Artificial Intelligence Technology Solutions Inc. Reports Revenue Growth, Aims for Positive Cash Flow in 18 Months

Reuters
05-30
<a href="https://laohu8.com/S/AITX">Artificial Intelligence Technology Solutions Inc.</a> Reports Revenue Growth, Aims for Positive Cash Flow in 18 Months

Artificial Intelligence Technology Solutions Inc. released its financial results, showing a commitment to stabilizing technology and understanding the sales process. The company remains focused on growing revenues and achieving positive cash flow within 18 months. Management expects no issues with extending debt deadlines, supported by a recent $4 million loan facility. An equity financing agreement was entered in September 2024, allowing an investor to purchase up to $30 million of the company's common stock over two years, with $24 million still available for issuance. Looking ahead, the company plans to reduce debt and prepare for an uplist to Nasdaq.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Artificial Intelligence Technology Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-012903), on May 29, 2025, and is solely responsible for the information contained therein.

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