Gatekeeper Systems Secures $1M in School Bus Video Contracts in California

Gatekeeper Systems ( (TSE:GSI) ) has shared an announcement.

Gatekeeper Systems Inc. announced the acquisition of three full-fleet school bus video and subscription contracts in California, valued at approximately US$710,000. These contracts, involving new and existing customers, highlight the company’s strategic approach to expanding its market reach by collaborating with school bus transportation providers and directly engaging with school districts. The contracts are expected to enhance Gatekeeper’s presence in California, where it already serves over 350 school districts, and demonstrate the company’s commitment to providing innovative video and data solutions.

Spark’s Take on TSE:GSI Stock

According to Spark, TipRanks’ AI Analyst, TSE:GSI is a Neutral.

Gatekeeper Systems’ overall stock score is driven by positive technical analysis and strong corporate events, indicating growth potential. However, financial performance and valuation concerns due to negative profitability and cash flow issues weigh down the score.

To see Spark’s full report on TSE:GSI stock, click here.

More about Gatekeeper Systems

Gatekeeper Systems Inc. is a leading provider of video and data solutions aimed at enhancing safety in transportation environments for children, passengers, and drivers on public transportation fleets. The company has served over 60 transit agencies and 3,500 school districts across North America, installing more than 57,000 Mobile Data Collectors that record video and data from over 200,000 onboard devices. Gatekeeper’s Platform-as-a-Service (PaaS) model focuses on Mobile Data Collectors, which are central to its transformation into a data-centric company.

Average Trading Volume: 341,836

Technical Sentiment Signal: Buy

Current Market Cap: C$149.6M

For an in-depth examination of GSI stock, go to TipRanks’ Overview page.