OMNIQ reports 2024 revenue of $73M; operating loss narrows 74% to $6.9M

OMNIQ Corp.

2026-Q1 EPS reported -$0.19 revenue$19,903,000

Revenue of $73.6M in 2024, down 9% from $81.2M; gross profit stable at $15.4M (21% margin).
Operating loss narrowed 74% to $6.9M from $26.2M; net loss attributable to common $10M ($0.94 per share) vs $29.4M ($3.50).
SG&A decreased 15% to $19.5M; operating expenses down 47% to $22.3M, primarily due to $14.7M 2023 impairment.
CEO expects upward trend in 2025 with major projects in pilot phases; company evaluating strategic acquisitions.

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