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
$500/ 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.

Evertz Technologies Limited (T:ET)

Business Focus: Broadcasting Equipment

Sector:  Technology Industry:  Communications & Networking
 
Company Contact
Address: 5292 John Lucas Dr
BURLINGTON ON L7L 5Z9
Tel: 1-905-3357580
Website: https://www.evertz.com
IR: See website
Key People
Douglas A. Debruin
Executive Chairman of the Board of Directors, Executive Vice President - Administration
Eric Fankhauser
Vice President - Advanced Product Development
Romolo Magarelli
President, Chief Executive Officer, Director
Douglas Moore
Chief Financial Officer, Corporate Secretary
Brian Campbell
Executive Vice President - Business Development
Rakesh Patel
Chief Technology Officer, Director
Daniel Turow
Chief Information Officer, Vice President - File Based Systems
Marsha Garner
Vice President of Inside Sales and Administration
Orest Holyk
Vice President - Sales, US
Jeremy Blythe
Vice President - Engineering and Media Distribution
   
Business Overview
Evertz Technologies Limited is a Canada-based company, which designs, manufactures and markets video and audio infrastructure solutions for the television, telecommunications and new-media industries. The Company's solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their increasingly complex multi-channel digital, and high and ultra-high-definition television (HDTV and UHD) and next generation high bandwidth low latency Internet protocol (IP) network environments and by telecommunications and new-media companies. The Company's products provide signal routing, distribution, monitoring and management of content, as well as the automation and orchestration of more streamlined and agile workflow processes on premise and in the Cloud. It also offers a complete end to end solution for scalable, flexible, and dynamically controlled media transport networks for video, audio and data signals.
Financial Overview
For the nine months ended 31 January 2024, Evertz Technologies Ltd revenues increased 20% to C$391.8M. Net income increased 24% to C$56.4M. Revenues reflect International segment increase of 71% to C$150.3M, United States segment increase of 6% to C$229.3M. Net income benefited from Finance income (costs) increase from C$978K (expense) to C$72K (income), Depreciation in R&D decrease of 20% to C$2.9M (expense).
Employees: 1,767 as of Apr 30, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $1,170M as of Jan 31, 2024
Annual revenue (TTM): $520.77M as of Jan 31, 2024
EBITDA (TTM): $128.55M as of Jan 31, 2024
Net annual income (TTM): $74.83M as of Jan 31, 2024
Free cash flow (TTM): $71.35M as of Jan 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 76,064,535 as of Feb 28, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization