VIDEO: Martello Technologies Group Inc (CVE:MTLO) Strong Margins Create Investor Opportunity
Martello Technologies Group Inc (CVE:MTLO) makes large networks more efficient and its clients include governments and financial institutions in 150 countries. CEO John Proctor provides an overview of Martello, discusses Martello becoming a publicly traded company, and describes its “build and buy” strategy. Proctor explains that unlike many IT enterprise-level efficiency groups, Martello’s margins are really good and offer investors a positive experience. Proctor expects the company to increase its monthly recurring revenue and capital expenditures from 60/40 to 80/20 over the next few years. Additionally, the company’s software services already have margins nearing 90 percent and the company forecasts at least 10 percent organic growth over the next 12-36 months.