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mdf commerce Ord Shs T.MDF


Primary Symbol: MECVF

mdf Commerce Inc. is a Canada-based company, which enables the flow of commerce by providing a set of software-as-a-service (SaaS) solutions designed to optimize and accelerate commercial interactions between buyers and sellers. It offers procurement, ecommerce and emarketplace solutions. Its emarketplaces connect buyers and sellers across multiple industries and offer transactional platforms that are safe, secure and increase their business performance. The eprocurement solutions are designed to ensure the required flexibility to respond to the specific needs of its clients and to connect them with supplier networks across North America. The ecommerce solutions serve the needs of businesses of all sizes by providing platforms and services ranging from ERP-connected all-in-one ecommerce solutions to commerce platforms specifically built for complex commercial ecosystems. It operates in Canada, the United States, Ukraine and China.


OTCPK:MECVF - Post by User

Post by EarningsPoweron Aug 09, 2023 9:39am
340 Views
Post# 35579248

Finally a bullish Q1 call!

Finally a bullish Q1 call!I think the call went well this morning. Sounds like there's some large contracts in the final stages of being won. "Largest province in Canada" ... "some of the largest US states"... 

Luc gave a ballpark range that these types of contracts could be worth several millions. 

Patience! I think shareholders will eventually be rewarded. An 80% recurring revenue business that is EBITDA profitable (and continues to sequentially improve) does not trade at 1.2 x Revenues for long.

Mercell loved MDF, and Thoma Bravo acquired Mercell for >4x revenue.

GLTA 
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