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Clarocity Corp CLRYF

Clarocity Corp is a California based firm. The company is engaged in the development of real estate valuation software product and related technological products. Its products and services are MarketValue Pro Appraisal, Traditional Appraisal, AQC Appraisal Review, BPOPro, ANMPro and BPOMerge. The company also provides alternative valuation and appraisal fulfillment services. Most of its revenue is earned through the United States market.


GREY:CLRYF - Post by User

Bullboard Posts
Post by Wallstreetjackon Feb 21, 2017 4:11pm
404 Views
Post# 25873639

Commentary: Clarocity Primed for Performance

Commentary: Clarocity Primed for Performance

I got this note from Virtus Advisory Group, CLY's IR group this morning that I signed up for.  Thought I would post it here. Seems like they have a good view of what's going on. These are the same guys that work with AcuityAds (up ~350% since January 2016) and Symbility Solutions (up ~100% since mid 2016). 

Commentary: Clarocity (TSXV:CLY) Primed for Performance

Turnaround stories provide a real opportunity for investors to make money, but timing is always key. We strongly believe that it is time for investors to take a serious look at Clarocity (TSXV:CLY). Clarocity, a provider of real estate valuation and appraisal software and services, has been tremendously ignored by the market at large for exceptional strides made in the company over the course of 2016, particularly the latter half. The company spent most of 2016 building a solid foundation and after performing consistently over the last 3 months while achieving significant milestones, we believe now presents a critical entry point for investors to get involved in a story that we expect to grow at an exponential rate in the coming months. Let’s quickly take a look at where the company stood in 2015 before we even consider what happened in 2016:
 
·      $3.2m in revenue for the year ended December 31, 2015
·      $1.3m in revenue in Q4 2015
·      Share Price December 25, 2015 - $0.08
 
For a more recent comparison let’s take a look at the company’s first 3 quarters of 2016: a total revenue of $4m. While Q4 2016 results have yet to be reported, management has painted a picture of what we can expect. The company has reported revenue on a monthly basis since November 2016 of $1.1m, $1m and $1m respectively. In the the last 3 months preceding February 2017, the company has almost matched 9 months of revenue in 2016 at $3.1m combined.
 
That’s a run rate of $12.4m, almost 4x what the company did as a whole in 2015.
 
Make no mistake about it: this is a turnaround story if you’ve ever seen one.
 
Let’s look at what has happened since mid-2016.
 
· Clarocity acquires ValVets, a national AMC that is well established and provides them the necessary licenses to operate across the US.
· ValVets receives a contract for $12m over 3 years with a minimum of $6m committed for 2017
· In January 2017, Clarocity announces a contract with a Top 10 internet lending company
· In February 2017, Clarocity announces a contract with a Federal U.S. Government    Department
 
In the latter announcement, the share price moved a meager 11%. We wholeheartedly believe that the market has essentially ignored the unbelievable progress that the company has made in the last 6 months. However as important as these milestones are, we believe this is only the mere beginning of what we can expect out of the company.
 
December 2016 and January 2017, as promising as they seem, are far from indicative of what we believe will be coming out of the Clarocity pipeline in the coming months. Expect to see new large contracts, continued top-line growth, and tremendous growth in the use of Clarocity’s alternative appraisal products. With what we believe to be coming out of Clarocity, and the continuous support of StableView Asset Management, we believe investors have a prime opportunity to get in early on a company that we expect to continue growing on a monthly basis.
 
Disclaimer
 
This note contains “forward-looking information” which may include, but is not limited to, statements with respect to the activities, events or developments that the companies mentioned expect or anticipate will or may occur in the future. Such forward-looking information is often, but not always, identified by the use of words and phrases such as “plans,” “expects,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates,” or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved.
 
The information and recommendations made available here through our emails, newsletters, website, press releases, collectively considered as (“Material”) by Virtus Advisory Group Inc. (“Virtus” or “Company”) is for informational purposes only and shall not be used or construed as an offer to sell or be used as a solicitation of an offer to buy any services or securities. Virtus does not guarantee the accuracy of the information provided in its Material. You hereby acknowledge that any reliance upon any Materials shall be at your sole risk. In particular, none of the information provided in our monthly newsletter and emails or any other Material should be viewed as an invite, and/or induce or encourage any person to make any kind of investment decision. The recommendations and information provided in our Material are not tailored to the needs of particular persons and may not be appropriate for you depending on your financial position or investment goals or needs. You should apply your own judgment in making any use of the information provided in the Company’s Material, especially as the basis for any investment decisions. Securities or other investments referred to in the Materials may not be suitable for you and you should not make any kind of investment decision in relation to them without first obtaining independent investment advice from a qualified and registered investment advisor. You further agree that neither Virtus, its employees, affiliates consultants, and/or clients will be liable for any losses or liabilities that may be occasioned as a result of the information provided in any of the Company’s Material. Virtus is not registered as an adviser under the securities legislation of any jurisdiction of Canada and provides Material on behalf of its clients pursuant to an exemption from the registration requirements that is available in respect of generic advice. In no event will Virtus be responsible or liable to you or any other party for any damages of any kind arising out of or relating to the use of, misuse of and/or inability to use the Company’s website or Material. The information is directed only at persons resident in Canada. The Company’s Material or the information provided in the Material shall not in any form constitute as an offer or solicitation to anyone in the United States of America or any jurisdiction where such offer or solicitation is not authorized or to any person to whom it is unlawful to make such a solicitation. If you choose to access Virtus’s website and/or have signed up to receive the Company’s monthly newsletter or any other Material, you acknowledge that the information in the Material is intended for use by persons resident in Canada only. Virtus is not an investment advisory, and Material provided by Virtus shall not be used to make investment decisions. Information provided in the Company’s Material is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. Virtus and/or its principals and employees may have positions in the stocks mentioned in the Company’s Material, and may trade in the stocks mentioned in the Material. Do not consider buying or selling any stock without conducting your own due diligence and/or without obtaining independent investment advice from a qualified and registered investment advisor.

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