Pluribus Technologies Corp (TSXV:PLRB)
C$ 0.03 0 (0%) Market Cap: 475,000.00 Enterprise Value: 18.70 Mil PE Ratio: 0 PB Ratio: 0.03 GF Score: 0/100

Q4 2022 Pluribus Technologies Corp Earnings Call Transcript

May 02, 2023 / 12:30PM GMT
Release Date Price: C$1.3 (-10.34%)
Operator

(technical difficulty) Mr. Adair, you may begin your conference.

Richard D. Adair
Pluribus Technologies Corp. - Co-Founder, CEO & Director

Thanks, Savi. Good morning, everyone, and thank you for joining us today. On the call with me today is Simon Giannakis, our CFO. In terms of an agenda, I will recap the year and provide an update on our strategy, before turning the call over to Simon for a brief financial review. We'll then open the call to questions.

2022 was a transformative year for the company. In the first 6 months, we went public and raised $25 million in equity. When combined with the new $42 million bank credit facility, we significantly increased our access to capital. We deployed that capital by completing 4 acquisitions in our e-learning, e-commerce and digital enablement verticals.

Kesson Group, headquartered in Toronto, was our first EdTech business under our e-learning vertical and offers a suite of products geared towards helping schools address the global teacher shortage: Teach Away, a recruitment and professional

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