Annuncio • Apr 22
Tribe Property Technologies Inc. to Report Q4, 2025 Results on Apr 28, 2026 Tribe Property Technologies Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2026 Annuncio • Nov 25
Tribe Property Technologies Inc. to Report Q3, 2025 Results on Dec 01, 2025 Tribe Property Technologies Inc. announced that they will report Q3, 2025 results on Dec 01, 2025 Annuncio • Sep 13
Tribe Property Technologies Inc. Announces Chief Financial Officer Changes, Effective September 12, 2025 Tribe Property Technologies Inc. announced the appointment of Scott Ullrich as Chief Financial Officer (CFO), effective September 12, 2025. Reporting directly to Joseph Nakhla, CEO of Tribe, Mr. Ullrich will have responsibility for all finance, accounting, financial reporting, audit, tax and capital planning functions. Mr. Ullrich succeeds Angelo Bartolini, who is transitioning to a strategic advisor after successfully guiding Tribe through a critical transition period. Under Mr. Bartolini's leadership, Tribe achieved EBITDA-positive results, streamlined operations, and executed key acquisitions. Scott Ullrich, who has been with Tribe since the acquisition of Gateway Property Management in 2021, brings over four decades of leadership experience in the property management and real estate sectors. Mr. Ullrich most recently served as Executive Vice President at Tribe, overseeing national rental and condo operations and helping to build Tribe's strong foundation in property management. Prior to joining Tribe, he was the Chief Executive Officer of Gateway Property Management, a leading firm in the Canadian real estate market. With his comprehensive understanding of both operational leadership and strategic financial oversight, Mr. Ullrich has been instrumental in Tribe's ongoing growth and operational excellence. His expertise in both finance and property management will be pivotal as Tribe expands its solution and builds on its financial strength. Annuncio • Aug 19
Tribe Property Technologies Inc. to Report Q2, 2025 Results on Aug 28, 2025 Tribe Property Technologies Inc. announced that they will report Q2, 2025 results on Aug 28, 2025 Annuncio • Aug 13
Tribe Property Technologies Inc., Annual General Meeting, Oct 15, 2025 Tribe Property Technologies Inc., Annual General Meeting, Oct 15, 2025. Annuncio • Jul 08
Tribe Property Technologies Inc. has completed a Composite Units Offering in the amount of CAD 5 million. Tribe Property Technologies Inc. has completed a Composite Units Offering in the amount of CAD 5 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 11,111,111
Price\Range: CAD 0.45 Annuncio • May 21
Tribe Property Technologies Inc. to Report Q1, 2025 Results on May 29, 2025 Tribe Property Technologies Inc. announced that they will report Q1, 2025 results on May 29, 2025 Annuncio • Apr 09
Tribe Property Technologies Inc. to Report Q4, 2024 Results on Apr 14, 2025 Tribe Property Technologies Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Apr 14, 2025 Annuncio • Apr 01
Tribe Property Technologies Inc. announced that it has received CAD 1.087882 million in funding On March 31,2025, Tribe Property Technologies Inc closed the transaction. Each warrant entitles the holder to purchase one common share at a price of CAD 0.82 any time on or before March 28, 2030. The common shares and warrants issued pursuant to the private placement, including any common shares issued on exercise of warrants, are subject to a hold period of four months and a day expiring July 29, 2025. The directors and certain officers of the company have participated in the transaction The directors of the company include Charmaine Crooks, Raymond Choy, Alex Yanitsky, Andrew Kiguel,Sanjiv Samant, Michael Willis, and Joseph Nakhla as well as officers of the company; Angelo Bartolini, and Scott Ullrich, collectively subscribed for 1,216,928 units. Annuncio • Mar 20
Tribe Property Technologies Inc. announced that it expects to receive CAD 0.775 million in funding Tribe Property Technologies Inc. announced a non-brokered private placement of up to 1,490,384 units at issue price of CAD 0.52 per unit for gross proceeds of CAD 774,999.68 on March 20, 2025. Each Unit consisting of one common share of the Company and one-half of one Common Share purchase warrant. Each Warrant entitles the holder to purchase one Common Share at a price of CAD 0.82 at any time on or before that date which is five years after the closing date of the Financing. CEO, CFO, EVP and members of the Board of Directors participating in the Financing. Closing of the Financing is subject to certain conditions including, but not limited to, the receipt of applicable regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued under the Financing are subject to a hold period expiring four months and one day from the closing date. Annuncio • Feb 07
