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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  XTRAF | T.XTRA.WT

Xtract One Technologies Inc. is a Canada-based technology-driven threat detection and security solution provider, leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company's segments include Platform and Xtract. The Platform segment develops and commercializes a platform of AI-powered threat detection technologies. The Xtract segment develops and commercializes advanced artificial intelligence solutions for customers. Its products include SafeGateway, SmartGateway and Xtract One View. Its Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive intelligence for optimizing operations. Xtract One View, the Company's cloud-based platform, provides oversight of its customers entire fleet of Xtract One SmartGateways from one interface.


TSX:XTRA - Post by User

Post by bayoubuckson Aug 22, 2017 4:29pm
158 Views
Post# 26609526

Interview

InterviewIf you weren't excited about this company before, you will be after you watch the short video, imo.  I've never owned stock in a company that is selective in who they sell to.  Martin says they only want to develop customers that will be a win-win relationship.  Better to watch the video to get the real message he's sending.  While he didn't say it was their production target, he said their supplier could ramp up to 2 - 3 thousand a month for a key component.  2K a month X $10K per unit = $240K annualized.  Another poster mentioned a 70% margin (not sure if that was gross or net) I believe. Factor in the monthly fee and ??? Do the math yourself and use a 20-30 times multiple and it will keep you up at night trying to figure how to spend it all!!!    
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