The team at infinitii ai would like to wish you and your fellow investors the very best of the holiday season. As we do so, we want to share the results of an excellent year. Here are the Top 5 investor highlights of 2024:
Solid Growth: In our most recent fiscal quarter we experienced a strong 35% year-over-year revenue increase, doubling FY2024's annual growth rate of 17%
Exceptional Customer Retention: We have maintained a stellar 96% customer renewal rate for infinitii flowworks throughout 2024.
U.S. Market Expansion: infinitii ai has accelerated sales wins in the U.S. market, partnering with TREKK Design Group LLC to garner strategic customers including Kansas City, MO, Omaha, NE, Cedar Hill, MO and St. Louis, MO that are utilizing “Waterspout powered by infinitii ai” as part of TREKK’s PreView underground storm and sanitary sewer pipe viewing technology.
GTHA Market Dominance: infinitii flowworks is now used by over 90% of Greater Toronto and Hamilton Area, serving a population of 6.6 million in Canada’s largest urban area. Excellent collaborations with AECOM and SCG Flowmetrix Technical Services Inc. led to many of these winning competitive bids.
Strategic Innovation: infinitii ai’s new generation machine learning software for real-time predictive insights was recognized for innovation – “York Region’s Comprehensive Approach to Tackling I&I in Wastewater Systems” presentation won an award at the 2024 International Water Association conference.
Enjoy the holidays and we look forward to your support in 2025!
About infinitii ai inc.
Trusted since 2014 to provide environmental monitoring to many of the largest water infrastructure utilities in the U.S. and Canada, infinitii ai has evolved into a leader in AI-driven predictive analytics for Smart City water and Smart Industry infrastructure applications that rely on time-series data. The Company’s customers include the Smart Cities and municipalities of Seattle, Miami-Dade County, Boston, Dallas, Los Angeles County, Vancouver, Toronto, Hamilton, Region of Peel, and York Region, among others. infinitii ai services these customers through direct sales and via a trusted partner network that includes engineering and IT companies like AECOM, Core & Main Inc., Kerr Wood Leidal Associates Ltd., K2 Geospatial SCG Flowmetrix and TREKK Design Group LLC.
infinitii ai software performs real-time analysis, checks flow monitoring status, sets alarms through a single interface, accepts all types of data from any source and offers predictive (what will happen) and prescriptive (what should happen) analytics. Whether it’s real-time, historic, wireless, satellite, SCADA, or public data sets including USGS, NOAA and weather forecasts – it doesn’t matter where the data originates, infinitii ai transforms raw data into actionable information. Visit www.infinitii.ai to learn more.
Contact: Nathan Rudyk
Director, Corporate Communications
infinitii ai inc.
+1 778 200 2093
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
This blog post contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information is based on certain key expectations and assumptions made by the management of infinitii ai, including the expectation of future revenue growth. Although infinitii ai believes that the expectations and assumptions upon which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because infinitii ai can provide no assurance that they will prove to be correct. Any forward-looking statements contained in this blog post are made as of the date of this blog post. infinitii ai disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
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