MCloud Technologies Corp. Provides Financial Guidance for the First Half Ending June 30, 2022 and for the Second Half Ending December 31, 2022
For the second half of 2022 ending December 31, 2022, the company anticipates it will be able to further accelerate the onboarding of backlogged connected assets alongside new customer acquisition and delivery in tandem with the build-up of ESG-Digital Hubs in Saudi Arabia and Houston, targeting CAD 25 million to CAD 32 million in total revenue, benefitting from less sensitivity to fixed costs due to a larger base of AssetCare Over Time revenue.