Duos Technologies (DUOT)
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Duos Achieves $28 Million Revenue for 2025
Globenewswire· 2026-02-05 13:00
JACKSONVILLE, Fla., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiaries including Duos Edge AI, Inc., today announces that it achieved its stated revenue guidance for the fiscal year ending December 31, 2025. The Company recorded revenue of $28 million, an estimated 288% increase over the prior year and almost double its previous best year. Duos also expects to achieve positive adjusted EBITDA in the fourth quarter of F ...
Duos Technologies: Should Be On Every Growth Investor’s Radar (NASDAQ:DUOT)
Seeking Alpha· 2026-01-28 09:57
Core Insights - Duos Technologies (DUOT) is considered undervalued and presents a significant market opportunity that has not received adequate attention [1] Company Overview - The analyst has over a decade of experience in financial markets, primarily in hedge funds, focusing on technology sectors such as SaaS and cloud businesses, as well as energy and minerals [1] Investment Thesis - The sectors of technology, energy, and minerals are highlighted as offering incredible growth opportunities, making them attractive for research and investment [1]
Duos Receives Prestigious Award at PTC’26
Globenewswire· 2026-01-22 13:00
“Outstanding Innovation Award” honors transformative impact of Duos’ modular Edge AI infrastructure, advancing digital equity, efficiency, and scalable connectivityJACKSONVILLE, Fla., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Edge AI, Inc. (“Duos Edge AI”), a leading provider of adaptive, modular, and scalable Edge Data Center (“EDC”) solutions, today announced that it has been given the Outstanding Innovat ...
Duos Edge AI Brings another Edge Data Center to Rural Texas
Globenewswire· 2026-01-13 13:00
Core Insights - Duos Technologies Group, Inc. has partnered with Hereford Independent School District to deploy a modular Edge Data Center in Hereford, Texas, enhancing local educational technology and community growth [1][5][6] Group 1: Deployment and Technology - The new Edge Data Center (EDC) provides low-latency compute and connectivity, supporting advanced educational technology and cloud-based learning platforms [3] - Duos Edge AI's EDC platform features a patented ENTRYWAY architecture designed for rapid deployment and operational efficiency, utilizing on-grid power and requiring no water for cooling [4] - The deployment aims to improve digital equity and workforce readiness in the rural community, enabling AI-enabled applications and advanced computing for local businesses [5] Group 2: Company Strategy and Vision - Duos Edge AI focuses on scalable, capital-efficient edge infrastructure, aiming to meet customer demand for secure, low-latency computing [6] - The company is committed to expanding its distributed edge footprint, aligning with its strategy to deliver differentiated infrastructure solutions that drive sustainable growth and recurring revenue opportunities [6] - Duos Edge AI's mission includes bringing advanced technology to underserved communities, particularly in education and healthcare, by deploying high-powered edge computing solutions [7]
Is Duos Technologies (DUOT) One of the Best Performing Micro Cap Stocks in 2025?
Yahoo Finance· 2026-01-08 19:00
Duos Technologies Group Inc (NASDAQ:DUOT) is one of the best performing micro cap stocks in 2025. On December 30, Ascendiant Capital raised its price target on Duos Technologies Group Inc (NASDAQ:DUOT) stock from $11.50 to $14.00 and kept a Buy rating. According to Ascendiant, Duos’ recent major contract was the primary reason for this upgraded outlook. The firm also cited Duos’ leadership in train check service; the Railcar Inspection Portal system, which uses optical tech and AI to automate train checks, ...
