Baylin Technologies（BYL）株式概要ベイリン・テクノロジーズ・インクは子会社とともに、パッシブおよびアクティブ無線周波数（RF）製品、衛星通信製品、サポートサービスの研究、設計、開発、製造、販売を行っている。 詳細BYL ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長2/6過去の実績0/6財務の健全性1/6配当金0/6報酬収益は年間36.25%増加すると予測されています 過去5年間の収益は年間48.8%増加しました。 同業他社や業界と比較して、良好な取引価格 リスク分析マイナスの株主資本 キャッシュランウェイが1年未満である 意味のある時価総額がありません ( CA$43M )すべてのリスクチェックを見るBYL Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$0.2892.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-62m345m2016201920222025202620282031Revenue CA$345.1mEarnings CA$29.5mAdvancedSet Fair ValueView all narrativesBaylin Technologies Inc. 競合他社Firan Technology GroupSymbol: TSX:FTGMarket cap: CA$532.2mLiberty Defense HoldingsSymbol: TSXV:SCANMarket cap: CA$32.5mMetavista3DSymbol: TSXV:DDDMarket cap: CA$52.9mLegend Power SystemsSymbol: TSXV:LPSMarket cap: CA$19.5m価格と性能株価の高値、安値、推移の概要Baylin Technologies過去の株価現在の株価CA$0.2852週高値CA$0.3852週安値CA$0.20ベータ0.701ヶ月の変化7.69%3ヶ月変化0%1年変化27.27%3年間の変化-20.00%5年間の変化-74.07%IPOからの変化-96.50%最新ニュースReported Earnings • May 15First quarter 2026 earnings released: CA$0.015 loss per share (vs CA$0.013 loss in 1Q 2025)First quarter 2026 results: CA$0.015 loss per share (further deteriorated from CA$0.013 loss in 1Q 2025). Revenue: CA$16.1m (down 15% from 1Q 2025). Net loss: CA$2.32m (loss widened 14% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.New Risk • May 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Negative equity (-CA$13m). Minor Risk Market cap is less than US$100m (CA$35.1m market cap, or US$25.6m).お知らせ • Apr 12Baylin Technologies Inc Settles Litigation with SpaceBridge IncBaylin Technologies Inc. announced that it has settled its long-running litigation with SpaceBridge Inc. over claims arising out of the Company's acquisition of Advantech Wireless Technologies in January 2018. The settlement is being funded by payments to the parties out of the escrow fund established in connection with the acquisition. Baylin will be receiving cash from the escrow as part of the settlement.Reported Earnings • Mar 27Full year 2025 earnings released: CA$0.031 loss per share (vs CA$0.056 loss in FY 2024)Full year 2025 results: CA$0.031 loss per share (improved from CA$0.056 loss in FY 2024). Revenue: CA$76.3m (down 8.7% from FY 2024). Net loss: CA$4.67m (loss narrowed 45% from FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Mar 10Baylin Technologies Inc., Annual General Meeting, May 14, 2026Baylin Technologies Inc., Annual General Meeting, May 14, 2026.お知らせ • Dec 19Baylin Technologies Inc. announced that it has received CAD 10.3125 million in funding from 2385796 Ontario Inc.On December 18, 2025, Baylin Technologies Inc. closed the transaction. The company issued 41,250,000 subscription receipts at a price of CAD 0.25 per subscription receipt for gross proceeds of CAD 10,312,500. The transaction included participation from the a group of new institutional investors and Company’s controlling shareholder and returning investor, 2385796 Ontario Inc. for15,000,000 of the subscription receipts on the same terms as arm’s length purchasers at a price of CAD 0.25 per subscription receipt for an aggregate subscription price of CAD 3,750,000. The common shares underlying the subscription receipts acquired by the controlling shareholder represent approximately 9.8% of the currently issued and outstanding common shares of the Company. Each subscription receipt will entitle the holder to receive one common share of the Company upon closing of the Acquisition and satisfaction of certain other conditions (collectively, the “Escrow Release Conditions”). The subscription by the controlling shareholder has been approved by the Board of Directors of the Company, the issuance of the Company’s common shares underlying the subscription receipts issued today, is subject to customary conditions for an acquisition of this type, including approval of the Toronto Stock Exchange (“TSX”), the foreign investment authority in Finland and the shareholders of the Company.最新情報をもっと見るRecent updatesReported Earnings • May 15First quarter 2026 earnings released: CA$0.015 loss per share (vs CA$0.013 loss in 1Q 2025)First quarter 2026 results: CA$0.015 loss per share (further deteriorated from CA$0.013 loss in 1Q 2025). Revenue: CA$16.1m (down 15% from 1Q 2025). Net loss: CA$2.32m (loss widened 14% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.New Risk • May 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Negative equity (-CA$13m). Minor Risk Market cap is less than US$100m (CA$35.1m market cap, or US$25.6m).