AirIQ Announces June 30, 2024 Quarterly Results Company Reports Record Recurring Revenue
AirIQ Announces June 30, 2024 Quarterly Results Company Reports Record Recurring Revenue
TORONTO, ON / ACCESSWIRE / August 16, 2024 / AirIQ Inc. ("AirIQ") (TSXV:IQ), a leader in IoT-based asset management solutions since 1997, today announced its financial results for the three months ended June 30, 2024, reporting record recurring revenues since it began tracking this metric.
加拿大多倫多,2024年8月16日 / ACCESSWIRE / 物聯網領域資產管理解決方案領導廠商AirIQ Inc. ("AirIQ") (TSXV:IQ) 自1997年成立以來,今日公佈截至2024年6月30日的三個月財務報告,報告顯示自開始追蹤該指標以來,重獲收入創下歷史紀錄。
First Quarter Highlights (for the three months ended June 30, 2024 compared to June 30, 2023)
本季度一季度亮點(截至2024年6月30日,與2023年6月30日相比)
Recurring revenue of $1,172,940 increased by 7% or $72,890 compared to $1,100,050.
Gross margin of 56% increased compared to 55%.
Cash and cash equivalents of $3,433,778 increased by 22% or $616,077 compared to $2,817,701.
Sales and marketing expense of $371,790 increased by 80% or $164,741 compared to $207,149 as part of an aggressive investment into driving future recurring revenue growth.
重獲收入爲1,172,940美元,比1,100,050美元增加了7%或72,890美元。
毛利率爲56%,比55%增加。
現金及其等價物爲3,433,778美元,比2,817,701美元增加了22%或616,077美元。
銷售和營銷費用爲371,790美元,比207,149美元增加了80%或164,741美元,這是對未來重獲收入增長的積極投資。
"We are very encouraged by the increase in our recurring revenue this quarter, which rose by 7% compared to the prior year", said Mike Robb, President and Chief Executive Officer of AirIQ. "In addition, we have made a significant investment in sales, marketing, and further business development to position AirIQ to materially increase the growth rate of recurring revenue to deliver even more value to our shareholders", continued Mr. Robb
AirIQ的總裁兼首席執行官Mike Robb表示:"我們對本季度的重獲收入增長達到了7%感到非常鼓舞。此外,我們還進行了大量的銷售、營銷和業務發展投資,以使AirIQ能夠從根本上提高重獲收入的增長率,爲我們的股東提供更大的價值"。
All dollar amounts set out herein are in Canadian dollars.
此處所述的所有金額爲加元。
Normal Course Issuer Bid
普通股回購計劃
On June 24, 2024, the Company filed a Notice of Intention to Make a Normal Course Issuer Bid (the "Bid") to purchase up to 1,468,004 common shares representing 5% of the Company's then current issued and outstanding common shares through the facilities of the TSXV during the period commencing June 27, 2024 and ending on June 26, 2025. The Company's broker for the bid is Hampton Securities Limited. The Company has repurchased 17,500 shares for cancellation during the three months ended June 30, 2024.
於2024年6月24日,公司提交了一份正常情況下發行者競購通知書("Bid"),計劃在2024年6月27日至2025年6月26日期間通過TSXV設施購買至多1,468,004股普通股,代表公司當時已發行和流通的普通股的5%。本次競購的經紀商是漢普頓證券有限公司。在截至2024年6月30日的三個月內,公司已回購了17,500股用於註銷。
Financial Statements & MDA
基本報表&MDA
The Company's unaudited consolidated condensed interim financial statements include the accounts of AirIQ and its subsidiaries, AirIQ U.S. Holdings, Inc., AirIQ U.S., Inc., and AirIQ, LLC. All inter-company balances and transactions have been eliminated on consolidation.
公司未經審計的合併簡明中期財務報表包括AirIQ及其下屬公司(AirIQ美國控股公司、AirIQ美國公司和AirIQ有限責任公司)的賬目。所有公司間餘額和交易均在合併時被消除。
The Company's unaudited consolidated interim financial statements for the three months ended June 30, 2024 and 2023 including notes thereto, and Management's Discussion and Analysis for the same period are being filed with the Canadian securities regulatory authorities on today's date, and will be available on the Company's website () and on the System for Electronic Document Analysis and Retrieval ("SEDAR") website (). The Company's financial statements include the accounts of AirIQ and its subsidiaries, AirIQ U.S. Holdings, Inc., AirIQ U.S., Inc., and AirIQ, LLC. All inter-company balances and transactions have been eliminated on consolidation.
