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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 LONG-HAULERon May 11, 2022 5:37pm
207 Views
Post# 34675709

RE:RE:Evlv results May 11?

RE:RE:Evlv results May 11? I sat in on their call. Big push of product into market via direct sales but more importantly through key partners like Motorola, Johnson Controls and Stanley who they suggest sell, install and service. Great model achieving a large % their Q1 22 subscriptions and product sales. Expecting the model tp grow. 910 customers to date however no data relating if they are trials or on billing subs. Based on the revenue 1 wonders. A lot of talk about TCV. No term length(s) disclosed or discussed. Are those TCV numbers based on 36, 60, 84 or120 month TCV subscriptions. When you break it down monthly not big $ numbers rather small.
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