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An announcement from Visionstate ( (TSE:VIS) ) is now available.
Visionstate Corp. has launched MIRA, a new software-as-a-service platform aimed at digitizing facility inspections to improve accuracy, accountability, and efficiency. MIRA, an extension of the company’s Wanda platform, offers real-time reporting, customizable checklists, and secure cloud-based data storage, providing a seamless transition from paper-based methods. This launch marks a significant business milestone, introducing a new recurring revenue stream and enhancing Visionstate’s position in the facility management industry. Early interest in MIRA is strong, with pilots underway in sectors like education, healthcare, and municipal government, highlighting its potential to streamline compliance and operational processes.
Spark’s Take on TSE:VIS Stock
According to Spark, TipRanks’ AI Analyst, TSE:VIS is a Neutral.
Visionstate’s overall stock score reflects significant financial difficulties, including negative earnings and cash flows. The company’s technical profile indicates potential overbought conditions. However, positive corporate events and strategic expansions offer some growth potential, partially offsetting financial and valuation concerns.
To see Spark’s full report on TSE:VIS stock, click here.
More about Visionstate
Visionstate Corp. is a growth-oriented company that invests in the research and development of new technology in the Internet of Things, big data and analytics, and sustainability. Through its subsidiary Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and enhance customer satisfaction with state-of-the-art devices that track and monitor guest activities and requests. Its WANDA™ smart device is used in hospitals, airports, shopping centers, and other public facilities across North America.
Average Trading Volume: 139,848
Technical Sentiment Signal: Sell
Current Market Cap: C$5.17M
For an in-depth examination of VIS stock, go to TipRanks’ Stock Analysis page.