Gatekeeper Systems Inc V.GSI

Alternate Symbol(s): GKPRF

Technology Scientific & Technical Instruments

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.

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Gatekeeper Systems Inc > MDC subscription estimate

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Post by Ciaoon Nov 26, 2024 11:33am

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Post# 36331285

MDC subscription estimate

The subscriber list of MDCs must be very close if not over 5K

1) 3000 MDCs noted in early spring
2) 1400 added (?) in the May contract
3) 250 added in the Lexington contract

At 4650 subscribing units and at a min. $25 USD / month ($35 CDN), that works out to about $1.95M CDN annually. Given the valuation of SaaS companies on rev, the median is about 13X (Doug mentioned 10X). These subscriptions should be pretty sticky as well. This added valuation is $25M CDN or about $.27 / share.

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