NASDAQ : DUOT
Duos Technologies Group, Inc. — Financial statements
Technology · Software - Application · United States
Last price 6.2 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 195.13M
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Financial statements
Duos Technologies Group, Inc. (DUOT) reported revenue of 26.66M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 26.66M | 27.02M | 7.28M | 7.47M | 15.01M | 8.26M |
| Cost of Revenue | 17.32M | 19.15M | 6.81M | 6.16M | 10.26M | 6.22M |
| Gross Profit | 9.35M | 7.88M | 469.21K | 1.31M | 4.75M | 2.04M |
| Selling, General & Admin | 19.31M | 16.79M | 9.92M | 10.94M | 9.96M | 6.98M |
| Research & Development | 846.85K | 846.85K | 1.53M | 1.81M | 1.65M | 2.52M |
| Operating Expenses | 20.16M | 17.64M | 11.45M | 12.76M | 11.61M | 9.50M |
| Operating Income | -10.82M | -9.76M | -10.98M | -11.45M | -6.87M | -7.46M |
| Interest Expense | -32.72K | -439.26K | -286.11K | -7.16K | -9.19K | -20.27K |
| Interest & Investment Income | 914.62K | 455.41K | 37.22K | |||
| Other Non Operating Income (Expenses) | 9.48K | 7.42K | 88.33K | 62.01K | 9.56K | 1.47M |
| EBT Excluding Unusual Items | -9.92M | -9.74M | -11.14M | -11.39M | -6.86M | -6.01M |
| Gain (Loss) on Sale of Assets | 150.00K | |||||
| Other Unusual Items | -95.72K | -95.72K | 379.63K | |||
| Pretax Income | 43.21M | -9.84M | -10.76M | -11.24M | -6.86M | -6.01M |
| Net Income | 40.11M | -9.84M | -10.76M | -11.24M | -6.86M | -6.01M |
| Net Income to Common | 40.11M | -9.84M | -10.76M | -11.24M | -6.86M | -6.01M |
| Shares Outstanding (Basic) | 22.90M | 15.27M | 7.74M | 7.20M | 6.18M | 3.69M |
| Shares Outstanding (Diluted) | 25.58M | 15.27M | 7.74M | 7.20M | 6.18M | 3.69M |
| EPS (Basic) | 1.75 | -0.64 | -1.39 | -1.56 | -1.11 | -1.63 |
| EPS (Diluted) | 1.56 | -0.64 | -1.39 | -1.56 | -1.11 | -1.63 |
| Free Cash Flow | -88.12M | -37.41M | -5.32M | -9.24M | -8.22M | -7.12M |
| Free Cash Flow Per Share | -3.44 | -2.45 | -0.69 | -1.28 | -1.33 | -1.93 |
| Gross Margin | 35.05% | 29.15% | 6.44% | 17.52% | 31.63% | 24.69% |
| Operating Margin | -40.57% | -36.13% | -150.85% | -153.21% | -45.73% | -90.28% |
| Profit Margin | 150.46% | -36.39% | -147.84% | -150.47% | -45.73% | -72.75% |
| Free Cash Flow Margin | -330.50% | -138.44% | -73.07% | -123.72% | -54.74% | -86.26% |
| EBITDA | -8.80M | -7.83M | -9.11M | -11.12M | -6.53M | -7.18M |
| EBITDA Margin | -33.02% | -28.98% | -125.16% | -148.85% | -43.51% | -86.94% |
| D&A For EBITDA | 2.01M | 1.93M | 1.87M | 325.61K | 333.62K | 275.35K |
| EBIT | -10.82M | -9.76M | -10.98M | -11.45M | -6.87M | -7.46M |
| EBIT Margin | -40.57% | -36.13% | -150.85% | -153.21% | -45.73% | -90.28% |
| Revenue as Reported | 26.66M | 27.02M | 7.28M | 7.47M | 15.01M | 8.26M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 112.31M | 15.47M | 6.27M | 2.44M | 1.12M | 893.72K |
| Cash & Short-Term Investments | 112.31M | 15.47M | 6.27M | 2.44M | 1.12M | 893.72K |
| Receivables | 15.90M | 6.81M | 1.04M | 2.10M | 3.84M | 1.74M |
| Inventory | 50.44K | 306.76K | 605.36K | 1.53M | 1.43M | 298.34K |
| Prepaid Expenses | 1.46M | 489.07K | 176.34K | 184.48K | 441.32K | 354.61K |
| Total Current Assets | 129.72M | 23.08M | 8.09M | 6.26M | 6.83M | 3.29M |
| Property, Plant & Equipment | 30.33M | 31.69M | 8.66M | 4.85M | 5.32M | 5.53M |
| Long-Term Investments | 7.23M | 7.23M | ||||
