Information Services Corporation (TSX:ISV) CEO Shawn Peters joined Steve Darling from Proactive to share news the company has announced positive fourth-quarter and year-end results for 2022 showing a 12% increase in revenue for the year.
Peters tells Proactive the revenue was driven once again by continued transaction and customer growth in Services. That included the Regulatory and Corporate Solutions divisions, combined with $5.8 million contributed by UPLevel since its acquisition in February 2022.
The company’s Registry Operations revenue was helped with $8.9 million of additional revenue from Ontario Property Tax Assessment Services following the acquisition of Reamined back in June 2022.
Peters also shared with Proactive his thoughts on 2023 and what he is expecting to be driving the numbers this year.