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Givex Corp T.GIVX

Givex Corporation is a Canada-based company, which is a technology and software solutions provider. The Company is a full-suite omni-channel gift card, loyalty program, data analytics, stored value ticketing, payments processing solutions and cloud-based point of sale (POS) solutions provider. The Company develops, sells, installs and supports five key technology solutions for merchants of all sizes, including single store locations and Fortune 500 companies with thousands of locations. These solutions are Customer Engagement (including gift and loyalty), Enterprise POS, Payments, Integrations, and Analytics. It offers a range of products, such as Gift Card, Loyalty Programs, GivexEngageAI, GivexPOS, Kiosk & Self-Service, Uptix Ticketing, Analytics, GivexPay, and Enterprise Services.


TSX:GIVX - Post by User

Comment by nozzpackon Feb 08, 2023 10:25am
145 Views
Post# 35274266

RE:$32 million in cash, cash flow positive and fast Growth

RE:$32 million in cash, cash flow positive and fast GrowthGivx is now in the incipient stages of exponential growth.
It has very strong gross margins of nearly 70% and is cash flow positive .

What is giving its earnings profile a negative image is the massive stock compensation costs of this past year or so.
I mean, over $8 million in the first 9 months which is totally eating up the very strong operating earnings.
So, combination of exponential growth in sales and operating earnings kept back by too excessive stock compensation benefits .

Once the latter is tightly controlled, you will see the much better and rapidly improving fundamentals .

So, an easy double from here over the next year and maybe more because at some point once $100 million in sales is reached, it will be taken over
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