Xtract One (XTRA) AI Stock Analysis

• Market Cap: C$120.13M
• Dividend Yield: N/A
• Average Volume (3M): 121.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.70
• Revenue Growth: 99.88%
• EPS Growth: 28.72%
• Country: CA
• Employees: 69
• Sector: Technology
• Sector Strength: 83
• Industry: Software - Application
• EPS (TTM): -0.02
• Shares Outstanding: 218,426,990
• 10 Day Avg. Volume: 150,725
• 30 Day Avg. Volume: 121,186
• PEG Ratio: -0.73
• Price to Book (P/B): 8.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$0.90
• Price Target Upside: 63.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 60 Neutral
• Price Target: C$0.50 ▼(-9.09%Downside)

Xtract One's stock score is driven by strong technical momentum and positive corporate events, indicating future growth potential. However, significant profitability and cash flow challenges weigh heavily, along with valuation concerns due to negative earnings. The earnings call provided a positive outlook, but risks related to revenue timing and tariffs are notable.

Positive Factors

Contract Value

The total contract value of new bookings signed in the quarter was a record C$13.5M, compared to just C$5.1M in the year-ago period.

Market Expansion

Demand is no longer limited to the sports and entertainment space, but now includes other verticals such as manufacturing, healthcare, and education.

Negative Factors

Revenue Estimate

The company has adjusted its FY25 revenue estimate downwards, resulting in a reduced price target from C$1.50 to C$1.00.

Revenue Growth

Revenue growth was lower than expected due to a lighter pace of new bookings and timing issues.

Xtract One Business Overview & Revenue Model

Company Description

Xtract One Technologies Inc. engages in the research, development, and commercialization of threat detection solutions worldwide. It operates through Patriot and Xtract segments. The Patriot segment develops and commercializes a platform of artificial intelligence (AI) powered threat detection technologies. The Xtract segment develops and commercializes AI solutions. The company's products include PATSCAN VRS Video Recognition Software that combines digital cameras and artificial intelligence to automate the detection of visible weapon threats, fights, and health and safety issues; and PATSCAN Multi-Sensor Gateway, an autonomous detection system that detects threats on individuals carrying concealed guns, knives, or related threat objects into secured private or public spaces, and can be installed at schools, stadiums, concert halls, shopping centers, and other entryways into private, public, or secured buildings. It also develops PATSCAN Cognitive Microwave Radar (CMR), a system to detect concealed guns and knives utilizing microwave radar technology coupled with custom machine learning/AI software. The company was formerly known as Patriot One Technologies Inc. and changed its name to Xtract One Technologies Inc. in December 2022. Xtract One Technologies Inc. was founded in 2016 and is headquartered in Toronto, Canada.

How the Company Makes Money

Xtract One makes money primarily through the sale and licensing of its proprietary security technologies and solutions. The company's revenue model includes direct sales of hardware and software products, subscription fees for ongoing access to its cloud-based security management platforms, and service fees for system maintenance and support. Additionally, Xtract One may form strategic partnerships with other technology providers and security firms to expand its market reach and enhance its product offerings. These partnerships can lead to joint ventures or revenue-sharing agreements that further contribute to the company's earnings.

Xtract One Financial Statement Overview

Summary

Xtract One demonstrates strong revenue growth, but profitability and cash flow remain significant challenges, with negative net income and EBIT margins. Despite a solid equity position, increasing debt levels and negative cash flows highlight potential financial stability issues.

Income Statement

Xtract One has shown a consistent increase in revenue over the years, with a notable growth from 2023 to TTM 2025. However, the company continues to operate at a loss, with negative EBIT and net income margins indicating challenges in profitability. The gross profit margin remains relatively healthy, but the inability to convert this into net profits is a concern.

Balance Sheet

The company maintains a strong equity position relative to its total assets, indicating a solid capital structure. However, the debt-to-equity ratio has increased, pointing to a rising reliance on debt. The ROE is negative due to ongoing losses, suggesting that despite the equity strength, profitability remains a significant issue.

Cash Flow

Xtract One's cash flow situation is challenging, with negative operating and free cash flows indicating that the company is consuming more cash than it's generating. The free cash flow to net income ratio is unfavorable due to persistent losses. The company relies heavily on financing activities to cover its cash shortfall.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
17.36M	16.36M	4.11M	3.62M	1.08M	2.07M
	Gross Profit
10.77M	10.26M	2.38M	3.34M	1.05M	1.88M
	EBIT
-10.56M	-11.35M	-16.50M	-39.92M	12.78M	23.39M
	EBITDA
-7.92M	-8.96M	-14.24M	-13.04M	-11.45M	-20.62M
	Net Income Common Stockholders
-10.33M	-11.06M	-16.34M	-39.72M	-16.56M	-25.13M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.12M	8.63M	8.33M	6.28M	9.65M	26.43M
	Total Assets
23.70M	24.94M	19.00M	18.06M	49.40M	66.01M
	Total Debt
1.19M	380.93K	356.84K	677.28K	985.92K	1.01M
	Net Debt
-4.93M	-8.25M	-7.97M	-5.60M	-8.67M	-21.39M
	Total Liabilities
11.95M	10.97M	4.26M	3.51M	2.56M	3.79M
	Stockholders Equity
11.74M	13.97M	14.74M	14.55M	46.84M	62.22M
Cash Flow		Free Cash Flow
-7.16M	-8.57M	-13.57M	-9.37M	-12.26M	-18.70M
	Operating Cash Flow
-6.31M	-8.14M	-13.54M	-9.27M	-11.69M	-17.57M
	Investing Cash Flow
-1.27M	-429.75K	364.46K	-95.76K	-544.96K	-10.96M
	Financing Cash Flow
8.84M	8.87M	15.22M	5.99M	-514.96K	301.40K

