Martello Technologies Group Inc (MTLO)

Martello Reports Financial Results for the Fourth Quarter and 2026 Fiscal YearJune 11, 2026 7:28 PM
PR Newswire (Canada) Positive adjusted EBITDA in Q4 marks a significant milestone, positioning the Company for sustained profitable growth driven by innovation for partners and enterprises.Adjusted EBITDA profitability in Q4 is an important milestone towards achieving sustained profitable growth in the future. Management continues to prioritize disciplined financial management with the aim of future profitability.The Company's focus on strengthening Mitel Performance Analytics (MPA) value to Enterprises and Partners has brought increased investment in innovation and deeper integration into the Mitel ecosystem. New releases of MPA enable expanded intelligence, automation and artificial intelligence (AI) to support more proactive and efficient operations. Recent Mitel event sponsorships in the United States and Europe are driving new opportunities. Management is exploring new Go-to-Market models with Mitel to expand MPA beyond the current Software Assurance model into enterprise customers and partners. To address the broader partner and enterprise market, management is leveraging longstanding industry relationships through a continuous discovery program to systematically identify high-value market opportunities for future innovation./NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./OTTAWA, ON, June 11, 2026 /CNW/ - Martello Technologies Group Inc., ("Martello" or the "Company") (TSXV: MTLO), a provider of experience monitoring solutions for unified communications and collaboration (UCC) systems, today released financial results for the three and twelve months ended March 31, 2026. "I'm pleased that Martello has achieved a key objective of the Company's Q3 FY26 operational restructuring with positive adjusted EBITDA in Q4", said Jim Clark, Chief Executive Officer of Martello. "Management is focused on the continued strengthening of Martello's financial performance and generating positive operating cash flow. This focus, along with the Company's commitment to growth in the Mitel Performance Analytics business and building Martello's next innovative solution is expected to establish a strong foundation for profitable growth in the future"."Martello's strategic partnership with Mitel continued to strengthen in FY26," said Terence Matthews, Chairman of Martello. "I'm pleased to see ongoing investment in Mitel Performance Analytics product innovation and management's strong focus on delivering capabilities that support integrated hybrid communications and the unique needs of mission-critical infrastructure, helping Mitel partners reduce operational costs while increasing customer satisfaction."Q4 and FY26 Financial HighlightsFinancial Highlights
March 31,
March 31,
March 31,
March 31,(in 000's)
2026
2025
2026
2025


(Three months ended)
(Twelve months ended)Sales
$2,797
3,376
11,872
14,531Cost of Goods Sold
268
468
1,675
2,000









Gross Margin
2,529
2,908
10,197
12,530Gross Margin%90.4 %
86.1 %
85.9 %
86.2 %Operating Expenses
1,866
4,249
21,564
16,669Profit (Loss) from operations
662
(1,341)
(11,367)
(4,138)Other income/(expense)
(535)
(361)
(1,653)
(1,686)Profit (Loss) before income tax
127
(1,701)
(13,020)
(5,824)Income tax recovery
-
94
(3)
128Net Profit (loss)
127
(1,607)
(13,024)
(5,696)Total Comprehensive Profit (Loss)$84
(1,580)
(12,822)
(5,877)









EBITDA (1)
$597
(734)
(10,187)
(2,193)Adjusted EBITDA (1)$504
(820)
(1,488)
(2,022)









(1) Non-IFRS measure.  See "Non-IFRS Financial Measures".





