growth, as well as significant decreases in operational expenses and net loss. FINANCIAL HIGHLIGHTS: Revenue: OMNIQ reported revenue of $18,549,000 for Q3 2024, a modest increase from $17,244,000 in Q3 2023, marking a 7.57% year-over-year growth.

OMNIQ Reports $18.5 Million Revenue in the Third Quarter 2024

SALT LAKE CITY, Nov. 12, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTC: OMQS) (“OMNIQ” or the “Company”), a provider of automation solutions including machine vision AI and IoT–based solutions will release Third Quarter 2024 Earnings after the market close on Thursday, November 14th, 2024. The announcement will be followed by a live earnings call with management the following morning, Friday, November 15th, 2024, at 11:00 AM EST.

OMNIQ Schedules Third-Quarter 2024 Earnings Call

SALT LAKE CITY, Nov. 11, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS), a leader in automation-enhancing IoT and machine vision solutions, is pleased to announce a recent series of purchase orders totaling $3.4 million from a longstanding retail client. These recent orders, underscore the strength of the decade-long collaboration between OMNIQ and the retail chain, reinforcing both companies' commitment to innovation in operational efficiency.

OMNIQ Receives $3.4 Million in New Purchase Orders from Leading Retail Customer

Continues its two-decade partnership with a major 3PL provider. Expanded deployment of IoT devices and Subscription Services.

OMNIQ Secures $1.4 Million Contract Renewal with Leading Transportation & Logistics Giant

SALT LAKE CITY, Oct. 24, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTC: OMQS), a leading provider of Artificial Intelligence (AI)-based solutions and advanced machine vision systems, is pleased to announce its participation in the upcoming ThinkEquity Investors Conference. The event will take place on October 30th, 2024, in New York, New York.

OMNIQ Corp. to Present at the ThinkEquity Investors Conference

OMNIQ invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com OMNIQ invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com

OMNIQ to Present at the Small Cap Virtual Investor Conference October 10th

Novonix Ltd

Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com

Small Cap Growth Virtual Investor Conference Agenda Announced for October 10th

OMNIQ secures a $2.5M order from a top retail chain, advancing a decade-long partnership with new IoT devices, enhancing inventory and logistics efficiency

OMNIQ Receives $2.5 Million Purchase Order, Strengthening Decade-Long Partnership with Leading Retail Chain

Significant Milestone: This partnership marks a crucial development in OMNIQ's strategic expansion within the fintech industry. Enhancing Fintech Solutions: SHVA processes millions of transactions monthly, playing a key role in Israel's financial sector.

OMNIQ Announces Collaboration Agreement With SHVA, Strengthening Fintech Capabilities to Provide a Total Customer Solution

SALT LAKE CITY, Aug. 14, 2024 (GLOBE NEWSWIRE) -- omniQ Corporation (OTCQB: OMQS) ("omniQ" or the “Company"), a leading provider of Artificial Intelligence (AI)-based solutions, today reported revenues of approximately $19.1 million in the second quarter, marking an improvement from the previous quarter. FINANCIAL HIGHLIGHTS: Key Improvements Compared to 2023 Gross margin for the three months ended June 30, 2024, substantially increased to 26% compared to 19% in Q2 2023 Gross margin for the six months ended June 30, 2024, increased to 27% compared to 20% in the same period of 2023.

OMNIQ Increases Sequential Revenue to $19.1M, Achieves a Strong Margin of 26% and Reduces Operating Expenses in Second Quarter of 2024

Combines Ingenico's payment solutions with OMNIQ's fintech software. Aligns with OMNIQ's expertise in technology solutions for various sectors.

OMNIQ Corp Forms Strategic Alliance with Ingenico to Enhance Fintech Solutions

SALT LAKE CITY, Aug. 13, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or the “Company”), a provider of Artificial Intelligence (AI) and IoT–based solutions will release Second Quarter 2024 Earnings after the market close on August 14th, 2024. The announcement will be followed by a live earnings call with management the following morning, Thursday, August 15th, 2024, at 8:30 AM EST.

OMNIQ Schedules Second-Quarter 2024 Earnings Call

SALT LAKE CITY, Aug. 05, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) ("OMNIQ" or "the Company"), a leading provider of AI-based solutions and supply chain management, proudly announces the deployment of its advanced AI-based parking control solution, PERCS™, integrated with WPS Parking Solutions and Citywide Solutions, Inc. (CSI), at a prominent medical center in Ohio. This strategic implementation will create ongoing SaaS and revenue share streams of income for omniQ® and underscores The Company's commitment to enhancing operational efficiency and security in critical healthcare environments.

omniQ Deploys AI-Based Parking Control Solution at Major Ohio Medical Center

Trading to Continue Under Same Ticker Symbol OMQS Salt Lake City, June 26, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTC PINK: OMQS) (“OMNIQ” or “the Company”), a leading provider of Artificial Intelligence (AI)-based solutions for supply chain management and data processing, today announced that its stock has transitioned from NASDAQ to the OTC Markets. OMNIQ's stock continues to trade under the ticker symbol OMQS, ensuring uninterrupted market activity for its shareholders.

