Annonce • Jan 28
Datable Technology Corporation's Listing to Transfer from Tier 2 to NEX In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Tuesday, January 28, 2025, Datable Technology Corporation's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX. As of January 28, 2025, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies. The trading symbol for the Company will change from DAC to DAC.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market. Further to the TSX Venture bulletin dated July 4, 2024, trading in the shares of the Company will remain suspended. Annonce • Jul 08
Datable Technology Corporation, Annual General Meeting, Sep 06, 2024 Datable Technology Corporation, Annual General Meeting, Sep 06, 2024. Annonce • Jun 21
Datable Technology Corporation announced that it expects to receive CAD 1 million in funding Datable Technology Corporation announced a private placement of up to 20,000,000 common shares at a price of CAD 0.05 per share for the gross proceeds of CAD 1,000,000 on June 20, 2024. The securities issued under the Offering will be subject to a statutory hold period in Canada expiring four months and one day from the closing of the Offering. Finders fees or commissions may be payable to certain eligible persons. New Risk • Jun 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.0m free cash flow). Negative equity (-CA$6.8m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (CA$1.08m market cap, or US$783.0k). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (CA$3.3m revenue, or US$2.4m). Board Change • Feb 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Adam Kniec was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Adam Kniec was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 01
Third quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.006 loss in 3Q 2022) Third quarter 2023 results: CA$0.002 loss per share (improved from CA$0.006 loss in 3Q 2022). Revenue: CA$431.0k (down 37% from 3Q 2022). Net loss: CA$494.1k (loss narrowed 53% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 03
Second quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.006 loss in 2Q 2022) Second quarter 2023 results: CA$0.002 loss per share (improved from CA$0.006 loss in 2Q 2022). Revenue: CA$498.3k (down 43% from 2Q 2022). Net loss: CA$363.0k (loss narrowed 61% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Annonce • Jun 30
Datable Technology Corporation Provides Revenue Guidance for the Second Half of 2023 Datable Technology Corporation provided revenue guidance for the second half of 2023. The company expects revenue growth in the second half of 2023 due to upsizing of existing customers and new customers that are in sales pipeline. New Risk • Jun 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.0m free cash flow). Share price has been highly volatile over the past 3 months (80% average weekly change). Negative equity (-CA$5.6m). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (CA$1.07m market cap, or US$807.2k). Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$1.4m net loss next year). Shareholders have been diluted in the past year (32% increase in shares outstanding). Revenue is less than US$5m (CA$3.9m revenue, or US$3.0m). Reported Earnings • Jun 29
Full year 2022 earnings released: CA$0.027 loss per share (vs CA$0.033 loss in FY 2021) Full year 2022 results: CA$0.027 loss per share (improved from CA$0.033 loss in FY 2021). Revenue: CA$3.94m (up 12% from FY 2021). Net loss: CA$4.50m (loss narrowed 1.8% from FY 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. New Risk • Jun 09
New major risk - Revenue and earnings growth Earnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-CA$5.1m). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (CA$1.07m market cap, or US$800.9k). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Currently unprofitable and not forecast to become profitable next year (CA$2.0m net loss next year). Shareholders have been diluted in the past year (32% increase in shares outstanding). Revenue is less than US$5m (CA$3.8m revenue, or US$2.8m). Board Change • Apr 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Adam Kniec was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Oct 01
Datable Technology Corporation (TSXV:DAC) entered into letter of intent to acquire Local Marketing Solutions Group Inc. for CAD 18.7 million. Datable Technology Corporation (TSXV:DAC) entered into letter of intent to acquire Local Marketing Solutions Group Inc. for CAD 18.7 million on September 23, 2022. Under the LOI, Datable will acquire LMSG at a base value of CAD 14.35 million by paying the owners of LMSG 287,000,000 common shares of Datable at a deemed price of C$0.05 per Share. The LOI also contemplates the completion of the private placement first announced on June 20, 2022 and extended to October 4, 2022 pursuant to the press release dated September 1, 2022. A concurrent financing of CAD 2 million to fund the growth of the combined company, Two of five directors of Datable to be appointed by LMSG. Under the LOI the Definitive Agreement is to be signed no later than November 15, 2022. After the execution of the Definitive Agreement, it is expected the Acquisition will be subject to TSXV approval, completion of the financing set out above, and delivery of audited financial statements for LMSG. Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Adam Kniec was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 27
