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.

SALT LAKE CITY, Jan. 09, 2023 (GLOBE NEWSWIRE) -- omniQ Corp. (NASDAQ: OMQS) (“omniQ ” or “the Company”), a provider of Artificial Intelligence (AI)-based technology solutions to Supply Chain Automation, Parking, Security and Kiosks announced its subsidiary Dangot Computers Ltd, has received a multi-year, supply and maintenance contract from Clalit, Israel's largest HMO providing Self Service Patient Management Kiosks. The kiosks will be utilized in 14 Hospitals and 2,000 plus clinics serving over 50% of the Israeli population. Estimated value of the contract is $3M. The hospitals and clinics are known for quality, innovation and achieving the coveted JCI Accreditation.

OMNIQ AWARDED A MULTI YEAR SUPPLY CONTRACT FROM “CLALIT” ISRAEL'S LARGEST HEALTH ORGANIZATION, TO PRODUCE, SUPPLY, AND INSTALL SELF SERVICE PATIENT MANAGEMENT KIOSKS WITH AN ESTIMATED VALUE OF $3M.

SALT LAKE CITY, Jan. 04, 2023 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI)-based solutions, today announced that the Company has been selected by the Cities of Mitchellville, Iowa and Jewell, Iowa to deploy its Q Shield Safe City System, based on vehicle recognition systems (VRS) technology and its cloud based citation management platform. Q Shield™ identifies any vehicle driving through the city which is on a National Crime Information Center (NCIC) data base or the cities local Bureau of Investigations Database and cites violators who drive through the city with outstanding traffic violations, and provide notifications for law enforcement and local authorities, that allow proactive actions preventing risks from becoming events. Q Shield™ is used by law enforcement as a force multiplier and a strong investigation tool. The system will also identify additional alerts such as for unregistered vehicles.

OMNIQ'S Q SHIELD™ AI-BASED SAFE CITY SYSTEM, TO BE DEPLOYED IN TWO ADDITIONAL CITIES IN IOWA BRINGING THE TOTAL NUMBER OF CITIES TO 16

SALT LAKE CITY, Dec. 22, 2022 (GLOBE NEWSWIRE) -- omniQ Corp. (NASDAQ: OMQS) (“omniQ ” or “the Company”), a provider of Artificial Intelligence (AI)-based technology solutions to Supply Chain Automation, Parking, Security and self service Kiosks announced that Professor Mina Teicher has been elected to its Board of Directors.

omniQ' Announces the Election of Professor Mina Teicher to the Board of Directors

SALT LAKE CITY, Nov. 17, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Artificial Intelligence (AI)-based solutions and supply chain management, today announced that the Company has been selected by the Cities of Brooklet, Georgia and Ellsworth, Iowa, to deploy its Q Shield vehicle recognition systems (VRS) technology and its cloud based citation management platform. This technology identifies any vehicle driving through the city which is on a National Crime Information Center (NCIC) data base or the cities' local Bureau of Investigations Database and cites violators who drive through the city with outstanding traffic violations, as well as other alerts such as unregistered vehicles.

OMNIQ'S Q SHIELD™ AI-BASED SAFE CITY SYSTEM, SELECTED BY TWO ADDITIONAL CITIES TO COMBAT CRIME AND ENFORCE TRAFFIC VIOLATIONS IN BROOKLET, GA AND ELLSWORTH, IA. RESULTING IN 14 ACTIVE CITY DEPLOYMENTS.

OMNIQ Corp. (NASDAQ:OMQS ) Q3 2022 Earnings Conference Call November 15, 2022 11:00 AM ET Company Participants Shai Lustgarten - Chairman and Chief Executive Officer Neev Nissenson - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Moran Pober - Acquisitions.com John Ragard - Spouting Rock Operator Hello and welcome to the OMNIQ Corporation's Third Quarter 2022 Earnings Conference Call. My name is Ali, and I will be coordinating your call today.

