Bullboard - Stock Discussion Forum TELUS Digital (Cda) Inc T.TIXT

Alternate Symbol(s): TIXT

TELUS Digital (Cda) Inc., formerly TELUS International (Cda) Inc., is a digital customer experience (CX) innovator that designs, builds and delivers solutions, including artificial intelligence (AI) and content moderation, for global and disruptive brands. The Company’s services support the full lifecycle of its clients’ digital transformation journeys, enabling them to embrace more digital... see more

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TELUS Digital (Cda) Inc > Another View

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Post by retiredcf on Jun 03, 2023 12:55pm

Another View

From last Monday. GLTA

The market has not liked TIXT's decline in free cash flow and profits, along with its increase in debt. Higher operating and interest expenses have been eating into margins over the past few quarters. Higher interest expense comes from an increased debt balance needed to fund the acquisition of WillowTree. We feel that the acquisition will be a good move in the long run, and do expect the debt to come down with cash flow. We continue to like the name and feel that it is well-priced at only 12X earnings, but we would certainly like to see more positive momentum. (5iResearch)

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