mdf commerce Ord Shs MECVF

Communication Services

mdf Commerce Inc. is a Canada-based company, which enables the flow of commerce by providing a set of software-as-a-service (SaaS) solutions designed to optimize and accelerate commercial interactions between buyers and sellers. It offers procurement, ecommerce and emarketplace solutions. Its emarketplaces connect buyers and sellers across multiple industries and offer transactional platforms that are safe, secure and increase their business performance. The eprocurement solutions are designed to ensure the required flexibility to respond to the specific needs of its clients and to connect them with supplier networks across North America. The ecommerce solutions serve the needs of businesses of all sizes by providing platforms and services ranging from ERP-connected all-in-one ecommerce solutions to commerce platforms specifically built for complex commercial ecosystems. It operates in Canada, the United States, Ukraine and China.

OTCPK:MECVF - Post by User

mdf commerce Ord Shs > Q2 out

<< Previous

Bullboard Posts

Next >>

Post by Sunsurfer12on Nov 10, 2021 8:26pm

382 Views

Post# 34112942

Q2 out

Well expect we go back down tomorrow...

Revenue $25m vs $26.5m expected-don't get the comment about negative $1m deferred revneue adj in Q2/22...should this not be compensated by Periscope if the aquired balance sheet doesnt true up?

Earnings another miss..loss of $0.19 compared to $0.12 expected...mix of acquistion expenses and just higher cost structure...

On the surface 20% revenue growth Q/22 compared to Q2/21 but disappointing organic growth once you remove bidnet acquisition revenue from the Q2/22 numbers

Net net not sure how this company moves to profitability given SG&A costs rising as fast or faster than their margin.

<< Previous

Bullboard Posts

Next >>

Gold, growth and sustainability in focus for Mandalay Resources