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VSBLTY Groupe Technologies Corp C.VSBY

Alternate Symbol(s):  C.VSBY.WT.B | VSBGF

VSBLTY Groupe Technologies Corp. is a Canada-based software provider of artificial intelligence (AI)-driven security and retail analytics technology. The Company is engaged in providing Proactive Digital Display, which transforms retail and public spaces as well as place-based media networks with software-as-a-service (SaaS)-based audience measurement and security software that uses AI and machine learning. Its products include DataCaptor, VisionCaptor, VSBLTY Vector and VSBLTY Metrics. DataCaptor leverages camera and sensor technology through AI tools, enabling real-time analytics and anonymous audience data. VisionCaptor Content Management System provides a variety of capabilities for bringing proximity-aware, interactive brand messaging to life on any digital screen or platform. VSBLTY Vector is a software, which provides facial recognition and weapon detection. VSBLTY computer vision provides measurements that can validate media impressions at the point of sale.


CSE:VSBY - Post by User

Post by Justdosomeddon Jul 12, 2021 2:50pm
170 Views
Post# 33530608

Huge Joint Venture Deal with Grupo Modelo - $VSBY

Huge Joint Venture Deal with Grupo Modelo - $VSBY
Check out the Stock Day Podcast, where Jay Hutton (the CEO of $VSBY) discusses the huge joint venture with Grupo Modelo and Tech Mahindra agreement. Here’s a quick summary of what he goes over:
 
- Background of VSBLTY and what they do
 
- Advantages of having the AI in a retail environment (security, advertising, and optimization)
 
- JV with Grupo Modelo (runs 9,000 stores with ties to nearly 41,000 in the region). The plan is to deploy the digital network in many of those stores.
 
- Talked about the Tech Mahindra deal. Jay said, “we’re in a multi-year relationship where they basically eliminate the risk that we're able to get to the objective of this network, which in four years is 55,000 locations.”
 
- Finally, the revenue: 2021 bookings estimated to be around $15M-$20M with recognized revenue reaching $5M-$7M but 2022 booking estimates are set to reach $40M with recognized revenues of $25-$35M
 
Listen to the podcast here: https://www.newsfilecorp.com/redirect/Ery18u0kQP
 
The joint venture agreement with Grupo Modelo shows that the company has an industry-leading product in a relatively young sector. I expect this to be only the beginning as they continue to talk to new companies and grow the business. With a current market cap of $80M, I’m holding my shares as the company continues to execute their plans flawlessly.
 
Read more about the JV with Modelo: https://www.globenewswire.com/news-release/2021/07/09/2260717/0/en/VSBLTY-GRUPO-MODELO-RETAILIGENT-CREATE-JOINT-VENTURE-FOR-INTERNATIONAL-DIGITAL-IN-STORE-MEDIA-NETWORK.html
 
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