공지 • Oct 22
TrackX Holdings Inc.'s Listing to Transfer to NEX In accordance with TSX Venture Policy 2.5, TrackX Holdings Inc. has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on October 23, 2023, the Company'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 October 23, 2023, 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 TKX to TKX.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 April 6, 2023, trading in the shares of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice. 공지 • Dec 08
SpotLite360 IOT Solutions, Inc. (CNSX:LITE) entered into a non-binding Letter of Intent to acquire TrackX Holdings Inc. (TSXV:TKX). SpotLite360 IOT Solutions, Inc. (CNSX:LITE) entered into a non-binding Letter of Intent to acquire TrackX Holdings Inc. (TSXV:TKX) on December 7, 2022. The Proposed Transaction is expected to be structured as a plan of arrangement, merger, amalgamation, share exchange, and/or other similar transaction that will result in TrackX becoming a wholly owned subsidiary of SpotLite360. SpotLite360 is also reported that James Greenwell has resigned as the Chief Executive Officer and President of Spotlite360. Tim Harvie, will be assuming the interim responsibilities of President and Chief Executive Officer on behalf of the Company through the completion of the Proposed Transaction. SpotLite360 and TrackX have agreed to negotiate in good faith the terms of a definitive agreement with respect to the Proposed Transaction and to consummate the Proposed Transaction during Q1 2023.
In addition to entering into a definitive agreement between the parties, the Proposed Transaction is subject to receipt of all necessary regulatory approvals, including, as applicable, approval of the Canadian Securities Exchange ("CSE"), approval of the TSX Venture Exchange (“TSX-V”), TrackX shareholder approval, and completion of due diligence reasonable or customary in a transaction of a similar nature, among other conditions. 공지 • Sep 23
TrackX Holdings Inc., Annual General Meeting, Nov 04, 2022 TrackX Holdings Inc., Annual General Meeting, Nov 04, 2022. Reported Earnings • Aug 30
Third quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.01 loss in 3Q 2021) Third quarter 2022 results: CA$0.001 loss per share (up from CA$0.01 loss in 3Q 2021). Revenue: CA$348.5k (down 52% from 3Q 2021). Net loss: CA$154.0k (loss narrowed 88% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Second quarter 2022 earnings released: CA$0.004 loss per share (vs CA$0.006 loss in 2Q 2021) Second quarter 2022 results: CA$0.004 loss per share (up from CA$0.006 loss in 2Q 2021). Revenue: CA$369.0k (down 14% from 2Q 2021). Net loss: CA$480.4k (loss narrowed 4.6% from 2Q 2021). Reported Earnings • Mar 04
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: CA$0.001 loss per share (down from CA$0.004 profit in 1Q 2021). Revenue: CA$529.1k (down 40% from 1Q 2021). Net loss: CA$170.2k (down 151% from profit in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 30
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: CA$0.007 loss per share (down from CA$0.002 profit in FY 2020). Revenue: CA$3.49m (down 12% from FY 2020). Net loss: CA$758.7k (down CA$944.0k from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 04
Third quarter 2021 earnings released: CA$0.01 loss per share (vs CA$0.007 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CA$727.8k (down 29% from 3Q 2020). Net loss: CA$1.32m (loss widened 151% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Second quarter 2021 earnings released: CA$0.006 loss per share (vs CA$0.027 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CA$428.3k (down 54% from 2Q 2020). Net loss: CA$503.3k (down 123% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. 공지 • Apr 14
TrackX Holdings Inc. announced that it has received CAD 2 million in funding On April 12, 2021, TrackX Holdings Inc. (TSXV:TKX) closed the transaction. Each Warrant entitles the holder thereof to purchase one additional Share of the company at an exercise price of CAD 0.075 until April 8, 2023. All securities issued or issuable under the transaction are subject to a four-month hold period expiring on August 9, 2021 in addition to such other restrictions as may apply under applicable securities laws in jurisdictions outside of Canada. 공지 • Mar 07
TrackX Holdings Inc. announced that it expects to receive CAD 2 million in funding TrackX Holdings Inc. (TSXV:TKX) announced a non-brokered private placement of 40,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 2,000,000.26 on March 5, 2021. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable for one common share at a price of CAD 0.75 per share for a period of 24 months. The company has granted incentive stock options to directors, officers and consultants to purchase up to 4,180,000 common shares in the capital of the company exercisable at a price of CAD 0.075 per share for a period of ten years, subject to TSX Venture Exchange acceptance. The finder's fees will be payable in accordance with TSX Venture Exchange policies.. The closing of the offering is subject to certain closing conditions including, but not limited to, conditional approval from the TSX Venture Exchange and receipt of any other required regulatory approvals. All securities issued in the transaction will be subject to a four-month hold period. Reported Earnings • Mar 03
First quarter 2021 earnings released: EPS CA$0.004 (vs CA$0.01 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CA$884.5k (down 25% from 1Q 2020). Net income: CA$332.9k (up CA$1.08m from 1Q 2020). Profit margin: 38% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 05
Full year 2020 earnings released: EPS CA$0.002 (vs CA$0.053 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CA$3.96m (down 37% from FY 2019). Net income: CA$185.3k (up CA$4.10m from FY 2019). Profit margin: 4.7% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. 공지 • Dec 04
TrackX and Topl Announce Strategic Partnership Combining Blockchain with Asset Management to Empower End-to-End Supply Chain Transparency TrackX and Topl are teaming up to provide a verifiable tracking and tracing solution to meet the growing demand for greater supply chain sustainability, transparency, and efficiency.
Meeting the three core customer needs of supply chain sustainability, transparency, and efficiency requires companies to be highly collaborative and transparent across the entire supply chain ecosystem. Despite advances in automation and data collection, obstacles remain. Supply chain partners are reticent to share their internal data, which erodes trust and prevents transparency. Often a unified and real-time view across the entire supply chain does not exist, making it difficult to find opportunities for improvement and to verify product sourcing and sustainability claims. TrackX and Topl are coming together to solve these challenges. The integrated solution will combine Topl’s purpose-built blockchain technology with TrackX’s core enterprise asset management and supply chain optimization capabilities. Partners will be able to confidently and securely share verified event data to lower costs and increase transparency. Companies can now provide their customers and consumers with verifiable proof of origin and sustainability as well as Corporate Social Responsibility (CSR) claims. Unlike other supply chain optimization platforms, the TrackX and Topl platform will be able to reliably collect, track, report, and verify supply chain events in a single end-to-end solution.