Annuncio • Aug 15
Digital Ally, Inc. announced delayed 10-Q filing On 08/14/2024, Digital Ally, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • Jul 10
Digital Ally, Inc. announced that it has received $3 million in funding On July 9, 2024, GBank Financial Holdings Inc. closed the transaction. The transaction included participation from four investors. The company paid $240,000 as sales commissions in the transaction. Annuncio • May 17
Digital Ally, Inc. announced delayed 10-Q filing On 05/15/2024, Digital Ally, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • Mar 18
The Nasdaq Listing Qualifications Staff Notifies Digital Ally Regarding No Longer Complies with the Audit Committee and Compensation Committee Requirements as Set Forth in Listing Rule 5605 On March 14, 2024, the Nasdaq Listing Qualifications staff notified Digital Ally, Inc. (the ‘Company’), that due to resignation of Mr. Michael J. Caulfield from the Company’s board of directors (the ‘Board’) effective on January 31, 2024, the Company no longer complies with the audit committee and compensation committee requirements as set forth in Listing Rule 5605 of The Nasdaq Stock Market LLC (‘Nasdaq’), including the requirements that there are at least three independent directors on the Company’s audit committee and at least two independent directors on the Company’s compensation committee. The notification has no immediate effect on the Company’s listing on the Nasdaq Capital Market. In accordance with Nasdaq Listing Rules, the Company is provided a cure period until the earlier of the Company’s next annual shareholders’ meeting (or July 29, 2024 if the next shareholders’ meeting will be held before July 29, 2024) or January 31, 2025 (the ‘Cure Period’). If the Company does not regain compliance by within the Cure Period, Nasdaq will provide written notice that the Company’s common stock, par value $0.001 per share, will be subject to delisting from the Nasdaq Capital Market, at which time, the Company may appeal the delisting determination to a Hearings Panel. The management of the Company has resolved to take commercially reasonable steps to fill the vacancy on the Board with a new director who qualifies as independent under the Nasdaq Listing Rules as soon as is practical and anticipates regaining compliance during the Cure Period. However, there can be no assurance that the Company will be able to satisfy Nasdaq Listing Rule 5605 or will otherwise be in compliance with other Nasdaq listing criteria. Annuncio • Feb 06
Digital Ally, Inc. Announces Resignation of Michael J. Caulfield as Director On January 31, 2024, Michael J. Caulfield notified the Board of Directors of Digital Ally, Inc. that he resigns as a director of the Board, effective immediately. Annuncio • Nov 29
Digital Ally, Inc. Plans to Showcase Its Next Generation EVO Fleet and FirstVu Body-Worn Cameras At MJBizCon Las Vegas Digital Ally, Inc. announced its attendance as an exhibitor at the 12th annual MJBizCon on November 28th through December 1st at Las Vegas Convention Center. The Company plans to showcase its next generation EVO Fleet and FirstVu body-worn cameras at the conference. The Company believes that its product categories and expertise in other industries lend itself well to the cannabis industry to protect these companies' products, their fleets, and their personnel. In addition, the Company believes that its technology and experience in a variety of other industries could significantly aid this industry in maintaining or reducing associated insurance costs, which have historically been high given the nature of these businesses. Digital Ally's solutions have previously driven a variety of operational and cost efficiencies in other industries. EVO Fleet Features include: Up to 512 GB of storage - holds 30 days' worth of video footage; Can record up to 4 streams of video simultaneously - record video from multiple angles around vehicle or disclosed areas; Live Streaming capable - stream 1 of 4 video streams to ensure driver safety and fleet awareness; Live GPS Tracking - track and see where vehicle is and has been; A.I Interface with real time alerts and notifications - notify driver of distracted driving, receive notifications of issues real time; 1080P HD Recording at 30 FPS - understand what is happening in and outside the vehicle with clarity; 4G LTE Connectivity - ability to consistently track vehicle and receive notifications on LTE Network; Video on Demand - request video from any device from anywhere using new and improved FleetVuManager. The EVO Fleet and the Company's new and improved FleetVu Manager Cloud solution provide a complete video suite for video and fleet management. FleetVuManager is hosted on Amazon Web Services (AWS) to provide access to videos and fleet from anywhere. Annuncio • Oct 18
