ONESOFT SOLUTIONS INC - OSSIF STOCK NEWS

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OneSoft Solutions Inc. (symbol: OSSIF) is a leading North American developer of cloud-based business solutions, offering software technology to transition legacy applications to the Microsoft Azure Cloud Platform. The company's Cognitive Integrity Management ("CIM") platform uses Data Science and Machine Learning to analyze big data for Oil & Gas pipeline operators, predicting pipeline failures and ensuring regulatory compliance. With recent international expansions and strategic partnerships, OneSoft Solutions is pioneering cost-efficient, subscription-based SaaS solutions, positioning itself as a global leader in the industry.

10/30/2023 09:00 AM

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OneSoft Announces Change in Board of Directors

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OneSoft Solutions Inc. announced the resignation of Ron Odynski as a Director due to personal health issues. Mr. Odynski has been with the company since its formation in 1996. He will continue to support OneSoft until a successor is recruited.

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09/29/2023 10:00 AM

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OneSoft Solutions Inc. Places Number 269 on The Globe and Mail's Fifth-Annual Ranking of Canada's Top Growing Companies

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OneSoft Solutions Inc. ranks number 269 on Canada's Top Growing Companies list with three-year revenue growth of 154%.

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0.36%

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09/29/2023 09:45 AM

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OneSoft Solutions Inc. Grants Stock Options and Restricted Share Units

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OneSoft Solutions granted stock options and RSUs to retain and attract employees with expertise in machine learning and data science. 1,189,007 stock options were granted with a strike price of $0.75, vesting over 3 years. Additionally, 2,679,000 RSUs were granted, vesting over 3 or 5 years. RSUs will vest annually for Brandon Taylor, President and COO, for the next 5 years.

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08/17/2023 07:00 AM

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OneSoft Solutions Inc. Reports Q2 2023 Results for Fiscal 2023

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OneSoft Solutions Inc. (TSXV:OSS)(OTCQB:OSSIF) announces its financial results for Q2 and Year to Date, with revenue increasing by 87% and 80% respectively, and net loss reduced by 43% and 41% year over year. Gross profit increased by 109% and gross profit percentage improved to 75.9% in Q2 2023. The company plans to increase development staff, which may impact net loss and Adjusted EBITDA figures. Management believes the forecasted figures for 2023 will be achieved.

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08/11/2023 09:00 AM

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OneSoft Solutions Inc. Announces Release Dates for Q2 2023 Financial Results and Earnings Webcast / Conference Call

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OneSoft Solutions Inc. plans to release its second quarter of fiscal 2023 financial results on August 17, 2023. The CEO, President & COO, and CFO will host a live webcast to review the results and provide updates.

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5.95%

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07/20/2023 07:00 AM

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Multinational Industry Leader Adopts OneSoft's CIM Solution

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2.95%

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05/26/2023 04:30 PM

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OneSoft Report Results of AGSM and Grant of Stock Options

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OneSoft Solutions Inc. announces the successful completion of the Annual General and Special Meeting of shareholders. Resolutions were passed, and stock options were granted to Directors, Officers, and senior executives.

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05/18/2023 07:00 AM

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OneBridge Integrates Modified MAT-8 Pipeline Fracture Prediction Model into CIM Functionality

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OneSoft Solutions' subsidiary, OneBridge Solutions, has entered into a technology sharing agreement with TL Anderson Consulting to integrate Anderson's Modified MAT-8 pipeline fracture prediction model into OneBridge's Cognitive Integrity Management software-as-a-service solution. This collaboration will provide customers with an advanced cloud-based offering, improving threat detection and mitigation processes for operators.

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05/17/2023 07:00 AM

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OneSoft Solutions Inc. Reports Results for First Quarter ended March 31, 2023 and Provides A Business Update

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5.26%

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04/21/2023 07:00 AM

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OneSoft Solutions Presenting at April’s Planet MicroCap Showcase: VEGAS 2023

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OneSoft Solutions Inc. (TSXV:OSS)(OTCQB:OSSIF) announced that President and COO Brandon Taylor will present at the Planet MicroCap Showcase: VEGAS 2023 on April 26, 2023. The Company has achieved a 76% CAGR in revenue over 6.5 years and anticipates revenue growth of approximately 50% in 2023, projecting to exceed $10 million. Currently, only 54% of the customer pipeline miles under contract are generating revenue, highlighting future growth potential. OneSoft's solutions are gaining recognition as industry standards among U.S. pipeline operators, including Fortune 50 companies. The Company expects no additional capital requirement for its operations. Investors can register for 1x1 meetings with Taylor during the event.

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FAQ

What is the current stock price of ONESOFT SOLUTIONS (OSSIF)?

The current stock price of ONESOFT SOLUTIONS (OSSIF) is $0.63 as of October 15, 2024.

What is the market cap of ONESOFT SOLUTIONS (OSSIF)?

The market cap of ONESOFT SOLUTIONS (OSSIF) is approximately 77.0M.

What does OneSoft Solutions Inc. specialize in?

OneSoft Solutions focuses on developing cloud-based business solutions and software technology to transition legacy applications to the Microsoft Azure Cloud Platform.

What is the Cognitive Integrity Management platform?

The Cognitive Integrity Management platform, known as CIM, utilizes Data Science and Machine Learning to analyze big data for Oil & Gas pipeline operators, predicting pipeline failures and ensuring regulatory compliance.

What recent achievements has OneSoft Solutions Inc. accomplished?

OneSoft Solutions has signed multi-year agreements with international clients, expanded its customer base, and established strategic partnerships to drive growth and innovation in the industry.

How is OneSoft Solutions positioning itself in the market?

With a focus on cost-efficient, subscription-based SaaS solutions, OneSoft Solutions is leading the industry in providing advanced software technology and predictive analytics to enhance operational efficiency for pipeline operators.