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Martello Technologies Group Inc V.MTLO

Alternate Symbol(s):  DRKOF

Martello Technologies Group Inc. is a technology company, which provides digital experience monitoring (DEM) solutions to optimize the modern workplace. The Company’s segments include Modern Workplace Optimization and Mitel. The Modern Workplace Optimization segment includes Vantage DX and Legacy Software Products. Mitel includes the Mitel Performance Analytics (MPA) product, software which is developed by it and sold by Mitel to its channel partners and enterprise customers to monitor and manage the performance of Mitel unified communications solutions. e Vantage DX provides Microsoft 365 and Microsoft Teams end user experience monitoring and optimization. It develops software that monitors and optimizes the user’s experience of enterprise cloud communications and collaboration systems to help IT teams. Legacy Software Products, which include Gizmo, iQ, LiveMaps and Domino. It operates in Canada, the United States and Europe, the Middle East and Africa (EMEA).


TSXV:MTLO - Post by User

Comment by PatiencePays123on Dec 22, 2020 4:53pm
124 Views
Post# 32163287

RE:Last earnings release

RE:Last earnings releaseYes Trevor. After the quarter the analysts reduced their estimates. My broker let me know that they are now expecting $4.5 million in revenue for the december quarter. Expectations have been refreshed because of the Mitel growth drag. They should just divest the boring Mitel group that isn't growing much today, collect the cash, and pay all cash for a faster growing acquisition target so as to minimize shareholder dilution. From my math the organic growth in GSX is exciting. This isn't too hard of a conclusion to come to. I don't know what is taking the Board so long to make a strategic move or two.

Mitel is boring as sh!t. Microsoft is not. Plain and simple.
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