Collin Gilbert's questions to QUOTEMEDIA (QMCI) leadership • Q1 2024
Question
Representing long-term shareholders, the analyst questioned management's plans to improve shareholder value, specifically regarding a stock uplisting or other exit strategies, given the stock's illiquidity. He also sought reassurance that the company would return to its previous pattern of consecutive quarterly growth.
Answer
Management acknowledged the goal of a stock uplisting but stated the timing must be right and the immediate focus is on growing the business and strengthening its industry position. No specific exit strategy was provided. They affirmed that the Q1 revenue flatness was an anomaly and that the company's goal and expectation is to return to continuous growth, driven by closing deals in the pipeline, although the timing of large deals is uncertain.