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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 23, 2022 11:06am
355 Views
Post# 35121913

Ackroo’s purchase price multiple

Ackroo’s purchase price multiple

Historically speaking Ackroo would acquire companies at multiples of between 1.5 to 2 times sales. Today, Ackroo can be acquired for the same multiple. The drop in share price makes sense given the lack of organic growth in sales. The company needs to prove it can grow organically if it wants to trade at a higher multiple. 

 

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