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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 JVJ24601on Mar 01, 2022 11:34am
123 Views
Post# 34471293

Readers looking at $ & Data. March 15 Q2 MD&A coming soon

Readers looking at $ & Data. March 15 Q2 MD&A coming soon10 Buisness Days unitl Q2, FY2022 MD&A gets posted for quarter ending January 31, 2022.   We'll see actual sales, actual revenue, actual burnrate and remaining cahs balance.  

Then ADD in the $1M CAD from Xtract Deal complete & Paid during Q3, FY@2022
Then SUBTRACT 1/2 the Q2 Quarterly Burnrate shows (for (period Feb 1- March 15)
Then ADD $600K revenue in the $5.8M* backlog for the quarter (Based on payout of 24-36 months)

Note the Astric * on $5.8M as that is predicated on $2.1M in successful client trials per the PAT Corporate Investment Deck post in Janaury 2022.

10 more business days.   I sincerely hope they have an Investment Announcement SOON!!!
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