9 Best Performing Micro Cap Stocks in 2025
Insider Monkey· 2026-01-07 19:50
Core Insights - The article discusses the strong performance of micro-cap stocks in 2025, highlighting that they experienced significant growth during a year characterized by an "everything rally" across various asset classes [2][3]. Market Performance - The Dow Jones US Micro-Cap Total Stock Market Index gained 12.59% in 2025, while the S&P 500 achieved nearly 17% [2]. - The Russell Micro-Cap Index saw a remarkable recovery, returning 17.03% in Q3 2025 after a 14.39% decline in Q1 [3]. Investment Outlook - Analysts believe that smaller companies are set for meaningful rebounds in 2026, driven by improved macroeconomic conditions and a shift away from speculative stocks [4]. - Factors contributing to this positive outlook include moderated inflation, easing conflicts, stabilized energy prices, and anticipated interest rate cuts by central banks [4]. Methodology for Stock Selection - Micro-cap stocks were defined as companies with market capitalizations between $50 million and $300 million, focusing on those with the strongest year-to-date performance in 2025 [7]. - Hedge fund sentiment was also considered based on Q3 2025 13F filing data [8]. Notable Micro-Cap Stocks - **Duos Technologies Group Inc (NASDAQ:DUOT)**: Market capitalization of $205.17 million with a YTD performance of 49.20%. The company received a price target increase from $11.50 to $14.00 due to a major contract and its leadership in train check services [9][10]. - **Journey Medical Corp (NASDAQ:DERM)**: Market capitalization of $150.49 million with a YTD performance of 80.99%. The company reaffirmed a Buy rating with a $13 price target following positive results from a Phase 1 clinical trial for its FDA-approved medication Emrosi [13][15].
Duos Edge AI Deploys Edge Data Center in Abilene, Texas
Globenewswire· 2026-01-07 13:00
Core Insights - Duos Technologies Group, Inc. is expanding its Edge Data Center (EDC) solutions in Texas through a partnership with Region 14 Education Service Center, aimed at enhancing digital infrastructure for education and community growth in West Texas [1][5] Group 1: Partnership and Deployment - The new EDC in Abilene, Texas, will serve as a carrier neutral colocation facility and computing hub, providing enhanced bandwidth and low-latency AI capabilities to over 40 school districts across an 11-county area [3][4] - This initiative is part of a broader strategy to deploy edge computing solutions tailored to education, healthcare, and enterprise needs, building on previous successful installations in Amarillo, Waco, and Victoria [4] Group 2: Community Impact - The partnership aims to bridge digital divides in rural and underserved communities, enabling faster access to educational tools and AI-driven applications while reducing reliance on distant centralized data centers [3][5] - The EDC is expected to significantly enhance technological capabilities for schools and partners, ensuring equitable access to high-speed computing and AI resources, which will positively impact student learning and teacher development [5] Group 3: Operational Details - The EDC is anticipated to be fully operational in early 2026, with a launch event planned at Region 14 ESC's headquarters in Abilene [5] - Duos Edge AI specializes in high-function EDC solutions that minimize latency and optimize performance, with capabilities to provide over 100 kW per cabinet and rapid deployment within 90 days [7]
Duos Edge AI Expands Within and Beyond Texas
Globenewswire· 2025-12-30 13:00
JACKSONVILLE, Fla., Dec. 30, 2025 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Edge AI, Inc. (“Duos Edge AI”), a provider of adaptive, modular, and scalable Edge Data Center (“EDC”) solutions, today announced its additional deployment in Texas as well as its expansion into the Illinois market, serving the Greater Chicagoland Area. Following continued execution and customer adoption across multiple Texas markets, this milest ...
