MultiSensor AI Q1 revenue down 49% to $1.2M; net loss per share improves 58% to $0.14

MultiSensor AI Holdings, Inc.

2025-Q1 EPS reported -$0.14 revenue$1,170,000

Revenue $1.2M (down 49% YoY); software revenue up 25% to $0.25M.
Net loss per share improved 58% to $0.14; current ratio flat at 1.4.
Received $2.1M in subscription renewals from largest customer, expected Q2 2025 cash.
Active sensors on MSAI Connect reached 550, up 19% QoQ and over 500% YoY.
Early fire detection pilots underway with second leading automaker and other industries.

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