お知らせ • Apr 12Baylin Technologies Inc Settles Litigation with SpaceBridge IncBaylin Technologies Inc. announced that it has settled its long-running litigation with SpaceBridge Inc. over claims arising out of the Company's acquisition of Advantech Wireless Technologies in January 2018. The settlement is being funded by payments to the parties out of the escrow fund established in connection with the acquisition. Baylin will be receiving cash from the escrow as part of the settlement.Reported Earnings • Mar 27Full year 2025 earnings released: CA$0.031 loss per share (vs CA$0.056 loss in FY 2024)Full year 2025 results: CA$0.031 loss per share (improved from CA$0.056 loss in FY 2024). Revenue: CA$76.3m (down 8.7% from FY 2024). Net loss: CA$4.67m (loss narrowed 45% from FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Mar 10Baylin Technologies Inc., Annual General Meeting, May 14, 2026Baylin Technologies Inc., Annual General Meeting, May 14, 2026.お知らせ • Dec 19Baylin Technologies Inc. announced that it has received CAD 10.3125 million in funding from 2385796 Ontario Inc.On December 18, 2025, Baylin Technologies Inc. closed the transaction. The company issued 41,250,000 subscription receipts at a price of CAD 0.25 per subscription receipt for gross proceeds of CAD 10,312,500. The transaction included participation from the a group of new institutional investors and Company’s controlling shareholder and returning investor, 2385796 Ontario Inc. for15,000,000 of the subscription receipts on the same terms as arm’s length purchasers at a price of CAD 0.25 per subscription receipt for an aggregate subscription price of CAD 3,750,000. The common shares underlying the subscription receipts acquired by the controlling shareholder represent approximately 9.8% of the currently issued and outstanding common shares of the Company. Each subscription receipt will entitle the holder to receive one common share of the Company upon closing of the Acquisition and satisfaction of certain other conditions (collectively, the “Escrow Release Conditions”). The subscription by the controlling shareholder has been approved by the Board of Directors of the Company, the issuance of the Company’s common shares underlying the subscription receipts issued today, is subject to customary conditions for an acquisition of this type, including approval of the Toronto Stock Exchange (“TSX”), the foreign investment authority in Finland and the shareholders of the Company.お知らせ • Dec 02Baylin Technologies Inc. (TSX:BYL) entered into a definitive agreement to acquire Kaelus AB for approximately SEK 290 million.Baylin Technologies Inc. (TSX:BYL) entered into a definitive agreement to acquire Kaelus AB for approximately SEK 290 million on December 1, 2025. The consideration consists of of approximately SEK 285 million or approximately CAD 42 million (subject to adjustment and net of excess cash). The purchase price will be satisfied in a combination of cash and common shares of Baylin. The Purchase Price is anticipated to be satisfied through the payment of SEK 175.6 million in cash and the issuance of approximately 52.2 million Common Shares of Baylin. Baylin is funding the cash portion of its Purchase Price through a mix of equity and debt. The company is conducting a private placement offering of SEK 67.54 million in subscription receipts, supported by institutional investors and its controlling shareholder, with the offering expected to close on December 18, 2025. Additionally, Baylin has entered into a non-binding term sheet with a Canadian private credit lender for a SEK 208.7 million non-revolving senior loan, secured by a first-priority interest in its assets, with a term of 36 months. The loan proceeds will be used for the cash portion of the Purchase Price and to repay its revolving credit facility with the Royal Bank of Canada. Completion of the Acquisition is subject to customary conditions for an acquisition of this type, including approval of the TSX, the foreign investment authority in Finland (“Finnish Regulatory Approval”) and the shareholders of Baylin. Subject to satisfaction of the conditions, the Acquisition is expected to be completed in the first quarter of 2026. Paradigm Capital Inc. acted as financial advisor for Baylin Technologies Inc. Stifel Financial Corp. acted as financial