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Danavation Technologies Corp C.DVN

Alternate Symbol(s):  DVNCF

Danavation Technologies Corp. is a Canadian Internet of Things (IoT) technology company and provider of micro e-paper displays to organizations across North America. The Company's principal activity relates to the sale of micro e-paper displays and software to retailers to automate labeling, price, product and promotions in real-time. Its Digital Smart Labels (DSLs), powered by IoT automation technology and software Platform-as-a-Service (PaaS), enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labor costs and low productivity associated with traditional labor-intensive workflows. It has introduced its solution to retailers across North America, including big box and boutique grocers, while also targeting new markets, including healthcare providers, manufacturing, and logistics companies. Its subsidiaries include Danavation Technologies Inc., and 0890810 BC Ltd.


CSE:DVN - Post by User

Comment by lscfaon Jun 17, 2021 3:31pm
144 Views
Post# 33405717

RE:RE:RE:Late financials?

RE:RE:RE:Late financials?

I see that now. wolf fins were filed after dvn fins so I did not even bother looking back. Really spotty no.s with no explanations. Looks like equipment sales are low margin and SAAS revenue is high margin. Co. needs to break down revenue so we can see if there is recurring revenue and if it is growing.
 

 

Qtr ending

Revenue

Gross profit

Margin

Jan 21

114,761

36,478

31.8%

Oct 20

13,000

9,036

69.5%

Jul 20

13,000

 

0.0%

Apr 20

4,179

 

0.0%

Jan 20

88,834

8,032

9.0%

Oct 19

0

0

n/a

Jul 19

7977

 

0.0%

Apr 19

0

 

 

 




 


Ciao wrote: 6 month results up to Jan 2021 are avail on Sedar.  Looks like they changed year end to Jan.

 

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