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what it is
It makes video and radar gear that helps road systems spot cars and manage traffic.
how it gets paid
Recent-year revenue is low-teens millions (e.g., ~$13.6M for calendar 2024 in the annual release). Product sales and royalties do not split cleanly into four equal lines—use the mix below as an approximate view aligned with the product section.
what just happened
Quarterly EPS slipped to $0.14 from $0.20 a year earlier.
At a glance
C++ balance sheet — some cracks in the foundation
35/100 earnings predictability — expect surprises
18.9x trailing p/e — priced about right
10.9% dividend yield — cash in your pocket every quarter
24.3% return on capital — every dollar works hard here
xvary composite: 28/100 — weak
What they do
It makes video and radar gear that helps road systems spot cars and manage traffic.
You are buying 3 named product lines, not a sprawling mess. That keeps the story simple. The other side is scale: 28 employees and $14M in expected sales mean one contract matters a lot.
How they make money
$14M
annual revenue
Autoscope video & detection product sales (approx.)
$10.5M
Royalties & services (approx.)
$3.5M
The products that matter
intersection traffic monitoring
Autoscope Video Detection
$10.5M revenue · 75% of sales
This is the center of gravity. It generated $10.5M and then fell 8%. When three-quarters of your revenue comes from one bucket, you do not need a collapse to feel pain. You need one bad year.
core revenue driver
royalties and support revenue
Royalties & Services
$3.5M revenue · 25% of sales
This $3.5M stream held flat while product revenue fell. In human-speak: it is the calmer part of the business, but it is still too small to carry the whole thing.
stability matters
highway and tunnel detection
Radar Processing Systems
part of the $3.5M services and royalty mix
The data is thin here, and that tells you something. You are not buying a broad platform with lots of backup engines. You are buying a very small traffic systems business with only a few legs to stand on.
niche exposure
Key numbers
10.9%
dividend yield
This is the headline. You are paid like a high-yield lender while owning a $30M stock.
$30M
market cap
That is tiny. A few trades can matter more than the business story.
49.1%
operating margin
A 49.1% margin means the business keeps a lot of each sales dollar before overhead.
0.6
beta
A beta of 0.6 says the stock has moved less than the market, at least by this measure.
Financial health
C++
strength
- balance sheet grade C++ — below average — limited financial resources
- risk rank 4 — safer than 20% of stocks
- price stability 10 / 100
- long-term debt $1M (4% of capital)
C++ — below average. watch for debt servicing and cash burn.
Total return vs. market
Return history isn't available for AATC right now.
source: institutional data · return history unavailable
What just happened
missed estimates
Quarterly EPS slipped to $0.14 from $0.20 a year earlier.
Value Line shows the latest quarter at $0.14, down from $0.20 in the same quarter last year. Full-year revenue is estimated at $14M, which is tiny for a listed company.
$14M
revenue
$0.14
eps
49.1%
operating margin
the number that mattered
The $0.14 EPS number matters because it is below the $0.20 from a year earlier, and that is the clearest sign of pressure in the latest quarter.
source: quarterly history and consensus check
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What could go wrong
AATC's biggest risk is simple: the stock's 10.9% yield gets investor attention, but the operating base behind it is only $14M of annual revenue and the main segment just fell 8%.
high
Dividend sustainability
A 10.9% yield looks generous until you remember the whole company has a roughly $30M market cap and only $14M in annual revenue. If profits stay weak after the recent net loss, the payout becomes a board decision, not a business inevitability.
the dividend is the reason many investors are here. Pressure on it would hit the thesis directly.
high
Product concentration
Product sales are $10.5M, or 75% of revenue, and they fell 8%. That is concentration risk with a number attached. If the core line stays soft, the rest of the company does not have enough scale to hide it.
another drop in the main segment would make the revenue problem harder to explain away as timing.
med
Municipal budget timing
The customer base is tied to transportation agencies and public spending cycles. Orders can slip because a budget got delayed, a project moved, or an approval sat on someone's desk too long.
for a company this small, pushed-out contracts create lumpy quarters and noisy earnings even without a broken product.
low
Supply chain and inventory friction
The company has previously pointed to inventory decisions tied to component availability. That tells you the hardware side still depends on a supply chain it does not control.
this is not the core problem today, but it matters more when you have very little room for operational slippage.
What would change our mind: product sales stabilizing after the 8% drop and the $3.5M royalties and services stream moving from flat to growth. If neither happens, the yield stays the story for the wrong reason.
source: institutional data · regulatory filings · risk analysis
Pay attention to
risk
next dividend declaration
The 10.9% yield is why this stock gets attention. Any change in the payout policy would say more than a polished press release ever will.
metric
product sales after the -8% drop
You want to see whether the $10.5M core segment stabilizes. If it does not, the rest of the business is too small to offset it.
calendar
2026 annual shareholder meeting
March 13, 2026. Listen for direct language on payout priorities, demand visibility, and whether recent weakness looks like timing or something more structural.
trend
royalties and services moving above flat
That $3.5M stream was the stable piece last time. If it starts growing, the business gets a little less hostage to product lumpiness.
Analyst rankings
earnings predictability
35 / 100
in human-speak, analysts do not view these earnings as stable. Small revenue shifts can produce outsized profit swings.
balance sheet quality
C++
This is below average balance sheet grade. Debt is only $1M, but weak scale still makes the business fragile.
source: institutional data
Institutional activity
institutional ownership data for AATC is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$6
current price
n/a
target midpoint · n/a from current
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