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Voxtur Analytics Corp (VXTRF) is a leading proptech company specializing in data analytics for the real estate lending industry. They provide innovative solutions for investors, lenders, and government agencies to streamline the lending lifecycle. With a focus on accurate valuation and due diligence, Voxtur offers transparent and efficient mortgage technology platforms in the US and Canada.
Voxtur Analytics Corp. (VXTRF) announced its innovative Attorney Opinion Letter (AOL) program following Fannie Mae's recent changes to the Single Family Selling Guide. This program offers a compliant alternative to traditional title insurance, significantly reducing closing costs for consumers. With backing from A rated carriers and strategic partnerships with law firms, Voxtur aims to enhance affordability in homeownership across the U.S. The company plans to expand the AOL service nationwide in the coming months, marking a potential shift in the mortgage industry toward lower costs and greater accessibility.
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) has announced its financial guidance for Q4 and FY 2021, expecting Q4 revenue to be between $34M and $39M, and full-year revenue between $92M and $97M. This marks a 349% year-over-year growth for FY 2021 and 468% growth for Q4 2021. For FY 2022, Voxtur anticipates revenue of $170M to $190M, representing an 85% year-over-year increase. Gross margin for Q4 2021 is projected between $12M and $14M, and for FY 2022, between $87M and $97M, indicating a potential 136% increase.
Voxtur Analytics Corp. has successfully completed the acquisition of Benutech, Inc. for a total consideration of US$5 million, along with common shares. Benutech enhances Voxtur's SaaS offerings by providing access to a substantial repository of real-time property data, benefiting real estate professionals. This acquisition is expected to increase Voxtur's recurring revenue and support its transition to a SaaS-based model. The deal remains subject to final approval by the TSX Venture Exchange.
Voxtur Analytics Corp. (VXTRF) announced its participation in the SNN Network Canada Virtual Event from December 7-9, 2021. Chief Investment Officer Jordan Ross will present the Company’s goal of becoming a leading provider in the property technology sector. During the event, Ross will also participate in a panel on Big Data & Artificial Intelligence on December 7 at 9:15 AM ET. Investors can register for the event and schedule one-on-one meetings via the event platform. Archived presentations will be available for those unable to attend live.
Voxtur Analytics Corp. (VXTRF) will participate in the SNN Network Canada Virtual Event from December 7-9, 2021. Chief Investment Officer Jordan Ross will present the company’s vision to become a leading provider of data and tech-enabled services in real estate. Ross will also join the Big Data & Artificial Intelligence panel on December 7 at 9:15 AM ET. Investors can attend the live event or access archived webcasts later. For more details, visit voxtur.com.
Voxtur Analytics reported outstanding financial results in Q3 2021, achieving $24.7 million in revenue, a 37% increase from Q2 and 402% year-over-year growth. Gross margin also rose to $9.5 million, up 15% from Q2 and 359% from Q3 2020. Key highlights include 91% of revenue originating from U.S. operations, an acquisition of Xome Valuations, and cash equivalents totaling $37.9 million. CEO Jim Albertelli expressed confidence in sustaining growth as the company transitions to a primarily SaaS-based revenue model.
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) announced plans to report its financial results for Q3 and the nine months ending September 30, 2021, on November 29, 2021, after market close. The conference call for analysts to discuss the results will occur on November 30, 2021, at 8:30 a.m. Eastern Time. Interested parties can join by calling (888) 743-7963 and using the Conference ID 8478848. Additionally, a recording of the call will be available until December 30, 2021. Voxtur aims to improve the real estate lending ecosystem through data analytics and technology.
Voxtur Analytics Corp. has signed a definitive agreement to acquire Benutech, Inc. for up to US$17 million, enhancing its innovative data solutions for the real estate industry. The deal includes US$7 million in common shares and US$5 million in cash, with additional shares possible based on performance metrics. This acquisition aims to streamline real estate processes, improve data accessibility, and utilize Benutech's extensive property data repository. Completion is subject to regulatory approvals and is expected in Q4 2021.
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) has completed the acquisition of RealWealth Technologies LLC, now rebranded as VoxturWealth. The total consideration for this acquisition was approximately $4.2 million, paid in common shares, with milestones linked to EBITDA targets. VoxturWealth aims to enhance real estate investment transparency through innovative tech and data-driven tools. This acquisition represents a strategic step towards Voxtur's goal of becoming a full-service real estate technology provider, pending final approval from the TSX Venture Exchange.
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