DUOT Q1 2023 Earnings — Duos Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

DUOTDuos Technologies Group, Inc.

$156M

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$3M+83.7% YoY

Gross Profit

$537,17220.3% margin

Operating Income

-$2M-81.2% margin

Net Income

-$2M-81.1% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

-55.4%

Cash Flow

Operating Cash Flow

-$7,086

Free Cash Flow

-$268,230

Stock-Based Comp.

$75,128

Balance Sheet

Total Assets

$15M

Total Liabilities

$9M

Stockholders' Equity

$6M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$1M	+83.7%
Gross Profit	$537,172	$222,066	+141.9%
Operating Income	-$2M	-$3M	+18.7%
Net Income	-$2M	-$3M	+18.9%

Revenue Segments

Product

$2M69%

Service, Other

$816,52431%