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VENDTEK SYSTEMS INC V.VSI

"VendTek Systems Inc develops, markets, and licenses automated transaction system software and supporting technologies. Its software product, eFresh provides electronic distribution infrastructure to service providers, retailers and retail distributors."


TSXV:VSI - Post by User

Bullboard Posts
Comment by Gladys7on Jun 22, 2011 4:39pm
248 Views
Post# 18752436

RE: 2nd Quarter results

RE: 2nd Quarter results

I sat in on the call.  The drop in sales is specifically related to the drop in Canadian PP revenues.  ( Likely combo of economy and smartphones)

Prepaid revenues in the U.S. increased 15%...would have been 17% with normal US currency exchange.

4.9%  Gross margin is consistent with business so far.

That's as far as I got before I got called away....

G7
Bullboard Posts