Boardwalktech Software Corp (OTCPK:BWLKF)

Q3 2025 Boardwalktech Software Corp Earnings Call Transcript

Feb 25, 2025 / 09:30 PM GMT

Release Date Price: $0.08674

Transcript

Key Points

Positve

Boardwalktech Software Corp (BWLKF) repositioned its go-to-market strategy, highlighting the competitive differentiation of its Boardwalk Intelligent Information Platform.
The company expanded its channel partner program, signing 10 new partners, including major firms like TCS and ServiceNow.
Boardwalktech successfully executed a roadmap with partners for its Velocity product at a top US bank, indicating strong traction in the financial services sector.
The company launched its first business process outsourcing client, marking a significant milestone in expanding its market reach.
Boardwalktech closed a $4 million line of credit facility, providing working capital flexibility to support its operations and growth initiatives.

Negative

Boardwalktech Software Corp (BWLKF) experienced a revenue decline due to the loss of two customers, resulting in a $1 million decrease in annual recurring revenue.
The company's total revenue for the third quarter decreased by 12% compared to the same period last year.
License revenue decreased both sequentially and year-over-year due to expired licenses and customer reorganizations.
Gross margin slightly decreased due to higher hosting expenses and lower revenue levels.
The company reported a net loss for the third quarter, although it showed improvement over previous quarters.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BWLK.V - Boardwalktech Software Corp
Q3 2025 Boardwalktech Software Corp Earnings Call
Feb 25, 2025 / 09:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon ladies and gentlemen and welcome to the Boardwalk Tech Software Corporation fiscal 3rd quarter 2025 quarterly conference call. At this time, all lines are now listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press 0 for the operator. This call is being recorded on Tuesday, February 25, 2025. I would now like to turn the conference over to Sean P good from Sofia Capital. Please go ahead.

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Unidentified_2 [2]
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