AITX Forecasts Approximately 300% Revenue Growth for FY 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 01 2024
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Source: Globenewswire
Revenue Growth Forecast: Artificial Intelligence Technology Solutions, Inc. (AITX) anticipates significant revenue growth for FY 2025, projecting total revenues between $5.5 million and $6.5 million, with additional contributions from its RADCam product.
Strategic Investments and Market Positioning: AITX's CEO highlighted the company's strong recurring monthly revenue of approximately $625,000 and plans for continued investment in innovative technologies, aiming to redefine the security industry while achieving operational cash flow positivity by March 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
