Duos Technologies Group Inc   (DUOT)
Other Ticker:  
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
Price: $2.7900 $-0.16 -5.424%
Day's High: $3.09 Week Perf: -4.78 %
Day's Low: $ 2.79 30 Day Perf: -0.71 %
Volume (M): 20 52 Wk High: $ 6.99
Volume (M$): $ 55 52 Wk Avg: $3.76
Open: $2.91 52 Wk Low: $1.94

 Market Capitalization (Millions $) 20
 Shares Outstanding (Millions) 7
 Employees 36
 Revenues (TTM) (Millions $) 6
 Net Income (TTM) (Millions $) -12
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 1

Duos Technologies Group Inc

The Company, through its wholly owned subsidiary DTI, focuses on the design, development and turnkey delivery of proprietary “intelligent technologies” that enable our customers to derive measurable increases in return on investment for their business. Our technologies integrate with our customer’s existing business process and create actionable information to streamline mission critical operations. Our target market is the largest transportation, industrial and retail corporations representing over $100 billion in total available market. Our technologies have been verified by multiple government and private organizations including Johns Hopkins University Applied Physics Laboratory (JHU/APL), the Department of Homeland Security (DHS) and the Transportation Technology Center, Inc., a wholly owned subsidiary of the Association of American Railroads, and a transportation research and testing organization (TTCI). The Company has worked with these organizations over the past several years where we have supplied funded prototypes of our technologies to verify technology and operating parameters.

The Company provides a broad range of sophisticated intelligent technology solutions with an emphasis on security, inspection and operations for critical infrastructure within a variety of industries including transportation, healthcare, retail, law enforcement, oil, gas and utilities sectors. Our business operations are in two business units: intelligent technologies and IT asset management. Our proprietary applications, specific to critical infrastructure, include but are not limited to:

Intelligent Rail Inspection Portal

A suite of sub-systems for the automated inspection of freight or transit railcars while in motion. The objective is to automatically detect anomalies such as open or missing hatches, open cargo doors, illegal riders hiding in cargo wells, and an expanding number of mechanical defects, all while the train is traveling through various strategic areas (i.e. border crossings or inspection areas). The anomalies are detected through a combination of visual inspections, utilizing the Company’s proprietary remote user interface which displays ultra-high definition images of a 360-degree view of each rail car, and by a growing number of the Company’s proprietary artificial intelligence (AI) based algorithms. The inspection portal is typically installed between two rail yards and the inspection takes place while the trains are at speed of up to 140 MPH. Detections are reported to the respective rail yards well ahead of the train arrival at the yard.

Tunnel and Bridge Security

A suite of artificial intelligence-based homeland security applications for the security of critical tunnels and bridges.

Virtual Security Shield

A suite of artificial intelligence-based homeland security applications for the security of critical areas and buffer zones. This application includes intrusion detection zone, Radio Frequency Identification (RFID) tracking and discriminating “Friend or Foe” modules (Friend or Foe refers to a Radio Frequency - based tagging system that validates individuals authorized to be in a specific area).

Facility Safety and Security

A suite of artificial intelligence-based homeland security applications for the “hardening” or safety and resilience of facilities against natural or man originated threats for the protection of critical facilities (energy, water, chemical facilities). The Company and all its’ staff are CFATS (Chemical Facility Anti-Terrorism Standards) certified.

Remote Bridge Operation

Proprietary system for remote control of draw bridges.

Pantograph Inspection System

A system designed to inspect pantographs (structure connecting transit locomotives to high voltage power lines) for the detection of excessive depletion of carbon liners, which may cause power line ruptures.

Vehicle Undercarriage Examiner

A system that inspects the undercarriage of railcars (both freight and transit rail) traveling at speeds of up to 140 miles per hour. The original maximum speed of 70MPH has been superseded by further development work which was completed recently. The addition of algorithms for an increasing number of automated detection of anomalies is a continuing development, which once completed and successfully tested, may have a significant impact on our revenues. The next version upgrade is scheduled to be completed by the end of the third quarter of 2018.

Thermal Undercarriage Examiner

Under a development award from the TTCI (the technology evaluation arm of the American Association of Railroads (“AAR”)), the Company recently developed and deployed a prototype thermal undercarriage examiner which uses high-speed thermal imaging technology to inspect the thermal signature of undercarriage components. Thermal monitoring of component heat signatures while underway will provide indications of the overall operating health of the locomotive that are not possible to observe during static inspections. The system is undergoing calibration and sensitivity adjustments and is expected to be completed by the end of the second quarter of 2018. This system is considered a breakthrough in detection technologies as it is capable of detecting anomalies of trains at speed which are not detectable with currently available technologies.

Multi-Layered Enterprise Command and Control Interface (centraco®)
Aggregator and central point for information consolidation, systems management and communications of our proprietary systems and third-party applications.

