|Bid||0.1200 x N/A|
|Ask||0.1250 x N/A|
|Day's Range||0.1200 - 0.1200|
|52 Week Range||0.0450 - 0.1300|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TORONTO, Jan. 31, 2020 /CNW/ - Posera Ltd. ("Posera") today announces that the court-approved the Arrangement Agreement (the "Arrangement") for the acquisition of Posera by PayFacto Inc. ("PayFacto") has been completed. Pursuant to the Arrangement, PayFacto has acquired all of Posera's issued and outstanding common shares ("Shares") for $14.5 million CDN on a cash free, debt free basis, in an all cash transaction, of which $1 million will be placed in escrow for a period of 2 years. "On behalf of Posera's Board, I am thrilled to announce the successful conclusion of Posera's strategic review process with the completion of the privatisation of Posera via the Arrangement with PayFacto," said Tom McCole, Chairman of the Board of Directors of Posera.
MONTREAL , Jan. 22, 2020 /CNW/ - Posera Ltd. (TSX : PAY) ("Posera" or the "Company"), a global provider of software solutions for the hospitality industry, today announces that at the ...
MONTREAL, Jan. 14, 2020 /CNW/ - Posera Ltd. (TSX:PAY.TO - News), a global provider of software solutions for the hospitality industry, today announces the success of the Great Migration project, aimed at upgrading Posera's extensive base of Maitre'D point-of-sale (POS) customers to the latest Maitre'D version with software-as-a-service (SaaS) packages. In November of 2019, Posera announced the launch of The Maitre'D TOTAL Experience, a SaaS-based offering of a suite of software tools and services developed to support and optimize every aspect of a restaurateur's business operations and management. Posera extended its SaaS offerings to its extensive 20,000-strong customer-base in a specialized program called – The Great Migration.
With offices in Montreal , Toronto and the United States , PayFacto is committed to providing its customers with innovative, flexible and highly competitive payment solutions, making it the payment processor of choice for more than 30,000 merchants. For 30 years, Posera has focussed exclusively on helping hospitality industry merchants improve all aspects of their business operations by offering feature-rich, dynamic solutions such as the Maitre'D point-of-sale system, KDS for kitchen display and management, and the SecureTablePay pay-at-the-table product – serving more than 15,000 hospitality businesses worldwide.
ATLANTA and MONTREAL , Nov. 21, 2019 /CNW/ - protel, provider of cloud-based advanced hospitality systems, and Posera, a global leader of hospitality industry software, announce the integration of protel's property management system (PMS) and the Maitre'D point-of-sale solution (POS), offering hoteliers a best-in-class, complete property management solution. Hospitality properties can communicate guest and billing information through protel's innovative cloud PMS, protel's Enterprise Hospitality Platform, and food and beverage venues through the feature-rich Maitre'D POS, instantaneously reconciling sales data and consolidating sales reporting across the property or property group. In recent years, Posera has developed PMS interface APIs for its Maitre'D POS and successfully answered the increasing demand of hotels and other types of hospitality properties for a holistic view of every aspect of an operation.
During the three-months ended September 30, 2019 , Posera reported total revenues of $1.73 million compared to total revenues of $2.33 million and $2.00 million for the three-months ended September 30, 2018 and June 30, 2019 respectively. The decrease in revenues year over year is driven largely by a reduction in KDS sales, given there was a large customer deployment of KDS units in the prior year, which helped boost revenues during the three-months ended September 30, 2018 . Posera increased its recurring revenue by 5% to $0.87 million during the third quarter of 2019, compared to $0.83 million during the three-months ended September 30, 2018 .
MONTREAL and SOUTH PLAINFIELD, NJ, Nov. 5, 2019 /CNW/ - Posera Ltd. (TSX:PAY.TO - News), a global provider of software solutions for the hospitality industry, and Touch Dynamic, a leading manufacturer of all-in-one touch systems, industrial PCs, and mobile point-of-sale (POS) tablets, announce the launch of the new Maitre'D POS mobile system, powered by the Quest POS tablet series, enabling merchants to use Maitre'D as a mobile POS for table-side ordering and payment. The complete Maitre'D system, with its full-featured functionality and versatile integrations that supports all facets of restaurants' activities in over 20,000 restaurants, is available with the new Maitre'D mobile POS, operating on the state-of-the-art Quest III handheld tablets.
TORONTO , Oct. 15, 2019 /CNW/ - Posera Ltd. (TSX : PAY), a leading provider of software solutions for the hospitality industry, today announces an integration with TD Merchant Solutions ("TDMS") ...
LONDON, ON, Sept. 17, 2019 /CNW/ - Posera Ltd. (TSX:PAY.TO - News), a leading provider of software solutions for the hospitality industry, and Intelligent Cellars, producer of the Alfred Pro cellar management smart technology, announced an integration partnership to provide hospitality merchants comprehensive cellar management technology with the Maitre'D point of sale system ("POS"). Specifically designed for restaurant industry professionals, Alfred Pro's technology is a smart tool that maximizes the customer experience and manages wine inventory in real-time. Intelligent Cellars' highly specialized software boasts substantial time, waste, and cost savings, thanks to its proprietary AI-powered smart application.
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