Revenue was $11.87M in FY26 and $2.8M in Q4 FY26, representing an 18% and 17% decline respectively compared to the same period of the prior year. The decline was primarily due to lower renewal rates on sunsetting legacy product offerings.Sunsetting legacy product revenue declined by 32% or $0.36M in Q4 FY26 compared to Q4 FY25, and by 33% or $1.76M in FY26 compared to FY25. The ongoing decline of legacy product revenue is proceeding as expected.Revenue from the Mitel business segment decreased by 6% in Q4 FY26 compared to the same period in the prior year, and by 8% in FY26 compared to FY25. This decrease is primarily attributable to an expected shift in the revenue mix from various MPA offerings that is now stabilizing. As Mitel and Martello negotiate a new contract, management is exploring new Go-to-Market models that represent a potential growth opportunity. The Mitel business continues to be a significant source of revenue and gross margin, representing 55% of total revenues in Q4 FY26 and 51% in FY26 (compared to 48% and 45% in the same periods of the prior year). Gross margin in the Mitel business segment remained strong and consistent at 97% in Q4 FY26 and Q4 FY25.99% of total revenues were recurring in Q4 FY26 compared to 97% in Q4 FY25. In FY26 and FY25, 98% of revenues were recurring.Monthly Recurring Revenue (MRR) totaled $0.93 million in Q4 FY26, representing a decrease of $0.16 million (15%) compared to $1.09 million in Q4 FY25. The decrease was primarily attributable to lower renewal activity across legacy contracts and a shift in the revenue mix related to Mitel's software assurance program. Vantage DX MRR declined by 9% in Q4 FY26, mainly due to customer attrition.Gross margin as a percentage of revenue was 90.4% in Q4 FY26 compared to 86.1% in Q4 FY25. This improvement is attributable to the decrease in cost of goods sold in the Modern Workplace Optimization (MWO) segment in connection with the operational restructuring in Q3 FY26. In the 2026 fiscal year, gross margin decreased slightly to 85.9% from 86.2% in FY25, reflecting a proportionally larger decline in revenue relative to the cost of sales.Operating expenses for Q4 FY26 decreased by 56% or $2.38M to $1.87M from $4.25M in Q4 FY25, primarily due to a decrease in headcount in connection with the operational restructuring in Q3 FY26. In FY26, operating expenses increased by 29% to $21.56M, attributable to the impairment of intangible assets in the MWO segment, and to one-time termination costs associated with the operational restructuring in Q3 FY26. Normalized for impairment of intangible assets and termination costs associated with the operational restructuring, operating expenses for the years ended March 31, 2026 and 2025 were $12.7M and $16.7M, respectively, which represents a favourable decrease of 24%.Income from operations was $0.66M in Q4 FY26 compared to a loss of $1.34M in the same period of FY25. The improvement is attributable to lower operating expenses as described above. In FY26, the loss from operations was $11.37M, compared to a loss of $4.14M in FY25. The increase is primarily attributable to a $6.09M impairment of intangible assets and right of use assets and one-time termination costs of $2.7M.EBITDA in Q4 2026 improved to positive $0.6M, compared to a loss of $0.7M in Q4 FY25, primarily driven by lower headcount and vendor costs following the operational restructuring. EBITDA for FY26 was a loss of $10.2M, compared to a loss of $2.2M in FY25, primarily due to the impairment of MWO intangible assets and one-time employee termination costs associated with the operational restructuring.Adjusted EBITDA (a non–IFRS measure) reached $0.50M in Q4 FY26, a meaningful turnaround from a loss of $0.82M in Q4 FY25, driven by the operational restructuring in Q3 FY26 and disciplined financial management.The Company's cash and short-term investments balance was $2.87M as of March 31, 2026 (compared to $6.69M at March 31, 2025). The decrease was primarily attributable to cash used in operating activities, mainly driven by employee termination payouts and lower sales and partially offset by a $2.0M loan received from Wesley Clover International in Q3 FY26.The financial statements, notes and Management Discussion and Analysis ("MD&A") are available under the Company's profile on SEDAR+ at www.sedarplus.ca, and on Martello's website at www.martellotech.com. The financial statements include the wholly-owned subsidiaries of Martello. All amounts are reported in Canadian dollars. MRR is a non-IFRS measure, representing average monthly recurring revenues earned in a fiscal quarter. This press release does not constitute an offer of the securities of the Company for sale in the United States. The securities of the Company have not been registered under the United States Securities Act of 1933, (the "1933 Act") as amended, and may not be offered or sold within the United States absent registration or an exemption from registration under the 1933 Act.This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.About Martello Technologies GroupMartello (TSXV: MTLO) is a technology company that provides experience monitoring solutions for unified communications and collaboration (UCC) platforms including Mitel and Microsoft Teams. Martello is a public company headquartered in Ottawa, Canada. Learn more at http://www.martellotech.comNeither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods and " includes, but is not limited to, statements with respect to activities, events or developments that the Company expects or anticipates will or may occur in the future, including expectations regarding achieving sustained profitable growth in the future, the aim to identify and shape high-value market opportunities for future innovation, the aim to generate operational cash flow, the expectation that new Go-to-Market models for MPA will represent a potential growth opportunity and other activities, events or developments that the Company expects or anticipates will or may occur in the future.Forward-looking information is neither a statement of historical fact nor assurance of future performance. Instead, forward-looking information is based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking information relates to the future, such statements are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking information. Therefore, you should not rely on any of the forward-looking information. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking information include, among others, the following:Continued volatility in the capital or credit markets and the uncertainty of additional financing.Our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so.Changes in customer demand.Disruptions to our technology network including computer systems and software, as well as natural events such as severe weather, fires, floods and earthquakes or man-made or other disruptions of our operating systems, structures or equipment.Delayed purchase timelines and disruptions to customer budgets, as well as Martello's ability to maintain business continuity.and other risks disclosed in the Company's filings with Canadian Securities Regulators, which are available on the Company's profile on SEDAR+ at www.sedarplus.ca.Any forward-looking information provided by the Company in this news release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking information, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. SOURCE Martello Technologies Group Inc. Original: Martello Reports Financial Results for the Fourth Quarter and 2026 Fiscal Year

