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Ackroo Inc V.AKR

Alternate Symbol(s):  AKRFF

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.


TSXV:AKR - Post by User

Post by Torontojayon Feb 18, 2021 10:22am
188 Views
Post# 32594935

New position

New position I am proud to announce a new position for me in this company. I estimate they will achieve ebitda margins of 20 % on $6 million revenue for the year. I like what they're doing with their acquisition strategy and could be a future takeover candidate by Shopify or Lightspeed well into the future. In 5-10 years time, the ceo believes he can achieve  revenues of at least 60 million, so 10 times their current run rate. Each acquisition adds 40-50 cents on the dollar to their bottom line and they acquire companies for around 2.5 times sales. 
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