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
Steven Winch
President, Director
Gary Strahan
Chief Executive Officer, Director
Peter Baird
Chief Financial Officer
Steve Guidry
General Counsel, Corporate Secretary
 
Business Overview
MultiSensor AI Holdings, Inc. provides artificial intelligence (AI)-powered industrial predictive maintenance and process control solutions. The Company builds intelligent multi-sensing platforms incorporating edge and cloud AI software solutions. Its software, powered by Amazon Web Services, leverages a continuous 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 target markets include distribution and logistics, manufacturing, utilities, and oil and gas. It also offers a range of form factors for its sensor devices, ranging from small to large handheld designs with built-in displays and controls, to fixed-mounted single- and multi-sensor camera sensor systems, with or without displays and controls, to mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles, and more.
Financial Overview
For the six months ended 30 June 2024, Multisensor AI Holdings Inc revenues increased 90% to $4.4M. Net loss increased from $3.6M to $10.3M. Revenues reflect Product segment increase of 98% to $3.7M, Technology Service segment increase of 69% to $556K, International segment increase from $175K to $1.5M, United States segment increase of 37% to $2.9M. Higher net loss reflects Other (income) expenses.
Employees: 35 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $48.78M as of Jun 30, 2024
Annual revenue (TTM): $7.51M as of Jun 30, 2024
EBITDA (TTM): -$21.33M as of Jun 30, 2024
Net annual income (TTM): -$29.02M as of Jun 30, 2024
Free cash flow (TTM): -$5.72M as of Jun 30, 2024
Net Debt Last Fiscal Year: $0.41M as of Jun 30, 2024
Shares outstanding: 23,829,805 as of Aug 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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