Autoscope Technologies Corp (PK:AATC)
Business Focus: Testing & Measuring Equipment
| Sector: Industrials | Industry: Industrial Machinery & Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1115 Hennepin Ave 1600 University Ave W. MINNEAPOLIS MN 55403 |
| Tel: | N/A |
| Website: | https://www.autoscope.com |
| IR: | See website |
| Key People | ||
| Andrew T. Berger Executive Chairman of the Board, Chief Executive Officer | Frank Glenn Hallowell Chief Financial Officer, President and Chief Operating Officer of ISS | |
| Business Overview |
| Autoscope Technologies Corporation creates value through owning and supporting operating subsidiaries and investments, anchored by core investments in the fields of technology and engineering. Its main subsidiary is Image Sensing Systems, Inc., which is a provider of above-ground detection and information management solutions for the intelligent transportation systems (ITS) sector. It operates in two segments: Intersection, which sells video products, and Highway, which sells radar products. It provides above-ground detection technology products for advanced traffic management systems, traffic data collection applications, and related markets. Autoscope Vision is its flagship integrated product that includes a color high definition, zoom camera and machine vision processing computer contained in a compact housing. Its technology analyzes signals from sophisticated sensors and transmits the information to management systems and controllers or directly to users. |
| Financial Overview |
| For the nine months ended 30 September 2023, Autoscope Technologies Corp revenues increased 71% to $10.5M. Net income before extraordinary items increased from $46K to $3.4M. Revenues reflect Royalties increase of 80% to $10.5M. Net income benefited from Investment income (loss) increase from $17K (expense) to $199K (income), Selling, marketing and product support decrease of 2% to $3.9M (expense). |
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