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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.WT | 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

Post by bobbythebakeron Sep 20, 2023 10:01am
185 Views
Post# 35645132

Sidoti Small-Cap Virtual Conference

Sidoti Small-Cap Virtual ConferenceCEO Peter and CFO Karen presented today at the Sidoti Small-Cap Virtual Conference via a zoom call.  I only caught the last 10 minutes.  Below is what caught my ear.  If anyone else saw the whole thing, any feedback is appreciated.

-> Xtract One not looking at mass transit.  Not a good fit for their model.  Imagine the guy coming through the subway holding a crockpot.  People coming into a stadium or a factory have a much more predictable profile of what they're carrying. (I can also imagine it would cost a lot to staff every station, with less economy of scale vs. a stadium where tens of thousands enter in just 2 hours vs a slow trickle all day.)

-> Peter's closing statement:  Cannot think of a better time to invest in Xtract One with a 2x-3x-4x YOY trajectory.
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