Bullboard - Stock Discussion Forum Rewardstream Solutions Inc RWWDF

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Balsam Technologies Corp specializes in marketing programs to acquire, engage, optimize, and retain customers and sales channels. The company is a provider of software as a Service marketing technology to marketing programs, referral programs and source code licensing programs. The company has three segments namely Loyalty, Referral, and Source Code. The Referrals segment is comprised of Custom... see more

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Rewardstream Solutions Inc > Financials

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Post by PeaceCountry427 on May 30, 2017 10:28pm

Financials

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

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Comment by paultron031 on May 31, 2017 6:26am

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.

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Comment by kulewater on May 31, 2017 8:37pm

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 ...more

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Rewardstream Solutions Inc