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Airiq Inc ( (TSE:IQ) ) has shared an announcement.
AirIQ Inc. announced a significant increase in recurring revenue for the quarter ending December 31, 2024, with a 10% growth compared to the previous year. Despite a decrease in net income due to strategic investments in sales and marketing, the company remains focused on long-term growth and enhancing shareholder value through a stronger recurring revenue base.
More about Airiq Inc
AirIQ Inc., founded in 1997, is a pioneer in IoT-based asset management solutions, providing real-time monitoring of commercial assets. The company develops mobile and web-based applications and cloud-based solutions, offering mixed fleet capabilities and a range of hardware options, including video telematics and battery-powered solutions.
YTD Price Performance: -7.89%
Average Trading Volume: 18,300
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$10.77M
For an in-depth examination of IQ stock, go to TipRanks’ Stock Analysis page.
