Xtract One Technologies Inc. T.XTRA

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

Industrials Aerospace & Defense

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

Xtract One Technologies Inc. > Not far from next disclosure on Financials !

<< Previous

Bullboard Posts

Next >>

Post by beastcoastOGon Oct 13, 2022 12:13pm

340 Views

Post# 35022557

Not far from next disclosure on Financials !

The following is a summary of the key business highlights for the Company for three month period ended April 30, 2022:

Accelerated topline growth with approximately $2.8 million of revenue recognized during the first nine months of the fiscal year, of which $0.9 million was generated in the
current quarter;

+$2.1 M
Continued to build backlog to over $2.6 million, with an additional $1.6 million pending successful trials that will be recognized as revenues in future periods;

+ $4.2M

Thats $6.3 M

Quick reminder guys , this is what SHOULD appear in the revenue hopper next financials. This is what the in a very SKETCHY way call recognized revenue. SO GUYS say they had 3 month trials then it was decision time a while ago. Do you guys think PAT will announce $ 6.3 M USD sales ?
Let's say they MIRACULOUSLY did pull this off ... They are set to have spent $15.2 Million USD doing so.

Even Golden can work out that Math. Remove inventory and taxes , thats more like $2 M.

So even if the numbers appear its still a $13 M USD negative proposition.