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Absolute Software Corp T.ABST

Absolute Software Corporation is a Canada-based company. The Company is engaged in the development, marketing and provision of software services that support the management and security of computing devices, applications, data and networks for a variety of organizations in various global territories. Its Absolute platform is a cloud-based endpoint visibility and control solution that allows users to see all their devices and applications, secure their data and prove compliance. It offers its solutions to various industries such as Healthcare, Government, K-12 Education, Professional services, Higher Education and Financial services. The Secure Endpoint product portfolio enables IT and security personnel to monitor and address laptop computer’s problems and ensures the laptops and their mission-critical applications to self-heal. Its products include Absolute Visibility, Absolute Control, Absolute Resilience and Absolute Ransomware Response, Absolute VPN, ZTNA and Insights for Network.


TSX:ABST - Post by User

Comment by NLMooseon Mar 19, 2022 9:59am
146 Views
Post# 34527660

RE:Any news?

RE:Any news?

Number one reason is that Absolute Software is mismanaged.

While Absolute Software's sales continue to increase, they are still losing money due to excessive spending and mismanagement.

If Absolute Software was well managed, they would make a profit as opposed to incurring losses each quarter.

I think that Absolute Software's Board of Directors, including Christy Wyatt, Daniel Ryan, Lynn Atchison, Andre Mintz, Gregory Monahan, Sal Visca, and Gerhard Watzinger need to be recalled to address concerns about the company's financial management.
 

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