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Boardwalktech Expands Global Partnerships, Boosting Recurring Revenue

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Boardwalktech Expands Global Partnerships, Boosting Recurring Revenue

Meet Your ETF AI Analyst

Boardwalktech Software ( (TSE:BWLK) ) has issued an update.

Boardwalktech Software Corp. has announced the renewal and expansion of contracts with several major global enterprises, enhancing its recurring revenue. The world’s largest social media company has extended its partnership with Boardwalktech, while a major IT services firm has increased its user base and functionality of its pricing application on Boardwalktech’s platform. Additionally, a global chemical manufacturer is expanding its use of Boardwalktech’s Unity Central product to optimize supply chain operations. These expansions reflect the growing trust in Boardwalktech’s technology across diverse industries, driving organic growth and reinforcing its market position.

Spark’s Take on TSE:BWLK Stock

According to Spark, TipRanks’ AI Analyst, TSE:BWLK is a Neutral.

Boardwalktech Software’s overall stock score reflects significant financial challenges, including revenue declines and high debt, which are major concerns. However, technical analysis shows a stable trend, and recent corporate events such as strategic partnerships and successful financing offer hope for future improvements. The valuation remains weak due to negative earnings, but efforts to bolster financial stability provide a modest positive outlook.

To see Spark’s full report on TSE:BWLK stock, click here.

More about Boardwalktech Software

Boardwalktech Software Corp. is a leading company in digital ledger platform and AI enterprise software solutions, providing patented technology used by Fortune 500 companies for mission-critical applications. The company’s platform allows multiple parties to work on the same data simultaneously while maintaining data fidelity and provenance. Headquartered in Cupertino, California, Boardwalktech operates in North America and India.

Average Trading Volume: 90,413

Technical Sentiment Signal: Sell

Current Market Cap: C$3.52M

For a thorough assessment of BWLK stock, go to TipRanks’ Stock Analysis page.

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