Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Baylin Technologies Inc. (T:BYL)

Business Focus: Communications & Networking (NEC)

Sector:  Technology Industry:  Communications & Networking
 
Company Contact
Address: 4711 Yonge Street, Suite 503
TORONTO ON M2N 6K8
Tel: N/A
Website: https://www.baylintech.com
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