Jan. 30 at 2:32 PM
$GKPRF $GKPRF take aways from todays call:
• they’re sitting on 18 million in cash and looking to make an acquisition with it
• potential rail business with hitachi incoming
• expecting 2 more train contracts with SEPTA (philadelphia) valued higher than long island [aka more than 30 million in new rail contracts]
• due to the credibility via new york contract
L&T technologies reached out to them with the middle east deal. they’re going after a lot of global rail deals outside on north america
• ~30 institutions looking into investing in them
• transitioning into a data company. 90% of new customers are signing onto data subscriptions. they are also converting old contracts into data subscriptions which is scaling the profit margins significantly.
• according to the ceo, internal morale is high. employees are jacked up to go to work and expand the business.