Sangoma Technologies Corp T.STC

Q3

[Captain71]

Not sure how the folks at BMO got these EPS numbers. Must be stripping out some one time expenses or something. Any ideas?

 

Last quarter

Quarterly Earnings/Share

0.03 C

Beat est. by +0.12

Quarterly revenue

62.76M

Sangoma Technologies Corp announced last quarter’s earnings on May 11, 2023 with 62.76M C in revenue, resulting in 0.03 C earnings per share.

Upcoming earnings estimate

Quarterly Earnings/Share

-0.04 C

Annual revenue

340.28M

 

Earnings per share estimates

 

 

 Actual EPS

 Consensus estimate

 Estimate range

Q4 2022Miss -1.17

Q1 2023Beat 0.06

Q2 2023Beat 0.02

Q3 2023Beat 0.12

 

Also any idea why we have been trending down since the Q3 report. Seemed like a pretty good quarter with a positive outlook.

GLTA

[Torontojay]

Eps is a useless measure for Sangoma.  Im probably beating a dead horse on this but one should really be following free cash flow.  To address your question, the business/acquisition cost is not a recurring expense and could boost eps forward looking numbers. However, the company received a boost to net income from the change in value of consideration payable. The difference between

[colourama]

Torontojay, the free cash flow yield on a ttm basis with Q3 numbers, is what, about 19% or 20% with fully diluted share count? As was noted earlier here on this board, it seems quite attractive at these levels but the market isn't buying it (literally and figuratively!) I assume there is an expectation of a declining bottom line priced in.

[Torontojay]

Yes Colourama, I think when I wrote this post (link below) share price was the same. I haven't updated it but it probably went up after last quarter. I think 20%+  forward free cash flow is very attractive for a recurring revenue business model.  https://stockhouse.com/companies/bullboard?symbol=t.stc&postid=35384603

[Stonksonlyup90]

There are more and more unexplainable valuations in the overall stock market as each day passes..  There is a lot of 'fat' to trim when it comes to SG&A after the acquisition spree - I think free cash flow can be maintained at a reasonably high rate. Good entry price here IMO