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EMERGE Reports First Quarter 2024 Results

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Q1 Gross Merchandise Sales1 (“GMS”) of $7.65M compared to $7.61M in Q1 2023Q1 Revenue of $5.0M compared to $5.3M in Q1 2023Q1 Gross Profit increased to $2.1M compared to $2.0M in Q1 2023Q1 Gross Margin improved to 43% compared to 38% in Q1 2023Q1 Adjusted EBITDA1 improved to $(99K) compared to $(526K) in Q1 2023Net Income from Continuing Operations improved to $9K compared to Net Loss of  $(2.4M) in Q1 2023

TORONTO, May 28, 2024 /CNW/ – EMERGE Commerce Ltd. (TSXV: ECOM) (“EMERGE” or the “Company”), a premium e-commerce brand portfolio, today announced results for its three months ended March 31, 2024. Copies of the interim financial statements and MD&A are available on the Company’s profile on SEDAR at www.sedar.com.

This marks EMERGE’s first financial report which classifies WholesalePet (“WSP”) as discontinued operations, with prior period results also restated to reflect the reclassification. EMERGE completed its sale of WSP in January 2024.

Ghassan Halazon, Founder and CEO, EMERGE commented, “Q1 2024 was a crucial setup quarter for our more focused business. We are pleased to report that GMS, the actual sales volume being transacted across our sites, is trending upwards, forming the basis for our “return to growth” plan in 2024, a top priority. Operationally, the team’s efforts in Q1 translated into year-over-year gains across gross profit, gross margin, Adjusted EBITDA, and Net Income. truLOCAL, our largest brand by revenue, saw strong net customer inflows, another key metric that drives future, deferred, revenue growth. The team is also driving visible YoY growth in our golf division, a discount-centric business, as more golf vendors seek out our marketplace services with more aggressive offers to entice customers. On the other hand, Carnivore Club, our smallest brand, is a business we have actively been optimizing for profitability, while shrinking “loss-making” revenue. Excluding Carnivore Club, our Q1 revenue was in line with Q1 2023. All in all, we are making terrific progress from topline to bottom line, notably, including positive Net Income in Q1.”

Q1 2024 Financial Highlights

Q1 GMS of $7.65M compared to $7.61M in Q1 2023Q1 Revenue of $5.0M compared to $5.3M in Q1 2023. Excluding Carnivore Club, a brand that is actively eliminating loss-making revenue, EMERGE revenue would be in line with Q1 2023Q1 Gross Profit increased to $2.1M compared to $2.0M in Q1 2023Q1 Gross Margin improved to 43% compared to 38% in Q1 2023Q1 Adjusted EBITDA improved to $(99K) compared to $(526K) in Q1 2023Net Income improved to $486K compared to Net Loss of $(2.1M), largely driven by the sale of WholesalePet (“WSP”)Net Income from Continuing Operations improved to positive $9K compared to a Net Loss of $(2.4M)Cash on hand at March 31, 2024 was $2.6 million

Cost Reductions

Following the sale of various non-core businesses over the last year, EMERGE is executing additional cost savings largely in relation to operating a more focused set of brands.

“We have taken measures to reduce our overhead expenses given our more streamlined operations that are now exclusively centered on our grocery and golf verticals. These cost reductions were partly reflected in our much improved profitability in Q1, with additional savings being actioned in Q2 as well,” continued Halazon.

Brand-Level Commentary

truLOCAL, our premium meat subscription service, and EMERGE’s largest business by revenue, continues to see strong net customer inflows, a leading indicator of future (deferred) revenue, increased Average Order Value (“AOV”), and reduced overhead expenses. The direct-to-consumer (“D2C”) subscription business is showing encouraging signs year-to-date, with ‘new initiative’ revenue lines in the works as well to accelerate organic growth.

The golf division, which includes UnderPar and JustGolfStuff, continue to drive improved topline, margins and more efficient marketing spend.

Carnivore Club, EMERGE’s smallest business, is being optimized for profitability, which includes the elimination of loss-making revenue.

Excluding Carnivore Club, EMERGE’s Q1 2024 revenue would have been approximately in line with Q1 2023.

Q1 2024 Business Highlights 

Sale of WSP

In January 2024, EMERGE completed the sale of WSP to Tiny Fund I, LP, for aggregate gross cash consideration of US$9.25M subject to certain closing adjustments and obligations.

