Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s): XTRAF | T.XTRA.WT

Industrials Aerospace & Defense

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.

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Xtract One Technologies Inc. > Two Other Thoughts

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Post by bobbythebakeron Nov 21, 2023 9:28am

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Post# 35746111

Two Other Thoughts

(1) 64-67% Gross Margins? Holy cow. Or should I say, cash cow?

(2) Based on $3.2mm quarterly revenues, the company is currently trading at about 8x sales. Considering Xtract One is going to 4x production capacity in the next months, I can see the company currently trading at a very low multiples of 1Q25 sales, like maybe 2x. With no growth, EVLV is currently trading at 8x earnings. In short, huge upside potentially ahead for XTRA.

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