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Ackroo Inc V.AKR

Alternate Symbol(s):  AKRFF

Ackroo Inc. acquires, integrates and manages gift card, loyalty marketing, payment and point-of-sale solutions used by merchants of all sizes. It develops and sells an online loyalty and rewards platform. Its self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries: automotive dealers and more. It is focused on helping to consolidate, simplify and improve the merchant marketing, payments and point-of-sale ecosystem for their clients. Its GiftFly is a self-serve eGift Card platform. Its Simpliconnect business offers software as a service, focused on driving client engagement. Its payment ISO affords the ability to resell payment processing solutions to their growing merchant base through some of the payment technology and service providers.


TSXV:AKR - Post by User

Comment by Torontojayon Mar 02, 2024 8:51am
113 Views
Post# 35910954

RE:RE:RE:RE:Gross margin vs attrition rate

RE:RE:RE:RE:Gross margin vs attrition rate

Rogg47 wrote:
Torontojay wrote:

Rogg47, you wouldn't stand a chance against me. I'll spare you the embarrassment unless you really do want to challenge me? 

Yes, Ackroo is profitable. 

 


I hope it has been profitable in 2023 but not in 2022, neither in 2021, Financials don't lie!! 

I hope it has been profitable in 2023 but not in 2022, neither in 2021, Financials don't lie!! 

If you looked closely at the financials in 2022, the company incurred a charge of $1,164,978 on a consulting agreement settlement expense. This was a one time expense that significantly reduced the income reported that year. Of course, you probably ignore all of this because it suits your own propose. If you remove the non recurring expense then the company was in fact profitable in 2022. They were profitable in 2020 as well but you failed to report this. The only true bad year they had was 2021 even though adjusted ebitda still came in at $ 409,217. 

In the last 6 years the company reported positive adjusted ebitda but I doubt any of this really matters to you. 

 

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