Martello Reports Financial Results for the Third Quarter of the 2026 Fiscal YearFebruary 12, 2026 6:10 PM
PR Newswire (Canada)

The Company remains focused on actions to achieve positive cash flow following the operational restructuring in Q3 FY26. Collaboration with Mitel continues to progress, including work toward an updated Mitel Performance Analytics (MPA) commercial agreement, continued adoption of MPA by Mitel partners and customers, and ongoing discussions on potential growth initiatives.Innovation in MPA advanced with the release of MPA 3.6, expanding intelligence, automation, artificial intelligence (AI) and centralized management capabilities to support more proactive and efficient operations for Mitel partners and customers.Liquidity was strengthened with a $2M loan agreement with Wesley Clover International, the investment firm controlled by Martello Chairman Terence Matthews./NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./OTTAWA, ON, Feb. 12, 2026 /CNW/ - Martello Technologies Group Inc., ("Martello" or the "Company") (TSXV: MTLO), a provider of experience monitoring solutions for unified communications and collaboration (UCC) systems, today released financial results for the three and nine months ended December 31, 2025. Martello's software proactively detects performance issues before they impact users of these systems.







"Following the Q3 FY26 operational restructuring, management remains committed to establishing a strong foundation for future growth", said Jim Clark, Chief Executive Officer of Martello. "As we stay focused on actions to achieve positive future cash flow, we continue our dialogue with Mitel, channel partners and enterprises through our ongoing market engagement, to identify innovation opportunities that will bring them value"."Mitel is a key strategic partner for Martello, and MPA is an important part of the Mitel product strategy," said Terence Matthews, Chairman of Martello. "As management works collaboratively with Mitel toward an updated commercial agreement for MPA that supports the long-term success of both companies, I look forward to further discussions on future initiatives in this strategic partnership."Q3 FY26 Financial Highlights









Financial Highlights
December 31,
December 31,
December 31,
December 31,(in 000's)2025
2024
2025
2024


(Three months ended)
(Nine months ended)Sales$2,988
3,718
9,075
11,155Cost of Goods Sold480
527
1,407
1,532









Gross Margin
2,508
3,191
7,668
9,622Gross Margin%83.9 %
85.8 %
84.5 %
86.3 %Operating Expenses5,557
4,175
19,697
12,420Loss from operations(3,049)
(985)
(12,029)
(2,798)Other income/(expense)(514)
(720)
(1,118)
(1,325)Loss before income tax(3,563)
(1,704)
(13,147)
(4,123)Income tax recovery (expense)(1)
(95)
(3)
33Net loss
(3,564)
(1,799)
(13,151)
(4,089)Total Comprehensive loss$(3,285)
(2,099)
(12,905)
(4,297)









EBITDA (1)$(3,112)
(765)
(10,784)
(1,459)









Impairment of assets185
-
6,092
-Termination costs on restructuring2,714
-
2,714
-Other
175
338
(13)
257









