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INX Intouch Insight News Story

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Intouch Insight Q3 revenue stable, gross margin up

Overview

Intouch Q3 revenue stable at C$6.63 mln, gross margin slightly up

Company completed acquisition of ClearPoint Solutions US

Operating expenses rose 11% as company invests in growth

Outlook

Intouch targets C$50 mln annual revenue by end of 2028

Company anticipates temporary profitability impact through 2026 and 2027

Intouch expects operating leverage and robust profitability approaching 2028

Result Drivers

SaaS REVENUE GROWTH - Co reports 3% organic growth in SaaS revenues, contributing to improved revenue mix

ACQUISITION - Co completed acquisition of ClearPoint Solutions, expanding market presence

INVESTMENT IMPACT - Operating expenses rose 11% as co invests in future growth, impacting profitability

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueC$6.63 mln
Q3 Gross Margin48.40%
Press Release: ID:nCNWMYmvza For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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