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BOARDWALKTECH SOFTWARE CP - BWLKF STOCK NEWS

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Boardwalktech Software Corp. is a leading digital ledger platform and enterprise software solutions company. The company recently secured a three-year $US4.0 million Line-of-Credit facility with Celtic Bank to drive growth and enhance its balance sheet. Additionally, Boardwalktech signed an agreement with Tata Consultancy Services and UST to deliver consulting and professional services in the financial services market. The company's Velocity product provides a platform for financial institutions to transform Excel and Access based End User Computing environments into compliant, auditable solutions, offering significant cost and time savings.

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Boardwalktech Software Corp (TSXV:BWLK)(OTCQB:BWLKF) will present at the Planet MicroCap Showcase: VEGAS 2023 on April 26, 2023, at 10 AM PST. CEO Andrew T. Duncan will lead the presentation and participate in a Q&A session afterward.

Live access to the presentation can be found at: Webcast Link. Investors interested in 1x1 meetings can register for the event at: Registration Link. The conference will take place in Las Vegas, offering networking opportunities and insights into MicroCap investments.

For those unable to attend live, recorded presentations will be available on the conference platform under the $.

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Boardwalktech Software Corp. reported impressive financial results for Q3 FY23, with a 74% year-over-year revenue growth to $1.8 million, and a 90% year-over-year increase in annual recurring revenue (ARR) to $5.8 million. The company improved its Adjusted EBITDA loss by 52% year-over-year, reaching $(0.24) million. Gross margin rose to 91.5%, marking a substantial increase. The company anticipates achieving its revenue guidance of $6.5 million to $7.0 million for FY 2023 without the need for additional capital. Key operational developments include expanding contracts with Fortune 50 clients and the addition of notable advisory board members.

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Boardwalktech Software Corp (TSXV: BWLK, OTCQB: BWLKF) will announce its Q3 Fiscal 2023 financial results on February 22, 2023. Investors can join a conference call at 4:30 PM ET to discuss the results and ask questions. The quarterly financials will be released before market open on the same day. Boardwalktech is recognized for its Digital Ledger Technology Platform, used by Fortune 500 companies for managing structured and unstructured data efficiently. A replay of the call will be available until March 1, 2023.

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Boardwalktech Software Corp. (BWLKF) has announced the appointment of Jeff Evans, former EVP at Walmart, to its Advisory Board. This addition follows the recent inclusion of three other experienced advisors, enhancing the company's strategic guidance. Jeff Evans brings over 30 years of leadership experience in retail, aiming to leverage Boardwalktech's Digital Ledger Platform for growth in various sectors, including retail and financial services. CEO Andrew T. Duncan emphasized the importance of this advisory board in expanding into new markets and acquiring new customers. Boardwalktech's technology is aimed at enhancing enterprise data management efficiency.

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FAQ

What is the current stock price of BOARDWALKTECH SOFTWARE CP (BWLKF)?

The current stock price of BOARDWALKTECH SOFTWARE CP (BWLKF) is $0.095 as of January 30, 2025.

What is the market cap of BOARDWALKTECH SOFTWARE CP (BWLKF)?

The market cap of BOARDWALKTECH SOFTWARE CP (BWLKF) is approximately 5.8M.

What recent financial achievement did Boardwalktech Software Corp. announce?

Boardwalktech recently secured a three-year $US4.0 million Line-of-Credit facility with Celtic Bank for growth needs.

What partnership agreements has Boardwalktech engaged in recently?

The company signed agreements with Tata Consultancy Services and UST to deliver consulting and professional services in the financial services market.

What does Boardwalktech's Velocity product offer financial institutions?

Velocity provides a platform for financial institutions to transform Excel and Access based End User Computing environments into compliant, auditable solutions, offering cost and time savings.
BOARDWALKTECH SOFTWARE CP

OTC:BWLKF

BWLKF Rankings

BWLKF Stock Data

5.83M
51.28M
7.81%
18.76%
Software - Application
Technology
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United States of America
Cupertino