Executive Summary
Artificial Intelligence Technology Solutions Inc (AITX) reported robust financial results for the first quarter of 2025, showcasing a substantial increase in revenue by 207.11% year-over-year and a 37.72% increase quarter-over-quarter. Despite a net loss of $4.19 million, a significant improvement in gross profit margins to 74.99% indicates a strong upward trajectory in demand for their AI-driven solutions. Management expressed optimism regarding strategic partnerships and product innovation, highlighting the potential for continued revenue growth as demand for robotic security solutions rises in various sectors.
Key Performance Indicators
QoQ: 37.72% | YoY:207.11%
QoQ: 1 900.69% | YoY:202.08%
Key Insights
In QQ1 2025, AITX recorded revenue of $1.18 million, up from $859,008 in QQ4 2024, marking a 37.72% increase from the previous quarter and an impressive 207.11% from the same quarter last year. Gross profit stood at $887,207 with a gross profit margin of 74.99%, reflecting improved operational efficiencies. The operating loss narrowed slightly to $2.83 million compared to $5.61 million in the previous quarter, demonstrating more effective cost management initiatives. Notably, the net income loss...
Financial Highlights
In QQ1 2025, AITX recorded revenue of $1.18 million, up from $859,008 in QQ4 2024, marking a 37.72% increase from the previous quarter and an impressive 207.11% from the same quarter last year. Gross profit stood at $887,207 with a gross profit margin of 74.99%, reflecting improved operational efficiencies. The operating loss narrowed slightly to $2.83 million compared to $5.61 million in the previous quarter, demonstrating more effective cost management initiatives. Notably, the net income loss of $4.19 million is a slight improvement year-over-year, showcasing potential for recovery as AITX further leverages its technology to cater to market needs.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
1.18M |
207.11% |
37.72% |
| Gross Profit |
887.21K |
202.08% |
1 900.69% |
| Operating Income |
-2.83M |
3.93% |
49.50% |
| Net Income |
-4.19M |
7.93% |
43.53% |
| EPS |
0.00 |
50.00% |
55.56% |
Key Financial Ratios
operatingProfitMargin
-240%
operatingCashFlowPerShare
$-0
dividendPayoutRatio
-0.06%
Management Commentary
Management emphasized the importance of strategic partnerships, stating, 'We are actively seeking alliances to enhance our product offerings and bolster our market share.' Additionally, they noted, 'The demand for AI-driven security solutions is at an all-time high, and we are well-positioned to capitalize on this trend.' These insights highlight the company's commitment to innovation and market responsiveness, potentially leading to substantial growth.
The demand for AI-driven security solutions is at an all-time high, and we are well-positioned to capitalize on this trend.
â CEO
We are actively seeking alliances to enhance our product offerings and bolster our market share.
â CFO
Forward Guidance
Looking ahead, management provided guidance indicating revenue growth targets for the remainder of the fiscal year, predicting further gains amid increasing demand for their AI technology solutions. They plan to expand their product lineup and enhance operational efficiencies to improve profitability. Key factors for investors to monitor include project wins in new sectors and the rollout of enhanced software capabilities, which could drive future earnings toward profitability.