2024 Financial Results For the year ended December 31, 2024, the Company reported consolidated revenue of $73.57 million, compared to $81.19 million in 2023—a year-over-year decrease of $7.6 million. Cost of goods sold totaled $58 million in 2024 and $65 million in 2023, representing 79% and 81% of total revenue, respectively. Gross margin percentage has remained relatively stable in an industry that is experiencing gross-margin pressure. Although revenue decreased year-over-year by $7.6 million, the 2024 g ...

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]

This order follows $3.4 and $1.4 purchase orders earlier in the quarter.The Company is contracted to provide cutting-edge IoT equipment.This order is a recurring purchase from a long-standing Fortune 500 customer. SALT LAKE CITY, Jan. 06, 2025 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCMKTS: OMQS), a pioneer in automation including Artificial Intelligence (AI)-based solutions and cutting-edge supply chain technologies, is pleased to announce the receipt of a significant purchase order from a leading retail company ...

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) | --- | --- | --- | |------------- ...

SALT LAKE CITY, Nov. 12, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTC: OMQS) (“OMNIQ” or the “Company”), a provider of automation solutions including machine vision AI and IoT–based solutions will release Third Quarter 2024 Earnings after the market close on Thursday, November 14th, 2024. The announcement will be followed by a live earnings call with management the following morning, Friday, November 15th, 2024, at 11:00 AM EST. You can join the call by visiting www.omniQ.com or by using the link provided belo ...

SALT LAKE CITY, Nov. 11, 2024 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS), a leader in automation-enhancing IoT and machine vision solutions, is pleased to announce a recent series of purchase orders totaling $3.4 million from a longstanding retail client. These recent orders, underscore the strength of the decade-long collaboration between OMNIQ and the retail chain, reinforcing both companies' commitment to innovation in operational efficiency. Over the years, OMNIQ has been integral to transforming the ...