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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 Davinatoron Mar 02, 2024 6:24pm
156 Views
Post# 35911526

RE:RE:RE:Bad Quarter?

RE:RE:RE:Bad Quarter?Night as we noted earlier this week, they have a new Investor Relations firm in place now. I suspect it was them who put the kibosh on the Preliminary Financials for one reason or another. And as was stated in their recent Base Shelf Prospectus, they are expecting $17M in revenues in the coming 12 months. Given Peter's ways of being fairly conservative about most things, I'm thinking $17M is the absolute minimum number he's expecting  to post and that the actual number will be higher. Hence we should be looking for something in the realm of $4M+. We'll know soon enough but Peter said Rocket Ride enough times recently that if they are having a bad quarter already I would be really surprised. I also recall him talking about "the business continuing to increase exponentially with no signs of things slowing down" or words to that effect. Personality I would love to see a DHS announcement and a $4M queater this week. Would take that in a second! 
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