Beyond Commerce Inc (BYOC)

[AUhills]

Key Business Highlights from last financial report:

* Revenues increased by 5% to $3.0 million
* Gross profit decreased by 1% to $2.0 million
* Gross margin of 67%
* Total assets of $5.4 million

* Awarded contract from Metrasens
* Awarded contract from Compass Minerals

Subsequent to the End of Q3 2020:

* Awarded contract from Cargill
* Awarded renewal contract from GE
* Joined CompTIA as an affinity partner
* Awarded contract from Vyaire Medical
* Joined TSIA's partner advisory board
* Awarded multi-year contract extension from 3M
* Awarded contract from Clarivate

"As you can see from the flurry of recent press releases regarding new contract awards, extensions and renewals, we are returning to an increase in business activity from our customers." Commented, Geordan Pursglove, Beyond Commerce's Chief Executive Officer. "While some customers had paused their businesses, no revenue was lost and we are witnessing an acceleration of revenue from pent-up demand. We continue on our path of complementary acquisitions, as exemplified by our recently announced definitive agreement to acquire E.G. Insight, we expect to close by the end of December. We are very well-positioned to continue to grow organically and acquisitively and have our sights on demonstrating operating profitability in 2021."


https://www.bloomberg.com/press-releases/2020-11-17/beyond-commerce-reports-third-quarter-2020-results