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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 developed by it and sold by Mitel to its channel partners and enterprise customers to monitor and manage the performance of Mitel unified communications solutions. e Vantage DX provides Microsoft 365 and Microsoft Teams end user experience monitoring and optimization. It develops software that monitors and optimizes the user’s experience of enterprise cloud communications and collaboration systems to help IT teams. Its Legacy Software Products, which include Gizmo, iQ, LiveMaps and Domino. It operates in Canada, the United States and Europe, the Middle East and Africa (EMEA).


TSXV:MTLO - Post by User

Comment by canyousayiiion Jan 23, 2021 8:15pm
131 Views
Post# 32369465

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:This is going much higher this year

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:This is going much higher this yearYes, certainly was not as clear that they had such assets when Elfiq was in the picture. Elfiq was the drag on the results then. Just speaks to the high tech sector and needing to come up with products that outperform the stuff that is fading. Seems like more lame horses now than stallions in terms of number of products. Maybe we will be ok because SP has gone nowhere so it is not like stellar results were expected.
UpNAddEm wrote: Excerpt from the news release "In the short-term, Martello's overall growth rates will be partially offset by a decline in the revenue related to these legacy products. There are minimal expenses related to this revenue."

They drop lines like this when the financials are going to be underwhelming.  An excuse in advance. My hopes aren't that high on the coming financials.  What I do like is how MTLO could look in. 6 months-year taking their projections at face value.  Hopefully the sales updates will start rolling in soon.


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