1. Homepage
  2. Equities
  3. Canada
  4. Bourse de Toronto
  5. Flow Capital Corp.
  6. News
  7. Summary
    FW   CA3434492037

FLOW CAPITAL CORP.

(FW)
Delayed Bourse de Toronto  -  05/16 10:28:50 am EDT
0.4900 CAD    0.00%
05/11Flow Capital Announces a Buyout of Its Royalty Investment in MedWorxs
AQ
05/09Flow Capital Announces a Follow-on Investment in Echobox
AQ
05/02Flow Capital Announces an Early Payout, and 9% book value gain, from a Successful Investment
AQ
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Flow Capital portfolio company EverWash acquires omniX

01/24/2022 | 08:30am EDT

TORONTO, ON, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW) portfolio company EverWash announces closing acquisition of omniX.  EverWash, a U.S. leader in car wash membership and subscription management, announced that it has acquired omniX Labs, industry-leading real-time vehicle analytics and Machine Learning (ML) platform. This acquisition will deepen EverWash’s capability to gain key sales and marketing insights at car washes to benefit their wash partners and customers. Together, EverWash and omniX Labs will use vehicle-centric data to improve the car care life cycle experience, while setting their eyes on other industries that can benefit from their proprietary analytics and ML models.

“As a proven leader in the innovation and development of the car wash membership business, EverWash efficiently provides a mobile platform for subscribers and robust end-to-end solution for car wash operators,” said Scott Caplan, cofounder and president of EverWash. “In order for our business to embark on the next leg of our high-growth journey, the acquisition of omniX Labs will accelerate our ability to provide even more vehicle-centric actionable data that we can use to personalize the customers experience and improve the operators' bottom line."

EverWash and omniX Labs have been working together since May 2020, but this complete merger will bring two leading technology platforms together to provide car care operators and retailers full lifecycle visibility into their customers.

Flow Capital Corp. is proud to be associated with high growth companies like EverWash. “EverWash is a high-growth SaaS software company that is subscriber-enabling the highly fragmented car wash industry. By providing a simple mobile platform for subscribers and robust end-to-end solution for car wash operators, EverWash is revolutionizing the economics of car washes. We are glad to be partnering with EverWash on the next leg of their high-growth journey,” said Alex Baluta, CEO of Flow Capital.

About Flow Capital

Flow Capital Corp. is a diversified alternative asset investor and advisor, specializing in providing minimally dilutive capital to emerging growth businesses. To apply for financing, visit  www.flowcap.com.

For further information, please contact:

Flow Capital Corp.
Alex Baluta
Chief Executive Officer
alex@flowcap.com

1 Adelaide Street East, Suite 3002,
PO Box 171,
Toronto, Ontario M5C 2V9

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Primary Logo

Source: Flow Capital Corp.

2022 GlobeNewswire, Inc., source Press Releases

All news about FLOW CAPITAL CORP.
05/11Flow Capital Announces a Buyout of Its Royalty Investment in MedWorxs
AQ
05/09Flow Capital Announces a Follow-on Investment in Echobox
AQ
05/02Flow Capital Announces an Early Payout, and 9% book value gain, from a Successful Inves..
AQ
04/01CORRECTION - Flow Capital Announces 2021 Annual Audited Financial Results
GL
04/01TRANSCRIPT : Flow Capital Corp., 2021 Earnings Call, Apr 01, 2022
CI
03/31Flow Capital Announces 2021 Annual Audited Financial Results
GL
03/31TRANCHE UPDATE ON FLOW CAPITAL CORP. : FW)'s Equity Buyback Plan announced on December 24,..
CI
03/31Flow Capital Corp. Reports Earnings Results for the Full Year Ended December 31, 2021
CI
03/24FLOW CAPITAL : Notice of Flow Capital's 2021 Annual Financial Results Conference Call
PU
03/24Notice of Flow Capital's 2021 Annual Financial Results Conference Call
GL
More news
Financials
Sales
Net income
Net Debt
P/E ratio
Yield
Capitalization 15,3 M 12,0 M 12,0 M
EV / Sales -1
EV / Sales 0
Nbr of Employees 5
Free-Float 83,1%
Chart FLOW CAPITAL CORP.
Duration : Period :
Flow Capital Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Alex Baluta President, Chief Executive Officer & Director
Gaurav Singh Chief Financial Officer
Vernon F. Lobo Chairman
Catherine McLeod-Seltzer Independent Director
Alan D. Torrie Independent Director
Sector and Competitors