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Martello Technologies Group Inc

Martello Technologies Group Inc (MTLO)

0.01
0.00
(0.00%)
Closed October 04 4:00PM

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Key stats and details

Current Price
0.01
Bid
0.01
Ask
0.015
Volume
1,100
0.01 Day's Range 0.01
0.01 52 Week Range 0.025
Market Cap
Previous Close
0.01
Open
0.01
Last Trade
1000
@
0.01
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
119,393
Shares Outstanding
543,707,000
Dividend Yield
-
PE Ratio
-0.94
Earnings Per Share (EPS)
-0.01
Revenue
15.77M
Net Profit
-5.74M

About Martello Technologies Group Inc

Sector
Computer Programming Service
Industry
Crude Petroleum & Natural Gs
Headquarters
Ottawa, Ontario, Can
Founded
2018
Martello Technologies Group Inc is listed in the Computer Programming Service sector of the TSX Venture Exchange with ticker MTLO. The last closing price for Martello Technologies was $0.01. Over the last year, Martello Technologies shares have traded in a share price range of $ 0.01 to $ 0.025.

Martello Technologies currently has 543,707,000 shares outstanding. The market capitalization of Martello Technologies is $5.44 million. Martello Technologies has a price to earnings ratio (PE ratio) of -0.94.

MTLO Latest News

Martello Reports Financial Results for the First Quarter of the 2025 Fiscal Year

Martello Reports Financial Results for the First Quarter of the 2025 Fiscal Year Canada NewsWire OTTAWA, ON, Aug. 15, 2024 Vantage DX revenue grows as the Company focuses on product innovation...

Martello Announces Stock Option Grant

Martello Announces Stock Option Grant Canada NewsWire OTTAWA, ON, June 27, 2024 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION...

Martello Launches Industry's First Experience Management Solution for Copilot for Microsoft 365

Martello Launches Industry's First Experience Management Solution for Copilot for Microsoft 365 Canada NewsWire OTTAWA, ON, June 26, 2024 Proactive problem detection, and faster...

Martello Reports Financial Results for the Fourth Quarter and 2024 Fiscal Year

Martello Reports Financial Results for the Fourth Quarter and 2024 Fiscal Year Canada NewsWire OTTAWA, ON, June 20, 2024 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE...

Mike Galvin Resigns from Martello Board of Directors

Mike Galvin Resigns from Martello Board of Directors Canada NewsWire OTTAWA, ON, June 3, 2024 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR...

Martello Announces Closing of Private Placement Totalling CAD$1.5M

Martello Announces Closing of Private Placement Totalling CAD$1.5M Canada NewsWire OTTAWA, ON, March 27, 2024 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION...

Martello Announces CEO and Board Appointments

Martello Announces CEO and Board Appointments Canada NewsWire OTTAWA, ON, March 26, 2024 Interim CEO Jim Clark appointed to CEO and Director; Microsoft executive Alec Saunders joins Board of...

Martello Announces CAD$1.5M Private Placement

Martello Announces CAD$1.5M Private Placement Canada NewsWire OTTAWA, ON, March 19, 2024 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR...

Martello Joins Forces with Yorktel to Bring Vantage DX to Microsoft Teams Managed Service

Martello Joins Forces with Yorktel to Bring Vantage DX to Microsoft Teams Managed Service Canada NewsWire OTTAWA, ON, Feb. 28, 2024 Partnership secures its first customer, a large US...

Martello Reports Financial Results for the Third Quarter of the 2024 Fiscal Year

Martello Reports Financial Results for the Third Quarter of the 2024 Fiscal Year Canada NewsWire OTTAWA, ON, Feb. 14, 2024 Improvements to the sales and demand generation process reflect...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1000.010.010.017750.01CS
4000.010.0150.012178990.01080873CS
12-0.005-33.33333333330.0150.020.011193930.01244876CS
26-0.01-500.020.0250.01825880.01386292CS
52-0.01-500.020.0250.01936270.0157633CS
156-0.12-92.30769230770.130.140.011634880.04179744CS
260-0.27-96.42857142860.280.4250.012880390.1632062CS

