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Xtract One ( (TSE:XTRA) ) has issued an update.
Xtract One Technologies reported its fiscal 2025 results, highlighting a significant backlog of nearly $50 million and expectations for revenue acceleration in fiscal 2026. Despite a revenue shortfall due to timing and manufacturing challenges, the company experienced strong demand for its Xtract One Gateway, with total bookings of $13.1 million from nine new customers across various sectors. The company anticipates a bright future with the successful commercial deployment of its Gateway, aiming for fiscal 2026 to be its best year yet.
The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.
Spark’s Take on TSE:XTRA Stock
According to Spark, TipRanks’ AI Analyst, TSE:XTRA is a Neutral.
Xtract One’s stock score is primarily influenced by its financial performance challenges, including ongoing losses and cash flow issues. However, positive technical indicators and a promising outlook from the earnings call, including strong backlog and market expansion, provide some optimism. Valuation concerns due to negative earnings weigh down the overall score.
To see Spark’s full report on TSE:XTRA stock, click here.
More about Xtract One
Xtract One Technologies is a leading provider of technology-driven threat detection and security solutions that utilize AI to ensure seamless and secure patron access control.
Average Trading Volume: 376,512
Technical Sentiment Signal: Buy
Current Market Cap: C$160.2M
See more insights into XTRA stock on TipRanks’ Stock Analysis page.