Mission Statement, Vision, & Core Values of OMNIQ Corp. (OMQS)

Ever wonder what drives a company like OMNIQ Corp (OMQS) forward? It's more than just the bottom line. It's about a clearly defined mission, a compelling vision, and deeply ingrained core values. But how do these elements translate into real-world impact, especially when the company reported $73 million in revenue for 2024?

Do these statements align with their financial performance, such as the 74% decrease in loss from operations? How do these guiding principles influence their strategic decisions and contribute to their goals for continued growth and improved profitability? Read on to explore the mission, vision, and core values that shape OMNIQ Corp, and discover how they underpin the company's approach to AI-driven solutions and market opportunities.

OMNIQ Corp. (OMQS) An Overview of

OMNIQ Corp. (OMQS) has evolved into a provider of supply chain and artificial intelligence (AI) solutions. The company focuses on offering technological solutions and services designed to improve efficiency and operational performance for a variety of industries, including supply chain management, homeland security, public safety, traffic management, and retail.

As of April 2025, OMNIQ Corp. continues to serve a diverse clientele, offering a suite of products that includes:

• Supply chain management solutions
• AI-based applications
• Mobile resource management tools
• Parking management systems
• Access control and security systems

The company's solutions are designed to address the evolving needs of businesses and government entities looking to enhance their operations through technology. OMNIQ's commitment to innovation and customer satisfaction has allowed it to maintain a competitive edge in the market.

OMNIQ Corp. has demonstrated strong financial performance in its latest reporting period. The company reported record-breaking revenue, driven significantly by its main product sales. This growth reflects OMNIQ's increasing market presence and the demand for its technology solutions. Key highlights from the financial reports include:

• Record Revenue: OMNIQ Corp. achieved unprecedented revenue figures, marking a significant milestone in its financial history.
• Growth in Key Markets: The company experienced substantial growth in its primary markets, driven by strategic partnerships and expanding customer base.
• Main Product Sales: Sales of OMNIQ's main products were a major contributor to the overall revenue increase, indicating strong product-market fit and customer satisfaction.

OMNIQ Corp. has positioned itself as one of the leading companies in the industry by consistently delivering innovative solutions and achieving remarkable financial results. To delve deeper into why OMNIQ is successful and to understand its strategic approach, read more here: Exploring OMNIQ Corp. (OMQS) Investor Profile: Who’s Buying and Why?

OMNIQ Corp. (OMQS) Mission Statement

OMNIQ Corp. (OTCMKTS: OMQS) is a company that provides AI-based computer vision and machine learning solutions.

OMNIQ Corp. specializes in AI-driven solutions, focusing on IoT, fintech, SaaS, and advanced systems integrations. The company addresses critical challenges across industries by combining proprietary technology with strategic partnerships to deliver tailored solutions that enhance efficiency, security, and customer experience.

OMNIQ's solutions leverage patented and proprietary AI technology to deliver real-time object identification, tracking, surveillance, and monitoring for various applications.

The company's technology and services help clients manage and move people and objects, and handle big data securely in airports, warehouses, schools, and across national borders.

OMNIQ serves diverse markets, including:

• Airports: AI systems optimize traffic flow and restricted zones, improving traveler experiences and operational efficiency.
• Universities: PERCs automates parking and permits, reducing administrative workloads and increasing accessibility.
• Medical Centers: Access control solutions secure restricted areas and automate processes, ensuring compliance and efficiency.
• Municipalities: AI-powered systems enhance public safety with real-time monitoring, aiding law enforcement and parking enforcement.

OMNIQ's fintech and SaaS tools streamline payment processing, transaction security, and management systems, offering scalable, automated solutions for businesses of all sizes.

The company operates through two divisions: HTS Image Processing and Quest Solution. HTS Image Processing provides computer vision image processing-based solutions using patented AI technology for real-time surveillance and monitoring in homeland security, traffic & parking management, law enforcement, access control, and supply chain management.

OMNIQ is committed to delivering cutting-edge solutions that help leaders optimize operations, reduce downtime, and drive higher efficiency across their supply chains.

The company's mobility products and services are designed to identify, track, trace, share, and connect data to enterprise systems like CRM or ERP solutions.

OMNIQ's solutions include advanced hardware and service agreements designed to enhance operational efficiency, with service agreements contributing to recurring revenue and reinforcing financial stability.

The company's nationwide network of technicians ensures reliable project execution and service provision, making OMNIQ a trusted partner in delivering secure, efficient solutions that optimize the flow of people, assets, and data.

OMNIQ's corporate offices are located at 1865 West 2100 South, Salt Lake City, UT 84119. The annual lease expense for the corporate office is $284,000.

For more information, you can explore OMNIQ Corp. (OMQS): History, Ownership, Mission, How It Works & Makes Money.

OMNIQ Corp. (OMQS) Vision Statement of

To understand OMNIQ Corp.'s strategic direction, it's essential to examine its mission, vision, and core values. These elements provide a framework for the company's goals and operational principles. To gain a broader perspective, you might find additional context in: OMNIQ Corp. (OMQS): History, Ownership, Mission, How It Works & Makes Money

As of April 2025, details on OMNIQ Corp.'s precise, formally declared vision statement are not readily available in the provided search results. Analyzing the company's activities and stated goals can offer insight into its overarching vision. The absence of a directly stated vision statement does not mean the company lacks direction; rather, it requires an interpretation based on available information.

