ParcelPal Logistics
Freight & Logistics Services · Canada · 51-200 Employees
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Overview
Headquarters
620-1111 Melville St, Vancouver, British...Phone Number
+44 8006125803Website
www.parcelpal.comRevenue
$9.5 MillionStock Symbol
PTNYFIndustry
ZI Rank: 1
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ZI Rank
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About ParcelPal Logistics
ParcelPal is a leader in the growing technology and logistics industry. ParcelPal seamlessly connects consumers to businesses, where they have access to the goods they love, anytime, anywhere. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour or the same day. The Company offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver, Calgary, Saskatoon and soon in major cities Canada-wide.Explore more
ParcelPal Logistics Org Chart
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ParcelPal Logistics is experiencing very low activity levels compared to other companies in the Transportation sector.
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ParcelPal Logistics is drawing exceptional interest within the Transportation industry, suggesting notable developments or strong market momentum, learn more about ParcelPal Logistics.
ParcelPal Logistics financials insights
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2020
Share Placement
$368K
Share Placement
$525K
ParcelPal Logistics Tech Stack
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ParcelPal Logistics News & Media
ParcelPal Logistics Inc. Reports All-Time Record Results Since Inception and Third Quarter 2023 Results Highlighted by a Company-Wide Near Breakeven Bottom Line, Record Margins and Record Revenue
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2023) - ParcelPal Logistics Inc. (OTCQB: PTNYF) (CSE: PKG) (FSE: PT0A) (the "Company" or "ParcelPal") is pleased to announce its record Q3 2023 financial results highlighted by revenue growth of 39% (to approximately $3.7M), continued record gross margins of 39.6% and a 91% decrease in net loss (from $1.2M in Q3 2022 to $103K in Q3 2023). It is important to note that this was our largest Q3 ofParcelPal Logistics Announces Extension of Contract with Its Second Largest Customer Leading to Increasing Rates on Deliveries, Higher Package Counts and Expansion Opportunities
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - ParcelPal Logistics Inc. (OTCQB: PTNYF) (CSE: PKG) (FSE: PT0A) (the "Company" or "ParcelPal") is pleased to announce that it has extended its contract with its second largest customer for at least another year. This customer accounts for approximately 20% of the Company's topline revenue and is growing with us. Additionally, the terms of the renewed contract are more favorable for ParcelPal with increasing rates on deliveries...ParcelPal Logistics Announces October 2023 Results Led by Record Margins Resulting in Operational Profits
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2023) - ParcelPal Logistics Inc. (OTCQB: PTNYF) (CSE: PKG) (FSE: PT0A) (the "Company" or "ParcelPal") is pleased to announce that it had another month of operating profitability (approximately $50K USD) in its U.S. business led by a record 28% gross margin for the month of October 2023. This was driven by more profitable business with our second largest customer. This is a great sign for the Company as the fourth quarter
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Frequently Asked Questions Regarding ParcelPal Logistics
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ParcelPal is a leader in the growing technology and logistics industry. ParcelPal seamlessly connects consumers to businesses, where they have access to the goods they love, anytime, anywhere. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour or the same day. The Company offer... Read More