OMNIQ Corp. (OMQS) Q3 2022 Earnings Call Transcript

SALT LAKE CITY, Nov. 14, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its financial results for the three months and nine months ended September 30, 2022.

OMNIQ REPORTS RECORD REVENUE OF $27M FOR Q3 2022 UP 32% OVER Q3 2021 AND RECORD 9 MONTH REVENUE OF $77.5M UP 45% OVER SAME PERIOD OF 2021. - Updated

SALT LAKE CITY, Nov. 14, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its financial results for the three months and six months ended September 30, 2022.

OMNIQ Reports Record Rev of $27M for Q3 2022 up 32% over Q3 2021 and Record 9 Month Revenue of $77.5M up 45% over same period of 2021.

SALT LAKE CITY, Nov. 10, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, will release Third Quarter 2022 Earnings after the market close on Monday, November 14th, 2022. The announcement will be followed by a live earnings call with management the following morning, Tuesday November 15th at 11:00am EST

OMNIQ Schedules Third Quarter 2022 Earnings Release After The Market Close On Monday, November 14th, 2022.

SALT LAKE CITY, Oct. 25, 2022 (GLOBE NEWSWIRE) -- OMNIQ CORP. (NASDAQ:OMQS) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, has received additional purchase order from a Major American Casual Fast Food Chain with 800+ locations.

omniQ Announces Follow on orders for its AI Based Machine Vision System for a Major US Fast Food Chain with 800+ locations.

SALT LAKE CITY, Oct. 17, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that the company has been named a Total Solution Partner for one of the Largest Global Leaders in Enterprise Asset Intelligence. OMNIQ's comprehensive offering will be utilized for manufacturing, fulfilment and distribution solutions. The company, together with their partner allows for quick decision making with easy-to-use robotics management software delivering a fully automated warehouse.

OMNIQ Named a Total Solution Partner for One of The Largest Global Leaders in Enterprise Asset Intelligence for Robotics Supply Chain Management.

SALT LAKE CITY / UTAH, Oct. 11, 2022 (GLOBE NEWSWIRE) -- omniQ Corp. (NASDAQ: OMQS), an object identification company providing Artificial Intelligence (AI)-based technology solutions, has been invited to present at the Microcap Rodeo presents The Windy City Roundup 2022 conference, on October 12th – 13th, 2022. Shai Lustgarten, CEO will present at the conference

omniQ to Present at The MicroCap Rodeo presents The Windy City Roundup 2022 on October 13th.

SALT LAKE CITY, Oct. 10, 2022 (GLOBE NEWSWIRE) -- omniQ Corp. (NASDAQ: OMQS) (“omniQ” or “the Company”), an object identification company providing Artificial Intelligence (AI)-based technology solutions today announced that Israel's Ministry of Health has chosen omniQ's wholly owned subsidiary Dangot Computers Ltd, to supply its Intelligent Healthcare Carts (IHC) providing safer and more efficient health care services to the people of Israel.

omniQ receives an Approximately $10 Million Purchase Agreement for Intelligent Healthcare Carts (IHC) from Israel's Ministry of Health.

SALT LAKE CITY, Oct. 04, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp.   (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that the Company has received a contract to deploy their AI enhanced parking and security solution to its 50th Airport Location, Duluth International (DLH).

omniQ ANNOUNCES a PURCHASE ORDER TO DEPLOY ITS AI- MACHINE VISION SOLUTION IN ITS 50th NORTH AMERICAN AIRPORT LOCATION

SALT LAKE CITY, Sept. 27, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp.  (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that the Company's wholly owned subsidiary – Dangot Computers Ltd - was honored at the opening of Israel's largest and most advanced emergency medical hospital, “The Sylvan Adams Emergency Hospital”.

OMNIQ's SELF-SERVICE PATIENT MANAGEMENT KIOSKS FEATURED IN ISRAEL'S NEWEST STATE OF THE ART EMERGENCY MEDICAL HOSPITAL.

