Business
ICEsoft Releases 2024 Financial Results and Announces Strategic Initiative
Calgary, Alberta--(Newsfile Corp. - April 29, 2025) - ICEsoft Technologies Canada Corp. (CSE: ISFT) (the "Corporation" or the "Company" or "ICEsoft") is pleased to announce its consolidated financial results for the years ended December 31, 2024 and 2023. Detailed results and Management's discussion and analysis are now available on SEDAR at www.sedarplus.ca.Annual highlights are as follows: The Company realized a net operating loss of $1,008 on revenues of $1,916,241ICEsoft's Voyent Alert! serv
About this update from Icesoft Technologies Canada Corp
[{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - April 29, 2025) - ICEsoft Technologies Canada Corp. (CSE: ISFT) (the "Corporation" or the "Company" or "ICEsoft") is pleased to announce its consolidated financial results for the years ended December 31, 2024 and 2023. Detailed results and Management's discussion and analysis are now available on SEDAR at www.sedarplus.ca.","length":395,"tagName":"p"},{"type":"text","content":"Annual highlights are as follows:","length":33,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The Company realized a net operating loss of $1,008 on revenues of $1,916,241","length":77,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"ICEsoft's Voyent Alert! service is now used by 700+ North American communities and enterprises.","length":99,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Company has now realized 18 consecutive quarters of growth in subscription-based revenues.","length":94,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Client retention remains high, exceeding 97% and win rates in competitive situations exceed 80%.","length":96,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":366,"olType":false},{"type":"text","content":""We continue to be pleased with the adoption of Voyent Alert! across the North American market. It has become a critical communication tool for local and regional governments both in times of crisis and for general day-to-day communications," stated Brian McKinney, President and CEO.","length":294,"tagName":"p"},{"type":"text","content":"In addition, the Company is announcing today that it has initiated a strategic review process to explore and evaluate potential options to enhance shareholder value.","length":165,"tagName":"p"},{"type":"text","content":"About ICEsoft Technologies Canada Corp.: ","length":40,"tagName":"p"},{"type":"text","content":"ICEsoft Technologies Canada Corp. is a software-as-a-service ("SaaS") company. ICEsoft's newest product Voyent Alert! is an affordable Community Alerting Service specifically designed to meet the needs of small to medium sized municipalities, regional governments and campuses. The flexible platform serves the dual purpose of alerting and advising residents during a critical incide...