| Other Intangible Assets | 14.60K | 340.30K | 10.28M | 1.03M | 334.94K | 66.48K |
| Long-Term Accounts Receivable | 209.24K | 227.63K | ||||
| Other Long-Term Assets | 81.02M | 841.77K | 696.32K | 550.00K | 600.00K | 600.00K |
| Total Assets | 241.29M | 63.41M | 34.96M | 12.84M | 13.09M | 9.48M |
| Accounts Payable | 1.45M | 4.86M | 969.82K | 595.63K | 2.29M | 1.04M |
| Accrued Expenses | 760.49K | 306.20K | 373.25K | 164.11K | 453.02K | 618.09K |
| Short-Term Debt | 326.62K | 2.04K | 1.78M | 41.98K | 74.58K | 52.50K |
| Current Portion of Leases | 103.22K | 871.52K | 1.17M | 779.09K | 719.72K | 395.64K |
| Current Unearned Revenue | 7.69M | 5.05M | 11.81M | 1.67M | 958.00K | 1.83M |
| Total Current Liabilities | 15.31M | 11.09M | 16.09M | 3.25M | 4.50M | 3.94M |
| Long-Term Leases | 522.80K | 3.76M | 5.59M | 4.23M | 4.54M | 4.76M |
| Long-Term Unearned Revenue | 13.56M | 11.02M | ||||
| Total Liabilities | 33.88M | 14.86M | 32.70M | 7.48M | 9.04M | 8.70M |
| Common Stock | 31.27K | 20.45K | 8.92K | 7.31K | 7.16K | 4.11K |
| Additional Paid-In Capital | 247.38M | 132.89M | 76.78M | 69.12M | 56.56M | 46.43M |
| Retained Earnings | -39.85M | -84.20M | -74.37M | -63.60M | -52.36M | -45.50M |
| Treasury Stock | -157.45K | -157.45K | -157.45K | -157.45K | -157.45K | -157.45K |
| Total Common Equity | 207.40M | 48.55M | 2.26M | 5.37M | 4.05M | 781.48K |
| Shareholders' Equity | 207.40M | 48.55M | 2.26M | 5.37M | 4.05M | 781.49K |
| Total Liabilities & Equity | 241.29M | 63.41M | 34.96M | 12.84M | 13.09M | 9.48M |
| Total Debt | 952.64K | 4.64M | 8.53M | 5.05M | 5.34M | 5.21M |
| Net Cash (Debt) | 111.36M | 10.83M | -2.27M | -2.61M | -4.22M | -4.32M |
| Net Cash Per Share | 4.35 | 0.71 | -0.29 | -0.36 | -0.68 | -1.17 |
| Filing Date Shares Outstanding | 31.47M | 29.54M | 11.52M | 7.31M | 7.16M | 6.09M |
| Total Common Shares Outstanding | 31.27M | 20.45M | 8.92M | 7.31M | 7.16M | 4.11M |
| Working Capital | 114.40M | 11.99M | -8.00M | 3.01M | 2.34M | -651.38K |
| Book Value Per Share | 6.63 | 2.37 | 0.25 | 0.73 | 0.57 | 0.19 |
| Tangible Book Value | 207.39M | 48.21M | -8.02M | 4.34M | 3.72M | 715.00K |
| Tangible Book Value Per Share | 6.63 | 2.36 | -0.90 | 0.59 | 0.52 | 0.17 |
| Machinery | 3.25M | 3.57M | 1.70M | 1.42M | 1.61M | 1.26M |
| Construction In Progress | 26.64M | 25.59M | 2.10M | |||
| Leasehold Improvements | 306.91K | 298.00K | 298.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 40.11M | -9.84M | -10.76M | -11.24M | -6.86M | -6.01M |
| Depreciation & Amortization | 2.26M | 2.32M | 2.22M | 642.38K | 569.45K | 525.83K |
| Other Amortization | 351.44K | 678.18K | 525.74K | 224.59K | 16.58K | |
| Loss (Gain) From Sale of Assets | 14.45K | |||||
| Asset Writedown & Restructuring Costs | 72.87K | 72.87K | ||||
| Stock-Based Compensation | 4.37M | 4.63M | 273.98K | 853.11K | 976.69K | 406.58K |
| Provision & Write-off of Bad Debts | 40.56K | 237.29K | 76.05K | |||
| Other Operating Activities | 84.68K | 84.68K | -498.90K | -1.42M | ||
| Change in Accounts Receivable | -4.77M | -5.74M | 989.16K | 1.74M | -2.10M | -512.01K |
| Change in Inventory | -21.90K | 28.53K | 52.70K | -97.80K | -1.13M | -185.91K |
| Change in Accounts Payable | 824.38K | 3.89M | 374.19K | -1.69M | 1.25M | 437.48K |
| Change in Unearned Revenue | 11.17M | -9.64M | 2.76M | 708.25K | -871.31K | 804.39K |
