Welcome to our dedicated page for Voxtur Analytics news (Ticker: VXTRF), a resource for investors and traders seeking the latest updates and insights on Voxtur Analytics stock.
Voxtur Analytics Corp (VXTRF) delivers innovative PropTech solutions through advanced data analytics and digital workflow platforms for the mortgage and real estate sectors. This news hub provides investors and industry professionals with timely updates on corporate developments, strategic initiatives, and market positioning.
Access official press releases and curated analysis covering earnings announcements, technology partnerships, product enhancements, and regulatory developments. Our repository ensures stakeholders stay informed about Voxtur's progress in transforming property valuation processes and lending lifecycle management across North American markets.
Key updates include product launch details, strategic acquisitions, and financial performance reports that impact Voxtur's role in mortgage technology ecosystem. Bookmark this page for verified information about the company's data-driven solutions for lenders, servicers, and government agencies.
Voxtur Analytics Corp. announced the acquisition of Municipal Tax Equity Consultants Inc. and MTE Paralegal Professional Corporation for up to $4.4 million. This transaction, set to close by July 1, 2022, aims to enhance Voxtur's technology solutions for municipalities, potentially boosting efficiency and maximizing property tax revenues.
Financially, the acquisition is expected to bring positive EBITDA immediately. The deal involves a mix of cash and common shares, with an initial $800,000 to be paid in shares at $0.99 each.
Voxtur Analytics Corp reported a remarkable 182% increase in revenue for Q1 2022, totaling $40.8 million, compared to Q1 2021. Revenue from US operations represented 96% of total revenue, up from 87% year-over-year. Gross profit also soared by 93%, reaching $13.9 million. The company continues to develop its SaaS-based solutions, enhancing market share through strategic partnerships and reinvesting profits for growth. The earnings call is scheduled for May 31, 2022, to discuss these results.
Voxtur Analytics Corp. (OTCQB: VXTRF) will release its financial results for the first quarter ending March 31, 2022, on May 30, 2022. The company aims to enhance the real estate lending ecosystem through technology. A conference call is scheduled for May 31, 2022, at 9 a.m. ET, where management will discuss the financial results and recent developments. Interested participants can access the call by dialing (866) 374-5140. A recording will be available until June 30, 2022, for those unable to join live.
Voxtur Analytics Corp. announced impressive financial results for Q4 and FY 2021, with revenue jumping 57% quarter-over-quarter and 368% year-over-year, totaling $38.7M for Q4 and $95.9M for the year. Gross profit also surged by 33% and 300%, reaching $12.6M and $37.3M respectively. Notably, 91% of the annual revenue came from U.S. operations, up from 63% in 2020. The company completed the acquisition of Benutech to bolster its position in the real estate technology sector. Voxtur continues to focus on growth and innovation.
Voxtur Analytics Corp. (OTCQB: VXTRF) announced plans to release its financial results for the fourth quarter and fiscal year ended December 31, 2021, on May 2, 2022. This will include a review of corporate developments during a conference call at 9 a.m. Eastern Time on the same day. Interested participants can access the call live by dialing (866) 374-5140 with the passcode 95795053. A digital recording of the call will be available for replay until June 2, 2022. Voxtur aims to transform the real estate lending ecosystem through innovative technology solutions.
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.
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