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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 Oliver5800on Feb 20, 2024 7:39am
85 Views
Post# 35888365

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:You guys were not paying attention..

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:You guys were not paying attention..Nightstocker
I personally don't put a lot of weight into what news companies give for financial advice. Their business is making news. It's only going to get worse with AI as well. 
At the end of the day, it's the numbers that count. 
Before that article came out xtract had revenue of roughly 800k in the previous 2q. In july q they had 1.1mil . A 300k increase is squat! Oct. they had 3mil which is a nice increase, but is still not much. Also 1q does not make a trend! Will see what they come out with in a couple weeks & months, then you'll see trends. I want to see 5mil min revenue this quarter with some increase in marketing & sales costs. 
I don't expect profits, as to grow revenue you do need to spend.
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