Welcome to our dedicated page for Onesoft Solution news (Ticker: OSSIF), a resource for investors and traders seeking the latest updates and insights on Onesoft Solution stock.
OneSoft Solutions Inc. (OSSIF) delivers cloud-based SaaS solutions transforming pipeline integrity management through its Cognitive Integrity Management (CIM) platform. This page aggregates official announcements, product updates, and strategic developments for investors and energy sector professionals.
Access timely updates on machine learning advancements, Azure Cloud integrations, and regulatory compliance tools critical for oil and gas operations. Track announcements spanning software enhancements, partnership agreements, and expansion into global markets with extensive pipeline networks.
Key focus areas include predictive maintenance algorithms, corrosion risk mitigation, and geohazard management solutions. Content reflects OneSoft’s commitment to modernizing industrial operations through data science and subscription-based SaaS models.
Bookmark this page for consolidated access to OSSIF’s verified news stream, ensuring informed decisions about technological innovations in critical infrastructure management.
Rhea-AI Summary
OneSoft Solutions Inc. will be presenting at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024. The company reported $10.4 million in revenue for 2023, a 51% increase over 2022, with a revenue guidance of $15-16 million for 2024. The COO highlighted the growth driven by SaaS solutions and expanding opportunities in the US and internationally. The presentation will be hosted by Brandon Taylor, with 1x1 investor meetings on May 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
-
Rhea-AI Summary
OneSoft Solutions Inc. announces the establishment of sales operations by its subsidiary, OneBridge Solutions, to target potential customers in the European, Middle East, and African regions with over 250,000 miles of oil and gas pipelines. The Company aims to expand its Cognitive Integrity Management Platform within EMEA through direct sales efforts, recruiting regional partners, and participating in industry events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
-
News
Rhea-AI Summary
OneSoft Solutions Inc. (OSSIF) reports a 51% increase in revenue for Fiscal 2023, reaching $10.4 million, with a 33% increase in Q4 2023. Gross profit improved by 60% to $7.8 million. Net loss decreased by $1.6 million to $1.4 million in Fiscal 2023. Cash and cash equivalents increased to $4.9 million. Adjusted EBITDA improved to a near-breakeven loss of $0.1 million. The Company's CIM platform continues to gain traction in the O&G industry, with expanded customer relationships and new functionality modules. Fiscal 2024 outlook includes revenue guidance of $15-16 million, representing a 44-54% increase over Fiscal 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
Rhea-AI Summary
OneSoft Solutions Inc. will release its Fiscal 2023 financial results on April 1, 2024, followed by a live webinar hosted by the CEO, President, and CFO on April 2, 2024. The webinar will provide Company updates and allow for attendee questions. Conference call details are provided for participant access.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
-
Rhea-AI Summary
OneSoft Solutions Inc. (OSSIF) has been recognized as a top performer by the TSX Venture Exchange in the Technology sector for its impressive growth metrics in 2023. The Technology sector saw significant market cap and share price appreciation, indicating strong investor interest. OneSoft's CEO highlighted the company's operational progress, with 50% year-over-year revenue growth and a path towards cash positive operations in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.21%
Tags
-
News
Rhea-AI Summary
OneSoft Solutions Inc. releases a corporate update with preliminary unaudited financial data for Fiscal 2023 and guidance for Fiscal 2024, showcasing a 51% revenue increase to $10.4 million and an improved Adjusted EBITDA from a loss of $2.0 million to a loss of $85,000. The company anticipates revenue growth in 2024, projecting revenue between $15 million to $16 million and Adjusted EBITDA between $1.6 million to $1.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
Tags
Rhea-AI Summary
OneSoft Solutions Inc. announces the release of new functionality modules at the Pipeline and Pigging Integrity Management conference, including Crack Management, Internal and External Corrosion Management, and Geohazard Management. The company showcases the integration of Modified MAT-8 and Pressure Cycle Fatigue Analysis into their Cognitive Integrity Management software, providing users with advanced crack assessment capabilities. Additionally, OneBridge introduces enhancements to their Internal Corrosion Management solution and Phase 1 components of their External Corrosion Management solution at the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
-
Rhea-AI Summary
OneSoft Solutions Inc. (OSS) renews the appointment of Sophic Capital Inc. as its Capital Markets Advisory firm, with a 12-month engagement on a fee-for-services basis of $7,000 per month. Sophic Capital will manage OneSoft's investor relations activities and has been granted 500,000 options to purchase OneSoft shares at a price of $0.75 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.07%
Tags
-
Rhea-AI Summary
OneSoft Solutions Inc. (TSXV:OSS)(OTCQB:OSSIF) announces a 33% and 59% increase in Q3 and year-to-date revenue, with Q3 Fiscal 2023 revenue at $2.8 million. The company's gross profit improved by 38.3% to $2.1 million, and net income increased by 139.6% to $118,892. OneSoft reiterates its Fiscal 2023 guidance with a forecasted revenue of $7.5 million year-to-date. The company's business operations and sales activities are progressing as expected, with a webcast scheduled to discuss the financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.31%
Tags
Rhea-AI Summary
OneSoft Solutions Inc. (OSS) announces the release of its third quarter fiscal 2023 financial results on November 16, 2023. A live webinar hosted by the CEO, CFO, and President will follow to review the results, provide updates, and answer investor questions. Conference call details are provided for participation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
Onesoft Solution