Digital Ally, Inc. Appoints D. Duke Daughtery as Member of the Board Digital Ally, Inc. announced that the Board of Directors of the Company appointed D. Duke Daughtery as a member of the Board, effective immediately, to hold office until the next meeting of shareholders of the Company at which directors are being elected or as set forth in the Companys bylaws. Mr. Daughtery, age 59, retired from public accounting in November of 2019 after a 32-year career with Grant Thornton and Deloitte &Touche as an assurance partner and audit practice leader. Mr. Daughtery was instrumental in the significant growth of Grant Thorntons Kansas City audit practice. Mr. Daughtery served numerous companies ranging from high growth private equity backed clients, to multi-billion revenue private companies to public companies ranging from smaller public companies to the Fortune 500. Mr. Daughtery will immediately serve on the Board, with the intention to move to Kustom Entertainment, Inc.’s (Kustom Entertainment) Board of Directors upon the completion of the recently announced transaction with Clover Leaf Capital Corp. There are no other arrangements or understandings between Mr. Daughtery and any other persons pursuant to which he was appointed as a member of the Board. There are also no family relationships between any of the Company’s directors or officers and Mr. Daughtery. Annuncio • Jul 15
Digital Ally, Inc., Annual General Meeting, Aug 23, 2023 Digital Ally, Inc., Annual General Meeting, Aug 23, 2023, at 11:15 US Eastern Standard Time. Location: 14001 Marshall Drive Lenexa Kansas United States Agenda: To elect four directors; to approve the amendment to the 2022 digital ally, inc. stock option and restricted stock plan which increases the number of shares reserved for issuance under such plan by 250,000 shares; to ratify the appointment of rbsm llp as the company's independent registered public accounting firm; and to approve the transactions contemplated by the securities purchase agreement, entered into as april 5, 2023, by and between the company and investors, including, the issuance of 20% or ore of the company's outstanding shares of common stock upon conversion of the senior secured onvertible notes due january 5, 2024, exercise of tranche 1 common stock purchase warrant exercise of tranche 2 common stock purchase warrant; and exercise of tranche 3 common stock purchase warrant, each dated april 5, 2023; and to transact other business. Annuncio • Jun 22
Digital Ally Adds Interview Room Solution to Its Ecosystem of Video Products Digital Ally, Inc. announced a key addition to its ecosystem of video solutions products for law enforcement agencies. The Interview Room solutions is an extension of Digital Ally’s ongoing evolution of video solutions products. The addition of the Room solution to the Company’s FirstVu Pro body camera and EVO-HD in-car system optimizes a department’s ability to build cases along with maintaining a secure chain of custody. Multiple recording angles, covert camera, audio and offloads to secure cloud storage are just some of the many features of the Interview Room solution. Customers will be able to use all of EVO web features for the interview room solution, including redaction, segmentation, case files, and much more. The Interview Room solutions is the latest expansion of Digital Ally’s complete ecosystem of video solution products, highlighted by the recently released FirstVu PRO body camera, which is compatible with the QuickVu docking station. Digital Ally’s QuickVu system provides a comprehensive and elegant solution for charging, reviewing and offloading video evidence to the cloud. All evidence captured by the FirstVu PRO body camera is hosted in the Company’s EVO Web cloud platform - which also supports other products including the FirstVu II body camera and EVO-HD in-car system, allowing users to review evidence from one centralized platform. Interview Room solutions features include: 4K Ceiling Mounted Dome Camera: 360-degree aerial view, multiple 1920 x 1080 video feeds, and integrated audio. Covert Wall Mounted Camera: 2 MP Camera and Microphone (as additional, optional, source for redundant audio recording). Exterior Touch Screen Tablet: 5.5” touch screen to initiate recording, recording in use banner to show the room is in use. EVO Web: long term interview room video storage, create case files, facial redaction, video segmentation, chain of custody reporting. Annuncio • Jan 05
