Omniq -OMINQ Reports Revenues of $73.5 Million in 2024

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 ...