Added to YB: 2024-05-02
Pitch date: 2024-04-30
GSI.V [neutral]
Gatekeeper Systems Inc.
+192.96%
current return
Author Info
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Company Info
Gatekeeper Systems Inc. designs, manufactures, markets, and sells video security solutions for mobile and transportation environment for children, passengers, and public safety in Canada and the United States.
Market Cap
CAD 246.5M
Pitch Price
CAD 0.71
Price Target
N/A
Dividend
N/A
EV/EBITDA
-765.11
P/E
-104.60
EV/Sales
7.47
Sector
Electronic Equipment, Instruments and Components
Category
value
Gatekeeper Systems $GSI.V (3.75/5)
GSI.V: Q2 rev $9.86M (+1.8% YoY), YTD $19.7M (+35%). Gross margin 51.6% (+450bps). Expenses rose more than rev: G&A +40%, S&M +46%, R&D +23%. Net income -19% QoQ despite similar rev. $4.4M cash, no debt but high A/R & inventory. Potential $40M rev & $9M EBITDA in 2024, 1.5x sales & 7x EV/EBITDA. Value remains but expense control & financial reporting issues are concerns.
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