Lendified expressed doubts about moving forward as a company after posting first quarter loss
Lendified said it is running an accumulated deficit of $52.2 million.
Markets
Think Research sees 142 percent rise in Q1 revenue fuelled by acquisitions, “major contract wins”
Despite Omicron-related “setbacks,” Think Research sees strong Q1 revenue growth.
Lightspeed sees path to profitability despite posting $146.1 million loss in fiscal Q4
Lightspeed’s fourth-quarter revenue grew by 78 percent year-over-year.
BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift
CEO touts plus solutions growth as positive sign.
WonderFi, Bitfarms, Tokens.com, CoinSmart post earnings during a volatile period for crypto
Bitcoin sell-off, other factors impact companies’ bottom lines.
Value of Power Corp’s FinTech portfolio drops as Wealthsimple faces second May markdown
Power calls decrease in fair value of Wealthsimple stake “consistent” with broader stock market decline.
Well Health Technologies posts record Q1 revenue, announces $30 million bought deal offering to fuel acquisitions
Despite record revenues the last two quarters, Well’s share price has fallen nearly 43 percent over six months.
Dialogue, LifeSpeak struggle to please shareholders with first quarter 2022 results
Both healthtech companies noted user-driven revenue growth while share prices continue to tumble.
FinTech earnings week: revenues up for Nuvei, Propel, Mogo, Payfare
Net income is another matter.
Thinkific sees revenue rise, net loss jump in Q1 2022, following recent layoffs
Thinkific attributes higher net loss to growth investments, restructuring costs.
Magnet Forensics acquires assets from Comae Technologies, posts 35 percent revenue growth in Q1 2022
Magnet acquired Comae’s memory analysis tech to bolster its cyber incident investigation capabilities.
Shopify delivers $2.1 billion USD Deliverr deal to expand fulfillment network
Deliverr marks Shopify’s largest acquisition to date.
Shopify’s growth continues to slow in Q1 2022 as it reaches deal to buy Deliverr for $2.1 billion USD
Shopify misses analyst estimates, sees shares drop to a two-year low.
Lightspeed leverages acquisitions to launch new flagship omnichannel retail platform
Lightspeed Retail launch follows company’s recent C-Suite shakeup.
Q4 Inc. records 23 percent YoY revenue growth, halves net losses in Q1 2022 earnings
CEO attributes Q4’s strong Q1 to tech investments, focus on existing customers.