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Bullboard - Stock Discussion Forum Ackroo Inc V.AKR

Alternate Symbol(s):  AKRFF

Ackroo Inc. acquires, integrates and manages gift card, loyalty marketing, payment and point-of-sale solutions used by merchants of all sizes. It develops and sells an online loyalty and rewards platform. Its self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its... see more

TSXV:AKR - Post Discussion

Ackroo Inc > Akroo's Business Model
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Post by pullsea on Apr 02, 2021 4:38pm

Akroo's Business Model

Despite reading their profile, Investors Information, etc, I am still not adequately comprehending their business and target clients domain. Is Akroo a mini Shopify, Nuvei, etc? Or they distinct? When CEO Levy talks about their focus on Consolidation, who would be those companies doing similar business? Finally, does anyone here know some examples of the type of merchants (other than gas stations and golf courses) as their clients? I am invested in AKR and have faith in their performance even though I don't fully understand their business and prospects. Thanks
Comment by Torontojay on Apr 02, 2021 7:20pm
Here are some of their clients with nice diversity.  Husky energy  https://husky.ackroo.net/en/balances Landmark cinemas  https://landmarkcinemas.ackroo.net/en/sessions Sawmill restaurant  https://sawmillrestaurant.com/rewards/
Comment by Torontojay on Apr 02, 2021 8:43pm
If you look at Lightspeed pos they service retail,restaurant and golf as compared to Ackroo which services these industries as well as petroleum. Lightspeed also offers point of sale services to those industries mentioned above. Ackroo offers Ackroo marketing, Ackroo payment processing (hardware) and Ackroo point of sale (software) It looks as if they are setting themselves to being acquired ...more  
Comment by pullsea on Apr 02, 2021 10:57pm
Torontojay, thanks so much for commenting and shedding some more lights on AKR business and clients. Impressive path they are on.
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