NowVertical Group Inc V.NOW.WT.B

Q3 Recap for $NOW

[waves1]

Following their solid month of November, I'm looking forward to seeing NowVertical ($NOW.V $NOWVF) finish 2021 off strong.

 

$NOW's strong Q3 financial results are setting them up for a successful year-end plus there's a lot to look forward to in 2022, such as their plan to hit $100M revenue and expand into the US.

 

Q3 Recap: 

• Revenues and adjusted revenues increased nearly 25$ from 2020 to $957,709

• Gross profit increased nearly 16% from 2020 to $801,903

• Recent acquisitions of 100% of the securities of Affino Inc and all of the assets of DocAuthority

• Acquisition strategy has grown revenues from zero to over $7M for the last 12 months

 

https://ir.nowvertical.com/news/news-details/2021/NowVertical-Group-Reports-Third-Quarter-2021-Results-and-Other-Recent-Developments/default.aspx 

[Markhamjohn]

I started watching NOW almost a year ago when Bob McWhirter gave it a thumbs up. While the company has made great progress, I didn't buy it. Instead I bought Data Metrex ( DM ). Trades at only $0.20, has better revenues and profits and money in the bank. They have already launched Beta testing of an AI assisted Telehealth product, and they have have already entered the electric vehicle