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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. It uses artificial intelligence, video analytics, and mobile data collectors to inter-connect public transportation assets within a smart city ecosystem. Its platform-as-a-service business model is centered around wirelessly enabled mobile data collectors which forms the foundation of its data company evolution. It engineers, manufactures and distributes high-definition mobile video and data solutions for a range of markets including school districts, law enforcement, public transit authorities, as well as the United States military. Its video management and video analytics software may be used in mobile or desktop applications for managing video evidence of incidents. Its solutions include Purchek, Business Intelligence, CartControl and CartManager Ultra.


TSXV:GSI - Post by User

Bullboard Posts
Post by TheRock07on Jul 27, 2016 10:12am
195 Views
Post# 25088069

Projected Q3 Sales of over $7 million

Projected Q3 Sales of over $7 million$1,225,000 for the last 4 weeks averages about $550,000 per year.

Thats almost exactly the same as for the first 3 weeks of this quarter.

Clearly, orders are pouring in at a very robust and steady rate.

At the purchase order rate of $550,000 per week, GSI should add another $3.2 million by exit Q3.

Thats over $7 million for the quarter.

Inventory levels are robust so these orders can be filled quite quickly.

So @ $7 million in sales and 55% gross margin, operating earnings will be about $3.8 million.

Remove $1.2 million for other operating expenses, and Q3 net earnings become $2.6 millin or about $0.04 per share.

If decent rates of purchase order receipts continues foer the next 4 quarters ( it probably will increase ), GSI stands to earn over $0.12 per share for the next 4 quarters.

This places fair value at $1 or more.

Back up your trucks..
Bullboard Posts