GATEKEEPER SYSTEMS INC - GKPRF STOCK NEWS

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Gatekeeper Systems Inc. (symbol: GKPRF) is a prominent video and data solutions provider for public transportation and smart cities based in Abbotsford, British Columbia. The company, also known as Gatekeeper, operates under the TSXV: GSI and OTC Pink: GKPRF tickers. Gatekeeper specializes in delivering intelligent video and data solutions to enhance the safety of children, passengers, and public safety personnel across various transportation modes. Leveraging cutting-edge technologies such as AI, video analytics, and Mobile Data Collectors, Gatekeeper interconnects public transportation assets within Smart City ecosystems.

Gatekeeper's business model revolves around its Platform-as-a-Service (PaaS), with a focus on wirelessly enabled Mobile Data Collectors serving as the cornerstone of the company's evolution into a data-centric entity. Notable achievements include completing multi-million dollar contracts to provide video and wireless data technology for transit buses and trains. Gatekeeper is positioned for growth through its comprehensive suite of product offerings, including hosted software solutions and wireless data connectivity.

09/10/2024 04:15 PM

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Gatekeeper Reports Preliminary Fiscal Q4 Revenue of $11.5M and 2024 Fiscal Annual Revenue of $37.6M

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Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF), a video and data solutions provider for public transportation and smart cities, has announced preliminary financial results for Q4 and fiscal year 2024. The company reports:

- Q4 2024 revenue of approximately $11.5 million, up 57% from $7.3 million in Q4 2023

- Fiscal year 2024 revenue of approximately $37.6 million, a 35% increase from $27.8 million in fiscal year 2023

Both quarterly and annual revenues represent the highest in the company's history. The audited financial results are expected to be released in December 2024.

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07/30/2024 05:12 PM

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Gatekeeper Reports $6.5M Revenue in Fiscal Q3; $26M Revenue and $3.1M Net Income in 9 Month Period

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Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF) reported its financial results for Q3 and the nine months ended May 31, 2024. Highlights include:

Q3 revenue increased 9% to $6.46M
Nine-month revenue up 27% to $26.14M
Nine-month net income of $3.11M
Cash and equivalents of $9.25M with no debt

The company saw growth in both school and transit segments, with $3M in orders for Mobile Data Collectors and video systems for 1,400 school buses. Gatekeeper is also positioning itself for the new Federal Railroad Administration rule requiring video and recording devices on all U.S. intercity passenger trains by 2027.

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05/08/2024 08:00 AM

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Gatekeeper Announces $3M in Orders for Mobile Data Collectors and Video on 1,400 School Buses

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Gatekeeper Systems Inc. announced $3M in orders for Mobile Data Collectors and video solutions for 1,400 school buses. The company received contracts worth approximately US$2.2 million, expanding their installed base of MDCs and video solutions. Gatekeeper's PaaS business model focuses on optimizing video data management offerings for the customer's fleet.

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04/29/2024 08:15 AM

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Gatekeeper Reports $9.9M Revenue and $1.6M Net Income in Fiscal Q2 2024

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Gatekeeper Systems Inc. (GKPRF) reports record revenue of $9.9M and net income of $1.6M for Fiscal Q2 2024. The company experienced a 35% revenue increase compared to the same period last year. Gross margin also improved by 12% and 62% for the three and six months ended February 29, 2024, respectively. Gatekeeper's total comprehensive income grew to $3.6M for the six-month period. The Company remains debt-free with a strong working capital of $16.7M. Gatekeeper is focusing on expanding its data business and AI-based video analytics solutions, seeing growth in the school and transit segments. Strategic investments in infrastructure and sales team preparation for future growth are ongoing.

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01/29/2024 08:30 AM

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Gatekeeper Reports $9.8M Revenue, 101% YoY Growth, and $2.3M Net Income in Record Breaking Fiscal Q1 2024

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Gatekeeper Systems Inc. reports a significant increase in revenue and gross margin for the first fiscal quarter ended November 30, 2023. The company's revenue grew by 101% to $9,824,743 compared to the same period the previous year, while gross margin increased by 209% to $4,778,045. Gatekeeper also achieved a total comprehensive income of $2,341,112, or $0.02 per share, a substantial improvement from the previous year. The company had working capital of $15,189,418 and no borrowed-money debt at the end of November 30, 2023. Gatekeeper also engaged Velocity Trade Capital Ltd. to provide market stabilization and liquidity services, with an initial term of two months.

