text size: T | T
Back to Snapshot
Company Description

Contact Info

117 West 9th Street

Suite 1214

Los Angeles, CA 90015

United States

Phone: 213-489-3019


GTX Corp, together with its subsidiaries, designs, develops, and sells various interrelated and complementary products and services in the personal location services marketplace. Operations The company’s operations are conducted through three wholly-owned subsidiaries that operate in various interrelated sectors of the emerging location-based services and proximity marketing industries. The company’s wholly-owned subsidiaries include Global Trek Xploration (GTX California); LOCiMOBILE, Inc.; and Code Amber News Service, Inc. (CANS). Global Trek Xploration (GTX California) GTX California focuses on hardware, software, connectivity, design and development of global positioning system (GPS) and Bluetooth low energy (BLE) monitoring and tracking solutions. The company’s proprietary GPS device, which consists of a miniature quad band GPRS transceiver, antenna, circuitry, battery and inductive charging pad can be customized and integrated into various products whose location and movement can be monitored in real time over the Internet through its 24x7 tracking portal or on a Web enabled cellular telephone. The company’s Location Data Center services are also offered to non-GTX California products and hardware systems (i.e. handsets and personal electronics) of major electronics manufacturers through the offer and sale of exclusive licenses (either geographical, regional or product categories). Markets that GTX California is in, or is exploring, include families with members who have Alzheimer’s disease and developmentally challenged adults; elder care support and e-health applications; adults and children with cognitive disorders such as Autism and traumatic brain injury (TBI); high value asset tracking and location capability of drones, bikes, motorcycles, containers, luggage, and other assets that require monitoring or tracking; mobile work force, and field workers, first responders, journalists, high level executives, government employees and law enforcement. Strategic Relationships and Licensing Arrangements The company has a contract with Atlantic Footcare, Inc., (Atlantic) to develop and launch the GPS SmartSole (the SmartSole), a product designed to monitor the location of the wearer of shoes that are outfitted with the SmartSole. Atlantic is the company’s exclusive manufacturer of the new shoe insole to be used with the company’s embedded GPS devices. The company engages in various SmartSole pilot programs in the U.S., Canada, Mexico, Australia, New Zealand, Norway, Italy, Columbia, Singapore, the U.K., Germany and Switzerland, with various other countries in the pipeline. LOCiMOBILE, Inc. LOCiMOBILE, Inc., the company’s mobile application subsidiary, developed and owns LOCiMOBILE, a suite of mobile tracking applications that turn the latest Smartphones and tablets, such as iPhone, iPad, Google Android and other GPS enabled handsets into a tracking and location based social networking device which can be viewed through its tracking portal or on any connected device with internet access. As of December 31, 2014, the company’s 20+ applications experienced approximately 2 million downloads in 162 countries. Additionally, it has released its newest enterprise application App, Track My Work Force, which allows employers to track and monitor employees, drivers, sales reps, and more using their Smartphone, tablet or any wireless devices. The company continues to rollout new products, which would include a series of applications that would be geared for the enterprise user, by offering ‘private label’ versions of the company’s consumer applications to companies looking for a more personalized and secure methods of keeping track of their employees. The company’s roadmap also consists of additional applications for the iPad, other tablets, TV’s, and more applications for the iPhone and Google Android operating systems, all of which are expected to contribute to its user base community, the value of its brand, and revenues from application sales, monthly subscriptions and advertising. Discontinued Operations In February 2015, the company discontinued its Code Amber News Service, Inc. (CANS

Page 12Next Page

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

GTXO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for GTXO.
View Industry Companies

Industry Analysis


Industry Average

Valuation GTXO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 7.5x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 6.3x

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact GTX CORP, please visit www.gtxcorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.