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Artificial Intelligence Technology Solutions Inc   (AITX)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $0.0023 $0.00 -8.000%
Day's High: $0.0026 Week Perf: -20.69 %
Day's Low: $ 0.00 30 Day Perf: -17.86 %
Volume (M): 103,431 52 Wk High: $ 0.01
Volume (M$): $ 238 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) 17
 Shares Outstanding (Millions) 7,295
 Employees -
 Revenues (TTM) (Millions $) 2
 Net Income (TTM) (Millions $) -18
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Artificial Intelligence Technology Solutions Inc
Artificial Intelligence Technology Solutions Inc is a company that specializes in developing and providing artificial intelligence-based solutions. They leverage advanced algorithms and machine learning techniques to solve complex problems and automate processes. Their solutions are designed to improve efficiency, accuracy, and productivity in various industries, ranging from healthcare to finance. With a team of skilled experts, they aim to revolutionize the way businesses operate and enable them to stay competitive in the AI-driven world.


   Company Address: 10800 Galaxie Avenue Ferndale 48220 MI
   Company Phone Number: 787-6268   Stock Exchange / Ticker: AITX
   


   

Stock Performances by Major Competitors

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Artificial Intelligence Technology Solutions Inc

Artificial Intelligence Technology Solutions Inc Maintains Healthy Behavior in Financial Span, Despite Stock Drop

During the past 7 days, the stock of Artificial Intelligence Technology Solutions Inc (AITX) has dropped by 0%. Currently, the stock is trading approximately 40.7% below its 52-week average.
Looking at the financial span closing November 30, 2023, AITX reached a break-even point of $0.00 per share, which is the same as the previous year. The revenue, however, showed significant growth, jumping by 48.355% to $0.60 million compared to $0.40 million in the same reporting season a year before. Sequentially, revenue surged by 54.513% from $0.39 million.

Artificial Intelligence Technology Solutions Inc

Artificial Intelligence Technology Solutions Inc's Unprecedented 42.528% Surge Set to Revolutionize the Industry, Defying Recent Share Dip



Artificial Intelligence Technology Solutions Inc (AITX) has recently witnessed a significant decrease in share value, with a decline of -12.5% over the last five trading days. Considering that this brings the year-to-date performance to -37.5%, investors are questioning how this will impact the company moving forward. To gain a better understanding, let's delve into the financial results of AITX and explore the implications of these findings on the company's future prospects.
Financial Results Overview:
For the fiscal period ending on August 31, 2023, AITX achieved a break-even point of $0.00 per share, which remained unchanged from the previous year and the preceding reporting season. Although the company did not experience any losses, it also did not generate any profits. This stability suggests that AITX will need to focus on improving its earnings to enhance investor confidence.

Artificial Intelligence Technology Solutions Inc

Artificial Intelligence Technology Solutions Inc Ramps Up Business Growth and Achieves Break-Even Point Amid Challenging Year



Artificial Intelligence Technology Solutions Inc recently reported its financial results for the period of March to May 31, 2023. Despite reaching the break-even point, the company's revenue only increased by 0.013% to $0.39 million compared to the same reporting season a year prior. While the company trails behind its contemporaries in the Auto & Truck Parts sector, it did observe a business growth of 7.87% during the first quarter of 2023. This growth represents a significant improvement from the previous reporting season.
Financial Results:
During the March to May 31, 2023 fiscal interval, Artificial Intelligence Technology Solutions Inc reported a net deficit of $-4.555 million, as opposed to a deficit of $-4.672 million in the comparable reporting season a year ago. Despite this deficit, the company managed to break-even due to cost-cutting measures and an improved financial position.

Artificial Intelligence Technology Solutions Inc

Artificial Intelligence Technology Solutions Inc. Braces Through Tough Financial Times in Q4 of 2023 Earnings Season, Shows Signs of Recovery

As a journalist, it is important to keep track of financial reports and analyze the results to make sense of the numbers presented. In the case of Artificial Intelligence Technology Solutions Inc (AITX), the financial fourth quarter of 2023 showed a gain of zero dollars per share, compared to a loss of $0.01 per share a year ago and the previous financial reporting period. This is a promising sign, indicating that the company is making strides towards profitability.
However, the revenue for the quarter fell by 26.1% to $0.41 million compared to the same period last year. This is not ideal, and raises questions about what led to the decrease in revenue. Nonetheless, there was a sequential increase of 2.905% from the previous reporting period, indicating some potential for growth.






 

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