---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-23-000243"
form_type: "8-K"
ticker: "DUOT"
cik: "0001396536"
company_name: "DUOS TECHNOLOGIES GROUP, INC."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:42:52.537324+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Duos Tech FY2022 revenue up 82% to $15M; guides FY2023 $20-21M

## Summary
- Q4 2022 revenue $5.93M (+71% YoY); FY2022 total $15.01M vs $8.26M in 2021.
- Net loss for FY2022 $6.86M (improved operating loss to $6.87M from $7.46M).
- Reaffirms 2023 revenue outlook $20-21M, representing 33-40% growth over 2022.
- Backlog $10.7M at year-end; expects to recognize $8.4M in 2023.
- Raised $4.0M via Series E Convertible Preferred Stock in March 2023 from existing investors.

## SEC filing metadata
- accession: 0001553350-23-000243
- form_type: 8-K
- ticker: DUOT
- cik: 0001396536
- company_name: DUOS TECHNOLOGIES GROUP, INC.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1396536/000155335023000243/0001553350-23-000243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1396536/000155335023000243/duot_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-23-000243
- JSON: https://secwatch.observer/filing/0001553350-23-000243.json
- Plain text: https://secwatch.observer/filing/0001553350-23-000243.txt

## Key facts
- Earnings Releases
  DUOS TECHNOLOGIES GROUP, INC. reported the full year ended December 31, 2022 results: revenue $15.01 million. Guidance reaffirmed.
  - Period: the full year ended December 31, 2022
  - Revenue: $15.01 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Total revenue increased 82% to $15.01 million compared to $8.26 million for 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000155335023000243/0001553350-23-000243-index.htm
- Earnings Releases
  DUOS TECHNOLOGIES GROUP, INC. reported the fourth quarter ended December 31, 2022 results: revenue $5.93 million, net income $952,000. Guidance reaffirmed.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $5.93 million
  - Net income: $952,000
  - Guidance: reaffirmed
  - Result: reported results
  source text: Total revenue for Q4 2022 increased 71% to $5.93 million compared to $3.72 million in the fourth quarter of 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000155335023000243/0001553350-23-000243-index.htm

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