Xtract One Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:XTRA, the sentiment is Positive. The current price of 0.55 is above the 20-day moving average (MA) of 0.45, above the 50-day MA of 0.43, and above the 200-day MA of 0.54, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 77.67 is Negative, neither overbought nor oversold. The STOCH value of 83.94 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:XTRA.

Xtract One Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NCI	81 Outperform	C$106.83M	10.91	135.14%	―	92.08%	100.09%
QIS	70 Outperform	C$64.78M	44.00	5.09%	―	-0.92%	-23.37%
Sector *	62 Neutral	$11.75B	10.58	-7.10%	2.91%	7.47%	-7.95%
XTRA	60 Neutral	C$120.13M	―	-107.94%	―	99.88%	28.72%
MHUB	57 Neutral	C$37.28M	―	-244.21%	―	51.52%	50.73%
IMP	55 Neutral	C$139.72M	37.00	59.35%	―	253.50%	―
ABXX	49 Neutral	C$61.56M	―	-90.88%	―	349.56%	-928.83%

Xtract One Corporate Events

Xtract One Technologies Prepares to Launch Innovative Security Platform

Xtract One Technologies announced that its new security platform, Xtract One Gateway, is set to begin shipping in July, with orders valued at approximately $6.7 million. The system, which has been certified in the U.S. and Canada, is designed to streamline security checks by unobtrusively scanning individuals and their belongings for potential threats while distinguishing harmless items. The strong market response and rising demand indicate a positive impact on the company’s operations and industry positioning, as it continues to engage with customers across various sectors.

The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.

Xtract One Technologies to Announce Q3 Fiscal 2025 Results

Xtract One Technologies announced the release of its fiscal 2025 third quarter results, scheduled for June 5, 2025. The company will host a webcast and conference call on June 6, 2025, led by CEO Peter Evans and CFO Karen Hersh, to discuss the financial results and provide a business outlook. This announcement highlights Xtract One’s commitment to transparency and its strategic focus on leveraging AI for security solutions, potentially reinforcing its market position and stakeholder confidence.

The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.

Xtract One Partners with Colorado Rockies to Enhance Stadium Security

Xtract One Technologies has partnered with the Colorado Rockies to implement its SmartGateway system at Coors Field, aiming to enhance fan safety and streamline entry processes. This deployment replaces traditional metal detectors, allowing faster and more efficient security checks, and aligns with the Rockies’ mission to improve game-day experiences. The SmartGateway system uses AI-powered sensors to unobtrusively scan patrons, reducing wait times and providing proactive security insights, thus positioning Xtract One as a leader in modern stadium security solutions.

The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.

Xtract One Partners with Colorado Rockies to Enhance Stadium Security with SmartGateway

Xtract One Technologies has partnered with Major League Baseball’s Colorado Rockies to deploy its SmartGateway system at Coors Field. This collaboration aims to enhance stadium security by introducing a frictionless, AI-powered screening process that significantly reduces wait times and improves the overall game-day experience for fans. The deployment of SmartGateway aligns with the Rockies’ commitment to integrity and quality, offering a proactive security solution that unobtrusively scans patrons and detects threats without compromising privacy.

The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.

Xtract One Secures Global Agreement for AI-Powered Security Solutions

Xtract One Technologies has entered a Master Supply Agreement with a global media and entertainment organization to deploy its SmartGateway security screening solution. This agreement marks a significant step for Xtract One, as its AI-powered technology will be used to enhance security across the entertainment company’s venues worldwide, starting with a location in Asia. The SmartGateway’s ability to provide fast, reliable, and accurate patron screening sets a new standard in the industry, offering a proactive approach to security that maintains guest privacy and reduces wait times.

The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.

Xtract One Achieves Record Backlog and Strong Growth in Q2 Fiscal 2025

Xtract One Technologies reported strong fiscal second quarter results, with a record total backlog of $37.2 million and a gross margin of 70%. The company achieved its highest-ever quarterly bookings of $13.5 million, reflecting significant revenue growth and strategic market diversification. Despite deployment timing challenges, Xtract One is optimistic about its outlook for the remainder of fiscal 2025, driven by new contract wins and growing interest in its Gateway solution.