Company Description
Nerds On Site Inc. (OTCQB: NOSUF, CSE: NERD) is an information technology company that focuses on managed IT services and cybersecurity for businesses and individuals across North America. Founded in 1995 in London, Ontario, the company positions itself as a business technology partner, delivering secure, scalable and cost-effective technology solutions to Small- and Medium-Sized Enterprises (SMEs), corporate clients and residential users.
Nerds On Site operates in the data processing, hosting, and related services industry within the broader information sector. The company describes itself as a mobile IT solutions provider, with a network of highly skilled IT professionals who deliver on-site and remote services. Over the years, Nerds On Site has served more than 12,000 clients per year and reports very high client satisfaction based on tens of thousands of five‑star reviews.
Core Services and Business Focus
According to multiple company announcements, Nerds On Site specializes in managed IT and cybersecurity services tailored primarily to SMEs. It serves as an IT solution specialist for small and medium-sized enterprises by providing technology services that support day‑to‑day operations and data protection. The company also provides IT and cybersecurity services to residential clients, including home and small office/home office (SOHO) users.
Nerds On Site has emphasized a security‑first IT approach, recommending and implementing cyber protection solutions intended to keep clients safe from cyber threats. The company has launched initiatives such as the Cyber‑Security Snapshot program, which offers existing clients a free security assessment and progressive solutions to help prevent cyber‑crime incidents. It has also introduced the SME‑Edge solution, described as a comprehensive cybersecurity offering that includes a fully managed network and internet traffic gateway with zero‑trust capabilities and patented cybersecurity protection designed to prevent information‑leaking incidents caused by data breaches.
Cybersecurity and Risk Management Expansion
Recent disclosures highlight Nerds On Site’s focus on expanding its offerings in cybersecurity and risk aversion. The company reports that it is working to strengthen partnerships in the risk management and cyber insurance space, aiming to address evolving business needs. Management has indicated that increasing demand for outsourced IT and cybersecurity solutions among SMEs has contributed to revenue growth.
The company states that it continues to expand its cybersecurity services, including managed security services and solutions designed for SMEs. The SME‑Edge solution, in particular, is described as protecting millions of client devices and is intended to be easily configured to work with existing client IT infrastructure.
Service Delivery Model and Geographic Reach
Nerds On Site describes itself as a mobile IT solutions company with a local presence in most major cities across Canada and in many U.S. states. The company indicates that it can provide cost‑effective, prompt and reliable on‑site technology and cybersecurity services across Canada and the USA. Its business model is based on sub‑contracts in Canada and a franchise model for U.S. expansion, with a collegial network of cybersecurity and technology experts and strategic partners across North America.
The company reports that it services SMEs and corporate clients in Canada and the United States, and that it also supports residential and SOHO clients. In a partnership announcement, Nerds On Site notes that it has a local presence in most major Canadian cities and in 44 U.S. states, enabling it to provide on‑site services to clients in those markets.
Client Base and Satisfaction
Nerds On Site has repeatedly disclosed that it serves more than 12,000 clients per year, primarily SMEs but also residential users. The company reports a high level of client satisfaction, citing ratings above 96% and tens of thousands of five‑star reviews in various press releases. It characterizes itself as a trusted partner for clients who rely on outsourced IT and cybersecurity services.
In its communications, the company highlights that SMEs often lack advanced cyber protection and awareness, and positions its cybersecurity initiatives as a way to help these clients address increasing cyber‑crime risks. The Cyber‑Security Snapshot program and SME‑Edge solution are presented as examples of this focus.
Key Initiatives and Divisions
Nerds On Site has announced several initiatives and internal divisions intended to support its growth and service offerings:
- Cyber‑Security Snapshot: An initiative offering existing clients a free security assessment and recommendations for cybersecurity improvements.
- SME‑Edge solution: A comprehensive cybersecurity solution featuring a managed network and internet traffic gateway with zero‑trust capabilities and patented protection against data‑breach‑related information leaks.
- NOS National Projects / NOS National Partners: A centralized corporate team dedicated to managing multi‑location and complex projects for organizations throughout Canada and the United States, including scope discovery, project setup, workflow creation, coordination with a network of subcontractors, technician communications, problem resolution and final report delivery.
- Nerds On Line: A service described as providing unlimited remote IT support for home and SOHO clients.
- NOS Technical Services Inc.: A division dedicated to providing augmented IT placement services for client projects.
These initiatives are presented by the company as aligned with its strategy to enhance service offerings, improve operational efficiency and create long‑term growth opportunities.
Partnerships and Market Programs
Nerds On Site has disclosed several partnerships and programs that support its market presence:
- Zonetail partnership: The company partnered with Zonetail Inc., a mobile platform for high‑rise residents, to offer IT and cybersecurity services to residents in condo and high‑rise communities across Canada and the United States. Through this partnership, Nerds On Site provides business IT, cybersecurity and residential services for devices such as computers, Macs, laptops, printers and tablets, as well as smart home and home theatre setup, to Zonetail users.
- Staples Canada partnership: The company has referenced a country‑wide partnership with Staples Canada in connection with its IT solutions for small business owners and residential clients.
- National Project Program: Nerds On Site has highlighted a National Project Program, managed through its NOS National Projects team, which handles multi‑location technical projects for organizations in sectors such as law, healthcare, retail, manufacturing and entertainment.
The company has also reported progress on merger and acquisition (M&A) activities, including completion of due diligence on a private U.S. company that provides contract technology services to state and local governments across several American states. Nerds On Site has stated that the parties intend to negotiate a definitive agreement, while also noting that there is no certainty the transaction will close.
Technology Platform
Nerds On Site reports that it leverages a proprietary enterprise resource planning (ERP) system called IAMANERD to streamline operations and enhance service delivery. According to company statements, this platform supports efficient coordination of its network of IT professionals and contributes to seamless IT support for clients in various industries.
Financial and Operational Highlights (Evergreen Context)
Company news releases describe Nerds On Site as having generated multi‑million‑dollar quarterly revenues and as focusing on recurring business customer revenue, particularly in Canada. The company has reported growth in Canadian business customers and has characterized the U.S. market as a key growth area where it is building brand awareness and customer loyalty.
Management has acknowledged periods of net loss associated with increased operating expenses, particularly those tied to launching new divisions and expanding into new service areas. Despite these costs, the company has emphasized resilience, expansion of services and a focus on profitability and long‑term sustainable growth.
Stock and Corporate Structure
Nerds On Site Inc. trades under the symbol NOSUF on the OTCQB market and NERD on the Canadian Securities Exchange. The company has issued subordinate voting shares as compensation to employees and directors and has granted stock options to management under an incentive stock option plan. It has also disclosed that insiders hold a significant portion of the company’s outstanding shares.
Frequently Asked Questions about Nerds On Site Inc.
The following questions and answers summarize key points disclosed by Nerds On Site in its public communications.
Stock Performance
Latest News
SEC Filings
No SEC filings available for Nerds On Site.
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Nerds On Site (NOSUF) currently stands at 29.3 thousand shares, up 1000.0% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has increased by 193.2%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Nerds On Site (NOSUF) currently stands at 2.8 days, down 14.4% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has decreased 23.7% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.6 to 4.8 days.