Duos Technologies reports Q4 net loss $3.41M; guides FY2025 revenue $28-30M (up ~300%)

DUOS TECHNOLOGIES GROUP, INC.

2025-Q1 EPS reported -$0.18 revenue$4,952,185

Q4 2024 revenue $1.46M (-4% YoY); net loss $3.41M vs $3.16M in Q4 2023.
FY2024 revenue $7.28M (-3%); net loss $10.76M, improved from $11.24M in 2023.
Signed up-to-$42M Asset Management Agreement with New APR Energy; secured $5M advance payment.
Backlog of $50.5M at year-end; FY2025 revenue guidance of $28M-$30M (285-312% increase).
Cash $6.27M at Dec 31, 2024; raised ~$3.8M via ATM in early 2025 at avg $6.24/share.

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