Sector: Technology | Industry: Software |
Company Contact | |
Address: | 1250 South Service Rd Unit A3-1 (3rd Floor) HAMILTON ON L8E 5R9 |
Tel: | N/A |
Website: | https://ackroo.com |
IR: | See website |
Key People | ||
Steve Levely Chief Executive Officer, Director |
Business Overview |
Ackroo Inc. provides marketing, payment, and point-of-sale solutions for merchants of all sizes. It develops and sells an online loyalty and rewards platform. The Company also offers e-gift card, GiftFly, for small to medium sized merchants. Its self-serve, data-driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its payment services provide merchants with low-cost payment processing options through payment technology and service providers. Its hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries, including, golf clubs, automotive dealers and more. Its solutions are focused on helping to consolidate, simplify and enhance the merchant marketing, payments, and point-of sale ecosystem for their clients. Its Simpliconnect business offers software as a service, focused on driving client engagement. |
Financial Overview |
For the nine months ended 30 September 2023, Ackroo Inc revenues increased 8% to C$5.1M. Net income totaled C$381K vs. loss of C$2.2M. Revenues reflect Subscription increase of 10% to C$4.4M, Product increase of 1% to C$642K. Net Income reflects Consulting settlement decrease from C$1.2M (expense) to C$0K, Amortization of intangible assets decrease of 49% to C$582K (expense), Research decrease of 16% to C$773K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $15.98M as of Dec 31, 2023 |
Annual revenue (TTM): | $6.66M as of Dec 31, 2023 |
EBITDA (TTM): | $1.49M as of Dec 31, 2023 |
Net annual income (TTM): | $0.50M as of Dec 31, 2023 |
Free cash flow (TTM): | $0.60M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $4.30M as of Dec 31, 2023 |
Shares outstanding: | 115,304,952 as of Dec 12, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |