Voxtur Analytics Corp Stock Price, News & Analysis

Voxtur Analytics reported outstanding financial results in Q3 2021, achieving $24.7 million in revenue, a 37% increase from Q2 and 402% year-over-year growth. Gross margin also rose to $9.5 million, up 15% from Q2 and 359% from Q3 2020. Key highlights include 91% of revenue originating from U.S. operations, an acquisition of Xome Valuations, and cash equivalents totaling $37.9 million. CEO Jim Albertelli expressed confidence in sustaining growth as the company transitions to a primarily SaaS-based revenue model.

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) announced plans to report its financial results for Q3 and the nine months ending September 30, 2021, on November 29, 2021, after market close. The conference call for analysts to discuss the results will occur on November 30, 2021, at 8:30 a.m. Eastern Time. Interested parties can join by calling (888) 743-7963 and using the Conference ID 8478848. Additionally, a recording of the call will be available until December 30, 2021. Voxtur aims to improve the real estate lending ecosystem through data analytics and technology.

Voxtur Analytics Corp. has signed a definitive agreement to acquire Benutech, Inc. for up to US$17 million, enhancing its innovative data solutions for the real estate industry. The deal includes US$7 million in common shares and US$5 million in cash, with additional shares possible based on performance metrics. This acquisition aims to streamline real estate processes, improve data accessibility, and utilize Benutech's extensive property data repository. Completion is subject to regulatory approvals and is expected in Q4 2021.

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) has completed the acquisition of RealWealth Technologies LLC, now rebranded as VoxturWealth. The total consideration for this acquisition was approximately $4.2 million, paid in common shares, with milestones linked to EBITDA targets. VoxturWealth aims to enhance real estate investment transparency through innovative tech and data-driven tools. This acquisition represents a strategic step towards Voxtur's goal of becoming a full-service real estate technology provider, pending final approval from the TSX Venture Exchange.

Voxtur Analytics Corp. (TSXV: VXTR | OTCQB: VXTRF) announced its participation in the OTC Markets Small Cap Growth Conference on October 7, 2021. The company's CEO, Jim Albertelli, will present Voxtur's vision of becoming a leading provider in real estate technology. The virtual conference will allow real-time Q&A from investors, with an archived webcast available later. Voxtur specializes in data analytics and tech-enabled services for real estate lending, simplifying processes such as property valuation and tax solutions in the U.S. and Canada.

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) has announced the acquisition of RealWealth Technologies LLC, which will be renamed VoxturWealth. The deal includes the issuance of three million common shares at closing and an additional two million shares contingent on achieving specific EBITDA targets. This acquisition aims to enhance Voxtur's technology solutions in the real estate sector, offering a trusted platform for property management. However, completion is subject to regulatory approvals, and there are risks associated with the acquisition process.

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) announced the appointment of Marcum LLP as its new independent auditor, effective September 15, 2021, following the resignation of KPMG LLP. The change has been approved by the Company’s Audit Committee and Board of Directors without any reservations from the former auditor regarding past financial reports. Voxtur, focused on transforming the real estate lending ecosystem, provides data analytics and technology solutions for investors and lenders across the U.S. and Canada.

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.