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Ackroo Inc V.AKR

Alternate Symbol(s):  AKRFF

Ackroo Inc. acquires, integrates and manages gift card, loyalty marketing, payment and point-of-sale solutions used by merchants of all sizes. It develops and sells an online loyalty and rewards platform. Its self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries: automotive dealers and more. It is focused on helping to consolidate, simplify and improve the merchant marketing, payments and point-of-sale ecosystem for their clients. Its GiftFly is a self-serve eGift Card platform. Its Simpliconnect business offers software as a service, focused on driving client engagement. Its payment ISO affords the ability to resell payment processing solutions to their growing merchant base through some of the payment technology and service providers.


TSXV:AKR - Post by User

Post by Torontojayon Feb 18, 2021 10:22am
208 Views
Post# 32594935

New position

New position I am proud to announce a new position for me in this company. I estimate they will achieve ebitda margins of 20 % on $6 million revenue for the year. I like what they're doing with their acquisition strategy and could be a future takeover candidate by Shopify or Lightspeed well into the future. In 5-10 years time, the ceo believes he can achieve  revenues of at least 60 million, so 10 times their current run rate. Each acquisition adds 40-50 cents on the dollar to their bottom line and they acquire companies for around 2.5 times sales. 
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