Sector: Telecommunications Services | Industry: Wireless Telecommunications Services |
Company Contact | |
Address: | 1815 Ironstone Manor Unit 9 PICKERING ON L1W 3W9 |
Tel: | N/A |
Website: | https://airiq.com |
IR: | See website |
Key People | ||
Michael J. Robb President, Chief Executive Officer, Director | Bora Kwak Chief Financial Officer | Michael Lawless Chief Revenue Officer |
Business Overview |
AirIQ Inc. is a Canada-based Internet of things (IoT) based asset management solutions company. The Company's principal business is to develop and operate a telematics asset management system using specialized software, digitized mapping, wireless communications, the Internet, and the global positioning system (GPS). The Company develops iPhone Operating System (iOS) and Android mobile and Web-based applications, and cloud-based solutions that stand-alone or that can be readily integrated with existing software. The Company's solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety, and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery powered solution for non-powered assets. Its solutions include battery powered solutions, fleet maintenance, fleet compliance, fleet analytics, and fleet safety. Its AirIQ Fleet provides the tools to protect and extend the lifespan of assets. |
Financial Overview |
For the nine months ended 31 December 2023, AirIQ Inc revenues increased 15% to C$4.3M. Net income decreased 6% to C$666K. Revenues reflect Telemetrics assest management system segment increase from C$1.4M to C$4.3M, Canada segment increase of 35% to C$2.4M. Basic Earnings per Share excluding Extraordinary Items remained flat at C$0.02. |
Employees: | 28 as of Dec 31, 2008 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $10.19M as of Dec 31, 2023 |
Annual revenue (TTM): | $5.60M as of Dec 31, 2023 |
EBITDA (TTM): | $1.61M as of Dec 31, 2023 |
Net annual income (TTM): | $3.65M as of Dec 31, 2023 |
Free cash flow (TTM): | $0.94M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 29,517,574 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |