STOCK TITAN

Xtract One Technologies Named to 2024 OTCQX Best 50 for the Second Consecutive Year

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Xtract One Technologies (XTRAF) has been named to the 2024 OTCQX Best 50, a ranking of top performing companies on the OTCQX Best Market based on 2023 total return and average daily dollar volume growth. This is the second consecutive year the company has made the list, with the 2024 OTCQX Best 50 companies trading an aggregate $11.4 billion in dollar volume in 2023 and delivering a median total return of 77%. The company's CEO, Peter Evans, expressed gratitude for the recognition and emphasized the company's commitment to innovation and expansion.
Positive
  • None.
Negative
  • None.

This Repeat Recognition Demonstrates the Company’s Continued Growth and Industry Strength

TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Xtract One Technologies (TSX: XTRA)(OTCQX: XTRAF)(FRA: 0PL) (“Xtract One” or the “Company”), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, is pleased to announce that it has been named to the 2024 OTCQX® Best 50, a ranking of top performing companies on the OTCQX Best Market based on 2023 total return and average daily dollar volume growth. This acknowledgement serves as the second year in a row the Company has made the list.

The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2024 OTCQX Best 50 were ranked based on their performance in 2023. The 2024 OTCQX Best 50 companies traded an aggregate $11.4 billion in dollar volume in 2023 and delivered to investors a median total return of 77%.

"We are honored to be recognized once again among the top performing companies on the OTCQX for the year," said Peter Evans, CEO of Xtract One. "This award is a testament to our ongoing expansion and steadfast determination as a company. In the year ahead, we look forward to continuing to bring our innovative security technology to the masses, and to pushing the boundaries even further for innovation in our industry.”

For the complete 2024 OTCQX Best 50 ranking, visit https://www.otcmarkets.com/files/2024_OTCQX_Best_50.pdf.

The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

About Xtract One
Xtract One Technologies is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The Company makes unobtrusive threat detection systems that enable venue building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One’s innovative Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities, and receive valuable intelligence for optimizing operations. For more information, visit www.xtractone.com or connect on Facebook, Twitter, and LinkedIn.

For further information, please contact:

Xtract One Inquiries: info@xtractone.com, http://www.xtractone.com   

Media Contact: Kristen Aikey, JMG Public Relations, 212-206-1645, kristen@jmgpr.com


FAQ

What is the significance of Xtract One Technologies being named to the 2024 OTCQX Best 50?

Xtract One Technologies (XTRAF) being named to the 2024 OTCQX Best 50 indicates the company's strong performance based on 2023 total return and average daily dollar volume growth on the OTCQX Best Market. This recognition demonstrates the company's continued growth and industry strength.

How is the 2024 OTCQX Best 50 ranking calculated?

The 2024 OTCQX Best 50 ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year.

What are the qualifications for companies to be listed on the OTCQX market?

To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

XTRACT ONE TECH INC

OTC:XTRAF

XTRAF Rankings

XTRAF Latest News

XTRAF Stock Data

116.61M
182.34M
15.15%
0.54%
Software - Application
Technology
Link
United States of America
Toronto