Duos Technologies Group (DUOT) Revenue & Revenue Breakdown
Duos Technologies Group Revenue Highlights
Latest Revenue (Y)
$7.47M
Latest Revenue (Q)
$1.51M
Main Segment (Y)
Product
Main Geography (Y)
North America
Duos Technologies Group Revenue by Period
Duos Technologies Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $7.47M | -50.23% |
| 2022-12-31 | $15.01M | 81.75% |
| 2021-12-31 | $8.26M | 2.74% |
| 2020-12-31 | $8.04M | -41.07% |
| 2019-12-31 | $13.64M | 13.22% |
| 2018-12-31 | $12.05M | 210.16% |
| 2017-12-31 | $3.88M | -36.37% |
| 2016-12-31 | $6.10M | -9.79% |
| 2015-12-31 | $6.77M | 1586.41% |
| 2014-12-31 | $401.31K | -33.95% |
| 2013-12-31 | $607.60K | -1.55% |
| 2012-12-31 | $617.19K | -7.35% |
| 2011-12-31 | $666.15K | -37.78% |
| 2010-12-31 | $1.07M | 37.23% |
| 2009-12-31 | $780.24K | -36.33% |
| 2008-12-31 | $1.23M | 166.46% |
| 2007-12-31 | $459.91K | - |
Duos Technologies Group generated $7.47M in revenue during NA 2023, up -50.23% compared to the previous quarter, and up 62.01% compared to the same period a year ago.
Duos Technologies Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.51M | 41.08% |
| 2024-03-31 | $1.07M | -29.83% |
| 2023-12-31 | $1.53M | -0.33% |
| 2023-09-30 | $1.53M | -13.51% |
| 2023-06-30 | $1.77M | -33.06% |
| 2023-03-31 | $2.64M | -55.44% |
| 2022-12-31 | $5.93M | 47.52% |
| 2022-09-30 | $4.02M | 11.20% |
| 2022-06-30 | $3.62M | 151.31% |
| 2022-03-31 | $1.44M | -61.27% |
| 2021-12-31 | $3.72M | 113.51% |
| 2021-09-30 | $1.74M | 168.31% |
| 2021-06-30 | $648.67K | -69.90% |
| 2021-03-31 | $2.15M | -43.06% |
| 2020-12-31 | $3.78M | 195.21% |
| 2020-09-30 | $1.28M | -35.33% |
| 2020-06-30 | $1.98M | 100.03% |
| 2020-03-31 | $990.95K | -82.75% |
| 2019-12-31 | $5.75M | 161.33% |
| 2019-09-30 | $2.20M | 63.35% |
| 2019-06-30 | $1.35M | -69.08% |
| 2019-03-31 | $4.35M | 70.11% |
| 2018-12-31 | $2.56M | -49.86% |
| 2018-09-30 | $5.10M | 57.47% |
| 2018-06-30 | $3.24M | 182.25% |
| 2018-03-31 | $1.15M | 79.19% |
| 2017-12-31 | $640.62K | -38.74% |
| 2017-09-30 | $1.05M | -10.04% |
| 2017-06-30 | $1.16M | 12.24% |
| 2017-03-31 | $1.04M | -50.36% |
| 2016-12-31 | $2.09M | 52.60% |
| 2016-09-30 | $1.37M | -17.00% |
| 2016-06-30 | $1.65M | 64.02% |
| 2016-03-31 | $1.00M | -44.66% |
| 2015-12-31 | $1.81M | -19.07% |
| 2015-09-30 | $2.24M | 39.36% |
| 2015-06-30 | $1.61M | 31626.86% |
| 2015-03-31 | $5.07K | -95.70% |
| 2014-12-31 | $117.92K | 466.64% |
| 2014-09-30 | $20.81K | -84.63% |
| 2014-06-30 | $135.42K | 6.49% |
| 2014-03-31 | $127.17K | 533.35% |
| 2013-12-31 | $20.08K | -87.25% |
| 2013-09-30 | $157.44K | -29.40% |
| 2013-06-30 | $223.02K | 6.78% |
| 2013-03-31 | $208.86K | 68.62% |
| 2012-12-31 | $123.87K | -52.29% |
| 2012-09-30 | $259.62K | 64.20% |
| 2012-06-30 | $158.11K | 109.15% |
| 2012-03-31 | $75.59K | -75.16% |
| 2011-12-31 | $304.27K | 90.17% |
| 2011-09-30 | $160.00K | 114.42% |
| 2011-06-30 | $74.62K | -41.36% |
| 2011-03-31 | $127.25K | -53.41% |
| 2010-12-31 | $273.13K | -10.72% |
| 2010-09-30 | $305.93K | 30.19% |
| 2010-06-30 | $234.99K | -8.44% |
| 2010-03-31 | $256.65K | 48.03% |
| 2009-12-31 | $173.38K | -36.15% |
| 2009-09-30 | $271.53K | 99.29% |
