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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

Comment by Davinatoron Mar 02, 2024 6:24pm
140 Views
Post# 35911526

RE:RE:RE:Bad Quarter?

RE:RE:RE:Bad Quarter?Night as we noted earlier this week, they have a new Investor Relations firm in place now. I suspect it was them who put the kibosh on the Preliminary Financials for one reason or another. And as was stated in their recent Base Shelf Prospectus, they are expecting $17M in revenues in the coming 12 months. Given Peter's ways of being fairly conservative about most things, I'm thinking $17M is the absolute minimum number he's expecting  to post and that the actual number will be higher. Hence we should be looking for something in the realm of $4M+. We'll know soon enough but Peter said Rocket Ride enough times recently that if they are having a bad quarter already I would be really surprised. I also recall him talking about "the business continuing to increase exponentially with no signs of things slowing down" or words to that effect. Personality I would love to see a DHS announcement and a $4M queater this week. Would take that in a second! 
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