PRESF Preo Software Inc featured news, full reports, and detailed charts
Preo Software Inc (PRESF/PRESF.PK) Wrap Up:
Preo Software, Inc. provides print management solutions to enterprises worldwide. Its primary proprietary software, Printelligence, is Web-based print management system that adapts itself to an organization’s printing behavior and modifies the messaging delivered to end-users at the desktop based on individual behavior. The company is based in Calgary, Canada.Preo Software Inc (PRESF:OTC)
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Market Cap
7.0M
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Total Revenue
308.2K
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EBITDA
1.7M
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DILUTED EPS TTM
-0.05
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P/E
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P/S
26.5x
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Return On Asset
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Return On Equity
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PRESF Top Compensated Officers
Executives, Board Directors
Key developments for Preo Software Inc (PRESF)
Preo Software Inc. announced that it has entered into a licensing agreement with Xerox Corporation. Using Preo's proprietary technology, the companies will jointly develop the industry's first assessment tools and software products that measure color coverage on each page, real time, for Xerox's award-winning ColorQube(TM) 9200 Series multifunction printer (MFP). Already available on Xerox's Web site at http://www.xerox.com/FinallyColorIsLess is a new tool developed as part of the agreement. A document analyzer tool allows users to upload their own sample documents to assess the cost of their color prints on a ColorQube MFP. Also available is a device-agnostic on-site assessment tool that measures the color coverage on customers' actual documents without disrupting their existing print infrastructure in any way. Because the software is loaded on a server or desktop, users are not required to reroute prints or use different drivers to use the tool.
Preo Software Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net loss and comprehensive loss of $255,106 or $0.01 basic and diluted per share on sales of $131,989 against net loss and comprehensive loss of $725,620 or $0.03 basic and diluted per share on sales of $6,973 for the same period a year ago. For the six months, the company reported net loss and comprehensive loss of $830,267 or $0.02 basic and diluted per share on sales of $221,980 against net loss and comprehensive loss of $1,396,509 or $0.06 basic and diluted per share on sales of $12,160 for the same period a year ago.
Preo Software Inc. reported unaudited consolidated cash flow results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net cash used in operating activities was CAD 178,034 compared to CAD 674,622 for the same period a year ago. Acquisition of property and equipment was CAD 8,643 compared to CAD 30,562 for the same period a year ago. For the six months, the company reported net cash used in operating activities was CAD 702,512 compared to CAD 1,214,144 for the same period a year ago. Acquisition of property and equipment was CAD 11,544 compared to CAD 53,943 for the same period a year ago.
PRESF Competitors
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Industry Analysis
| Valuation | PRESF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 26.5x |
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| Price/Book | 446.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 24.0x |
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PRESF |
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PRESF transactions
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Private Placement
October 8, 2009 |
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More Recent News About Preo Software Inc
More news for PRESF
Preo Software Inc. Announces Private Placement of Debentures-$350,000-$500,000
CALGARY, ALBERTA--(Marketwire - Dec. 29, 2008) - PREO SOFTWARE INC. (the "Corporation") (CNSX:PKM) (PINK SHEETS:PRESF - News) a leader in Print Knowledge Management Software (PKMS), announces that it intends to raise a minimum of $350,000 and a maximum of $500,000 from a private placement of secured, subordinated convertible debentures. The debentures will not bear interest, will be for a term of thirty (30) months and may at the option of the holder be converted at a conversion price of $0.14 into one (1) common share and one (1) non-transferrable warrant. Each warrant will entitle the holder to purchase one (1) additional common share at a purchase price of $0.225 for a period of twelve (12) months from the date of issuance of the debentures and at a purchase price of $0.30 for an additional twelve (12) months thereafter. The debentures shall be automatically converted under the terms described above in the event that the volume weighted trading price of an average of not less than 10,000 common shares per trading day for twenty (20) consecutive trading days is above $0.20 on the facilities of the CNSX Exchange. The Corporation anticipates that certain officers, directors and insiders will subscribe for debentures and that the private placement will be completed on or about January 15, 2009. The net proceeds from the issuance of debentures will be used to fund the Corporation's marketing, sales and commercialization activities.Any common shares issued upon conversion of the debentures or exercise of the warrants wil...Click here to read the whole Article (external link)
Preo Receives $1.3 Million in Funding Commitment From AVAC
CALGARY, ALBERTA--(Marketwire - Dec. 23, 2008) - PREO SOFTWARE INC. (CNSX:PKM) (PINK SHEETS:PRESF - News), a leader in Print Knowledge Management Software (PKMS), today announced that AVAC Ltd., through its Capacity Builder program, has committed a $1.3 million investment to further the commercialization of the Printelligence(TM) product. Subject to achieving certain performance objectives and milestones, the funding is anticipated to be advanced in instalments over an 18-month period, beginning in the fourth quarter of 2008. As part of the terms of the AVAC investment, Preo has agreed to provide AVAC a quarterly 3% royalty on all gross revenues derived by Preo, beginning in June 2011 until an aggregate return of up to a maximum of two times the gross amount invested by AVAC has been remitted. Preo has executed a General Security Agreement to be held by AVAC until the obligation is retired."This investment will allow us to build on the significant momentum and customer traction we have been able to generate in a very short period of time," said Gary McCone, Preo's President and CEO. "Our Printelligence product is being well received in the current economic climate as it has the capability to significantly reduce print costs - one of the last uncontrolled expenses in large corporate enterprises.""Preo Software offers a unique print management product that helps organizations understand and manage their print assets and ultimately their print costs," said AVAC President and CEO, Ross Bricker, "we are very pleased...Click here to read the whole Article (external link)