Boardwalktech Software Corp (OTCPK:BWLKF)
$ 0.095 0.025 (35.71%) Market Cap: 4.90 Mil Enterprise Value: 7.76 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 50/100
Back to the Transcripts List

Q1 2025 Boardwalktech Software Corp Earnings Call Transcript

Aug 27, 2024 / 09:00PM GMT
Release Date Price: $0.08

Key Points

Positve
  • Boardwalktech Software Corp (BWLKF) has strengthened its sales and distribution strategy.
  • The company secured a credit facility to enhance liquidity.
  • Boardwalktech hired a new Chief Marketing Officer to bolster its marketing efforts.
  • The pipeline of new business has expanded through recently announced teaming agreements.
  • The company is executing delivery of its Velocity solution across a top five bank in the United States.
Negative
  • Total revenue for the first quarter of fiscal 2025 decreased by 20% compared to the same quarter last year.
  • There was a 48% decline in revenue from professional services.
  • Software and subscription service revenue declined by 15%.
  • Gross margin for the first quarter of fiscal 2025 was 87.9%, down from 90% in the same quarter last year.
  • The net loss for the first quarter of fiscal 2025 was $800,000, although this was a 14% improvement from the previous year.
Operator

Good afternoon, ladies and gentlemen, and welcome to the Boardwalktech Software Corporation fiscal first quarter 2025 quarterly conference call. (Operator Instructions) This call is being recorded on Tuesday, August 27, 2024. I would now like to turn the conference over to Graham Farrell. Investor Relations, please go ahead.

Graham Farrell
Boardwalktech Software Corp - IR Contact Officer

Thank you, operator. Good afternoon and welcome everyone to Boardwalktech's quarterly conference call. This call will cover Boardwalktech's financial and operating results for the first quarter of fiscal 2025, period ended June 30, 2024. Our call today will be led by Boardwalktech's President and Chief Executive Officer, Andy Duncan, along with the company's Chief Financial Officer, Charlie Glavin.

Before we begin with our formal remarks, I would like to remind everyone that some of the statements on this conference call may be forward-looking statements. Forward- looking statements may include, but are not necessarily limited to, financial projections or other

Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2024 GuruFocus.com, LLC. All Rights Reserved.