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Boardwalktech Software Corp V.BWLK

Alternate Symbol(s):  BWLKF

Boardwalktech Software Corp. is a digital ledger application platform and enterprise software applications company. The Company designs and sells collaborative enterprise digital ledger data management technology offered as either a cloud-based platform service that runs the industry, or customer specific applications, Boardwalk Application Engine (BAE) or Boardwalk Enterprise Blockchain (BEB) platforms. It has developed a digital ledger technology platform used by various companies running mission-critical applications worldwide. Its digital ledger technology and its method of managing vast amounts of structured and unstructured data is a platform where multiple parties can work on the same data simultaneously. The Company delivers collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based platforms.


TSXV:BWLK - Post by User

Post by theinvestor22on Aug 27, 2024 4:41pm
134 Views
Post# 36198374

fQ1 results

fQ1 resultsThose were pretty bad results.  Revenue down.  ARR down.  Gross margin % and expense levels are fine, but that doesn't help much without revenue.  Still a significant quarterly loss.  Burning through lots of cash.  Rewarding themselves with lots of RSUs.  Lots of talk about imminent opportunities, which has happened a lot in the past as well.

I like to look for the positive, but I'm not seeing much.
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