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Danavation Technologies Corp C.DVN

Alternate Symbol(s):  DVNCF

Danavation Technologies Corp. is a Canadian Internet of Things (IoT) technology company and provider of micro e-paper displays to organizations across North America. The Company's principal activity relates to the sale of micro e-paper displays and software to retailers to automate labeling, price, product and promotions in real-time. Its Digital Smart Labels (DSLs), powered by IoT automation technology and software Platform-as-a-Service (PaaS), enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labor costs and low productivity associated with traditional labor-intensive workflows. It has introduced its solution to retailers across North America, including big box and boutique grocers, while also targeting new markets, including healthcare providers, manufacturing, and logistics companies. Its subsidiaries include Danavation Technologies Inc., and 0890810 BC Ltd.


CSE:DVN - Post by User

Post by lscfaon Dec 28, 2022 4:18pm
237 Views
Post# 35194277

Pharmasave contract no more?

Pharmasave contract no more?Mar31/22 MD&A
On February 17, 2022 the company announced its first installation of Digital Smart Labels™ under the Pharmasave banner. Following the company’s development of a custom link to Pharmasave’s Point-of-Sale (“POS”) system, the company anticipates the installation will commence in late March and be completed in early April, 2022.

Gross margin during the three and six months ended January 31, 2022 declined to $12,922 and $(77,848) versus $36,479 and $45,514, respectively for the comparative period. The declines were due to strategic and below cost pricing representing a ‘lost leader’.
 
Jun 29/22 MD&A
On February 17, 2022 the company announced its first installation of DSLs under the Pharmasave banner. Following the company’s development of a custom link to Pharmasave’s Point-of-Sale (“POS”) system, the company anticipates the installation will be completed by Q1 2023.
 
Dec 16/22 MD&A
Pharmasave not mentioned.
 
Dec 28/22 MD&A
Phamasave not mentioned.
 

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