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Martello Technologies Group Inc V.MTLO

Alternate Symbol(s):  DRKOF

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. 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

Post by steevee84on Jun 30, 2021 8:09am
77 Views
Post# 33472043

They expect to go from 2.7m to 3.5m users in the next year

They expect to go from 2.7m to 3.5m users in the next year
that truly is a sad target. 800,000 new users in a year? That doesn't even cover proctors salary. With legacy business expected to completely disappear in the same time frame, don't expect profitability for years and years to come. It really is pathetic that other parts of the business are declining much faster than the new almighty acquisition (over a year ago) GSX is growing. This company is a complete disaster with no way of turning it around .
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