For the quarter ending 2025-11-30, AITX made $6,651,816 in revenue. -$4,730,800 in net income. Net profit margin of -71.12%.
| Income Statement | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2024-11-30 |
|---|---|---|---|---|
| Revenues | 2,010,158 | 1,888,749 | 1,854,837 | 1,750,968 |
| Cost Of Goods Sold | 202,441 | 50,664 | 173,381 | - |
| Depreciation And Amortization | 507,265 | 493,220 | 447,955 | - |
| Total cost of goods sold | 709,706 | 543,884 | 621,336 | 577,138 |
| Gross profit | 1,300,452 | 1,344,865 | 1,233,501 | 1,173,830 |
| Research and development (note 9) | 1,096,970 | 919,714 | 1,087,619 | 579,045 |
| General and administrative | 2,737,329 | 2,634,832 | 3,232,211 | 2,733,547 |
| Depreciation and amortization | 36,358 | 36,900 | 34,121 | 106,261 |
| Operating lease cost and rent | 61,295 | 62,578 | 58,219 | 57,875 |
| Total operating expenses | 3,931,952 | 3,654,024 | 4,412,170 | 3,476,728 |
| Loss from operations | -2,631,500 | -2,309,159 | -3,178,669 | -2,302,898 |
| Interest expense | 1,469,300 | 1,297,962 | 1,415,349 | 1,401,076 |
| Gain (loss) on settlement of debt | -630,000 | 4,370,185 | - | - |
| Total other income (expense), net | -2,099,300 | 3,072,223 | -1,415,349 | -1,401,076 |
| Net loss | -4,730,800 | 763,064 | -4,594,018 | -3,703,974 |
| Net income (loss) per share - basic | 0 | 0 | 0 | 0 |
| Net income (loss) per share - diluted | 0 | 0 | 0 | 0 |
| Weighted average common share outstanding - basic | 21,820,801,041 | 18,469,442,118 | 15,517,671,159 | 12,161,286,427 |
| Weighted average common share outstanding - diluted | 21,820,801,041 | 18,469,442,118 | 15,517,671,159 | 12,161,286,427 |
Artificial Intelligence Technology Solutions Inc. (AITX)
Artificial Intelligence Technology Solutions Inc. (AITX)