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
revenue	28.43M -	19.01M 33.11%	23.70M 24.62%
cost of revenue	18.23M -	13.32M 26.95%	15.68M 17.72%
gross profit	10.20M -	5.70M 44.13%	8.02M 40.74%
selling and marketing expenses	5.91M -	4.97M 15.94%	5.38M 8.26%
general and administrative expenses	7.33M -	5.99M 18.23%	4.63M 22.69%
selling general and administrative expenses	13.24M -	10.96M 17.21%	10.01M 8.66%
research and development expenses	646.36K -	1.18M 82.45%	1.93M 63.57%
other expenses
cost and expenses	32.12M -	25.46M 20.73%	27.62M 8.49%
operating expenses	13.89M -	12.14M 12.57%	11.94M 1.64%
interest expense	1.01M -	2.07M 104.88%	2.26M 9.24%
ebitda	-3.37M -	-5.67M 68.21%	-2.75M 51.61%
operating income	-3.69M -	-6.63M 79.56%	-4.21M 36.47%
depreciation and amortization	318.06K -	953.88K 199.90%	1.46M 53.54%
total other income expenses net	405.42K -	1.96M 383.35%	404.46K 79.36%
income before tax	-4.29M -	-6.74M 56.83%	-6.06M 9.96%
income tax expense	1.01M -	2.07M 104.88%	2.26M 9.24%
net income	-4.29M -	-6.74M 56.83%	-6.06M 9.96%
weighted average shs out	23.39M -	26.81M 14.60%	36.65M 36.72%
weighted average shs out dil	23.39M -	26.81M 14.60%	36.65M 36.72%
eps	-0.18 -	-0.25 38.89%	-0.17 32.00%
epsdiluted	-0.18 -	-0.25 38.89%	-0.17 32.00%

COM:VOTIDETECTION

Rapiscan Systems

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0.10

04/04 18:36

Market Cap

6.48M

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Volume Today

11K

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