EMERGE now retains 4 brands across 2 main verticals, Grocery and Golf, in Canada and the U.S., namely truLOCAL, Carnivore Club, UnderPar, and JustGolfStuff.

$10M Debt Paydown and Extended Term

EMERGE utilized $10M from the WSP transaction proceeds to paydown its senior credit facility with its existing lender, the principal balance of which has been reduced to $5.85M, from $15.85M prior to the completion of the transaction, and $25M originally.

On January 31, 2024, the Company entered into a second amended and restated credit agreement with its existing lender, providing a term of up to 24 months, which is comprised of an initial term of 18-months, plus an additional 6-month extension option (the “Extension”), which may be exercised upon mutual agreement between the Company and the lender. Inclusive of the Extension, the Amended Facility is expected to mature on January 31, 2026.

Notable Events Subsequent to March 31, 2024

Convertible Note Amendment Resulting in $1.39M Debt Reduction

On April 29, 2024, 100% of the holders of EMERGE’s 10% senior unsecured convertible debentures represented in person or by proxy at a meeting of debentureholders approved certain amendments to the terms of such debentures, including the creation of a redemption right and the extension of the maturity date of the debentures from November 2025 to November 2026. On the same date, EMERGE announced the redemption of $1,391,000 of principal amount of the debentures. On May 6, 2024, EMERGE completed this redemption by the issuance of 10,303,703 common shares in settlement of the principal amount and a further 360,629 common shares in settlement of the accrued and unpaid interest on the redeemed debentures, with all such shares issued at a price of $0.135 per share. The completion of the redemption effectively reduced EMERGE’s debt by $1.39 million. The amendments, the redemption and the conversion of interest are also expected to save EMERGE approximately $140K in annualized interest expense during the extended term of the debentures. The amendments also provided for an adjusted debenture conversion price of $0.135 (reduced from $0.20), which may increase the possibility of further debt reduction.

Outlook

EMERGE is seeing robust sales trends through Q2 to date, and continues to execute towards a return to organic revenue growth plan in 2024, with a substantially improved profitability profile and reduced overall debt levels.

Top Priorities

The Company’s top priorities in the near-term are to i) drive organic growth, ii) extract further operational efficiencies, and iii) opportunistically explore avenues to further pay down debt and reduce interest expense

Conference Call

Management will host a conference call on Tuesday, May 28 at 8:30 am ET to discuss its first quarter results. To access the conference call, please dial (416) 764-8650 or (888) 664-6383 and provide conference ID 66879377.

Alternatively, the conference call can be accessed online at: https://app.webinar.net/27o4Rx6jY8k 

Selected Financial Highlights

The tables below set out selected financial information and should be read in conjunction with the Company’s consolidated financial statements and MD&A for the three months ended March 31, 2024, which are available on SEDAR.

Three months ended March 31,

2024

$

2023

$

Gross Merchandise Sales1

7,645,258

7,608,218

Total revenue

5,009,051

5,325,695

Adjusted EBITDA1

(99,306)

(525,675)

Net (loss) income

485,808

(2,129,713)

Basic and diluted (loss) per share

0.00

(0.02)

1 Non-GAAP Financial Measure. Refer to section “Non-GAAP Financial Measures” for additional information.

The following table highlights Adjusted EBITDA and a reconciliation of the Company’s reported results to its adjusted measures:

Three months ended March 31,

2024

$

2023

$

Net (loss) income

485,808

(2,129,713)

Add back:

Finance costs

498,837

1,058,975

Income taxes

(170,483)

(228,060)

Amortization

59,657

794,304

EBITDA

873,819

(504,494)

Share-based compensation

25,272

77,205

Transaction cost

101,358

146,515

Foreign exchange and other losses (gains)

(623,389)

34,464

Fair value change in contingent consideration

–

–

Net loss (income) from discontinued operations

(476,366)

(279,365)

Adjusted EBITDA

(99,306)

(525,675)

The following table highlights GMS and a reconciliation of the Company’s reported results to its adjusted measures:

Three months ended March 31,

2024

$

2023

$

Revenue

5,009,051

5,325,695

Adjusted for:

