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Beyond Commerce (OTC PINK: BYOC) has announced a new partnership with Metrasens, a leader in magnetic detection systems. This collaboration will enable Service 800, a subsidiary, to develop programs measuring customer service. The goal is to enhance customer journey metrics. CEO Geordan Pursglove expressed excitement about this partnership, emphasizing its importance for long-term relationships. Beyond Commerce focuses on B2B internet marketing analytics and aims to provide a unified digital product platform to help clients leverage big data.
Beyond Commerce, Inc. (OTC PINK: BYOC) reported a 21% revenue increase, totaling $2.0 million for the first half of 2020. Gross profit rose 11% to $1.4 million, achieving a gross margin of 67%. However, the operating loss expanded by 45% to $1.3 million. The company also reported a significant 71% decrease in net loss, now at $2.6 million. Beyond Commerce plans to acquire E.G. Insight, projected to add approximately $1 million in annual revenue.