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Tiny Ltd V.TINY

Alternate Symbol(s):  TNYZF

Tiny Ltd. is a technology holding company. The Company’s business segments include Digital Services, E-Commerce Platform and Creative Platform. The Digital Services segment provides design, engineering, brand positioning and marketing services to help companies of all sizes deliver premium Web and mobile products. E-Commerce Platform segment offers a portfolio of recurring revenue software businesses that support merchants, as well as digital themes businesses that sell templates to Shopify merchants. Its Creative Platform segment is comprised primarily of Dribbble, the social network for designers and digital creatives, as well as a premier online marketplace for digital assets, such as fonts and templates. Its portfolio also includes software product e-IEP PRO that integrates all federal and state required reporting documents into a single system. In addition to e-IEP PRO, it offers e-ELL PRO English Learner, which helps with the management of the English Learner process in Arizona.


TSXV:TINY - Post by User

Post by ace1mccoyon Apr 30, 2021 2:11pm
323 Views
Post# 33102460

TD's Notes

TD's Notes
Event
WeCommerce announced that Evan Brown, CFO, will be stepping down in June.

Impact: SLIGHTLY NEGATIVE
 
Strong finance team to help with an orderly transition. Mr. Brown will remain
at WeCommerce as an advisor to ensure a smooth transition. WeCommerce has
already commenced the search for a CFO candidate with an executive recruiting
firm. We believe that the company has a strong supporting finance team, which we
had the opportunity to work with recently. Stamped is mostly integrated and a new
CEO has already been appointed, so we do not believe there is much integration
disruption. We also do not foresee any material disruptions to Q1/21 reporting, given
the the timing of Mr. Brown's departure.
 
Alex Persson, President, assumes role of interim CFO. Mr. Persson has been
with WeCommerce since last year, leading the company's acquisition initiatives.
As such, we believe that the recent news will not have a material impact on the
company's ability to source and complete acquisitions. However, if the search for the
next CFO continues for a long time, there may be potential for his departure to be
slightly disruptive.
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