Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward- looking statements. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Forward-looking statements or information in this news relate may relate to statements with respect to: the Company's Digital Partnership Program the aims and goals of the Company financial projections growth plans including future prospective consolidation in the property management sector future acquisitions by the Company beliefs of the Company with respect to the independent owner-investors market prospective benefits of the Company's platform and other factors or information. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws regarding the Company and its business. (604) the 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.Ĭautionary Statement on Forward-Looking Information Tribe's platform decreases customer acquisition costs, increases retention, and allows for the addition of value-added products and services through the platform. Tribe seeks to acquire highly accretive targets in the fragmented North American property management industry and transform these businesses through streamlining and digitization of operations.
Tribe's business is composed of three revenue pillars: software and services (recurring licensing and management fees), transactional (rent or condo fees, banking services, lease-ups), and digital services and partnerships (smart building products, financial and insurance service).
As a rapidly growing tech-forward property management company, Tribe's integrated service-technology delivery model serves the needs of a much wider variety of stakeholders than traditional service providers. Tribe is a property technology company that is digitizing the traditional property management industry. They deliver customized contracts, property and financial management reporting, project management, quality hardware options, installations, billing services and seamless customer support. Wyse helps Canada's largest building owners, developers and property managers run smarter, environmentally sustainable buildings, so that residents and tenants thrive. Wyse is an industry leader in utility submetering, billing and expense management, and proudly serves the Canadian market coast to coast with over 220,000 suites under contract. Wyse submeters for electricity, water, thermal and natural gas, and provides billing solutions for additional services such as HVAC, EV Charging, Leak Detection and Internet services as well as ESG and sustainability reporting. Residuals/Recurring: After the initial transaction, the Company receives ongoing revenue for as long as the service remains in place.
The Company's partners also commit to providing a special offering for Tribe's homeowners/tenants allowing them to take advantage of Tribe's group buying power. The type and amount of compensation varies from partnership-to-partnership but generally falls into one, or a combination, of the following models:Ĭommission: Tribe receives a one-time fixed or variable fee for each transaction that occurs through their platform and/or
Tribe receives compensation from partners for use of the Tribe Home platform. About Tribe's Digital Partnership Program