Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
The latest update is out from Esstra Industries ( (TSE:MIVO) ).
Miivo Holdings Corp. has announced a strategic shift from being an investment issuer to a technology issuer, focusing on leveraging artificial intelligence to drive growth and innovation in the SME sector. This change is driven by recent management changes and the increasing demand for AI-powered solutions, aiming to address the underserved market of SMEs lacking affordable CFO and advisory support. Miivo plans to develop its AI CFO platform in-house, targeting the significant market opportunity presented by the 32.2 million SMEs in the United States. The company intends to transform underperforming businesses into scalable, product-driven models through AI-powered automation, enhancing operations, customer engagement, and financial performance.
More about Esstra Industries
Miivo Holdings Corp. is a company that was initially established as a Tier 2 Investment issuer, focusing on investing in a variety of businesses, primarily in the technology sector. The company is now shifting its strategy to become a Tier 2 Technology issuer, with a focus on developing and selling its own technology offerings, particularly centered around artificial intelligence solutions for small and medium-sized enterprises (SMEs).
Average Trading Volume: 6,612
Technical Sentiment Signal: Buy
Current Market Cap: C$11.24M
Learn more about MIVO stock on TipRanks’ Stock Analysis page.