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Financial Results

Fiscal Q1 2024 Financial Summary

Revenue of

$4.4 million

versus $10.5 million in Q1 2023

GAAP operating loss of

($7.2) million

versus ($3.5) million in Q1 2023

Adjusted EBITDA of

($6.1) million

versus ($2.4) million in Q1 2023

GAAP net loss per share of

($6.7) million

versus ($3.5) million in Q1 2023

Recent Business Highlights

  • Selected to provide comprehensive Early Warning System (EWS) for 37 dams on the island of Puerto Rico.  The $60 million to $70 million solution includes both Genasys Protect software and ACOUSTICS, integrated with sensors and communication equipment
  • Chosen for multi-year statewide CONNECT contract with the Utah Department of Corrections
  • Won 5-year Genasys Protect EVAC contract with Los Angeles County, the nation’s most populous county spanning more than 4,000 square miles
  • Expanded contracts with Marin and San Mateo counties in California to include Traffic AI, powered by Ladris
  • Genasys named a Strong Performer in The Forrester Wave™: Critical Event Management Platforms, Q4 2023 report

Financial Results

  • FY 2024
  • FY 2023
  • FY 2022

For a complete list of SEC filings, please click here