advisor for Kaelus AB. Snellman Advokatbyrå AB acted as legal advisor for Baylin Technologies Inc. Torys LLP acted as legal advisor for Baylin Technologies Inc. Advokatfirman Vinge KB acted as legal advisor for Kaelus AB.Reported Earnings • Nov 06Third quarter 2025 earnings released: CA$0.007 loss per share (vs CA$0.009 loss in 3Q 2024)Third quarter 2025 results: CA$0.007 loss per share (improved from CA$0.009 loss in 3Q 2024). Revenue: CA$16.8m (down 19% from 3Q 2024). Net loss: CA$1.10m (loss narrowed 22% from 3Q 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Oct 09Baylin Technologies Inc. Announces Successful Major European Carrier Trial of Next-Generation Antenna Technology At A 250,000 Attendee EventBaylin Technologies Inc. announced a strong endorsement from a Tier-1 European carrier who completed live network trials of Galtronics dual-band multibeam antennas in September 2025. This commercially relevant trial again proved company's superior performance in large-scale live events as the carrier covered both 4G and 5G frequencies with company multibeam outperforming the legacy 4G and mMIMO 5G antennas. The event proved to be a complete success with the festival operators, achieving record data traffic of 40 terabytes of data over four days. It is recommended that viewers turn on Close Captioning with Auto Translation to their preferred language if they are not native German speakers. Galtronics multibeam antenna technology is ideal for use in stadiums, at racetracks, festivals and other large indoor and outdoor events. Technically speaking, conventional antennas cover a large area without further differentiation, however, Galtronics dual band multibeam antennas divide the radio cell into independent directional sectors and into different frequency ranges. With the Galtronics solution, significantly more people can surf and stream at the same time with stable data rates, even when hundreds of thousands of people are posting, chatting and live streaming at the same time.お知らせ • Sep 27Baylin Technologies Inc. announced that it has received CAD 2.25 million in funding from 2385796 Ontario Inc.Baylin Technologies Inc announced that it has completed a private placement and issued 90,000 Cumulative Redeemable Retractable Series B Preferred Shares at a price of CAD 25 per share for aggregate gross proceeds of CAD 2,250,000 on September 26, 2025. Dividends are payable on the preferred shares at the rate of 10%. The transaction included participation from 2385796 Ontario Inc.Board Change • Sep 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. President, CEO & Director Leighton Carroll was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Aug 28Baylin Technologies Inc. Announces Demise of Harold M. Wolkin, Vice Chairman of the Board of Directors and Original Member of the BoardBaylin Technologies Inc. announced the passing of Harold M. Wolkin, Vice Chairman of the Board of Directors of the Company and a respected original member of the Board. Mr. Wolkin was highly regarded for his insights and counsel, as well as his significant contributions to the Company. Mr. Wolkin also served as Chairman of the Audit Committee. Mr. Wolkin had a distinguished career commencing in investments at Crown Life Insurance, followed by investment banking with BMO Capital Markets and then with Dundee Capital Markets. He formerly Co-Chaired the Investment Committee of the UJA. He also served on the boards of many public companies and not-for-profit organizations.分析記事 • Aug 27There's No Escaping Baylin Technologies Inc.'s (TSE:BYL) Muted Revenues Despite A 26% Share Price RiseDespite an already strong run, Baylin Technologies Inc. ( TSE:BYL ) shares have been powering on, with a gain of 26% in...Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: CA$0.007 (vs CA$0.001 loss in 2Q 2024)Second quarter 2025 results: EPS: CA$0.007 (up from CA$0.001 loss in 2Q 2024). Revenue: CA$22.5m (up 1.9% from 2Q 2024). Net income: CA$1.00m (up CA$1.13m from 2Q 2024). Profit margin: 4.5% (up from net loss in 2Q 2024). Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.