Omniq (OMQS) investor relations material

Executive summary

• Revenue for Q1 2026 was $7.7 million, down 4% year-over-year due to project timing.

• Net loss from continuing operations was $1.65 million, an improvement from $2.09 million in Q1 2025.

• Net loss per share improved to ($0.11) from ($0.19) year-over-year.

• Comprehensive loss for Q1 2026 was $1.45 million, with foreign currency translation as the only other component.

• Continued expansion in AI machine vision and automation across healthcare, enterprise, and vehicle inspection markets.

Financial highlights

• Gross profit for Q1 2026 was $2.26 million, up 3% year-over-year.

• Operating expenses increased 35% to $3.5 million, mainly due to higher selling and administrative costs.

• Cash and cash equivalents stood at $787,000 as of March 31, 2026.

• Working capital deficit increased to $14.6 million from $13.2 million at year-end 2025.

• Accumulated deficit reached $125.7 million.

Outlook and guidance

• Management is focused on reducing expenditures and increasing sales with prime customers.

• Strategic emphasis on profitable product lines and aggressive debt settlement continues.

• Ongoing product focus and cost-reduction strategies aim to increase revenue, profitability, and operational efficiency.

• Management expects continued demand for AI-powered solutions in key sectors.

• No material impact from inflation is expected.