Daic
7/2/2025 05:04am
**Dot AI (DAIC) is facing significant challenges as reflected in its negative net income and diluted EPS for Q3 2024.** Here's a detailed analysis:
1. **Financial Performance**: Dot AI reported a net loss of $298,188 for Q3 2024, with a diluted EPS of -$0.02. This indicates that the company has incurred a substantial loss during the quarter.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|DAIC|DAIC.O|CID||||185|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|DAIC|DAIC.O|CID|2023 Q4|-256.66665780497726|-2946516|185|
|DAIC|DAIC.O|CID|2024 Q2|-126.04617613052491|-222793|185|
|DAIC|DAIC.O|CID|2024 Q3|-507.9235010054857|-298188|185|
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|DAIC|DAIC.O|CID|2024 Q2|-166.66666666666669|-0.02|185|
|DAIC|DAIC.O|CID|2024 Q3||-0.02|185|
2. **Revenue Decline**: The company's revenue growth rate is not currently available, but the fact that it has reported a net loss suggests that its revenue may not be sufficient to cover its expenses.
|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|DAIC|DAIC.O|CID|2023 Q4|-256.66665780497726|||185|
|DAIC|DAIC.O|CID|2024 Q2|-126.04617613052491||-166.66666666666669|185|
|DAIC|DAIC.O|CID|2024 Q3|-507.9235010054857|||185|
3. **Cash Flow Concerns**: Dot AI's operating cash flow for the quarter was negative, amounting to -$198,103. This negative cash flow could indicate that the company is struggling to generate enough cash to support its operations.
|code|Ticker|Name|Date|Free Cash Flow|Operating Cash Flow|market_code|
|---|---|---|---|---|---|---|
|DAIC|DAIC.O|CID|2023 Q4||-176846|185|
|DAIC|DAIC.O|CID|2024 Q2|1577839.724492||185|
|DAIC|DAIC.O|CID|2024 Q3|1119900.492355|-198103|185|
4. **Stock Performance**: The company's stock has experienced a significant surge in its Nasdaq debut, with a closing price of $38 on June 23, 2025. However, this does not necessarily reflect the financial health of the company.
5. **Market Sentiment**: Despite the negative financial indicators, the company's stock performance and market sentiment may be influenced by its strategic plans and potential for growth in the AI and IoT sectors.
In conclusion, Dot AI is currently facing financial challenges as evidenced by its negative net income and diluted EPS. The company's ability to turn around its financial performance will depend on its ability to generate revenue growth and manage its expenses effectively. Investors should closely monitor the company's future financial reports and market developments to assess its potential for recovery and growth.