Emerge Commerce Ltd V.ECOM

Alternate Symbol(s): EMCMF | V.ECOM.W

Technology Information Technology Services

EMERGE Commerce Ltd. is a Canada-based operator of e-commerce brand portfolio in Canada and the United States. The Company's subscription and marketplace e-commerce properties provide its members with access to offerings across grocery and golf verticals. The Company offers merchants and other third-party advertisers a platform to display online advertisements within its e-commerce marketplaces. Its grocery businesses include truLOCAL.ca, its premium meat subscription brand, and Carnivore Club, its artisanal / cured meat brand. Its golf businesses include UnderPar, its discounted tee-times/ experiences business, and JustGolfStuff, its golf products and apparel brand. Its brands connect consumers shopping online with merchants seeking new and repeat customers. The Company's subsidiaries include Emerge Brands Inc., Emerge US Holdings LLC, truLOCAL Inc., truLOCAL US., Inc., Carnivore Club, LLC, and Athletesvideo Ltd., among others.

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Emerge Commerce Ltd

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Post by tinkvidon Feb 12, 2024 12:54pm

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Post# 35875794

RE:EMERGE Announces Return to Revenue Growth in January 2024

Ghassan Halazon, Founder and CEO of EMERGE commented, "After having spent 2023 prioritizing debt paydown, we now shift our primary focus to driving organic revenue growth, while operating our streamlined business with discipline. In that spirit, we are pleased to share that we recorded positive year-over-year organic revenue growth in January 2024, based on preliminary results. While still early in the year, given our recent performance and upcoming plans, we are increasingly optimistic that 2024 can be the year EMERGE returns to organic growth for our key businesses, following the comedown from the artificially high peak-pandemic period."