- GKPRF may benefit from tailwinds created in the US by the American Rescue Plan and in Canada by the Strengthening School Bus Safety initiative.
- The company is likely to add additional “smart city” wins in Toronto and Philadelphia in the near term, with other cities following suit.
- Gross margins, which had been hurt by tariffs, are heading back in the right direction as more revenue is now high-margin and recurring.
- Unlike many high-growth, recurring revenue businesses, the company has positive EPS and operating cash flow.
- Based on a reasonable valuation, I believe a nearly 150% increase in stock price is easily justified.
For further details see:
Gatekeeper Systems: A Smart Investment In Smart Cities