Omniq Corp narrowed forth quarter of 2024 net loss per share of $-0.24 compare to net loss per share of $-1.68 recorded in the same quarter a year ago a decrease compare to $-0.15 realized in previous quarter.
forth quarter of 2024
Earnings Per Share
Revenues
$ -0.24
$
18 Mill
$+1.44
$+12M+201.52 %
Omniq 's Revenue
rose by
201.52 % in forth quarter of 2024 (Dec 31 2024) year on year,
to $18 million and
advanced by
2.87 % sequentially.
Omniq in the forth quarter of 2024 recorded net loss of $-3.282 million, an improvement compare to net loss of $-18.248 million in IV. Quarter a year ago.
Omniq Inventories Inventories grew by 22.84 % to $7 million from IV. Quarter a year ago, sequentially inventories rose by 31.04 %.
OMQS's Cash flow
In the forth quarter of 2024 company's net cash flow was $2 million, capital expenditures grew by -0.07-11.43%, to $0 millions compare to same quarter a year ago
Omniq Corp, a technology company specialized in providing solutions for the supply chain and automation industry, recently released its financial results for the most recent fiscal period. Unfortunately, the company reported a deficit per share of $-0.49, which is a decline compared to the $-0.44 from a year ago, and a surge from the $-0.45 reported in the previous reporting period. These numbers indicate a worsening financial situation for the company. The revenue also took a hit, receding considerably by -17.097% to $19.89 million from $23.99 million in the same reporting period a year prior. Furthermore, the sequential revenue fell by -28.522% from $27.82 million. These declining revenue figures may b...