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Perk Labs Inc C.PERK

Alternate Symbol(s):  PKLBF

Perk Labs Inc. is a Canada-based company, which specializes in providing a single unified payment interface for complex purchase environments. It provides a single unified payment interface for environments that have multiple retailers processing an array of different transactions, including food and beverage purchases, merchandise sales, ticketing, registrations, donations and even parking. The Company's principal business is mobile apps, payments, and loyalty for large enterprise complex purchasing environments. It provides a custom-branded solution for multi-retailer venues such as stadiums and arenas, university and college campuses, conference centers, festivals, charity events and hotels and resorts. Its solutions provide mobile ordering and payment systems, allowing customers the ability to scan a quick-response (QR) code or near field communication (NFC) sticker to order and pay for a multitude of services and payment types directly from their phone.


CSE:PERK - Post by User

Bullboard Posts
Post by 4evergreenon Oct 17, 2018 12:13am
181 Views
Post# 28815812

Q3 results out tonight -- ouch stick a fork in GET

Q3 results out tonight -- ouch stick a fork in GETI took a couple hits from this stock already and I'm done now but this is to help any newbies thinking they should catch a falling knife because they think it may reverse for whatever reason. Here's all you need to know in a snippet.. make your own conclusions: Revenue of $216,000 in Q3 2018, compared to $240,000 in Q3 2017. The current period includes licensing revenue of ($157,000) and marketing revenue ($30,000), in addition to application and service fees ($29,000). As anticipated, licensing revenues have fluctuated significantly in the last 3 quarters due to certain license agreements specifying larger initial payments, Fluctuations may continue in future quarters depending on the nature of any new agreements signed. Operating expenses were $3,074,000 compared to $1,804,000 in Q3 2017, reflecting the ramping up of the business over the past year. Software development costs were $910,000 compared to $125,000 in Q3 2017, reflecting the significant expansion of the development team and the Companys move into the blockchain space. General and administrative costs were $604,000 compared to $108,000 in Q3 2017, reflecting the overall expansion of the Company and its office requirements.
Bullboard Posts