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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 Baxbaxon Aug 05, 2023 3:50am
112 Views
Post# 35574593

RE:RE:Complaining about marketing is wrong. It’s a cash flow issue

RE:RE:Complaining about marketing is wrong. It’s a cash flow issue

Peter once mentioned that they had increased production of units significantly (doubled even the highest estimate if I recall) and I would assume they have reserves for clearing big portion of backlog and also to mentioned msg and sphere installations in sep. Interesting to see how much closer to breakeven we climb even before the financing.

I see they want to keep the upkeep and installations on their own workforce for now to secure the quality but ofc partner needed on both sales and upkeep purposes. I bet there are many candidates for these roles..while the industry is getting trust and growing I bet customers learn as we go and they will have expertise. Lets say with ovg it makes sense that they would educate some of the staff to be experts and this would reduce the pressure on vendor side. Same with gov along the line. As we speak our team must be amazingly busy as everything is new and trust is being build. 

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