Gatekeeper Systems: The Massive Q1 Revenue Jump
FULL DISCLOSURE: The Deep Dive is long the equity of Gatekeeper Systems.
In our latest interview, Doug Dyment, CEO of Gatekeeper Systems Inc. (TSXV: GSI), sits down with Small Cap Steve to discuss the company’s recent quarter, which demonstrated 101% revenue growth compared to the previous year.
The strong growth is attributed to Gatekeeper’s innovative platform-as-a-service model, increasing revenue per vehicle, and adapting to the wireless trend. Dyment also emphasizes the role of artificial intelligence in its systems, which detect vandalized cameras, before providing insight on upcoming features.
READ: Market Movers: Gatekeeper Jumps 30% After Posting $2.3 Million In Net Income For Q1 2024
Anticipating a strong 2024, Dyment closes out the interview by underscores Gatekeeper’s commitment to innovation and responsible financial management.
“Q1, yeah thats great, great to get the applause in Q1. But that’s behind us. [..] We’re moving on to Q2, Q3, and Q4, and I’ve got visibility to what the year looks like already. I would say to investors [to] expect Gatekeeper to grow. That’s our plan here. To continue to innovate. Continue to bring new products to market. Grow our business on the recurring revenue side, light up more mobile data collectors.”
FULL DISCLOSURE: Canacom Group, the parent company of The Deep Dive is long the equity of Gatekeeper Systems. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
