Inside Gatekeeper Systems’ Record Quarter and $73 Million Contract Pipeline
Record revenues, expanding 53% gross margins, and a massive $73 million pipeline mark a pivotal transition from hardware vendor to high-margin software leader in smart transit.

While many micro-cap tech companies spend years pitching potential, Abbotsford-based Gatekeeper Systems Inc. (TSXV: GSI | OTC Pink: GKPRF) is busy turning promises into hard numbers. The mobile video and smart city technology specialist turned heads across North American markets by delivering the highest quarterly revenue in its corporate history for the fiscal third quarter ended May 31, 2026.
Fueled by rapid adoption of its software subscriptions and major transit upgrades, revenue soared 68 percent year-over-year to $12.5 million compared to $7.5 million in the prior-year period. Nine-month revenue reached $28.8 million, up 39 percent from $20.7 million. Profitability followed the same upward trajectory, as quarterly gross profit leaped 82 percent to $6.7 million while gross margin expanded four percentage points to 53 percent. On the bottom line, Adjusted EBITDA surged over 1,000 percent to $2.4 million, bringing net comprehensive income to $1.43 million, or $0.02 per share, successfully driving the company back into profitable territory.




