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Xtract One Technologies Inc. T.XTRA

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

Xtract One Technologies Inc. is a technology-driven threat detection and security solution company leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company is engaged in the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution. It operates in two segments: Platform and Xtract segment. The Platform segment develops and commercializes an AI-powered threat detection gateway solution. The Xtract segment develops AI solutions for customers. Xtract One’s Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations. It serves various industries, including arenas and stadiums, ticket venues and attractions, and casinos.


TSX:XTRA - Post by User

Comment by LONG-HAULERon May 11, 2022 5:37pm
177 Views
Post# 34675709

RE:RE:Evlv results May 11?

RE:RE:Evlv results May 11? I sat in on their call. Big push of product into market via direct sales but more importantly through key partners like Motorola, Johnson Controls and Stanley who they suggest sell, install and service. Great model achieving a large % their Q1 22 subscriptions and product sales. Expecting the model tp grow. 910 customers to date however no data relating if they are trials or on billing subs. Based on the revenue 1 wonders. A lot of talk about TCV. No term length(s) disclosed or discussed. Are those TCV numbers based on 36, 60, 84 or120 month TCV subscriptions. When you break it down monthly not big $ numbers rather small.
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