VOTI Detection Inc. develops, manufactures, and sells X-ray security systems in the United States, Europe, the Middle East, Africa, Latin America, the Asia Pacific, and Canada. The company also provides mobile series X-ray security systems, as well as after care and support, training, warranty, and remote diagnostics services. It serves air cargo, critical infrastructure, events, justice, military, maritime, precious metals, and transportation and border markets for threat detection and loss prevention. VOTI Detection Inc. was founded in 2008 and is based in Saint-Laurent, Canada.

VOTI Detection Inc.

Rapiscan Systems, a subsidiary of Rapiscan Holdings, manufactures VOTI detection systems and provides technical support services. The company acquired VOTI Detection Inc.'s assets in 2022 and maintains a global service organization with over 350 service professionals.

Rapiscan Systems

VOTI Detection | 5,210 followers on LinkedIn. Security Evolved | VOTI Detection is a leading-edge technology company that develops latest-generation x-ray security systems based on breakthrough 3D perspective technology.  VOTI’s technology produces remarkably sharp and more-revealing x-ray images that are competitively superior, while delivering enhanced threat detection capabilities and a vastly-improved user experience.

Since its inception, VOTI has consulted heavily with government agencies and security specialists worldwide to develop feature-rich and easy-to-use scanners that meet the sophisticated needs of modern security screening operations.

	Oct '19	Oct '20	Oct '21
net income	-4.29M -	-6.74M 56.83%	-6.06M 9.96%
depreciation and amortization	318.06K -	953.88K 199.90%	1.46M 53.54%
deferred income tax	-1.37M -	-1.46M 6.97%	-429.68K 70.67%
stock based compensation	2.52M -	1.25M 50.32%	565.98K 54.75%
change in working capital	-4.40M -	2.23M 150.72%	1.72M 22.78%
accounts receivables	-5.52M -	5.19M 194.00%	-687.30K 113.25%
inventory	-674.09K -	-1.41M 109.14%	6.32K 100.45%
accounts payables	89.77K -	-1.52M 1,790.84%	2.48M 263.20%
other working capital	1.70M -	-29.06K 101.71%	-73.45K 152.74%
other non cash items	1.97M -	2.25M 13.98%	2.57M 14.23%
net cash provided by operating activities	-5.25M -	-1.52M 71.16%	-171.35K 88.69%
investments in property plant and equipment	-3.78M -	-2.24M 40.70%	-1.26M 43.78%
acquisitions net
purchases of investments
sales maturities of investments
other investing activites
net cash used for investing activites	-3.78M -	-2.24M 40.70%	-1.26M 43.78%
debt repayment	-4.10M -	-385.03K 90.61%	-812.55K 111.04%
common stock issued	5.39M -	300K 94.43%	4.28M 1,325.00%
common stock repurchased
dividends paid
other financing activites	-144.78K -	4.05M 2,899.02%	-1.08M 126.58%
net cash used provided by financing activities	1.14M -	3.97M 247.78%	2.39M 39.88%
effect of forex changes on cash	-56.46K -	-66.49K 17.77%	-857.15K 1,189.08%
net change in cash	-7.94M -	147.32K 101.85%	98.35K 33.24%
cash at beginning of period	9.89M -	1.94M 80.36%	2.09M 7.59%
cash at end of period	1.94M -	2.09M 7.59%	2.19M 4.71%
operating cash flow	-5.25M -	-1.52M 71.16%	-171.35K 88.69%
capital expenditure	-3.78M -	-2.24M 40.70%	-1.26M 43.78%
free cash flow	-9.03M -	-3.75M 58.43%	-1.43M 61.91%

COM:VOTIDETECTION

Rapiscan Systems

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04/04 18:36

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6.48M

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11K

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