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Bullboard - Stock Discussion Forum 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... see more

TSX:XTRA - Post Discussion

Xtract One Technologies Inc. > $2.9M < $3.1M :-(
View:
Post by Davinator on Mar 07, 2024 5:24pm

$2.9M < $3.1M :-(

Hmmmm. Have to say I wasn't expecting to see us posting a lower sales number than last quarter. That doesn't scream Rocket Ride to me. Also thought we might get the numbers in conjunction with a little surprise news of some sort. 
Having said that, the $5.1M of new bookings vs. $1.1M last year and the contractual backlog of $12.2M against $3.4M last year shows things are definitely heading in the right direction.
I give a B- overall but have to say I was hoping for a B+ or better.
Right direction but Peter needs to stop with the Rocket Ride stuff I think.
Comment by Baxbax on Mar 07, 2024 5:39pm
I expected more from backlog/sales commitments. Revenue okay ish. They mentioned there was big upfront deal in last Q. Hopefully we got some subscriptions in. Heading to right direction indeed and very bullish about remaining of fiscal (11m to do to lowball estimate on prospectus even without dhs).  my only thinking is that mentioning rocket rides was first huge mistake by PE. This just ...more  
Comment by Davinator on Mar 07, 2024 5:55pm
Agreed Bax. Train, maybe twin engine Cessna even, but not Rocket! We need real concrete detail from Peter tomorrow on DHS cause I really feel that is stopping the Rocket from taking off. It just cannot take this long? I can't help but think that there is some EVLV/Gates interference trying to slow up our DHS request. They know they've lost their only advantage once we have that and it ...more  
Comment by Bullseye123 on Mar 07, 2024 6:04pm
He wont say anything new in an open-market conference call. It will just be regurgitation of the financials.
Comment by Nightstocker on Mar 07, 2024 6:43pm
I KNEW this was why they didn't provide the advance statement on financials the week before. Less of a rocket ride, more of a kiddie swing.
Comment by Redneck2 on Mar 07, 2024 7:14pm
North Korean rocket ride, not sure where it's going to land lol , 
Comment by Redneck2 on Mar 07, 2024 8:55pm
Meanwhile here in the US they put out a silver alert for Joe Biden , hasn't shown up for his state of the union ! 
Comment by Nightstocker on Mar 08, 2024 12:03am
@redneck, you come by your call sign honestly. 
Comment by Redneck2 on Mar 08, 2024 5:39am
Thanks Nightstocker ,that means a lot. 
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