earnings
confidence high
sentiment neutral
materiality 0.70
AITX Q1 FY2027 revenue $1.83M, down 1% YoY; ex-largest customer up 52%
Artificial Intelligence Technology Solutions Inc.
2026-Q1 EPS reported
-$0.02
revenue$1,831,202
- Revenue $1.83M, down ~1% YoY; revenue ex-largest customer $1.46M, up 52% YoY and 16% sequentially.
- Operating loss narrowed to $2.71M from $3.18M YoY; operating expenses down 12% to $3.89M.
- Net loss $5.72M vs $4.59M YoY due to $3.0M non-operating costs; EPS $(0.02) vs $(0.03).
- June recurring monthly revenue up 15% MoM; initial SARA activations contributed ~$10k; two ROAMEOs billing.
- Q2 FY2027 revenue expected to exceed Q1 by >10%; targeting positive monthly operating cash flow in calendar 2026.