Adjusted EBITDA (1)$(39)
(427)
(1,992)
(1,202)(1) Non-IFRS measure.  See "Non-IFRS Financial Measures".Revenue of $3M was 20% lower than the same quarter of the prior year, primarily due to lower renewal rates on sunsetting legacy product offerings.Sunsetting legacy product revenue declined by 34.2% or $0.46M in Q3 FY26 compared to Q3 FY25. The ongoing decline of legacy product revenue is proceeding as expected.Revenue from the Mitel business segment decreased by 7% in Q3 FY26 compared to the same period in the prior year. This decrease is primarily attributable to an expected shift in the revenue mix from various MPA offerings. The Mitel business represents a growth opportunity as it continues to be a large source of revenue and gross margin, representing 52% of total revenues in Q3 FY26 (compared to 45% in Q3 FY25).Vantage DX monthly recurring revenue ("MRR") declined 22% year-over-year in Q3 FY26, while overall MRR fell 20% to $0.98M from $1.22M in the prior year. The decreases were primarily driven by customer attrition, expected declines in sunsetting legacy product renewals, and changes in the mix of users subscribed to certain Mitel offerings.98% of total revenues were recurring in Q3 FY26 consistent with Q3 FY25.Gross margin was 83.9% in Q3 FY26 compared to 85.8% in Q3 FY25. The decrease in gross margin reflects a proportionally larger decline in revenue in the Modern Workplace Optimization business segment relative to the reduction in cost of sales. Mitel gross margin remains consistent with the same quarter in the prior year.Operating expenses for Q3 FY26 increased by 33% or $1.39M to $5.56M from $4.17M in Q3 FY25, including $2.7M in termination costs associated with global workforce reductions resulting from the operational restructuring announced in October 2025.Loss from operations was $3.05M compared to a loss of $0.98M in the same period of FY25, an increase of $2.07M, including $2.7M attributable to one-time costs related to the Company's operational restructuring and lower revenue, as discussed above.Adjusted EBITDA (a non-IFRS measure) was a loss of $0.04M in Q3 FY26 compared to a loss of $0.43M in Q3 FY25. The decreased loss was due to lower compensation costs following the operational restructuring, offset by lower sales.The Company's cash and short-term investments balance was $3.48M as of December 31, 2025 (compared to $6.69M at March 31, 2025). The $3.2M decrease was primarily attributable to $4.96M of cash used in operating activities, mainly driven by employee termination payouts and lower sales and partially offset by a $2.0M loan received from Wesley Clover International in Q3 FY26.The financial statements, notes and Management Discussion and Analysis ("MD&A") are available under the Company's profile on SEDAR+ at www.sedarplus.ca, and on Martello's website at www.martellotech.com. The financial statements include the wholly-owned subsidiaries of Martello. All amounts are reported in Canadian dollars. MRR is a non-IFRS measure, representing average monthly recurring revenues earned in a fiscal quarter. This press release does not constitute an offer of the securities of the Company for sale in the United States. The securities of the Company have not been registered under the United States Securities Act of 1933, (the "1933 Act") as amended, and may not be offered or sold within the United States absent registration or an exemption from registration under the 1933 Act.This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.About Martello Technologies GroupMartello (TSXV: MTLO) is a technology company that provides experience monitoring solutions for unified communications and collaboration (UCC) platforms such as Mitel and Microsoft Teams. Martello is a public company headquartered in Ottawa, Canada. Learn more at http://www.martellotech.comNeither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods and " includes, but is not limited to, statements with respect to activities, events or developments that the Company expects or anticipates will or may occur in the future, including expectations regarding the operational restructuring and its aim of accelerating positive cashflow, the aim to maximize future growth of the Mitel business line and negotiate an updated MPA commercial agreement, the pursuit of future growth through innovation  and other activities, events or developments that the Company expects or anticipates will or may occur in the future.Forward-looking information is neither a statement of historical fact nor assurance of future performance. Instead, forward-looking information is based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking information relates to the future, such statements are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking information. Therefore, you should not rely on any of the forward-looking information. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking information include, among others, the following:Continued volatility in the capital or credit markets and the uncertainty of additional financing.Our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so.Changes in customer demand.Disruptions to our technology network including computer systems and software, as well as natural events such as severe weather, fires, floods and earthquakes or man-made or other disruptions of our operating systems, structures or equipment.Delayed purchase timelines and disruptions to customer budgets, as well as Martello's ability to maintain business continuity.and other risks disclosed in the Company's filings with Canadian Securities Regulators, which are available on the Company's profile on SEDAR+ at www.sedarplus.ca.Any forward-looking information provided by the Company in this news release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking information, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. SOURCE Martello Technologies Group Inc.

Original: Martello Reports Financial Results for the Third Quarter of the 2026 Fiscal Year

Some Thought’s on Martello’s Restructuring

Martello Technologies' decision to step back from its more ambitious Unified Communications (UC) platform, Vantage DX, to focus on its smaller but more stable legacy business centered on Mitel's ecosystem was a strategic retreat driven by financial pressures. It represents a shift from pursuing a high-growth, high-risk strategy in the competitive Microsoft Teams and Zoom monitoring market to a more conservative, cash-flow-focused model.

