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 | 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 |