Iiot-Oxys Inc Stock Price, News & Analysis

IIOT-OXYS, Inc. (OTC PINK:ITOX) has secured a contract with a northeast CNC component manufacturer for a Smart Manufacturing Proof Of Concept (POC) aimed at enhancing productivity and reducing downtime through IIoT data collection and predictive analytics. The POC, starting January 2023 and concluding early second quarter, is expected to open up new SaaS revenue streams in 2023 and beyond. The worldwide Smart Manufacturing market is projected to grow from $64.9 billion in 2021 to $165.5 billion by 2026, with IIOT-OXYS aiming to solidify its position in this expanding sector.

IIOT-OXYS, Inc. (OTC PINK:ITOX) announced the availability of an audio recording from its Investor Conference Call held on November 30, 2022. The call focused on the company's third quarter results and included a Q&A session with investors. The recording can be accessed through a designated link. IIOT-OXYS operates at the intersection of IIoT, AI, Machine Learning, and Edge Computing, offering solutions across several sectors including Medical, Manufacturing, and Agriculture. The company emphasizes its capabilities in data analytics and predictive maintenance.

IIOT-OXYS, Inc. (OTC PINK:ITOX) reported its third-quarter financial results for the period ended September 30, 2022, showcasing a revenue increase for the second consecutive quarter, a first since before the pandemic. The company anticipates that overall revenue for 2022 will approach levels seen in 2019. Key markets include Smart Manufacturing and Structural Health Monitoring, with significant projected growth. An investor call is scheduled for November 30, 2022, allowing for prior question submission via email.

IIOT-OXYS, Inc. (OTC PINK:ITOX) appointed Robert Mercier to its Advisory Board as a Technical Sales Consultant, aiming to enhance its Smart Manufacturing efforts. CEO Cliff Emmons highlighted Mercier's positive influence on sales strategies and market penetration. Upcoming initiatives include securing Non-Disclosure Agreements and announcing a Proof of Concept with a New England CNC Machining House by Q4 2022. The Industry 4.0 market is projected to grow from $64.9 billion in 2021 to $165.5 billion by 2026, emphasizing the significance of these developments.

IIOT-OXYS, Inc. (OTC PINK:ITOX) has launched a new marketing initiative through an interview with CEO Cliff Emmons on IIoT World. The focus is on leveraging AI and Machine Learning in Smart Manufacturing to assist small and medium enterprises in enhancing productivity. The Smart Manufacturing market is expected to grow from $64.9 billion in 2021 to $165.5 billion by 2026, at a CAGR of 20.6%. The partnership aims to generate leads through content sharing, including thought leadership articles and virtual conferences.

IIOT-OXYS, Inc. (OTC PINK: ITOX) announced a significant co-marketing agreement with Aretas Sensor Networks to enhance sales of the Aretas Sentinel Indoor Air Quality sensor. CEO Cliff Emmons stated that this collaboration will expedite revenue generation through commissions, positively impacting fourth-quarter earnings for 2022. He expressed confidence that total revenue for the second half of 2022 will surpass that of the first half, aiming to reach 2019 revenue levels. The third-quarter performance met expectations, supporting a positive outlook for the company.

IIOT-OXYS, Inc. (OTC PINK:ITOX) announced a positive business update on October 14, 2022, reporting that third quarter revenue exceeded the second quarter's, marking two consecutive quarters of revenue growth. This is the first occurrence since before the pandemic. The company received interest from a Promissory Note to Aretas Sensor Networks. Additionally, a Co-Marketing and Co-Selling Agreement is expected to enhance fourth quarter revenues. Complete financials will be disclosed in the upcoming Form 10-Q filing with the SEC.

IIOT-OXYS, Inc. (OTC PINK: ITOX) has signed a Co-Marketing and Co-Selling Agreement with Aretas Sensor Networks Inc. to promote Indoor Air Quality (IAQ) sensors and IIoT software. This partnership, the fifth since March 2022, follows a successful Proof of Concept. Oxys will support Aretas' marketing efforts by subsidizing their advertising budget and assisting in sales, expecting to generate commissions that will boost revenue for Q4 2022 and into 2023. The global IAQ monitor market is projected to grow from $3.7 billion in 2020 to $6.4 billion by 2027 at a CAGR of 8.2%. Mr. Emmons expresses optimism for revenue returns to 2019 levels for 2022.

IIOT-OXYS, Inc. (OTC PINK: ITOX) recently announced a significant contract extension with a Department of Transportation in a major northeastern state. In an interview with SmallCapVoice, CEO Cliff Emmons highlighted that the six-figure extension validates their bridge monitoring systems, emphasising their unique capability to provide insights beyond visual inspections. This contract is expected to enhance revenue projections for 2022 and into the first half of 2023, while also bolstering future business opportunities due to the endorsement from a repeat customer.