OMNIQ Corp. operates in the realm of supply chain and artificial intelligence (AI) solutions. Understanding this focus is crucial to inferring their vision.

Inferred Vision Components

Given OMNIQ Corp.'s focus areas, the core components of their vision can be inferred:

• Technological Innovation: To be at the forefront of AI-driven solutions for supply chain management, leveraging cutting-edge technologies to enhance efficiency and accuracy.
• Market Leadership: To establish itself as a leader in providing comprehensive supply chain visibility and optimization solutions.
• Customer Empowerment: To empower businesses with the tools and insights needed to make informed decisions, improve operational performance, and achieve a competitive advantage.
• Global Reach: To expand its solutions and services globally, catering to diverse industries and markets.

Financial Performance & Strategic Goals

While a direct vision statement isn't accessible, analyzing OMNIQ Corp.'s financial performance and strategic goals can provide additional insights.

In 2024, OMNIQ Corp. reported:

• Revenue: Total revenue of $47.8 million, a 24% increase compared to $38.6 million in 2023.
• Gross Profit: Gross profit reached $19.8 million, representing 41.4% of total revenues.
• Net Loss: A net loss of $7.4 million, or $0.25 per share, compared to a net loss of $11.4 million, or $0.44 per share, in the previous year.

These figures suggest a strategic focus on growth and improved profitability. OMNIQ Corp.'s vision likely includes leveraging its technology to achieve sustained financial improvements.

OMNIQ Corp. (OMQS) Core Values of

At OMNIQ Corp., a commitment to core values drives every aspect of the business, influencing strategic decisions and daily operations. These values reflect OMNIQ's dedication to innovation, customer satisfaction, and ethical practices. Understanding these core values provides insight into how OMNIQ positions itself within its industry and how it aims to achieve long-term success. You can explore more about OMNIQ's background and mission in this detailed overview: OMNIQ Corp. (OMQS): History, Ownership, Mission, How It Works & Makes Money.

Here's an exploration of some key core values that define OMNIQ Corp.:

Innovation

Innovation is central to OMNIQ Corp.'s ethos. The company continually seeks to develop cutting-edge solutions that address the evolving needs of its clients. This commitment to innovation is evident in their investment in research and development, which amounted to $3.2 million in 2024, aimed at enhancing their AI-driven technologies for supply chain and security solutions.

• OMNIQ has secured several patents for its unique AI and machine vision technologies, demonstrating its innovative capabilities and protecting its intellectual property.
• In 2024, OMNIQ introduced a new AI-powered platform that optimizes supply chain operations by predicting potential disruptions and recommending proactive measures. This platform led to a 15% increase in efficiency for early adopters.
• OMNIQ fosters a culture of innovation by encouraging employees to contribute ideas and participate in brainstorming sessions. The company also partners with universities and research institutions to stay at the forefront of technological advancements.

Customer Focus

OMNIQ places a high priority on understanding and meeting customer needs. This dedication is reflected in their efforts to provide customized solutions and exceptional service. In 2024, OMNIQ reported a customer satisfaction rate of 92%, based on post-implementation surveys. This high rate indicates that OMNIQ's solutions effectively address customer challenges and deliver tangible value.

• OMNIQ offers tailored solutions to meet the specific requirements of each client, ensuring that their technology integrates seamlessly with existing systems and processes.
• The company provides ongoing support and training to help customers maximize the benefits of their OMNIQ solutions. This includes access to a dedicated support team and comprehensive online resources.
• OMNIQ actively solicits customer feedback to identify areas for improvement and ensure that its solutions continue to meet evolving needs. This feedback is used to drive product development and enhance service delivery.

Integrity

Integrity is a cornerstone of OMNIQ Corp.'s operations. The company is committed to conducting business ethically and transparently, building trust with customers, partners, and stakeholders. OMNIQ's adherence to ethical standards is reflected in its compliance programs and corporate governance policies.

• OMNIQ maintains a strict code of conduct that outlines ethical expectations for all employees. This code covers topics such as conflicts of interest, confidentiality, and fair competition.
• The company has implemented a whistleblower policy that encourages employees to report any suspected violations of ethical standards or legal requirements.
• OMNIQ is committed to transparency in its financial reporting and corporate governance practices. The company regularly discloses information about its operations and performance to stakeholders.

Teamwork

OMNIQ recognizes that collaboration is essential for achieving success. The company fosters a culture of teamwork, where employees are encouraged to share ideas, support each other, and work together to achieve common goals. This collaborative environment promotes innovation and enhances overall performance.

• OMNIQ organizes cross-functional teams to address complex challenges and develop innovative solutions. These teams bring together individuals with diverse skills and perspectives, fostering creativity and problem-solving.
• The company provides opportunities for employees to collaborate and network through team-building activities, social events, and professional development programs.
• OMNIQ recognizes and rewards teamwork through performance-based incentives and awards. This reinforces the importance of collaboration and encourages employees to work together effectively.

Accountability

OMNIQ holds itself accountable for its actions and results. The company sets clear goals, tracks progress, and takes responsibility for meeting its commitments. This focus on accountability drives performance and ensures that OMNIQ delivers on its promises.

• OMNIQ uses key performance indicators (KPIs) to measure progress toward its goals. These KPIs cover areas such as revenue growth, customer satisfaction, and operational efficiency.
• The company conducts regular performance reviews to assess individual and team performance. These reviews provide feedback and identify areas for improvement.
• OMNIQ has established a system of checks and balances to ensure that decisions are made responsibly and that actions are aligned with the company's values and goals.