Venzee Technologies Inc V.VENZ

Alternate Symbol(s): VENZF

Technology Software - Application

Venzee Technologies Inc. (Venzee) operates as an artificial intelligence platform for the transfer of product data between brands and retailers. The Company develops and markets a cloud-based platform that is used by various suppliers and manufacturers from a range of industries to share their product information and inventory updates, in real-time, with their retailers. The Venzee platform allows for transfer of data to a range of retail channels. The Company allows customers to select any number of retail channels from its site to start using Venzee's Mesh Connector platform. It integrates with any content management provider. Venzee offers syndication capabilities that provide enhanced data governance, master data management abilities, and content organization. Venzee's subsidiaries include Venzee Inc. and Venzee Technologies Canada Inc.

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Venzee Technologies Inc > WOW TUESDAY MORNING

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Comment by summitkingon May 27, 2021 11:08am

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Post# 33275477

RE:RE:RE:WOW TUESDAY MORNING

I think we'll definitely have some alright revenue, however, I don't expect to be cashflow positive as the cost of sales will be quite high. Sounds like they've been actively hiring to market this product as best they can. Cost of sales will have gone up with revenue to follow in Q2...
I really hope we get an accurate update as to the number of connections to date. Anything over 1,000 active connections would be huge as the connections will ramp up in H2.

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