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 |
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 |