RenoWorks Software Inc.
ROWKF
Other OTC0.17
USD
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RenoWorks Software Inc.
ROWKF
(Other OTC)
Recent
price
0.17
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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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.- Similar Companies
- Business
- RenoWorks Software Inc. develops and sells advanced digital visualization software and integration solutions primarily for the remodeling and new home construction industry. Its core products and services include Renoworks Enterprise, Renoworks PRO, Renoworks Design Services, Renoworks FastTrack, and Renoworks API (Application Programming Interface). These solutions encompass web visualizers, AI-powered instant design platforms, three-dimensional models and measurements, product configurators, extensive digital product libraries, design services, and analytics. The company offers specialized products like Renoworks PRO for remodelers and contractors to create exterior and interior home renderings using 2D/3D and AI design tools; Renoworks Scene Builder Visualizer for builders; and Renoworks FastTrack for immersive 360-degree model visualization. Its technology enables manufacturers, contractors, builders, retailers, and homeowners to interact with building products and design options in a hyper-realistic virtual environment before committing to purchases or construction, facilitating engagement, sales, and marketing. Founded in 2000 and headquartered in Calgary, Alberta, Canada, RenoWorks targets home improvement and construction markets across North America through SaaS enterprise platforms and API integrations. Recent major developments include the launch of 15 new enterprise visualizers in 2025, a significant increase in annual recurring revenue (ARR) driven by early adoption of AI-powered tools such as LeadPOD and AI Design Assistant, and expanded partnerships with leading manufacturers, including Owens Corning Roofing. The company advanced its recurring revenue model and introduced generative design modules expected to launch in late 2025 while optimizing operational efficiency with a disciplined scaling strategy. Additionally, RenoWorks engaged Sophic Capital for investor relations and capital markets advisory, reflecting strategic moves toward enhanced market visibility and growth. RenoWorks' product breadth includes home openings like windows and doors, surfaces such as walls, flooring, countertops, roofing, and a combined virtual home design solution integrating these components accessible via web and tablet applications. The company holds strong gross margins above 70% and a profitable operational status since 2024, demonstrating a capital-light business model with sustained revenue growth and expanding enterprise client adoption. Its innovative visualization technology addresses one of the industry's key challenges by providing homeowners, contractors, and manufacturers with an immersive tool to review and customize building product choices digitally before installation or purchase commitment. RenoWorks' comprehensive platform offerings and strategic business expansions position it as a leading visualization and lead generation technology provider for the home renovation and new construction sectors, serving a diverse customer base including manufacturers, contractors, builders, and retailers primarily in North America. This description is based on the latest company disclosures, product details, and recent corporate developments through 2025.