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Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

Gatekeeper Systems Inc. is a Canada-based provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. It uses artificial intelligence, video analytics, and mobile data collectors to inter-connect public transportation assets within a smart city ecosystem. Its platform-as-a-service business model is centered around wirelessly enabled mobile data collectors which forms the foundation of its data company evolution. It engineers, manufactures and distributes high-definition mobile video and data solutions for a range of markets including school districts, law enforcement, public transit authorities, as well as the United States military. Its video management and video analytics software may be used in mobile or desktop applications for managing video evidence of incidents. Its solutions include Purchek, Business Intelligence, CartControl and CartManager Ultra.


TSXV:GSI - Post by User

Comment by Ciaoon Jan 31, 2024 12:42pm
209 Views
Post# 35855161

RE:New Deep Dive interview

RE:New Deep Dive interviewA couple of nuggets in this interview;

a. 1000 MDC are lit up, or 2% of the 50,000 are providing sub revenues
b. baseline revenues are north of 20 and approaching 30 (that implies baseline rev of. north of $5M and approaching 7.5M (likely due to upgardes of camera systems in the K-12 market)

Given that breakeven rev. are about $5M per quarter and Q4 did not have any large contracts (that we are aware of) at $7.3M, we may be on our way to continue the 5 quarter streak of positive earnings (given Q2 will show positive earnings) moving forward. The lumpiness in rev will no longer result in a quarterly loss due to the rise in baseline rev.  That would make the stock very palatable to a whole bunch of investors.
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