AITX Forecasts Approximately 300% Revenue Growth for FY 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 01 2024
0mins
Should l Buy ?
Source: Globenewswire
Revenue Growth Forecast: Artificial Intelligence Technology Solutions, Inc. (AITX) anticipates significant revenue growth for FY 2025, projecting total revenues between $5.5 million and $6.5 million, with additional contributions from its RADCam product.
Strategic Investments and Market Positioning: AITX's CEO highlighted the company's strong recurring monthly revenue of approximately $625,000 and plans for continued investment in innovative technologies, aiming to redefine the security industry while achieving operational cash flow positivity by March 2025.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