The "smaller, more established business segment" Martello is now focusing on is the Mitel Performance Analytics (MPA) business. MPA is a tool for monitoring Mitel's UC platforms, which are often hybrid or on-premise systems. This is an older, more established market segment compared to the fast-moving, highly competitive, cloud-based environments of Teams and Zoom.

The Martello-Mitel relationship is very foundational. Martello has a long-standing relationship with Mitel, and its MPA solution is deeply integrated into Mitel's ecosystem. For some customers, MPA is a "must-have" tool that is often bundled with Mitel's Premium Software Assurance offering. The Mitel business has consistently generated very high gross margins (97% in FY25). And as of early 2025, the Mitel business was still a reliable source of operational cash flow for Martello, even as overall revenues were declining.

In addition, the decision to end the sale of Vantage DX and focus on the Mitel business was a pragmatic move to address mounting financial challenges. While the Vantage DX product addressed the growing market of modern UC platforms, it did not deliver the expected profitability. The company was experiencing significant operating losses, and its cash position was weakening. By abandoning the unprofitable, high-investment Vantage DX, Martello can redirect resources to its cash-generating Mitel business.

Further, the restructuring, which includes a 50% workforce reduction, is explicitly aimed at achieving profitability by cutting operating expenses. This cost-cutting strategy signals a contraction, prioritizing survival and financial health over aggressive expansion.

And lastly, rather than applying AI to the Teams/Zoom market, Martello is now planning to "pursue new innovation in AI" specifically for the IT monitoring space relevant to its Mitel customers. This suggests a more focused, contained R&D effort that directly serves its established client base, rather than a broad, speculative push into a crowded new market.

In essence, Martello has traded the potential of a large, rapidly growing market for the financial predictability and stability of a smaller, more mature one. This strategic shift was a necessity to shore up its balance sheet and put the company on a more secure financial footing.

LDI Connect integrates Vantage DX July 14, 2025

LDI Connect (https://myldi.com) is taking its managed IT services to the next level by adding Martello’s Vantage DX platform to its toolkit to give clients a smoother, more reliable Microsoft 365 and Teams experience.

LDI Connect, The Office Technology ToolBox, is known for connecting print, managed IT, pro AV, cloud, security and document management technology.

By integrating Vantage DX, LDI Connect can now proactively monitor clients’ Microsoft environments. Instead of waiting for problems to disrupt users, their team can spot and fix performance issues before an end user is impacted. For their customer, that means fewer headaches, less downtime and more time spent getting work done. For LDI Connect, it means a superior and strategic service.
LDI Connect has built its reputation on evolving with the needs of businesses, and this latest move shows exactly that. With Martello’s Vantage DX, they now have end-to-end visibility into their clients’ Microsoft 365 and Teams experience, helping customers get the most out of their technology investments and avoid costly issues.

Martello’s team is equally enthusiastic. “We’re excited to work with LDI Connect to boost the value of their managed services,” said Jim Clark, CEO at Martello. “They share our commitment to putting customers first, and we’re looking forward to supporting them with Vantage DX.”

In short, it’s a win-win: LDI Connect’s clients get more reliable and efficient Microsoft 365 and Teams services, and LDI Connect strengthens its position as a forward-thinking managed services provider. And Martello? Well, we get to team up with another fantastic partner to do great things.

Martello-Mitel Business Opportunity

Mitel's acquisition of Unify has significantly expanded Martello's addressable market by providing access to a larger customer base, a broader geographic reach and an enhanced product portfolio. This expansion, combined with the strategic alignment between the two companies, creates new opportunities for Martello to leverage its performance monitoring expertise and drive growth in the unified communications and collaboration space.

Martello Technologies and Mitel have a long-standing and significant business relationship, with Martello providing its performance analytics software for Mitel's enterprise customers and partners. Specifically, it is focused on providing performance monitoring and digital experience management (DEM) solutions for Mitel's Unified Communications (UC) platforms. Martello's solutions help ensure the smooth and reliable operation of Mitel communication networks, reducing downtime and optimizing voice quality.

