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Venzee Technologies Inc V.VENZ

Alternate Symbol(s):  VENZF

Venzee Technologies Inc. (Venzee) operates as an artificial intelligence platform for the transfer of product data between brands and retailers. The Company develops and markets a cloud-based platform that is used by various suppliers and manufacturers from a range of industries to share their product information and inventory updates, in real-time, with their retailers. The Venzee platform allows for transfer of data to a range of retail channels. The Company allows customers to select any number of retail channels from its site to start using Venzee's Mesh Connector platform. It integrates with any content management provider. Venzee offers syndication capabilities that provide enhanced data governance, master data management abilities, and content organization. Venzee's subsidiaries include Venzee Inc. and Venzee Technologies Canada Inc.


TSXV:VENZ - Post by User

Post by MACNACon May 03, 2022 7:45am
213 Views
Post# 34650319

$71K annual Revenue?

$71K annual Revenue? OK, what am I missing here. The company is sayinhg it had an annual revenue of $71K, yet on Dec 23 it stated it had exceeded it's 4 quarter target with $195k in monthly(not annual)revenue. And rather than the 500 mesh connectors reported yesterday, they stated below they had 2080 mesh connectors sold as of the 4th quarter. I would love to get some clarity or thoughts from someone regarding this information and see what I missed. Because clearly the revenue they now made for the entire year is less than one month of the so called monthly sales they had in the 4th quarter alone. 



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