Nasdaq Approves the Digital Ally's Request for A Second 180-Day Period, or Until July 3, 2023, to Regain Compliance with the Minimum Bid Price Requirement As previously reported, on July 7, 2022, Digital Ally, Inc. (the “Company”), received a written notification (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was not in compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market, as set forth under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”), because the closing bid price of the Company’s common stock, par value $0.001 per share (the “Common Stock”), was below $1.00 per share for the previous thirty (30) consecutive business days. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was granted an initial period of 180 calendar days from the date of the Notice, or until January 3, 2023 (the “Compliance Period”), to regain compliance with the Minimum Bid Price Requirement. On December 29, 2022 the Company requested a second 180-day period to regain compliance with the Minimum Bid Price Requirement. On January 4, 2023, Nasdaq approved the Company’s request for a second 180-day period, or until July 3, 2023, to regain compliance with the Minimum Bid Price Requirement. If the Company does not regain compliance within the allotted compliance period(s), including any further extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Common Stock will be subject to delisting from the Nasdaq Capital Market. The Company intends to continuously monitor the closing bid price for its Common Stock and is in the process of considering various measures to resolve the deficiency and regain compliance with the Minimum Bid Price Requirement. However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement, even if it maintains compliance with the other Nasdaq listing requirements, or that Nasdaq will grant the Company any further extension of time to regain compliance with the Minimum Bid Price Requirement or any other Nasdaq listing requirements, if applicable. Annuncio • Dec 10
Digital Ally, Inc. Announces Intention to Separate into Two Focused, Independent Publicly Traded Companies to Unlock Value to Stockholders Digital Ally, Inc. announced that its Board of Directors has unanimously approved a plan to pursue a separation into two independent, publicly-traded companies to optimize investment and capital allocation, accelerate growth, and unlock shareholder value. Upon completion, the Companys stockholders will own equity in two focused and streamlined businesses that are both leaders in their respective industries and well-positioned for continued success: Digital Ally, Inc. will continue to be a leading and innovative provider of video solution technology for law enforcement agencies, commercial fleets, and situational event security solutions. Digital Ally will also continue to provide working capital and back-office services to a variety of healthcare organizations throughout the country through its revenue cycle management subsidiary. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Independent Director Michael Caulfield was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Nov 01
Digital Ally, Inc Announces Next Generation Fleet Video Solution Digital Ally, Inc. announced its most advanced video system to date for fleet vehicles. The full-featured solution utilizes the latest in telematics technology, including immediate driver-assist feedback by recognizing pedestrians, distracted or drowsy driving, and lane shifting. The Digital Ally sales team will unveil the EVO Fleet at booth #205 of The Transportation Alliance (TTA) Mobilize 2022 104(th) Annual Convention & Expo being held Caesars Palace in Las Vegas, NVOctober 30 -- November 2, 2022. EVO Fleet Features include: Up to 51212 GB of storage -- holds 30 days' worth of video footage Live Streaming pable -- streaeam 1 of 4 video streams to ensure driver safety and fleet awareness. Live GPS Tracking -- track and see where your vehicle is and been A.I Interface with real time alerts and notifications -- notify driver of distracted driving, receive notifications of issues real time. 1080P HD Recording at 30 FPS -- understand what is happening in and outside the vehicle with clarity. Can record up to 4 streams of video simultaneously -- record video from multiple angles around your vehicle or enclosed areas. 4G LTE Connectivity -- ability to consistently track your vehicle and receive notifications on LTE Network. Video on Demand -- request video from any device from anywhere using our new and improved FleetVuManager ThEVO FlFleet and the Company's new and improved FleetVuManager Cloud solutioprovides a complete video suitite for video and fleet management. Annuncio • Oct 29