| 2009-06-30 | $136.25K | -31.56% |
| 2009-03-31 | $199.08K | 22.17% |
| 2008-12-31 | $162.96K | -51.09% |
| 2008-09-30 | $333.21K | -29.56% |
| 2008-06-30 | $473.02K | 84.58% |
| 2008-03-31 | $256.26K | 19.70% |
| 2007-12-31 | $214.10K | - |
Duos Technologies Group generated $1.51M in revenue during Q2 2024, up 41.08% compared to the previous quarter, and up 57.12% compared to the same period a year ago.
Duos Technologies Group Revenue Breakdown
Duos Technologies Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 18 |
|---|---|---|---|---|---|
| Product | $4.35M | $11.19M | $5.87M | - | - |
| Service, Other | $3.85M | $3.82M | $2.39M | - | - |
| Overhead | - | - | $2.30M | - | - |
| Technology systems | - | - | - | $4.96M | - |
| AI technologies | - | - | - | $1.01M | - |
| Consulting services | - | - | - | $273.60K | - |
| Technical support | - | - | - | $1.80M | - |
| Maintenance and Technical Support Revenues | - | - | - | - | $1.17M |
| Project Revenues | - | - | - | - | $10.75M |
| IT Asset Management Services Revenues | - | - | - | - | $124.48K |
Duos Technologies Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (53.04%), and Service, Other (46.96%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Technology Service | $780.91K | $583.44K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service, Other | $1.25M | $800.83K | $2.21M | $825.07K | $816.52K | $1.02M | $1.31M | $837.10K | $656.05K | $588.22K | $587.31K | $548.27K | - | - | - | - | - | - | - | - |
| Product | - | - | $1.64M | $883.84K | $1.83M | $4.92M | $2.71M | $2.78M | $783.27K | $3.13M | $1.15M | $100.40K | - | - | - | - | - | - | - | - |
| Maintenance And Support | - | - | - | - | $709.17K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Overhead | - | - | - | - | - | - | - | - | - | - | - | $657.91K | $593.23K | $503.59K | - | - | - | - | - | - |
| Technology systems | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.49M | $2.35M | $672.95K | - | - | - | - |
| Services and consulting | - | - | - | - | - | - | - | - | - | - | - | - | - | $664.46K | - | - | - | - | - | - |
| Consulting services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $88.92K | $50.22K | - | - | - | - |
| AI technologies | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $774.17K | $56.28K | $178.22K | - | - | - |
| Technical support | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $571.23K | $502.50K | - | - | - | - |
| Maintenance and Technical Support Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $382.12K | $229.01K | $280.60K | - |
| IT Asset Management Services Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.38K | $48.09K | $80.21K | - |
| Project Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.42M | $1.92M | $984.99K | - |
| Technical Support | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $345.19K | - | - |
| Consulting Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $132.08K | - | - |
| Technology Systems | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $513.67K | - | - |
Duos Technologies Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Service, Other (61.46%), and Technology Service (38.54%).
