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Ackroo Inc V.AKR

Alternate Symbol(s):  AKRFF

Ackroo Inc. acquires, integrates and manages gift card, loyalty marketing, payment and point-of-sale solutions used by merchants of all sizes. It develops and sells an online loyalty and rewards platform. Its self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries: automotive dealers and more. It is focused on helping to consolidate, simplify and improve the merchant marketing, payments and point-of-sale ecosystem for their clients. Its GiftFly is a self-serve eGift Card platform. Its Simpliconnect business offers software as a service, focused on driving client engagement. Its payment ISO affords the ability to resell payment processing solutions to their growing merchant base through some of the payment technology and service providers.


TSXV:AKR - Post by User

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Post by skibum45on May 27, 2021 12:53pm
143 Views
Post# 33276221

Q1 results

Q1 resultsNothing too exciting. Was hoping for more, but that probably wasn't realistic given the increased lockdowns since Dec/Jan and the effects on their client base. When you consider the vast majority of their clients are "automotive, petroleum, hospitality, and retail businesses", it's amazing they've been able to perform as well as they have. Similarly, as we emerge from COVID they should be set up for significant future growth. This quarter really didn't change anything from my point of view.  
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