Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s): T.XTRA.WT | XTRAF

Industrials Aerospace & Defense

Xtract One Technologies Inc. is a Canada-based technology-driven threat detection and security solution provider, leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company's segments include Platform and Xtract. The Platform segment develops and commercializes a platform of AI-powered threat detection technologies. The Xtract segment develops and commercializes advanced artificial intelligence solutions for customers. Its products include SafeGateway, SmartGateway and Xtract One View. Its Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive intelligence for optimizing operations. Xtract One View, the Company's cloud-based platform, provides oversight of its customers entire fleet of Xtract One SmartGateways from one interface.

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Xtract One Technologies Inc.

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Comment by Pandoraon Aug 28, 2020 1:19am

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Post# 31468223

RE:RE:RE:RE:Financials

Yes and I believe there is another 4 - 6 weeks extension allowed for Covid reasons. Last year was Oct. 28 for year end so that could push it to end of Nov. early Dec.

dontfollow wrote:
Ye the next report is a YE report, not a quarterly report. So it's 90 days instead of 45 for filing.

I mean, last quarter they reported around $1,2mil CAD where 7-800k came from platform sales. Sure, we might book some revenue from Ohio schools and correctional services this quarter but we don't know the $ amount. Other than that, what NR has PAT put out during this year that could materialize into revenues for FY Q4 (May 1st - July 31st)? Some Xtract service contracts, most of which were awarded in end of -19 / early -20. Of course, the supercluster grants but I doubt we'll see any revenues there since it's divided into milestone payments and we don't know the progress of it.

What's your prediction??