Ackroo Inc V.AKR

If..

[Maggs]

we are being honest here...Steve and company have underperformed terribly for a very long time.

For all the constant talk of being good at financial management, growing organically, cross selling, acquiring companies, institutional support, ect, the reality is the stock has went nowhere for years now and just continues to churn. That is really disappointing. I have only owned the company for a year but I really thought they had turned the corner and were ready to create lasting shareholder value. I can't imagine what people holding this for years are thinking.

Steve needs to step up and get something done for shareholders instead of just talking. He has been running the company for a very long time. It's starting to look like his only job is to raise money and keep the financiers in business. Trading the stock seems to be about the only worthwhile thing with this company. Steve should have to answer for the lack of value he has created for long time shareholders.  Ok Canada...Now you can attack me for stating the facts.

[Rishik]

Very well resumed, and i am canadian. Ive been holding this for more than 4 years. Always the same bla bla bla, dissapointed by this stock performance.

[Rogg47]

You're 1000% right, AMEN! I've been holding this stock for soooo many years, my average cost is a shame and NO I wont average down, don't trust management anymore.... Lots of blablabla but no added value for shareholders over the years, can't believe this guy still has his job...   

[ando]

I may be incorrect, but I think Mr. Levely is now focused on getting the share price much higher. In past interviews the share price and investor awareness was not really touched on. I am sure the Shen family and Jason Donville are giving good advise on getting this up where it belongs. I am counting on this being the low and its all up from here. Those 2 big names are here for 1 reason. MONEY

[Rogg47]

It's about time after all those years...... and who's not in for money...... We had a little hope when SP went over $0.30 but didn't last long, back to where it was and no trading volume so a lot of work to do 

[Maggs]

Rogg47 says..."Lots of blablabla but no added value for shareholders over the years, can't believe this guy still has his job..." So True!   : -)    Pretty sure he won't fire himself either.    On that note, the share price of Ackroo is actually much worse than it even looks. Steve diluted the stock over 1 year ago and the stock is essentially the

[SushiGobbler]

incorrect, since his time as CEO he took the company into profitability and grown rev's/ebitda margins successfully as well as diversified their services/product strategy, it may seem like a bad stock but it's actually just beginning to get interesting, i think if you hold another year you'll be sitting a lot higher  sp

[Rogg47]

Profitabiility, euhhhhh are you kidding?!!? 2021 Q3 YTD net loss of $1,956,022; 2020 net loss of $1,302,626;  2019 net loss of $1,179,441; 2018 net loss of $1,066,824; 2017 net loss of $1,473.112;   Sooooo not even close of being profitable and 2021 is the worst in the last 5 years....

[Torontojay]

This is a flawed way to look at it. Most of their expenses are from intangible amortization expenses which are non cash by nature.  Their cash flow position before changes in non cash working capital has been steadily improving each year.  The correct way to think about an investment is to ask yourself the question: "where could the stock price be 3-5 years out and what would my

[Rogg47]

1st If you had read carefully, I was replying to the "profitability" comment, not the EBITDA one.... 2nd I'm in AKR since a wayyy long time sooo I can confirm that I haven't double my investment but in fact, the opposite, this Company/Management has done way, way worst, RED is their favorite color.... So even if they would double the SP in the next 3-5 years, it would have been

[Torontojay]

The company is cash flow positive and this is all that matters. In fact, cash flow has been increasing each year up until 2021 which is trailing 2020 numbers only. Adjusted ebitda over the last 12 months is still above $1m which is ahead of 2019 numbers and previous years. Do you realize that companies right off their intangible expenses to reduce taxes? This makes the company appear to be

[Maggs]

IMO of course...What matters to shareholders is the stock price. They are a public company. What does it mean for shareholders if they are cash flow positive but their stock price does nothing but go down? Do we as shareholders benefit somehow when they are cash flow positive? Do we get dividend checks or something? Of course not, his only job is to create value for long time shareholders who don&

[Torontojay]

It's been a tough year for small/micro cap stocks that it has very little to do with Ackroo and a lot to do with negative sentiment overall. Let's remember that last year companies with even no revenues were rewarded with fantastic stock price returns on total speculation and irrational market behaviour. This year the opposite has happened. Large caps have become the asset class to own due

[Rogg47]

Come on, easy excuse, Ackroo has issues way, way before the pandemic, since many years!! 

[Torontojay]

Oh give me a break. It appears everybody ignored them in 2020? Everyone was perfectly fine when the share price reached 38 cents on Feb 24 of this year. Things were looking good. Coincidentally, the tsx venture composite peaked at around Feb 19 @ 1098.56 compared to today's price of 954.26. It must be a strange coincidence that the tsx venture composite has struggled since it has reached its

[Rogg47]

Don't worry, I'm well aware what cashflow positive means.  "This is all that matters"?!? Nahhh, not at all... Net profit is a way to build equity for a company and create value to shareholders!! And what the Financials tell me is that they're not doing enough profit to cover the amortization & interest expenses related to their acquisitions so we could conclude that

[Torontojay]

Positive is positive no matter how you divide it. I dont want to embarrass you on this one but you leave me with no choice. The company was cash flow positive in 2020 NOT because they issued shares and raised capital. Total cash from operating activities was $ 1,572,812.  Total cash provided by financing activities was $ 4,068,444 Total change in cash and

[ando]

Toronto Jay You see it right. The negative agendas are just that. They are hoping to knock the share price down either to buy in lower or they have a dislike towards the company itself. Either way the numbers are solid and keep getting stronger over the year. Patience will pay huge returns for anyone buying sub .20. Good luck to all