Mitel's acquisition of Unify in October 2023 significantly expanded Martello's addressable market and created new opportunities.
• The combined entity of Mitel and Unify boasts a customer base of over 75 million users across more than 100 countries, encompassing a robust global channel community of over 5,500 partners.
• This established Martello-Mitel relationship, combined with Unify's integration into the Mitel ecosystem, facilitates increased engagement between Martello and the newly combined customer base.
• The Mitel channel, including the newly acquired Unify segment, presents significant growth opportunities for Martello's Vantage DX solution. The growing interest in Vantage DX among Mitel and Unify partners, particularly in key markets like the United States and the United Kingdom, further fuels this potential.
• The acquisition positioned Mitel as a formidable competitor in the enterprise unified communications (UC) field.
• Unify brings expertise in enterprise managed services, complementing Mitel's stronghold in the mid-market domain. This offers Martello the potential to expand its offerings to larger enterprises and leverage Unify's experience in addressing complex communication needs.

Ho lee chow, this stok is one to buy and hold but do not look at it day to day.

Investment idea

https://www.bnnbloomberg.ca/former-canopy-ceo-is-already-working-his-magic-at-tiny-martello-1.1282689

Im out of this long time ago lol!

Quite a dozey board here tho eh......(I just happened to take a peek and wo !......look what's been happening)













Terrifying sector though (for me - reminisience of a Gandalf / Nortel, type of thing)

There's an idea, I've been looking into Canopy myself and considering buying in when I get the chance.

I am making adjustments myself. I sold after seeing the interview. May keep it on a watch list in case it does something but I am tired of waiting. I am out of Acreage and Canopy now too. If constellation buys the whole works and pays a dividend I may come back but there are other opportunities right now for me. Canopy has been very good to me and I want to keep it that way.

Finally dumped this. Should have just taken the end of year loss. Oh well have gains already this year to offset this waste of money.

Good riddance

Interview with Bruce about Martello https://midasletter.com/2020/01/bruce-linton-speculates-martello-technologies-cvemtlo-poised-to-grow-at-a-steady-15-30-per-year/

Martello is doing well, was Bruce seen in a Tshirt lately? Just Kidding! Glad it is moving up.

Thanks, Wo. Nice jump on Friday... seems a bright future ahead here...

Martello Technologies Partners with SecureServ in Australia

https://www.pr.com/press-release/797344

SecureServ has become a Martello Alliance Partner, reselling the Company’s products and solutions in the Australian market.


Ottawa, Canada, October 19, 2019 --(PR.com)-- Martello Technologies Group Inc., (“Martello” or the “Company”) (TSXV:MTLO), a leading provider of solutions that deliver clarity and control of complex IT environments, announced today that Australian cyber security solutions and network performance reseller, SecureServ, has become a Martello Alliance Partner, reselling the Company’s products and solutions in the Australian market.

Martello Technologies Announces Pricing of Overnight Marketed Public Offering

https://www.newswire.ca/news-releases/martello-technologies-announces-pricing-of-overnight-marketed-public-offering-827919885.html

OTTAWA, Sept. 13, 2019 /CNW/ - Martello Technologies Group Inc., ("Martello" or the "Company") (TSXV: MTLO) is pleased to announce that in connection with its previously announced overnight marketed offering, it has priced its public offering of common shares of the Company (the "Common Shares"). The Company has agreed with a syndicate of underwriters co-led by Canaccord Genuity and CIBC Capital Markets and including PI Financial Corp. (collectively, the "Underwriters"), to sell 13,333,333 Common Shares at a price of $0.30 per Common Share for aggregate gross proceeds of $4,000,000 (the "Offering").

Martello will file an amended and restated preliminary short form prospectus with the securities commission in each of the provinces of Ontario, British Columbia and Alberta, amending and restating the preliminary short form prospectus filed on September 12, 2019, to reflect the terms of the Offering.

The Company have granted the Underwriters an option (the "Over-Allotment Option") to purchase up to an additional 1,999,999 Common Shares, exercisable in whole or in part at any time up to 30 days after and including the closing date of the Offering.

The Company intends to use the net proceeds of the Offering to identify and fund acquisitions, accelerate R&D activities, increase sales capacity and for general corporate purposes.

The Offering is scheduled to close on or about September 27, 2019 and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the "TSXV") and the applicable securities regulatory authorities.