Several significant new programs and technologies are currently under development and in various stages of maturity. Some of the more significant developments are:

Neural Network Modeling for detection algorithms

A neural network is a powerful computational data model, able to capture and represent complex input/output relationships. The neural network includes the development of an artificial system that could perform "intelligent" tasks like those performed by the human brain, including the acquisition of knowledge through deep learning, which is stored within inter-neuron connection strengths known as synaptic weights.

Automated Retail Facility Logistics

We are currently in the final stage of developing a comprehensive system to automate facility security gate operations, leveraging our proprietary Multi-Layered Enterprise Command and Control Interface (centraco®). The automation of gatehouse operations should provide significant improvements to efficiency of distribution center traffic flow, resulting in significant ROI to the customer.

Transit Rail Platform Analytics

We have been selected by the New York City Transit Authority (“NYCT”) to provide a pilot (proof of concept) of our Platform Analytics Technology concept. The technology is designed to automatically detect objects falling on tracks adjacent to transit passenger platforms and to alert incoming rail traffic to that effect. Field installation of the prototype has been completed and field testing by the NYCT technology team is expected to be completed during the 2018 fiscal year.

   Company Address: 7660 Centurion Parkway Jacksonville 32256 FL
   Company Phone Number: 296-2807   Stock Exchange / Ticker: NASDAQ DUOT


Stock Performances by Major Competitors

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Management Announcement

Duos Paves the Way for High-Speed Computing in Underserved Communities through Edge AI Subsidiary

Published Wed, Jul 17 2024 12:00 PM UTC

In a remarkable move to bridge the digital divide, Duos, a renowned tech company, is set to launch its Edge AI subsidiary, aiming to bring high-speed computing capabilities to underserved communities. The company has recently provided an update, identifying the initial three locations where this groundbreaking initiative will take shape. This innovative step is poised t...

Duos Technologies Group Inc

Duos Technologies Group Inc Fights Back After Revenue Decline: Secures Key Contract and Positions Itself as Rail Industry Leader

Duos Technologies Group Inc, a software and programming company, has seen a significant decline in its stock price over the past 30 days, dropping by -23.36%. This brings the share price down by -44.84% in the last 90 days, with the stock trading only 27.1% above its 52-week low. This decrease has been attributed to the company's most recent fiscal period, where revenue decreased by -59.51% to $1.07 million and net loss per share expanded to $-0.38. This is in contrast to the positive trend seen in the Software & Programming industry as a whole, which posted a 12.43% improvement in revenue in the first quarter of 2024 compared to the previous year.
Despite the negative financial results, Duos Technologies Group Inc is taking steps to enhance its offerings and revenue streams. The company recently renewed a support contract with a leading Mexican rail operator, adding cutting-edge Duos AI technology to secure $360,000 in annual recurring revenue. This move demonstrates the company's commitment to technological innovation and customer support services, positioning them as a frontrunner in the rail industry.

Duos Technologies Group Inc

Duos Technologies Group Inc Posts a Surprising Turnaround in Q4 Earnings, Despite Major Revenue Decline

Duos Technologies Group Inc, a provider of machine vision and artificial intelligence solutions, recently announced its fiscal fourth quarter results for 2023. While the bottom-line turned positive with earnings of $0.30 per share, compared to a loss of $0.10 per share a year before, the company experienced a sharp decline in revenue, dropping by -74.284% to $1.53 million from $5.93 million in the same quarter the previous year.
The company also reported a net shortfall of $-3.161 million for the fiscal fourth quarter, which was higher than the $-0.952 million loss from the previous year. Additionally, Duos Technologies Group Inc saw an increase in inventories, with the level of inventories and supplies rising to $1.5 million.


Mexican Rail Operator Partners with Duos AI to Advance Support Services and Secure $360,000 Annual Revenue Boost

Published Thu, Feb 22 2024 1:00 PM UTC

Mexican Rail Operator Renews Support Contract and Adds Duos AI to Secure $360,000 Annual Recurring RevenueIn a move that showcases its commitment to advancing technological innovation and enhancing customer support services, leading Mexican rail operator has recently renewed its support contract and introduced cutting-edge Duos AI technology. This new agreement has not only ...

Product Service News

Revitalizing Railways: Duos AI Scans Disrupt the Industry, Elevating Safety and Velocity to New Heights

Published Tue, Jan 23 2024 1:01 PM UTC

In a remarkable display of cutting-edge technology, Duos, an AI-powered scanning system, has undertaken an astonishing feat, scanning over eight and a half million railcars within a span of just 23. This groundbreaking advancement brings about a significant transformation in rail operations, enhancing safety measures and increasing velocity. By amalgamating the essential ins...


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Duos Technologies Group Inc does not provide revenue guidance.

Earnings Outlook
Duos Technologies Group Inc does not provide earnings estimates.

Geographic Revenue Dispersion


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