Tag: tsx
Lightspeed to lay off 300 employees as it targets “profitable growth”
Lightspeed says layoffs aim to streamline operations, “unify” acquisitions. Lightspeed Commerce has announced plans to cut approximately 300 jobs as the Montréal-based retail tech…
Q4 Inc. CEO confident in 2023 profitability despite continued slow growth
M&A, delistings, frigid IPO market have impacted Q4 Inc’s customer retention, expansion. Amid challenging public market conditions, Toronto-based investor relations software company Q4 Inc….
Mogo at risk of being delisted from Nasdaq for sub-$1 USD share price
The Vancouver FinTech startup has 180 days to get over $1 USD. Vancouver-based FinTech startup Mogo has received a written letter from the Nasdaq…
Q4 Inc. lays off eight percent of staff to accelerate “path to profitability”
Restructuring impacts the company’s sales, marketing, R&D teams. Toronto-based investor relations (IR) software company Q4 Inc. has laid off 48 employees, joining a growing…
WonderFi to become only Canadian-regulated crypto-trading platform listed on the TSX
Listing comes after WonderFi reduced its staff by between 15 to 20 percent. Vancouver-based startup WonderFi has received conditional approval to be listed on…
Lightspeed turns NuOrder acquisition into new B2B supplier network
Lightspeed B2B “last step” in Lightspeed’s plan to turn bevy of acquisitions into new products. Montréal-based Lightspeed Commerce has turned another one of its…
BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift
CEO touts plus solutions growth as positive sign. During the first quarter of 2022, BBTV Holdings saw its total revenue decline slightly and its…
Plusgrade to acquire TSX and Nasdaq-listed loyalty commerce startup Points
Points hopes to surf the wave of the post-pandemic travel boom. Montréal-headquartered Plusgrade has entered an agreement to acquire Nasdaq and Toronto Stock Exchange…
Thinkific sees revenue rise, net loss jump in Q1 2022, following recent layoffs
During the first quarter of 2022, Thinkific Labs posted 42 percent revenue growth and a much higher net loss compared to the same period…
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. Magnet Forensics, which develops digital investigation solutions, saw year-over-year (YoY) revenue…