Verecloud(OTC) VCLD

Verecloud, Inc. is a U.S.-based technology firm specializing in cloud service provision. The company offers Cloudwrangler, a proprietary cloud service brokerage platform that connects cloud providers with small and medium-sized enterprises (SMBs) to streamline their integration.

Products and Services

• Cloudwrangler platform for cloud service brokerage
• Integration solutions for small and medium-sized enterprises
• Support through a network of distribution partners

Growth Outlook

• Cloud service market projected to grow significantly in the coming years
• Increased demand for SMB cloud solutions driving potential revenue growth
• Strategic partnerships with telecom operators enhancing market reach

Financial Highlights

• Recent quarterly revenue of 140,862, showing potential for recovery
• Trailing twelve months gross profit margin at 47.7%, indicating operational efficiency
• Cash and cash equivalents at 74,259, providing liquidity for operations

Verecloud, Inc. operates in the technology sector, focusing on cloud services tailored for SMBs. The company’s flagship product, Cloudwrangler, facilitates the distribution, management, and billing of cloud services, making it an attractive option for businesses looking to leverage cloud technology. Established in 2006 and headquartered in Englewood, Colorado, Verecloud has evolved from its original identity as Network Cadence, Inc. to better align with its current offerings. The growth outlook for Verecloud is promising, driven by the increasing demand for cloud solutions among SMBs. The cloud service market is expected to expand significantly, providing ample opportunities for revenue generation. Additionally, strategic partnerships with telecom operators and other distribution partners enhance the company's ability to reach a broader customer base. Financially, the company has shown signs of recovery, with a recent quarterly revenue of 140,862. The trailing twelve months gross profit margin stands at 47.7%, reflecting operational efficiency. Furthermore, the company maintains a cash position of 74,259, which supports ongoing operations and potential growth initiatives. Overall, Verecloud, Inc. presents a compelling opportunity for investors interested in the evolving cloud services market.