Announcement • Aug 08
Autoscope Technologies Corporation announces Quarterly dividend, payable on August 26, 2024 Autoscope Technologies Corporation announced Quarterly dividend of USD 0.1300 per share payable on August 26, 2024, ex-date on August 19, 2024 and record date on August 19, 2024. Announcement • May 15
Autoscope Technologies Corporation announced that it has received $0.037483 million in funding On May 14, 2024, Autoscope Technologies Corporation closed the transaction. The transaction included participation from five investors. Announcement • May 11
Autoscope Technologies Corporation Declares Quarterly Cash Dividend, Payable on May 28, 2024 The Board of Directors of Autoscope Technologies Corporation has authorized and declared a quarterly cash dividend of $0.13 per share of its common stock. The dividend is payable on May 28, 2024 to the shareholders of record at the close of business on May 20, 2024. Announcement • Feb 17
Autoscope Technologies Corporation Announces Quarterly Dividend, Payable on March 5, 2024 Autoscope Technologies Corporation announced that its Board of Directors has declared a regular quarterly dividend of $0.13 per share ofcommon stock, payable on March 5, 2024 to shareholders of record at the close of business on February 27, 2024. Announcement • Jan 26
Autoscope Technologies Corporation Declares Special Cash Dividend, Payable on February 12, 2024 Autoscope Technologies Corporation announced that its Board of Directors has declared a special one-time cash dividend of $1.32 per share of common stock, payable on February 12, 2024 to shareholders of record at the close of February 5, 2024. As a result of the Board's review of the Company's current financial position and business outlook, the Board determined that the payment of a special dividend was in the best interest of the Company and its shareholders. Announcement • Jan 25
Autoscope Technologies Corporation, Annual General Meeting, Feb 08, 2024 Autoscope Technologies Corporation, Annual General Meeting, Feb 08, 2024, at 10:00 Central Standard Time. Announcement • Jan 19
Autoscope Technologies Corporation announced that it has received $0.079475 million in funding On January 18, 2024, Autoscope Technologies Corporation closed the transaction. The transaction included participation from two investors. Announcement • Nov 11
Autoscope Technologies Corporation Declares Quarterly Cash Dividend on Its Common Stock, Payable on November 30, 2023 Autoscope Technologies Corporation declared a quarterly cash dividend of $0.13 per share of its common stock. The dividend is payable on November 30, 2023 to the shareholders of record at the close of business on November 20, 2023. Announcement • Sep 22
Autoscope Technologies Corporation Dividend Payment, Payable Expected on or About October 9, 2023 Autoscope Technologies Corporation announced that the Board of Directors declared a regular quarterly dividend of $0.13 per share payable to shareholders of record as of October 2, 2023, with payment expected on or about October 9, 2023. Announcement • Jan 04
Autoscope Technologies Corporation(OTCPK:AATC) dropped from S&P TMI Index Autoscope Technologies Corporation(OTCPK:AATC) dropped from S&P TMI Index Announcement • Dec 23
Autoscope Technologies Announces Intention to Voluntarily Delist Its Common Stock from Nasdaq and Deregister Its Common Stock with the Securities and Exchange Commission Autoscope Technologies Corporation announced that it intends to voluntarily delist its common shares from the Nasdaq Capital Market and to subsequently deregister its common stock under the Securities Exchange Act of 1934, as amended. The Company is eligible to suspend these reporting obligations because it has fewer than 300 shareholders of record. The Company intends to continue to provide shareholders with timely financial information following the conclusion of the of delisting and deregistration. The Company is currently in compliance with all of its Nasdaq listing requirements. Consistent with cash management and cost discipline measures that have been implemented by the Company, the Board of Directors concluded that the costs of compliance, the demands of management’s time, and the Company resources required to continue its reporting obligations with the Securities and Exchange Commission (the “SEC’) and maintain its Nasdaq listing were significantly greater than the benefits received by the Company and its shareholders from being a listed company. The Company expects to file a Form 25, Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, with the SEC and Nasdaq on or about December 30, 2022. The Form 25 will become effective 10 days after it is filed. Upon