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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

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Post by Torontojayon Nov 15, 2022 7:25am
319 Views
Post# 35099006

Q3 was good but…

Q3 was good but…

The news article about the company being earnings positive is referring to ebitda as "earnings" which is misleading to investors.

The company paid down debt from the cumulative cash flows for the year while the article makes it appear it came from Q3. The good news is that ebitda margins now exceeds 20% but revenue for the quarter on a y/y basis declined slightly. Year to date revenues and ebitda are up so at least it's a move in the right direction. 

The company needs to pay down debt before thinking about another acquisition which could nail them in the coffin. 


 

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