公司截至2024年6月30日和2023年的未經審計的合併中期財務報表(含註釋)和同期的管理討論與分析報告已在當天提交加拿大證券監管機構,將在公司網站()和電子文件分析和檢索系統("SEDAR")網站上提供。公司的財務報表包括AirIQ及其下屬公司(AirIQ美國控股公司、AirIQ美國公司和AirIQ有限責任公司)的帳戶。所有公司間餘額和交易均在合併時被消除。
About AirIQ
關於AirIQ AirIQ (TSXV:IQ)成立於1997年,是IoT基礎資產管理解決方案的先驅。AirIQ的解決方案可使商業企業以可靠、高效和有效的方式幾乎實時地監測資產。公司開發了基於iOS、Android移動設備和基於雲端的解決方案,可作爲獨立解決方案或可輕鬆與現有軟件集成。AirIQ的解決方案可支持多個硬件選項,並提供車隊報告、維護、合規、安全和分析功能,同時還提供了一個完全集成的視頻遠程監控攝像頭解決方案以及針對非動力資產的電池供電解決方案。更多有關AirIQ的信息,請訪問公司的網站或關注我們在LinkedIn、Facebook、Twitter和Instagram上的動態。
AirIQ (TSXV: IQ) was founded in 1997 and is a pioneer in IoT based asset management solutions. AirIQ's solutions allow commercial businesses to reliably, effectively and efficiently monitor assets in near real time. The Company develops iOS and Android mobile and web-based applications, and cloud-based solutions that stand-alone or that can be readily integrated with existing software. AirIQ solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery powered solution for non-powered assets. For additional information on AirIQ please visit the Company's website at or follow us on LinkedIn.
AirIQ (tsxv: IQ)成立於1997年,是物聯網資產管理解決方案領域的先驅。AirIQ的解決方案可以讓商業企業以幾乎實時的方式可靠、有效地監控資產。該公司開發iOS 和Android 移動和基於web 的應用程序,並提供可以獨立使用或可以輕鬆集成現有軟件的基於雲的解決方案。AirIQ的解決方案可以支持混合車隊,並利用多種硬件選項進行車隊報告、維護、合規性、安全性和分析,包括完全集成的視頻遙測攝像頭解決方案和用於非動力資產的電池解決方案。有關AirIQ的更多信息,請訪問該公司的網站或關注我們的LinkedIn頁面。
Forward-looking Statements
前瞻性聲明
This news release contains forward-looking information based on management's best estimates and the current operating environment. These forward-looking statements are related to, but not limited to, AirIQ's operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains statements with words such as "hope", "goal", "anticipate", "believe", "expect", "plan" or similar words suggesting future outcomes. These statements are based upon certain material factors or assumptions that were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking statements, including AirIQ's perception of historical trends, current conditions and expected future developments as well as other factors management believes are appropriate in the circumstances. Such forward-looking statements are as of the date which such statement is made and are subject to a number of known and unknown risks, uncertainties and other factors, which could cause actual results or events to differ materially from future results expressed, anticipated or implied by such forward-looking statements. Such factors include, but are not limited to, changes in market and competition, technological and competitive developments and potential downturns in economic conditions generally. Therefore, actual outcomes may differ materially from those expressed in such forward-looking statements. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Other than as may be required by law, AirIQ disclaims any intention or obligation to update or revise any such forward-looking statements, whether as a result of such information, future events or otherwise.
本新聞稿包含管理層基於最佳估計和當前運營環境所給出的前瞻性信息。這些前瞻性陳述涉及AirIQ的業務、預計的財務表現、業務前景和策略。前瞻性信息通常包含帶有"希望"、"目標"、"預期"、"相信"、"期望"、"計劃"或類似字眼的語句,暗示着未來的結果。這些陳述是基於某些具體的重要因素或假設進行的,這些因素或假設是涉及經營歷史趨勢、現有情況和預期未來發展以及管理層認爲在這種情況下適當的其他因素中進行的。這些前瞻性陳述是從發表此聲明之日起算的,並且需要承受一定已知和未知的風險、不確定性和其他因素的影響,這些風險、不確定性和其他因素可能會使實際結果或事件受到影響,這些結果或事件由此得出的預測、預期或暗示可能與實際結果不同。這些因素包括但不限於市場和競爭的變化、技術和競爭發展以及經濟條件普遍下滑的可能性。因此,實際結果可能與此類前瞻性陳述中表述的結果不同。前瞻性陳述是爲了提供有關管理層當前的期望和計劃,以便與讀者共享有關的信息。我們提醒讀者,這些信息可能不適合其他目的。除法律規定外,AirIQ不承擔任何意向或義務更新或修訂任何此類前瞻性陳述,無論是因此類信息、未來事件或其他原因引起的。
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For more information please contact:
欲了解更多信息請聯繫::
AirIQ Inc.,
Michael Robb, President and Chief Executive Officer,
(905) 831-6444
mrobb@airiq.com
AirIQ Inc.,
Michael Robb,總裁兼首席執行官,
(905) 831-6444
mrobb@airiq.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX tsx Venture交易所及其監管服務提供商(如TSX Venture交易所的政策中所定義的那樣)不承擔此發佈的充分性或準確性的責任。
SOURCE: AirIQ, Inc.
來源:AirIQ,Inc。
譯文內容由第三人軟體翻譯。