Tribe Property Technologies Inc. Announces Launch of Proprietary Inspections Tool for Property Management Tribe Property Technologies Inc. announced the launch of its proprietary Property Management Inspections Tool, an innovative feature within the Tribe Home suite of tools designed to enhance strata and condo property management. Additionally, Tribe underscores its resilience amidst ongoing trade uncertainties, highlighting the strength of its asset-light, technology-driven business model. Tribe's Property Management Inspections Tool enables property managers and on-site staff to efficiently log and track common area issues identified during regular site visits or special inspections. The tool replaces traditional paper-based reporting, allowing managers to document findings using their smartphone or tablet, complete with photos and descriptions, ensuring greater accuracy and accessibility. The Property Management Inspections Tool offers a range of benefits designed to improve property management. It helps compile detailed reports, including photos and notes, which are stored within Tribe Home for easy access by Council and Board members. Decision-makers can review inspection histories from one visit to the next, ensuring continuity and facilitating knowledge transfer. By streamlining property management workflows, the tool reduces administrative burdens and enhances responsiveness to maintenance needs. Additionally, it assists in ensuring regulatory compliance by helping keep track of essential systems, such as fire alarms and utilities, helping properties adhere to building codes and safety regulations. A standard site inspection covers critical property elements such as hallways, stairwells, elevators, parking areas, building exteriors, and essential infrastructure including lighting, drainage, and fire prevention systems. By digitizing these processes, Tribe enhances operational efficiency and risk mitigation while empowering Councils and Boards with the insights needed for informed decision-making. Resilience During Trade and Tariff Uncertainty: Tribe confirms that ongoing trade uncertainties and potential tariff escalations between the U.S. and Canada have no material impact on its business. As the third-largest condominium management company in Canada, and one of the largest Canadian-owned providers, Tribe continues to demonstrate resilience through various economic cycles, including evolving trade policies. Annuncio • Nov 28
Tribe Property Technologies Inc. Provides Earnings Guidance for the Year 2024 Tribe Property Technologies Inc. provided earnings guidance for the year 2024. The Company is on track to achieve its key goals for 2024 with accelerating revenue growth, improved profitability and expanding margins. The Company reported on its key goals for 2024: Increase monthly recurring revenue. Organic growth fueled by landing new property management agreements, onboarding more communities onto the Tribe platform, winning new software licensing agreements and increasing digital services revenue. Annuncio • Nov 20
Tribe Property Technologies Inc. to Report Q3, 2024 Results on Nov 28, 2024 Tribe Property Technologies Inc. announced that they will report Q3, 2024 results on Nov 28, 2024 New Risk • Oct 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$4.9m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$8.3m net loss next year). Market cap is less than US$100m (€10.3m market cap, or US$11.5m). Reported Earnings • Aug 30
Second quarter 2024 earnings released: CA$0.11 loss per share (vs CA$0.13 loss in 2Q 2023) Second quarter 2024 results: CA$0.11 loss per share (improved from CA$0.13 loss in 2Q 2023). Revenue: CA$6.16m (up 28% from 2Q 2023). Net loss: CA$2.70m (flat on 2Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Annuncio • Aug 20
Tribe Property Technologies Inc. to Report Q2, 2024 Results on Aug 29, 2024 Tribe Property Technologies Inc. announced that they will report Q2, 2024 results on Aug 29, 2024 New Risk • Aug 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.86m (US$9.67m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Market cap is less than US$10m (€8.86m market cap, or US$9.67m). Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$6.9m net loss next year). Share price has been volatile over the past 3 months (8.2% average weekly change). Annuncio • Jul 22
Tribe Property Technologies Inc., Annual General Meeting, Sep 17, 2024 Tribe Property Technologies Inc., Annual General Meeting, Sep 17, 2024. Annuncio • Jul 17
