Advertisement
Global  

“News neutrality by unbiased coverage”
One News Page
> >

RESAAS Services to focus on lifting sales in 2018, says Rossiter

Proactive Investors Thursday, 17 May 2018
RESAAS Services Inc (CVE:RSS, OTCMKTS:RSASF) says it will focus on increasing sales in fiscal 2018 as chief executive Tom Rossiter updated on  achievements for this and last year. The real estate focused cloud platform boss, said the company would focus particularly on midsize real-estate brokerages with the goal of driving further revenue growth and maintaining the current level of revenue derived from recurring income. It also plans to integrate Real-Block Inc's technology into its existing platform, with the goal of enhancing and expanding referral services. Resaas acquired Real-Block Inc, a Toronto-based company holding a real estate blockchain application in 2017. Resaas is beginning the process of integrating its Ethereum-based blockchain into the former's current workflows with a focus on agent referral applications. Among 2017's achievements, said Rossiter, was  increasing revenue by 50% in fiscal 2017 compared to 2016, 90% of which was, by the fourth quarter, revenue derived from recurring income (compared to 50% in the first quarter of fiscal 2017). Also, reducing the cash burn rate in each month of fiscal 2017 and securing a team of experienced sales personnel to provide new sales and marketing strategies to RESAAS, as well as to begin targeting and selling to the commercial real estate sector. Shares in Toronto were unchanged at C$0.48.
0
shares
ShareTweetSavePostSend
 

Recent related videos from verified sources

National Vision CEO Reveals How His Sales Have Risen for 66 Straight Quarters [Video]National Vision CEO Reveals How His Sales Have Risen for 66 Straight Quarters 10:21

National Vision CEO Reade Fahs readily admits that 66 straight quarters of same-store sales growth is on the abnormal side of things. But, Fahs says National Vision's (which has notched that stunning..

Credit: The Street - Published

Ferro Will Oversee Disney/ABC And ESPN Sales, Erhardt To Retire In 2019 [Video]Ferro Will Oversee Disney/ABC And ESPN Sales, Erhardt To Retire In 2019 05:07

In the most significant manifestation of its desire to offer one-stop advertising, Walt Disney Co. is consolidating ESPN and Disney/ABC properties under Rita Ferro while announcing that longtime ESPN..

Credit: BeetTV - Affiliate - Published

Units Or Impressions, Ads Should Be Planned Holistically: Essence’s Gerber [Video]Units Or Impressions, Ads Should Be Planned Holistically: Essence’s Gerber 04:39

Just because consumers have lots of video delivery choices—whether it’s VOD or one of several other acronyms—doesn’t mean advertisers should think of those platforms as silos to be filled with..

Credit: BeetTV - Affiliate - Published


Recent related news from verified sources

RESAAS Services Inc taps former Microsoft executive Pierre Chadi as board chairman

RESAAS Services Inc (CVE:RSS), the real-estate focused technology group, has tapped Pierre Chadi as the chairman of its board, effective immediately. Chadi, who...
Proactive Investors - Business

Fertoz secures stockpile of rock phosphate to help meet growing sales

Fertoz Ltd (ASX:FTZ) has secured access to a 100,000-tonne stockpile of high-quality rock phosphate located close to its operations in Montana. The stockpile...
Proactive Investors - Business

Homeowners Remaining in Their Homes Longer Despite Rising Equity, According to First American Potential Home Sales Model

Homeowners Remaining in Their Homes Longer Despite Rising Equity, According to First American Potential Home Sales Model
SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk...
Business Wire - Press Releases

You Might Like


Tweets about this


Other recent news in Business

FACEBOOK hires Nick Clegg as head of global affairsUK ports are 'not ready' for no-deal BREXIT
PERSIMMON boss refuses to answer questions about £75m bonusTesla is set for gains after ELON MUSK announced lower-cost Model 3 (TSLA)
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest