Xtract One (XTRA) AI Stock Analysis

• Market Cap: C$72.08M
• Dividend Yield: N/A
• Average Volume (3M): 295.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.69
• Revenue Growth: 29.22%
• EPS Growth: 18.54%
• Country: CA
• Employees: 69
• Sector: Technology
• Sector Strength: 89
• Industry: Software - Application
• EPS (TTM): -0.02
• Shares Outstanding: 218,426,990
• 10 Day Avg. Volume: 473,582
• 30 Day Avg. Volume: 295,192
• PEG Ratio: 0.13
• Price to Book (P/B): 9.59
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.42
• 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: 143.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 47 Neutral
• Price Target: C$0.50 ▲(35.14%Upside)

The overall stock score reflects significant profitability and cash flow challenges despite revenue growth. Bearish technical indicators and a poor valuation further weigh on the score, while positive corporate events provide some optimism.

Positive Factors

Contractual Backlog

A growing contractual backlog, now C$15.4M versus C$13.8M in the year ago period, should drive longer-term optimism.

Product Certification

The company's new Xtract One Gateway has been certified in the U.S. and Canada and is expected to begin shipping soon, which is anticipated to have an immediate impact on revenue.

Negative Factors

Operational Loss

The company reported a loss from operations of C$3.1M versus an estimated C$2.2M loss, suggesting weaker than modeled adj. EBITDA.

Revenue Performance

Lower than expected revenue during the quarter was largely driven by deployment delays, resulting in a revenue miss.

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 shows revenue growth but faces significant profitability and cash flow challenges. The company operates at a loss with negative EBIT and net income margins, and relies on financing to cover cash shortfalls.

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
EBITDA	-7.92M	-8.96M	-14.24M	-13.04M	-11.45M	-20.62M
Net Income	-10.33M	-11.06M	-16.34M	-39.72M	-16.56M	-25.13M
Balance Sheet
Total Assets	21.29M	24.94M	19.00M	18.06M	49.40M	66.01M
Cash, Cash Equivalents and Short-Term Investments	5.43M	8.63M	8.33M	6.28M	9.65M	26.43M
Total Debt	1.12M	380.93K	356.84K	677.28K	985.92K	1.01M
Total Liabilities	11.41M	10.97M	4.26M	3.51M	2.56M	3.79M
Stockholders Equity	9.88M	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: Negative
• Last Price: 0.37
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:XTRA, the sentiment is Negative. The current price of 0.37 is below the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.41, and below the 200-day MA of 0.52, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 44.57 is Neutral, neither overbought nor oversold. The STOCH value of 40.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:XTRA.

Xtract One Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NCI	76 Outperform	C$97.79M	9.84	135.14%	―	92.08%	100.09%
QIS	64 Neutral	C$55.97M	37.00	5.09%	―	-0.92%	-23.37%
Sector *	63 Neutral	$32.90B	6.03	-11.70%	1.95%	5.55%	-19.87%
MHUB	57 Neutral	C$37.72M	―	-244.21%	―	51.52%	50.73%
IMP	55 Neutral	C$131.49M	35.86	59.35%	―	253.50%	―
ABXX	49 Neutral	C$61.56M	―	-90.88%	―	349.56%	-928.83%
XTRA	47 Neutral	C$72.08M	―	-99.03%	―	29.22%	18.54%

Xtract One Corporate Events

Xtract One’s SmartGateway Enhances Security at San Mateo Medical Center

Xtract One Technologies has been chosen by San Mateo Medical Center in California to deploy its SmartGateway system, enhancing security with AI-powered weapon detection. This initiative aligns with California’s new mandate for hospital weapons detection, aiming to improve safety and reduce disruptions, thereby positioning San Mateo Medical Center as a proactive leader in healthcare security.

The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.

Xtract One Secures $8M in Public Offering to Enhance Operations

Xtract One Technologies has successfully closed an $8 million bought deal public offering, with full exercise of the over-allotment option. The proceeds from this offering will be used for working capital and general corporate purposes, potentially strengthening the company’s operational capabilities and market position in the security solutions industry.

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 Announces $7 Million Public Offering to Boost AI Security Solutions

Xtract One Technologies Inc. has announced a $7 million ‘bought deal’ public offering, with Ventum Capital Markets agreeing to purchase 18 million units at $0.39 per unit. The proceeds will be used for working capital and general corporate purposes, and the offering is expected to close around June 18, 2025, subject to regulatory approvals. This move is poised to bolster Xtract One’s financial position, allowing further investment in their AI-driven security solutions, potentially enhancing their market leadership in threat detection.

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 Reports Q3 Fiscal 2025 Results, Prepares for Growth

Xtract One Technologies reported its fiscal third quarter results, highlighting a decrease in revenue to $3.5 million compared to the previous year, attributed to delayed deployments. Despite this, the company maintains a strong contractual backlog and is optimistic about future growth, especially with the upcoming shipment of its newly certified Xtract One Gateway platform. The company has secured significant orders and partnerships, including with the Colorado Rockies, positioning it well for the remainder of the fiscal year.

The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.

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.