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Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

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.


TSXV:GSI - Post by User

Comment by davewhoon Dec 01, 2024 9:56am
71 Views
Post# 36339491

RE:RE:RE:RE:RE:RE:TTC project will be over $110M

RE:RE:RE:RE:RE:RE:TTC project will be over $110M we did hash this out with the LA contract. Hayden is a startup. They only beat out GSI by taking a cut in the contract value to match GSI. They do seem to have good access to private investment money but I doubt the are even close to being profitable and probably unlikely to be for many years. Its quite possible they won't even make money on the LA contract. That said, it is hard to get a handle on any private company. GSI offers an end to end solution where as Hayden reliies on sub contractors, partners and startup money. They could be gone if things don't work out for them as planned. Example, Rekor hasn't developed as many originally thought they would. But at least they are a public company and we can see how much $ they lose every Q.. SP has gone from $3.60 to 97 cents in less than a year. Looks like they lost $34m FY23 or 72 cents a share. Market seems to be saying FY24 could be just as bad.
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