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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 like how they try and bury this at the bottom
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Post by JProctor on Feb 14, 2023 7:16pm

I like how they try and bury this at the bottom

Working capital of minus $10.56M at December 31, 2022 compared to $2.27M at March 31, 2022 reflects the Vistara loan of $8.96M and Wesley Clover International's subordinate loan of $2.12M reclassified as current liabilities in FY23 compared to FY22 as the loan matures in May 2023
Comment by Mostlyserious on Feb 14, 2023 9:49pm
I was encouraged go see TM being the first one quoted as it gives an impression that he is finally getting involved more meaningfully in this disaster.  He sounded pretty bullish on thr DX Vantage prospects. All this encouragement was quashed once I got to understand that quarterly revenue for DX Vantage was a paltry $380k and the decline of legacy business significantly overshadows the ...more