DUOT Q2 2020 Earnings — Duos Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

DUOTDuos Technologies Group, Inc.

$157M

Q2 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$2M+47.3% YoY

Gross Profit

$187,4639.5% margin

Operating Income

-$1M-72.0% margin

Net Income

-$1M-74.0% margin

EPS (Diluted)

$-0.42

QoQ Revenue Growth

+100.0%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$2M

Stock-Based Comp.

$190,970

Balance Sheet

Total Assets

$8M

Total Liabilities

$3M

Stockholders' Equity

$5M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$1M	+47.3%
Gross Profit	$187,463	$174,400	+7.5%
Operating Income	-$1M	-$2M	+26.8%
Net Income	-$1M	-$2M	+24.8%

Revenue Segments

Project Revenues

$1M72%

Maintenance and Technical Support Revenues

$382,12419%

AI technologies

$178,2249%

IT Asset Management Services Revenues

$2,3850%

Geographic Segments

IT Suppliers

$2,385100%