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Enghouse Systems Ltd T.ENGH

Alternate Symbol(s):  EGHSF

Enghouse Systems Limited provides vertical enterprise software solutions. The Company has two segments: Interactive Management Group (IMG) and Asset Management Group (AMG). The IMG segment specializes in customer interaction software and services. Its products include contact center, video collaboration, video health monitoring, video room systems, interactive voice response, artificial intelligence, outbound dialers, attendant console, agent performance optimization, customer survey, business intelligence and analytics. It also offers video recording, streaming and event enterprise solutions. The segment, through Lifesize, offers video solutions, which enables remote teams to connect with in-person teams. The AMG segment offers a range of products to telecom service providers, utilities, and the oil and gas industry. Its products include network infrastructure and revenue generation solutions. It also offers fleet routing, dispatch, scheduling, transit e-ticketing and others.


TSX:ENGH - Post by User

Post by Kingpin2020on Mar 12, 2021 1:01pm
509 Views
Post# 32786220

Q1

Q1I've been heavily invested in Enghouse since 2000 and have learned over the years not to get too fussed about quarter to quarter numbers--except for cash on hand. My key takeaways on Q1 are: 1. Enghouse has come through the pandemic in good shape and most of the headwinds are dissipating; 2. The company has managed to generate enough cash to pay out a generous special dividend, increase the annual dividend by 18% and to have enough dry powder to keep acquiring companies which are usually immediately accretive to earnings; 3. perhaps most importantly for me, it's evident that Vince Mifsud has stepped up to the plate in a big way when it comes to heading up operations and administration thus freeing up Steve Sadler to focus on acquisitions with the talented team that he has assembled. It's a great story that is likely going to keep getting better over time.
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