Annonce • Nov 08
OneSoft Solutions Inc.(TSXV:OSS) dropped from S&P/TSX Venture Composite Index OneSoft Solutions Inc.(TSXV:OSS) dropped from S&P/TSX Venture Composite Index Reported Earnings • Aug 28
Second quarter 2024 earnings released: CA$0.005 loss per share (vs CA$0.005 loss in 2Q 2023) Second quarter 2024 results: CA$0.005 loss per share (in line with 2Q 2023). Revenue: CA$3.11m (up 24% from 2Q 2023). Net loss: CA$615.0k (loss widened 10% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annonce • Aug 22
OneSoft Solutions Inc. to Report Q2, 2024 Results on Aug 28, 2024 OneSoft Solutions Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 28, 2024 Annonce • Aug 13
irth Solutions, Inc. entered into a binding arrangement agreement to acquire OneSoft Solutions Inc. (TSXV:OSS) for approximately CAD 110 million. irth Solutions, Inc. entered into a binding arrangement agreement to acquire OneSoft Solutions Inc. (TSXV:OSS) for approximately CAD 110 million on August 12, 2024. Pursuant to the agreement, Irth will acquire all of the issued and outstanding shares of OneSoft for CAD 0.88 in cash per share. Completion of the Transaction is subject to customary conditions, including court, regulatory and TSX-V approval and the approval of (i) at least two–thirds of the votes cast by Shareholders by proxy or at the Shareholder meeting to consider the proposed transaction, which is expected to be held in October 2024; and (ii) if required, a simple majority of the votes cast by Shareholders by proxy or at the meeting. The Board of Directors of OneSoft Solutions has unanimously approved the transaction. The Board of Directors of OneSoft Solutions Inc. formed a special committee for the transaction. Transaction is anticipated to be completed in the fourth quarter of 2024. Grant Thornton LLP is acting as financial advisor to OneSoft and provided fairness opinion to the Special Committee and Board of Directors of OneSoft. Parlee McLaws LLP is acting as legal advisor to OneSoft. John W. McClure Professional Corporation is acting as independent legal advisor to the Special Committee. RBC Capital Markets and Cantor Fitzgerald are acting as financial advisors to Irth. McGuireWoods LLP and McMillan LLP are acting as legal advisor to Irth. Reported Earnings • May 24
First quarter 2024 earnings released: CA$0.006 loss per share (vs CA$0.005 loss in 1Q 2023) First quarter 2024 results: CA$0.006 loss per share (further deteriorated from CA$0.005 loss in 1Q 2023). Revenue: CA$2.90m (up 32% from 1Q 2023). Net loss: CA$728.9k (loss widened 12% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Apr 03
OneSoft Solutions Inc. Reiterates Revenue Guidance for the Fiscal Year 2024 OneSoft Solutions Inc. reiterated revenue guidance for the fiscal year 2024. For Fiscal 2024 revenue guidance of $15 million to $16 million, representing a 44% to 54% increase, respectively, over Fiscal 2023 revenue. Most of 2024 revenue is expected to come from increased use of SaaS solutions due to existing and new customers onboarding more pipeline miles and commercialization of some of the new modules that are under development. Reported Earnings • Apr 02
Full year 2023 earnings released: CA$0.011 loss per share (vs CA$0.025 loss in FY 2022) Full year 2023 results: CA$0.011 loss per share (improved from CA$0.025 loss in FY 2022). Revenue: CA$10.4m (up 51% from FY 2022). Net loss: CA$1.37m (loss narrowed 54% from FY 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annonce • Feb 21
OneSoft Solutions Inc. Provides Earnings Guidance for the Year 2024 OneSoft Solutions Inc. provided earnings guidance for the year 2024. Fiscal 2024 revenue is estimated to be in the range of $15 million to $16 million, representing a 44% to 54% increase, respectively. Annonce • Nov 18
OneSoft Solutions Inc. Reiterates Financial Guidance for Fiscal 2023 OneSoft Solutions Inc. reiterated financial guidance for fiscal 2023. For the period, the company expected revenue of $10,104,000 and net loss of $1,297,000. Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: CA$0.001 (vs CA$0.002 loss in 3Q 2022) Third quarter 2023 results: EPS: CA$0.001 (up from CA$0.002 loss in 3Q 2022). Revenue: CA$2.77m (up 33% from 3Q 2022). Net income: CA$118.9k (up CA$418.8k from 3Q 2022). Profit margin: 4.3% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annonce • Nov 11
