on OneSoft Solutions Inc. (isin : CA68276J1021)
OneSoft Solutions Inc. Awarded by TSX Venture 50 for Outstanding Performance
OneSoft Solutions Inc. (TSXV: OSS) (OTCQB: OSSIF), based in Edmonton, has been recognized by the TSX Venture Exchange as one of the top performing companies in the technology sector. This acknowledgment is part of the TSX Venture 50, which highlights the performance of TSXV issuers in various sectors, including Technology, based on their market capitalization growth, share price appreciation, and trading volume in 2023.
Last year, the Technology sector saw an average market capitalization growth of 224% and an average share price increase of 178%. Dwayne Kushniruk, CEO of OneSoft, emphasized the company's significant revenue growth, reaching 50% year-over-year over the past two years, as well as its progress towards achieving positive cash flow operations in 2024.
OneSoft develops software technologies and products that facilitate the migration of on-premises licensed software applications to the Microsoft Azure cloud platform, integrating Artificial Intelligence and predictive analytics to deliver effective SaaS solutions.
OneSoft's Canadian and American subsidiaries, OneBridge, develop and market groundbreaking SaaS solutions using Data Science and Machine Learning to analyze large volumes of data and assist oil and gas pipeline operators in preventing failures.
R. P.
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