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Bullboard - Stock Discussion Forum Baylin Technologies Inc T.BYL

Alternate Symbol(s):  BYLTF | T.BYL.DB

Baylin Technologies Inc. is a Canada-based diversified, global wireless technology company. The Company is focused on the research, design, development, manufacturing and sales of passive and active radio frequency products, satellite communications products, and supporting services. The Company’s products are marketed and sold under the brand names Galtronics, and Advantech Wireless. The... see more

TSX:BYL - Post Discussion

Baylin Technologies Inc > Financials Out
View:
Post by Duster340 on Mar 10, 2022 12:17am

Financials Out

not even takacsy would be able to prop it up this time. here are a few things that caught my eye

.net loss of $20.1 million in the fourth quarter of 2021 compared to net loss of $9.4 million in the fourth quarter of 2020.

.
Gross profit of $15.1 million in fiscal 2021 compared to $35.4 million in fiscal 2020. Gross margin was 14.7% in fiscal 2021 compared to 29.6% in fiscal 2020. Gross margin was negatively impacted in fiscal 2021 by an overall decrease in sales volumes across the Company's business lines

.Net loss of $67.4 million in fiscal 2021 compared to net loss of $16.9 million in fiscal 2020.
Comment by ARIMA11 on Mar 10, 2022 1:12pm
Like the energy of the new CEO. Big big big difference! Also backlog numbers finally provided. Historically high levels of backlog(3) of $38.3 million at February 28, 2022 and $36.4 million at December 31, 2021, led by the Satcom and Embedded Antenna business lines. Backlog at December 31, 2021 increased by $19.3 million or 112.9% from December 31, 2020. Also included in the financial for the ...more  
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