Tribe Property Technologies Inc. Launches Tribe Home App for Android and Announces Enhanced iOS Functionality to Streamline User Experience for Property Management Solutions Tribe Property Technologies Inc. has launched its Tribe Home app for Android devices and upgraded its iOS version, making it easier than ever to manage and live in multi-family residential homes, such as condos and townhouses. The Tribe Home app for Android provides residents with a robust suite of tools to enrich their living experience and enhances the user experience by providing immediate access to essential information and features on the go. With the Tribe Home app users can effortlessly access their account balances, make payments securely around the clock, and stay informed with instant updates on critical building notices, whether related to maintenance schedules, community events, or safety alerts. This centralized information hub fosters transparency and accountability by enabling residents to interact with property managers and fellow residents, submit help desk tickets, and receive timely responses--all from their mobile devices. For Tribe's iOS users, the upgraded Tribe Home app provides enhanced capabilities that foster improved collaboration and communication between residents and community managers. This advancement ensures that iOS users can effectively manage tasks and make informed decisions while on the move, similar to their Android counterparts. The Tribe Home app encourages community engagement by facilitating neighbour interactions and simplifying the preservation process for amenities such as gym facilities or community spaces, available at any time, even in the middle of the night. By offering curated discounts on essential services like food delivery and home insurance, the Tribe Home app not only enhances convenience but also supports a thriving condo-living community, building trust among Residents, Owners, Councils, and Boards. With approximately 40% of Canadians using Android devices1, the Company's Tribe Home app now extends its market reach, putting livability and home management directly in the palm of users' hands. With two full-featured apps that support both iOS and Android users, Tribe Home now reaches more residents than ever, allowing them to manage their homes right in the palm of their hand. This connectivity ensures every resident feels heard and supported, building trust and streamlining community operations. Experience the future of community management with the Tribe Home app, exclusively for residents of Tribe-managed communities. Redefine how engage with and manage community and experience the convenience and efficiency of managing community right from smartphone. The Tribe Home app is free for Tribe-managed community members to download on the Google Play Store and the Apple App Store. New Risk • Jul 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$6.9m net loss next year). Market cap is less than US$100m (€11.3m market cap, or US$12.2m). New Risk • Jun 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 34% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$6.9m net loss next year). Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (€9.92m market cap, or US$10.8m). Annuncio • Jun 06
Tribe Property Technologies Inc. announced that it has received CAD 3.665439 million in funding from DMSI Holdings Ltd., Propelr Growth On June 5, 2024, Tribe Property Technologies Inc. closed the transaction. The company issued 7,048,921 units at a price of CAD 0.52 per Unit to raise aggregate gross proceeds of up to CAD 3,665,438.92. The transaction included participation from DMSI Holdings Ltd. for 961,538 units. Annuncio • Jun 02
Tribe Property Technologies Inc. Reiterates Earnings Guidance for the Year 2024 Tribe Property Technologies Inc. reiterated earnings guidance for the year 2024. The Company is reiterating its key goals for 2024: Increase monthly recurring revenue. Organic growth will be fueled by landing new property management agreements, onboarding more communities onto the Tribe platform, winning new software licensing agreements and increasing digital services revenue; and Improving profitability. The Company expects to continue driving efficiencies in the business resulting in improved gross margins and enhancing Tribe's EBITDA profile. The acquisition of DMSI also further accelerates the Company's goal to achieving profitability. Annuncio • May 31
Tribe Property Technologies Inc. to Report Q1, 2024 Results on May 30, 2024 Tribe Property Technologies Inc. announced that they will report Q1, 2024 results After-Market on May 30, 2024 Annuncio • May 28
Tribe Property Technologies Inc. announced that it expects to receive CAD 3.5 million in funding from DMSI Holdings Ltd., Propelr Growth Tribe Property Technologies Inc. announced a non-brokered private placement of up to 6,730,770 units at a price of CAD 0.52 per Unit to raise aggregate gross proceeds of up to CAD 3,500,000.4 on May 27, 2024. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.82 at any time on or before that date which is five years after the closing date of the financing. The transaction is led by new investor Propelr Growth for 4,615,385 units for aggregate gross proceeds of CAD 2,400,000. The transaction will also include participation by the operators of DMSI Holdings Ltd. Closing of the Financing is subject to certain conditions including, but not limited to, the receipt applicable regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued under the Financing are subject to a hold period expiring four months and one day from the closing date. Annuncio • May 08
Tribe Property Technologies Inc. Provides Earnings Guidance for 2024 Tribe Property Technologies Inc. provided earnings guidance for 2024. For the period, management expectations are for improved revenue growth, profitability and expanding margins. Reported Earnings • May 07
Full year 2023 earnings released: CA$0.67 loss per share (vs CA$0.50 loss in FY 2022) Full year 2023 results: CA$0.67 loss per share (further deteriorated from CA$0.50 loss in FY 2022). Revenue: CA$19.4m (up 8.8% from FY 2022). Net loss: CA$14.2m (loss widened 34% from FY 2022). Annuncio • Feb 01
Tribe Property Technologies Inc. Appoints Angelo Bartolini as President Tribe Property Technologies Inc. provided the following corporate update. Tribe announce the appointment of Angelo Bartolini as President of the Company, in addition to his duties as the Company's Chief Financial Officer. Mr. Bartolini who joined the Company in October 2023 is an accomplished executive leader with over 30 years of experience in public companies, including Altus Group, where he was CFO for over 12 years. During his tenure at Altus Group, Mr. Bartolini helped drive transformative growth and significant shareholder value. Reporting directly to Joseph Nakhla, CEO of Tribe, Mr. Bartolini will be responsible for all operational aspects of the Company, in addition to his finance, accounting and financial reporting functions. Annuncio • Dec 19
Tribe Property Technologies Inc. (TSXV:TRBE) completed the acquisition of Meritus Group Management Inc. Tribe Property Technologies Inc. (TSXV:TRBE) signed a share purchase agreement to acquire Meritus Group Management Inc. for CAD 1 million on August 29, 2023. In exchange for all the outstanding share capital of Meritus, Tribe has agreed to pay CAD 1 million to the existing shareholders of Meritus Group Management Inc., payable as CAD 0.05 million payable in cash within five (5) days of execution of the Agreement; CAD 0.45 million payable in cash on Closing, subject to adjustments; CAD 0.2 million payable in common shares of Tribe; and CAD 0.3 million payable by promissory note to be executed and delivered on Closing. All Consideration Shares issued will be subject to a voluntary lock-up from which one-third of the Consideration Shares will be released every six months for a period of eighteen months. The Note evidencing the Vendor Financing shall bear interest of 7% per annum, with interest payable on the 1st day of each month commencing November 1, 2023. The principal shall be paid in equal annual instalments with one third payable commencing October 2, 2024. The Vendor Financing shall be secured against the assets of Meritus. It is anticipated that Meritus will continue to operate independently until mid-2024 at which time, Meritus principal Dean McCabe and the rest of the Meritus team will formally join Tribe.
Meritus generated over CAD 2 million in revenues in its latest fiscal year. Dean McCabe will continue to lead Meritus. Closing is subject to receipt of TSX Venture Exchange approval and satisfaction of customary conditions and documentation. Closing is expected at the end of September 2023. No finder's fees were paid or payable in conjunction with this transaction.
Tribe Property Technologies Inc. (TSXV:TRBE) completed the acquisition of Meritus Group Management Inc. on December 18, 2023. Reported Earnings • Nov 30
Third quarter 2023 earnings released: CA$0.098 loss per share (vs CA$0.13 loss in 3Q 2022) Third quarter 2023 results: CA$0.098 loss per share (improved from CA$0.13 loss in 3Q 2022). Revenue: CA$4.80m (up 5.9% from 3Q 2022). Net loss: CA$2.07m (loss narrowed 24% from 3Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Software industry in Germany. Annuncio • Nov 17
Tribe Property Technologies Inc. to Report Q3, 2023 Results on Nov 29, 2023 Tribe Property Technologies Inc. announced that they will report Q3, 2023 results on Nov 29, 2023 Annuncio • Oct 11
Tribe Property Technologies Inc. Appoints Angelo Bartolini as Chief Financial Officer Tribe Property Technologies Inc. announced the appointment of Angelo Bartolini as Chief Financial Officer (CFO), effective immediately. Reporting directly to Joseph Nakhla, CEO of Tribe, Mr. Bartolini will have responsibility for all finance, accounting, financial reporting, audit, tax and capital planning functions. He will assume the Chief Financial Officer role from Jim Defer, who is pursuing other opportunities. Mr. Bartolini is an accomplished executive leader with over 12 years of experience in a public company setting where recently he led as the CFO of Altus Group. During his tenure at Altus Group, Mr. Bartolini helped drive transformative growth and significant shareholder value. In his role, he was accountable for quarterly financial reporting and the overall financial management of the company which included capital management, equity and debt financing, performance management including budgeting and forecasting, financial risk management and internal controls, M&A execution, and integration. Mr. Bartolini also has extensive experience from his senior financial roles with the Canadian division of The Home Depot as well as with Canadian Tire Corporation. Previously, Mr. Bartolini also served as the Chair of the Board of Directors of GeoVerra, a geomatics firm providing land surveying, forestry, environmental, and geospatial solutions, where he established Board governance structure and implementation of corporate policies. He holds an Honors degree in Business Administration from Western University and is a member of the Chartered Professional Accountants (CPA) of Ontario. Reported Earnings • Sep 03