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MTLO Discussion

View Posts
BEIJING BILL BEIJING BILL 4 years ago
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
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happyglass happyglass 4 years ago
Im out of this long time ago lol!
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nowwhat2 nowwhat2 4 years ago
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)


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annadean080 annadean080 5 years ago
There's an idea, I've been looking into Canopy myself and considering buying in when I get the chance.
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happyglass happyglass 5 years ago
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.
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Stocker1 Stocker1 5 years ago
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
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happyglass happyglass 5 years ago
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/
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happyglass happyglass 5 years ago
Martello is doing well, was Bruce seen in a Tshirt lately? Just Kidding! Glad it is moving up.
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john1311 john1311 5 years ago
Thanks, Wo. Nice jump on Friday... seems a bright future ahead here...
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Wo Wo 5 years ago
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., (β€œMartello” or the β€œCompany”) (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.
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Wo Wo 5 years ago
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.
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Wo Wo 5 years ago
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.

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john1311 john1311 5 years ago
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.
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Wo Wo 5 years ago

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 β€˜real people’ on the other side of the internet connections. Cheers to on this exciting adventure.
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john1311 john1311 5 years ago
thanks, Wo. Hopes you've had a great summer....
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Moeclay Moeclay 5 years ago
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.
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Wo Wo 5 years ago
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 .
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Moeclay Moeclay 5 years ago
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
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Moeclay Moeclay 5 years ago
It's nice to know you're following what Martello does...you're obviously thinking about taking a position :)
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nowwhat2 nowwhat2 5 years ago
Yeah for sure...



















The Bruce Linton company that's changing the world.






Global leaders of innovation.
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Moeclay Moeclay 5 years ago
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.
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Wo Wo 5 years ago
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 .

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Moeclay Moeclay 5 years ago
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.
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Moeclay Moeclay 5 years ago
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
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hiroller12x hiroller12x 5 years ago
So Moeclay, just who are the other 6?
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nowwhat2 nowwhat2 5 years ago
Whilst a little bit suspect, it IS what it IS I guess.....




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Moeclay Moeclay 5 years ago
For the 10 or less shareholders, Q1 coming on the 28th with conference call following. Best wishes.
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hiroller12x hiroller12x 5 years ago
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....
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Moeclay Moeclay 5 years ago
5G and AI coming to Martello?
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hiroller12x hiroller12x 5 years ago
and we have THE management team extraordinaire that WILL make it happen.
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Moeclay Moeclay 5 years ago
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 :)
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hiroller12x hiroller12x 5 years ago
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!
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Moeclay Moeclay 5 years ago
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.
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hiroller12x hiroller12x 5 years ago
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)
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Moeclay Moeclay 5 years ago
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.
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Moeclay Moeclay 5 years ago
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
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hiroller12x hiroller12x 5 years ago
HELLO...anybody home?? where am I?
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Moeclay Moeclay 5 years ago
Q1 numbers are supposed to come out next week. Should show how undervalued the company is.

Morningstar fair value is .81
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Moeclay Moeclay 5 years ago
Come on guys, lock up some deals with some big American tech companies, and the smaller ones will follow.
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nowwhat2 nowwhat2 5 years ago
Currently now bidding .365


Classic !




Currently now bidding .365

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





πŸ‘οΈ0
nowwhat2 nowwhat2 5 years ago











Enacting Full-Retracement







.






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











Everything comes out in the wash.....



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nowwhat2 nowwhat2 5 years ago
A true stock-promoters' Pump and Dump






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john1311 john1311 5 years ago
thank you, Wo.
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Stocker1 Stocker1 5 years ago
Nice!
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Wo Wo 5 years ago
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 .
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Moeclay Moeclay 5 years ago
Conference Call Details

Date: Wednesday, July 17, 2019

Time: 10:00 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.
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Moeclay Moeclay 5 years ago
Earnings next week will rock!

Bruce's priorities...

Martello first

Ruckify second

US cannabis third
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Moeclay Moeclay 5 years ago
Midas Letter about to go live with Bruce Linton from Bruce's house.

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Darius Demian Darius Demian 5 years ago
Good luck guys and gals! I'm out for now.
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john1311 john1311 5 years ago
thanks, Wo.
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