Overview

* Canada's Xtract One ( XTRAF ) fiscal 2025 revenue falls short due to timing of product deployment

* Security solutions company reports record backlog of nearly C$50 mln, boosting 2026 outlook

* Fiscal 2025 gross margin improves to 66% from 63% in fiscal 2024

Outlook

* Company anticipates fiscal 2026 to be its best year ever

* Xtract One ( XTRAF ) reports record backlog of nearly C$50 mln, boosting 2026 outlook and beyond

* Demand for Xtract One Gateway continues to accelerate

Result Drivers

* PRODUCT DEPLOYMENT DELAY - Revenue shortfall attributed to timing of product deployment and increased manufacturing requirements for Xtract One Gateway

* RECORD BACKLOG - Co reports record backlog of nearly C$50 mln, boosting outlook for 2026

* INCREASED BOOKINGS - Total contract value of new bookings reached C$38.0 mln for the year ended July 31, up 28% from 2024

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 C$3.3

Revenue mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the it services & consulting peer group is "buy"

* Wall Street's median 12-month price target for Xtract One Technologies Inc ( XTRAF ) is C$1.08, about 35.8% above its October 22 closing price of C$0.69

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)