Welcome to our dedicated page for Boardwalktech So news (Ticker: BWLKF), a resource for investors and traders seeking the latest updates and insights on Boardwalktech So stock.
About Boardwalktech Software Corp. (BWLKF)
Boardwalktech Software Corp. is a cutting-edge enterprise software company specializing in digital ledger technology, a patented platform designed to manage vast amounts of structured and unstructured data. Headquartered in Cupertino, California, with operations in North America and India, Boardwalktech serves a global clientele, including Fortune 500 companies. Its innovative solutions are tailored to enable real-time collaboration across multiple parties, ensuring data fidelity, provenance, and security.
Core Technology and Offerings
At the heart of Boardwalktech's value proposition is its Digital Ledger Technology Platform, which uniquely allows simultaneous data collaboration among multiple parties while preserving the integrity and history of the data. This technology powers a range of enterprise applications, including:
- Boardwalk Velocity: A transformative platform for financial institutions to remediate and modernize Excel and Access-based End User Computing (EUC) environments into compliant, auditable, and scalable systems. Velocity is particularly valuable for meeting regulatory requirements like OCC and Dodd-Frank risk modeling.
- Unity Central: A supply chain management solution designed to enhance visibility, optimize order execution, and provide actionable insights through predictive analytics and document management capabilities. This platform addresses the complexities of global supply chains by linking structured and unstructured data for improved decision-making.
Industry Applications
Boardwalktech's solutions are highly versatile, catering to industries with complex data management needs, including:
- Financial Services: Used by top-tier banks and financial institutions to ensure compliance, mitigate risks, and streamline operations.
- Supply Chain Management: Enhances operational efficiency, visibility, and customer satisfaction through advanced data integration and analytics.
- Enterprise Information Management: Delivers collaborative, purpose-built applications that integrate seamlessly with existing enterprise systems of record.
Strategic Partnerships
Boardwalktech has forged key partnerships with industry leaders like Tata Consultancy Services (TCS) and UST, leveraging their expertise and networks to expand its market reach. These collaborations enable the company to deploy its solutions at scale, particularly in the financial services and supply chain sectors.
Competitive Edge
What sets Boardwalktech apart is its patented approach to digital ledger technology, which offers unmatched capabilities for data collaboration and management. Its platforms provide significant ROI, as evidenced by client success stories, including a 10x improvement in deployment time and cost savings compared to traditional solutions. By addressing critical pain points such as compliance, risk management, and supply chain inefficiencies, Boardwalktech has established itself as a trusted partner for enterprise transformation.
Market Position and Vision
Positioned at the intersection of enterprise software and blockchain-inspired technologies, Boardwalktech is uniquely equipped to address the evolving needs of modern businesses. Its focus on recurring revenue growth through SaaS licensing, coupled with its "land and expand" strategy, underscores its commitment to long-term value creation. With a robust pipeline of opportunities and ongoing innovations, the company is well-positioned to drive sustainable growth and deliver measurable impact for its clients.
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.
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.
Boardwalktech Software Corp (BWLKF) announced an expansion of its contract with a Fortune 50 technology company to enhance data management and supply chain visibility solutions. This extension is projected to generate an initial revenue of $400,000 from license and services as they enter the production phase. Utilizing Boardwalk's Digital Ledger platform will allow the client to streamline their global supply chain management, providing improved insights and decision-making. Future announcements regarding project progress are anticipated in Q1 2023.
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.
FAQ
What is the current stock price of Boardwalktech So (BWLKF)?
What is the market cap of Boardwalktech So (BWLKF)?
What is Boardwalktech Software Corp. known for?
What industries does Boardwalktech serve?
What are Boardwalktech's core products?
How does Boardwalktech differentiate itself from competitors?
Who are Boardwalktech's key partners?
Where is Boardwalktech headquartered?
What is the primary revenue model for Boardwalktech?
What is the significance of Boardwalk Velocity?
How does Unity Central improve supply chain management?
What is Boardwalktech's competitive advantage?