Duos Technologies (DUOT) - 2025 Q3 - Quarterly Results
2025-11-14 21:30
Revenue Growth - Total revenue for Q3 2025 increased 112% to $6.9 million compared to $3.2 million in Q3 2024, driven by the Asset Management Agreement with New APR Energy[5] - Total revenue for the first nine months of 2025 increased 202% to $17.6 million from $5.8 million in the same period last year[12] - The company expects total revenue for 2025 to range between $28 million and $30 million, representing an increase of 285% to 312% from 2024[19] - Total revenues for the three months ended September 30, 2025, were $6,877,283, a significant increase from $3,238,910 in the same period of 2024, representing a growth of 113%[28] - The company reported $5,152,805 in revenues from services and consulting related parties for the three months ended September 30, 2025, with no comparable revenue in the same period of 2024[28] Profitability and Loss - Gross margin for Q3 2025 improved 174% to $2.5 million from $0.9 million in Q3 2024, primarily due to the performance under the AMA[7] - Net loss for Q3 2025 decreased by 26% to $1.04 million compared to a net loss of $1.4 million in Q3 2024, attributed to increased revenues from the AMA[10] - The gross margin for the nine months ended September 30, 2025, was $5,349,017, compared to $799,167 for the same period in 2024, indicating a substantial improvement in profitability[28] - The net loss for the three months ended September 30, 2025, was $1,040,254, a decrease from a net loss of $1,401,663 in the same period of 2024, reflecting a 26% improvement[28] - For the nine months ended September 30, 2025, the net loss was $6,637,948, an improvement from a net loss of $7,358,143 in the same period of 2024, representing a decrease of approximately 9.8%[34] - The basic and diluted net loss per share for the three months ended September 30, 2025, was $(0.06), an improvement from $(0.18) in the same period of 2024[28] Cash and Liquidity - Cash and cash equivalents at September 30, 2025, totaled $33.20 million, up from $6.27 million at December 31, 2024[11] - Cash and cash equivalents increased to $33,201,498 as of September 30, 2025, up from $6,266,296 at December 31, 2024, showing a significant liquidity improvement[30] - The company ended the period with cash of $33,201,498, compared to $646,113 at the end of the same period in 2024, marking an increase of approximately 5,128%[34] Operating Expenses - Operating expenses for Q3 2025 increased 28% to $3.6 million compared to $2.8 million in Q3 2024, largely due to non-cash stock-based compensation[8] - Operating expenses for the nine months ended September 30, 2025, totaled $11,695,308, compared to $8,696,909 for the same period in 2024, reflecting a 34% increase[28] - Depreciation and amortization expenses rose to $1,962,342 from $1,472,965, reflecting an increase of approximately 33.3%[34] - Stock-based compensation increased significantly to $3,103,309 from $281,405, representing an increase of approximately 1,103%[34] Assets and Liabilities - Total assets reached $69,794,280 as of September 30, 2025, compared to $34,958,677 at December 31, 2024, indicating a growth of 100%[30] - The company had total liabilities of $20,292,465 as of September 30, 2025, down from $32,697,346 at December 31, 2024, indicating a reduction of 38%[30] - The company reported a significant increase in contract liabilities, which rose to $6,462,375 from $0, indicating a new liability category[34] Investments and Financing - The company raised over $50 million to capitalize on growth in the data center market and retired all debt[3] - Cash flows from investing activities totaled $7,873,079, significantly higher than $1,555,544 in the previous year, reflecting an increase of approximately 406%[34] - Cash provided by financing activities was $45,840,224, a substantial increase from $5,959,962 in the same period last year, representing an increase of approximately 668%[34] - The company made substantial investments in property and equipment, totaling $7,813,557, compared to $1,547,439 in the previous year, an increase of approximately 405%[34] Future Outlook - The company anticipates potential increases in recurring revenue and improvements in gross margin as part of its future growth strategy[25] - The company has a contract backlog of approximately $25.8 million, with $12.4 million expected to be recognized in the remainder of 2025[18] - Duos Technologies announced the deployment of its sixth Edge Data Center, with nine additional data centers scheduled for Q4 2025[3]
Duos Technologies (DUOT) - 2025 Q3 - Quarterly Report
2025-11-13 21:31