OMNIQ Corp. Announces Transition from NASDAQ to OTC Markets

OMNIQ Corp. (OTC:OMQS) Q1 2024 Results Conference Call May 16, 2024 9:00 AM ET Company Participants Shai Lustgarten - Chairman and Chief Executive Officer Conference Call Participants Moran Pober - Acquisitions.com Operator Hello and welcome to the OMNIQ Corp's First Quarter 2024 Earnings Conference Call. My name is Ali and I will be coordinating your call.

OMNIQ Corp. (OMQS) Q1 2024 Earnings Call Transcript

Salt Lake City, May 15, 2024 (GLOBE NEWSWIRE) -- omniQ Corporation (OTC PINK: OMQS) ("omniQ" or "the Company"), a leading provider of Artificial Intelligence (AI)-based solutions, today reported substantial progress towards achieving financial stability in its quarterly earnings for Q1 2024. The Company has demonstrated a commendable reduction in operational costs and enhanced sales performance, underscoring its commitment to excellence and shareholder value.

OMNIQ REPORTS SIGNIFICANT FINANCIAL IMPROVEMENTS FOCUSING ON PROFITABILITY AND OPERATIONAL EFFICIENCY IN Q1 2024 EARNINGS

SALT LAKE CITY, May 13, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTC PINK: OMQS) (“OMNIQ” or the “Company”), a provider of Artificial Intelligence (AI) and IoT–based solutions will release First Quarter 2024 Earnings after the market close on Wednesday, May 15th, 2024. The announcement will be followed by a live earnings call with management the following morning, Thursday, May 16th, 2024, at 9:00 AM EST. You can join the call by visiting www.omniQ.com or by using the link provided below.

OMNIQ SCHEDULES FIRST-QUARTER 2024 EARNINGS CALL

SALT LAKE CITY, May 08, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTC Pink: OMQS) (“OMNIQ” or “the Company”), a global leader in AI-based machine vision solutions for data processing and analytics, today announced that the Company has submitted an application to list the trading of its common stock to the OTCQX marketplace from its current listing on the OTC PINK marketplace. The listing of the Company's common shares on OTCQX remains subject to the approval of OTCQX and the satisfaction of applicable listing requirements.

OMNIQ ANNOUNCES SUBMISSION OF APPLICATION TO OTCQX

SALT LAKE CITY, April 29, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a global leader in AI-based machine vision solutions for data processing and analytics, is proud to announce a significant upgrade to the parking control system at Dallas Fort Worth International Airport (DFW), an international leader in access solutions and management.

OMNIQ ANNOUNCES STRATEGIC AI–BASED VEHICLE RECOGNITION SYSTEM UPGRADE AT DFW AIRPORT TO ENHANCE TRAVELER EXPERIENCE AND OPERATIONAL EFFICIENCY OF THEIR MOBILITY PLATFORM.

SALT LAKE CITY, April 18, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a leader in advanced technology solutions, is pleased to announce the release of seeQ, a new device management software application that enables a proactive approach to traffic and device management. Already in use across five hundred lanes, this release highlights OMNIQ's dedication to leading with innovative products that enhance customer satisfaction by using machine vision to actively manage and improve operations.

OMNIQ ANNOUNCES THE LAUNCH OF SEEQ: INNOVATIVE CUSTOMER SITE & DEVICE MANAGEMENT SOFTWARE APP, FOR ENHANCED OPERATIONAL EFFICIENCY OF ITS AI MACHINE VISION SOLUTION

SALT LAKE CITY, April 17, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a leader in supply chain and artificial intelligence (AI)-based solutions, announced today that its wholly-owned subsidiary, Dangot Computers Ltd, has secured a significant purchase order. The order includes the deployment of OMNIQ's interactive consumer management kiosks across the customer's locations, providing services to over 80% of the nation's population and businesses. This order is anticipated to be the first of multiple orders.

OMNIQ's SELF-SERVICE INTERACTIVE CONSUMER MANAGEMENT KIOSKS FEATURED BY ISRAEL'S LARGEST ENERGY COMPANY

OMNIQ Corp. (NASDAQ:OMQS ) Q4 2023 Earnings Conference Call April 2, 2024 9:00 AM ET Company Participants Shai Lustgarten - Chairman and Chief Executive Officer Conference Call Participants Operator Hello and welcome to the OMNIQ Corp's Fourth Quarter 2023 Earnings Conference Call. My name is Ali and I will be your coordinator for today's call.

OMNIQ Corp. (OMQS) Q4 2023 Earnings Call Transcript

SALT LAKE CITY, April 01, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or the “Company”), a provider of Artificial Intelligence (AI) and IoT–based solutions will release Full Year 2023 Earnings after the market close on Monday, April 1st, 2024. The announcement will be followed by a live earnings call with management the following morning, Tuesday, April 2nd, 2024, at 9:00 AM EST.

OMNIQ ANNOUNCES 2023 REVENUE OF $81.4 MILLION

SALT LAKE CITY, March 28, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or the “Company”), a provider of Artificial Intelligence (AI) and IoT–based solutions will release Full Year 2023 Earnings after the market close on Monday, April 1st, 2024. The announcement will be followed by a live earnings call with management the following morning, Tuesday, April 2nd, 2024 at 9:00 AM EST.

News for OMNIQ Corp Stock (OMQS)