BOARDWALKTECH SOFTWARE CP - BWLKF STOCK NEWS

Boardwalktech Software Corp will attend the Planet MicroCap Showcase: VIRTUAL 2022 on December 6-8, 2022. CEO Andy Duncan will present on December 7 at 1:00 PM EST, with a Q&A session following. Investors can access the webcast here. One-on-one meetings are available for investors on December 7 and 8, with registration details here. Boardwalktech's patented Digital Ledger Technology supports major companies, enhancing data management and collaboration.

Boardwalktech Software Corp. (BWLKF) announced strong Q2-FY23 results, reporting revenue of $1.5 million, a 34% increase year-over-year. Recurring SaaS license revenues surged by 95%, contributing to an annual recurring revenue (ARR) of $5.5 million, a 66% increase. Gross margin improved to 90.3%. However, adjusted EBITDA reported a loss of $(0.7) million, with a net loss of $(1.2) million. The company maintains revenue guidance of $6.5 million to $7.0 million for FY23. Notable operational highlights include ongoing customer expansions and new license agreements.

Boardwalktech Software Corp will announce its fiscal Q2 2023 financial results on November 17, 2022, before market open. A conference call is scheduled for 4:30 PM ET the same day for investors and analysts to discuss the results. The call will cover the company's financial performance and allow for a Q&A session with the financial community. Boardwalktech specializes in Digital Ledger technology and aims to streamline enterprise information management applications, serving Fortune 500 clients globally.

Boardwalktech Software Corp (BWLKF) has announced its participation in several upcoming investor conferences in Q4 2022. Key events include:

• October 25-27: LD Micro Main Event XV in Los Angeles
• November 2: TakeStock Investor Series in Calgary
• November 9-10: Sidoti Micro-Cap Virtual Conference
• December 6-8: Planet Microcap Showcase

CEO Andy Duncan and CFO Charlie Glavin will present and engage with investors. Boardwalktech specializes in Digital Ledger technology, offering innovative solutions for enterprise applications.

Boardwalktech Software Corp has expanded its license with HCL Technologies and secured a new license with SiTime Corp to use its Digital Ledger Platform. This initiative is part of Boardwalktech's growth strategy and is expected to generate over $250,000 in incremental revenue within the next year, including $140,000 in recurring revenue. The partnerships aim to enhance supply chain management, inventory control, and customer demand alignment, showcasing Boardwalktech's potential in the enterprise software sector.

Boardwalktech Software Corp. announced its financial results for Q1 FY23, showing a remarkable 48% revenue growth to $1.51 million compared to the previous year. Additionally, the annual recurring revenue (ARR) reached $5.1 million, up 56% year-over-year, driven by a significant increase in SaaS licenses. Adjusted EBITDA improved by 53% year-over-year, with a loss of $(0.26 million). The company reported a net loss of $(0.8 million). It anticipates strong revenue guidance for FY23, projecting between $6.5 million and $7.0 million.

Boardwalktech Software Corp. (BWLKF, BWLK) will announce its fiscal Q1 2023 financial results on August 18, 2022, before the market opens. The company will host a conference call at 4:30 PM Eastern Time to discuss the results and answer questions from investors. Boardwalktech, based in Cupertino, California, offers a digital ledger platform utilized by Fortune 500 companies for enterprise applications. Their unique technology allows multiple parties to work simultaneously on shared data, enhancing efficiency and data integrity.

Boardwalktech Software Corp (TSXV: BWLK, OTCQB: BWLKF) has announced an expansion of its license and services contract with a leading global accounting firm, enhancing annual recurring revenue by $500,000 for the fiscal year. This contract, first initiated in 2018, underscores the growing demand for Boardwalktech's Digital Ledger Platform, which streamlines data management and analytics. CEO Andrew T. Duncan highlighted the contract's validation of the company's land-and-expand strategy, emphasizing the platform's role in improving data management and compliance across clients’ operations.

Boardwalktech Software Corp. reported strong FY22 results, with Q4 revenues of $1.20 million, a 23% increase year-over-year. Total FY22 revenue reached $4.38 million, showing solid growth. Annual Recurring Revenue (ARR) surged 30% to $3.7 million. The company expects FY23 revenue between $6.5 million and $7.0 million, indicating 49%-60% growth driven primarily by recurring license revenue. Despite an annual net loss of $(2.0 million), an improvement over last year, Boardwalktech remains confident in its path to profitability without needing equity financing.