omiQ’s Financial Forecasts Detailed By Third Party Investment Firm Is Exceeding Expectations
Think Equity, (a reputable boutique investment firm) details omniQ’s past, current, & projected accomplishments. Follow the link below to read the detailed report by Ashok Kumar, PhD, CFA of Think Equity.
A few highlights from the report:
- “OMNIQ sees a strong pipeline of orders for its AI machine vision for Safe City and Smart City projects. Automation of parking is experiencing growth in demand in the U.S., Israel, and South America. The company is also seeing increased take-up of its smart kiosk solution, which saves time and money by eliminating long lines and reducing interaction with cashiers and service staff.”
- OMNIQ’s numerous acquisitions since 2018 have transformed the company into a key developer and provider of computerized and machine-vision image processing solutions.
- With diversified end markets and a strong presence in the food and drug industry sectors, the company is well-positioned to monetize the improved demand for logistic automation.
- For the years ended December 31, 2021 and 2020, the company reported revenues of $78.3 million.
Check out the entire report for an in-depth and complete analysis.