Xtract One Technologies Inc. (T:XTRA)
Business Focus: IT Services & Consulting (NEC)
| Sector: Technology | Industry: IT Services & Consulting |
| Company Contact | |
| Address: | Suite 400, 257 Adelaide Street West TORONTO ON M5H 1X9 |
| Tel: | N/A |
| Website: | https://xtractone.com |
| IR: | See website |
| Key People | ||
| Peter Evans Chief Executive Officer, Director | Karen Hersh Chief Financial Officer, Corporate Secretary | |
| Business Overview |
| Xtract One Technologies Inc. is a technology-driven threat detection and security solution company leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company is engaged in the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution. It operates in two segments: Platform and Xtract segment. The Platform segment develops and commercializes an AI-powered threat detection gateway solution. The Xtract segment develops AI solutions for customers. Xtract One's Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations. It serves various industries, including arenas and stadiums, ticket venues and attractions, and casinos. |
| Financial Overview |
| For the six months ended 31 January 2024, Xtract One Technologies Inc. revenues increased from C$1.5M to C$6M. Net loss decreased 34% to C$6M. Revenues reflect Patriot Threat Detection segment increase from C$1.1M to C$5.7M, United States (Country) segment increase from C$1.1M to C$6.2M, Canada (Country) segment increase of 56% to C$491K. Lower net loss reflects Loss on inventory write-down decrease of 66% to C$107K (expense). |
| Employees: | 68 as of Jul 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $98.96M as of Jan 31, 2024 |
| Annual revenue (TTM): | $8.69M as of Jan 31, 2024 |
| EBITDA (TTM): | -$10.59M as of Jan 31, 2024 |
| Net annual income (TTM): | -$13.17M as of Jan 31, 2024 |
| Free cash flow (TTM): | -$12.48M as of Jan 31, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 218,373,238 as of May 2, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.