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Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

Gatekeeper Systems Inc. is a Canada-based provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. The Company uses artificial intelligence (AI), video analytics, thermal cameras, and mobile data collectors to inter-connect public transit assets as part of intelligent transportation systems in a smart city ecosystem. The Company’s platform-as-a-service (PaaS) business model is an enabling transformation to a video and data solutions provider for intelligent transit and smart cities. It offers mobile video solutions which integrate high-definition digital video (HDDV) with the global positioning system (GPS) for real-time vehicle location, time, date and telematics data, and provides a comprehensive 360-degree view inside and outside vehicles. Its wireless devices also provide real-time connectivity, streaming video, and vehicle tracking.


TSXV:GSI - Post by User

Post by BoardAddicton Dec 06, 2020 12:06pm
256 Views
Post# 32046048

1 of many reason to expect a great Q4

1 of many reason to expect a great Q4As per Doug's statement on Nov 6, 2020 news release:

Doug Dyment, CEO of Gatekeeper, commented: “While we work diligently to close the Financing, I would like to remind our shareholders that the fundamentals of our business have never been stronger. This Financing was unsolicited, and its closing does not impede the operations of the Company. We have reported nine consecutive quarters of record-breaking growth and in our latest fiscal quarter (Q3-2020) we reported revenue of $5.6M, net income of $1.3M, and working capital of $7.7M. We also secured a $3M credit facility with TD Bank in July 2020, which is currently not utilized. The subscribers have been unwavering in their commitment to complete the Financing and they are appreciative that the Company is accommodating the unexpected additional time that they have required to close.”
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