Martello's Software Helps Mitel Network Operations Center Monitor More Than a Million Users

https://www.newswire.ca/news-releases/martello-s-software-helps-mitel-network-operations-center-monitor-more-than-a-million-users-825714220.html

Here’s the correct link to the above article. I mistakenly posted an incorrect link on the previous post.

Cheers to you Wo... hopes autumn brings calmer impulses... yes, life is so exciting... I'm still invested in cgc, and no doubt will be invested in Bruce's next strides... best of luck.

OTTAWA, Sept. 5, 2019 /CNW/ - Martello Technologies Group Inc., ("Martello" or the "Company") (TSXV: MTLO), a leading provider of solutions that deliver clarity and control of complex IT environments, announced today that Mitel, a global leader in business communications, is leveraging Martello's software to monitor more than one million users in Mitel's network operations center (NOC) as part of a managed service offering. This deployment demonstrates the capacity for even the largest managed service providers to improve their remote fix rate by as much as 30% with Martello's solution.

https://finance.yahoo.com/news/canada-is-pretty-much-played-out-what-canopy-rivers-learned-from-thousands-of-pot-pitches-141549137.html

Hi John1311. I recognize the moniker. I’ve had a busy and stressful summer actually. Par for the course. Taking it in strides. Not often do we get to consider there are ‘real people’ on the other side of the internet connections. Cheers to on this exciting adventure.

thanks, Wo. Hopes you've had a great summer....

Conference call at 8am est

Canada/USA Toll Free: 1-800-319-4610

I'm about to call in.


Investor Day

Martello will host an Investor Day in Toronto, Canada on Tuesday, September 24th. The event will be hosted by Martello CEO John Proctor and Co-Chairmen Sir Terry Matthews and Bruce Linton. Interested brokers and analysts can register to attend on Martello's website.

Business Highlights

During the first quarter of fiscal 2020 Martello achieved the following milestones:

Martello moved up 20 spots on the widely respected Branham300 listing of Canada's top ICT (Information and Communications Technology) companies, after debuting on the list in 2018.
The Company announced a partnership with GuestTek to deliver reliable high speed internet access (HSIA) to some of the world's most respected hotel brands.
Martello showcased a proof of concept developed in collaboration with BlackBerry QNX which demonstrated that Martello's technology could maintain network connectivity for mobile IoT applications such as autonomous vehicles.
Martello extended its relationship with longstanding customer Leiden University Medical Center (LUMC) in the Netherlands, to provide a solution improving the performance of hybrid cloud-based services.

Subsequent Activities

Subsequent to June 30, 2019, Martello achieved the following milestones:

Responded to demand for IT Service Assurance Solutions for Large Enterprises and MSPs by teaming with Paessler AG, to simplify IT service assurance for complex IT environments.
Announced that global IT service integrator Onepoint purchased a three year subscription to Martello's software for a single service-oriented view of their infrastructure, improving their quality of service.
Partnered with Suria Business Solutions, a provider of IP Telephony and Unified Communications & Collaboration (UCC) systems, applications, service and solutions to more than 500 customers in Malaysia and Indonesia.

Martello Reports First Quarter Fiscal 2020 Financial Results with $3.3 Million in Revenues Representing 72% Year over Year Growth
CNW Group
CNW GroupAugust 28, 2019, 6:30 AM EDT
Recurring portion of revenues grows to 87% while gross margins remain strong at 93%.

https://finance.yahoo.com/news/martello-reports-first-quarter-fiscal-103000176.html?.tsrc=applewf

OTTAWA , Aug. 28, 2019 /CNW/ - Martello Technologies Group Inc., ("Martello" or the "Company") (MTLO.V), a leading provider of technology solutions that deliver clarity and control of complex IT environments deployed in thousands of locations around the world, today released financial results for the first quarter of the 2020 fiscal year, the three months ended June 30, 2019 .

Yesterday afternoon Martello filed information pertaining to the Annual/special meeting. It will be held on September 20th.

All the info is on SEDAR.

https://www.sedar.com/search/search_form_pc_en.htm

It's nice to know you're following what Martello does...you're obviously thinking about taking a position :)

Yeah for sure...



















The Bruce Linton company that's changing the world.






Global leaders of innovation.

Upcoming Annual/Special shareholder meeting should be discussed during conference call...at least a confirmed date.

Hopefully Bruce makes a cameo appearance during the conference call.

