---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-012496"
form_type: "8-K"
ticker: "OMQS"
cik: "0000278165"
company_name: "OMNIQ Corp."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T05:00:35.630941+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OMNIQ reports FY 2023 revenue of $81.1M, down 19.6% YoY; net loss widens to $29.4M

## Summary
- FY 2023 revenue $81.1M, down from $100.8M in 2022; net loss $29.4M ($3.45/share) vs $13.6M loss prior year.
- Q4 2023 revenue $16M, net loss $17.8M (includes $14.7M non-cash goodwill impairment).
- Adjusted EBITDA loss $7.4M for FY 2023 vs $2.9M loss in 2022; Q4 adjusted EBITDA loss $3.6M.
- Cash $1.7M at year-end; working capital deficit $45M; raised $2.5M net equity and new credit line.
- Reduced SG&A $4.7M (17% YoY); no customer >10% of revenue in 2023 vs 30% from one in 2022.

## SEC filing metadata
- accession: 0001493152-24-012496
- form_type: 8-K
- ticker: OMQS
- cik: 0000278165
- company_name: OMNIQ Corp.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278165/000149315224012496/0001493152-24-012496-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278165/000149315224012496/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-012496
- JSON: https://secwatch.observer/filing/0001493152-24-012496.json
- Plain text: https://secwatch.observer/filing/0001493152-24-012496.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.