Multisensor AI Holdings Inc (OQ:MSAI)

Sector:  Technology Industry:  Electronic Equipment & Parts
 
See Regulatory Filings on SEC
Company Contact
Address: 2105 West Cardinal Drive
BEAUMONT TX 77705
Tel: N/A
Website: https://investors.multisensorai.com
IR: See website
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Key People
David Gow
Chairman of the Board
Stuart V. Flavin
Interim President, Interim Chief Executive Officer, Director
Robert Nadolny
Chief Financial Officer
Steve Guidry
General Counsel, Corporate Secretary
   
Business Overview
MultiSensor AI Holdings, Inc. is an industrial artificial intelligence (AI)-driven condition-based maintenance and process solution industry. The Company's software leverages a stream of data from thermal imaging, visible imaging, acoustic imaging, vibration sensing, and laser sensing devices to provide comprehensive, real-time condition monitoring for a customer's critical assets, processes, and manufactured outputs. Its solutions include MSAI Connect Software, MSAI Edge Software, Hardware Solutions, and Inspection Services. The Company's solutions are deployed by organizations to protect critical assets across a range of industries, including distribution and logistics, manufacturing, utilities, and oil and gas. The Company designs and manufactures digital thermal sensing solution platforms with edge and cloud-based software. The Company also provides various services for its customers including training, calibration, and repair.
Financial Overview
For the nine months ended 30 September 2024, Multisensor AI Holdings Inc revenues increased 57% to $6M. Net loss increased from $5.4M to $18.5M. Revenues reflect Ancillary Services segment increase of 30% to $238K. Higher net loss reflects Selling, general and administrative increase of 37% to $12.1M (expense), Loss (gain) in fair value of convertible decrease from $699K (income) to $475K (expense).
Employees: 35 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $41.29M as of Sep 30, 2024
Annual revenue (TTM): $7.62M as of Sep 30, 2024
EBITDA (TTM): -$25.43M as of Sep 30, 2024
Net annual income (TTM): -$35.34M as of Sep 30, 2024
Free cash flow (TTM): -$17.26M as of Sep 30, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 30,441,203 as of Nov 11, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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