quest was founded in 1994 in portland, oregon. the company has grown to be a leading provider in the mobile computing industry with national coverage and best in class software and integration solutions. supply chain companies use quest solution to reduce inventory, improve operations, lower labor and empower mobile workers with the right information at the right time. companies in manufacturing, distribution, retail, logistics and healthcare have found quest to be a great source for integrated solutions that comprise leading edge technologies and industry specific software solutions. barcode, radio frequency identification (rfid), wireless, mobile computing, mobile printing, tablets, cellular services, security, and managed services expertise is what companies turn to quest for. application software for sales automation, field service, warehouse management, inventory, delivery is configurable to the exact needs of clients who often use sap, oracle, or microsoft in their operations. so
Company profile
Ticker
OMQS
Exchange
Website
CEO
Shai Shalom Lustgarten
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Kyndryl • Leidos • CERNER • Godaddy • Open Text • Parsons • Caci International Inc. - Registered Shares • Veradigm • Unisys • Light & Wonder ...
Former names
AMERIGO ENERGY, INC., GLOBAL GAMING & TECHNOLOGY INC, LEFT RIGHT MAKETING TECHNOLOGY INC, LEFT RIGHT MARKETING TECHNOLOGY INC, Quest Solution, Inc., STRATEGIC GAMING INVESTMENTS, INC.
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 to Participate In Rosenblatt Securities 3RD Annual Technology Summit, the Age of Ai
5 Jun 23
8-K
Omniq Annouces Installment of Its Machine Vision Based Yard Management System
19 May 23
8-K
Regulation FD Disclosure
15 May 23
10-Q
2023 Q1
Quarterly report
15 May 23
8-K
Omniq Schedules First Quarter 2023 Earnings Release after the Market Close on Monday, May 15TH
9 May 23
8-K
Omniq’s Ai-based Border Safety System Enhanced with Real-time Anomaly Detection
4 May 23
8-K
Omniq’s Ceo, Shai Lustgarten, Featured on the Wall Street Resource Webcast
1 May 23
8-K
Omniq’s Q Shield™ Ai-based Safe City System Adds Shot Detection Technology
21 Apr 23
8-K
Honeywell International Names Omniq Momentum Partner of the Year
20 Apr 23
8-K
Regulation FD Disclosure
11 Apr 23
Transcripts
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
OMQS
Earnings call transcript
2022 Q1
17 May 22
OMQS
Earnings call transcript
2021 Q4
1 Apr 22
OMQS
Earnings call transcript
2021 Q3
16 Nov 21
OMQS
Earnings call transcript
2021 Q2
14 Aug 21
OMQS
Earnings call transcript
2021 Q1
14 May 21
OMQS
Earnings call transcript
2020 Q4
1 Apr 21
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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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) | 3.23 mm | 3.23 mm | 3.23 mm | 3.23 mm | 3.23 mm | 3.23 mm |
| Cash burn (monthly) | (no burn) | 307.67 k | 1.23 mm | 1.24 mm | 429.67 k | (no burn) |
| Cash used (since last report) | n/a | 683.21 k | 2.74 mm | 2.75 mm | 954.13 k | n/a |
| Cash remaining | n/a | 2.55 mm | 491.22 k | 479.57 k | 2.28 mm | n/a |
| Runway (months of cash) | n/a | 8.3 | 0.4 | 0.4 | 5.3 | n/a |
Institutional ownership, Q4 2022
3.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 11 |
| Opened positions | 2 |
| Closed positions | 4 |
| Increased positions | 5 |
| Reduced positions | 1 |
| 13F shares | Current |
|---|---|
| Total value | 1.06 bn |
| Total shares | 278.33 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 200.04 k | $873.19 mm |
| Geode Capital Management | 36.53 k | $166.00 k |
| STT State Street | 15.23 k | $69.27 mm |
| BLK Blackrock | 11.41 k | $49.82 mm |
| NTRS Northern Trust | 10.21 k | $44.58 mm |
| PNC PNC Financial Services | 2.30 k | $10.04 mm |
| UBS UBS Group AG - Registered Shares | 1.01 k | $4.42 mm |
| Advisor | 1.00 k | $4.00 mm |
| Tower Research Capital | 557.00 | $2.00 k |
| WFC Wells Fargo & Co. | 38.00 | $166.00 k |
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 |
| 6 Mar 23 | Andrew J MacMillan | Common Stock | Option exercise | Acquire M | No | No | 2.4 | 10,439 | 25.05 k | 29,435 |
| 6 Mar 23 | Andrew J MacMillan | Stock Option Common stock | Option exercise | Dispose M | No | No | 2.4 | 9,561 | 22.95 k | 0 |
| 6 Mar 23 | Shai Shalom Lustgarten | Common Stock | Option exercise | Acquire M | No | No | 2.4 | 52,191 | 125.26 k | 974,822 |
| 6 Mar 23 | Shai Shalom Lustgarten | Stock Option Common stock | Option exercise | Dispose M | No | No | 2.4 | 47,809 | 114.74 k | 0 |
| 6 Mar 23 | Neev Nissenson | Common Stock | Option exercise | Acquire M | No | No | 2.4 | 10,439 | 25.05 k | 67,728 |
| 6 Mar 23 | Neev Nissenson | Stock Option Common stock | Option exercise | Dispose M | No | No | 2.4 | 9,651 | 23.16 k | 0 |
News
Press releases
OMNIQ TO PARTICIPATE IN ROSENBLATT SECURITIES 3RD ANNUAL TECHNOLOGY SUMMIT, THE AGE OF AI
5 Jun 23
OMNIQ ANNOUCES INSTALLMENT OF ITS MACHINE VISION BASED YARD MANAGEMENT SYSTEM
19 May 23
OMNIQ ANNOUNCES RECORD Q1 2023 REVENUE OF $27.8 MILLION AND INCREASED AI BASED REVENUE BY 88%
15 May 23
OMNIQ SCHEDULES FIRST QUARTER 2023 EARNINGS RELEASE AFTER THE MARKET CLOSE ON MONDAY, MAY 15TH
9 May 23
OMNIQ'S AI-BASED BORDER SAFETY SYSTEM ENHANCED WITH REAL-TIME ANOMALY DETECTION
4 May 23