Sangoma Technologies Corp T.STC

Alternate Symbol(s): SANG

Technology Communication Equipment

Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise-grade communications suite is developed in-house and available for cloud, hybrid, or on-premises setups. Additionally, the Company provides managed services for connectivity, network, and security. It offers hardware and software components that enable or enhance Internet protocol communications systems for both telecom and datacom applications. Its product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software. Its phones and devices include voice over Internet protocol (VoIP) hardware, headsets, telephony cards, and accessories.

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Sangoma Technologies Corp

Bullboard Posts

Post by knicksmanon Oct 10, 2017 6:12pm

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Post# 26796816

Strong Results...Stronger Outlook

The company reported Q4 revenue of $7.7 million and EBITDA of $0.7 million. For the year, the company grew revenues 27% and EBITDA by close to 100%. EBITDA was $2.6 million.

For F2018, the company is looking for revenues of $46 million and EBITDA of $4 million. My first take at this is that the revenue guidance looks fair, but I think there's upside to EBITDA.

Nevertheless, at $4 million EBITDA, $1 million of net debt, 10x EV/EBITDA, and 35 million shares...the shares should be worth $1.10/share. Shares should do well tomorrow...I also think there's more upside with M&A. Management has done a fantastic job...I'd bet on them continuing to do so.

Bullboard Posts

They started in video game investing, now they serve high net worth traders