AITX's RAD billed recurring monthly revenue rises 12.4% over two months
AITX•Artificial Intelligence Technology Solutions' RAD subsidiary increased billed recurring monthly revenue 12.4% over two months to $663,906 in October 2026, from $590,497 in August. October's annualized billed recurring revenue approached $8 million.
1. Recurring revenue growth
RAD's billed recurring monthly revenue rose by $73,409 over two months, reaching $663,906 in October 2026 from $590,497 in August. September's increase was $33,804, or 5.7%, followed by a $39,605 increase, or 6.3%, in October.
2. Stationary devices drove gains
October's annualized billed recurring revenue approached $8 million. Stationary devices generated all of the growth, with no contribution from ROAMEO, SARA or RAIA.
