Beyond Commerce Provides Outlook for 2021

Rhea-AI Summary

Beyond Commerce, Inc. (OTC PINK:BYOC) announced its 2021 outlook, focusing on enhancing shareholder value through strategic acquisitions and organic growth. CEO Geordan Pursglove highlighted potential acquisition targets generating between $5 million and $50 million in annual revenues, emphasizing their cash flow positivity and growth rates exceeding 20%. The company anticipates achieving a 20% organic revenue growth from existing clients, while also working on improving its balance sheet and moving to a listed exchange. The marketing analytics software market is projected to reach USD 7.43 billion by 2027.

Positive

• Acquisition targets with revenues of $5 million to $50 million identified.
• Potential for 20% organic revenue growth based on current contracts.
• Plans to improve balance sheet and move to a listed exchange.
• Marketing analytics software market expected to grow significantly.

Negative

• None.

Robust Pipeline of Acquisitions Expected to Drive Sizable Revenue Growth in 2021

LAS VEGAS, NV / ACCESSWIRE / April 22, 2021 / Beyond Commerce, Inc. (OTC PINK:BYOC) (the "Company"), a provider of B2B internet marketing analytics, technologies and services, today announced its outlook for 2021. Geordan Pursglove, Beyond Commerce's Chief Executive Officer, commented, "My primary objectives are to drive shareholder value by leveraging off our existing businesses and acquire additional businesses. We are actively engaged in discussions with acquisition targets that range from $5 million to more than $50 million in annual revenues, are cash flow positive, growing revenues 20%+ annually and require minimal operational capital. We have the ability to receive funds from an institutional investor that gives us the ability to expand and do so at a rapid pace." Mr. Pursglove continues, "We believe we can achieve 20% organic revenue growth based on existing clients and current contracts... In addition, we are focused on improving our balance sheet and moving to a listed exchange as soon as possible."

The global marketing analytics software market size is expected to reach USD 7.43 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.8% from 2020 to 2027. The integration of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML) offers promising growth prospects for the market. AI is expected to help marketers deliver the right brand message across different marketing channels and improve search results, which lead to desired landing pages and websites.

About Beyond Commerce, Inc.

Beyond Commerce, Inc. (OTC PINK:BYOC) is focused on business combinations of "big data" companies in global B2B internet marketing analytics, technologies and services. The Company's objective is to develop and deploy disruptive strategic software technology that will build on organic growth potential and to exploit cross-selling opportunities. Beyond Commerce plans to offer a cohesive global digital product and services platform to provide clients with a single point of contact for their big data, marketing and related sales initiatives. For additional information, please visit: https://beyondcommerceinc.com and https://www.service800.com.

Twitter: @incbyoc
Facebook: fb.me/incbyoc

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are subject to the "safe harbor" created by those sections for such statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "design," "estimate," "except," "forecast," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," or the negatives or other tense of such terms and other similar expressions intended to identify forward-looking statements and similar expressions. We use forward-looking statements relate to future events or future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels or activity, performance or achievements expressed or implied by these forward-looking statements.

Contact Information:
investors@beyondcommerceinc.com

ClearThink
nyc@clearthink.capital

SOURCE: Beyond Commerce, Inc.

View source version on accesswire.com:
https://www.accesswire.com/641709/Beyond-Commerce-Provides-Outlook-for-2021

FAQ

What is Beyond Commerce's (BYOC) revenue growth outlook for 2021?

Beyond Commerce expects to achieve 20% organic revenue growth based on existing clients and current contracts in 2021.

What type of acquisitions is Beyond Commerce pursuing?

Beyond Commerce is pursuing acquisitions of businesses with annual revenues between $5 million and $50 million, which are cash flow positive and growing at over 20% annually.

What is the projected growth of the marketing analytics software market?

The marketing analytics software market is projected to reach USD 7.43 billion by 2027, expanding at a CAGR of 14.8% from 2020 to 2027.

Is Beyond Commerce planning to move to a listed exchange?

Yes, Beyond Commerce is focused on improving its balance sheet and moving to a listed exchange as soon as possible.