Second quarter 2022 earnings released: CA$0.006 loss per share (vs CA$0.008 loss in 2Q 2021) Second quarter 2022 results: CA$0.006 loss per share (up from CA$0.008 loss in 2Q 2021). Revenue: CA$868.5k (up 35% from 2Q 2021). Net loss: CA$936.8k (loss narrowed 13% from 2Q 2021). Over the next year, revenue is forecast to grow 66%, compared to a 23% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Annonce • Aug 05
Datable Technology Corporation Provides Revenue Guidance for the Year 2022 Datable Technology Corporation provided revenue guidance for the year 2022. The company now has close to $4 million in revenue under contracts for 2022 and future periods, of which approximately $3.5 million is expected to be recognized as revenue in 2022. This includes over $3.5 million in contracted revenues and close to $400,000 in expected program fees from customers. Annonce • Jul 28
Datable Technology Corporation, Annual General Meeting, Sep 09, 2022 Datable Technology Corporation, Annual General Meeting, Sep 09, 2022. Agenda: Annual General Meeting. Annonce • Jul 16
Datable Technology Corporation Promotes Giuli Vallverdu to Chief Technology Officer Datable Technology Corporation announced that it has promoted Federico de Giuli Vallverdu to Chief Technology Officer effective August 1, 2022. In recognition of his promotion to an officer of the company and his ongoingleadership and achievements, he has been granted 1,000,000 stock options that can be exercised at the higher of either $0.05 or the closing price of the Company's share price on July 29, 2022 to purchase common sharesvesting over 48 months, subject to TSXV approval. Federico started at Datable as Vice President Technology in December of 2020 after over 20 years of experience as a senior technology executive and engineer, most recently as CIO & VP Technology, Director of R&D and Senior Technical Product Manager for Aprio Inc, a B2B Software-as-Service company where he led product development and supported enterprise sales. Federico leads the team that has upgraded the functionality and efficiency of PLATFORM3 while enhancing security and stability such that Fortune 500 enterprise customers have the confidence to license Datable's technology to collect, analyze and monetize first-party consumer data. In addition, he has supported the sales and customer service team in securing and implementing larger contracts. Annonce • Jun 21
Datable Technology Corporation announced that it expects to receive CAD 1.552809 million in funding Datable Technology Corporation announced a non-brokered private placement of up to 77,640,456 units at an issue price of CAD 0.02 per unit for gross proceeds of CAD 1,552,809.12 on June 20, 2022. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional Share at a price CAD 0.05 for a period of two years from the closing of the offering. The company may pay finder's fees in the transaction. All securities issued in the transaction have a hold period for four months plus a day from the date of issuance. Closing of the offering, is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the Exchange. Annonce • Jun 18
Datable Technology Corporation, Annual General Meeting, Aug 31, 2022 Datable Technology Corporation, Annual General Meeting, Aug 31, 2022. Reported Earnings • May 01
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: CA$0.033 loss per share (down from CA$0.027 loss in FY 2020). Revenue: CA$3.53m (up 79% from FY 2020). Net loss: CA$4.59m (loss widened 87% from FY 2020). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 100%. Over the next year, revenue is forecast to grow 181%, compared to a 166% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Annonce • Mar 30
Datable Technology Corporation Provides Revenue Guidance for the Year Ended December 31, 2021 Datable Technology Corporation provided revenue guidance for the Year Ended December 31, 2021. For the period, the company estimated revenue growth of 77% to approximately $3.5 million compared with the same period in 2020. Reported Earnings • Nov 26
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CA$0.01 loss per share (down from CA$0.008 loss in 3Q 2020). Revenue: CA$827.3k (up 91% from 3Q 2020). Net loss: CA$1.35m (loss widened 71% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Annonce • Nov 25
