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Sangoma Technologies Corporation (V:STC)

Business Focus: Communications & Networking (NEC)

Sector:  Technology Industry:  Communications & Networking
Company Contact
Address: 100 Renfrew Drive, Suite 100
Tel: N/A
IR: See website
Key People
Charles Salameh
Chief Executive Officer, Director
Larry Stock
Chief Financial Officer
Jeremy Wubs
Chief Operating Officer
Nenad Corbic
Chief Technology Officer
Samantha Reburn
General Counsel, Corporate Secretary, Chief Legal Officer
Jamie Minner
Chief Revenue Officer
Business Overview
Sangoma Technologies Corporation is a provider of managed cloud-based communications and technology solutions for businesses worldwide. The Company offers a comprehensive suite of cloud-native communication solutions, including software, endpoints, and connectivity services. It offers a complete set of cloud communications services, flexible deployment options including cloud and on-premises, and customer service. The Company's solutions include communication services, phone and devices, network connectivity, and MSP services. It delivers hosted phone services for contact centers, small businesses, and other organizations looking to the Cloud for managing their business communications. It provides desk phones, headset, and DECT phones. Its network connectivity solutions include voice over Internet protocol (VoIP) gateways, Session Border Controller (SBC), and telephony cards. The Company also provides open-source communications software.
Financial Overview
For the six months ended 31 December 2023, Sangoma Technologies Corp revenues decreased 1% to $125.3M. Net loss increased 21% to $5.7M. Revenues reflect Products segment decrease of 17% to $23.4M, Other Foreign Countries segment decrease of 8% to $7.6M, United States segment decrease of less than 1% to $116.7M. Higher net loss reflects hggf decrease from $1.9M (income) to $202K (expense).
Employees: 748 as of Jun 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $318.86M as of Dec 31, 2023
Annual revenue (TTM): $341.29M as of Dec 31, 2023
EBITDA (TTM): $61.86M as of Dec 31, 2023
Net annual income (TTM): -$40.67M as of Dec 31, 2023
Free cash flow (TTM): $33.51M as of Dec 31, 2023
Net Debt Last Fiscal Year: $128.34M as of Dec 31, 2023
Shares outstanding: 33,325,575 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization