Gatekeeper Systems Inc.
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Mining stocks dominate TSX Venture 50 list amid rotation into resource sector
Investment Executive· 2026-02-18 16:48
Forty-eight mining companies made it onto the list.“The Venture 50 list this year really does reflect the global interest in mining and this entrance into a commodity super cycle,” said Robert Peterman, chief commercial officer at TSX & Global Capital Formation, in an interview.The list is an annual ranking of top-performing companies on Canada’s main venture exchange across three equally weighted indicators: market capitalization growth, share price appreciation and Canadian consolidated trading value.Two ...
Gatekeeper Announces $820,000 in School Bus Video Upgrades and Subscriptions Contracts
Thenewswire· 2026-02-04 13:00
Core Insights - Gatekeeper Systems Inc. has announced contracts worth approximately US$600,000 (around C$820,000) for school bus video and subscription services in Georgia and California [1] Group 1: Georgia Contract - An existing school district in Georgia is upgrading its entire fleet, replacing Mobile Data Collectors and interior video systems, valued at approximately US$350,000 [2] - The upgrade will enhance the number of video devices per bus, increase video resolution, and provide additional video storage capacity [2] - The customer's existing video management and storage subscriptions will remain active [2] Group 2: California Contract - In California, another existing school district is upgrading its internal and external video systems and subscribing to the Health Check service for system monitoring, valued at approximately US$250,000 [3] - This contract includes prepayment for five years of monthly recurring Health Check subscriptions [3] Group 3: Company Overview - Gatekeeper is a leading provider of video and data solutions aimed at enhancing safety in transportation for children, passengers, and drivers [4] - The company has served over 60 transit agencies and 3,500 school districts across North America, installing more than 65,000 Mobile Data Collectors that record video and data from over 200,000 onboard devices daily [4] - Gatekeeper's hosted software applications utilize AI-assisted video analytics for incident management and storage, with a business model centered around its Mobile Data Collectors [4]
Gatekeeper Reports $6M Revenue in Fiscal Q1 2026
TMX Newsfile· 2026-01-29 21:15
Core Insights - Gatekeeper Systems Inc. reported significant contract wins and financial results for Q1 2026, highlighting a strong growth trajectory in both transit and school bus segments [3][4][5]. Business Highlights - The company secured its largest-ever contracts in transit and school bus segments, including a $27 million contract with New York MTA's Long Island Rail Road and a $9.3 million contract in California for school bus video solutions [3][4][5]. - Approximately $35 million in new contracts were announced in the transit segment, while around $11 million in new contracts were reported in the school bus segment during the quarter and subsequent to the quarter end [4][5]. - The company raised $13.5 million in a bought deal financing, enhancing its financial position to support large contracts [6]. Financial Performance - Revenue for Q1 2026 was $5.9 million, a decrease from $7.3 million in the same period last year [8][9]. - Gross profit for the quarter was $2.7 million, down from $3.2 million year-over-year, with a gross margin of 45%, up from 43% in the prior year [8][9]. - Operating expenses increased to $4.3 million from $3.1 million in the previous year, resulting in a comprehensive loss of $0.8 million compared to a profit of $0.6 million in the prior year [8][9]. - As of November 30, 2025, the company had working capital of $35 million, including cash of $18 million, and total assets of $42.0 million [8][9].
Gatekeeper Announces Canadian OEM School Bus Video and Subscriptions Contract for 175 Buses
Thenewswire· 2026-01-22 13:00
Core Insights - Gatekeeper Systems Inc. has secured a school bus video contract with a Canadian bus manufacturer and a subscription contract with a student transportation provider [1][2] - The contract involves equipping approximately 175 school buses with interior video systems and Mobile Data Collectors, along with a subscription to the company's video management software [2] - The total value of the contract is approximately C$575,000, in addition to ongoing monthly-recurring subscriptions [2] Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions aimed at enhancing safety in transportation for children, passengers, and drivers [4] - The company has provided solutions to over 60 transit agencies and 3,500 school districts across North America, with more than 65,000 Mobile Data Collectors installed [4] - Gatekeeper's software applications utilize AI-assisted video analytics for incident management and storage, supporting its Platform-as-a-Service (PaaS) business model [4]
Gatekeeper Commences $27M LIRR Project, Provides Anticipated Revenue Schedule
TMX Newsfile· 2026-01-20 21:15
Abbotsford, British Columbia--(Newsfile Corp. - January 20, 2026) - Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF) ("Gatekeeper" or the "Company"), a leader in video and data solutions for school buses, public transit and smart cities, announces the Company has commenced work on its previously-announced US$19.55 million (C$27 million) FRA transit video project with New York Metropolitan Transportation Authority's Long Island Rail Road (the "Project"). The Company anticipates that revenue relating to ...
Gatekeeper Announces School Bus Video and Subscriptions Contract in California
Thenewswire· 2026-01-15 13:00
Core Insights - Gatekeeper Systems Inc. has secured a contract to provide video and data solutions for over 100 school buses in California, enhancing safety and operational efficiency in student transportation [1][2]. Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions aimed at improving safety for children, passengers, and drivers in public transportation [3]. - The company has established a significant presence in North America, serving over 60 transit agencies and 3,500 school districts, with more than 65,000 Mobile Data Collectors installed [3]. - Gatekeeper's business model is based on a Platform-as-a-Service (PaaS) approach, focusing on Mobile Data Collectors that facilitate AI-assisted video analytics for incident management and storage [3]. Contract Details - The contract is valued at approximately US$264,000 (around C$370,000) and includes monthly recurring subscriptions for video management software [2]. - The contract involves collaboration with an electric school bus manufacturer, indicating a shift towards sustainable transportation solutions [2].
