AITX's Quarterly Revenue Up 50%, Forecasts Up to 5x Possible Growth for FY2024
AITX is a fully reporting SEC company that files detailed annual and quarterly reports with the SEC.
- AITX is a fully reporting SEC company that files detailed annual and quarterly reports with the SEC.
- Highlights from Q3 of Fiscal Year 2023:
During Q3, there was a 50% increase in revenue from Q2, moving from $267,484 to $402,399. - Recurring monthly revenue on units purchased by this particular client begins after 24 months of deployment.
- FY2024 will feature balancing efforts on cost savings with accelerated growth in order to increase probability of achieving targeted positive cash flow targets.