Martello Technologies Group Inc V.MTLO

Alternate Symbol(s): DRKOF

Technology Information Technology Services

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

Martello Technologies Group Inc > Breathe life into this

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Comment by Hertevaldon Apr 06, 2021 12:32pm

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Post# 32942060

RE:RE:Breathe life into this

Just a reminder, "A US$8M subordinated secured term loan provided by Vistara Capital Partners has partially funded the acquisition of GSX." That loan was at 12.5% interest, a 3 year term, secured by all the assets of the company. If Martello doesn`t generate about C$15 million in free cash to repay this loan, guess who owns the company? And if they had to borrow more money for another acquisition, can you imagine what the terms would be?

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