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 ...

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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. 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AITX is +3.23% to $0.0032. 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