SALT LAKE CITY, Sept. 08, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp.  (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that members of its management team are scheduled to participate in the following upcoming investor conference:

OMNIQ CEO TO PRESENT AT H.C. Wainwright 24th Annual Global Investment Conference - September 12-14, 2022

SALT LAKE CITY, Aug. 19, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp.  (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that members of its management team are scheduled to participate in the following upcoming investor conference:

omniQ CEO to present at Rosenblatt Securities 2nd Annual Technology Summit: The Age of AI Scaling.

OMNIQ Corp. (NASDAQ:OMQS ) Q2 2022 Earnings Conference Call August 15, 2022 11:00 AM ET Company Participants Shai Lustgarten - Chief Executive Officer Neev Nissenson - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Howard Halpern - Taglich Brothers Matt Williams - Friess Associates Operator Good morning, and thank you for joining us for the OMNIQ Corporate Update Call for the Second Quarter and Six Months ending in June 30th, 2022. At this time, all participants are in a listen-only.

OMNIQ Corp. (OMQS) CEO Shai Lustgarten on Q2 2022 Results - Earnings Call Transcript

OMNIQ Corp. (OMQS) delivered earnings and revenue surprises of -76% and 3.16%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

OMNIQ Corp. (OMQS) Reports Q2 Loss, Lags Revenue Estimates

SALT LAKE CITY, Aug. 15, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its financial results for the three months and six months ended June 30 , 2022.

OMNIQ Reports Record 6 months results. $50M in revenue for 6 months ended June 30, 2022.

SALT LAKE CITY, Aug. 11, 2022 (GLOBE NEWSWIRE) -- OMNIQ CORP. (NASDAQ: OMQS) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, has received an initial purchase order from a Major American Casual Fast-Food Chain with 800+ locations.

omniQ Announces Initial Order For a Major US Casual Fast-Food Chain with 800+ locations for Q Shield™, omniQ's Integrated AI – Machine Vision System.

SALT LAKE CITY, Aug. 08, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, will host a conference call and webcast on Monday, Aug 15th, 2022 at 11:00 a.m. Eastern Time to discuss financial results for the first quarter ended June 30th, 2022.

OMNIQ TO HOST SECOND QUARTER EARNINGS CALL ON MONDDAY, AUGUST 15TH, 2022 AT 11:00 AM ET

SALT LAKE CITY, Aug. 02, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that it has received a purchase order with a value of $1 million from a fortune 100 company.

OMNIQ AWARDED AN ADDITIONAL $1 MILLION IN PROJECT FOR SUPPLY CHAIN FORTUNE 100 RETAILER WITH OVER 2300 LOCATIONS IN NORTH AMERICA

SALT LAKE CITY, July 26, 2022 (GLOBE NEWSWIRE) -- OMNIQ CORP. (NASDAQ:OMQS) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, has received an initial order from a Major Retailer with an opportunity to deploy up to 5,000 units in its nation wide locations in North America. This deployment will utilize the Company's Machine Vision solution providing the customer with crucial information about every entering vehicle, enabling improved speeds and more efficient customer service. In addition, the utilization of omniQ's Vehicle Recognition System will allow the customer to recommend products tailored to the vehicles unique specifications helping to drive revenue.

omniQ Awarded an Initial Order for its Q Post™, Integrated AI – Machine Vision System, from a Major Retailer with an opportunity for up to 5,000 units in North America.

SALT LAKE CITY, July 21, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that it has received a purchase order with a value of $4.1 million from a fortune 50 company.

OMNIQ Awarded a $4.1 MILLION Project for Supply Chain Advanced Equipment from a FORTUNE 50 COMPANY

SALT LAKE CITY, June 23, 2022 (GLOBE NEWSWIRE) -- OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence proprietary patented (AI)-based solutions, today announced that its Q Shield system assisted law enforcement in Adrian, Georgia to allocate and return home an elderly man suffering from cognitive memory impairment.

News for OMNIQ Corp Stock (OMQS)