)
Visual
test
OneSoft Solutions
OneSoft Solutions (OSS) investor relations material
OneSoft Solutions has been acquired
OneSoft Solutions Q2 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2024 earnings summary28 Aug, 2024
Executive summary
Q2 2024 revenue increased 24% year-over-year to $3.1M, driven by CIM-related growth, despite a decrease in IM operations revenue.
Gross profit rose 25% to $2.4M with a stable gross margin of 76%, but higher staff and non-cash expenses led to a net loss of $615K for the quarter.
Adjusted EBITDA loss improved to $17K from $203K in Q2 2023.
The company announced a pending sale to Irth Solutions at $0.88 per share, representing a 49% premium to market cap and a 42% premium to share price.
The sale price equates to a 10.5x trailing revenue multiple and 7.3x 2024 forecasted revenue, above typical SaaS company multiples.
Financial highlights
Six-month revenue increased 28% year-over-year to $6M, with new customers contributing CAD 941,000 and existing customers CAD 732,000 in additional revenue.
Gross margin for the six months improved to 76% from 73%.
Net loss for the six months increased by CAD 133,000, mainly due to higher operating and non-cash expenses.
Adjusted EBITDA loss for H1 2024 was $261K, a $321K improvement year-over-year.
Cash and cash equivalents stood at $5.7M as of June 30, 2024; cash flow from operations generated CAD 942,000 in the first half.
Outlook and guidance
Management maintains revenue, net loss, and Adjusted EBITDA guidance for 2024, expecting profitability in the second half if sales forecasts are met.
Fiscal 2024 revenue guidance maintained at $15M–$16M, a 44–54% increase over 2023.
Delays in new customer signings are seen as temporary, with expectations for increased revenue in the second half.
Business to operate as usual until Irth transaction closes; focus remains on new modules and customer growth.
Why was sale preferred over capital raise for growth?
How does AI influence future tech roadmap needs?
Why not raise prices to fund accelerated growth?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 5 FebCEMEXCPO
2026 guidance targets high single-digit EBITDA growth, margin gains, and strong cash flow. - 5 FebLICI
Premium and profit growth, digital expansion, and improved solvency amid rising competition. - 5 FebDIS
Strong market outlook for 2026 driven by tight supply, rising demand, and strategic fleet investments. - 5 FebCMI
Record 2025 results, $458M in Accelera charges, and 2026 growth outlook led by power generation. - 5 FebUHAL
Q3 net loss of $37M on higher fleet costs; self-storage revenue up, occupancy down. - 5 FebRRX
Q4 orders surged 53.8% with $735M data center win; 2026 EPS guidance up ~10%. - 5 FebMTRX
Revenue up 12%, net loss narrows, $1.1B backlog, and guidance reaffirmed. - 5 FebSHEL
$18.5B earnings, $22B+ returns, $5.1B cost cuts, and strong portfolio moves in 2025. - 5 Feb7011
Record order intake and profit growth led to raised full-year guidance and key divestiture impact. - 5 FebSGU
Revenue and net income rose sharply on strong demand, acquisitions, and colder weather.
OneSoft Solutions
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
OneSoft Solutions Inc. is a technology company specializing in the development and provision of advanced software solutions, specifically targeting the oil and gas pipeline industry across Canada, Australia, and the United States. The company's flagship product, Cognitive Integrity Management, is a sophisticated software-as-a-service (SaaS) offering designed to streamline and enhance the integrity management processes of oil and gas pipelines. This solution facilitates various critical functions such as assessment planning, integrity compliance, dig management, threat monitoring, data management, and dataset analysis. Utilizing data science and proprietary machine learning algorithms, OneSoft's ILI Management software module offers automatic normalization, ingestion, alignment, and analysis of pipeline in-line inspection data files. The company is headquartered in Edmonton, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage