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