Digital Ally, Inc., Annual General Meeting, Dec 07, 2022 Digital Ally, Inc., Annual General Meeting, Dec 07, 2022, at 11:15 Eastern Standard Time. Location: 14001 Marshall Drive, Lenexa Kansas, 66215 Kansas City United States Agenda: To election of Directors; to approve the 2022 Digital Ally, Inc. Stock Option and Restricted Stock Plan; to approve, on an advisory, non-binding basis, the compensation of the Company’s named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, including the compensation tables and narrative discussion in the accompanying proxy statement; and to discuss other matters. Annuncio • Oct 20
Digital Ally, Inc. announced that it has received $14.25 million in funding On October 19, 2022, Digital Ally, Inc. closed the transaction. Annuncio • Oct 14
Digital Ally, Inc. announced that it expects to receive $15 million in funding Digital Ally, Inc. announced that it has entered into a securities purchase agreement with certain institutional investors to purchase 1,400,000 shares of Series A convertible redeemable preferred stock and 100,000 shares of Series B convertible redeemable preferred stock at a purchase price of $9.50, representing an original issue discount of 5% of the $10.00 stated value of each share for gross proceeds of $15,000,000 on October 13, 2022. Each share of Series A and Series B preferred stock is convertible into shares of the company’s common stock at an initial conversion price of $1 per share. Shares of the Series A and Series B preferred stock are convertible at the option of the holder at any time following the company’s receipt of stockholder approval of an amendment to the company articles of incorporation to increase the number of shares of common stock that the company is authorized to issue. The holders of the Series A and Series B preferred stock agreed not to transfer, offer, sell, contract to sell, hypothecate, pledge or otherwise dispose of their shares of preferred stock until after the receipt of stockholder approval of the increase in the company’s authorized shares of common stock. The holders of the Series A and Series B preferred stock have the right to require the company to redeem their shares of preferred stock for cash at 105% of the stated value of such shares. The closing of the offering is expected to occur on or about October 19, 2022, subject to the satisfaction of customary closing conditions. The Series A and Series B preferred stock and shares of common stock into which these preferred shares are convertible are being issued in reliance upon the exemption from the securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended and/or Rule 506 of Regulation D as promulgated by SEC under the 1933 Act. Reported Earnings • Aug 17
Second quarter 2022 earnings released: US$0.022 loss per share (vs US$0.10 loss in 2Q 2021) Second quarter 2022 results: US$0.022 loss per share (up from US$0.10 loss in 2Q 2021). Revenue: US$9.35m (up 275% from 2Q 2021). Net loss: US$1.07m (loss narrowed 80% from 2Q 2021). Over the next year, revenue is forecast to grow 53%, compared to a 18% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Aug 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Independent Director Michael Caulfield was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Aug 04
Digital Ally, Inc. Announces Resignation of Christian J. Hoffmann from the Board of the Company Digital Ally, Inc. announced that Christian J. Hoffmann, III notified the Board of Directors of his resignation from the Board of the Company, effective immediately. The Board accepted Mr. Hoffmann’s resignation on August 2, 2022. The resignation of Mr. Hoffmann as a director was not related to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Annuncio • Jul 09
Digital Ally Receives Non Compliance Notice from Nasdaq On July 7, 2022, Digital Ally, Inc. (the “Company”), received a written notification (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was not in compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market, as set forth under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”), because the closing bid price of the Company’s common stock, par value $0.001 per share (the “Common Stock”), was below $1.00 per share for the previous thirty (30) consecutive business days. The Notice has no immediate effect on the listing of the Common Stock, which will continue to trade uninterrupted on the Nasdaq Capital Market under the ticker “DGLY.” Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted 180 calendar days from the date of the Notice, or until January 3, 2023 (the “Compliance Period”), to regain compliance with the Minimum Bid Price Requirement. If at any time during the Compliance Period, the bid price of the Common Stock closes at or above $1.00 per share for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company with written confirmation of compliance with the Minimum Bid Price Requirement and the matter will be closed. In the event the Company does not regain compliance with the Minimum Bid Price Requirement by January 3, 2023, the Company may be eligible for an additional 180-calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and will need to provide written notice to Nasdaq of its intent to regain compliance with such requirement during such second compliance period. If the Company does not regain compliance within the allotted compliance period(s), including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Common Stock will be subject to delisting from the Nasdaq Capital Market. Annuncio • May 14
Digital Ally, Inc. announced delayed 10-Q filing On 05/13/2022, Digital Ally, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • Apr 19
Digital Ally, Inc. to Report Q4, 2021 Results on Apr 19, 2022 Digital Ally, Inc. announced that they will report Q4, 2021 results on Apr 19, 2022 Annuncio • Apr 01
Digital Ally, Inc. announced delayed annual 10-K filing On 03/31/2022, Digital Ally, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Annuncio • Feb 11
Digital Ally Announces Hire Bryan Pettigrew as Vice President of Sports & Entertainment Digital Ally, Inc. announced that Bryan Pettigrew has been named Vice President of Sports & Entertainment and will work on business development for the company. Pettigrew will be based at the DGLY headquarters in Lenexa (Kansas City), KS and will work with newly acquired businesses, future business merger & acquisitions, as well as the company’s sports properties in NASCAR, IndyCar Series and World of Outlaw. Pettigrew joins Digital Ally after serving as the Tournament Director for the PGA TOUR’s Barbasol Championship. Annuncio • Feb 02
Digital Ally, Inc. Appoints Christian J. Hoffmann as Member of the Board Digital Ally, Inc. announced that on January 27, 2022, the Board of Directors appointed Christian J. Hoffmann, III as a member of the Board, effective immediately, to hold office until the next meeting of shareholders of the Company at which directors are being elected or as set forth in the Company's bylaws. Annuncio • Jan 12
Digital Ally, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year 2021; Reconfirms 2022 Revenue Guidance Digital Ally, Inc. announced that its total, unaudited revenues for 2021 are projected to exceed $11.0 million for the fourth quarter and $20.0 million for the fiscal year, surpassing previously issued guidance of $9.0 million and approximately $18.0 million in revenue for the fourth quarter and fiscal year 2021, respectively.The Company also reaffirms its anticipated 2022 fiscal year revenues to be approximately $50.0 million. Annuncio • Dec 14
Digital Ally Adds to Its Family of Next Gen Technology with the Launch of the Firstvu Pro Body-Worn Camera Digital Ally, Inc. announced the release of its most advanced body-worn camera to date, the FirstVu PRO. The full featured, one-piece body camera is designed specifically for law enforcement to increase safety and improve efficiencies for officers and administrators. Livestreaming: Livestream video directly to the EVO Web cloud platform giving administrators an officer’s point-of-view during a recording. GPS Tracking: With cellular connectivity the FirstVu PRO can be tracked in near real time from the EVO Web cloud platform. Remote Activation: From the EVO Web cloud platform administrators can remotely activate recordings. Full-Color Touchscreen: A large 2.4” capacitive touchscreen display allows for easy review of evidence from the device in the field. Full HD Audio & Video: Capture clear, full HD 1080p video. Record better evidence with advanced image sensors, improved low-light performance, reduced motion blur and audio noise reduction technology. Also equipped with IR LEDS, the body camera can identify subjects up to 5 meters away in complete darkness. Rugged & Reliable: IP67 rated against dust & wind and water submersible for 30 minutes. MIL-STD-810G compliant capable of handling drops, shocks and vibrations. As part of Digital Ally’s complete ecosystem of video solution products, the FirstVu PRO is compatible with the recently released QuickVu docking station. Digital Ally’s QuickVu system provides a comprehensive and elegant solution for charging, reviewing and offloading video evidence to the cloud. All evidence captured by the FirstVu PRO body camera will be hosted in the Company’s EVO Web cloud platform– which also supports other products including the FirstVu II body camera and EVO-HD in-car system – allowing users to review evidence from one centralized platform. Digital Ally expects the FirstVu PRO will be ready to ship during the first quarter of 2022 and will offer the new product on its subscription payment plan. Annuncio • Dec 07
