OMNIQ Corp. provides artificial intelligence-based solutions in the United States. The company provides artificial intelligence technology to deliver data collection, real-time surveillance, and monitoring for supply chain management, homeland security, public safety, traffic and parking management, and access control applications. It offers solutions which includes hardware, software, communications, and automated management services; technical service and support; distributes barcode labels, tags, and ribbons, as well as RFID labels and tags; and provides printing solutions, credit card terminals, automatic kiosks, and point-of-care units, as well as packaged and configurable software, and mobile and wireless equipment. In addition, the company offers suite of configurable packaged software solutions comprises order entry, an access to real-time information and up-to-date data to facilitates and streamline job function; intelligent order entry, a link in getting remote orders from the field to corporate; warehouse, a collection of applications for portable devices that extend the existing system out to the warehouse floor and dock doors; proof of delivery which offers proof-of-delivery capabilities; Quest Total solutions as a service, mobile-services offering that includes hardware, software, and wireless data in a bundled subscription; and media and label business that provides data collection from ongoing and repeatable purchasing business. It sells its products to government agencies and Fortune 500 companies in various sectors, including healthcare, food and beverage, manufacturing, retail, distribution, and transportation and logistics sectors. The company was formerly known as Quest Solution, Inc. OMNIQ Corp. was incorporated in 1973 and is based in Salt Lake City, Utah.
Company profile
Ticker
OMQS
Exchange
Website
CEO
Mr. Shai Shalom Lustgarten
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
BANK OF NOVA SCOTIA /
SEC CIK
Corporate docs
Subsidiaries
Quest Marketing, Inc. • HTS Image Processing, Inc. • OmniQ Vision Inc. • HTS Image Ltd. • OmniQ Technologies Ltd • Dangot Computers, Ltd ...
IRS number
20314487
OMQS stock data
Latest filings (excl ownership)
8-K
OMNIQ and NEC Work Jointly to Enhance Public Safety and Security
7 Oct 24
8-K
OMINQ Secures Over $1 Million in New Purchase Orders from Prominent Bioscience Company
11 Sep 24
8-K
OMNIQ Receives $2.5 Million Purchase Order, Strengthening Decade-Long Partnership with Leading Retail Chain
29 Aug 24
8-K
OMNIQ Announces Collaboration Agreement With SHVA, Strengthening Fintech Capabilities to Provide a Total Customer Solution
20 Aug 24
8-K
OMNIQ Increases Sequential Revenue to $19.1M, Achieves a Strong Margin of 26% and Reduces Operating Expenses in Second Quarter of 2024
14 Aug 24
10-Q
2024 Q2
Quarterly report
14 Aug 24
8-K
OMNIQ Corp Forms Strategic Alliance with Ingenico to Enhance Fintech Solutions
14 Aug 24
8-K
OMNIQ Schedules Second-Quarter 2024 Earnings Call
13 Aug 24
8-K
Regulation FD Disclosure
12 Aug 24
8-K
Regulation FD Disclosure
12 Aug 24
Transcripts
OMQS
Earnings call transcript
2024 Q2
15 Aug 24
OMQS
Earnings call transcript
2024 Q1
16 May 24
OMQS
Earnings call transcript
2023 Q4
2 Apr 24
OMQS
Earnings call transcript
2023 Q3
14 Nov 23
OMQS
Earnings call transcript
2023 Q2
15 Aug 23
OMQS
Earnings call transcript
2023 Q2
15 Aug 23
OMQS
Earnings call transcript
2023 Q1
16 May 23
OMQS
Earnings call transcript
2022 Q4
31 Mar 23
OMQS
Earnings call transcript
2022 Q3
15 Nov 22
OMQS
Earnings call transcript
2022 Q2
15 Aug 22
Latest ownership filings
Financial summary
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Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.37 mm | 1.37 mm | 1.37 mm | 1.37 mm | 1.37 mm | 1.37 mm |
Cash burn (monthly) | (no burn) | 52.08 k | 1.02 mm | 2.40 mm | 1.02 mm | 227.83 k |
Cash used (since last report) | n/a | 195.58 k | 3.81 mm | 9.00 mm | 3.82 mm | 855.53 k |
Cash remaining | n/a | 1.18 mm | -2.44 mm | -7.63 mm | -2.44 mm | 517.47 k |
Runway (months of cash) | n/a | 22.6 | -2.4 | -3.2 | -2.4 | 2.3 |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 3 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 May 23 | Neev Nissenson | Common Stock | Sell | Dispose S | No | No | 5.8979 | 2,288 | 13.49 k | 58,440 |
22 May 23 | Neev Nissenson | Common Stock | Sell | Dispose S | No | No | 5.99 | 1,000 | 5.99 k | 60,728 |
18 May 23 | Neev Nissenson | Common Stock | Sell | Dispose S | No | No | 5.85 | 1,000 | 5.85 k | 61,728 |
18 May 23 | Neev Nissenson | Common Stock | Sell | Dispose S | No | No | 5.77 | 5,000 | 28.85 k | 62,728 |
Press releases
OMNIQ to Present at the Small Cap Virtual Investor Conference October 10th
8 Oct 24
OMNIQ and NEC Work Jointly to Enhance Public Safety and Security
7 Oct 24
OMINQ Secures Over $1 Million in New Purchase Orders from Prominent Bioscience Company
11 Sep 24
OMNIQ Receives $2.5 Million Purchase Order, Strengthening Decade-Long Partnership with Leading Retail Chain
29 Aug 24
OMNIQ Announces Collaboration Agreement With SHVA, Strengthening Fintech Capabilities to Provide a Total Customer Solution
20 Aug 24