A Business at a Glance
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Artificial Intelligence Technology Solutions Inc.
AITX
$119M
Mkt Cap
$0.01
-10.13%
Artificial Intelligence Technology Solutions Inc. (AITX) has a 5-year average return on invested capital (ROIC) of -139.3%. This is below average and may indicate limited pricing power.
Artificial Intelligence Technology Solutions Inc. (AITX) has a market capitalization of $165M. It is classified as a small-cap stock.
Artificial Intelligence Technology Solutions Inc. (AITX) does not currently pay a regular dividend.
Artificial Intelligence Technology Solutions Inc. (AITX) operates in the Services-Prepackaged Software industry, within the Technology sector.
Artificial Intelligence Technology Solutions Inc. (AITX) generated $-12 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Artificial Intelligence Technology Solutions Inc. (AITX) reported earnings per share (EPS) of $-0.00 in its most recent fiscal year.
ITEM 1. BUSINESS Robotic Assistance Devices, LLC was incorporated in the State of Nevada on July 26, 2016, as an LLC and was founded by current President and CEO, Steve Reinharz. Mr. Reinharz has 30+ years in various leadership/ownership roles in the security industry and was part of a successful exit to a global multinational security company in 2004. Mr. Reinharz started his first security integration company in 1996, which he grew to 30+ employees before closing that company in 2003. In 2017, Robotic Assistance Devices LLC converted to a C Corporation, Robotic Assistance Devices, Inc. (“RAD”), through the issuance of 10,000 common shares to its sole shareholder. Artificial Intelligence Technology Solutions Inc. (formerly known as On the Move Systems Corp.) (“AITX” or the “Company”) was incorporated in Florida on March 25, 2010, and reincorporated in Nevada on February 17, 2015. On August 24, 2018, On the Move Systems Corp.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 7.6M | - | - | - | - | - |
| Net Income | -16M | -19M | -21M | -18M | -62M | -5.9M |
| EPS | $-0.00 | $-0.00 | $0.00 | $0.00 | $-0.02 | $-0.01 |
| Free Cash Flow | -11M | -12M | -13M | -13M | -15M | -3.1M |
| ROIC | -117.4% | -127.0% | -145.5% | -159.2% | -113.8% | -151.0% |
| Gross Margin | 62.6% | - | - | - | - | - |
| Debt/Equity | 0.00 | -0.01 | -0.35 | -0.31 | -0.97 | -0.62 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -14M | -14M | -14M | -13M | -13M | -3.0M |
| Operating Margin | -188.2% | - | - | - | - | - |
| ROE | 0.0% | 43.0% | 57.5% | 68.4% | 350.2% | 33.1% |
| Shares Outstanding | 23,288M | 16,747M | - | - | 3,110M | 590M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 87K | 7K | N/A | 0 | N/A | 115K | 261K | N/A | N/A | N/A | N/A | N/A | 7.6M |
| Gross Margin | 21.8% | 100.0% | N/A | N/A | N/A | 96.1% | 67.9% | N/A | N/A | N/A | N/A | N/A | 62.6% |
| R&D | N/A | N/A | N/A | N/A | 493K | 541K | 333K | 378K | 3.0M | 3.6M | 3.4M | 3.5M | 4.7M |
| SG&A | 575K | 596K | 572K | 302K | 2.4M | 2.8M | 1.5M | 2.7M | 11M | 9.0M | 10.0M | 14M | 14M |
| EBIT | -605K | -652K | -620K | N/A | -3.5M | -3.4M | -1.8M | -3.0M | -13M | -13M | -14M | -14M | -14M |
| Op. Margin | -692.7% | -9660.8% | N/A | N/A | N/A | -2977.6% | -683.7% | N/A | N/A | N/A | N/A | N/A | -188.2% |
| Net Income | N/A | N/A | -1.3M | 34M | -24M | N/A | N/A | -5.9M | -62M | -18M | -21M | -19M | -16M |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -206.4% |
| Non-Recurring | 0 | 0 | 51K | 6K | 564K | 73K | 12K | 0 | 29K | 0 | 16K | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | N/A | N/A | -54.6% | N/A | N/M | N/A | N/A | -151.0% | -113.8% | -159.2% | -145.5% | -127.0% | -117.4% |
| ROE | N/A | N/A | N/A | N/A | 140.9% | N/A | N/A | 33.1% | 350.2% | 68.4% | 57.5% | 43.0% | 0.0% |
| ROA | N/A | N/A | -13423.2% | 539548.8% | -4499.6% | N/A | N/A | -617.4% | -1146.9% | -232.0% | -298.1% | -208.4% | -163.0% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -490K | -379K | -556K | -185K | -3.3M | 1.8M | -1.5M | -3.1M | -15M | -13M | -13M | -12M | -11M |