Merchant costs deducted from net revenue

2,840,365

2,626,945

Sales added to deferred revenue and value of orders
fulfilled not included in revenue

1,954,445

1,593,715

Deferred and other adjustments to revenue
recognized

(1,994,282)

(1,928,954)

Advertising revenue

(164,321)

(9,183)

GMS

7,645,258

7,608,218

About EMERGE

EMERGE (TSXV: ECOM) is a premium e-commerce brand portfolio in Canada and the U.S. Our subscription and marketplace e-commerce properties provide our members with access to unique offerings across grocery and golf verticals. Our grocery businesses include truLOCAL.ca, our premium meat subscription brand, and Carnivore Club, our artisanal meat brand. Our golf businesses include UnderPar, our discounted experiences business, and JustGolfStuff, our golf products & apparel brand.

To learn more visit https://www.emerge-commerce.com/

Follow EMERGE:
LinkedIn | Twitter | Instagram | Facebook 

Cautionary notice

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Non-GAAP Measures

This press release makes reference to certain non-GAAP measures. These non-GAAP measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing a further understanding of results of operations from management’s perspective. Accordingly, they should not be considered in isolation nor as a substitute for analysis of the financial information of the Company reported under IFRS. Gross Merchandise Sales (“GMS”), EBITDA, and Adjusted EBITDA should not be construed as alternatives to revenue or net income/loss determined in accordance with IFRS. GMS, EBITDA and Adjusted EBITDA do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers.

GMS as defined by management is the total dollar value of customer purchases of goods and services, excluding applicable taxes and net of discounts and refunds. Management believes GMS provides a useful measure for the dollar volume of e-commerce transactions made through our platforms and an indicator for our business performance.

Earnings before interest, taxes, depreciation and amortization (“EBITDA”) and Adjusted EBITDA as defined by management means earnings before interest and financing costs, income taxes, depreciation and amortization, transaction costs, foreign exchange gains/losses, discontinued operations, unrealized gains/losses on contingent consideration and share-based compensation. Management believes that Adjusted EBITDA is a useful measure because it provides information about the operating and financial performance of EMERGE and its ability to generate ongoing operating cash flow to fund future working capital needs and fund future capital expenditures or acquisitions.

A reconciliation of the adjusted measures is included in the Company’s management discussion & analysis for the twelve months ended December 31, 2023 in the section “Non-GAAP Financial Measures” available through SEDAR at www.sedar.com.

Notice regarding forward-looking statements

This press release may contain certain forward-looking information and statements (“forward-looking information”) within the meaning of applicable Canadian securities legislation, that are not based on historical fact, including without limitation statements containing the words “believes”, “anticipates”, “plans”, “intends”, “will”, “should”, “expects”, “continue”, “estimate”, “forecasts” and other similar expressions. Readers are cautioned to not place undue reliance on forward-looking information.  Actual results and developments may differ materially from those contemplated by these statements.  The Company undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of the Company, its securities, or financial or operating results (as applicable).  Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including the risk factors discussed in the Company’s MD&A, Prospectus Supplement and Annual Information Form and are available through SEDAR at www.sedar.com. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

On Behalf of the Board
Ghassan Halazon
Director, President and CEO

SOURCE EMERGE Commerce Ltd.

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Ditch the Pool Cover and Dive Into Spring Cleaning: Aiper Shares New Deals to Get Your Pool Summer-Ready

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April 8, 2025

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Aiper Announces Spring Deals Featuring Exclusive Discounts on Its All-New 2025 Line of Cordless Robotic Pool Cleaners and Skimmers

ATLANTA, April 8, 2025 /PRNewswire/ — From splashy cannonballs to poolside lounging, pool owners are counting down the days until summer – and Aiper is here to help make the pool reopening process a breeze. As a pioneer in cordless robotic pool cleaning, Aiper knows pools inside and out and is making it easier than ever to clear out debris and get your water sparkling with the help of its 2025 product lineup. To kick off the season, Aiper is announcing limited-time spring deals on its latest pool cleaners and skimmers, making it the perfect time to upgrade your pool care routine.

