AITX’s RAD reports operational cash flow positivity

seekingalpha08-26

Artificial Intelligence Technology Solutions (OTCPK:AITX) on Monday said that its wholly owned subsidiary Robotic Assistance Devices expects that in September 2024 it can be considered operationally ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2462914503?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-26 22:52","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2462914503","market":"nz","top_or_hot":-1,"title":"AITX’s RAD reports operational cash flow positivity","media":"seekingalpha","content":"<div>\n<p>Artificial Intelligence Technology Solutions (OTCPK:AITX) on Monday said that its wholly owned subsidiary Robotic Assistance Devices expects that in September 2024 it can be considered operationally ...</p>\n\n<a href=\"https://seekingalpha.com/news/4143770-aitxs-rad-reports-operational-cash-flow-positivity\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AITX’s RAD reports operational cash flow positivity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAITX’s RAD reports operational cash flow positivity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-26 22:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4143770-aitxs-rad-reports-operational-cash-flow-positivity><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Artificial Intelligence Technology Solutions (OTCPK:AITX) on Monday said that its wholly owned subsidiary Robotic Assistance Devices expects that in September 2024 it can be considered operationally ...</p>\n\n<a href=\"https://seekingalpha.com/news/4143770-aitxs-rad-reports-operational-cash-flow-positivity\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RAD","symbol_name":"来德爱","start_time":0,"source_url":"https://seekingalpha.com/news/4143770-aitxs-rad-reports-operational-cash-flow-positivity","article_id":"2462914503","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2462914503","pubTimestamp":1724683946,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Artificial Intelligence Technology Solutions  on Monday said that its wholly owned subsidiary Robotic Assistance Devices expects that in September 2024 it can be considered operationally profitable when comparing core operational costs against revenues invoiced that month. Specifically, AITX and its four subsidiaries have an approximated monthly payroll and health insurance cost of $630,000.  The company noted that RAD Inc’s contracted backlog is approximately $175,000 in RMR and notes that it generally does not include the margin earned from pass-through monitoring revenue. AITX is +3.23% to $0.0032. Source: Press Release","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RAD":"来德爱","BK4128":"药品零售","AITX":"Artificial Intelligence Technology Solutions Inc."},"translate_title":"AITX的RAD报告运营现金流为正","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AITX":1,"RAD":1},"content_text":"Artificial Intelligence Technology Solutions (OTCPK:AITX) on Monday said that its wholly owned subsidiary Robotic Assistance Devices expects that in September 2024 it can be considered operationally profitable when comparing core operational costs against revenues invoiced that month. Specifically, AITX and its four subsidiaries have an approximated monthly payroll and health insurance cost of $630,000.  The company noted that RAD Inc’s contracted backlog is approximately $175,000 in RMR and notes that it generally does not include the margin earned from pass-through monitoring revenue. AITX is +3.23% to $0.0032. Source: Press Release","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2462914503"}