J’ai ajouté à ma position @0.27$ en prévision du Q4. Devrait sortir le 23 décembre si la tendance se maintient.
Le CEO m’a dit que ce serait vers la fin de cette semaine si je ne m’abuse.
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Surveillance Cameras Coming to Brandon School Buses
Contrat de près de 150 000$ pour installation de caméras pour 43 autobus ainsi que de futurs autobus qui s’ajouteraient au parc.
Sans oublier les revenus de stop-arm ; si on prend une moyenne de 300$/infraction (50% va à GSI) x 0,5/jour x 180 jours scolaires = 13 500$ par autobus
43 autobus x 13 500$ de revenus moyens par autobus -----> 580 500$ de revenus récurrents potentiels
@MathieuMartin est-ce que les calculs sont trop conservateurs selon toi? Selon cet article, au Manitoba les amendes sont de 675$ + 2 points de démérites
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IN MANITOBA, IF YOU ARE CONVICTED OF PASSING A STOPPED SCHOOL BUS THAT HAS ITS STOP ARM(S) EXTENDED AND RED LOADING LIGHTS FLASHING, YOU COULD FACE A FINE OF $673.65 AND DEMERITS!!
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“In Winnipeg we’re seeing on average five violations per bus, per week,” he said. “In the other provinces—Alberta and Saskatchewan combined—they’re coming in at an average of 1.8 violations per bus, per week. So it’s considerably less.”
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Selon ce que j’ai discuté avec le CEO, je crois que ton calcul est bon. C’est conservateur mais je préfère le calculer ainsi.
Je vais vous partager mes notes complètes dès que j’ai une chance. Je suis vraiment débordé cette semaine!
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Bon alors les voici:
- 95% des revenus de Gatekeeper proviennent actuellement des ventes de caméras de surveillance à l’intérieur des autobus. Le reste provient d’autres types de caméras et des revenus de Student Protector, le dispositif permettant d’identifier et d’émettre des tickets d’infractions pour les passages sur des stops d’autobus scolaires.
- L’objectif du management au cours des prochaines années est de croître les ventes de 25% à 40% par année, et de s’assurer que l’entreprise soit profitable sur une base constante.
- L’objectif avec le Student Protector est d’aller chercher 4-5 nouveaux contrats au cours de l’année fiscale 2017, avec un focus sur la Géorgie puisque c’est un état qui est déjà familier avec ce genre de système.
- Il y a présentement 21 projets pilotes en cours avec le Student Protector. Lorsqu’un contrat est signé, Gatekeeper va généralement commencer par équiper 10% de la flotte d’autobus en se concentrant sur les routes les plus payantes au départ.
- Pour équiper 1 autobus, il en coute entre $1,500 et $3,500 dépendant du système requis (les systèmes plus dispendieux couvrent plusieurs voies de circulation). Le temps d’installation et de formation est d’environ 30 à 60 jours.
- Une fois que les caméras sont installées, Gatekeeper doit payer un analyste vidéo pour repérer les infractions, préparer les preuves et les envoyer au bureau du shériff. Les analystes sont souvent des mères au foyer qui ont à coeur la sécurité des enfants et qui sont prêtes à travailler pour un faible salaire (10-12$/h)
- Il y a plusieurs compétiteurs dans ce domaine (American Traffic Solutions, Redflex, Force Multiplier Solutions) mais Gatekeeper désire se forger une niche dans les plus petits marchés, là où les gros joueurs ne sont pas intéréssés à s’introduire.
- Également, le fait que Gatekeeper vend des caméras pour l’intérieur des autobus devient un avantage compétitif puisque cela permet aux petites municipalités de faire affaires avec 1 seul fournisseur, rendant le processus beaucoup plus simple pour eux.
- Le PDG m’a semblé prudent et méthodique dans sa manière de bâtir l’entreprise, ce qui est quelque chose que j’aime bien voir.
J’ai manqué la chance d’acheter à $0.21-$0.22 il y a environ 1 mois parce que j’ai pris trop de temps à faire mes recherches. En ce moment, je ne suis pas assez confortable avec la structure d’actions, qui contient beaucoup de bons de souscription venant à expiration au cours des 7 prochains mois (environ $150k ont été exercé jusqu’à présent). Je serai tenté d’initier une position en dessous de $0.25.
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Est-ce que GSI doit couvrir les coûts des systèmes pour Student Protector?
Selon la présentation aux investisseurs, il est écrit " System provided free of charge and paid for by citation revenue"
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They started with 10% of Jones County’s 85 buses call it 9 buses. These 9 cameras averaged
18 incidents per week. Tickets will be $250 a pop once they start enforcing this fall. That’s
$2,250 per week for GSI and $2,250 for the schools and law enforcement. Those 9 cameras
cost GSI $18,000 to install ($2,000 per bus) so payback is exactly 8 weeks. And payback for the
school happens the moment the first ticket is issued they paid nothing going in.
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C’est d’ailleurs pourquoi le management est méthodique dans la manière de bâtir ce segment de l’entreprise. Le PDG ne veut pas se lancer dans des investissements en CapEx importants pour finalement se retrouver avec des routes peu payantes sur lesquelles le temps de retour est long et le retour sur investissement est faible.