Gatekeeper Reports $31.8M Revenue in Fiscal 2025
TMX Newsfile· 2025-12-29 21:48
Core Insights - Gatekeeper Systems Inc. reported its audited financial results for the fourth quarter and fiscal year ended August 31, 2025, highlighting a transformational year with strategic investments to pursue larger contracts and customers [1][3]. Fiscal 2025 and Recent Business Highlights - The company made significant investments in engineering, cybersecurity, and project management, which facilitated winning its largest-ever transit contract with North America's largest transit agency and a major school bus contract [3][4]. - Gatekeeper expanded its sales team and attended 66 industry trade shows, focusing on monthly-recurring hosted services, resulting in 4,000 Mobile Data Collectors (MDCs) connected to the data center by August 31, 2025 [3][4]. Financial Performance - Revenue for the fiscal year ended August 31, 2025, was $31.8 million, a decrease from $37.8 million in the prior fiscal year, primarily due to the absence of a large $9 million transit contract from the previous year; excluding this, regular business grew approximately 10% [6][7]. - Gross profit for the fiscal year was $13.1 million, with a gross margin of 41%, down from 46% in the prior year [6][7]. - Operating expenses increased to $16.9 million from $13.0 million in the previous year, leading to a total comprehensive loss of $3.0 million compared to a profit of $1.9 million in the prior year [6][7]. Business Development - The company announced $43.8 million in new business contracts after August 31, 2025, including a $27 million transit video contract with New York MTA's Long Island Rail Road and a $9.3 million school bus video contract [7]. - Approximately 8,000 MDCs were installed during the fiscal year, bringing total installations to around 65,000, with 4,000 subscriptions for video management and hosted services since the launch of the data center in February 2024 [7]. Financial Position - As of August 31, 2025, the company had working capital of $23.6 million, including cash of $14.8 million, and completed a financing generating gross proceeds of $13.5 million [7]. - The company also has a $6 million Credit Facility and a $7.5 million Letter of Credit Facility with TD Bank, both undrawn as of August 31, 2025 [7].
Gatekeeper Announces Closing of Its $13.5 Million Bought Deal Private Placement, Including Full Exercise of Over-Allotment Option
Newsfile· 2025-11-13 13:42
Core Points - Gatekeeper Systems Inc. has successfully closed a brokered private placement, raising a total of $13.5 million through the issuance of 6,427,476 common shares at a price of $2.10 per share, including the full exercise of the over-allotment option [1][3] - The net proceeds from the offering will be utilized for growth opportunities, working capital for major contracts, and general corporate purposes [3] Group 1 - The offering was conducted under the "listed issuer financing" exemption, allowing it to proceed without a prospectus in Canada and other jurisdictions [2] - Canaccord Genuity Corp. and Raymond James Ltd. acted as co-lead underwriters for the offering, receiving a cash commission of $809,862, which is 6.0% of the gross proceeds [3] Group 2 - Gatekeeper Systems Inc. specializes in video and data solutions for transportation safety, having served over 60 transit agencies and 3,500 school districts in North America [5] - The company has installed more than 65,000 Mobile Data Collectors, which record video and data from over 200,000 onboard devices, facilitating AI-assisted video analytics [5]
Gatekeeper Announces $10 Million Bought Deal Private Placement
Globenewswire· 2025-11-05 22:08
Core Viewpoint - Gatekeeper Systems Inc. has launched a "bought deal" private placement of 4,800,000 common shares at a price of $2.10 per share, aiming to raise gross proceeds of $10,080,000 to support growth opportunities and working capital needs [1][4]. Group 1: Offering Details - The private placement will be conducted under the "listed issuer financing" exemption in Canada and will also comply with U.S. Securities Act exemptions [2]. - The net proceeds from the offering will be allocated for growth opportunities, funding working capital for major contracts, and general corporate purposes [4]. - The company will pay a cash commission of 6.0% on the gross proceeds to the co-lead underwriters and grant them an option to purchase an additional 1,627,476 shares [5]. Group 2: Timeline and Regulatory Approvals - The offering is expected to close on or about November 13, 2025, pending necessary regulatory approvals, including from the TSX Venture Exchange [6]. Group 3: Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions for transportation safety, serving over 60 transit agencies and 3,500 school districts in North America [8]. - The company has installed more than 65,000 Mobile Data Collectors, which record video and data from over 200,000 onboard devices, facilitating AI-assisted video analytics [8].
Gatekeeper Appoints Security Industry Executive, Hamish Dobson, to Board of Directors
Newsfile· 2025-11-04 13:00
Core Insights - Gatekeeper Systems Inc. has appointed Hamish Dobson as an independent director to its Board of Directors, bringing extensive experience in the security industry [1][2][3] Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions aimed at enhancing safety in transportation for children, passengers, and drivers [4] - The company has provided solutions to over 60 transit agencies and 3,500 school districts across North America, with more than 63,000 Mobile Data Collectors installed [4] - Gatekeeper's business model is centered around a Platform-as-a-Service (PaaS) approach, leveraging Mobile Data Collectors for data transformation [4] Leadership Appointment - Hamish Dobson previously held senior leadership roles at Motorola Solutions and Avigilon, focusing on engineering and product management [2] - As Corporate Vice President at Motorola Solutions, he led a global engineering team delivering AI-powered physical security solutions [2] - The company has granted Mr. Dobson 100,000 incentive stock options, exercisable at $2.53 for a term of five years, subject to vesting conditions and TSX Venture Exchange approval [3]