Sylogist Ltd T.SYZ

Alternate Symbol(s): SYZLF

Technology Software - Application

Sylogist Ltd. is a Canada-based company, which provides software-as-a-service (SaaS) solutions. The Company provides enterprise resource planning (ERP), constituent relationship management (CRM), fundraising, education administration and payments solutions. It operates through three verticals: SylogistMission, SylogistEd, and SylogistGov. It refers its software solutions and related services for customers outside these three verticals as SylogistServices. SylogistGov offers three cloud-based solutions, such as SylogistGov ERP, tailored for local government needs; SAVIN, an advanced victim notification system, and Grants Manager, streamlining award and grant management processes. The SylogistMission caters nonprofits, non-governmental organization (NGOs), and faith-based organizations. SylogistEd offers enterprise resource planning (ERP) and student information systems. The Company offers Time Clock Now, a comprehensive SaaS solution for streamlining time tracking and scheduling.

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Sylogist Ltd

Bullboard Posts

Post by lotus1on Nov 21, 2017 10:05am

251 Views

Post# 27002726

14% Dividend Increase and Special Dividend

Nice !!!!!!

Dividend pay out ratio still low at 40%.

Strong Outlook/Guidance for FY 2018....

"In fiscal 2018 (commencing October 1, 2017), the Company expects annual revenues to be between $36 million and $38 million before the effect of future acquisitions or material new contracts. Adjusted EBITDA(1) is expected to be in the range of $0.80 and $0.85 per common share. The Company’s increased quarterly dividend of $0.08 per common share is based upon a payout ratio of approximately 40% of management’s low-end Adjusted EBITDA estimate for fiscal 2018."

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