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Renoworks Software Inc
Symbol RW
Shares Issued 40,701,301
Close 2025-04-28 C$ 0.275
Market Cap C$ 11,192,858
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Renoworks adds 15 visualizers, corrects 2024 revenue

2025-04-28 14:38 ET - News Release

Mr. Doug Vickerson reports

RENOWORKS ANNOUNCES LAUNCH OF 15 NEW ENTERPRISE VISUALIZERS AND CORRECTION OF RECURRING REVENUE IN PRESS RELEASE ANNOUNCING 2024 YEAR END RESULTS

Renoworks Software Inc. previously announced its annual and fourth quarter 2024 financial results. The financial statements and related management discussion and analysis can be viewed on SEDAR+.

Renoworks Software announced today corrections to the recurring revenue in its press release sent out on April 15, 2025. The prior press release stated: Recurring revenue rose 20 per cent to $1,961,850, compared with $1,632,484 in 2023. That statement is corrected to read as follows: Recurring revenue rose 23 per cent to $2,764,398, compared with $2,251,019 in 2023.

The 15 newly launched visualizers span a diverse range of manufacturers and distributors, reflecting the growing demand for digital visualization solutions among building product brands. These additions reinforce Renoworks' strategic focus on expanding its enterprise offering, growing its client base across North America and enhancing the customer experience through immersive, accurate design technology.

New enterprise visualizer launches include:

  • 1951 Cabinetry;
  • Ascend (by Alside/Associated Materials);
  • Centurion Stone;
  • Curtis Lumber;
  • Exceptional Metals;
  • Fortify Building Solutions;
  • Louisiana-Pacific Corp.;
  • MetalMax;
  • Pella Windows & Doors;
  • Quality Edge;
  • Shenandoah Cabinetry;
  • Stone Selex;
  • West Virginia Metal Wholesalers;
  • Westform Metals;
  • Worthouse Metal Roofing Manufacturing.

These enterprise partners represent sectors spanning roofing, siding, stone veneer, cabinetry, entry doors and windows, illustrating the broad applicability of visualization solutions in today's evolving construction and remodelling markets.

"The addition of these new enterprise visualizers is a testament to the growing recognition of Renoworks as the platform of choice for manufacturers and distributors looking to elevate their customer engagement strategies," said Doug Vickerson, chief executive officer of Renoworks. "We are proud to support these leading brands in transforming the way homeowners, builders and contractors interact with products. This momentum strengthens our foundation as we continue to expand our reach, enhance our platform's capabilities, and drive value for our customers and shareholders alike."

About Renoworks Software Inc.

Renoworks Software develops and sells unique digital visualization software and integration solutions for the remodelling and new home construction industry. Renoworks delivers its technology to manufacturers, contractors, builders and retailers, offering solutions to one of the home improvement industry's greatest challenges: enabling homeowners to review their product selections in a hyperrealistic, virtual environment before committing to purchases and construction. Renoworks markets its technologies as an innovative engagement, sales and marketing platform and generates revenues from five main business lines: Renoworks Enterprise, Renoworks Pro, Renoworks Design Services, Renoworks FastTrack and Renoworks API (application programming interface).

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