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 > expecting interest payment increases from $1.66m of last Q

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Comment by Torontojayon Jun 11, 2023 9:47am

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Post# 35490492

RE:expecting interest payment increases from $1.66m of last Q

"It increased $17.5m debt after Quater-end. 111m of old debt + new 17.5m=128.5m. If it has $30m "free cash flow" to pay old debt, certainly it would not have to incur new debt. It must hide "the free cash" under mattress, i am afraid."

Again, this makes no sense. In other words, you are saying that if a company is cash flowing then there is no need to take on debt.

If you look at the financing component from the cash flow statement it reads:

proceeds from operating facilities= $ 5,300
repayment of operating facilities = $(13,275k)
repayment of right of use = $(3,133)
common shares purchased = $ (605)
share issuance for options = $ 44

The highlighted areas denotes what the company can do when they are cash flow positive. They can purchase shares, pay down debt and also invest in growth initiatives.