Renoworks Announces Third Quarter 2024 Financial Results and Record Third Quarter Revenue
Renoworks reported a 9% increase in revenues for the first nine months of 2024 compared to the same period in 2023.
Renoworks reported a 9% increase in revenues for the first nine months of 2024 compared to the same period in 2023.
Renoworks Software Inc. (TSXV: RW) (“Renoworks” or the “Company), an industry leader in visualization and lead generation technology for the home renovation and new construction sector announces that on October 28, 2024 the Company issued 860,000 stock options to employees, officers, consultants and directors of the Company. The options vest equally over three years, have a five-year term and an exercise price of $0.24. These options expire October 27, 2029 and are governed by the company’s Stock Option Plan. This brings the total number of options outstanding to 3,453,000 or 8.5% of outstanding shares.
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Renoworks reported an 8% increase in revenues for the first half of 2024 compared to the same period in 2023.
The Company reported a 9% increase in revenue for the first quarter of 2024 compared to the same period in 2023, reaching $1,479,390.
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Renoworks reported a total revenue of $6,292,601 for the year ending December 31, 2023, marking a 6% increase of $350,771
Renoworks reported a total revenue of $6,292,601 for the year ending December 31, 2023, marking a 6% increase of $350,771
Renoworks and EagleView announces a new integration to help contractors experience a simplified workflow, enhanced homeowner-customer engagement, and expedited project timelines with Renoworks Pro – a solution that marries instant and interactive 3D home visualization with EagleView’s Full House precise measurements. The solution enables the measurement and visualization of remote projects, improves close rates and homeowner customer experience, and removes the need to visit the job site, download additional apps, or take multiple photos.
Renoworks introduces the Renoworks Pro Partner Program. This program is designed to meet the visualization demands of channel partners, specifically technology solutions providers, sales coaching organizations, and marketing agencies working closely with contractors and remodelers. The program may also foster collaboration, knowledge sharing, market expansion, and mutual success between Renoworks and its partners.
CALGARY, ALBERTA, December 13, 2023 – Renoworks Software Inc. (TSXV: RW) (“Renoworks” or the “Company), an industry leader in visualization and lead generation technology for the home renovation and new construction sector announces that it has granted options to acquire an aggregate of 100,000 common shares at an exercise price of $0.15 per share to an officer of the Company on December 13, 2023. These options expire December 12, 2028 and are governed by the company’s Stock Option Plan. This brings the total number of options outstanding to 3,543,000 or 8.7% of outstanding shares.
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Renoworks Software Inc. (TSXV:RW) (“Renoworks” or “the Company”), is pleased to announce its intention to extend the expiry term of 805,000 common share purchase warrants (the “Warrants”) issued as part of its 2022 private placement. This amendment represents the first amendment made for the Warrants and is subject to the approval of the TSX Venture Exchange (“TSXV”).
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