GuestLogix, $0.42, symbol GXI on Toronto, (Shares outstanding: 64.3 million; Market cap: $27.0 million; www.guestlogix.com), provides onboard retail and payment systems to airlines, railways and passenger ferries. The company sells the GuestLogix Mobile Virtual Store and the accompanying point-of-sale handheld device.
GuestLogix was founded in 2002. It is based in Toronto, but it has sales offices in the U.S., U.K. and Singapore.
The company estimates that its systems serve about 90% of airline passengers in North America and 40% worldwide. Its clients include American Airlines, Delta Air Lines, United/Continental Airlines, US Airways, Southwest Airlines, British Airways, KLM Royal Dutch Airlines, Ryanair, Qantas Airways and WestJet.
In the three months ended November 30, 2011, GuestLogix’s revenue fell 1.8%, to $6.3 million from $6.5 million a year earlier. The company lost $1.8 million, or $0.02 a share, compared to a profit of $160,000, or nil per share, a year earlier.
To keep growing, GuestLogix needs to increase its sales to Asian and Latin American airlines. It…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
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