- Gatekeeper Systems (TSXV:GSI), a smart video technology stock, secured a C$620,000 contract with an Ontario transportation agency to supply its Mobile Data Collectors and video systems on transit buses
- The contract brings the company’s transit customer base to more than 60
- Gatekeeper Systems offers intelligent video and data solutions for the transportation industry
- Gatekeeper Systems stock has given back 28.36 per cent year-over-year but remains up by 242.86 per cent since 2020
Gatekeeper Systems (TSXV:GSI), a smart video technology stock, secured a C$620,000 contract with an Ontario transportation agency to supply its Mobile Data Collectors and video systems on transit buses.
The contract, which also includes annually recurring services, brings the company’s transit customer base to more than 60, following:
- Two school bus contracts in Halifax, Nova Scotia.
- A C$955,000 OEM paratransit contract from Coach & Equipment Bus Sales in the U.S.
- A C$3.5 million maintenance and repair contract from the Southeastern Pennsylvania Transportation Authority.
“We are delighted to add another new transit agency to our growing list of transit customers,” Doug Dyment, Gatekeeper’s president and chief executive officer, said in a statement. “We look forward to working together with their team to help protect people in transit.”
Gatekeeper’s multi-bagger return since 2020 is well-deserved and the proof is in its income statements, which detail consistent growth in revenue and gross profitability to date, as well as positive net income over the past three fiscal years.
About Gatekeeper Systems
Gatekeeper offers intelligent video and data solutions for the transportation industry.
Gatekeeper Systems stock (TSXV:GSI) is up by 3.23 per cent on the news trading at C$0.48 per share as of 10:47 am ET. The stock has given back 28.36 per cent year-over-year but remains up by 242.86 per cent since 2020.
Join the discussion: Find out what everybody’s saying about this smart video technology stock on the Gatekeeper Systems Inc. Bullboard and check out the rest of Stockhouse’s stock forums and message boards.
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(Top image: Gatekeeper Systems)
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Latest Bullboard Posts
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The corporate target as we know is $29/u.s/month/per bus. ---I large contract...4 hours ago
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My memory, it seems a large new client got in at $23/mth, but the deal...4 hours ago
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The MDC business model is flawed as the subscription rates chosen has been...5 hours ago
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I don't think the (data centre) or the MDC program are flawed,it seems to be...5 hours ago
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Ramman1, spot on. DD has set the strategic vision for the company as the CEO...6 hours ago
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Really my friend, (Verified123 ) your observation and statement is...18 hours ago