| Change in Other Net Operating Assets | 4.75M | -239.29K | 345.58K | 119.81K | 286.20K | -715.75K |
| Operating Cash Flow | 5.49M | -13.75M | -3.49M | -8.75M | -7.87M | -6.58M |
| Capital Expenditures | -93.60M | -23.66M | -1.83M | -496.69K | -344.92K | -545.50K |
| Sale (Purchase) of Intangibles | -71.57K | -71.57K | -9.54K | -597.22K | -299.97K | -7.43K |
| Investing Cash Flow | -49.02M | -23.73M | -1.84M | -1.09M | -644.89K | -552.94K |
| Short-Term Debt Issued | 2.20M | |||||
| Total Debt Issued | 2.20M | |||||
| Short-Term Debt Repaid | -2.66M | -430.86K | -520.53K | |||
| Long-Term Debt Repaid | -2.15M | -22.85K | -411.51K | -443.06K | ||
| Total Debt Repaid | -3.92M | -4.81M | -430.86K | -543.38K | -411.51K | -443.06K |
| Net Debt Issued (Repaid) | -3.92M | -4.81M | 1.77M | -543.38K | -411.51K | -443.06K |
| Issuance of Common Stock | 169.65M | 55.08M | 4.61M | 230.40K | 8.80M | |
| Other Financing Activities | -11.36M | -3.58M | -220.18K | -25.80K | -942.93K | |
| Financing Cash Flow | 154.37M | 46.69M | 9.15M | 11.16M | 8.75M | 4.06M |
| Net Cash Flow | 110.83M | 9.21M | 3.82M | 1.32M | 227.37K | -3.08M |
| Free Cash Flow | -88.12M | -37.41M | -5.32M | -9.24M | -8.22M | -7.12M |
| Free Cash Flow Margin | -330.50% | -138.44% | -73.07% | -123.72% | -54.74% | -86.26% |
| Free Cash Flow Per Share | -3.44 | -2.45 | -0.69 | -1.28 | -1.33 | -1.93 |
| Levered Free Cash Flow | -103.14M | -31.20M | 6.85M | -5.91M | -6.49M | -4.18M |
| Unlevered Free Cash Flow | -103.13M | -31.27M | 6.84M | -5.90M | -6.48M | -4.17M |
| Cash Interest Paid | 278.96K | 282.83K | 3.87K | 7.16K | 9.29K | 30.82K |
| Cash Income Tax Paid | 71.72K | 91.46K | 20.13K | 29.09K | 1.26K | |
| Change in Working Capital | 11.95M | -11.70M | 4.52M | 775.07K | -2.57M | -171.81K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 190.41M | 229.66M | 50.29M | 21.01M | 14.28M | 18.52M |
| Enterprise Value | 79.05M | 201.13M | 56.21M | 22.97M | 14.57M | 22.67M |
| Last Close Price | 6.20 | 11.25 | 5.98 | 2.90 | 2.00 | 5.13 |
| Forward PE | 59.19 | 47.65 | 47.65 | 47.65 | 47.65 | 47.65 |
| PS Ratio | 7.32 | 8.50 | 6.91 | 2.81 | 0.95 | 2.24 |
| PB Ratio | 0.93 | 4.73 | 22.24 | 3.92 | 3.53 | 23.70 |
| P/TBV Ratio | 0.94 | 4.76 | 4.85 | 3.84 | 25.91 | |
| EV/Sales Ratio | 3.14 | 7.44 | 7.72 | 3.07 | 0.97 | 2.75 |
| Debt / Equity Ratio | 0.01 | 0.10 | 3.77 | 0.94 | 1.32 | 6.67 |
| Net Debt / Equity Ratio | -0.54 | -0.22 | 1.00 | 0.49 | 1.04 | 5.52 |
| Net Debt / EBITDA Ratio | 12.65 | 1.38 | -0.25 | -0.23 | -0.65 | -0.60 |
| Net Debt / FCF Ratio | 1.26 | 0.29 | -0.43 | -0.28 | -0.51 | -0.61 |
| Asset Turnover | 0.20 | 0.55 | 0.30 | 0.58 | 1.33 | 1.04 |
| Inventory Turnover | 61.84 | 41.98 | 6.39 | 4.17 | 11.89 | 30.29 |
| Quick Ratio | 8.37 | 2.01 | 0.45 | 1.40 | 1.10 | 0.67 |
| Current Ratio | 8.47 | 2.08 | 0.50 | 1.93 | 1.52 | 0.83 |
| Return on Equity (ROE) | 36.04% | -38.71% | -282.24% | -238.75% | -284.14% | -450.90% |
| Return on Assets (ROA) | -4.96% | -12.41% | -28.72% | -55.18% | -38.02% | -58.66% |
| Return on Capital Employed (ROCE) | -4.80% | -18.70% | -58.20% | -119.30% | -79.90% | -134.50% |
| Earnings Yield | 25.83% | -4.28% | -21.41% | -53.50% | -48.07% | -32.44% |
| FCF Yield | -45.16% | -16.29% | -10.58% | -43.99% | -57.55% | -38.46% |
| Buyback Yield / Dilution | -159.56% | -97.32% | -7.39% | -16.66% | -67.16% | -11.27% |