its effectiveness, the Company anticipates that its common stock will be quoted on the OTCQX, a centralized electronic quotation service for over-the-counter securities. The Company expects its common stock will continue to trade on the OTCQX. The Company also intends to deregister its common stock with the SEC and become a non-reporting company under the Exchange Act. The Company intends to file a Form 15 upon the effective date of the Nasdaq delisting. As of the date of the filing of the Form 15, the Company’s obligation to file reports under the Exchange Act, including Forms 10-K, 10-Q and 8-K, will be immediately suspended. Other filing requirements will terminate upon the effectiveness of the deregistration under Section 12(g) of the Exchange Act, which is expected to occur 90 days after the filing of the Form 15. However, the Company intends to continue to provide shareholders with audited annual financial statements and certain quarterly financial information by making such information publicly available in press releases and on its website. Additionally, the Company intends to provide additional material information regarding its business and operations by way of press releases and postings on its website, to hold annual shareholder meetings as required by law, and to otherwise exercise good corporate governance. Announcement • Dec 22
Autoscope Technologies Corporation Increases Quarterly Dividend Autoscope Technologies Corporation Board has determined that it will increase the Company’s quarterly dividend amount going forward from $0.12 to $0.13 per share. Announcement • Nov 17
Autoscope Technologies Corporation Declares Quarterly Cash Dividend, Payable on December 5, 2022 Autoscope Technologies Corporation declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on December 5, 2022 to the shareholders of record at the close of business on November 28, 2022. Announcement • Nov 15
Autoscope Technologies Corporation announced delayed 10-Q filing On 11/14/2022, Autoscope Technologies Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: US$0.014 (vs US$0.14 in 2Q 2021) Second quarter 2022 results: EPS: US$0.014 (down from US$0.14 in 2Q 2021). Revenue: US$2.82m (down 26% from 2Q 2021). Net income: US$74.0k (down 90% from 2Q 2021). Profit margin: 2.6% (down from 20% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Aug 12
Autoscope Technologies Corporation Declares Quarterly Cash Dividend, Payable on August 31, 2022 The board of directors of Autoscope Technologies Corporation has authorized and declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on August 31, 2022 to the shareholders of record at the close of business on August 25, 2022. Announcement • Aug 11
Autoscope Technologies Corporation and Image Sensing Systems Announce Board Changes, Effective September 30, 2022 Autoscope Technologies Corporation announces that on August 4, 2022, Geoffrey C. Davis tendered his resignation, effective September 30, 2022, from the Boards of Directors of the company and Image Sensing Systems, Inc., which is a wholly-owned subsidiary of AATC (ISNS"). Mr. Davis has served on the Board of Directors of ISNS since November 2016, on the Board of Directors of AATC since April 2021, and is the current Chair of AATC's Compensation Committee. Reported Earnings • May 17
First quarter 2022 earnings released: EPS: US$0.003 (vs US$0.21 in 1Q 2021) First quarter 2022 results: EPS: US$0.003 (down from US$0.21 in 1Q 2021). Revenue: US$2.75m (down 7.6% from 1Q 2021). Net income: US$17.0k (down 99% from 1Q 2021). Profit margin: 0.6% (down from 38% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Feb 04
Autoscope Technologies Corporation Declares Quarterly Cash Dividend Autoscope Technologies Corporation announced that Board of Directors has authorized and declared a quarterly cash dividend of $0.12 per share of its common stock. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 24% share price gain to €6.00, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 25x in the Electronic industry in Germany. Total returns to shareholders of 50% over the past three years. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS US$0.12 (vs US$0.12 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: US$3.27m (down 13% from 3Q 2020). Net income: US$613.0k (down 7.0% from 3Q 2020). Profit margin: 19% (up from 18% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Aug 14
Second quarter 2021 earnings released: EPS US$0.14 (vs US$0.028 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$3.79m (up 12% from 2Q 2020). Net income: US$752.0k (up 401% from 2Q 2020). Profit margin: 20% (up from 4.4% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.