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Boardwalktech Software Corp. reports developments tied to its digital-ledger and AI-enabled enterprise software for intelligent information management. Company updates commonly cover customer contracts, renewals, and deployments involving the Boardwalk Digital Ledger Platform, Unity Central, Velocity, and Verity across financial services, semiconductor, chemical, and enterprise IT environments.
News also includes product launches for controls automation and AI governance, quarterly financial results prepared under IFRS, annual meeting voting outcomes, advisory-board appointments, and commentary on recurring revenue from enterprise software engagements. The company trades as BWLK on the TSX Venture Exchange and as BWLKF on the OTCQB market.
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Boardwalktech Software Corp (TSXV: BWLK, OTCQB: BWLKF) will announce its Q3 Fiscal 2023 financial results on February 22, 2023. Investors can join a conference call at 4:30 PM ET to discuss the results and ask questions. The quarterly financials will be released before market open on the same day. Boardwalktech is recognized for its Digital Ledger Technology Platform, used by Fortune 500 companies for managing structured and unstructured data efficiently. A replay of the call will be available until March 1, 2023.
Boardwalktech Software Corp. (BWLKF) has announced the appointment of Jeff Evans, former EVP at Walmart, to its Advisory Board. This addition follows the recent inclusion of three other experienced advisors, enhancing the company's strategic guidance. Jeff Evans brings over 30 years of leadership experience in retail, aiming to leverage Boardwalktech's Digital Ledger Platform for growth in various sectors, including retail and financial services. CEO Andrew T. Duncan emphasized the importance of this advisory board in expanding into new markets and acquiring new customers. Boardwalktech's technology is aimed at enhancing enterprise data management efficiency.
Boardwalktech Software Corp (BWLKF) announced an expansion of its contract with a Fortune 50 technology company to enhance data management and supply chain visibility solutions. This extension is projected to generate an initial revenue of $400,000 from license and services as they enter the production phase. Utilizing Boardwalk's Digital Ledger platform will allow the client to streamline their global supply chain management, providing improved insights and decision-making. Future announcements regarding project progress are anticipated in Q1 2023.
Boardwalktech Software Corp will attend the Planet MicroCap Showcase: VIRTUAL 2022 on December 6-8, 2022. CEO Andy Duncan will present on December 7 at 1:00 PM EST, with a Q&A session following. Investors can access the webcast here. One-on-one meetings are available for investors on December 7 and 8, with registration details here. Boardwalktech's patented Digital Ledger Technology supports major companies, enhancing data management and collaboration.
Boardwalktech Software Corp. (BWLKF) announced strong Q2-FY23 results, reporting revenue of $1.5 million, a 34% increase year-over-year. Recurring SaaS license revenues surged by 95%, contributing to an annual recurring revenue (ARR) of $5.5 million, a 66% increase. Gross margin improved to 90.3%. However, adjusted EBITDA reported a loss of $(0.7) million, with a net loss of $(1.2) million. The company maintains revenue guidance of $6.5 million to $7.0 million for FY23. Notable operational highlights include ongoing customer expansions and new license agreements.
Boardwalktech Software Corp will announce its fiscal Q2 2023 financial results on November 17, 2022, before market open. A conference call is scheduled for 4:30 PM ET the same day for investors and analysts to discuss the results. The call will cover the company's financial performance and allow for a Q&A session with the financial community. Boardwalktech specializes in Digital Ledger technology and aims to streamline enterprise information management applications, serving Fortune 500 clients globally.
Boardwalktech Software Corp (BWLKF) has announced its participation in several upcoming investor conferences in Q4 2022. Key events include:
- October 25-27: LD Micro Main Event XV in Los Angeles
- November 2: TakeStock Investor Series in Calgary
- November 9-10: Sidoti Micro-Cap Virtual Conference
- December 6-8: Planet Microcap Showcase
CEO Andy Duncan and CFO Charlie Glavin will present and engage with investors. Boardwalktech specializes in Digital Ledger technology, offering innovative solutions for enterprise applications.
Boardwalktech Software Corp has expanded its license with HCL Technologies and secured a new license with SiTime Corp to use its Digital Ledger Platform. This initiative is part of Boardwalktech's growth strategy and is expected to generate over $250,000 in incremental revenue within the next year, including $140,000 in recurring revenue. The partnerships aim to enhance supply chain management, inventory control, and customer demand alignment, showcasing Boardwalktech's potential in the enterprise software sector.
Boardwalktech Software Corp. announced its financial results for Q1 FY23, showing a remarkable 48% revenue growth to $1.51 million compared to the previous year. Additionally, the annual recurring revenue (ARR) reached $5.1 million, up 56% year-over-year, driven by a significant increase in SaaS licenses. Adjusted EBITDA improved by 53% year-over-year, with a loss of $(0.26 million). The company reported a net loss of $(0.8 million). It anticipates strong revenue guidance for FY23, projecting between $6.5 million and $7.0 million.