Investor Information
NTG Clarity Networks Inc (TSXV: NCI; OTC: NYWKF) has been a leader in digital transformation for more than 30 years. Our team of over 1,000 professionals provide outsourced software development solutions and proprietary software products to clients around the world, with offices in Toronto, Egypt, Saudi Arabia, Turkey, and Oman.
We accelerate and simplify the digital journey for our clients in the enterprise financial, telecom, and IT sectors by serving as a long-term technology partner in a rapidly changing and increasingly digital world.
NTG is experiencing rapid growth in revenue and profit, with eight consecutive record-setting quarters. In Q3 2024, we saw a 109% increase in revenue and a 303% increase in net income compared to the same period in 2023. In fiscal year 2023, we achieved a 57% increase in revenue, over 2022, which itself was a 48% increase over 2021.
The main reason for our rapid growth is the strong economic tailwind in our primary market of the Middle East, specifically Saudi Arabia. As a part of the kingdom’s Vision 2030 economic development plan, Saudi Arabia is actively diversifying away from Oil & Gas by investing in becoming a financial hub for the region, infrastructure, tourism, sports, and entertainment.
Our 30-year track record has given us a reputation for providing quality services and software products at a competitive price, and many growing companies in the booming Gulf economy have taken note and decided to work with us. We look forward to keeping our growth going strong in the years to come.
Useful Information
Investors Relations Contact
Adam Zaghloul
Vice President – Strategy & Planning
E-mail: adam@ntgclarity.com
Phone: 905-305-1325
Transfer Agent
Odyssey Trust Company
Tel. 437.219.0163
Sedar Filings
Visit www.sedarplus.ca – Filings to search for filings. Enter our company name, NTG Clarity Networks Inc to search.
LIFE Offering
The offering document for the Brokered LIFE Offering announced 17-SEP-2024 can be found under the Company’s profile at www.sedarplus.ca or online below.