分析記事 • Jul 10Baylin Technologies Inc. (TSE:BYL) Surges 26% Yet Its Low P/S Is No Reason For ExcitementDespite an already strong run, Baylin Technologies Inc. ( TSE:BYL ) shares have been powering on, with a gain of 26% in...Price Target Changed • Jun 02Price target decreased by 13% to CA$0.33Down from CA$0.38, the current price target is an average from 2 analysts. New target price is 33% above last closing price of CA$0.24. Stock is down 13% over the past year. The company posted a net loss per share of CA$0.056 last year.Reported Earnings • May 09First quarter 2025 earnings released: CA$0.013 loss per share (vs CA$0.013 loss in 1Q 2024)First quarter 2025 results: CA$0.013 loss per share (in line with 1Q 2024). Revenue: CA$18.9m (down 5.9% from 1Q 2024). Net loss: CA$2.04m (loss widened 3.5% from 1Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.New Risk • Apr 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-CA$8.5m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$32.6m market cap, or US$23.4m).Reported Earnings • Mar 20Full year 2024 earnings released: CA$0.056 loss per share (vs CA$0.094 loss in FY 2023)Full year 2024 results: CA$0.056 loss per share. Revenue: CA$83.6m (up 14% from FY 2023). Net loss: CA$8.46m (loss widened 3.0% from FY 2023).お知らせ • Mar 04Baylin Technologies Inc., Annual General Meeting, May 08, 2025Baylin Technologies Inc., Annual General Meeting, May 08, 2025.分析記事 • Mar 04Little Excitement Around Baylin Technologies Inc.'s (TSE:BYL) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.5x Baylin Technologies Inc. ( TSE:BYL ) is definitely a...お知らせ • Jan 01Baylin Technologies Announces Chief Financial Officer ChangesBaylin Technologies Inc. announced the appointment of Clifford Gary as its new Chief Financial Officer. Mr. Gary replaces Dan Nohdomi, the former Chief Financial Officer, who is leaving the Company to pursue other opportunities. Mr. Gary is currently the Vice President Finance of the Company. His appointment is effective January 1, 2025.お知らせ • Dec 05Court of Appeal for Ontario Has Dismiss Baylin Technologies Inc. Escrow Fund Appeal CaseBaylin Technologies Inc. announced that the Court of Appeal for Ontario has dismissed the Company's appeal of a decision of the Superior Court of Justice – Ontario (the "Superior Court"), which ordered the Company to return to the escrow agent appointed in connection with the acquisition (the "Acquisition") in January 2018 of the radio frequency and satellite communications business of SpaceBridge Inc. ("SpaceBridge") the amount of approximately $1.8 million, together with interest. In October 2018, as a result of an indemnity claim by the Company in connection with the Acquisition, the Company received a payment from the then escrow agent of approximately $1.8 million pursuant to the terms of an "Escrow Agreement" that also governed the procedure for making indemnity claims against the escrowed funds. In December 2018, SpaceBridge commenced an application in the Superior Court to have the amount repaid to the escrow agent, principally on the equitable ground of relief from forfeiture. Over 3½ years later, in June 2022, SpaceBridge amended its application (the "Amendment") to assert that the Company had failed to comply with the notice provisions of the Escrow Agreement such that its claim against the escrow fund was invalid. In its decision, rendered in July 2023, the Superior Court found that the Company's claim against the escrow fund was not validly delivered in accordance with the notice provisions of the Escrow Agreement. It also rejected the Company's argument that the Amendment was made outside the prescribed limitation period of two years. As a result, the Superior Court ordered the Company to repay $1.8 million, together with pre-judgment interest (at the rate of 1.8% in accordance with the Courts of Justice Act), to the escrow agent. The Company then appealed the decision to the Court of Appeal, which had the effect of staying the Superior Court's order. In its decision, the Court of Appeal dismissed the Company's appeal, upholding the Superior Court's decision ordering the Company to return $1.8 million, together with interest, to the escrow agent.Reported Earnings • Nov 08Third quarter 2024 earnings released: CA$0.009 loss per share (vs CA$0.038 loss in 3Q 2023)Third quarter 2024 results: CA$0.009 loss per share (improved from CA$0.038 loss in 3Q 2023). Revenue: CA$20.7m (down 12% from 3Q 2023). Net loss: CA$1.41m (loss narrowed 58% from 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.分析記事 • Nov 08Investors Still Aren't Entirely Convinced By Baylin Technologies Inc.'s (TSE:BYL) Revenues Despite 26% Price JumpBaylin Technologies Inc. ( TSE:BYL ) shares have continued their recent momentum with a 26% gain in the last month...New Risk • Sep 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Negative equity (-CA$3.7m). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (CA$78.6m market cap, or US$58.4m).分析記事 • Sep 10Baylin Technologies Inc.'s (TSE:BYL) Shares Leap 28% Yet They're Still Not Telling The Full StoryThose holding Baylin Technologies Inc. ( TSE:BYL ) shares would be relieved that the share price has rebounded 28% in...Reported Earnings • Aug 09Second quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.015 loss in 2Q 2023)Second quarter 2024 results: CA$0.001 loss per share (improved from CA$0.015 loss in 2Q 2023). Revenue: CA$22.0m (down 13% from 2Q 2023). Net loss: CA$132.0k (loss narrowed 89% from 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.分析記事 • Jul 12Take Care Before Jumping Onto Baylin Technologies Inc. (TSE:BYL) Even Though It's 26% CheaperBaylin Technologies Inc. ( TSE:BYL ) shareholders won't be pleased to see that the share price has had a very rough...Reported Earnings • May 09First quarter 2024 earnings released: CA$0.013 loss per share (vs CA$0.015 loss in 1Q 2023)First quarter 2024 results: CA$0.013 loss per share. Revenue: CA$20.1m (down 20% from 1Q 2023). Net loss: CA$1.97m (loss widened 69% from 1Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in North America.Reported Earnings • Mar 22Full year 2023 earnings released: CA$0.094 loss per share (vs CA$0.21 loss in FY 2022)Full year 2023 results: CA$0.094 loss per share (improved from CA$0.21 loss in FY 2022). Revenue: CA$73.0m (down 40% from FY 2022). Net loss: CA$8.22m (loss narrowed 51% from FY 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.分析記事 • Mar 09Baylin Technologies Inc. (TSE:BYL) Surges 35% Yet Its Low P/S Is No Reason For ExcitementDespite an already strong run, Baylin Technologies Inc. ( TSE:BYL ) shares have been powering on, with a gain of 35% in...お知らせ • Mar 02Baylin Technologies Inc., Annual General Meeting, May 09, 2024Baylin Technologies Inc., Annual General Meeting, May 09, 2024.New Risk • Feb 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$4.9m). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (88% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$36.2m market cap, or US$26.9m).お知らせ • Dec 30Baylin Technologies Inc. announced that it expects to receive CAD 1.7 million in funding from 2385796 Ontario Inc.Baylin Technologies Inc. announced a private placement to issue up to 68,000 10% Cumulative Redeemable Retractable Series A Preferred Shares at an issue price of CAD 25 per share for the gross proceeds of up to CAD 1,700,000 on December 29, 2023. The transaction will include participation from returning investor 2385796 Ontario Inc. Subject to certain limitations and applicable law, dividends are payable in cash on a monthly basis at an annual rate of CAD 2.50 per share. At any time on and after January 1, 2025, the Company at its option may redeem, and the holder may require the Company to redeem, some or all of the Series A Preferred Shares then outstanding in cash at the Issue Price. On December 31, 2028, the Company is required to redeem all Series A Preferred Shares then outstanding in cash at their Issue Price. The Series A Preferred Shares are non-voting.Recent Insider Transactions Derivative • Dec 29Chairman of the Board exercised options to buy CA$9.6m worth of stock.On the 22nd of December, Jeffrey Royer exercised options to buy 55m shares at a strike price of around CA$0.19, costing a total of CA$10m. This transaction amounted to 100% of their direct individual holding at the time of the trade. Since December 2022, Jeffrey's direct individual holding has increased from 46.63m shares to 54.63m. Company insiders have collectively bought CA$11m more than they sold, via options and on-market transactions, in the last 12 months.New Risk • Dec 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 88% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$4.9m). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (88% increase in shares outstanding). Minor Risk Market cap is less than US$100m (CA$26.4m market cap, or US$20.0m).お知らせ • Dec 22Baylin Technologies Inc. has completed a Follow-on Equity Offering in the amount of CAD 11.815438 million.Baylin Technologies Inc. has completed a Follow-on Equity Offering in the amount of CAD 11.815438 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 62,186,516 Price\Range: CAD 0.19 Transaction Features: Rights Offeringお知らせ • Nov 12Baylin Technologies Inc. has filed a Follow-on Equity Offering.Baylin Technologies Inc. