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Sylogist Ltd. (T:SYZ)

Business Focus: Software (NEC)

Sector:  Technology Industry:  Software
 
Company Contact
Address: Suite 102, 5 Richard Way SW
CALGARY AB T3E 7M8
Tel: N/A
Website: https://www.sylogist.com
IR: See website
Key People
William C. Wood
President, Chief Executive Officer, Director
Xavier Shorter
Chief Financial Officer, Vice President - Finance
David O. C. Elder
Executive Vice President, Corporate Secretary
Theresa Lopresti
Chief Technology Officer and Innovation Officer
James Townsend
Vice President of Marketing
Tracy Harder
Vice President - Talent & Engagement
Grant Mclarnon
Chief Revenue Officer
Donna Smiley
Chief Customer Officer
 
Business Overview
Sylogist Ltd. is a Canada-based company, which provides software-as-a-service (SaaS) solutions. The Company provides enterprise resource planning (ERP), constituent relationship management (CRM), fundraising, education administration and payments solutions. It operates through three verticals: SylogistMission, SylogistEd, and SylogistGov. It refers its software solutions and related services for customers outside these three verticals as SylogistServices. SylogistGov offers three cloud-based solutions, such as SylogistGov ERP, tailored for local government needs; SAVIN, an advanced victim notification system, and Grants Manager, streamlining award and grant management processes. The SylogistMission caters nonprofits, non-governmental organization (NGOs), and faith-based organizations. SylogistEd offers enterprise resource planning (ERP) and student information systems. The Company offers Time Clock Now, a comprehensive SaaS solution for streamlining time tracking and scheduling.
Financial Overview
For the fiscal year ended 31 December 2023, Sylogist Ltd revenues decreased 5% to C$65.5M. Net income decreased 57% to C$1.1M. Revenues reflect USA segment decrease of 6% to C$40.9M, Canada segment decrease of 9% to C$23M. Net income also reflects Sales and marketing increase of 36% to C$6M (expense), General and administrative increase of 15% to C$12.5M (expense). Dividend per share decreased from C$0.51 to C$0.04.
Employees: 200 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $211.23M as of Dec 31, 2023
Annual revenue (TTM): $65.51M as of Dec 31, 2023
EBITDA (TTM): $13.73M as of Dec 31, 2023
Net annual income (TTM): $1.10M as of Dec 31, 2023
Free cash flow (TTM): $5.65M as of Dec 31, 2023
Net Debt Last Fiscal Year: $6.13M as of Dec 31, 2023
Shares outstanding: 23,486,177 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization