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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 beastcoastOGon Feb 20, 2023 6:34pm
162 Views
Post# 35295389

Xtract One Investor Deck - Real World Validation Oct 22

Xtract One Investor Deck - Real World Validation Oct 22March 2021 - 7 contracts / $0.8M Backlog / $8M Pipeline 

Since March 2021 to Almost March 2023  the company has recorded what revenues ? 

Pipeline is sort of 90% out ...

This I like more

October 2022 39 Contracts / $6.6M Backlog / $74M Pipeline

Slide 12

It states that in October 2022 that $4.0 M of the $6.6 is in backlog , yet cant seem to find the $2.6 Million is sales that should be recorded as sales can someone go help them ? 

So heres the rub ... Nothing close from 2021 has arrived as per the $7.2 Million pipeline from 2021 to March 2023 (TWO YEARS ) 

So  to estimate that that they now have a realistic pipeline in 2023 of $74 Million dollars is fantasy. 

This is a company issued document, go compare the numbers to reported earnings. 

Cronin at least smiled and made funky fake videos before feeding shareholders the sandpaper sausage. 

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