Boardwalktech Software (OTCPK:BWLK.F) 2025 Conference Transcript

Summary of Boardwalktech Software Conference Call Company Overview - Company Name: Boardwalktech Software Corporation - Ticker Symbols: BWLK (TSX Venture Exchange), BWLKF (OTCQB) - Headquarters: Silicon Valley, with an office in Mumbai, India - Focus: AI data management and information intelligence, utilizing patented Digital Ledger Technology - Revenue: Approximately $4.5 million trailing 12-month revenue, with $4.1 million in Annual Recurring Revenue (ARR) [3][29] Core Products - Boardwalk Velocity: Automates Microsoft Excel processes, enhancing data management and collaboration [5][14] - Unity Central: Manages unstructured data, integrating various information sources into a coherent AI-ready environment [5][15] - Boardwalk Secure Communicator: A new security product aimed at enhancing data security and reducing password-related issues [6][19] Market Dynamics - AI Growth: Significant investments in AI infrastructure by major companies (Google: $100 billion, Meta: $70 billion, AWS: $80 billion) [9][10] - Data Explosion: 90% of the world's data was created in the last two years, highlighting the need for effective data management solutions [8] - Digital Transformation Challenges: 70% of digital transformation initiatives fail, and 83% of supply chain executives do not see value from their data investments [9] Customer Base - Fortune 500 Clients: Over 20 Fortune 500 companies, including Citibank, Levi Strauss & Co., Accenture, and Apple [3][4] - Long-term Relationships: Many customers have been with Boardwalktech for 10-12 years, indicating strong product satisfaction and retention [4][28] Use Cases and Case Studies - Banking Sector: Implementation of Velocity product to improve risk management in End User Computing environments, addressing compliance issues [21][22] - ON Semiconductor: Reduced response time for RFPs/RFQs from seven days to two or three days, resulting in a 15-20% increase in sales and a $1.8 million ROI [24] - Cosmetics Company: Streamlined order management process, reducing fulfillment time from 21 days to 14 days and workforce from 70 to 32 employees [25] Financial Highlights - Recurring Revenue Growth: 30% CAGR over the last three years, with 86% of revenue from multi-year annual recurring renewals [27][28] - EBITDA Improvement: Adjusted EBITDA improved by 26%, with a goal to reach EBITDA profitability [29] Strategic Goals for 2026 - Enhance AI integration across products - Expand deals in financial services and enterprise markets, focusing on supply chain operations - Introduce new security products and achieve EBITDA break-even [26][27] Investment Proposition - High retention SaaS model with proven customer satisfaction - Strong pipeline of active deals valued at $6 million - Opportunity to capitalize on the growing AI market and expand partner channels [28][29]