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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Boardwalktech Software Corp | TSXV:BWLK | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.01 | -6.67% | 0.14 | 0.135 | 0.18 | 0.155 | 0.135 | 0.155 | 25,375 | 22:00:00 |
CUPERTINO, Calif., June 27, 2024 /CNW/ - (TSXV: BWLK) (OTCQB: BWLKF) - Boardwalktech Software Corp. ("Boardwalktech" or the "Company"), a leading digital ledger platform and enterprise software solutions company, is pleased to report its financial results for fiscal year 2024 ended March 31, 2024. All figures are reported in U.S. dollars, unless otherwise indicated. Boardwalktech's financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS").
Financial Highlights:
Operations Highlights Exiting Fiscal 2024
Boardwalktech CEO Andrew T. Duncan stated, "Fiscal 2024 was a pivotal and demanding year for Boardwalktech and certainly wasn't without its challenges. We had to make some difficult decisions around the rationalization of our sales and marketing teams with a focus on getting the right people in place with a priority on new customers and growth. We saw increased adoption of our Velocity product at a top 5 US bank, due to a 10X ROI versus other software solutions, which bodes well for other financial services opportunities in the next year. We also introduced our Unity Central product with its focus on improving enterprise supply chain visibility and order execution, through our proprietary predictive insights and document/information management technology currently in use by customers including a Fortune 30 company. We also added a number of new partnerships with large well known IT services companies who will continue to source new opportunities and deliver new incremental license contracts. Boardwalktech is now better positioned and is on stronger footing to see improved levels of customer and revenue growth."
Earnings Conference Call Details
Boardwalktech management will be hosting its earnings conference call today (June 27, 2024). Detail:
Time: 5:00PM Eastern Time / 2:00 PM Pacific Time
To join the call, please use the following dial-in information:
North American Participants: Please dial 1-888-664-6383 (Toll Free) or 416-764-8650 (Local – Toronto)
European Participants: 0800 724 0293 (Germany), 0800 312 635 (Switzerland), 0800 652 2435 (UK).
Rapid Connect URL: https://emportal.ink/3V6nnJL (copy & paste to your browser)
Webcast URL: https://app.webinar.net/gYDaOJrOoK3 (copy & paste to your browser)
A replay of the call will be available until July 4, 2024 and can be accessed by dialing 1-888-390-0541 and entering access code 731068#
About Boardwalktech Software Corp.
Boardwalktech has developed a patented Digital Ledger Technology Platform currently used by Fortune 500 companies running mission-critical applications worldwide. Boardwalktech's digital ledger technology and its unique method of managing vast amounts of structured and unstructured data is the only platform on the market today where multiple parties can effectively work on the same data simultaneously while preserving the fidelity and provenance of the data. Boardwalktech can deliver collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based platforms. Boardwalktech is headquartered in Cupertino, California with offices in India and operations in North America. For more information on Boardwalktech, visit our website at www.boardwalktech.com.
Forward-Looking Information and Statements
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.
An investment in securities of the Company is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in the Company's filing statement dated May 30, 2018. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
View original content:https://www.prnewswire.com/news-releases/boardwalktech-reports-fourth-quarter-and-annual-fiscal-2024-financial-results-302185019.html
SOURCE BoardwalkTech
Copyright 2024 Canada NewsWire
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