Kanata-based software firm said late Tuesday it posted sales of $17.5 million for the fiscal year ending March 31, up just four per cent from the previous year’s revenues of $16.8 million.
Veteran executive replaces Erin Crowe, who left the Kanata software firm earlier this year to return to the Ottawa Senators as senior vice-president and chief financial officer.
Martello Technologies is getting a multimillion-dollar funding boost as it looks to bounce back from a pandemic-fuelled slump that stalled a years-long stretch of virtually uninterrupted growth.
Kanata-based network troubleshooting software company booked revenues of $4.46 million for the three-month period ending Dec. 31, down from $4.63 million a year earlier.
Veteran finance executive, who now serves as CFO of Kanata-based Martello Technologies, spent nearly two decades with the NHL club before leaving in 2015.
Kanata software firm reported revenues of $4.41 million for the three-month period ending Sept. 30, virtually unchanged from $4.4 million in the same period in 2020.
Software company said Tuesday it posted revenues of $16.8 million for the fiscal year ending March 31, up from $11.2 million a year earlier.
Kanata firm reported a 63 per cent jump in second-quarter revenues Wednesday as it continues to add new income streams and grow its customer base beyond its traditional Mitel sales channels.
Longtime tech exec praised for "vision and years of dedication" to building fast-growing Kanata firm.
Martello's Q1 revenues surge 21% as software gains 'must-have' status in COVID-19 era, Kanata firm says
Company reported revenues of $3.33 million in the first quarter of fiscal 2021 as shift to remote work fuelled demand for its products.