
Progress Alternatives – AITX has the likely to boost its revenue mainly because it broadens its array of items and customer base. There are options for growth in revenue as AITX expands its product portfolio and clientele.
Dependency on Partnerships – AITX’s distribution and revenue depend on partnerships that may have both of those advantages and disadvantages.
Its concentration is on Ai-pushed technologies capable of currently being paired with multi-use components and can certainly integrate with custom application and cloud services. Also, Also they are linked to the automation and integration of stability, concierge, and operational tasks.
Large-interest rates are not going to have an impact on the growth with the company but will also set selling stress on AITX stock price. For the reason that US Federal Reserve is predicted to keep the rates significant for your foreseeable future, it will be rough for AITX to achieve its 2023 targets.
The company has also acquired orders from Texas Vendor Pro Security Group. The orders had been for ROSA autonomous security robots and were asked for by their RAD subsidiary. The company also recently introduced that it had been bringing the RAD mild my way, an integrated facility and campus safety application towards the market.
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The company's third-quarter 2021 balance sheet also reveals vital information concerning the company's financial health. The debt-to-asset ratio on the corporation was over 270 percent, plus the assets on the corporation had been Furthermore more compact than its liabilities.
The app is typically licensed at $299 for every person a month, signaling the company’s strategic shift to really make it free.
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Levels of competition – AITX is operating in a very very competitive market, where it faces Competitors from both perfectly-founded gamers and rising startups that focus on AI and robotics.

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