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Bullboard - Stock Discussion Forum 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... see more

TSXV:MTLO - Post Discussion

Martello Technologies Group Inc > I listened to the recording of the conference call
View:
Post by Hertevald on Jun 29, 2021 1:18pm

I listened to the recording of the conference call

or at least, the q & a portion. A question was asked about the decline in revenue from Q3 to Q4 and it was finally acknowledged that a major client of the GSX product did not renew its subscription for 2021. Sadly, the obvious supplementary question, "What reason did this customer give for no longer wanting this service?" was not asked.

FWIW, Krishnaratne seems to be the brightest of the three analysts covering Martello.
Comment by Mikeyrob on Jun 29, 2021 1:33pm
Would have been nice to have an answer to that
Comment by baystreetpenny on Jun 29, 2021 2:25pm
Thank you for catching that. I will share my two cents for those interested. I was interested into the company thinking that they might have reached a turning corner, showing modest growth and positive momentum taping into the growing DEM segment, but this is not reassuing at all. I'm surprised by the decline in reported revenue and concerned with GSX not showing any growth at all. In fact ...more  
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