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Xtract One Technologies Inc. T.XTRA

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

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 Baxbaxon Jun 02, 2024 5:09am
174 Views
Post# 36068039

RE:RE:RE:RE:RE:RE:RE:RE:Broken Promises

RE:RE:RE:RE:RE:RE:RE:RE:Broken PromisesSomething like 60/40 maybe yeah overall. Last Q subscription was 1.3m ish if I remember correctly so 1.6 for upfront rought. Its still % big portion if some customer buys upfront. We made such arena deals last Q that expecting subscriptions to be in ballpark of 2m. Live coop was with solid margin being overseas.. any midsize upfront deal (school deals?) would the get us closed to 4m total. And 20% they say comes from existing customers so that should suppport 4m theory. Machine is right to point out its now interesting to see how backlog is behaving after slow Q last time. Production increases planned for summertime are maybe only partially in the costs, lets see. 
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