Voxtur Provides Financial Guidance Highlights:
- Voxtur expects revenue for Q4 2021 in the range of $34M to $39M and for FY 2021 in the range of $92M to $97M.
- This represents 349% year-over-year revenue growth for FY 2021 over FY 2020, 468% year-over-year revenue growth for Q4 2021 over Q4 2020, and 38% sequential revenue growth for Q4 2021 over Q3 2021 (in each case at the low end of the revenue guidance range).
- Voxtur expects revenue for FY 2022 in the range of $170M to $190M, a potential year-over-year increase of 85%.
- Voxtur expects gross margin for Q4 2021 in the range of $12M to $14M and for FY 2021 in the range of $37M to $39M.
- This represents 295% year-over-year gross margin growth for FY 2021 over FY 2020, 353% year-over-year gross margin growth for Q4 2021 over Q4 2020, and 28% sequential gross margin growth for Q4 2021 over Q3 2021 (in each case at the low end of the gross margin guidance range).
- Voxtur expects gross margin for FY 2022 in the range of $87M to $97M, a potential year-over-year increase of 136%.
TORONTO and TAMPA, Fla., March 24, 2022 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) ("Voxtur" or the "Company"), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce its financial guidance for Q4 and FY 2021 and FY 2022.