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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 ramman1on Jan 06, 2025 7:25pm
127 Views
Post# 36391514

RE:RE:This guy just never ceases to amaze me

RE:RE:This guy just never ceases to amaze meThe Q1 numbers Tropical ,should look very decent. (1) We will not have the revenue  like in  2024 because we do not have that large Septa income like last year, however: we do have the Lexington contract. (2) On the plus side, we have the $658 755.00 into kitty if our man decides to do nothing and use as deposit. (3) The tax situation should not be a factor , as it was  last Q . Taxes are a fact of life ,but not a factor one should worry about. (4) Operating costs should drop 10% -12% ,maybe more. The cost of new manpower in 2024  is there,no question, however the set-up and bulk of training costs should be reduced significantly.  (5) Operating expenses are another fact of life, however a 4-5% drop there is probable . The WILDCARD will be whats NOT  in the financials.  --This margin drop on profit   found in Q3-Q4 will be the thing to watch . -------  Don't forget ,company set goals of 10000 MDC's under contract at $30/U.S/ per bus . The large May 2024 contract (looks to be done) by my calculation  at $23 /U.S/bus. Figure 45% up front margin at $30 ,with $16.5 cost and $13.5 profit . NOW: figure $23 /bus. Cost still at $16.5 ,but now profit reduces to only $ 6.50 . Thats the worry.Thats the margin drop . Kind of hard to tell new customers to pay $30 when they know that May contract was for $23. Yes, new items may be available now on MDC coverage  that was not available in May, however ,we will leave it at that . We have to get the margin profit back. 
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