Datable Technology Corporation (TSXV:DAC) entered into a letter of intent to acquire Adjoy, Inc. for $4.1 million. Datable Technology Corporation (TSXV:DAC) entered into a letter of intent to acquire Adjoy, Inc. for $4.1 million on September 8, 2021. Under the LOI, Datable will acquire Dabbl at a base value of $10,633,333 by paying the holders of Dabbl securities 70,888,887 common shares of Datable at a deemed price of $0.15 per Share. Datable will also purchase Dabbl debt of US$400,000 for Shares at a deemed price of $0.12 for approximately 4,200,000 additional Shares. Annonce • Sep 15
Datable Technology Announces Launch in Europe Datable Technology Corp. announced that it has an agreement to launch in Europe with V360°. Datable and V360° committed to the launch in April 2021 and have now progressed to discussions with customers of V360°, including leading consumer goods companies in Europe. All Datable's current contracted revenues are for marketing programs targeting North American consumers, with about 40% generated under agreements with advertising agencies that provide marketing advice, consumer data services and technology to consumer goods companies. V360° is a full-service commerce agency that drives brand and retailer sales through a "bricks and clicks" approach to shopper engagement. V360° provides its customers, including leading consumer goods companies and retailers, a full scope of shopper marketing, media, sales promotions, category management, content and data insight services. PLATFORM3 has been used to run over 350 successful shopper marketing promotions in North America for global brands, providing a robust, flexible and secure platform from which to run short- term shopper promotions or long-term loyalty programmes. PLATFORM3 offers brands and agencies branded microsites and loyalty program portals which benefit from a wide selection of built-in PLATFORM3 modules such as Purchase Validation, CRM, Dynamic Messaging, Social Sharing, Gamification, Rewards, User Generated Content and Campaign Analytics. Reported Earnings • Aug 26
Second quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.008 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: CA$645.7k (up 89% from 2Q 2020). Net loss: CA$1.07m (loss widened 79% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • May 29
First quarter 2021 earnings released: CA$0.009 loss per share (vs CA$0.007 loss in 1Q 2020) The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CA$674.6k (up 45% from 1Q 2020). Net loss: CA$905.0k (loss widened 74% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annonce • May 28
Datable Technology Corporation Provides Earnings Guidance for the Year 2021 Datable Technology Corporation provided earnings guidance for the year 2021. For the period the company expected that it has approximately $4.64 million in contracted revenue for 2021 and future periods, of which over $4 million is expected to be recognized as revenue in 2021. The expected recognized revenue of $4 million in 2021 is already equal to revenue growth of over 100% compared with 2020 with seven months left in 2021 to further increase
revenue. Reported Earnings • Apr 28
Full year 2020 earnings released: CA$0.027 loss per share (vs CA$0.044 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: CA$1.97m (up 26% from FY 2019). Net loss: CA$2.46m (loss widened 11% from FY 2019). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annonce • Mar 31
Datable Technology Corporation announced that it has received CAD 0.525 million in funding On March 29, 2021, Datable Technology Corporation closed the transaction. Annonce • Mar 19
Datable Technology Corporation announced that it expects to receive CAD 2 million in funding Datable Technology Corporation (TSXV:DAC) announced a non-brokered private placement of unsecured convertible debentures at an issue price of CAD 1,000 each for gross proceeds of up to CAD 2,000,000 on March 17, 2021. The debentures will mature on the date that is 36 months following the closing date of the transaction. The debentures carry a interest rate of 10% per annum, on semi-annual basis, payable in common shares of the Company. The principal amount of the debentures will be convertible into units of the company at a conversion price of CAD 0.13 per unit. Each unit consists of one Share in the capital of the Company and one-half Share purchase warrant. Each full Warrant entitles the holder to purchase one additional Share at a price of $0.20 per Warrant Share for a period of two years from the date of the conversion. All securities are subjected to hold period expiring in accordance with applicable securities legislation. The will pay finders fees to eligible finders. The company expected to complete its first tranche on or about March 30, 2021. Annonce • Mar 11
