Voxtur Analytics Corp Stock Price, News & Analysis

Voxtur Analytics Corp. (VXTRF) announced the grant of 1,750,000 stock options to its non-management Directors, with an exercise price of $0.80, expiring in five years. Vesting occurs quarterly. Additionally, Voxtur has engaged Venture North Capital Inc. for investor relations, paying CAD $7,500 plus options for 360,000 common shares at CAD $1.00. Options will vest in stages and expire after 30 days from termination or within five years. This engagement is pending TSXV approval.

Voxtur Analytics Corp. (VXTRF) has completed the acquisition of Xome Services LLC and Xome Valuation Services LLC for approximately $15 million, comprising $6 million in shares and $9 million in cash. This acquisition enhances Voxtur's capabilities in the valuation management field, providing a scalable platform for revenue growth through its Anow SaaS offerings. The transaction received approval from the TSX Venture Exchange and is expected to fortify Voxtur’s position as a leader in the U.S. property data market.

Voxtur reported a remarkable 301% year-over-year revenue growth for Q2 2021, totaling $18M, a 25% increase from Q1 2021. Year-to-date revenue is $32M, reflecting a 238% increase. The company attributes 89% of its revenue to U.S. operations, up from 59% in the previous year. Ending Q2 2021, Voxtur had $38M in cash and cash equivalents. The CEO emphasized the company's shift towards a SaaS-based revenue model and its unique AI-enabled valuation platform.

Voxtur Analytics Corp. (VXTRF) will announce its financial results for the quarter ending June 30, 2021, on August 30, 2021. The company focuses on enhancing transparency in real estate lending through data analytics, offering services in tax solutions, property valuation, and settlement throughout the lending lifecycle. A conference call is scheduled for August 31, 2021, at 8:30 a.m. ET, where management will discuss the results and answer analyst questions. The call can be accessed by dialing (888) 743-7963 with Conference ID 8292905.

Voxtur Analytics Corp. has entered into a purchase agreement to acquire Xome Valuations, a key player in the real estate valuation sector, for approximately US$15 million. This includes US$6 million in common shares and US$9 million in cash. The acquisition will enhance Voxtur’s technology platform and brand strength in the valuation market. Completion is expected by Q3 2021, pending regulatory approvals. This strategic move aims to improve operational efficiencies and client engagement in real estate finance, furthering Voxtur's mission for a transparent financial ecosystem.

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) announced that Gary Yeoman, Executive Chairman, and Jim Albertelli, CEO, acquired 6,413,042 and 1,000,000 Restricted Share Units, respectively, on June 10, 2021. Yeoman sold 5,000,000 common shares to settle taxes from RSUs' vesting and to support his relocation to the U.S. for business expansion. Yeoman's new shareholding is 24,853,633 common shares, up from 23,440,591 as of March 31, 2021. Additionally, James E. Albertelli converted 54,227,816 non-voting shares into common shares as part of Voxtur's strategy to grow its U.S. operations.

Voxtur Analytics Corp. (TSXV:VXTR; OTCQB:VXTRF) announced results from its Annual and Special Meeting held on June 10, 2021. Shareholders increased the board size to ten directors and elected new members, emphasizing growth and innovation. The meeting also saw the re-appointment of KPMG LLP as auditor and the approval of amendments to the Stock Option Plan and Restricted Share Unit Plan. Key management changes were made, with Jim Albertelli appointed CEO, Angela Little as CFO, and Gary Yeoman becoming Executive Chairman, reflecting a strategic shift in leadership.

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) has signed a non-binding letter of intent to acquire Benutech, Inc., a leading provider of data solutions for real estate professionals. This acquisition aims to enhance Voxtur's SaaS offerings, providing better data control for real estate finance firms. Benutech's platforms, including Title Toolbox and ReboGateway, are expected to improve operational efficiencies and market responsiveness. The transaction remains subject to regulatory approvals, and there is no guarantee of completion.

Voxtur Analytics Corp. (TSXV:VXTR; OTCQB:VXTRF) has engaged Arrowhead Business and Investment Decisions, LLC for investor relations services as of June 7, 2021. The partnership aims to enhance investor community engagement, refine corporate materials, and manage investor relationships. Arrowhead's services will be provided for an initial term until November 27, 2021, with a cash compensation of USD$40,000. Voxtur specializes in real estate technology, offering data analytics to streamline tax solutions and property valuation throughout the lending lifecycle in the U.S. and Canada.