Armada Data Corp. Stock Analysis ARD.V

Armada Data Corp. is an information services company. The company is headquartered in Mississauga, Ontario. The firm is engaged in providing accurate and real-time data to institutional and retail customers, through developing, owning and operating automotive pricing-related websites and providing information technology and marketing services to its clients. The Company’s segments include Insurance Services, CarCostCanada, and Information Technology (IT). The Insurance Service division is engaged in the sale of total-loss replacement vehicle reports to Canadian insurance companies. The CarCostCanada division is engaged in the sale of new car pricing data to consumers primarily through the Company’s flagship Website www.CarCostCanada.com, and the reselling of new car pricing data to qualified third party vendors. The IT division supplies Web and email hosting, technical support and network support services (for both internal and retail users) and the resale of hardware and software solutions.