Nerds On Site Inc. reports news on its cybersecurity, managed IT, and mobile technology services for small and medium-sized enterprises, corporate clients, and residential technology users in Canada and the United States. The company was founded in 1995 and operates through a distributed contractor network, with recurring business-client revenue and service delivery across on-site and outsourced IT support.
Company updates commonly cover quarterly financial results, gross margin and cost-management trends, recurring revenue growth, cybersecurity service adoption, managed-services offerings, U.S. expansion activity, and partnerships that extend access to customer groups such as high-rise residents and small-office/home-office users.
Nerds On Site (CSE:NERD, OTCQB:NOSUF) announces the launch of its Cyber-Security Snapshot initiative, aimed at enhancing protection for over 12,000 existing clients through complimentary security assessments. CEO Charlie Regan emphasized the initiative's proactive approach to combat the rising cyber-crime threat, particularly for SMEs. The company boasts a solid reputation with approximately $10 million in annual revenue and a 98.5% customer satisfaction rating. This program aims to fortify client trust and satisfaction, further establishing Nerds as a leader in cyber-security solutions.
Nerds On Site Inc. (CSE: NERD, OTCQB: NOSUF) announced the issuance of 2,798,059 subordinate voting shares as compensation to employees and directors at a deemed price of $0.15, subject to a four-month hold period. With annual revenues of approximately $10 million, the company serves over 12,000 clients per year, boasting a 96.5% customer satisfaction rating. Established in 1995, Nerds On Site specializes in mobile IT solutions for Small and Medium-Sized Enterprises in Canada and the USA.
Nerds On Site Inc. (CSE: NERD) (OTCQB: NOSUF) announced the issuance of 4,000,000 stock options to management under its incentive stock option plan. Each option allows purchasing one common share at $0.15 for five years. The Company, which provides IT solutions to SMEs in Canada and the USA, boasts annual revenues of approximately $10 million and a 96.5% customer satisfaction rating, serving over 12,000 clients. The Company's franchise model supports its US expansion strategy.
Nerds On Site Inc. (CSE: NERD, OTCQB: NOSUF) announced financial results for the quarter ended February 28, 2021, reporting a record $2.8 million in revenue, up from $2.7 million in Q3 2020. The company reduced its net loss to $(76,839) from $(206,947) year-over-year and cut operating expenses to $(822,749) from $(1,054,051). CEO Charlie Regan highlighted a new partnership with Staples Canada and anticipated profitability in the latter half of 2021. The company serves over 12,000 clients annually with a customer satisfaction rating of 96.5%.