Digital Ally, Inc. (NasdaqCM:DGLY) announces an Equity Buyback for $10 million worth of its shares. Digital Ally, Inc. (NasdaqCM:DGLY) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of shares of common stock. The purchases will be funded by cash on hand. Repurchased shares will be returned to the status of authorized but un-issued shares of common stock. The plan is valid till December 31, 2022. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.06, the stock trades at a trailing P/E ratio of 2.6x. Average forward P/E is 22x in the Electronic industry in Germany. Total loss to shareholders of 57% over the past three years. Reported Earnings • Nov 19
Third quarter 2021 earnings released: EPS US$0.16 (vs US$0.02 in 3Q 2020) Third quarter 2021 results: Revenue: US$4.64m (up 29% from 3Q 2020). Net income: US$8.07m (up US$7.54m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Nov 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. Independent Director Michael Caulfield was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Sep 10
Digital Ally, Inc. (NasdaqCM:DGLY) acquired TicketSmarter, LLC from Jeffrey Goodman, Heather Goodman and Michael Goodman for $14.1 million. Digital Ally, Inc. (NasdaqCM:DGLY) entered into an Unit Purchase Agreement to acquire TicketSmarter, LLC from Jeffrey Goodman, Heather Goodman and Michael Goodman for $14.1 million on September 2, 2021. Out of the total consideration, $8.9 million will be paid in cash, $0.99 million in shares and $4.23 million structured as contingent payment in additional cash and shares if TicketSmarter achieves certain milestones prior to March 31, 2022. Jeffrey Goodman and Michael Goodman, will be employed by Digital Ally as Chief Executive Officer and Chief Operations Officer, respectively of TicketSmarter. The acquisition will be accretive to earnings immediately.
Digital Ally, Inc. (NasdaqCM:DGLY) completed the acquisition of TicketSmarter, LLC from Jeffrey Goodman, Heather Goodman and Michael Goodman on September 2, 2021. Annuncio • Aug 14
Digital Ally, Inc. announced delayed 10-Q filing On 08/13/2021, Digital Ally, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • May 19
First quarter 2021 earnings released: EPS US$0.48 (vs US$0.17 loss in 1Q 2020) First quarter 2021 results: Revenue: US$2.54m (up 4.5% from 1Q 2020). Net income: US$21.7m (up US$24.1m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: US$0.12 loss per share (vs US$0.87 loss in FY 2019) The company reported a solid full year result with reduced losses and improved control over expenses, although revenues were flat. Full year 2020 results: Revenue: US$10.5m (flat on FY 2019). Net loss: US$2.63m (loss narrowed 74% from FY 2019). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 05
New 90-day low: €1.58 The company is down 20% from its price of €1.97 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. Annuncio • Mar 04
Digital Ally, Inc. Receives Multi-Year Upgrade Order from Bowling Green Police Department Digital Ally, Inc. announced it has received a multi-year upgrade order from Bowling Green Police Department (OH) for eighteen EVO-HD in-car recording systems, thirty five FirstVu HD body-worn cameras and full access to the EVO Web Portal storage solution powered by Amazon Web Services. Annuncio • Jan 31
Digital Ally Announces Notable Multi-Year Order for its Body Cameras and EVO-HD In-Car System for Law Enforcement Digital Ally, Inc. announced that it has received a multi-year upgrade order from Pickerington Police Department (OH) for its complete front- to back-end video evidence solution that includes twenty-five FirstVu HD body-worn cameras, five (5) EVO-HD in-car camera systems, and EVO GovCloud storage solution powered by Amazon Web Services. This order has been purchased through the Company’s subscription payment plan available for first responders. Annuncio • Jan 29
Digital Ally, Inc. has completed a Follow-on Equity Offering in the amount of $39.9295 million. Digital Ally, Inc. has completed a Follow-on Equity Offering in the amount of $39.9295 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 3,250,000
Price\Range: $2.8
Discount Per Security: $0.168
