Artificial Intelligence Tech Solutions FY26 net loss narrows 23% to $14.51 million; revenue rises 26% to $7.75 million

ARTIFICIAL INTELLIGENC TECH SOL INC

ARTIFICIAL INTELLIGENC TECH SOL INC

AITX

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  • Artificial Intelligence Technology Solutions posted revenue of USD 7.75 million, up 26% year over year.
  • Operating loss narrowed 14% to USD 11.94 million; net loss narrowed 23% to USD 14.51 million.
  • Gross profit climbed 48% to USD 5.53 million, lifting gross margin 10 percentage points to 71%.
  • Operating expenses edged down 1% to USD 17.48 million, as general and administrative costs fell 5% despite a 19% rise in R&D.
  • Management flagged substantial doubt about going concern; May 2026 equity financing agreement targets up to USD 10 million over two years.


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