Ad blocking detected

Thank you for visiting 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 Club
$299/ 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

* 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.

Pivot Technology Solutions, Inc. (T:PTG)

Business Focus: IT Services & Consulting

Log in or join to add this stock to your watch list.
Sector:  Technology Industry:  IT Services & Consulting
See Regulatory Filings on SEDAR
Company Contact
Address: 55 Renfrew Dr Suite 200
Tel: N/A
IR: See website
Key People
Business Overview
Pivot Technology Solutions, Inc. focuses on the strategy to acquire and integrate technology solution providers, primarily in North America. The businesses acquired by the Company designs, sells and supports integrated computer hardware, software and networking products for business database, network and network security systems. The Company primarily serves customers throughout the United States. The Company, together with its portfolio companies and partners, delivers solutions that enable organizations to design, build, implement and maintain computing and communication infrastructure that addresses their business needs. The Company enables businesses to extend their enterprise through mobility solutions to better connect business partners and customers. The Company's subsidiaries include Pivot Acquisition Corporation, ACS Holdings (Canada) Inc., Pivot Technology Solutions, Ltd., Pivot Research Ltd., Pivot Shared Services Ltd., Pivot of the Americas (POTA) and ACS (US) Inc.
Financial Overview
For the six months ended 30 June 2019, Pivot Technology Solutions Inc revenues decreased 15% to $641.3M. Net loss decreased 13% to $2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Selling and administrative - Balancing v decrease of 25% to $11.5M (expense), Contingent consideration decrease of 22% to $440K (expense).
Employees: 770 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $190.03M as of Jun 30, 2019
Annual revenue (TTM): $1,676M as of Jun 30, 2019
EBITDA (TTM): $25.60M as of Jun 30, 2019
Net annual income (TTM): -$5.71M as of Jun 30, 2019
Free cash flow (TTM): $99.67M as of Jun 30, 2019
Net Debt Last Fiscal Year: $159.11M as of Jun 30, 2019
Shares outstanding: 39,473,032 as of Jun 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization