Rewardstream Solutions Inc RWWDF

Financials

[PeaceCountry427]

Financials are out in Sedar. 349k for the quarter. Pretty underwhelming organic growth. I guess that would explain the SP decrease.

[paultron031]

I agree. at least the gross profit is better than in Q1 2016 where the revenu was higher, so it means higher margin revenu need to increase on the SP decrease, yes it explain a bit but also almost all the selling in last weeks is done by 1 anon seller but there is a big lack of buying interest at least when you wrote to the company, the ceo answer you in a good delay.

[kulewater]

As mentioned the next few quarters will be a bit of a wash as the company pivots to a new model. There is usualy some churn and recalibration as revenues start to take hold. They are in the midst of a core transformation and need to be given some time to execute the new plan.  If they can continue to onboard new customers at a steady clip and continue to work on the upsell / x-sell