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Transaction Features: Rights Offeringお知らせ • Sep 09Baylin Technologies Appoints Jj Kim, President of Mobile and Network BusinessBaylin Technologies Inc. announced that Mr. JJ Kim has joined its Galtronics Korea subsidiary as President of the Mobile and Network business. The Mobile and Network business line, headquartered in Korea and with production facilities in Vietnam, designs and produces antennas for mobile phones, personal computers, tablets, IoT and wirelessly connected devices. Mr. Kim brings over three decades of experience and relationships in the Korean electronicsecosystem, having been a country manager for several non-Korean western companies over the course of his career. He has a strong track record of success in building businesses, generating and increasing sales revenue, and leading employees to successfully deliver positive results.Reported Earnings • Aug 10Second quarter 2023 earnings released: CA$0.015 loss per share (vs CA$0.054 loss in 2Q 2022)Second quarter 2023 results: CA$0.015 loss per share (improved from CA$0.054 loss in 2Q 2022). Revenue: CA$25.3m (down 16% from 2Q 2022). Net loss: CA$1.24m (loss narrowed 71% from 2Q 2022). Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.お知らせ • Jul 26Baylin Technologies Inc. Announces the Launch of A New Ka-Band Amplifier FamilyBaylin Technologies Inc. announced that its Advantech subsidiary has launched a new family of Ka-band Solid State Power Amplifiers (SSPA). Badged as K-2 Series, Advantech's new line of Ka-band SSPAs and SSPBs are based on a novel, ground-up design that employs the latest in Gallium Nitride (GaN) device technology to deliver the highest RF performance of any amplifier in its class. The K-2 is based on the recently launched Genesis architecture and represents another advancement in high-performance RF products from Advantech for the satellite communications industry. Initially released in 40W and 80W variants, higher power products are on the near-term roadmap. The Ka-band is the portion of the electromagnetic spectrum that covers frequencies between 26.5 to 40 gigahertz (GHz) with wavelengths ranging from 1 centimeter down to 7.5 millimeters. In satellite communications, the Ka-band allows for higher bandwidth communications and is currently used in GEO, LEO and MEO applications.お知らせ • May 28Baylin Technologies Inc. announced that it has received CAD 4 million in funding from 2385796 Ontario Inc.On May 26, 2023, Baylin Technologies Inc. closed the transaction. 2385796 Ontario Inc. hold approximately 61.8% of the outstanding common shares of the companyPrice Target Changed • May 12Price target decreased by 19% to CA$0.55Down from CA$0.68, the current price target is an average from 2 analysts. New target price is 47% above last closing price of CA$0.38. Stock is down 36% over the past year. The company is forecast to post a net loss per share of CA$0.17 next year compared to a net loss per share of CA$0.21 last year.お知らせ • May 11Baylin Technologies Inc. announced that it expects to receive CAD 4 million in funding from 2385796 Ontario Inc.Baylin Technologies Inc. announced a private placement to issue up to 8,000,000 common shares at an issue price of CAD 0.50 per share for the gross proceeds of up to CAD 4,000,000 on May 10, 2023. The transaction will include participation from returning investor 2385796 Ontario Inc. for 8,000,000 shares. The common shares will be issued at a price based on the 5-day volume-weighted average trading price of the common shares on the Toronto Stock Exchange (TSX). Subject to TSX approval, the transaction is expected to close around May 22, 2023. Assuming the private placement results in the issuance of 8,000,000 common shares, the investor and a related party would then hold approximately 61.80% of the company's outstanding common shares.分析記事 • Apr 17Baylin Technologies Inc.'s (TSE:BYL) Price Is Right But Growth Is Lacking After Shares Rocket 35%Baylin Technologies Inc. ( TSE:BYL ) shareholders would be excited to see that the share price has had a great month...Reported Earnings • Mar 10Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: CA$0.21 loss per share (improved from CA$1.09 loss in FY 2021). Revenue: CA$120.9m (up 18% from FY 2021). Net loss: CA$16.9m (loss narrowed 75% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.