Summary
AirIQ Announces September 30, 2024 Quarterly Results Company Reports Double-Digit Growth in Recurring Revenue
TORONTO, ON / ACCESSWIRE / November 21, 2024 / AirIQ Inc. ("AirIQ") (TSXV:IQ), a leader in IoT-based asset management solutions since 1997, today announced its financial results for the three and six months ended September 30, 2024, reporting a double-digit increase in recurring revenue. Second Quarter Highlights (for the three months ended September 30, 2024 compared to September 30, 2023) Recurring revenue of $1,198,787 increased by 11% or $118,753 compared to $1,080,034.
AirIQ Announces June 30, 2024 Quarterly Results Company Reports Record Recurring Revenue
TORONTO, ON / ACCESSWIRE / August 16, 2024 / AirIQ Inc. ("AirIQ") (TSXV:IQ), a leader in IoT-based asset management solutions since 1997, today announced its financial results for the three months ended June 30, 2024, reporting record recurring revenues since it began tracking this metric. First Quarter Highlights (for the three months ended June 30, 2024 compared to June 30, 2023) Recurring revenue of $1,172,940 increased by 7% or $72,890 compared to $1,100,050.
AirIQ and UScellular Forge Strategic Partnership to Enhance IoT Solutions
TORONTO, ON / ACCESSWIRE / July 30, 2024 / AirIQ Inc. ("AirIQ") (TSXV:IQ), a leader in IoT-based asset management solutions since 1997, is excited to announce a strategic partnership with UScellular, a leading telecommunications provider in the United States known for its reliable and expansive network. This partnership leverages AirIQ's expertise in IoT Solutions and UScellular's extensive and reliable network to offer customers unparalleled connectivity and innovative solutions.
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Airiq Inc. Profile
| Software Industry | Information Technology Sector | Michael J. Robb CEO | OTC PINK Exchange | 009120403 CUSIP |
| CA Country | 32 Employees | - Last Dividend | 3 Feb 2011 Last Split | 24 Feb 1995 IPO Date |
Overview
AirIQ Inc. is a prominent player in the North American telematics industry, dedicated to offering advanced asset management solutions through its sophisticated telematics system. Since its inception in 1997, the company has been at the forefront of leveraging cutting-edge technologies such as digitized mapping, wireless communications, the internet, and the Global Positioning System (GPS) to enhance the capabilities of fleet operators and vehicle owners. Based in Pickering, Canada, AirIQ Inc. is focused on providing innovative services that enable businesses to effectively monitor, manage, and protect their mobile assets. Catering to a diverse range of industries including construction, healthcare, food and beverage, trades and service, rental, and trucking and transportation, AirIQ Inc. demonstrates a broad applicability of its solutions in responding to various operational needs and challenges.
Products and Services
- Instant Vehicle Locating
- Boundary Notification
- Automated Inventory Reports
- Maintenance Reminders
- Security Alerts
- Vehicle Disabling
- Unauthorized Movement Alerts
Enables the real-time tracking of vehicles, ensuring fleet operators can quickly and easily ascertain the location of their assets for efficient fleet management and improved response times in critical situations.
This feature sends alerts when a vehicle enters or exits predefined geographical areas, allowing for enhanced security and operational control by monitoring unauthorized vehicle movements.
Facilitates efficient fleet management by automatically generating detailed reports on the inventory status of the fleet, helping businesses streamline their operations and reduce administrative overhead.
Keeps track of maintenance schedules for each vehicle, issuing reminders to ensure timely service actions are taken. This aids in optimizing vehicle performance and extending lifespan through proactive maintenance.
Provides immediate notifications in the event of security breaches, such as unauthorized access or theft attempts, contributing to the rapid response and increased protection of assets.
A critical security feature that allows fleet operators to remotely disable a vehicle in the case of theft or unauthorized use, ensuring enhanced control over the fleet’s security.
Alerts the fleet operator immediately if a vehicle is moved without authorization, offering an additional layer of security against theft or misuse of the assets.
AirIQ Inc. delivers these services through a convenient web-based platform or via a mobile app, ensuring accessibility and ease of use for their clients. The integration of these services into their clients’ operations showcases AirIQ Inc.’s commitment to innovation and customer satisfaction in the telematics field.
