PropTech Is A Real Estate Revolution

Universal PropTech is a diversified investment platform delivering healthy building solutions and services for building developers, owners and operators in Canada

Sponsored
Message: VIDEO - Universal PropTech Talks Growing Backlog At ~ $6 Million, Organic Growth, Tier-1 Customers and More

VIDEO - Universal PropTech Talks Growing Backlog At ~ $6 Million, Organic Growth, Tier-1 Customers and More

posted on Jul 12, 2021 04:01PM

As the name implies “PropTech” is a combination of two words and stands for “property technology.” As simple as that is, the implementation and importance of PropTech is anything but, which is why many companies are trying to capitalize on the rapidly growing paradigm shift, while Universal PropTech (UPI:TSXV) is actually delivering healthy building solutions developers, owners and operators across Canada.  

More than just lip service, UPI clients include:

  • Federal Government facilities for over 40 years 
  • Manulife 
  • Brookfield 
  • Billy Bishop Airport 
  • University of Toronto 
  •  .... and many more 

The company's backlog is now a staggering $~6 million.

This represents:

  • + $800,000 from April
  • + $3,000,000 swing from September

This is comprised of awarded and not executed work, made up of a combination of service contracts and project work in both HVAC Building Automation and Mechanical lines of business.

We sat down with Frank Carnevale, CGO of Universal Proptech, to talk about their multimillion-dollar backlog, distribution expansion, and more. Check out the full interview below.

 

Share
New Message
Please login to post a reply