Why work harder when you can work smarter? Aiper’s smart, cordless robotic cleaners take the hassle out of pool maintenance, so you can spend more time relaxing. Backed by a research-driven approach, each robot cleaner is rigorously tested – starting with advanced physics-based simulations that predict real-world performance, followed by in-pool trials – to ensure top performance and reliability. Several models, including the new Scuba X1 Pro Max, have even proudly earned TÜV certification, a global mark of safety and quality. And with the 2025 release of their most advanced product line-up – and newly announced spring deals on select cleaners and skimmers – it’s easier than ever to kick back, relax, and let the robots handle the grime while you plan your next pool party.

Scuba X1: Meet your ultimate pool-cleaning sidekick! The Scuba X1 tackles floors, walls, and even the waterline with four powerful cleaning modes – plus a fifth, cycle mode, available exclusively through the Aiper app. Packed with smart sensors and advanced navigation, it dodges obstacles and never misses a spot – even in pools up to 2,150 sq. ft. Plus, with Aiper WaveLine™ tech, it glides horizontally along the waterline for a sparkling finish every time. Normally $1,499.99, the Scuba X1 is currently on sale for $1,299.99 until April 15th at Aiper.com. Get even more pool-cleaning power with the Scuba X1 and Pilot H2 Handheld Pool Vacuum bundle, normally $2,028.98 now available on Aiper.com for just $1,349.98.

Scuba X1 Pro Max: The powerhouse of pool cleaning! The Scuba X1 Pro Max scrubs floors, walls, waterline – even the surface – for pools up to 3,230 sq. ft. It scoops up everything from leaves to ultra-fine debris using 40 sensors and adaptive path-planning tech for a spotless, edge-to-edge clean – all in a single charge. Normally $2,599, the Scuba X1 Pro Max is currently on sale for $2,399 until April 15th at Aiper.com.

Surfer S2: Say goodbye to debris floating on the pool surface! With 35+ hours of battery life and powerful suction, the Surfer S2 skims the pool surface ridding it of bugs, leaves, and petals with ease. Aiper DebrisGuard™ keeps debris locked in, while a built-in chlorine dispenser helps keep your water fresh and swim-ready. Normally $399.99, the Surfer S2 is currently on sale for $369.99 until April 15th at Aiper.com.

From now until June 5, 2025, purchases made through Aiper’s official sales channels in the United States and Canada are eligible for even more. By registering for the Aiper Care program, customers can receive an additional one-year warranty, extending their coverage to a total of two or even three years of peace of mind. As an added bonus, Aiper Care also includes complimentary replacement of select consumable parts, helping users keep their devices running at peak performance.

To learn more about Aiper products and take advantage of the spring sale, visit Aiper.com/us/spring-sale and follow Aiper on LinkedIn, Facebook, Instagram, TikTok, and X.

About Aiper

Aiper is the global pioneer of cordless robotic pool cleaning technology and a leader in smart yard product solutions. Through its “Bring Vacation Home” campaign, Aiper empowers homeowners to transform their backyards into a personal vacation retreat with the help of innovative, smarter, and greener product solutions that effortlessly handle pool and lawn maintenance to save time, money, and energy. From state-of-the-art pool cleaners to intelligent irrigation systems, Aiper delivers a comprehensive backyard ecosystem of products that simplify outdoor maintenance so users can enjoy more leisure and fun. Renowned for excellence, Aiper products have garnered prestigious awards, including the Red Dot Design Award, the iF Design Award, and editorial awards from USA Today and TWICE. Additionally, Aiper has been recognized as a CES Innovation Awards honoree in 2023, 2024, and 2025, underscoring its commitment to pioneering smart yard solutions.

Media Contact

Eva Li
Aiper
eva.li@aiper.com

Sara Osborne
360PR+
sosborne@360pr.plus

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SOURCE Aiper

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Water and Wastewater Treatment Market to Reach $651.6 Billion by 2034, Growing at a CAGR of 6.1% from 2025–Exclusive Report by Meticulous Research®

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April 8, 2025

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Market Growth Driven by Increased Water Scarcity, Advancements in Treatment Technologies, and Rising Environmental Concerns

REDDING, Calif., April 8, 2025 /PRNewswire/ — According to a new market research report titled “Water and Wastewater Treatment Market Size, Share, Forecast, & Trends Analysis by Type (Wastewater Treatment, Water Treatment), Offering (Treatment Technology, Treatment Chemicals), Application (Municipal, Industrial), and Geography—Forecast to 2034”, published by Meticulous Research®, the global water and wastewater treatment market is projected to reach $651.6 billion by 2034, growing at a CAGR of 6.1% from 2025 to 2034. This growth is attributed to rapid population growth, growing urbanization, stringent water treatment regulations, lack of freshwater resources, and the increasing prevalence of waterborne diseases.