Nouveau contrat pour Gatekeeper Cameras to be installed on BSD school buses C’est la même nouvelle que mentionné par @SimB auparavant
Gatekeeper Systems earns $695,566 in fiscal 2016
2016-12-29 13:11 ET - News Release
Mr. Douglas Dyment reports
GATEKEEPER 2016 REVENUE UP 67%; NET INCOME UP $1.6 MILLION TO $695,000
Gatekeeper Systems Inc. has filed its audited financial statements and management’s discussion and analysis for the fiscal year ended Aug. 31, 2016, available for viewing on SEDAR.
Financial Highlights
-. Revenues in fiscal 2016 increased 67% to $9,899,875 from $5,943,773 in fiscal 2015; -. Net income for the fiscal year end 2016 was $695,566 compared to a loss of $920,796 during fiscal 2015; -. Revenue during the three months ended August 31, 2016 increased 67% to $4,114,960 compared to $2,468,209 during the three months ended August 31, 2015; -. Gross profit during the three months ended August 31, 2016 increased 86% to $2,170,440 from $1,168,984 during the three months ended August 31, 2015; -. Gross margin as a percentage of revenue in fiscal 2016 improved to 51%, compared to 45% in fiscal 2015, representing a 13% increase; -. As of August 31, 2016, the Company had cash and cash equivalents of $898,331 and working capital of $3,358,577; and -. EBITDA for the three months and fiscal year end August 31, 2016 were $916,705 and $779,940, respectively.
BUSINESS UPDATE
During the fourth quarter, the following notable events occurred: -. Secured $1.5 million USD non-dilutive credit facility; -. Issued first citation under five-year revenue sharing contract with Jones County, GA; -. Increased total number of cameras shipped by 65% compared to same period 2015; -. Increased total number of mobile digital recorders shipped by 41% compared to same period 2015; -. Stop-arm camera evaluation sites increased to 21 representing approximately 1,693 buses; -. Continued product development activity, completing several new features in its base incident management software; -. Finalized the design and commercialization plan for a multilane license-plate-reading system for its stop-arm camera business; -. Completed new features for Traffic Infraction Management System cloud software (" TIMS TM "); and -. Launched stop-arm camera test programs in Washington and Illinois.
The Company’s base business continued to drive sales in the fourth fiscal quarter reaching a record level of over $4.1 million. The sales increase is primarily due to an increase in camera sales and mobile digital recorders of 65% and 41%, respectively, compared to the same period in fiscal 2015. The Company also increased the number of wireless systems shipped with its unique Autowake™ feature from 197 during fiscal 2015 to 445 during fiscal 2016, representing a 126% increase.
Stop-arm camera evaluation sites increased from sixteen to twenty-one over the last quarter, involving 1,693 buses owned by various school districts. Gatekeeper is working with school districts, law enforcement, and judicial systems to complete the evaluation phase on these sites and progress to commercial implementation, ideally in the form of revenue-sharing arrangements. The Company executed on its first five-year revenue sharing contract (the " Contract ") in the stop-arm camera business with Jones County School District in Georgia. Equipment was installed April 16 th and 17 th , 2016 with a Press Day on April 27 th , 2016. Pursuant to the Contract, Gatekeeper will receive 50% of the revenue from each citation issued with 25% shared with the school district and 25% shared with Jones County. Stop-arm violation fines in Georgia are $300 USD for first time offence, $750 USD for second time offence and $1,000 USD for third time offence. The Company issued its first citation prior to school ending for summer break, and anticipates receiving proceeds from ticket citations during the current fiscal year. There are an estimated 13 to 15 million stop-arm violations in the United States with legislations now passed in thirteen States that allow video enforcement technology to be used to issue citations. PRODUCT NEWS
During the year ended August 31, 2016 the engineering team completed the following:
-. Blur Tracking - The Company launched an industry first by adding Blur Tracking in Gatekeeper’s G4 Viewer Plus video viewing application. This feature allows users to dynamically move blur areas in video to protect the privacy of bystanders who are not involved but still captured in the video. -. Integration with Routing and Scheduling - The Company produced software that allowed the integration of real-time location and sensor data to 3rd party Routing and Scheduling software. This allow customers to realize additional value from the MDVR system as they can now compare actual routes to planned routes and increase the efficiency of their fleets. -. Body cameras - Completed the integration of DOC-N-GO to 3rd party back-end video storage system. -. G4 Connect - Released Android application (available on the Google Play Store) that allows customers to plug portable USB WiFi dongles into a DVR and then modify a DVR’s configuration, view previously recorded video and download target video. -. TIMS™ - In support of the Stop Arm business, TIMS™ (Traffic Infraction Management System) functionality continued to grow including the ability to add customers in new jurisdictions. -. SP 422 Stop Arm Camera - A new Stop Arm Camera Pod, SP 422 was released to market. This camera pod captures the license plates of vehicles passing a school bus in multiple lanes. Video motion detection was added to the DVR to reduce the number of stop arm events that an analyst needed to review. -. In-house Hosting Infrastructure for TIMS™ Cloud Based Incident Processing was expanded to facilitate the support of multiple customers and TIMS™ was moved behind a 3rd party content delivery network to provide intrusion prevention and mitigate potential DDOS attacks. MOVING AHEAD The Company continues to plan for expanding sales in multiple markets including the stop-arm camera and law enforcement markets, as well as the transition of analog cameras to high-definition. To date, Gatekeeper has been working on the following initiatives: -. Working with strategic software and alliance partners to build Gatekeeper brands in its base business as well as other mobile markets; -. Executing on revenue sharing programs with Gatekeeper’s stop-arm cameras and Traffic Infraction Management software TIMS™; -. Transitioning stop-arm camera evaluation projects to revenue sharing contracts; and -. Expanding distribution of Gatekeeper’s high-definition products in the Company’s base business. Doug Dyment, President and CEO commented, “We are extremely pleased with the financial results in 2016 as Gatekeeper gains momentum in our base business while strategically increasing sales in new mobile video markets. Our plan is to continue to drive profitability in our base business while increasing top line growth as well as transitioning a portion of the business to recurring revenue. During the fourth quarter, we realized a record sales level of over $4 million which I directly attribute to the efforts of all Gatekeeper employees who have showed a strong commitment to the Company for many years. On behalf of management and our shareholders, I thank them for their efforts and look forward to growing the Company together.”