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12/28/2023 07:45 PM

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Gatekeeper Reports $27.8M Revenue, 39% YoY Growth in FY 2023, and Improves Net Income by 50% to $2.9M

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Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF) reports audited financial results for fiscal year ended August 31, 2023. Revenue increased by 39% to $27,848,838, with a gross margin of 45%. Total comprehensive income increased by 50% to $2,887,078. The company had cash and cash equivalents of $4,110,859 and no borrowed-money debt. Total basic and diluted income per share for the year was $0.03.

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11/01/2023 08:00 AM

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Gatekeeper Completes First Part of $9 Million Transit Video and Data Contract

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Gatekeeper Systems Inc. announces completion of $2.51 million contract for video and wireless data technology for transit buses and trains, with a total contract value of $6.7 million. The remaining portion of the contract is expected to be completed by February 29, 2024.

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09/14/2023 08:00 AM

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Gatekeeper Announces $9 Million Transit Video and Data Contract, Backlog Now $13 Million

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Gatekeeper Systems Inc. subsidiary receives $6.7 million contract for video and data technology for SEPTA transit buses and trains.

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07/19/2023 08:15 AM

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Gatekeeper Reports $6M Revenue and $0.4M Net Income in Fiscal Q3; $20.5M Revenue and $2.2M Net Income in 9 Month Period; 101% YoY Growth

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FAQ

What is the current stock price of GATEKEEPER SYSTEMS (GKPRF)?

The current stock price of GATEKEEPER SYSTEMS (GKPRF) is $0.4623 as of October 15, 2024.

What is the market cap of GATEKEEPER SYSTEMS (GKPRF)?

The market cap of GATEKEEPER SYSTEMS (GKPRF) is approximately 42.1M.

What does Gatekeeper Systems Inc. specialize in?

Gatekeeper is a video and data solutions provider for public transportation and smart cities, focusing on enhancing safety for passengers.

What technologies does Gatekeeper use?

Gatekeeper leverages AI, video analytics, and Mobile Data Collectors to interconnect public transportation assets within Smart City ecosystems.

What is Gatekeeper's business model?

Gatekeeper's business model is centered around its Platform-as-a-Service (PaaS) and wirelessly enabled Mobile Data Collectors, driving the company's evolution into a data-centric entity.

What recent achievements has Gatekeeper celebrated?

Recent achievements include completing multi-million dollar contracts for video and wireless data technology for transit buses and trains.

How is Gatekeeper positioned for future growth?

Gatekeeper is poised for growth through its comprehensive suite of product offerings, including hosted software solutions and wireless data connectivity.

Where is Gatekeeper Systems Inc. headquartered?

Gatekeeper Systems Inc. is headquartered in Abbotsford, British Columbia.

Under what tickers does Gatekeeper Systems Inc. operate?

Gatekeeper Systems Inc. operates under the TSXV: GSI and OTC Pink: GKPRF tickers.

What is the core focus of Gatekeeper Systems Inc.?

The core focus of Gatekeeper Systems Inc. is to provide a safer transportation environment for children, passengers, and public safety personnel on various transportation modes.

What is Gatekeeper's approach to safety enhancement?

Gatekeeper enhances safety through its utilization of AI, video analytics, and Mobile Data Collectors to interconnect public transportation assets within Smart City ecosystems.

What sets Gatekeeper apart in the video and data solutions domain?

Gatekeeper's unique selling point lies in its innovative use of technology to drive safety, efficiency, and data-driven decision-making in the public transportation sector.

What recent contracts has Gatekeeper secured?

Gatekeeper has secured purchase contracts for approximately US$2.2 million from a student transportation services company to install Mobile Data Collectors (MDCs) and video solutions on around 1,400 school buses.