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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 canyousayiiion Mar 19, 2021 8:39am
73 Views
Post# 32836331

RE:RE:realistic price target for end of calendar year

RE:RE:realistic price target for end of calendar yearI remain here because I "hope" shareholders can do better than this. But that is as far as I go in terms of SP predictions because if we go back in time, you can go back 2 months, or 2 years, I don't think anyone would have thought we would be here. Personally, gross margins for software don't impress me because of the nature of the product and how costs are allocated. If you want to argue that it should, then I could say fantastic gross margins but horrendous overhead costs, that should be sliced by a half. But somehow you would not be able to run the software business that way while industrials with a lower percentage overhead because their gross margins are 30%-50% can do well. But two problems from financials that I see. Notwithstanding my view of overhead as percentages, the compensation that we see for the executive and the board is extremely rich for the company this size. Secondly, continuously increasing dilution is putting on quite a cap. I believe we are well north of 300 million shares and that is way too much. We continue to wait and "hope" that they know how to get the SP up significantly to generate a solid return for shareholders. GLTA.
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