Logiq Inc CEO Brent Suen joined Proactive to discuss recent guidance the group has given, expecting fourth-quarter revenue to exceed $10 million for a 52% year-over-year increase.
Suen says its gross margin is expected to continue to expand to record levels, exceeding at least 33%, compared to 29.5% in the previous quarter and 21.1% in the year-ago quarter. He attributes this to an uptake on the sales side, with customers coming to Logiq, which he expects should continue well into 2022.