Second quarter 2023 earnings released: CA$0.13 loss per share (vs CA$0.14 loss in 2Q 2022) Second quarter 2023 results: CA$0.13 loss per share (improved from CA$0.14 loss in 2Q 2022). Revenue: CA$4.82m (up 11% from 2Q 2022). Net loss: CA$2.72m (loss narrowed 8.6% from 2Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Software industry in Germany. Annuncio • Sep 01
Tribe Property Technologies Inc. Provides Earnings Guidance for the Year 2023 Tribe Property Technologies Inc. provided earnings guidance for the year 2023. For the year, the Management remains optimistic that 2023 will be a strong year for Tribe, expecting improved revenue, profitability and expanding margins. Annuncio • Aug 31
Tribe Property Technologies Inc. (TSXV:TRBE) signed a share purchase agreement to acquire Meritus Group Management Inc. for CAD 1 million. Tribe Property Technologies Inc. (TSXV:TRBE) signed a share purchase agreement to acquire Meritus Group Management Inc. for CAD 1 million on August 29, 2023. In exchange for all the outstanding share capital of Meritus, Tribe has agreed to pay CAD 1 million to the existing shareholders of Meritus Group Management Inc., payable as CAD 0.05 million payable in cash within five (5) days of execution of the Agreement; CAD 0.45 million payable in cash on Closing, subject to adjustments; CAD 0.2 million payable in common shares of Tribe; and CAD 0.3 million payable by promissory note to be executed and delivered on Closing. All Consideration Shares issued will be subject to a voluntary lock-up from which one-third of the Consideration Shares will be released every six months for a period of eighteen months. The Note evidencing the Vendor Financing shall bear interest of 7% per annum, with interest payable on the 1st day of each month commencing November 1, 2023. The principal shall be paid in equal annual instalments with one third payable commencing October 2, 2024. The Vendor Financing shall be secured against the assets of Meritus. It is anticipated that Meritus will continue to operate independently until mid-2024 at which time, Meritus principal Dean McCabe and the rest of the Meritus team will formally join Tribe.
Meritus generated over CAD 2 million in revenues in its latest fiscal year. Dean McCabe will continue to lead Meritus. Closing is subject to receipt of TSX Venture Exchange approval and satisfaction of customary conditions and documentation. Closing is expected at the end of September 2023. No finder's fees were paid or payable in conjunction with this transaction. Annuncio • Aug 10
Tribe Property Technologies Inc. to Report Q2, 2023 Results on Aug 30, 2023 Tribe Property Technologies Inc. announced that they will report Q2, 2023 results on Aug 30, 2023 Reported Earnings • Jun 02
First quarter 2023 earnings released: CA$0.11 loss per share (vs CA$0.10 loss in 1Q 2022) First quarter 2023 results: CA$0.11 loss per share (further deteriorated from CA$0.10 loss in 1Q 2022). Revenue: CA$4.66m (up 11% from 1Q 2022). Net loss: CA$2.41m (loss widened 17% from 1Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Software industry in Germany. Annuncio • May 17
Tribe Property Technologies Inc. to Report Q1, 2023 Results on May 31, 2023 Tribe Property Technologies Inc. announced that they will report Q1, 2023 results at 1:30 PM, Pacific Standard Time on May 31, 2023 Reported Earnings • May 03
Full year 2022 earnings released: CA$0.50 loss per share (vs CA$0.50 loss in FY 2021) Full year 2022 results: CA$0.50 loss per share (further deteriorated from CA$0.50 loss in FY 2021). Revenue: CA$17.8m (up 13% from FY 2021). Net loss: CA$10.5m (loss widened 39% from FY 2021). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Software industry in Germany. Annuncio • Jan 10
Tribe Property Technologies Inc. (TSXV:TRBE) acquired Portfolio Of Strata Property Management Assets from Warrington PCI Management. Tribe Property Technologies Inc. (TSXV:TRBE) agreed to acquire Portfolio Of Strata Property Management Assets from Warrington PCI Management for CAD 0.35 million on November 22, 2022. Tribe has agreed to pay WPM up to CAD 0.375,000 million, payable as follows: i. CAD 0.250,000 million payable on the closing date; ii. Two tranches of CAD 37,500, each tranche payable in common shares of Tribe, upon the successful engagement of two additional properties, and iii. CAD 50,000 payable upon the date that is one-month after the first anniversary of the closing date, subject to adjustment. The closing date is expected to occur in early December 2022, subject to receipt of TSX Venture Exchange approval and satisfaction of customary closing conditions and documentation.
