earnings
confidence high
sentiment positive
materiality 0.65
MultiSensor AI FY24 revenue $7.4M (+36%); net loss per share improves 70%
MultiSensor AI Holdings, Inc.
- FY 2024 revenue $7.4M (+36% YoY); net loss per share $1.07 (improved 70% YoY).
- Software revenue $1.0M (+30% YoY); active streaming sensors grew 360% to ~460; deployed sites 50 (+400% YoY).
- Cash increased to $4.4M from $1.6M; total liabilities reduced to $3.2M from $16.6M.
- Entered $8.625M at-market offering with B. Riley (3% commission) for working capital.
- Appointed Trip Flavin as Interim CEO in Q4 2024; Peter Baird as CCO and Robert Nadolny as CFO in Jan 2025.