OneSoft Solutions Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- R. Dwayne Kushniruk
- Full Time Employees
- 42
- Sector
- Technology
- Industry
- Software - Application
- Address
- Enterprise Square Edmonton AB Canada T5J 4P6
- IPO Date
- Jan 8, 2021
- Website
- onesoft.ca
- Similar Companies
- Business
- OneSoft Solutions Inc. is a North American developer of cloud-based software solutions focused on transforming legacy, on-premises software into modern, subscription-based platforms powered by Microsoft Azure Cloud technologies. Its flagship product is the Cognitive Integrity Management (CIM) platform, a software-as-a-service (SaaS) solution leveraging data science, machine learning, and predictive analytics to address pipeline integrity management for the oil and gas industry. The CIM platform includes modules for external and internal corrosion management, crack and geohazard management, probabilistic risk management, assessment planning, integrity compliance, dig management, threat monitoring, and comprehensive data management and analytics. OneSoft serves critical infrastructure operators in Canada, the United States, and Australia, offering tools that enhance asset safety, optimize operational efficiency, and ensure regulatory compliance. Founded in 1997 and headquartered in Edmonton, Alberta, OneSoft Solutions operates through its wholly owned subsidiary, OneBridge Solutions, to deliver its advanced SaaS offerings primarily to pipeline operators and the energy sector. The company's technology suite integrates machine learning algorithms that process extensive operational data to provide actionable insights, enabling predictive maintenance and risk mitigation for pipeline assets. In the latest major corporate development, OneSoft Solutions was acquired by Irth Solutions, a Blackstone portfolio company, in a CAD 113.4 million all-cash transaction completed in November 2024. The acquisition, valued at CAD 0.88 per share representing a 42% premium to OneSoft’s share price prior to the deal announcement, aims to strategically expand Irth’s footprint in pipeline safety software. Post-acquisition, OneSoft continues to enhance its CIM platform with new functionality modules and has expanded its customer base internationally, including pipeline operators in South America. The company also maintains its 2024 revenue guidance of CAD 15-16 million despite some near-term contractual delays, reflecting an ongoing focus on growth and innovation in cloud-based pipeline integrity management software.
OneSoft Solutions Inc. Announces the Completion of Its Acquisition by Irth Solutions LLC, a Blackstone Portfolio Company
Shareholders of OneSoft Solutions Inc. Approve the Acquisition by irth Solutions LLC Pursuant to the Arrangement Agreement
OneSoft Solutions Inc. Announces Receipt of Interim Order from Court and Mailing of Circular for Special Meeting of Shareholders to Approve Arrangement with irth Solutions LLC and its Wholly-Owned Subsidiary irth Acquisition Corp.
OneSoft Solutions Inc. (OSSIF) Q2 2024 Earnings Call Transcript
OneSoft Solutions Inc. Reports Results for Second Quarter ended June 30, 2024
OneSoft Solutions Inc. Announces Dates for Q2 2024 Financial Results and Conference Call
OneSoft Solutions Inc. enters into Arrangement Agreement to be acquired by irth Solutions LLC
OneBridge Announces Availability of API 1163 ILI Performance Validation in Cognitive Integrity Management
OneSoft Solutions Announces First Customer in South America
OneSoft Solutions Presenting at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024
OneSoft Solutions Presenting at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024
OneSoft Solutions Announces Expansion of Operations to EMEA
OneSoft Solutions Inc. (OSSIF) Q4 2023 Earnings Call Transcript
OneSoft Solutions Reports Q4 and Annual Results for Fiscal 2023 and Reiterates Fiscal 2024 Guidance
OneSoft Solutions Inc. Announces Date for Fiscal 2023 Financial Results Conference Call
OneSoft Recognized as a Top Performer in 2024 TSXV Venture 50
OneSoft Reports Preliminary Summary of Fiscal 2023 Operations and Provides Guidance for Fiscal 2024
OneBridge Announces Commercial Availability of New Crack Management Module to Integrate with Cognitive Integrity Management
OneSoft Solutions Renews Engagement of Sophic Capital for Capital Markets Advisory Services
OneSoft Solutions Inc. (OSSIF) Q3 2023 Earnings Call Transcript