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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

Comment by JVJ24601on Feb 17, 2022 12:32pm
92 Views
Post# 34438499

RE:RE:18 business days until quarterly earnings...

RE:RE:18 business days until quarterly earnings...Actually you "inflator" only $5.7M In contracts per the $50M Prospectus.  

$2.7M In platform Saleswith 12 clients with payments over 3 years. ($75,000 per month)
$3.0M In Xtract CAD Cntracts, most definitely paid out typically by Gov't over 2 years ($125K per month)

Total Revenue Per Month $200K CAD/ Total Revenue Per Quarter $600K CAD.  TOTAL PLatform Revenue FY2021 $182K...whcih now is PAT's monthly average, so that's a good sign..

How is it that people can't read????  Odd really or themselves telling Half Truths help justify their investments


Per the Investment Prospectus:  - Submitted to Sedar January 5, 2022

The Company currently has signed agreements with 12 customers representing $2.7M in total contract value for platform sales, and seven projects representing $3.0M in total contract value for Xtract service contracts. The platform sales contracts include a combination of proprietary hardware and software as well as service maintenance fees and are charged either through an upfront fee arrangement or a monthly subscription fee under a three-year term. The Company has a solid sales pipeline with well-qualified opportunities which is rapidly growing in its target markets.


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