Gatekeeper Sys - GKPRF STOCK NEWS

Gatekeeper Systems (TSXV: GSI) (OTC Pink: GKPRF) has been awarded an Automated Streetcar Enforcement System (ASES) pilot contract by the Toronto Transit Commission (TTC). The contract, valued at approximately $460,000, involves deploying AI-assisted video analytics for incident detection, license plate capture, and automated ticket processing on four streetcars.

The ASES system will enforce regulations requiring motorists to stop behind streetcars when passenger doors are open, using video-based evidence capture and automated ticketing. This initiative aims to enhance passenger safety in mixed-traffic conditions where passengers must cross traffic lanes to board streetcars.

The TTC, serving approximately 1.7 million daily commuters, is Canada's largest public transit system and North America's third-largest. The implementation of ASES represents a technological solution to address frequent instances of vehicles illegally passing streetcars with open doors.

Gatekeeper Systems (TSXV: GSI) (OTC: GKPRF) reported financial results for Q1 2025 ended November 30, 2024. Revenue decreased to $7.28M from $9.82M in the same period last year. Gross profit declined to $3.16M from $4.78M, with gross margin dropping to 43% from 49%. Operating profit decreased significantly to $32,585 from $2.12M, while total comprehensive income fell to $576,093 from $2.34M.

The company maintains a strong financial position with $8.26M in cash, $17.27M in working capital, and no debt. During the quarter, Gatekeeper expanded its product lineup with new technologies including Cell Phone Detection cameras for school buses and continued developing NTSB-compliant solutions for passenger trains. The company secured a contract with Lexington One for full-fleet school bus video technology upgrades.

Gatekeeper Systems reported record financial results for FY2024, with revenue reaching $37.8M, a 36% increase year-over-year. The company achieved an operating profit of $4.2M, up 56% from the previous year. Gross profit increased 37% to $17.2M, maintaining a 46% margin.

The company's school bus segment generated $22.6M in revenue (60% of total), while the transit segment contributed $12.5M (33%). Service & recurring revenue reached $2.7M (7%). The company has installed approximately 57,000 Mobile Data Collectors across its network, managing roughly 200,000 video devices daily. As of August 31, 2024, Gatekeeper maintained a strong financial position with $6.7M in cash, $16.7M in working capital, and no debt.

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.

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.

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.

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.

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.

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.