OverviewSuggest Edit

GTX Corp is a holding company that currently owns and operates two subsidiaries engaged in the growing wearable technology and IoT industry.

GTX provides a patented global monitoring platform that answers the “where is” question: such as, where is my mother, child, employee, pet, drone, rifle or high-value asset. Through a proprietary IoT (“Internet of Things”) enterprise platform the Company offers a range of hardware, software and connectivity tracking and monitoring solutions and generates revenues through the sale of products, licensing, recurring subscriptions and professional services.

TypePublic
Founded2002
HQLos Angeles, US
Websitegtxcorp.com

Latest Updates

Employees (est.) (Feb 2019)15(+150%)
Revenue (FY, 2018)$687 K(+63%)

Key People/Management at GTX Corp

Louis Rosenbaum

Louis Rosenbaum

Vice President, Operations & Finance
Andrew Duncan

Andrew Duncan

President of Business Development
Alex G. McKean

Alex G. McKean

CFO
Li Wang

Li Wang

Senior Engineer Product Development
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GTX Corp Office Locations

GTX Corp has an office in Los Angeles
Los Angeles, US (HQ)
117 W 9th St #1214
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GTX Corp Financials and Metrics

GTX Corp Revenue

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GTX Corp's revenue was reported to be $687.04 k in FY, 2018
USD

Revenue (Q1, 2019)

102.9k

Gross profit (Q1, 2019)

87.0k

Gross profit margin (Q1, 2019), %

84.6%

Net income (Q1, 2019)

(556.5k)

EBIT (Q1, 2019)

(417.5k)

Market capitalization (8-Oct-2018)

456.0k

Cash (31-Mar-2019)

29.7k

EV

1.1m
GTX Corp's current market capitalization is $456 k.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

150.0k449.3k432.7k421.7k687.0k

Cost of goods sold

86.7k300.0k346.4k209.8k213.0k

Gross profit

63.3k149.2k86.3k212.0k474.0k

Gross profit Margin, %

42%33%20%50%69%
USDY, 2019

EV/EBIT

-2.6 x

EV/CFO

-10.6 x

Revenue/Employee

6.9k

Debt/Equity

-0.2 x

Debt/Assets

3 x

Financial Leverage

-0.1 x
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GTX Corp Online and Social Media Presence

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GTX Corp News and Updates

GTX Corp GPS Platform Selected by Hill Air Force Base in Utah

LOS ANGELES, CALIFORNIA, May 17, 2019 (GLOBE NEWSWIRE) -- GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced that it has been awarded a new contract for an in…

GTX Corp Secures a $500,000 Revolving Line of Credit for Product Financing and Signs up Two New Distributors

LOS ANGELES CALIFORNIA, Jan. 03, 2019 (GLOBE NEWSWIRE) -- GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, today announced securing a revolving line of credit for production financing, and onboarding…

GTX Corp Blogs

GPS SmartSole Featured in Sweden’s MedTech Magazine

This sole provides security when memory begins to fail April 24, 2019 9:04 PM | By Lisa von Garrelts | Tell the editors   TRANSLATED BY GOOGLE A discreet GPS alarm in the form of a sole that you have in your regular shoes. So, the solution can look when, for the sake of security, a little help is ne…

GTX Reports 2018 Financial Summary

Revenue increased 28%, Product Sales increased 49%, Subscribers increased 20% LOS ANGELES CALIFORNIA, April 18, 2019 GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today an…

GPS SmartSoles featured in German Publication – DIE WELT

184,000 copies were printed, reaching 673,00 readers!

GTX Corp Issued Two New Patents

LOS ANGELES, CALIFORNIA, February 28, 2019 GTX Corp (OTCQB: GTXO) (GTX), a pioneer in the field of wearable GPS people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced it has been issued two new patents by the United States Patent and Trademark …

GTX SmartSole Shown at Glenner Alzheimer’s Family Center Town Square

GTX’s SmartSole were proudly displayed this past Saturday at the Glenner Alzheimer’s Family Center Town Square®, the nation’s first immersive reminiscence therapy day center for people with dementia. The event gathered an array of San Diego innovators in the dementia care space and was open to both …

Location Prediction Using GPS Trackers: Can Machine Learning Help Locate Missing People with Dementia?

Jan 22 2019   JanuszWojtusiak ReyhanehMogharabnia IoT Journal has just published Associate Professor and Director of Health Informatics at Mason’s College of Health and Human Services Janusz Wojtusiak, PhD, initial findings from his research which studied the possibility of using machine learning me…
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GTX Corp Frequently Asked Questions

  • When was GTX Corp founded?

    GTX Corp was founded in 2002.

  • Who are GTX Corp key executives?

    GTX Corp's key executives are Louis Rosenbaum, Andrew Duncan and Alex G. McKean.

  • How many employees does GTX Corp have?

    GTX Corp has 15 employees.

  • What is GTX Corp revenue?

    Latest GTX Corp annual revenue is $687 k.

  • What is GTX Corp revenue per employee?

    Latest GTX Corp revenue per employee is $45.8 k.

  • Who are GTX Corp competitors?

    Competitors of GTX Corp include Owlet, XOi Technologies and Revolar.

  • Where is GTX Corp headquarters?

    GTX Corp headquarters is located at 117 W 9th St #1214, Los Angeles.

  • Where are GTX Corp offices?

    GTX Corp has an office in Los Angeles.

  • How many offices does GTX Corp have?

    GTX Corp has 1 office.