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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 ExaltedDLoon Mar 19, 2021 8:13am
115 Views
Post# 32836196

RE:realistic price target for end of calendar year

RE:realistic price target for end of calendar year

Been a holder and accumulator since IPO. The current SP doesn't really make sense against their financials or the market, but I think is reflective of their overheads being too high, and their sales and marketing to date having been lacklustre. 


That said, I expect to see low 30's by summer, and high 30s/low40s by EoY, based on CURRENT projections. If there is a significant sales catalyst event, this could easily 5X that target price this year. 


Between their owned tech, recurring client base, and (ridiculously) high margins, there is real value here. At this point it's hard to see significant further downside risk beyond a penny or two in the near term. 

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