Xtract One Technologies Reports Record Revenue in 2024
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Xtract One Technologies Reports Record Revenue in 2024

Story Highlights
  • Xtract One’s revenue hit $16.4 million in fiscal 2024, quadrupling last year’s figures.
  • The new Xtract One Gateway is set to expand market reach with its advanced screening features.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Patriot One Technologies (TSE:XTRA) has released an update.

Xtract One Technologies achieved a record-breaking fiscal year in 2024, with revenue reaching $16.4 million, a significant increase from the previous year. The company attributes its success to strong demand across various sectors and the launch of its new Xtract One Gateway, which enhances their competitive edge by offering advanced security screening capabilities. Despite a loss of $11.1 million, the company is optimistic about further growth in fiscal 2025.

For further insights into TSE:XTRA stock, check out TipRanks’ Stock Analysis page.

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