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Bullboard - Stock Discussion Forum Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Sangoma Technologies Corporation is a provider of managed cloud-based communications and technology solutions for businesses worldwide. The Company offers a comprehensive suite of cloud-native communication solutions, including software, endpoints, and connectivity services. It offers a complete set of cloud communications services, flexible deployment options including cloud and on-premises... see more

TSX:STC - Post Discussion

Sangoma Technologies Corp > Donville/Kent
View:
Post by retiredcf on Jul 21, 2023 11:51am

Donville/Kent

STC is one of the five companies mentioned in their July report. GLTA
  1. Sangoma (STC)

    • We recently had a call with Sangoma’s Chairman and Interim CEO.

    • In their most recent quarter, they reported 18% revenue growth with service revenue growing 37% and EBITDA margins of 19.4%. Their SaaS revenue grew 10% organically and now represents 81% of revenue.

    • They are well along the path of bringing on a new CEO who should be able to improve communication to the market plus have the experience of running a business at a much more significant scale than where Sangoma is now.

    • Their team and market data confirm that growth and margins should remain strong. They don’t see erosion from a margin perspective going forward and they aim for 10% organic growth but most likely can do better than that.

    • The stock is currently trading on 3x EBITDA, roughly 4x cash earnings, and seems to have bottomed around the $5/share level.

https://donvillekent.com/wp-content/uploads/2023/07/DKAM-ROE-Reporter-July-Final.pdf
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