Duos Technologies Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 18 |
|---|---|---|---|---|---|
| North America | $7.47M | - | - | - | - |
| A I | - | $234.77K | - | - | - |
| It Suppliers | - | - | $3.18K | - | - |
| IT Suppliers | - | - | - | $7.16K | $124.48K |
Duos Technologies Group's latest annual revenue breakdown by geography, as of Dec 23: North America (100.00%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $1.51M | $1.07M | $5.94M | $1.53M | $3.72M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service, Other | - | - | - | - | $816.52K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Product | - | - | - | - | $1.83M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| A I | - | - | - | - | - | $479.19K | $183.38K | $150.44K | $131.41K | $204.53K | $3.99K | - | - | - | - | - | - | - | - | - |
| It Suppliers | - | - | - | - | - | - | - | - | - | - | $945.00 | $795.00 | - | - | - | - | - | - | - | - |
| IT Suppliers | - | - | - | - | - | - | - | - | - | - | - | - | $130.59K | $88.92K | $47.83K | $2.38K | $129.70K | $53.86K | $32.81K | $112.17K |
Duos Technologies Group's latest quarterly revenue breakdown by geography, as of Jun 24: North America (100.00%).
Duos Technologies Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| OCFT | OneConnect Financial | $3.67B | $723.27M |
| RBT | Rubicon | $697.58M | $163.06M |
| ADEA | Adeia | $388.79M | $87.35M |
| ALKT | Alkami | $264.83M | $82.16M |
| BCOV | Brightcove | $201.19M | $49.25M |
| ENFN | Enfusion | $174.53M | $49.45M |
| AMSWA | American Software | $102.52M | $26.19M |
| CCRD | CoreCard | $56.00M | $13.80M |
| PBTS | X3 | $10.48M | $1.73M |
| DUOT | Duos Technologies Group | $7.47M | $1.51M |
| MYSZ | My Size | $7.00M | $1.98M |
| IDAI | T Stamp | $4.56M | $573.68K |
| IDBA | IDEX Biometrics ASA | $4.09M | $1.46M |
| AMST | Amesite | $845.01K | $34.26K |
DUOT Revenue FAQ
What is Duos Technologies Group’s yearly revenue?
Duos Technologies Group's yearly revenue for 2023 was $7.47M, representing a decrease of -50.23% compared to 2022. The company's yearly revenue for 2022 was $15.01M, representing an increase of 81.75% compared to 2021. DUOT's yearly revenue for 2021 was $8.26M, representing an increase of 2.74% compared to 2020.
What is Duos Technologies Group’s quarterly revenue?
Duos Technologies Group's quarterly revenue for Q2 2024 was $1.51M, a 41.08% increase from the previous quarter (Q1 2024), and a -14.66% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.07M, a -29.83% decrease from the previous quarter (Q4 2023), and a -59.51% decrease year-over-year (Q1 2023). DUOT's quarterly revenue for Q4 2023 was $1.53M, a -0.33% decrease from the previous quarter (Q3 2023), and a -74.28% decrease year-over-year (Q4 2022).
What is Duos Technologies Group’s revenue growth rate?
Duos Technologies Group's revenue growth rate for the last 3 years (2021-2023) was -9.55%, and for the last 5 years (2019-2023) was -45.23%.
What are Duos Technologies Group’s revenue streams?
Duos Technologies Group's revenue streams in c 23 are Product, and Service, Other. Product generated $4.35M in revenue, accounting 53.04% of the company's total revenue, down -61.11% year-over-year. Service, Other generated $3.85M in revenue, accounting 46.96% of the company's total revenue, up 0.81% year-over-year.
What is Duos Technologies Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Duos Technologies Group was Product. This segment made a revenue of $4.35M, representing 53.04% of the company's total revenue.