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 14,300,000
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 11,050,000
Price\Range: $2.79
Discount Per Security: $0.1674
Transaction Features: Registered Direct Offering Annuncio • Jan 08
Digital Ally, Inc. Appoints Mark Shrout to the Position of Chief Revenue Officer Digital Ally, Inc. announced the appointment of Mark Shrout to the position of Chief Revenue Officer. The hire comes as the company continues to invest aggressively in video recording product enhancements, as well as in it’s Shield™ virus-response line of disinfectant/sanitizers, electrostatic sprayers, temperature-screening units and PPE products. Recent Insider Transactions • Dec 09
Chairman recently sold €387k worth of stock On the 8th of December, Stanton Ross sold around 195k shares on-market at roughly €1.98 per share. This was the largest sale by an insider in the last 3 months. This was Stanton's only on-market trade for the last 12 months. Reported Earnings • Nov 16
Third quarter 2020 earnings released: EPS US$0.02 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$3.59m (up 23% from 3Q 2019). Net income: US$527.4k (up US$3.51m from 3Q 2019). Profit margin: 15% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS US$0.02 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$3.59m (up 23% from 3Q 2019). Net income: US$527.4k (up US$3.51m from 3Q 2019). Profit margin: 15% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Nov 02
Digital Ally, Inc. Announces Notable Upgrade Order for Body-Worn Cameras and Cloud Storage for Law Enforcement Digital Ally, Inc. (the 'Company') announced a multi-year upgrade order from Suwanee Police Department (Suwanee, GA). Suwanee Police Department will upgrade thirty-four (34) FirstVu HD body cameras and eighteen (18) DVM-800 in-car systems from server-based evidence storage to the Company’s highly secured .GOV cloud platform powered by Amazon Web Services. Suwanee Police Department serves the community of Suwanee, GA, a suburb of Atlanta, GA, and has utilized Digital Ally’s complete video solution since 2008 - including the patented VuLink® automatic cross activation technology that simultaneously starts a recording of the body camera and in-car system when triggered. By upgrading to cloud storage and infrastructure, Suwanee PD will be able to access all the advanced features that are not available with server-based storage, including intelligent redaction and video sharing with District Attorneys and Prosecutors. Annuncio • Oct 02
Digital Ally Awards Notable Contract with Fort Eustis Air Force Base Digital Ally, Inc. announced it has been awarded a significant contract for the deployment of one-hundred (100) FirstVu HDÂ body-worn cameras, fourteen (14) DVM-800 in-car digital audio/video systems, fourteen (14) patented VuLink® automatic activation systems, access to VuVault.com [1]® back-end software and storage platform and other services for Fort Eustis Air Force Base. The contract was awarded through the Government Services Administration, an independent agency of the United States government which aids in purchasing for government agencies. Annuncio • Sep 22
Digital Ally, Inc. Announces Sizable Order for ThermoVu™ Non-Contact Temperature Screening Devices Digital Ally, Inc. announced the receipt of a notable order from Linn County, KS for 42 ThermoVu™ non-contact temperature screening devices. Linn County represents the first municipality to deploy ThermoVuä units county-wide. The units will be placed in the courthouse, county offices, senior centers, parks/marinas, schools, and other populated public areas to detect high temperatures in staff and visitors. ThermoVuä was launched recently as a non-contact temperature-measuring instrument that measures temperature through the wrist and controls entry to facilities when temperature measurements exceed pre-determined parameters. ThermoVuä has optional features such as facial recognition to improve facility security by restricting access based on temperature and/or facial recognition reasons. ThermoVuä provides an instant pass/fail audible tone with its temperature display and controls access to facilities based on such results. It can be widely applied in schools, hospitals, office buildings and other public venues. Annuncio • Aug 11
Digital Ally, Inc. to Report Q2, 2020 Results on Aug 13, 2020 Digital Ally, Inc. announced that they will report Q2, 2020 results at 1:15 PM, GMT Standard Time on Aug 13, 2020 Annuncio • Jul 05
Digital Ally, Inc.(NasdaqCM:DGLY) dropped from Russell Microcap Value Index Digital Ally, Inc.(NasdaqCM:DGLY) dropped from Russell Microcap Value Index