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Stock impact report

Loss-Making Duos Technologies Group, Inc. (NASDAQ:DUOT) Expected To Breakeven In The Medium-Term [Yahoo! Finance]

Duos Technologies Group, Inc. (DUOT) 
NASDAQ:AMEX Investor Relations: ir.duostechnologies.com
Company Research Source: Yahoo! Finance
Duos Technologies Group, Inc. designs, develops, deploys, and operates intelligent technology solutions in North America. With the latest financial year loss of US$11m and a trailing-twelve-month loss of US$11m, the US$52m market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on Duos Technologies Group's investors mind, we've decided to gauge market sentiment. We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. According to the 2 industry analysts covering Duos Technologies Group, the consensus is that breakeven is near. They expect the company to post a final loss in 2025, before turning a profit of US$2.9m in 2026. Therefore, the company is expected to breakeven just over a year from today. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an averag Show less Read more
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