Significant Growth in Recurring Revenue
The company has achieved a 44% CAGR in recurring revenue over the past three years, attributed to its 'land and expand' strategy with Fortune 500 customers.
Strategic Partnerships Expansion
Boardwalktech has signed teaming agreements with large global IT services firms, including Tata Consulting Services and HCLTech, to expand sales and reduce overhead costs.
Positive Cash Flow Improvement
Cash flows from operations showed a positive net inflow of $219,000, marking a 24% improvement over the previous year's net inflow.
Strong Momentum with Top 5 U.S. Bank
The deployment of the Velocity product at a top 5 U.S. bank has over 1,000 users, with significant ROI and compliance benefits, accelerating its multiyear engagement.