Canada's Xtract One fiscal 2025 revenue drops; record backlog boosts 2026 outlook

Xtract One Technologies.

24/10/2025 24:12

Overview

Canada's Xtract One 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 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/Miss
Actual
Consensus Estimate
Q4 Revenue
C$3.3 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 is C$1.08, about 35.8% above its October 22 closing price of C$0.69

Press Release: ID:nGNX7pxgDl

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(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.)