AITX reported that its October billing reached a record $762,000, a 20% increase from the $609,000 invoiced in September. The figure reflects activity solely from its subsidiaries Robotic Assistance Devices, Inc. (RAD‑I) and Robotic Assistance Devices Residential, Inc. (RAD‑R), with no contributions yet from RAD‑G or the SARA platform. The milestone brings the company closer to a $10 million annual recurring revenue run‑rate as its device‑rental model gains traction.
The growth was driven by strong demand for AITX’s autonomous security solutions in both commercial and residential markets. RAD‑I’s commercial deployments expanded by 30% in the third quarter of fiscal 2025, while RAD‑R’s residential contracts grew 25% year‑over‑year, reflecting a broader shift toward AI‑powered security services. The absence of RAD‑G and SARA revenue in October is expected to change as those platforms mature, offering additional upside.
CEO Steve Reinharz highlighted the company’s momentum, noting that the record billing is a direct result of clients choosing autonomous solutions that deliver performance, reliability, and clear value. He reiterated confidence in reaching positive operational cash flow by spring 2026 and underscored the company’s focus on scaling its high‑margin rental activities, which contributed to a 67% gross profit margin in the prior fiscal year.
Investors reacted positively to the announcement, with analysts citing the strong billing momentum and the company’s progress toward a key revenue milestone. The 20% month‑over‑month increase, combined with the near‑$10 million ARR target, reinforced expectations of continued growth in the autonomous security market.
While the billing update is encouraging, AITX faces headwinds such as a reliance on financing and a past going‑concern qualification. Nonetheless, the company’s operational leverage and high‑margin rental model position it well to capitalize on the growing demand for AI‑driven security solutions.
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