OTCPK:MECVF - Post by User
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AlwaysLong683on Apr 28, 2021 6:08pm
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Takacsy's BNN Market Call Appearance Summary
Takacsy's BNN Market Call Appearance Summary From the BNN Market Call website: MDF Commerce is an e-commerce solutions provider for large companies like Sobeys/IGA, Dollarama, and Carrefour.
The company recently announced a huge contract with Aldi, the largest food retailer in the world, for a click & collect platform for its U.K. stores.
MDF also enables suppliers to bid on government contracts, and recently won a large contract with NHS in the U.K., one of the largest healthcare systems in the world.
MDF’s growth accelerated during the pandemic with the rush for businesses to digitize.
Nearly 80 per cent of MDF’s sales are recurring SaaS revenue. Whereas Shopify trades at over 35X sales, MDF trades at under 2.5X revenues.