Tribe Property Technologies Inc. (TSXV:TRBE) acquired Portfolio Of Strata Property Management Assets from Warrington PCI Management on January 9, 2023. To acquire this portfolio, Tribe has agreed to pay WPM up to CAD 375,000, as follows: CAD 200,000 paid at closing; two tranches of CAD 37,500 each tranche payable in common shares of Tribe, with no greater than a total of 62,500 common share of Tribe to be issued at a deemed issue price no Less than CAD 1.20 per common share, upon the succession engagement of two additional properties, and; CAD 100,000 to be paid on February 5, 2024. Reported Earnings • Dec 01
Third quarter 2022 earnings released: CA$0.13 loss per share (vs CA$0.11 loss in 3Q 2021) Third quarter 2022 results: CA$0.13 loss per share (further deteriorated from CA$0.11 loss in 3Q 2021). Revenue: CA$4.53m (up 11% from 3Q 2021). Net loss: CA$2.73m (loss widened 55% from 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CA$0.14 loss per share (vs CA$0.10 loss in 2Q 2021) Second quarter 2022 results: CA$0.14 loss per share (down from CA$0.10 loss in 2Q 2021). Revenue: CA$4.33m (up 9.1% from 2Q 2021). Net loss: CA$2.97m (loss widened 81% from 2Q 2021). Over the next year, revenue is forecast to grow 64%, compared to a 7.8% growth forecast for the Software industry in Germany. Reported Earnings • Jun 04
First quarter 2022 earnings released: CA$0.10 loss per share (vs CA$0.24 loss in 1Q 2021) First quarter 2022 results: CA$0.10 loss per share (up from CA$0.24 loss in 1Q 2021). Revenue: CA$4.20m (up 11% from 1Q 2021). Net loss: CA$2.06m (loss narrowed 35% from 1Q 2021). Over the next year, revenue is forecast to grow 54%, compared to a 13% growth forecast for the industry in Germany. Annuncio • May 19
Tribe Property Technologies Inc. to Report Q1, 2022 Results on May 30, 2022 Tribe Property Technologies Inc. announced that they will report Q1, 2022 results at 2:00 PM, Pacific Standard Time on May 30, 2022 Annuncio • May 14
Tribe Property Technologies Inc. (TSXV:TRBE) agreed to acquire Southview Property Management Inc. for CAD 0.6 million. Tribe Property Technologies Inc. (TSXV:TRBE) agreed to acquire Southview Property Management Inc. for CAD 0.6 million on May 12, 2022. The consideration includes a.) CAD 0.2 million payable on the closing date b.) CAD 0.3 million payable in common shares of Tribe c.) CAD 0.1 payable on the date that is 90 days following the closing date subject to certain adjustments based on revenue and customer contracts. Transaction is subject to receipt of TSX Venture Exchange approval and satisfaction of customary conditions and documentation and is expected to close on or about June 30, 2022 Reported Earnings • May 04
Full year 2021 earnings released: CA$0.50 loss per share (vs CA$0.60 loss in FY 2020) Full year 2021 results: CA$0.50 loss per share. Revenue: CA$15.8m (up 244% from FY 2020). Net loss: CA$7.61m (loss widened 7.0% from FY 2020). Over the next year, revenue is forecast to grow 52%, compared to a 14% growth forecast for the industry in Germany. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Andrew Kiguel was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.