InsuraGuest Grows Short-Term Rental Guest Programs Revenues 68% Over Last Year, Closes Rights Offering and Announces New Customer
InsuraGuest Grows Short-Term Rental Guest Programs Revenues 68% Over Last Year, Closes Rights Offering and Announces New Customer
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - InsuraGuest Technologies, Inc. (TSXV: ISGI) (OTCQB: ISGIF) ("InsuraGuest" or the "Company"), announces its financial results for the nine months ended March 31, 2024, a successful close of a rights offering and new customer acquisition.
不列颠哥伦比亚省温哥华--（Newsfile Corp.，2024年5月30日）——InsuraGuest Technologies, Inc.（多伦多证券交易所股票代码：ISGI）（OTCQB：ISGIF）（“InsuraGuest” 或 “公司”）公布了截至2024年3月31日的九个月的财务业绩，成功完成了供股和新客户的获取。
InsuraGuest Technologies Inc. is a publicly traded Canadian insurtech (insurance + technology) software company ("ISGI") with offices in Vancouver, British Columbia and Salt Lake City, Utah. The Company is generating revenue from hospitality and participant event insurance and other products delivered through its insurtech software platform along with developing future insurance solutions. The products in combination with our platform deliver specialized Hospitality Liability and Sports & Events Activity coverages to our member properties. With InsuraGuest custom coverages, properties benefit from an additional layer of protection should a guest experience an accident or theft while staying at an InsuraGuest-covered hotel or vacation rental property or participating in a covered event.
InsuraGuest Technologies Inc. 是一家上市的加拿大保险科技（保险+科技）软件公司（“ISGI”），在不列颠哥伦比亚省温哥华和犹他州盐湖城设有办事处。该公司通过其保险技术软件平台提供的酒店和参与者活动保险以及其他产品创造收入，同时开发未来的保险解决方案。这些产品与我们的平台相结合，为我们的会员财产提供专业的酒店责任和体育与赛事活动保险。有了InsurAguest定制保险，如果房客在入住InsurAguest承保的酒店或度假租赁物业或参与承保活动时发生意外事故或盗窃，房产将获得额外的保障。
During the nine months ended March 31, 2024 the Company continued to grow our product sales and added new vacation rental properties generating a 68% year-over-year revenue increase for the nine months ended March 31, 2024.
在截至2024年3月31日的九个月中，公司继续增长产品销售额，并增加了新的度假租赁物业，在截至2024年3月31日的九个月中，收入同比增长了68％。
In order to strengthen the Company's balance sheet and continue driving high growth for the vacation rental coverage product, the Company completed a rights offering for gross proceeds of CAD $813,111 on May 10, 2024 and settled $606,5640 of accounts payable and accrued liabilities with the issuance of common shares on April 16, 2024.
为了加强公司的资产负债表并继续推动度假租赁保险产品的高增长，公司于2024年5月10日完成了总收益为813,111加元的供股发行，并于2024年4月16日发行普通股，结清了606,5640美元的应付账款和应计负债。
Recently we also signed an agreement with Lake Lawn Resort in Delavan Wisconsin for coverages InsuraGuest offers. We anticipate generating revenue from our products use at Lake Lawn properties beginning in June.
最近，我们还与威斯康星州德拉万的Lake Lawn Resort签署了一项协议，提供InsurAguest提供的承保范围。我们预计，从6月开始，Lake Lawn物业的产品使用将产生收入。
"We continue to maximize our technology solutions by adding and growing a significant number of vacation rental properties over last year. Our insurtech technology stack and products continue to be recognized as an industry leader in the vacation rental, hotels, and participant events sectors. This path will allow our customer base to grow and create additional revenue well into the future," states Reed Wright InsuraGuest's President.
“与去年相比，我们通过增加和增加大量度假租赁物业，继续最大限度地利用我们的技术解决方案。我们的保险科技技术堆栈和产品继续被公认为度假租赁、酒店和参与者活动领域的行业领导者。这条道路将使我们的客户群能够在未来很长一段时间内增长并创造额外的收入。” InsurAguest总裁里德·赖特说。
About InsuraGuest Technologies Inc.
InsuraGuest 科技公司简介
Harnessing the Power of Technology to Reinvent Insurance
利用科技的力量重塑保险
InsuraGuest Technologies (TSXV: ISGI) (OTCQB: ISGIF) is an insurtech (insurance + technology) company providing its short-term rental insurance products to vacation rentals, sports and ticketed events, hotels, and resorts.
InsuraGuest Technologies（多伦多证券交易所股票代码：ISGI）（场外交易代码：ISGIF）是一家保险科技（保险+科技）公司，为度假租赁、体育和门票活动、酒店和度假村提供短期租赁保险产品。
CA / LIC: 6001686
CA/LIC: 6001686
For more information, visit the company's website at: .
欲了解更多信息，请访问该公司的网站：。
The Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions, and expectations. There is no assurance that this new business product offering or other planned products will be successful. The insurance and hospitality industries face increasing, and every-changing governmental regulation. The insurance industry is intensely competitive, and the Company's competitors have significantly more resources than the Company. Acceptance by potential customers is difficult to predict, particularly in the case of new products and disruptive technologies. If the Company fails to achieve market acceptance, this will significantly impact its results and financial resources. Achieving market acceptance may require advertising budgets that exceed the Company's current resources and require the Company to seek additional debt or equity financing. There is no assurance that such financing will be available at reasonable prices or at all.
本新闻稿中提供的信息包含前瞻性陈述，这些陈述基于截至本新闻发布之日的假设。这些陈述反映了管理层当前的估计、信念、意图和期望。无法保证这种新的商业产品或其他计划中的产品会取得成功。保险和酒店业面临越来越多且不断变化的政府监管。保险业竞争激烈，公司的竞争对手拥有比公司多得多的资源。潜在客户的接受程度很难预测，尤其是在新产品和颠覆性技术方面。如果公司未能获得市场认可，这将严重影响其业绩和财务资源。要获得市场认可，可能需要超过公司当前资源的广告预算，并要求公司寻求额外的债务或股权融资。无法保证此类融资将以合理的价格提供，或者根本无法保证。
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.
多伦多证券交易所及其监管服务提供商（该术语在多伦多证券交易所风险投资交易所的政策中定义）均不对本新闻稿的充分性或准确性承担责任。
Company Contact:
InsuraGuest Technologies, Inc.
Media Relations
Reed Wright
media@InsuraGuest.com
公司联系人：
InsuraGuest 科技公司
媒体关系
里德·赖特
media@InsuraGuest.com
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