Ackroo Inc V.AKR

Alternate Symbol(s): AKRFF

Technology Software - Application

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

Ackroo Inc > Organic growth vs inorganic growth

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Comment by HarryBarryon Aug 05, 2022 2:40pm

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Post# 34874889

RE:RE:RE:RE:RE:Organic growth vs inorganic growth

Thanks TJ for highlighting that detail.

Of course the higher revenue per location may include a degree of "land and expand" cross selling as referenced on Page 4 of the MD&A report. If, on the other hand, it is pure price increase then this in itself could be contributing to higher customer churn.

This detail from the table on Page 5, would seem to indicate that location numbers have fallen back a bit Year On Year.
2020 2021 2022
Locations 5,000+ 5,300+ 5,000+

Either way it doesn't really change the overall viewpoint, real growth and cash generation may be significantly slower than suggested by the topline growth reported.

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