$2.450
0.000 (0.00%)Al cierre
Noticias de IOTR
Eventos de IOTR
iOThree Reports 22.3% Revenue Growth to $10.5 Million for FY 2025
iOThree issued the following letter from the Company's chairman and chief executive officer to its shareholders. "Year 2025 has been a defining year for our company - our first year as a listed entity on Nasdaq, and one that has underscored the strength of our business model and the resilience of our team... For the financial year ended 31 March 2025, revenue rose 22.3% to US$10.5 million, reflecting both our sales momentum and disciplined execution across the organization. Gross profit improved to US$1.9 million, supported by steady project delivery, recurring revenues from software and solutions, and continued cost efficiency.. Beyond financial performance, 2025 was marked by meaningful progress on multiple strategic fronts. We achieved ISO 9001 and ISO 14001 certifications - a strong validation of our commitment to quality, operational excellence, and environmental responsibility... Innovation remained central to our progress... We also continued to expand our collaborative ecosystem through new partnerships and deployments in various maritime hubs to broaden our geographical presence... Looking ahead, our strategic priorities are clear - to deepen our technology capabilities, scale our global footprint, pursue suitable M&A and alliances, and continue delivering sustainable growth... As we move into 2026, we remain confident in our trajectory. With a resilient business model, a capable and committed team, and a strong balance sheet, we are well placed to build on our momentum and deliver enduring value for our shareholders."
iOThree Declares 1-for-10 Reverse Stock Split
iOThree announced that the shareholders and the board of directors of the Company approved a one-for-ten reverse share split of the Company's issued and unissued ordinary shares, class A shares, and preferred shares. Beginning November 10, 2025, the Company's Ordinary Shares will be trading on a split-adjusted basis under the same symbol "IOTR" but with a new CUSIP number, G4940T112, and a new par value of $0.0625 per share.
iOThree partners with Seadronix to deliver AI-assisted navigation
iOThree announces a strategic technology collaboration with Seadronix, a leader in maritime AI core technologies, to advance navigational safety through intelligent onboard systems. As part of this partnership, iO3 will integrate Seadronix's proven Rec-SEA AI core module into the robust infrastructure of its V.Sight platform to introduce a new capability: V.Sight AI-Assisted Navigation. Building on V.Sight's comprehensive onboard digital ecosystem, this enhancement incorporates advanced real-time visual recognition, risk detection, and intelligent decision support powered by Seadronix's AI engine. The result is a unified solution that improves hazard detection, enhances situational awareness, and significantly boosts safety and operational efficiency at sea.
iOThree announces deployment of V.Sight AI surveillance system
iOThree announces the deployment of its V.Sight Artificial Intelligence video analytics camera surveillance system across the bunker vessel fleet of Singfar Group, a leading name in Singapore's shipping and bunker vessel operations. This milestone marks a significant step in supporting Singfar Group's digitalisation journey-enhancing real-time situational awareness, advancing safety innovation, and automating workflows to enable smarter fleet management and fuel optimisation across its maritime operations.
iOThree receives Nasdaq notification regarding minimum bid price deficiency
iOThree Limited announced that it has received a written notification from the Nasdaq Stock Market LLC on June 3, 2025, indicating that the Company was not in compliance with the $1.00 closing bid price requirement for the last 30 consecutive business days from April 21, 2025 to June 2, 2025 under the Nasdaq Listing Rule 5550(a)(2). This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The Nasdaq notification has no immediate effect on the listing of the Company's ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker "IOTR". Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180-calendar day compliance period, or until December 1, 2025, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company's ordinary shares must be at least $1.00 per share for at least 10 consecutive business days during the 180-calendar day compliance period.
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