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SPETZ INC (DBKSF) is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform connecting consumers to top-rated service providers in around 30 seconds. With a vision to revolutionize how people worldwide access services in their time of need, Spetz is available in the USA, UK, Australia, and Israel. Recently, the company celebrated surpassing one million completed service calls, highlighting its dedication to user experience and brand presence. Under the leadership of CEO Yossi Nevo, Spetz continues to focus on operational excellence, financial stability, and profitability, as evidenced by its significant revenue growth and expense reductions in recent financial reports.
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Spetz Inc. (DBKSF) achieves a milestone of surpassing one million completed service calls, showcasing its commitment to user experience and brand presence. The CEO emphasizes the dedication of the team and the mission to provide swift, reliable, and professional service to users, benefiting both homeowners and service providers.
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Spetz Inc. (SPTZ) appoints Ms. Nofar Shigani as Chief Financial Officer, bringing over six years of finance and accounting experience. As a former member of Ernst & Young (EY) and a Certified Public Accountant (CPA) in Israel, she possesses a deep understanding of US GAAP and IFRS reporting standards. Her expertise spans public company auditing, corporate finance, accounting, and financial management. Ms. Shigani previously held key financial positions within the Spetz group across Israel, the UK, Australia, and the USA, showcasing her leadership and financial acumen. The CEO expressed gratitude to the outgoing CFO, Mr. David Bhumgara, and welcomed Ms. Shigani as the ideal candidate to lead the company's financial operations and support ambitious growth plans.
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Spetz Inc. (SPTZ) has entered into an advisory services agreement with Jade Ventures Ltd. to facilitate introductions to global telecommunications companies. The agreement includes an initial six-month exclusivity period, with an option to extend for an additional six months. The partnership aims to identify and pursue strategic opportunities to expand Spetz's platform into new markets or extend its current reach through telecommunications services.
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SPETZ INC. (SPTZ) reported a 207% increase in revenue for the nine months ended September 30, 2023, reaching $1,632,000. Net loss after income tax expenses decreased by 53.1% to $739,000 for Q3 2023. Adjusted EBITDA loss decreased by 18.1% to $221,000 for Q3 2023, showing a positive trend in financial performance. CEO Yossi Nevo highlighted the company's efficiency plan, leading to a potential acceleration of operations and sustained cash flow positivity. Full financial information is available on the company's website and SEDAR.
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Spetz Inc. has completed an offering of secured convertible debentures and common share purchase warrants, raising $906,673 in gross proceeds. The debentures bear interest at a rate of 1% per month and can be converted into common shares at a conversion price of $0.24 per share. The proceeds will be used for general working capital purposes.
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Spetz Inc. launches AI voice activation channel for easy access to services.
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Spetz Inc. announces a share consolidation (reverse stock split) with a ratio of 1:100, reducing the issued and outstanding Common Shares to approximately 5,162,150. Shareholders' percentage ownership will not be affected. No action required by existing shareholders. Consolidation subject to CSE approval.
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Spetz Inc. plans to consolidate its common shares on a 100:1 basis, reducing the number of shares to approximately 5,162,150. Shareholders' ownership percentage will remain the same. No action is required from existing shareholders. The consolidation is subject to CSE approval.
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FAQ
What is the current stock price of Spetz (DBKSF)?
The current stock price of Spetz (DBKSF) is $1.01 as of February 7, 2025.
What is the market cap of Spetz (DBKSF)?
The market cap of Spetz (DBKSF) is approximately 5.8M.
What is SPETZ INC (DBKSF) known for?
SPETZ INC is known for operating Spetz, an AI-powered marketplace platform that connects consumers to top-rated service providers globally in around 30 seconds.
Where is SPETZ INC (DBKSF) available?
SPETZ INC operates in the USA, UK, Australia, and Israel, offering its services to users in these regions.
What recent milestone did SPETZ INC (DBKSF) achieve?
SPETZ INC recently celebrated surpassing one million completed service calls, demonstrating its commitment to user experience and brand presence.
Who leads SPETZ INC (DBKSF)?
Yossi Nevo is the CEO of SPETZ INC, leading the company's efforts towards operational excellence, financial stability, and profitability.
What financial achievements has SPETZ INC (DBKSF) recently reported?
SPETZ INC reported significant revenue growth and expense reductions in its recent financial reports, showcasing its focus on financial stability and operational excellence.
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