Duos Technologies Group, Inc. (DUOT) Income Statement Analysis

See more : VARIMAN GLOBAL ENTERPRISES LIM (VARIMAN.BO) Income Statement Analysis – Financial Results

Complete financial analysis of Duos Technologies Group, Inc. (DUOT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Duos Technologies Group, Inc., a leading company in the Software – Application industry within the Technology sector.

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Duos Technologies Group, Inc. (DUOT)

Industry: Software - Application

Sector: Technology

Website: https://www.duostechnologies.com

About Duos Technologies Group, Inc.

Duos Technologies Group, Inc. designs, develops, deploys, and operates intelligent technology solutions in North America. Its technology platforms used in its solutions include centraco, an enterprise information management system; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications, as well as Praesidium to manage various image capture devices and some sensors for input into the centraco software. The company's proprietary applications include Railcar Inspection Portal for the automated inspection of freight and transit trains while in motion; Vehicle Undercarriage Examiner to inspect the undercarriage of railcars; Thermal Undercarriage Examiner; Enterprise Command and Control Suite for information consolidation, connectivity, and communications; and Automated Logistics Information Systems, a proprietary intelligent system to automate security gate operations. It also provides IT asset management services for data centers operators; maintenance and technical support services; consulting and auditing; software licensing with optional hardware sales; and training services. The company is headquartered in Jacksonville, Florida.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	7.47M	15.01M	8.26M	8.04M	13.64M	12.05M	3.88M	6.10M	6.77M	401.31K	607.60K	617.19K	666.15K	1.07M	780.24K	1.23M	459.91K
Cost of Revenue	6.16M	10.26M	10.82M	5.25M	7.16M	6.84M	2.29M	2.73M	3.20M	168.29K	276.25K	389.15K	62.60K	31.40K	37.57K	44.69K	5.59K
Gross Profit	1.31M	4.75M	-2.56M	2.79M	6.48M	5.20M	1.59M	3.37M	3.57M	233.02K	331.35K	228.04K	603.56K	1.04M	742.68K	1.18M	454.32K
Gross Profit Ratio	17.52%	31.63%	-30.98%	34.66%	47.51%	43.19%	40.93%	55.24%	52.77%	58.06%	54.53%	36.95%	90.60%	97.07%	95.19%	96.35%	98.79%
Research & Development	1.81M	1.65M	251.56K	1.02M	431.43K	488.69K	310.10K	271.95K	216.81K	191.66K	259.26K	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	9.45M	8.63M	3.41M	7.68M	8.04M	6.00M	4.54M	4.57M	3.75M	662.81K	785.79K	804.77K	1.46M	1.79M	1.75M	1.77M	0.00
Selling & Marketing	1.49M	1.34M	1.23M	717.81K	421.54K	289.14K	179.32K	278.26K	254.08K	283.44K	314.95K	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	10.94M	9.96M	4.65M	8.40M	8.46M	6.29M	4.72M	4.84M	4.00M	662.81K	785.79K	804.77K	1.46M	1.79M	1.75M	1.77M	392.46K
Other Expenses	0.00	9.56K	1.47M	37.13K	4.96K	6.20K	804.23K	7.77K	969.38K	200.80K	179.82K	163.74K	998.59K	1.22M	1.41M	1.77M	94.37K
Operating Expenses	12.76M	11.61M	4.90M	9.42M	8.89M	6.77M	5.03M	5.12M	4.22M	662.81K	785.79K	804.77K	1.46M	1.79M	1.75M	1.77M	486.83K
Cost & Expenses	18.92M	21.88M	15.72M	14.67M	16.05M	13.62M	7.33M	7.85M	7.42M	831.10K	1.06M	1.19M	1.52M	1.82M	1.79M	1.81M	492.42K
