mdf commerce reports Fourth Quarter and Full Year Fiscal 2022 Financial Results
MONTREAL, June 29, 2022 (GLOBE NEWSWIRE) -- mdf commerce inc. (the “Corporation”) (TSX:MDF), a SaaS leader in digital commerce technologies, reported Q4 FY2022 financial results for the three-month and fiscal 2022 full year ended March 31, 2022. Financial references are expressed in Canadian dollars unless otherwise indicated.
- Fiscal 2022 was another transformative year for mdf commerce, arguably one of the most transformative in the history of the Corporation.
- The acquisition of Periscope makes mdf commerce a major player in government eprocurement in North America.
- Total revenues for the fourth quarter of fiscal 2022, reached $30.0 million, an increase of $7.9 million or 36% compared to $22.0 million reported in Q4 2021.
- On a constant currency (2) basis, total revenue increased by $8.2 million or 38% compared to the fourth quarter of fiscal 2021.