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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 08, 2024 12:48pm
117 Views
Post# 35923053

RE:Earnings Call?

RE:Earnings Call?Worth a listen for sure Night. Definitely a little net new in there but there was a lot of soft balls in the questions. The second guy's questions were SO set up.
For me the takeaway was the seasonality reminder around Q2 and that it has been their slowest quarter traditionally. Makes sense given NBA and NHL seasons ending in the spring and then reviewing security, etc. He said that they have full go/approval with the NHL so hopefully some new contracts to come there. But he also said that some teams want the DHS approval before they will sign so come hell or high water Evans must make that happen asap.
At the end of the day, what are we gonna do? I'm not going anywhere. Too much invested for too long. I still think with the s#itshow happening at EVLV the phones have got to be ringing even more at XTRA now (they are the only other real alternative) and there is a huge market out there that XTRA is super-well positioned for. My two cents... 
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