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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 Feb 21, 2021 1:28pm
120 Views
Post# 32621910

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Buying More

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Buying MoreBigreturn11, I have been invested in MTLO for quite some time but I am not really in the know of what the clients really need. I thought Covid would have been a greater gift for MTLO's business by now than it has. But, whatever, I can wait. In terms of the operating leverage, while things from existing products could feed to the bottom line, the gross margins for software companies are not that meaningful IMO. The money they make has to be used on keeping yourself current and will be used for other purposes, some of them will undoubtedly not bring value, as we have already seen. I have seen companies with 40ish% gross margins on their products without much more revenues making a profit. And I don't know the pricing structure well enough to be able to extrapolate current revenue for 2.2 million users to 24 million target that you speak of, which is not on the presentation slide except for the 60% just over a year growth over the current base. I will continue being patient, but the track record of strong performance for a software company so far is not as stellar just yet, especially as it is skewed by acquisitions. I have everything to gain if I am wrong. I am not pessimistic enough to sell, but I am not comfortable enough to buy more, at this point. GLTA.
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