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OMNIQ 1H Sales $50M

OMNIQ’s 2022 continuous momentum: 54% growth in 6 month Revenue marks an all-time record of over $50 Million. 104% growth in 6 Month Gross Profit up to a record of over $12M. 85% Growth in Q2 Revenue compared
byBill Haddad
August 15, 2022
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OMNIQ’s 2022 continuous momentum:

  • 54% growth in 6 month Revenue marks an all-time record of over $50 Million.
  • 104% growth in 6 Month Gross Profit up to a record of over $12M.
  • 85% Growth in Q2 Revenue compared to Q2 2021.
  • 81% increase in Q2 Gross Profit compared to Q2 2021.
  • Gross margin for the 6 months up to 24% compared to 18% in the same period of 2021.
  • Q2 marks a breakthrough in penetrating the retail and restaurant markets with the Company’s AI integrated solution.
  • OMNIQ’s Q Shield AI based law enforcement solution offered to municipalities is experiencing positive momentum as twelve (12) cities in the US have already contracted and more are in the pipeline. Revenue model is based on recurring revenue sharing.
 
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