 

Browse in-depth scope of the Water and Wastewater Treatment Market Report:

354 – Tables
46 – Figures
407 – Pages

For more comprehensive insights, download the FREE report sample: https://www.meticulousresearch.com/download-sample-report/cp_id=5026 

KEY MARKET DRIVERS AND TRENDS

The water and wastewater treatment market is experiencing robust growth due to the increasing global water scarcity, urbanization, and growing industrial demand. As populations and industries expand, the need for efficient water management solutions intensifies, pushing investments in advanced treatment technologies. Trends shaping the market include the adoption of smart water management systems, which use IoT and AI to optimize operations and reduce costs.

Additionally, wastewater recycling and reuse are gaining momentum, particularly in water-scarce regions, to meet growing demands. The focus on sustainability is driving the use of eco-friendly solutions like low-energy technologies and green infrastructure. Stricter environmental regulations and rising public awareness of water conservation further fuel the demand for innovative, sustainable treatment options in both urban and industrial sectors.

GROWTH OPPORTUNITIES

The global water and wastewater treatment market is witnessing significant growth, driven by increasing urbanization, industrialization, and growing concerns over water scarcity and environmental sustainability. As the demand for clean water rises, municipalities and industries are investing in advanced treatment technologies to ensure a reliable supply of potable water and manage wastewater efficiently.

One key growth opportunity is the adoption of innovative water treatment technologies. Membrane filtration, UV disinfection, and advanced oxidation processes are gaining traction for their effectiveness in removing contaminants and ensuring high-quality treated water. Additionally, smart water management systems, which incorporate IoT, AI, and data analytics, are revolutionizing the way water treatment plants monitor and optimize operations, leading to reduced energy consumption and improved efficiency.

Another growth opportunity is the increasing investment in wastewater recycling and reuse. With growing concerns over water scarcity, many regions are turning to wastewater reuse for agricultural, industrial, and even potable purposes. This trend is particularly strong in water-stressed regions, such as the Middle East and parts of Asia-Pacific.

Furthermore, the growing regulatory pressures around water quality standards are encouraging the adoption of sustainable treatment practices. Governments and environmental agencies are pushing for stricter regulations and incentivizing businesses to invest in eco-friendly water and wastewater treatment solutions.

Get Insightful Data on Regions, Market Segments, Customer Landscape, and Top Companies (Charts, Tables, Figures and More)- https://www.meticulousresearch.com/product/water-and-wastewater-treatment-market-5026  

MARKET CHALLENGES

The water and wastewater treatment market faces several challenges that can hinder its growth. One primary issue is the high cost of advanced treatment technologies. While innovations like membrane filtration and AI-driven systems improve efficiency, their initial investment and operational costs can be prohibitive, especially for developing countries or smaller municipalities.

Another challenge is the aging infrastructure in many regions, particularly in developed nations. Outdated pipes and treatment plants often require significant upgrades to meet modern water quality standards, leading to expensive repairs and operational disruptions.

Moreover, regulatory complexities and compliance with varying standards across different regions can be difficult for businesses to navigate, causing delays in project implementation.

SEGMENT INSIGHTS

The water and wastewater treatment market is segmented by type (wastewater treatment and water treatment), offering (treatment technologies, treatment chemicals, process control and automation, design, engineering, and construction services, and operation and maintenance services), application (municipal applications and industrial applications), and geography. The study also evaluates industry competitors and analyzes the market at the country and regional levels.

Market by Type

By 2025, the wastewater treatment segment is expected to account for a larger share of 63% of the water and wastewater treatment market. The large market share of this segment is attributed to the rising focus on water quality and public health, the growing prevalence of water-borne diseases and stringent governmental regulations, and the rising expansion of industrialization and urbanization. Also, this segment is expected to register the highest CAGR during the forecast period due to technological advancements, increased regulatory pressure, rising environmental concerns, enhanced wastewater recycling initiatives, and growing demand for sustainable solutions.