| Free Cash Flow | -490K | -409K | -586K | -185K | -3.3M | 1.8M | -1.5M | -3.1M | -15M | -13M | -13M | -12M | -11M |
| Owner Earnings | -505K | -391K | -574K | -186K | -3.4M | 1.7M | -1.6M | -3.5M | -17M | -13M | -15M | -16M | -13M |
| CapEx | 0 | 30K | 30K | 0 | 0 | 0 | 10K | 0 | 0 | 258K | 22K | 24K | 11K |
| Maint. CapEx | 15K | 12K | 19K | 0 | 130K | 115K | 52K | 67K | 233K | 182K | 350K | 1.5M | 613K |
| Growth CapEx | N/A | 18K | 11K | N/A | N/A | N/A | 0 | N/A | N/A | 76K | 0 | 0 | 0 |
| D&A | 15K | 12K | 19K | 0 | 130K | 115K | 52K | 67K | 233K | 182K | 350K | 1.5M | 613K |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | N/A | N/A | N/A | N/A | N/A | 0.0% | N/A | 0.0% | 0.0% |
| Stock-Based Comp | N/A | N/A | N/A | N/A | 3K | 13K | 0 | 362K | 2.2M | 740K | 1.8M | 1.8M | 1.8M |
| Debt Repayment | 0 | 0 | 0 | 3K | 50K | 187K | 0 | 250K | 65K | 750K | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | 308K | 2.0M | 2.5M | 87K | 2.2M | 5.9M | 6.9M | 8.0M | 16M | 9.0M | 14M | -347K | 11M |
| Cash & Equiv. | 30K | 3K | 2K | 3K | 25K | 21K | 13K | 1.0M | 4.6M | 940K | 106K | 866K | -722K |
| Long-Term Debt | 44K | 1.5M | 1.9M | 42K | 95K | 462K | 254K | 8.9M | 20M | N/A | N/A | N/A | 2.8M |
| Debt/Equity | -0.45 | -1.91 | -1.57 | -0.01 | -0.06 | -0.38 | -0.33 | -0.62 | -0.97 | -0.31 | -0.35 | -0.01 | 0.00 |
| Interest Coverage | -5.6 | -1.7 | -1.0 | N/A | -0.3 | -0.5 | -0.5 | -0.9 | -0.8 | -2.3 | -2.1 | -2.6 | -2.6 |
| Equity | -747K | -1.0M | -1.6M | -15M | -34M | -16M | -21M | -15M | -21M | -32M | -40M | -50M | -50M |
| Total Assets | 55K | 88K | 9K | 3K | 737K | 591K | 344K | 1.6M | 9.3M | 6.3M | 7.6M | 11M | 9.6M |
| Total Liabilities | 802K | 1.1M | 1.6M | 15M | 35M | 16M | 21M | 16M | 30M | 38M | 48M | 61M | 58M |
| Intangibles | N/A | N/A | N/A | N/A | 56K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | -5.3M | -6.4M | -7.6M | 26M | -36M | -19M | -26M | -32M | -94M | -112M | -133M | -156M | -165M |
| Working Capital | -692K | -879K | -1.0M | -15M | -34M | -15M | -20M | -3.2M | 2.5M | -12M | -18M | -2.5M | -14M |
| Current Assets | 37K | 8K | 6K | 3K | 492K | 367K | 88K | 1.2M | 7.1M | 3.4M | 3.6M | 5.0M | 3.1M |
| Current Liabilities | 729K | 886K | 1.0M | 15M | 35M | 16M | 20M | 4.4M | 4.5M | 15M | 22M | 7.6M | 17M |
| Per Share Data | |||||||||||||
| EPS | -3.08 | -2.81 | -44,000,000.00 | 7,000,000.00 | -0.02 | -4.88 | -52.43 | -0.01 | -0.02 | 0.00 | 0.00 | -0.00 | -0.00 |
| Owner EPS | N/A | N/A | -1,311,713.49 | -423,819.03 | -0.00 | 0.00 | N/A | -0.01 | -0.01 | N/A | N/A | -0.00 | -0.00 |
| Book Value | N/A | N/A | -3,582,821.11 | -34,845,543.24 | -0.03 | -0.00 | N/A | -0.02 | -0.01 | N/A | N/A | -0.00 | -0.00 |
| Cash Flow/Share | N/A | N/A | -1,269,278.61 | -422,067.56 | -0.00 | 0.00 | N/A | -0.01 | -0.00 | N/A | N/A | -0.00 | -0.00 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | N/A | N/A | 0.0M | 0.0M | 1.2B | 29.7B | N/A | 589.9M | 3.1B | N/A | N/A | 16.7B | 23.3B |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -7.6 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 21.7 |
| FCF Yield | N/A | N/A | N/A | N/A | -0.0% | 0.0% | -0.6% | -0.5% | -25.1% | N/A | -48.4% | N/A | -6.5% |
| Market Cap | 0 | 0 | 0 | 0 | 15.2B | 10.8B | 274M | 667M | 59M | 0 | 27M | 0 | 165M |
| Avg. Price | 0.00 | 0.00 | 0.00 | 0.00 | 77,375.77 | 13,340.71 | 13.22 | 0.13 | 0.05 | 0.00 | 0.01 | 0.00 | 0.01 |
| Year-End Price | 0.00 | 0.00 | 0.00 | 0.00 | 49,300.00 | 55.00 | 1.40 | 0.14 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 |
Artificial Intelligence Technology Solutions Inc. passes 1 of 9 quality checks, indicating weak fundamentals.
Artificial Intelligence Technology Solutions Inc. (AITX) has a return on equity (ROE) of 43.0%. This indicates the company generates strong returns for shareholders.
The Ledger Terminal provides 14 years of financial data for Artificial Intelligence Technology Solutions Inc. (AITX), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Artificial Intelligence Technology Solutions Inc. (AITX) has a book value per share of $-0.00, based on its most recent annual SEC filing.