Interest Income	0.00	9.19K	20.27K	150.14K	64.36K	0.00	0.00	0.00	0.00	0.00	9.23K	0.00	0.00	0.00	191.00	267.00	0.00
Interest Expense	7.16K	9.19K	20.27K	150.14K	69.32K	17.18K	4.52M	561.17K	744.34K	141.21K	191.68K	273.85K	40.00K	10.22K	191.00	267.00	0.00
Depreciation & Amortization	866.98K	586.03K	545.83K	456.52K	398.72K	98.92K	48.28K	47.05K	44.41K	4.13K	5.72K	34.19K	165.42K	156.31K	19.66K	22.21K	13.51K
EBITDA	-10.37M	-6.27M	-5.44M	-6.14M	-2.00M	-1.46M	-585.16K	-1.95M	-1.54M	-575.86K	-451.18K	-556.95K	-1.02M	-642.25K	-989.54K	-566.11K	-19.00K
EBITDA Ratio	-138.77%	-43.33%	-72.50%	-76.77%	-14.68%	-12.16%	-87.40%	-27.67%	-8.93%	-106.07%	-72.33%	-87.90%	-103.30%	-55.56%	-126.69%	-46.22%	0.70%
Operating Income	-11.45M	-6.87M	-7.46M	-6.63M	-2.41M	-1.57M	-3.44M	-1.74M	-2.23M	-429.79K	-454.44K	-576.73K	-853.55K	-751.24K	-1.01M	-588.58K	-32.51K
Operating Income Ratio	-153.21%	-45.73%	-90.28%	-82.52%	-17.64%	-13.03%	-88.65%	-28.57%	-32.91%	-107.10%	-74.79%	-93.44%	-128.13%	-70.16%	-129.29%	-48.03%	-7.07%
Total Other Income/Expenses	204.85K	366.00	1.45M	-113.01K	-64.36K	-10.98K	-1.71M	-817.51K	-98.64K	-305.43K	-194.13K	-288.27K	-40.37K	-57.53K	-439.00	267.00	-22.21K
Income Before Tax	-11.24M	-6.86M	-6.01M	-6.75M	-2.47M	-1.58M	-5.15M	-2.56M	-2.33M	-735.22K	-648.57K	-865.00K	-893.92K	-808.77K	-1.01M	-588.32K	-54.72K
Income Before Tax Ratio	-150.47%	-45.73%	-72.75%	-83.93%	-18.11%	-13.12%	-132.64%	-41.96%	-34.37%	-183.21%	-106.74%	-140.15%	-134.19%	-75.54%	-129.34%	-48.01%	-11.90%
Income Tax Expense	0.00	-9.56K	962.76K	187.27K	74.28K	6.20K	4.52M	568.94K	744.34K	141.21K	191.68K	273.85K	40.00K	10.22K	439.00	37.79K	-9.08K
Net Income	-11.24M	-6.86M	-6.97M	-6.93M	-2.55M	-1.58M	-5.15M	-2.56M	-2.33M	-735.22K	-648.57K	-865.00K	-893.92K	-808.77K	-1.01M	-626.11K	-53.63K
Net Income Ratio	-150.47%	-45.66%	-84.40%	-86.26%	-18.66%	-13.12%	-132.64%	-41.96%	-34.37%	-183.21%	-106.74%	-140.15%	-134.19%	-75.54%	-129.34%	-51.09%	-11.66%
EPS	-1.56	-1.11	-1.89	-2.09	-1.43	-1.06	-20.00	-19.04	-1.33	-0.45	-58.30	-89.30	-76.38	-91.90	-137.03	-113.98	-10.97
EPS Diluted	-1.56	-1.11	-1.89	-2.09	-1.43	-1.06	-20.00	-19.04	-1.33	-0.45	-58.30	-89.30	-76.38	-91.90	-137.03	-113.98	-10.97
Weighted Avg Shares Out	7.20M	6.18M	3.69M	3.32M	1.78M	1.49M	257.60K	134.54K	1.75M	1.62M	11.12K	9.69K	11.70K	8.80K	7.37K	5.49K	4.89K
Weighted Avg Shares Out (Dil)	7.20M	6.18M	3.69M	3.32M	1.78M	1.49M	257.60K	134.54K	1.75M	1.62M	11.12K	9.69K	11.70K	8.80K	7.37K	5.49K	4.89K

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Duos Technologies Group, Inc. (DUOT) Q2 2023 Earnings Call Transcript

August 14, 2023seekingalpha.com

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q2 2023 Earnings Conference Call August 14, 2023 4:30 PM ET Company Participants Chuck Ferry - CEO and Director Andrew Murphy - CFO Conference Call Participants Aditya Dagaonkar - Northland Capital Edward Woo -...

Duos Technologies Group Reports Second Quarter 2023 Results

August 14, 2023globenewswire.com

JACKSONVILLE, Fla., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the second quarter (“Q2 2023”)...

Duos Technologies Group Sets Second Quarter 2023 Earnings Call for Monday, August 14, 2023 at 4:30 PM ET

July 31, 2023globenewswire.com

JACKSONVILLE, Fla., July 31, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, will hold a...