Furthermore, the increasing emphasis on wastewater reuse and resource recovery, such as energy generation and nutrient recovery, is driving the segment’s growth. Technological innovations in treatment processes, such as advanced filtration systems and biological treatments, are improving efficiency and reducing operational costs. The push for sustainable wastewater management practices in industries like pharmaceuticals, food processing, and textiles further fuels market expansion.

Market by Offering

By 2025, the operation & maintenance services segment is expected to account for the largest share of 39% of the water and wastewater treatment market. The large share of this segment is attributed to the growing need to ensure the production of the desired quality and quantity of treated water, the increasing complexities of water and wastewater treatment facilities, and the adoption of innovative solutions and stringent regulatory standards.

However, the process control & automation segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the rising concerns regarding water scarcity, declining water quality, rising expenses associated with water supply, and the growing digitalization facilitated by advanced data analysis programs.

Market by Application

By application, the municipal applications segment is expected to account for the larger share of 69% of the water and wastewater treatment market. The large share of this segment is mainly attributed to the increasing challenge faced by municipalities in providing safe drinking water to their communities, the rising global population, advancements in treatment processes enabling wastewater recycling for reuse, and the growing adoption of advanced technologies for wastewater treatment, drinking-water production, and trace contaminant removal.

However, the industrial applications segment is expected to register a higher CAGR during the forecast period. The growth of this segment is attributed to increasing industrialization and urbanization, declining freshwater resources, increasing energy demand across the globe, stringent governmental regulations on treating industrial wastewater, and a rising focus on water quality and public health.

Request a customized research analysis tailored to your specific requirements: https://www.meticulousresearch.com/request-customization/cp_id=5026

GEOGRAPHIC MARKET INSIGHTS

Regionally, the Asia-Pacific region is positioned to dominate the global water and wastewater treatment market by 2025. The largest share of this market is mainly attributed to the growing need for the advanced treatment of residential water, advances in membrane technology, increased environmental deterioration, declining availability of clean water, increasing public-sector investment in water infrastructure, and growing research & development expenditures.

Moreover, this region is also projected to record the highest CAGR during the forecast period, owing to advancements in membrane technology, rising environmental concerns, decreasing clean water availability, increased public-sector investment in water infrastructure, and a focus on innovative research and development for enhanced treatment solutions, driving rapid market growth.

Additionally, Asia-Pacific’s rapid urbanization and industrialization are escalating water demand, further intensifying the need for efficient treatment solutions. Countries like China and India are leading in large-scale infrastructure projects to address water scarcity, fostering market growth. The region’s increasing focus on sustainable water management practices and adoption of cutting-edge technologies will continue to propel the market forward, ensuring long-term development.

Immediate Delivery Available | Buy this Research Report (Insights, Charts, Tables, Figures and More)- https://www.meticulousresearch.com/view-pricing/326

COMPETITIVE LANDSCAPE

Major companies in the global water and wastewater treatment market have implemented various strategies to expand their product offerings, footprints, and market shares. The key strategies followed by most companies in the water and wastewater treatment market were product launches, mergers & acquisitions, agreements, collaborations, and partnerships. Product launches accounted for a major share of the total strategic developments from key players between 2022 and 2025, followed by partnerships, agreements, collaborations, and mergers & acquisitions.

Some of the prominent players that adopted these growth strategies are SUEZ S.A. (France), Veolia Environnement (France), Xylem Inc. (U.S.), DuPont de Nemours, Inc. (U.S.), 3M Company (U.S.), Pentair plc (U.K.), Kingspan Group plc (U.K.), Dow Inc. (U.S.), BASF SE (Germany), Kurita Water Industries, Ltd. (Japan), BioMicrobics, Inc (U.S.), Calgon Carbon Corporation (U.S.), Trojan Technologies (Canada), Kemira Oyj (Finland), Thermax Limited (India), Wog Technologies (Singapore), WSP Global Inc. (Canada), SWA Water Australia (Australia), Burns & McDonnell (U.S.), Adroit Associates Private Limited (India), Sauber Environmental Solutions Pvt. Ltd. (India), SPEC INDIA (India), Ecolab, Inc. (U.S.), GFL Environmental Inc. (Canada), and Clean TeQ Water Limited (Australia) among others.

