RE:New Press Release - Martello Reports Financial Results for the Second Quarter of the 2025 Fiscal YearKnew this wasn't going to be good when reading the news release and seeing how far down they started discussing the subject matter of the heading.
Yet another quarter not showing signs of anything exciting in the actual sales of the flagship product. Simply a very difficult sell that I don't see at this point becoming any easier with anything else they can think off. Don't ever remember such anemic growth of a company putting all of their effort on one flagship software product. Seen software companies disappear as they couldn't retain market share but that was after they have grown something to tens or hundreds of millions of dollars relatively fast. We have a product here in one of the largest global ecosystems (MS Teams) that can't even hit a quarter million per month and is playing around single digit percentage increases or decreases from prior periods.
Beyond unimpressive.
And what will all post quarter activities bring that they are citing? Well, maybe we should go back and look at all the activities spoken of a year ago and see what they delivered after their fanfare. Past doesn't predict the future, is the saying. Yet the decline in much of the revenues, legacy business, is very predictable and pretty well the only thing that sounds like is going according to plan.
God help us.