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Bullboard - Stock Discussion Forum Ivrnet Inc V.IVI

Ivrnet Inc is a software and communications company that develops, hosts, sells, and supports value added business automation software solutions. The company derives its revenues under license agreements from the sale of proprietary software licenses, third-party software support, and hardware and provides software-related services including training, installation, consulting, and maintenance... see more

TSXV:IVI - Post Discussion

Ivrnet Inc > Fins on sedar
View:
Post by lscfa on Apr 28, 2021 9:11am

Fins on sedar

 

 

Revenue

Gross Profit

Gross Margin

adj. ebitda

2020

3,117,075

2,120,488

68.0%

439,218

2019

2,928,872

1,997,468

68.2%

(329,157)

2018

3,050,659

2,171,772

71.2%

513,064

2017

3,522,318

2,431,708

69.0%

554,428

2016

2,966,223

2,139,231

72.1%

195,673

 




2021 outlook
 

The Corporation expects annual 2021 operations to generate positive EBITDA off our recurring revenues, which we intend to continue to grow.
 
The Corporation expects financial technology revenues to increase in 2021 as it focuses its sales and marketing strategy on these products and more companies continue to become PCI compliant.
 
Ivrnet will continue to execute its business improvement and expansion plan into fiscal 2021. Primary focus to include continued marketing and selling of newly productized solutions.
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