0.04
-2.91%
Close of 9 Nov 2026, in USD
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About Southern ITS International
From its filings with the US Securities and Exchange Commission
Southern ITS International is based in Palm Desert, California and is incorporated in Nevada. Its shares trade on OTC under the ticker SITS. The SEC classifies its business as prepackaged software. In the fiscal year to 31 December 2015, it reported revenue of $1.4m and a net loss of $1.0m. At that date it held total assets of $29,796 and shareholders' equity of −$3.0m.
The Company was incorporated in Nevada on September 27, 1984 as Numeric Two Corporation. On July 10, 1985 we changed our name to Beta Tech Robotics, Inc. On August 28, 1996, we changed our name to Axion Spatial Imaging, Inc. On March 9, 2009, we changed our name to Alco Advanced Technologies, Inc. Finally, on April 5, 2012, we changed our name to Southern ITS International, Inc.
Southern ITS International, Inc. has successfully provided proprietary equipment and services to support government regulated high compliance industries . This success is measured by the facts that the equipment and systems installed operated according to contract specifications and the warranties for said installations were provided by and supported by SITS . Government sectors (correctional facilities and programs), and private sectors, including gaming and now medical marijuana and recreational marijuana (MMJ/MJ), have had challenges, but have been brought into the mainstream and are now subject to stringent compliance to tough government regulations.
Southern ITS International, Inc. has historically developed and delivered to the gaming and corrections sectors high compliance support systems facilitating the integration and implementation of complementary technologies. SITS continues to deliver such electronic security and networking infrastructures to those clients.
Quoted from its 10-K, filed 22 Nov 2023. Read the filing on SEC.gov ↗
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 13 Jul 2001
- Website
- sitsintl.com ↗
- Head office
- 42215 WASHINGTON STREET, PALM DESERT, CA, 92211
- Incorporated in
- NV
- Classification
- Services-Prepackaged Software
- Filer status
- Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Direct sales network provides strong customer relationships in government and private sectors.
- Integration of surveillance and access control systems enhances security solutions for clients.
- Security Integration software offers real-time monitoring and dynamic floor plans for efficient operations.
Weaknesses
- IPO in 2001 may limit recent market adaptation strategies.
- Limited focus on emerging technologies beyond current security systems.
- Dependence on traditional sectors like transportation and gaming for revenue.
Opportunities
- Expansion into new markets for secure operations in government and private sectors.
- Growing demand for cyber-secure systems in the Information Technology sector.
- Increased adoption of integrated security solutions in the Health Care industry.
Threats
- Cyber-attacks targeting security systems pose a significant risk to operations.
- Competition from established security firms in the Financials sector.
- Regulatory changes in the Real Estate sector could impact service requirements.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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