



Martello’s revenues fall 2% in fiscal 2024 as customers migrate to new products
Martello Technologies says its revenues fell two per cent in fiscal 2024 compared with the previous year as the Kanata firm continues to phase out


Martello revenues tick up 4% in Q2 amid rising sales of flagship Vantage DX software
Martello Technologies put the brakes on its protracted sales skid in the second quarter, generating four per cent more revenue than it did the previous

Former CEO John Proctor leaves Martello Technologies after six years at helm
Martello Techologies CEO John Proctor has left the company after nearly six years at the helm. The Kanata-based software firm announced Proctor’s departure Monday morning.

Martello’s sales slide continues as Kanata firm shifts to new flagship platform
Martello Technologies’ bumpy financial ride continued in the first quarter of fiscal 2024 as the Kanata-based company reported a four per cent year-over-year drop in

Martello reports drop in revenues in Q1 2023 as firm seeks path to profitability
Kanata-based software maker posted total sales of $4.2 million for the three-month period ending June 30, down from $4.4 million in the first quarter of

Pot company Hexo’s restructuring to include loss of 450 jobs, Belleville facility closure
Gatineau-based marijuana producer says in financial filings that the reduction will result in annualized savings of $30.6 million and is meant to simplify its organizational

Hexo appoints third CEO in six months as cannabis company’s restructuring continues
Charlie Bowman has been appointed acting president and CEO, effective immediately, replacing Scott Cooper, Gatineau cannabis firm announced Friday.
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