OneSoft Solutions Inc. to Report Q3, 2023 Results on Nov 16, 2023 OneSoft Solutions Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 16, 2023 Annonce • Oct 31
Onesoft Solutions Inc. Announces Resignation of Ron Odynski as Board of Directors OneSoft Solutions Inc. announced that Ron Odynski has tendered his resignation as a Director of OneSoft, effective immediately, due to personal health issues. Mr. Odynski was one of the co-founders of the Company, dating back to its formation as a Junior Capital Pool and commencement of trading as a public company in 1996. He will continue to support OneSoft in any way that is helpful, until the Company recruits his successor. The OneSoft Board of Directors and Management wish to thank Mr. Odynski for his strong commitment and 27 years of dedicated and valuable services and contributions to the Company. Reported Earnings • Aug 18
Second quarter 2023 earnings released: CA$0.005 loss per share (vs CA$0.008 loss in 2Q 2022) Second quarter 2023 results: CA$0.005 loss per share (improved from CA$0.008 loss in 2Q 2022). Revenue: CA$2.50m (up 87% from 2Q 2022). Net loss: CA$558.3k (loss narrowed 43% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 18
OneSoft Solutions Inc. Provides Financial Guidance for Fiscal 2023 OneSoft Solutions Inc. provided financial guidance for fiscal 2023. for the period, the company expected revenue of $10,104,000 and net loss of $1,297,000. Annonce • Aug 12
OneSoft Solutions Inc. to Report Q2, 2023 Results on Aug 17, 2023 OneSoft Solutions Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 17, 2023 Recent Insider Transactions • Jul 25
CEO & Director recently sold CA$72k worth of stock On the 20th of July, R. Kushniruk sold around 100k shares on-market at roughly CA$0.72 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was R.'s only on-market trade for the last 12 months. Reported Earnings • May 19
First quarter 2023 earnings released: CA$0.005 loss per share (vs CA$0.009 loss in 1Q 2022) First quarter 2023 results: CA$0.005 loss per share (improved from CA$0.009 loss in 1Q 2022). Revenue: CA$2.20m (up 72% from 1Q 2022). Net loss: CA$652.2k (loss narrowed 39% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat. Annonce • May 18
OneSoft Solutions Inc. Provides Review of Fiscal 2023 Earnings Guidance OneSoft Solutions Inc. provided review of fiscal 2023 earnings guidance. Further to the Company's Fiscal 2023 guidance stated in a news release issued on January 24, 2023, Management currently believes that the Company is on track to achieve Fiscal 2023 financial results as stated in its guidance. Reported Earnings • Apr 02
Full year 2022 earnings released: CA$0.025 loss per share (vs CA$0.033 loss in FY 2021) Full year 2022 results: CA$0.025 loss per share (improved from CA$0.033 loss in FY 2021). Revenue: CA$6.89m (up 55% from FY 2021). Net loss: CA$2.97m (loss narrowed 24% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Annonce • Jan 25
OneSoft Solutions Inc. Provides Earnings Guidance for the Fiscal Year 2022 and 2023 OneSoft Solutions Inc. provided earnings guidance for the fiscal year 2022 and 2023. For the year 2022, the company expected revenue of $6,880,000 and net loss of $2,885,000.For the year 2023, the company expected revenue of $10,104,000 and net loss of $1,297,000. Recent Insider Transactions • Dec 19
Independent Director recently sold CA$167k worth of stock On the 16th of December, Ronald Odynski sold around 418k shares on-market at roughly CA$0.40 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$913k more than they bought in the last 12 months. Reported Earnings • Nov 16
Third quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.006 loss in 3Q 2021) Third quarter 2022 results: CA$0.002 loss per share (improved from CA$0.006 loss in 3Q 2021). Revenue: CA$2.09m (up 69% from 3Q 2021). Net loss: CA$299.9k (loss narrowed 57% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Sep 03
Independent Chairman recently sold CA$100k worth of stock On the 25th of August, Douglas Thomson sold around 200k shares on-market at roughly CA$0.50 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$470k. Douglas has been a net seller over the last 12 months, reducing personal holdings by CA$134k. Recent Insider Transactions • Aug 27