Datable Technology Corporation announced that it expects to receive CAD 0.4 million in funding Datable Technology Corporation (TSXV:DAC) announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.10 per unit for gross proceeds of up to CAD 400,000 on March 10, 2021. Each unit consists of one common share and one warrant. Each warrant entitles the holder to purchase one additional share at a price of CAD 0.15 per share for a period of 2 years from the closing date. All securities will be subject to a statutory hold period expiring in accordance with applicable securities legislation. The company will pay eligible finders a fee on the transaction within the amount permitted by the policies of the TSX Venture Exchange. The transaction is expected to close on or about March 17, 2021. Annonce • Mar 03
Datable Renews License with Digital Media & Entertainment Company Datable Technology Corporation announced that it has renewed its license agreement with a leading digital media and entertainment company . The Customer is the digital division of a leading global media and technology company, which owns and operates business units that provide cable, entertainment (major motion pictures, TV broadcasting, and theme parks) and streaming services. In 2020 Datable signed agreements with the Customer and its affiliates that are expected to result in about $1.2 million in revenues in 2020 and subsequent periods. The one-year renewal includes a software-as-a-service (SaaS) license for approximately $140,000 plus transaction fees based on the number of programs and consumer engagements hosted by PLATFORM3. In 2020, the Company invoiced the Customer for approximately $400,000 in SaaS license and transaction fees and expects an increase in 2021. Annonce • Feb 03
Datable Technology Corporation Signs Licenses with Two Global Consumer Goods Companies Datable Technology Corporation announced that it has signed two new license agreements, for a total of close to $200,000 in contracted revenues. Both agreements were signed in January 2021 to provide PLATFORM3 and related services including: An agreement to extend the term of the Managed Services agreement with a leading global media and entertainment company until May 2022. The customer signed over $800,000 in contracts with Datable in 2020 and has been a customer since 2018; and An agreement with a leading advertising agency to provide PLATFORM3 to a leading global health and beauty company to enable a program where consumers will be rewarded with virtual Visa cards for buying a qualifying amount of products in the U.S. The leading adverting agency signed contracts for over $1.6 million with Datable in 2020. Reported Earnings • Nov 26
Third quarter 2020 earnings released: CA$0.008 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: CA$433.1k (down 4.2% from 3Q 2019). Net loss: CA$789.3k (loss widened 25% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Annonce • Nov 26
Datable Technology Corporation Extends and Upsizes Digital Marketing Programs Datable Technology Corporation announced that it has extended and upsized digital marketing programs for two customers that have been using PLATFORM since 2018. Including these new agreements, year-to-date in 2020 Datable has signed 34 new agreements, which together with license agreements signed in prior periods amount to contracted revenues of approximately $5 million, representing an increase of over 100% compared to contracted revenues in the same period in 2019. Approximately 39% of the contracted revenues are expected to be recognized in 2020, with the balance to be recognized in subsequent periods. Under the agreements Datable will be paid a total of approximately $287,000: The home video distribution division of one of the media and entertainment conglomerates has upsized its agreements with Datable such that its animation studio can use PLATFORM to reward consumers for purchasing its movies for home use and for theatrical releases. Under the agreement, Datable will be paid approximately $120,000, with the launch planned for late January 2021. This animation studio agreement, dated November 15, 2020, is an upsize to the two year extension that commenced in April 2020 and ends in May 2022 and pays Datable $720,000. A leading global provider of solutions and equipment for turf maintenance, landscape, snow and ice management and irrigation has signed a one year extension, dated November 16, 2020, of its agreement with Datable to provide PLATFORM to host its contractor loyalty program. Datable will be paid approximately $167,000 in license fees and rewards. This customer renewed its annual license earlier in 2020, such that this extension commences on December 1, 2020 and runs until November 30, 2021. Under the Agreement, Datable may also generate additional revenue based on agreed upon and consumer activity milestones. Datable has several annual agreements where PLATFORM hosts an ongoing digital loyalty and rewards program. Datable is generally paid an annual license fee, service fees and transaction fees based on the number of times consumers validate purchases using PLATFORM. The approximately $5 million in contracted revenues noted above only accounts for license and service fees and does not include any transaction fees. Annonce • Nov 18