Martello to Announce First Quarter 2020 Financial Results

CNW Group
August 21, 2019, 6:30 AM EDT


https://finance.yahoo.com/news/martello-announce-first-quarter-2020-103000759.html?.tsrc=applewf


OTTAWA , Aug. 21, 2019 /CNW/ - Martello Technologies Group Inc., ("Martello" or the "Company") (MTLO.V) will release financial results for the first quarter of the 2020 fiscal year before financial markets open on Wednesday, August 28, 2019 . The results will include the three months ended June 30, 2019 .

Following the release of its first quarter 2020 financial results, Martello will host a conference call with John Proctor , President & CEO and Erin Crowe , CFO at 8:00 AM Eastern Time on August 28, 2019 .

Conference Call Details

Date: Wednesday, August 28, 2019

Time: 8:00 AM EST

Canada / USA Toll Free: 1-800-319-4610

International Toll: +1-604-638-5340

Callers should dial in 5 – 10 min prior to the scheduled start time and simply ask to join the Martello call.

An audio recording of the call will be available on August 28, 2019 .

Looks like an early morning conference call. I'll be tuned in.

Conference Call Details

Date: Wednesday, August 28, 2019

Time: 8:00 AM EST

Canada/USA Toll Free: 1-800-319-4610

International Toll: +1-604-638-5340

Callers should dial in 5 – 10 min prior to the scheduled start time and simply ask to join the Martello call.

I don't know...I just figure there has to be more than just us 4 from DRKOF...maybe the "other 6" simply don't know about Ihub. Lol

So Moeclay, just who are the other 6?

Whilst a little bit suspect, it IS what it IS I guess.....

For the 10 or less shareholders, Q1 coming on the 28th with conference call following. Best wishes.

I would bet on it. Bruce it a tech guy at heart and a developer of companies that doesn't leave any tools in the bag as he works, especially if they coincide with the business plan and will move the effort forward toward increased profitability.

He lives on the edge 24/7 and utilizing AI/5G must excite him to no end.

MTLO is going to make it to the big leagues....

5G and AI coming to Martello?

and we have THE management team extraordinaire that WILL make it happen.

MTLO is coming to America!!! The ticker that is. So just like other dual listed stocks that share the same ticker symbol, MTLO is following suit. We've been patiently waiting for this move :)

nice reversal on all of the impatient investors that have sold us down since the Bruce factor hoopla faded and the bloom wore off the rose.

Do it again Bruce!! I like it!!... something MUST be up!

Good to see the company stock up today. Company is way undervalued, especially considering they have an all star management team with proven track records.

how could I possibly argue with someone that's confident that these are the two most likely outcomes as we attempt to dig our way out of a hole with tire tracks up our back.

I'm on board with your 'shot heard round the world' for DRKOF Moeclay, but still have my heart set on $1+ by spring if we don't break the sound barrier first.

only have one more bullet in the chamber today (motor mouth syndrome)

Someday we'll either wake up to an announcement of a billion dollar collaboration deal with a big tech company or an announcement of a big tech company acquiring Martello for a billion dollars. I'd personally like the former.

Should get a weeks notice on when the Q will be released.

PR tomorrow for 8/15 release

PR on Friday for 8/16 release

HELLO...anybody home?? where am I?

Q1 numbers are supposed to come out next week. Should show how undervalued the company is.

Morningstar fair value is .81

Come on guys, lock up some deals with some big American tech companies, and the smaller ones will follow.

Currently now bidding .365


Classic !




Currently now bidding .365

Just HOW MANY folks did that-shirt wreak havoc on ?

Enacting Full-Retracement







.






Martello receives giant huge global beat-down !.....











Everything comes out in the wash.....

A true stock-promoters' Pump and Dump

thank you, Wo.

Nice!

Martello Reports Fourth Quarter and Fiscal 2019 Financial Results with 78% of $10.4M Annual Revenues Recurring
CNW Group
CNW GroupJuly 17, 2019, 6:30 AM EDT
Annual revenues grow more than 103% year over year, while quarterly revenues of $3.4 million represent a 99% increase over the same period of 2018.

https://finance.yahoo.com/news/martello-reports-fourth-quarter-fiscal-103000962.html?.tsrc=applewf

OTTAWA , July 17, 2019 /CNW/ - Martello Technologies Group Inc., ("Martello" or the "Company") (MTLO.V), a leading provider of technology solutions that deliver clarity and control of complex IT environments deployed in thousands of locations around the world, today released financial results for the fourth quarter and fiscal year ended March 31, 2019 .