Technology Archives - Page 8 of 28

EQ Works – Data Revenue Surges 95% Annually as Overall Revenue Up 16% Q/Q as Advertisers Return to Market

April 19, 2021 Chris Thompson

13-page Update Equity Research Reports on EQ’s Q4/2020 and 2020 Annual results. Data solutions revenue increased 95% annually to $2.55 million in 2020 and now accounts for 24% of the overall yearly revenue. In January, the Company reported more than $4 million in new commitments for data-driven marketing projects. Overall annual revenue increased 16% to $10.4 million. [more]

Big Waiver Wire Moves Ahead? DraftKings Issues $1.27B Convertible Notes

April 9, 2021 Michael Lacasse

DraftKings’ top line grew by 90% in 2020 while generating $844 million in losses. Raising over a billion in debt and looking forward to a stable sports schedule, is DraftKings poised to have a breakout season? Time will tell if DraftKings will be a steal or a bust. [more]

More Than Grain Grows in Saskatchewan as Vendasta Technologies Prepares for IPO

April 5, 2021 Michael Lacasse

After years of rapid growth, Vendasta plans to list on the TSX. With a market capitalization of around C$700M, the white-label SaaS provider is one of Canada’s leading digital companies, having over 4M registered SMB businesses. [more]

Professional Videos in Minutes at the Click of a Button with Moovly Media

March 29, 2021 Chris Thompson

Download a 37-page Initiation Equity Research Report. With over 3.7M users worldwide, Moovly is a leading provider of web-based video tools for creating professional-quality videos and video presentations targeting marketing, corporate communications, and storytelling. We are Initiating Coverage on Moovly with a Buy rating and one-year price target of C$1.40/share. [more]

Crypto Update – Bitcoin tops $1T, New Bitcoin ETFs, and Tesla to Accept Bitcoin

March 18, 2021 Michael Lacasse

Bitcoin’s value has doubled in 2021, reaching a market capitalization of more than$1 trillion. New Bitcoin ETFs have emerged and are now worth over $1B with firms, such as Tesla, buying bitcoin stockpiles in preparation for use as payment. [more]

R/E Tech Company Voxtur Raises C$35M to Fuel Growth

March 15, 2021 Michael Lacasse

Voxtur operated as iLOOKABOUT until earlier this year when it closed the C$87.6 million acquisition of Voxtur Technologies and renamed the company. Voxtur raised growth capital as it disrupts the residential property appraisals market in North America. Voxtur aims to add value for lenders and tax collectors through digital technologies and a synergistic software suite. [more]

theScore Places Million Dollar Wager on Sports Betting to Win

March 12, 2021 Michael Lacasse

Score Media and Gaming listed on the NASDAQ and raised $162M to fund its foray into sports betting. As an emerging sector, sports betting has almost doubled in value over the past year. The global sports betting market topped $200B billion in 2020 and growing at almost 10% a year. Investment returns could outstrip revenue gains as the fragmented industry consolidates. [more]

Dividends “March” Higher Despite Volatile 2020

March 3, 2021 Michael Lacasse

Major Canadian and U.S. firms, including Xcel Energy, Home Depots, Magna, RBC, Thomson Reuters, and Walmart, announce dividend increases after strong fourth-quarter results. [more]

EV Car Supplier ABC Technologies IPO’s

February 26, 2021 Michael Lacasse

After five years under Cerberus Capital Management‘s control, automotive part manufacturer ABC Technologies goes public. Following the offering, Cerberus should retain ~76% of the company. ABC is a pioneer in molding technologies especially in the auto industry. [more]

Bardown – Uber into the Top Shelf of the Liquor Cabinet with Drizzly Acquisition

February 20, 2021 Michael Lacasse

Propelled by surging eCommerce, Drizly cashes in on shuttered bars with sale to Uber. It is the second major deal in the last year for Uber after buying Postmates for $2.65 billion in 2020. [more]