Datable Technology Corporation Launches Consumer Rewards Program for CPG Company Datable Technology Corporation announced it has launched a consumer rewards program for a global provider of household and industrial products (the "Customer"). The agreement (the "Agreement") was signed with a advertising agency to provide a license for PLATFORM and digital rewards in April 2020. Under the Agreement: Datable will provide software modules of PLATFORM³ and digital rewards to enable a program where consumers will be rewarded for purchasing a qualifying dollar amount of the Customer's family care products at participating retailers in the U.S. The program was launched on November 4, 2020 and will end when all the rewards are distributed to consumers, which is expected to occur in early 2021. The initial stage of the program was initially set to be launched on June 1, 2020 and end on December 31, 2021, but was delayed due to logistics issues related to the COVID crisis. Datable will be paid USD 776,677.50 (approximately CAD 1,087,000) in 2020 and 2021. In 2021, the budget for the program is projected to be an additional USD 3,000,000 (approximately CAD 4.2 million). Annonce • Nov 12
Datable Signs License and Rewards Agreement Datable Technology Corporation announced it has signed a new agreement to provide a license for PLATFORM³ and digital rewards for a leading consumer goods company. Datable provides an integrated suite of digital marketing applications sold as Software-as-a-Service ("SaaS"), its core product being PLATFORM³. The Agreement will pay Datable approximately $182,000 plus transaction fees after meeting certain thresholds. The Agreement is for a leading provider of adhesive technologies, beauty care, laundry and home care products that has previously used PLATFORM³ to connect directly with consumers and reward them for purchasing products, while collecting valuable consumer data. Under the Agreement the leading consumers goods company will launch a promotion where consumers across the U.S. will be rewarded with digital gift cards for purchasing a qualifying amount of their products at participating locations of a global retail chain. The promotion will commence in December 2020 and run until the end of January 2021. Year-to-date in 2020, Datable has signed 32 new agreements, which together with license agreements signed in prior periods amount to contracted revenues of over $4.7 million, representing an increase of over 100% compared to contracted revenues in the same period in 2019. Approximately 45% of the contracted revenues are expected to be recognized in 2020, with the balance to be recognized in subsequent periods. Annonce • Oct 11
Datable Technology Corporation Signs Three License and Rewards Agreements Datable Technology Corporation announced it has signed three new agreements (the "Agreements") on October 6, 2020 and October 7, 2020, to provide licenses for PLATFORM and digital rewards for leading consumer goods companies. Datable Technology Corporation provides an integrated suite of digital marketing applications sold as Software-as-a-Service ("SaaS"), its core product being PLATFORM. The three agreements will pay Datable approximately $750,000, plus transaction fees after meeting certain thresholds. The three agreements are with customers of Datable who have previously licensed PLATFORM. Year-to-date in 2020, Datable has signed 30 new agreements, which together with license agreements signed in prior periods amount to contracted revenues of over $4.6 million, representing an increase of over 100% compared to contracted revenues in the same period in 2019. Approximately 43% or the contracted revenues are expected to be recognized in 2020, with the balance to be recognized in subsequent periods. Under the Agreements, Datable will provide software modules of PLATFORM and digital rewards to enable programs where consumers will be rewarded for purchasing products and for engaging with consumer brands by viewing and sharing curated content. A leading provider of regulated consumer products in the tobacco vapor and CBD sector has renewed its annual license for eighteen months until July 2022. In addition, they have added Dynamic Messaging and Rewards ("DMR") and Advanced Data and Analytics, two new applications added to Datable's SaaS PLATFORM; Consumers in Canada will be rewarded with cashback for purchasing a qualifying amount of baby care products of a global consumer packaged goods company at participating retailers. The promotion will commence in November 2020 and run until February 2021 in a national program across Canada; A leading provider of adhesive technologies, beauty care, laundry and home care products will launch a promotion where consumers across the U.S. will be rewarded with digital gift cards for purchasing a qualifying amount of their products at participating retailers. The promotion will commence in February 2021 and run until March 2021. Annonce • Sep 18