Revenue Growth - Revenues for the three months ended September 30, 2025, increased by 112% to $6,877,283 compared to $3,238,910 in the same period of 2024[298]. - Services and consulting revenue surged by 324% to $6,589,373, primarily driven by the Asset Management Agreement with New APR, generating $4,248,680 in revenue[300]. - Total revenues for the nine months ended September 30, 2025, reached $17,565,509, a 202% increase from $5,820,086 in 2024[311]. - Services revenue for the nine months ended September 30, 2025, increased by 377% to $17,163,518, primarily driven by the AMA with New APR[312]. Cost and Expenses - The cost of revenues for the three months ended September 30, 2025, rose by 88% to $4,360,881, reflecting increased costs associated with services and consulting[303]. - Operating expenses for the three months ended September 30, 2025, totaled $2,839,379, a 28% increase from $3,632,382 in 2024, with general and administration costs rising by 66%[307]. - Operating expenses for the nine months ended September 30, 2025, increased by 34% to $11,695,308, with general and administration costs rising by 71%[320]. Profitability and Loss - The gross margin for the quarter was $2,516,402, compared to $919,099 in the same quarter of 2024[298]. - Gross margin for the three months ended September 30, 2025, improved by 174% to $2,516,402, driven by the execution of the AMA with New APR[306]. - Net loss for the three months ended September 30, 2025, decreased by 26% to $1,040,254 from $1,401,663 in 2024, with net loss per share improving to $0.06 from $0.18[310]. - Net loss for the nine months ended September 30, 2025, was $6,637,948, a 10% decrease from $7,358,143 in 2024, with net loss per share improving to $0.49 from $0.98[324]. Cash Flow and Financing - Net cash used in operating activities increased to $11,031,943 for the nine months ended September 30, 2025, compared to $6,200,147 for the same period in 2024[326]. - Net cash used in investing activities rose to $7,873,079 in 2025 from $1,555,544 in 2024, reflecting ongoing investments in capitalized construction-in-progress costs for edge data centers[327]. - The company generated $45,840,224 from financing activities in the first nine months of 2025, significantly up from $5,959,962 in 2024, primarily due to an ATM offering and a public stock offering[328]. Strategic Initiatives - The Company is actively deploying Edge Data Centers, with the first site operational as of September 30, 2025, and an additional 14 expected to be operational in Q4 2025[291]. - The Company is shifting to a modular and subscription-based approach for its Railcar Inspection Portal, enhancing recurring revenue streams through "RIP-as-a-Service"[291]. - The Company anticipates continued growth in services revenue from power, hosting, and related data center services throughout 2025 and into 2026[302][315]. - Management is focused on cost elimination and realigning resources to improve growth and profitability, with a positive outlook on contracted backlog and new commercial projects[334]. Financial Position - As of September 30, 2025, the company reported a working capital surplus of $27,574,533 and a net loss of $6,637,948 for the nine months ended September 30, 2025[325][332]. - The accumulated deficit as of September 30, 2025, was $81,005,957, indicating ongoing financial challenges despite a working capital surplus[332]. - The company raised over $11,500,000 from the sale of Series E and F Convertible Preferred Stock in 2023, and additional capital through various offerings in 2024 and 2025, strengthening its financial position[333]. Investments and Assets - The Company holds a 5% interest in Sawgrass Parent, accounting for it as an Equity Method Investment with an initial carrying value of $7.2 million[348][349]. - The Company recorded $7.2 million of deferred revenue for services to be performed under the AMA, with no revenue recognized during the year ended December 31, 2024[349]. - An intangible asset valued at $11,161,428 was recorded in May 2024, representing non-monetary consideration under a 5-year customer contract for maintenance services[356]. - The intangible asset is amortized over its useful life of five years, with an immediate amortization of $199,008 related to pre-contract costs[358][359]. Impairment and Valuation - The Company assesses its equity method investment for impairment, with no impairment losses recognized during the year ended December 31, 2024, or the nine months ended September 30, 2025[355]. - The Company has not indicated any impairment of the intangible asset as of September 30, 2025[361]. - The Hypothetical Liquidation at Book Value (HLBV) method is used to reflect the Company's claim on net assets under the Agreement with Sawgrass Parent[351]. - The Company will continue to present the equity method investment at its initial fair value unless the HLBV calculation yields a profit or the investment becomes impaired[353]. - The Company expects its hypothetical claim on net assets to remain zero until other investors have received their Total Contributed Capital and the MOIC Threshold has been met[352].