Ackroo Capitalizes on Simpliconnect Acquisition

Ackroo Inc (TSE:AKR) has released an update.

Ackroo Inc., a consolidator in loyalty marketing and point-of-sale technology, has reported successful integration and financial benefits from its recent acquisition of Simpliconnect. The company has achieved operational efficiencies and a 60%+ profit margin from the acquisition, with expectations of continued benefits post-migration. Ackroo also boasts a strong post-acquisition financial performance, with significant revenue contribution and a strategic share buyback program.

For further insights into TSE:AKR stock, check out TipRanks’ Stock Analysis page.