SALT LAKE CITY, May 15, 2025 (GLOBE NEWSWIRE) -- OMNIQ CORP. (OTCMKTS: OMQS) ("omniQ" or "the Company"), reports a first quarter 2025 revenue of $19.9 million, which signifies an 8.7 percent increase Year-over-Year. FINANCIAL SUMMARY In Q1 2025, the Company reported revenue of $19.9 million, marking an increase of 8.7 percent compared to $18.3 million in Q1 2024. Net loss for the quarter remained steady at $2.1 million, unchanged from the same period last year. Basic loss per share from continuing operation ...

FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________ to__________ Commission File Number: 001-40768 OMNIQ Corp. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorp ...

Core Insights - OMNIQ Corporation reported year-end 2024 revenue of $73.5 million, a decrease from $81.19 million in 2023, reflecting a year-over-year decline of approximately 9% [3][4][9] - The company achieved a significant reduction in loss from operations, posting a loss of $6.9 million in 2024 compared to $26.2 million in 2023, marking a 74% decrease [4][9] - Comprehensive loss for 2024 was $9.3 million, down from $29 million in the prior year, representing a 68% decrease [5][9] Financial Performance - Consolidated revenue for 2024 was $73.57 million, down from $81.19 million in 2023, a decrease of $7.6 million [3] - Cost of goods sold in 2024 totaled $58 million, representing 79% of total revenue, compared to $65 million and 81% in 2023 [3] - Gross profit for 2024 was $15.4 million, relatively stable compared to $15.7 million in 2023 [4][9] Operational Efficiency - Selling, General and Administrative (SG&A) expenses decreased to $19.5 million in 2024 from $23 million in 2023, a reduction of 15% [5][9] - Total operating expenses for 2024 were $22.3 million, down from $41 million in 2023, reflecting a decrease of 47% [6] - The company reduced net loss attributable to common stockholders to $10 million in 2024, down from $29.4 million in 2023, with basic loss per share improving to $0.94 from $3.50 [7][9] Strategic Initiatives - In 2024, OMNIQ introduced new technologies, including the seeQ SaaS product, and launched pilot programs across various industries [8][10] - The company focused on integrated solutions over commodity hardware sales and deepened partnerships with fintech providers [13] - OMNIQ's IoT division performed well, with significant orders from various sectors, including $5 million from a major food and drug retail chain [12] Market Position and Future Outlook - OMNIQ's proprietary machine vision technologies are utilized in critical applications such as Homeland Security and parking automation, enhancing its competitive edge [17] - The company is evaluating strategic acquisitions to expand its portfolio and strengthen its market position [18] - Looking ahead to 2025, OMNIQ expects continued upward trends with several major projects in motion or entering pilot phases [21]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40768 OMNIQ CORP. (Exact name of Registrant as specified in its charter) Delaware 20-3454263 (State or other jurisdiction of (IRS Employer incorporation or organization) Identifica ...

This order follows multiple high-value purchase orders in Q4 2024 and Q1 2025, reinforcing OMNIQ’s role in driving efficiency and innovation across retail, logistics, and manufacturing.Trusted Partner: Our six-year collaboration reflects a commitment to delivering cutting-edge solutions.Enhancing LTL Operations: With locations in 13 states, this LTL leader relies on OMNIQ to optimize efficiency, accuracy, and fleet management. SALT LAKE CITY, March 12, 2025 (GLOBE NEWSWIRE) -- OMNIQ CORP (OTCMKTS: OMQS), a ...

Company Overview - OMNIQ Corp provides computerized and machine vision image processing solutions using patented AI technology for real-time object identification, tracking, surveillance, and monitoring in Supply Chain Management, Public Safety, and Traffic Management applications [4] - The company's technology helps clients manage big data and move people and objects safely through airports, warehouses, schools, national borders, and other environments [4] - OMNIQ's diverse portfolio includes advanced AI algorithms for automated identification and management, enabling customers to streamline operations in logistics, manufacturing, and other industries [3] Financial Performance - Annual revenues have more than doubled since 2014, reaching $81 million in 2023 [1] - The company serves clients in more than 40 countries [1] Market Position - OMNIQ addresses several billion-dollar markets with double-digit growth, including the Global Smart City and Public Safety markets [1] - The company is recognized as a leader in AI-powered solutions for logistics, smart city applications, and public safety [6] Recent Developments - OMNIQ announced $1 million in new purchase orders from a long-term partner in the logistics and manufacturing sector [6] - The new orders include advanced hardware and service agreements designed to enhance operational efficiency [8] - Service agreements are expected to contribute recurring revenue, reinforcing the company's financial stability and long-term growth strategy [8] Strategic Partnerships - OMNIQ's customers include government agencies and leading Fortune 500 companies across various sectors such as manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil [8] - The company's proprietary AI-driven solutions enable seamless integration of hardware and software, improving operational efficiencies in logistics and manufacturing [8] - OMNIQ's advanced service agreements provide ongoing support and enhanced functionality, ensuring sustained performance and value for customers [8] Leadership Perspective - Shai Lustgarten, President and CEO of OMNIQ, expressed enthusiasm about the new orders, stating they represent a vote of confidence in the company's AI-powered solutions and commitment to operational excellence [3] - The CEO emphasized that deepening partnerships and continuous innovation further position OMNIQ as a leader in automation and efficiency within critical industries [3]

Core Insights - OMNIQ Corp. has received a significant purchase order from a leading retail company, highlighting its growing reputation in automation and supply chain technologies [1][3] - The agreement includes advanced IoT technology aimed at streamlining operations, reducing costs, and enhancing customer experiences for the retail partner [2] - The purchase order is a recurring order from a long-standing Fortune 500 customer, indicating strong client relationships and trust in OMNIQ's solutions [4] Company Overview - OMNIQ Corp. specializes in AI-based solutions and supply chain technologies, providing computerized and machine vision image processing solutions for various applications [5] - The company has seen its annual revenues more than double since 2014, reaching $81 million in 2023, with clients in over 40 countries [6] - OMNIQ serves multiple sectors, including manufacturing, retail, distribution, healthcare, and public safety, addressing several billion-dollar markets with double-digit growth potential [6]

OMNIQ Corp. (OTCPK:OMQS) Q3 2024 Earnings Conference Call November 15, 2024 11:00 AM ET Company Participants Shai Lustgarten - Chairman and Chief Executive Officer Conference Call Participants Operator Hello, and welcome to the OMNIQ Corporation's Third Quarter 2024 earnings conference call. My name is Ali, and I will be your coordinator for your call today. With us on the call is Mr. Shai Lustgarten, Chief Executive Officer and Acting Chief Financial Officer. Today's call is being recorded and you should h ...

SALT LAKE CITY, Nov. 14, 2024 (GLOBE NEWSWIRE) -- omniQ Corporation (OTCMKTS: OMQS) ("omniQ" or "the Company"), reports third quarter 2024 revenue of $18.5 million, signifying 7.57% YoY growth, as well as significant decreases in operational expenses and net loss. FINANCIAL HIGHLIGHTS: Revenue: OMNIQ reported revenue of $18,549,000 for Q3 2024, a modest increase from $17,244,000 in Q3 2023, marking a 7.57% year-over-year growth.Operating Expenses: Decreased significantly to $4,934,000 in Q3 2024 from $6,631 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________ to__________ Commission File Number: 001-40768 OMNIQ Corp. (Exact name of registrant as specified in its charter) | --- | --- | --- | |------------- ...