Reply from Tracy King, same old song and dance with no resul
Hi Steve, I understand your frustration - and certainly share your view that the stock is undervalued. Martello is very focused on delivering shareholder value with recurring revenue growth. As was mentioned on the call last week, we have a growing sales pipeline generating high quality revenue that is 96% recurring with healthy gross margins. We are seeing some larger deal sizes, and as a subscription-based business, these deals are reflected in our revenues over time. There is significant opportunity in the Microsoft market, and Martello has already demonstrated progress here, adding more than 450,000 Microsoft 365 users since acquiring GSX in May 2020. We're investing in this rapidly growing market to capture market share. Our growth strategy is outlined in our latest MD&A, and includes activities that expand our addressable market and increase revenue growth. While we obviously don't directly control the stock price, we are not satisfied with it, and we are pushing hard to grow the business and drive increased shareholder value. We'll continue to communicate our progress and milestones as we execute. I hope this helps - please feel free to reach out anytime with further questions. Tracy