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Baylin Technologies Inc. (T:BYL)

Business Focus: Communications & Networking (NEC)

Sector:  Technology Industry:  Communications & Networking
Company Contact
Address: 4711 Yonge Street, Suite 503
Tel: N/A
IR: See website
Key People
Jeffrey C. Royer
Chairman of the Board
Leighton Carroll
President, Chief Executive Officer
Dan Nohdomi
Chief Financial Officer, Senior Vice President
Minya Gavrilovic
President, Chief Technology Officer - Galtronics USA
John Restivo
President - Advantech Wireless Technologies
Denis Lee
Senior Vice President, Head of Mobile/Network, Asia Pacific
Business Overview
Baylin Technologies Inc. is a Canada-based diversified global technology company. The Company is focused on the research, design, development, manufacture and sale 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 Galtronics line of business designs and manufactures wireless antenna solutions for customers embedded, infrastructure, mobile and network enabled products. The Galtronics line of business is comprised of three business lines: Embedded Antenna, Wireless Infrastructure, and Mobile and Network. The Satcom line of business designs and manufactures radio frequency (RF) and microwave products for wireless communications markets and for commercial, critical infrastructure, government and military clients. The Satcom products are manufactured at the Company's facilities in Canada and the United States.
Financial Overview
For the three months ended 31 March 2024, Baylin Technologies Inc revenues decreased 20% to C$20.1M. Net loss before extraordinary items increased 69% to C$2M. Revenues reflect Vietnam segment decrease of 96% to C$210K, Canada segment decrease of 74% to C$676K. Higher net loss reflects Gain on lease termination and sale of no decrease from C$2.7M (income) to C$0K, Other SM increase of 69% to C$772K (expense).
Employees: 455 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $60.11M as of Mar 31, 2024
Annual revenue (TTM): $67.97M as of Mar 31, 2024
EBITDA (TTM): -$5.20M as of Mar 31, 2024
Net annual income (TTM): -$9.02M as of Mar 31, 2024
Free cash flow (TTM): -$10.51M as of Mar 31, 2024
Net Debt Last Fiscal Year: $26.73M as of Mar 31, 2024
Shares outstanding: 151,014,811 as of May 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization