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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

Comment by TopStockBuyon Oct 26, 2021 8:40pm
176 Views
Post# 34052892

RE:GSI Performance

RE:GSI PerformanceFrom my perspective, in the past 12months Gatekeeper has made inroads into existing markets with recurring revenue and existing customer purchases.  Their recurring revenue is growing but they did not hit any major contract $$ awards this year that I know of.  Most of their contracts came from the K-12 market.  Last year they had the Dover contract ($6.3M) and I don't think they had anything like that this year.  I agree, they will likely come short of $20M but I think they still grew their recurring revenue base with existing contracts and customers.  

They also announced some Pilot projects with great potential that have yet to materialize into sales.  An ALE contract will completely transform this company and take them to the next level.  I do believe there are a lot of forks in the fire, just a matter of time before some of them turn into contracts.   I think 2022 is going to be a record year for Gatekeeper and 60cents will look like a bargain.  

GLTA
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