Summary of Financial Results and Information
Consolidated Statement of Operations
For the years ended
August 31, 2016August 31, 2015
Revenue $ 9,899,875 $ 5,943,773
Cost of Sales $ 4,848,332 $ 3,250,899
Gross Profit $ 5,051,543 $ 2,692,874
Gross Margin 51% 45%
Expenses $ 4,243,305 $ 3,740,182
Operating Income (Loss) $ 808,238 $ (1,047,308)
Net Income (Loss) for the year $ 695,566 $ (920,796)
Earnings (Loss) per share -
Basic $ 0.01 $ (0.02)
Diluted $ 0.01 $ (0.02)
Financial Reports
Full details of the financial reports and operating results for the fiscal year 2016 are described in the Company’s consolidated financial statements with accompanying notes and related Management’s Discussion and Analysis. These documents and additional information on Gatekeeper are available on SEDAR at www.sedar.com
We seek Safe Harbor.
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Environ 8M de bons de souscription viennent à expiration en février, mars et juillet 2017. Cela retiendra possiblement le titre même si la compagnie affiche de bons résultats mais je suis content d’ajouter à ma position à ces prix-là.
Ajouté à ma position aujourd’hui @0,235$
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Gatekeeper Achieves 43% Revenue and 31% Gross Profit Increase in First Quarter
Résultats du Q1 disponibles sur sedar.
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Gatekeeper Systems Chosen as Top 50 TSX Venture Winner for 2017
ABBOTSFORD, BC, Feb. 1, 2017 /CNW/ - Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX.V: GSI; OTC: GKPRF; FSE: 1GK) is pleased to announce that it has been notified by the TSX Venture Exchange (the “TSXV”) that it has achieved a ranking in the 2017 TSX Venture 50®. Gatekeeper has ranked 5th in the Technology sector.
edit : le classement se base sur le volume de trading et l’appréciation de la capitalisation boursière et prix du titre. Veut pas dire grand chose autre qu’il y a un certain intérêt du marché envers GSI.
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Un document de 22 pages datant du 13 janvier 2017 sur l’entente entre GSI et le Lumpkin county school district :
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School bus stop arm cameras show prevalent problem
CLARKESVILLE — Habersham County recently marked 25 school days since installing school bus stop arm cameras.
In that time, more than three dozen incidents of vehicles passing stopped school buses were referred to law enforcement.
“Habersham has had 37 violations in 25 school days, which averages out to 1.5 violations per day,” said Katie Sharkey of Gatekeeper Systems Inc., the company providing the cameras to the school system…
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Gatekeeper Systems Announces Non-Brokered Private
Placement Units Offering
Abbotsford, BC April 3rd, 2017 - Gatekeeper Systems Inc. (“Gatekeeper” or the
“Company”) (TSX.V: GSI; OTC: GKPRF) announces that it plans to conduct a non-brokered
private placement offering (the “Offering”) of up to 10,000,000 units (the “Units”) at a price of
$0.20 per Unit for gross proceeds of up to $2,000,000.
Each Unit will consist of one common share and one-half share purchase warrant (each whole
share purchase warrant a “Warrant”), with each whole Warrant exercisable at $0.30 for a period
of 24 months from the date of closing. Should the stock price trade over $0.40 per share for ten
consecutive trading days, the Company will have the right to accelerate the expiry of the
Warrants by giving notice to the holders of the Warrants by news release that the Warrants will
expire on the date that is not less than 30 days from the date notice is given.
The Company plans to use the gross proceeds of the Offering for expansion of sales, its stop
arm camera business, marketing and operations staff, and general working capital.
Quelqu’un a une idée pourquoi GSI a perdu 11% sur du gros volume ?
L’annonce du PP oversubscribed serait perçu négativement ?