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NowVertical Achieves Record Growth with UK Strategic Account

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NowVertical Achieves Record Growth with UK Strategic Account

Meet Your ETF AI Analyst

NowVertical Group Inc ( (TSE:NOW) ) has issued an announcement.

NowVertical Group Inc. announced a significant achievement with its Strategic Account Program, securing over $1 million in contracted revenue from a UK-based account within six months. This marks the fastest scale-up of any account since the program’s inception. The UK account is engaged in a data modernization initiative, enhancing decision-making capabilities for its senior leadership. NowVertical’s program has demonstrated strong performance, generating $37.3 million in revenue over 18 months and significantly increasing the number of accounts delivering over $1 million in revenue. The company continues to differentiate itself in the competitive market by specializing in customer, operational, and finance data, and focusing on outcome-based delivery.

The most recent analyst rating on (TSE:NOW) stock is a Sell with a C$0.50 price target. To see the full list of analyst forecasts on NowVertical Group Inc stock, see the TSE:NOW Stock Forecast page.

Spark’s Take on TSE:NOW Stock

According to Spark, TipRanks’ AI Analyst, TSE:NOW is a Underperform.

The overall stock score is primarily driven by poor financial performance and technical indicators suggesting a bearish trend. The negative P/E ratio and lack of dividend yield further contribute to a low valuation score. The absence of positive earnings call insights or corporate events leaves the stock with limited upside potential in the near term.

To see Spark’s full report on TSE:NOW stock, click here.

More about NowVertical Group Inc

NowVertical Group Inc. is a global data and analytics company that assists clients in transforming data into tangible business value using AI. The company offers a comprehensive suite of solutions and services to help enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data. NowVertical is expanding both organically and through strategic acquisitions.

Average Trading Volume: 156,684

Technical Sentiment Signal: Sell

Current Market Cap: C$30.6M

Learn more about NOW stock on TipRanks’ Stock Analysis page.

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