Independent Director recently sold CA$470k worth of stock On the 23rd of August, Ronald Odynski sold around 1m shares on-market at roughly CA$0.42 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.5m more than they bought in the last 12 months. Reported Earnings • Aug 18
Second quarter 2022 earnings released: CA$0.008 loss per share (vs CA$0.01 loss in 2Q 2021) Second quarter 2022 results: CA$0.008 loss per share (up from CA$0.01 loss in 2Q 2021). Revenue: CA$1.33m (up 27% from 2Q 2021). Net loss: CA$983.8k (loss narrowed 13% from 2Q 2021). Reported Earnings • May 19
First quarter 2022 earnings released: CA$0.009 loss per share (vs CA$0.009 loss in 1Q 2021) First quarter 2022 results: CA$0.009 loss per share (vs CA$0.009 loss in 1Q 2021). Revenue: CA$1.28m (up 34% from 1Q 2021). Net loss: CA$1.06m (loss widened 7.0% from 1Q 2021). Reported Earnings • Apr 01
Full year 2021 earnings released: CA$0.033 loss per share (vs CA$0.028 loss in FY 2020) Full year 2021 results: CA$0.033 loss per share (down from CA$0.028 loss in FY 2020). Revenue: CA$4.44m (up 9.5% from FY 2020). Net loss: CA$3.89m (loss widened 19% from FY 2020). Annonce • Mar 06
OneSoft Solutions Inc., Annual General Meeting, May 03, 2022 OneSoft Solutions Inc., Annual General Meeting, May 03, 2022. Agenda: AGM. Reported Earnings • Nov 12
Third quarter 2021 earnings released: CA$0.006 loss per share (vs CA$0.009 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CA$1.23m (up 55% from 3Q 2020). Net loss: CA$704.7k (loss narrowed 29% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Recent Insider Transactions • Sep 25
CEO & Director recently sold CA$844k worth of stock On the 22nd of September, R. Kushniruk sold around 1m shares on-market at roughly CA$0.60 per share. This was the largest sale by an insider in the last 3 months. This was R.'s only on-market trade for the last 12 months. Reported Earnings • Aug 12
Second quarter 2021 earnings released: CA$0.01 loss per share (vs CA$0.012 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$1.05m (up 70% from 2Q 2020). Net loss: CA$1.13m (loss narrowed 16% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year. Board Change • Jul 31
High number of new directors Independent Director Ralph Webster was the last director to join the board, commencing their role in 2021. Reported Earnings • Mar 26
Full year 2020 earnings released: CA$0.028 loss per share (vs CA$0.033 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CA$4.06m (up 50% from FY 2019). Net loss: CA$3.26m (loss narrowed 9.7% from FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Annonce • Feb 27
OneSoft Solutions Inc., Annual General Meeting, May 04, 2021 OneSoft Solutions Inc., Annual General Meeting, May 04, 2021. Recent Insider Transactions • Feb 17
Chief Financial Officer recently sold CA$141k worth of stock On the 10th of February, Paul Johnston sold around 200k shares on-market at roughly CA$0.70 per share. This was the largest sale by an insider in the last 3 months. Paul has been a seller over the last 12 months, reducing personal holdings by CA$182k. Is New 90 Day High Low • Jan 14
New 90-day high: CA$0.75 The company is up 44% from its price of CA$0.52 on 15 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 19% over the same period. Reported Earnings • Nov 26
Third quarter 2020 earnings released: CA$0.009 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: CA$795.0k (up 24% from 3Q 2019). Net loss: CA$998.8k (loss narrowed 11% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Oct 15
New Client Adopts OneSoft Solutions' Cognitive Integrity Management OneBridge Solutions Inc. (OneBridge), a wholly owned subsidiary of OneSoft Solutions Inc. (the company or OneSoft) announced that another North American-based pipeline operator has entered into a multi-year agreement to adopt the company's Cognitive Integrity ManagementTM (CIM) software-as-a-service (SaaS) solution to manage a pipeline system with unique operating circumstances. While most CIM production trials and all client user agreements to date have involved underground pipeline systems, this Client operates a pipeline that was designed to withstand harsh climatic environments, with segments of insulated pipeline mounted on above-ground pylons. This results in unique operating challenges in aligning inline inspection data which do not similarly affect oil and gas pipeline operators that operate with conventional underground pipelines.