Earnings Call Summary | OMNIQ Corp(OMQS.US) Q4 2023 Earnings Conference
Earnings Call Summary | OMNIQ Corp(OMQS.US) Q4 2023 Earnings Conference
The following is a summary of the OMNIQ Corp. (OMQS) Q4 2023 Earnings Call Transcript:
以下是OMNIQ Corp.(OMQS)2023年第四季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
OMNIQ reported Q4 revenue of around $15.5 million with gross margin at 30.5% and total operating expenses before noncash impairment costs were $6.5 million, saving $1.2 million compared to Q4 2022.
The company however had a net loss of $17.8 million largely due to a $14.7 million non-cash impairment expense. The overall net loss for 2023 was notably higher at $29.4 million compared to 2022's $13.6 million.
Total revenue and gross profit for 2023 also decreased compared to 2022. Despite this, OMNIQ's Q4 cash balance increased by $600,000.
OMNIQ報告稱,第四季度收入約爲1,550萬美元,毛利率爲30.5%,扣除非現金減值成本前的總運營支出爲650萬美元,與2022年第四季度相比節省了120萬美元。
然而,該公司的淨虧損爲1,780萬美元,這主要是由於1470萬美元的非現金減值支出。與2022年的1,360萬美元相比,2023年的總淨虧損明顯增加,達到2940萬美元。
與2022年相比,2023年的總收入和毛利潤也有所下降。儘管如此,OMNIQ第四季度的現金餘額還是增加了60萬美元。
Business Progress:
業務進展:
OMNIQ maintained operations with key partnerships, including a multi-year contract in Israel's largest logistics center and AI technology security enhancement for key US airport locations.
The company made notable advancements in AI and fintech field by introducing AI-based in-car face-detection technology and acquiring fintech software company CodeBlocks.
Other wins include a contract for installing self-service taxi kiosks at Ben Gurion Airport in collaboration with Gett taxi and modernizing tech setup for 450 sporting goods stores in the US.
Future growth is expected through cost reductions, innovations, and increased sales with premier customers.
OMNIQ通過關鍵合作伙伴關係維持運營,包括在以色列最大的物流中心簽訂爲期多年的合同,以及對美國主要機場地點的人工智能技術安全性增強。
該公司通過引入基於人工智能的車載人臉檢測技術並收購金融科技軟件公司CodeBlocks,在人工智能和金融科技領域取得了顯著進展。
其他勝利包括與Gett taxi合作在本古裏安機場安裝自助出租車售貨亭的合同,以及對美國450家體育用品商店的技術設置進行現代化改造。
通過降低成本、創新和增加對主要客戶的銷售,未來的增長有望實現。
More details: OMNIQ Corp IR
更多詳情: OMNIQ Corp I
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譯文內容由第三人軟體翻譯。