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Bullboard - Stock Discussion Forum Sylogist Ltd T.SYZ

Alternate Symbol(s):  SYZLF

Sylogist Ltd. is a Canada-based software company, which at provides mission-critical software-as-a-service (SaaS) solutions to over two thousand public sector customers globally across the government, nonprofit, and education segments. The Company’s segments include SylogistMission, SylogistEd, SylogistGov, and SylogistSolutions. SylogistMission segment provides mission-critical, modularized... see more

Bullboard (TSX:SYZ)

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(1791)
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  • Possibleidiot01X
Comment by Possibleidiot01on Mar 19, 2024 7:16am

RE:RE:RE:RE:Annual report learnings

I liked the last sentence. Also the " Interest and taxes are real cash costs too." etc ...... Sylogist earns target raise at Paradigm Cantech Letter https://www ...more  
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(0)
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  • wellheeledX
Comment by wellheeledon Mar 18, 2024 9:31pm

RE:RE:RE:Annual report learnings

Not crazy in the least.   SYZ trades at 175x trailing 12 month earnngs with reported earning falling YOY and it burns cash.   Adjusted EBITDA is a BS number for measurement purposes.   ...more  
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(76)
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  • colouramaX
Comment by colouramaon Mar 18, 2024 3:24pm

RE:RE:Annual report learnings

Am I crazy in thinking that SYZ is rather expensive? They did $17.3 adjusted EBITDA for 2023, which is flat from the previous financial year, but with a worse margin. Yet trades at ~12 times adjusted ...more  
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(1791)
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  • Possibleidiot01X
Comment by Possibleidiot01on Mar 17, 2024 11:48am

RE:Annual report learnings

I find sedarplus amost unworkable so I have't doublechecked your numbers. Backlog down by $10 million ; what is the backlog ? Hard to tell if this is important with knowing the percentage? Did the ...more  
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(0)
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  • wellheeledX
Post by wellheeledon Mar 15, 2024 6:51pm

Annual report learnings

Backlog down by $10M YOY Interest paid on debt at 11% rate - almost $2M Almost $5M in capitalized R&D.  If this was expensed (as it likey should be) loss would have been about $0.15 per share ...more  
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(1791)
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  • Possibleidiot01X
Post by Possibleidiot01on Mar 12, 2024 2:34pm

Jason Donville -BNN - WATCH

WATCH Sylogist Ltd.(SYZ-T) 12/03/2024   Is watching it. Great, little SAAS company that suffered when the market shunned small caps in 2022-3. They' ...more  
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(1791)
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  • Possibleidiot01X
Post by Possibleidiot01on Mar 07, 2024 8:54pm

Sean Bouwers - also from Epic Capital 3 weeks ago

Sean Bouwers, CFA, MFinSean Bouwers, CFA, MFin • 3rd+ • 3rd+ Associate Portfolio ManagerAssociate Portfolio Manager 3w • 3w •        ...more  
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(1791)
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  • Possibleidiot01X
Comment by Possibleidiot01on Feb 21, 2024 3:45pm

RE:Paradigm causing spike?

Details.   Globe says new coverage rates Sylogist "buy"   2024-02-15 08:02 ET - In the News   The Globe and Mail reports in its Thursday edition that Paradigm ...more  
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(0)
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  • wellheeledX
Comment by wellheeledon Feb 19, 2024 7:22pm

RE:RE:Sylogist Turnaround?

You make a reasonable point.  The dividend was sustainable based on the profitability at that time.  Since then the balance sheet has changed dramatically (a reduction of $65M in working ...more  
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(1791)
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  • Possibleidiot01X
Comment by Possibleidiot01on Feb 18, 2024 9:17pm

RE:Sylogist Turnaround?

I read your commment  and then went back to your previous comments and am thinking about your points. I think you have some points but I disagree with one paragraph -   "Four years ...more  
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(0)
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  • wellheeledX
Post by wellheeledon Feb 18, 2024 3:08pm

Sylogist Turnaround?

Four years ago Sylogist was running about $40M in annual revenue.  Today it is running about $65M in annual trailing revenue.  This seems to be reasonable growth of $25M - but let’s dig a ...more  
Comment by tinkvidon Feb 16, 2024 8:43am

RE:RE:RE:David Fawcett- Epic Capital

Possible takeout target? Also, when the Analysts are setting their targets they gotta be pitching well in advance to their subscribers our firms' clients(In my opinion)......Either way we are ...more  
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