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 > Positive Note

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Post by PeaceCountry427 on May 30, 2017 11:20pm

Positive Note

Of note, they did close 3 time the new costumer contracts year over year. I'd be interested in hearing how the high volume/low revenue model works. Excerpt below:

For example, in the six months ended March 31, 2017, the Company has closed over 3 times the number of new customer contracts compared to the prior year; the majority of these closes coming from small and medium sized enterprises. (see figure 2 below). Despite the increase in closed customer contracts, the lower revenue for the current periods partially reflects the Company’s focus on a higher volume, lower revenue customer. The Company expects that the higher volume of customers will, in due course, result in an increase in revenue.

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