Related Reports:

Industrial Wastewater Treatment Market

Smart Water Management Market

Latin America Water and Wastewater Treatment Market

Water Purifier Market

About Meticulous Research

We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement. Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight major sectors and 20+ geographic markets, all to deliver targeted business insights that help our clients lead in a rapidly evolving global market.

With a strong focus on problem-solving for complex business challenges, our research enables organizations to navigate change with assertion, aligning it with strategic pathways for sustainable growth. By identifying innovative and effective solutions, we empower leaders to make impactful decisions that drive operational excellence and fuel innovation. We are committed to crafting insights that enhance business performance and help our clients unlock new revenue opportunities, positioning them for long-term success in the competitive global marketplace.

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PROPERTY MELD AND PLANOMATIC PARTNER TO COMBAT VACANCY RATES AND INVESTOR RETENTION

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April 8, 2025

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RAPID CITY, S.D., April 8, 2025 /PRNewswire/ — In a move to advance property management operations nationwide, Property Meld, the leading property maintenance operations platform, has expanded its Vendor Nexus program to include its first-ever listing media services partner, PlanOmatic. Originally developed to strengthen connectivity between third-party vendors managing maintenance requests and property managers across the United States and Canada, the Vendor Nexus program now broadens its reach beyond just maintenance coordination.

With this new partnership, Property Meld and PlanOmatic aim to solve a crucial challenge in the single-family rental market: maximizing retention by efficiently transitioning properties from make-ready to market-ready as fast as possible. By partnering with PlanOmatic’s rapid deployment of professional photography 3D tours and floor plans into the Vendor Nexus program, property managers can now turn units faster and list properties instantly, reducing vacancy time, maximizing rental income, and improving operational efficiency.

This collaboration fits into Property Meld’s ‘Nexus’ ecosystem, marking a significant step in their mission to eliminate inefficiencies, drive data-driven decisions, and redefine property maintenance through connectivity.

“We know every day a unit sits empty is money lost for property managers and their investors. The moment a turnover is complete, it should be listed as soon as possible. Adding PlanOmatic to Vendor Nexus means the disjointed maintenance and listing process will reduce extended vacancies tremendously,” said Ray Hespen, CEO of Property Meld. “This partnership directly supports our mission to optimize property maintenance operations; giving property managers the tools they need to be efficient, profitable, and retention-proof. It’s a win-win.”

Through Vendor Nexus, property managers can assign work to trusted vendors like PlanOmatic directly within Property Meld—making it easy to schedule services such as photography and virtual tours the moment a turnover is complete. This reduces days to list, improves visibility for prospective residents, and strengthens relationships with investors by getting their properties rented faster. In fact, PlanOmatic guarantees the delivery of high-quality photos within 2.5 days of a property manager’s order, recognizing the impact vacant units have on a property management company’s bottom line.

“Having watched Property Meld’s Vendor Nexus come to life, it’s an honor to be a part of the platform and movement,” said Kori Covrigaru, CEO of PlanOmatic. “We look forward to servicing property managers with professional photography 3D tours and floor plans nationwide in order to lease vacancies faster, elevate the industry and property manager brands across the country.”

This collaboration reinforces Property Meld’s mission to help property managers deliver world-class maintenance while creating operational efficiency across the board—from the first maintenance request to the final leasing photo.

To learn more about Vendor Nexus and the Property Meld and PlanOmatic partnership or apply as a third-party vendor, visit www.propertymeld.com/vendor-nexus.

About Property Meld
Property Meld is a property maintenance operations platform designed to enhance efficiency and provide clear oversight through improved data visibility. It significantly reduces repair times while optimizing and documenting communication to create a better experience for all stakeholders. Property Meld offers valuable performance metrics, enabling data-driven decisions to drive growth and profitability. Seamlessly integrating with leading property accounting software, it is an essential tool for modern property management.

About PlanOmatic
PlanOmatic is a national provider of listing media services for the property management industry, offering professional photography, 3D tour, and digital floor plans with a focus on rapid delivery and operational scalability through integrations with property management software

Contact: Liz Greenway, Property Meld
Phone: (605)-593-9485
Email: liz@propertymeld.com

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SOURCE Property Meld

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