In light of the announcement made by the company on Wednesday, it is likely that the Hallmark Venture Group Inc. (OTC: HLLK) stock is going to be on the radars of investors this morning. Yesterday, the company’s subsidiary unit, Jubilee Intel Inc., announced its unaudited revenue figures for the fourth fiscal quarter of 2024. Let’s take a closer look.
The Numbers
In the news release, it was announced that Jubilee Intel was expected to report revenues in excess of $400,000 for the quarter. The figure represented a considerable jump in the revenues recorded in the previous quarter. The growth had mainly been driven by a higher degree of adoption of its platform as well as more efficient marketing-related performance. In the news release, Hallmark Venture Group announced that the growth in Jubilee’s SaaS platform had been the key driver of growth.
Key Details
The platform’s use had gone up not only due to partnerships but also owing to its use by the in-house team of the company. It was also noted that the strong performance was a demonstration of the power of the technology that the company had developed. It may be a good idea to keep an eye on the Hallmark Venture stock today.
Management Comment
“Our strong performance last quarter highlights the power of our technology and the tangible value it delivers to clients,” said Juan Pablo DeSilva, Chief Operating Officer of Hallmark Venture Group. “By leveraging advanced analytics and machine learning-driven optimization, we’ve consistently improved campaign performance and driven measurable growth.”
Technicals
| +/- EMA(20) | 0.0028 (+3.57%) |
| +/- SMA(50) | 0.0028 (+3.57%) |
| +/- SMA(200) | 0.0013 (+123.08%) |
| 5-Day Perf. | +3.57% |
| 1-Month Perf. | +16% |
| 3-Month Perf. | +107.14% |
| 6-Month Perf. | +480% |
| YTD Perf. | -12.12% |
| 1-Year Perf. | +141.67% |
| RSI(14) | 52.49 |
| ATR(14) | – |
| ADX(14) | 28.25 |
