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ALYI OTCM· Alternet Systems Inc.
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ALYI OTCM· Alternet Systems Inc.
Earnings report Q2 2017

ALYI reports significant increase in revenue driven by initial pilot projects in Data Analytics solution.

Segments of revenue

ALYI reported net sales of $18.28 million for the three months ended June 30, 2016, compared to no sales during the same period in 2015. The current sales were exclusively related to initial pilot projects within the Data Analytics solution.

Strengths

ALYI's revenue for the latest quarter was driven by the successful implementation of initial pilot projects within their Data Analytics solution. This indicates that the company's integrated analytics, micro segmentation, and marketing automation technology are empowering marketing organizations to optimize data analytics and automate marketing research operations. ALYI's solutions provide clients with a proprietary market view across diverse data sources, allowing them to discover unique audience and location micro-segments, automate data management, and generate recommendations for yield optimization. The company's focus on data analytics and marketing automation positions them well in the market.

Challenges

ALYI faced challenges in the previous year due to the collapse of the digital currency market. The volatility of digital assets like Bitcoin, the lack of a clear regulatory framework, and the entrance of major players in the field led management to steer away from digital currency opportunities. While the company has successfully shifted its focus to data analytics, they may still face challenges in terms of competition and market saturation.

Noteworthy

ALYI's revenue for the latest quarter is particularly noteworthy as it marks a significant increase compared to the same period in the previous year. The company's decision to pursue data analytics opportunities has proven to be a successful strategy, resulting in substantial sales growth.

Summary

ALYI reported a significant increase in revenue for the latest quarter, driven by initial pilot projects within their Data Analytics solution. The company's focus on integrated analytics, micro segmentation, and marketing automation technology has empowered marketing organizations to optimize data analytics and automate marketing research operations. ALYI's revenue growth is particularly noteworthy considering the challenges they faced in the digital currency market. However, the company may still face challenges in terms of competition and market saturation. Overall, ALYI's performance in the latest quarter demonstrates their ability to adapt and succeed in a changing market landscape.

Source documents

Form 10-Q  filed on Oct 25, 2017
48 pages scanned

Reference data

Company financials Q2 revenue 15k
Analyst estimates Q2 EPS missed by NaN%
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