Topic: How To Invest

Q: Pat: Could you please give me your opinion and thoughts on OneSoft Solutions? Thanks.

Article Excerpt

A: OneSoft Solutions Inc., $0.22, symbol OSS on the TSX Venture Exchange (Shares outstanding: 66.5 million; Market cap: $14.6 million; www.onesoft.ca), makes software to help businesses analyze large amounts of data and make better decisions. It sells its software as an ongoing service and as part of Microsoft’s Azure cloud-computing platform. That means users access Onesoft’s programs on the Internet and store their files on the company’s webservers. While many businesses now use its products, OneSoft was initially focused on helping oil pipeline operators predict and prevent spills. Clients across all industries now use its software to generate public awareness campaigns and to address regulatory compliance issues. In the quarter ended August 31, 2016, the company’s revenue fell 29.5%, to $52,165 from $74,000 a year earlier. It spent $255,393 on research and product development in the latest quarter. As a result, the company lost $359,807, or $0.01 a share. A year earlier, it lost $672,853, or $0.02 a share. OneSoft ended the quarter…