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Resaas Services Inc V.RSS

Alternate Symbol(s):  RSASF

RESAAS Services Inc. is a Canada-based provider of technology solutions for the real estate industry. The Company is engaged in the development of Web and mobile communications software for the real estate industry. It has developed a cloud-based technology platform for the real estate industry servicing multiple listing services (MLSs), franchises, real estate brokerage and real estate agents on a business-to-business (B2B) basis. Its global technology platform enables real-time industry communication, delivers new business opportunities, and captures real estate data. The Company’s platform enables agents to communicate with other agents globally, find leads, send and receive referrals to generate business opportunities, create pre-market property listings before they are made available to the MLS, create off-market property listings that are intended for a closed group, and create on-market property listings. The Company offers solutions, including RealTimeMLS and BrokerOS.


TSXV:RSS - Post by User

Comment by Tandaboon Dec 04, 2020 4:16pm
301 Views
Post# 32039580

RE:The light at the end of the tunnel

RE:The light at the end of the tunnelAfter 7+ years it's about fricking time don't you think? And what they don't differentiate in the NR is how much of that revenue is actually from the recurring monthly subscriptions vs. the sale of those COVID tests that should have been highly profitable. This Co. has been a heart breaker too many times over the years. I'll believe the profitability direction ONLY IF they can sustain it for at least this one quarter. Not holding my breath - would have suffocated years ago.
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