DUOT Q1 2021 Earnings — Duos Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

DUOTDuos Technologies Group, Inc.

$156M

Q1 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$2M+117.4% YoY

Gross Profit

-$575,708-26.7% margin

Operating Income

-$2M-84.6% margin

Net Income

-$406,023-18.8% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-43.1%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$76,301

Balance Sheet

Total Assets

$10M

Total Liabilities

$4M

Stockholders' Equity

$6M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$990,945	+117.4%
Gross Profit	-$575,708	-$655,488	+12.2%
Operating Income	-$2M	-$2M	+12.7%
Net Income	-$406,023	-$2M	+81.1%

Revenue Segments

Technology systems

$1M56%

Services and consulting

$664,45625%

Overhead

$503,59319%

Geographic Segments

IT Suppliers

$130,592100%