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Gatekeeper Systems
(GSI)
Gatekeeper Systems (GSI) vs. iShares MSCI Canada ETF (EWC)
Gatekeeper Systems Business Overview & Revenue Model
Gatekeeper Systems Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.79M | 31.79M | 37.81M | 27.85M | 20.03M | 17.23M |
| Gross Profit | 12.56M | 12.56M | 17.24M | 12.54M | 9.31M | 7.52M |
| EBITDA | -2.91M | -2.91M | 4.99M | 3.47M | 2.03M | -186.36K |
| Net Income | -3.15M | -3.07M | 1.99M | 2.81M | 1.88M | 120.77K |
Balance Sheet | ||||||
| Total Assets | 38.52M | 38.52M | 22.37M | 19.61M | 23.02M | 14.40M |
| Cash, Cash Equivalents and Short-Term Investments | 14.77M | 14.77M | 6.72M | 4.11M | 2.60M | 3.60M |
| Total Debt | 749.20K | 749.20K | 983.01K | 749.62K | 4.46M | 813.79K |
| Total Liabilities | 12.42M | 12.42M | 4.21M | 3.87M | 10.47M | 3.30M |
| Stockholders Equity | 26.10M | 26.10M | 18.16M | 15.74M | 12.55M | 11.10M |
Cash Flow | ||||||
| Free Cash Flow | -2.43M | -2.34M | 3.45M | 6.31M | -4.63M | 4.04M |
| Operating Cash Flow | -2.17M | -2.17M | 4.22M | 6.54M | -4.60M | 4.14M |
| Investing Cash Flow | -174.66K | -174.66K | -774.59K | -232.35K | -30.22K | -106.56K |
| Financing Cash Flow | 10.35M | 10.35M | -831.22K | -4.81M | 3.62M | -1.45M |
Gatekeeper Systems Technical Analysis
Gatekeeper Systems Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | C$645.29M | 384.81 | 3.57% | ― | 80.50% | 558.33% | |
52 Neutral | C$28.78M | -32.54 | -7.09% | ― | 17.15% | 76.98% | |
48 Neutral | C$198.75M | -57.01 | ― | ― | -3.41% | -151.98% | |
45 Neutral | C$42.92M | 273.26 | 0.25% | 4.92% | -1.00% | -71.94% | |
39 Underperform | C$17.07M | -0.24 | ― | ― | ― | ― |
Gatekeeper Systems Corporate Events
Gatekeeper Systems has secured a contract worth approximately US$600,000 with L&T Technology Services to supply mobile data collectors, external video systems and crash-hardened memory modules for a fleet of freight locomotives on the Etihad Rail network in the United Arab Emirates. The deal, which includes a 50% pre-shipment payment and positions LTTS as the installation partner, underscores Gatekeeper’s expansion as a global provider of video technology in freight and passenger rail and highlights the growing role of digitization and AI-driven services in making rail infrastructure safer, more reliable and efficient.
The most recent analyst rating on (TSE:GSI) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Gatekeeper Systems stock, see the TSE:GSI Stock Forecast page.
Gatekeeper Systems reported fiscal 2025 revenue of $31.8 million, down from the prior year due to the absence of a one-time $9 million transit contract, but indicated that its underlying business grew about 10% as it expanded deployments of its Mobile Data Collectors and grew subscriptions to its hosted video services. The company posted a $3.0 million comprehensive loss amid higher operating expenses tied to stepped-up investment in sales, engineering, cybersecurity, legal, and project management, but shored up its balance sheet with $25 million in bought-deal financings, maintained significant undrawn credit facilities, and secured $43.8 million in new contracts after year-end, including record transit and school bus video deals with major customers such as New York MTA’s Long Island Rail Road and a leading student transportation provider, positioning it for larger, recurring-revenue opportunities in the transit and school bus markets and laying groundwork for global expansion, including a freight rail project in the Middle East.
The most recent analyst rating on (TSE:GSI) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Gatekeeper Systems stock, see the TSE:GSI Stock Forecast page.
Gatekeeper Systems Inc. has announced a proof-of-concept contract with L&T Technology Services to design and deliver video solutions for freight rail in the Middle East. This collaboration aims to demonstrate Gatekeeper’s compliance with IEEE and FRA standards through the installation of Mobile Data Collectors, external video, and Crash Hardened Memory Modules on two freight locomotives. The partnership with LTTS, a global leader in AI and digital services, is expected to drive innovation in rail systems, enhancing safety, reliability, and efficiency. This initiative could potentially strengthen Gatekeeper’s industry positioning and expand its market reach in the rail sector.
The most recent analyst rating on (TSE:GSI) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Gatekeeper Systems stock, see the TSE:GSI Stock Forecast page.
Gatekeeper Systems Inc. has successfully closed a $13.5 million bought deal private placement, including the full exercise of the over-allotment option. The offering, led by Canaccord Genuity Corp. and Raymond James Ltd., involved the issuance of 6,427,476 common shares at $2.10 per share. The proceeds from this offering will be used to pursue growth opportunities, fund working capital for recently awarded major contracts, and for general corporate purposes. This strategic financial move is expected to bolster Gatekeeper’s operational capabilities and market positioning, subject to final approval from the TSX Venture Exchange.
The most recent analyst rating on (TSE:GSI) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Gatekeeper Systems stock, see the TSE:GSI Stock Forecast page.
Gatekeeper Systems Inc. announced a $10 million bought deal private placement agreement with Canaccord Genuity Corp. and Raymond James Ltd. as co-lead underwriters. The proceeds will be used for growth opportunities, funding working capital for major contracts, and general corporate purposes. The offering, expected to close on November 13, 2025, is subject to regulatory approvals, including from the TSX Venture Exchange. This strategic financial move is anticipated to bolster Gatekeeper’s market position and support its ongoing transformation into a data-centric company.
The most recent analyst rating on (TSE:GSI) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Gatekeeper Systems stock, see the TSE:GSI Stock Forecast page.
Gatekeeper Systems Inc. has announced a $10 million bought deal private placement agreement with Canaccord Genuity Corp. and Raymond James Ltd. as co-lead underwriters. The offering involves 4,800,000 common shares priced at $2.10 each, with proceeds intended for growth opportunities, funding working capital for new contracts, and general corporate purposes. The transaction is expected to close on or about November 13, 2025, pending necessary regulatory approvals. This strategic move aims to bolster Gatekeeper’s market position and operational capabilities, potentially impacting stakeholders positively by enhancing the company’s financial flexibility and capacity for expansion.
The most recent analyst rating on (TSE:GSI) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Gatekeeper Systems stock, see the TSE:GSI Stock Forecast page.
Gatekeeper Systems Inc. has appointed Hamish Dobson, a seasoned security industry executive with extensive experience in video security and access control, to its Board of Directors. Dobson’s expertise in video analytics and product-led growth strategies is expected to bolster Gatekeeper’s PaaS product strategy, enhancing its market position in video and data solutions for school buses, public transit, and smart cities. The appointment includes the granting of 100,000 incentive stock options to Dobson, subject to certain conditions.
The most recent analyst rating on (TSE:GSI) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Gatekeeper Systems stock, see the TSE:GSI Stock Forecast page.