Datable Technology Corporation Announces PLATFORM³ Technology and Business Development Update Datable Technology Corporation announced an update regarding its technology and differentiation that is delivering value for customers and driving sales growth for Datable. Datable's customers are large consumer brands that use PLATFORM3 to connect directly with consumers, drive incremental revenues by promoting initial purchases and increasing purchase frequency, and to enhance loyalty via rewards and ongoing engagement. PLATFORM3 collects and organizes rich demographic, behavioural and purchasing data from ongoing digital consumer engagement and provides consumer brands with tools to automatically retarget consumers based on this valuable data to facilitate more sales, and enhance ROI. Datable's customers have large marketing budgets including a growing percentage allocated to digital marketing. Datable is now securing longer term and larger agreements due to adding software modules that enable its customers to use the data collected to automatically retarget consumers and because of its track record of delivering a scalable and secure enterprise level Platform. In late 2019, Datable extended and deepened its differentiation in the market by launching Dynamic Messaging and Rewards ("DMR"), a breakthrough feature on PLATFORM³. This feature empowers consumer goods companies to deploy omnichannel communications and rewards to consumers based on their purchase behavior and brand engagement. DMR enables brands to message consumers through email, SMS, and pop-ups and notifications in websites. A leading global producer and distributor of motion pictures became one of Datable's largest customers when it increased its contracted license fees to $720,000 from approximately $120,000. This customer recently purchased a two-year license for DMR for $720,000 and will use it to promote online and instore purchases of movies and blue-ray/DVD's. This customer is in discussions with Datable to further increase the scope and size of its contract, by adding additional business units including Animation and Theatrical Releases. PLATFORM³'s DMR module has helped the Company secure critical competitive wins and has accelerated upselling and cross-selling into current clients. Executives of leading consumer brands called out DMR as one of the key reasons for renewing and expanding their licenses to build the next generation of their rewards and consumer-engagement initiatives. Annonce • Aug 26
Datable Technology Corporation announced that it expects to receive CAD 0.5 million in funding Datable Technology Corporation (TSXV:DAC) announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 500,000 on August 25, 2020. Each unit consists of one common share and one warrant. Each warrant entitles the holder to purchase one additional share at a price of CAD 0.08 per warrant share for a period of 2 years from the closing of the transaction. All securities issued in connection with the transaction will be subject to a statutory hold period expiring in accordance with applicable securities legislation. The company will pay eligible finders a fee on the transaction within the amount
permitted by the policies of the TSX Venture Exchange. The transaction is expected to close on or about August 31, 2020. Annonce • Jul 18
Datable Technology Corporation announced that it has received CAD 1.01167 million in funding On July 14, 2020, Datable Technology Corporation (TSXV:DAC) closed the transaction. The company issued 17,233,400 units for gross proceeds of CAD 861,670 in its second and final tranche, bringing the total funding received in the transaction to CAD 1,011,670. The company paid eligible finders a commission of CAD 9,000 through the issuance of 180,000 units. The company also issued 180,000 non-transferable finder's warrants. Each finder's warrant entitles the holder to purchase one additional share at a price of CAD 0.08 per share for a period of two years from the closing of the transaction. All securities issued in connection with the transaction are subject to a statutory hold period expiring on November 10, 2020. Four insiders of the company including Kim Oishi, Rob Craig, Rick Huang, Director of the company, and Adam Kniec, Director of the company participated in the transaction for 15,673,400 units. Post the closing of the transaction, Kim Oishi will hold 10.60% stake in the company.