分析記事 • Dec 15Does Baylin Technologies (TSE:BYL) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Dec 01Baylin Technologies Inc. Announces Management ChangesBaylin Technologies Inc. announced the retirement of Mike Moon, President of the Asia Pacific business unit, effective November 30, 2022. Mr. Moon has led Galtronics Mobile sales, engineering, and manufacturing operations from its base in Korea since 2014. He has also been responsible for all Vietnamese operations. The Company also announced that Mr. Denis Lee, who has worked within the Asia Pacific business since 2004, and most recently served as the Vice President and General Manager of Galtronics Vietnam, has been promoted to the role of Senior Vice President and Head of Mobile/Network. Mr. Lee will be instrumental in creating new opportunities and driving efficiencies for the Mobile business. Finally, the company is also pleased to announce the promotion of Mr. Mark Waddell to Senior Vice President of Galtronics Global Manufacturing. Mr. Waddell has led the manufacturing operations in China for Galtronics and will work with Mr. Kim in coordinating operations across the Asia Pacific region for both internal and outsourced manufacturing and supply chain.Price Target Changed • Nov 16Price target decreased to CA$0.68Down from CA$0.97, the current price target is an average from 2 analysts. New target price is 105% above last closing price of CA$0.33. Stock is down 60% over the past year. The company is forecast to post a net loss per share of CA$0.20 next year compared to a net loss per share of CA$1.09 last year.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Bejoy Pankajakshan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 11Third quarter 2022 earnings released: CA$0.061 loss per share (vs CA$0.074 loss in 3Q 2021)Third quarter 2022 results: CA$0.061 loss per share (improved from CA$0.074 loss in 3Q 2021). Revenue: CA$30.0m (flat on 3Q 2021). Net loss: CA$4.86m (flat on 3Q 2021). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 11Baylin Technologies Inc. Provides Earnings Guidance for the Fourth Quarter of 2022Baylin Technologies Inc. provided revenue guidance for the fourth quarter of 2022. The company expects the fourth quarter of 2022 to continue to see challenges in further revenue and Adjusted EBITDA growth.お知らせ • Sep 23Baylin Technologies Subsidiary, Galtronics USA, Expands Its Multibeam Antenna PortfolioBaylin Technologies Inc. announced that its Galtronics USA subsidiary has expanded its multibeam antenna portfolio with the addition of three new products. The new antenna products build on Galtronics first multibeam antenna, which has been successfully deployed by a Tier 1 US carrier throughout the United States over the past 18 months. The new products cover multiple spectrum bands, enabling Galtronics to sell to all major US and Canadian wireless carriers. Galtronics' proprietary multibeam technology overcomes legacy issues which have previously prevented widespread adoption of multibeam antenna technology. The three new antenna productsall utilize patent pending beam-tracking stability technology, which make them ideal solutions for stadium, venue, and special event deployments. The Galtronics multibeam portfolio offers superior performance to legacy panel-based multibeam antennas and facilitates deployment in environments where previously only costly lens-based solutions could be utilized.Price Target Changed • Aug 11Price target decreased to CA$0.95Down from CA$1.13, the current price target is an average from 2 analysts. New target price is 121% above last closing price of CA$0.43. Stock is down 52% over the past year. The company is forecast to post a net loss per share of CA$0.23 next year compared to a net loss per share of CA$1.09 last year.Reported Earnings • Aug 11Second quarter 2022 earnings released: CA$0.054 loss per share (vs CA$0.64 loss in 2Q 2021)Second quarter 2022 results: CA$0.054 loss per share (up from CA$0.64 loss in 2Q 2021). Revenue: CA$30.1m (up 39% from 2Q 2021). Net loss: CA$4.31m (loss narrowed 87% from 2Q 2021). Over the next year, revenue is forecast to grow 4.5%, compared to a 17% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 11+ 1 more updateBaylin Technologies Inc. Provides Financial Guidance for the Second Half of 2022Baylin Technologies Inc. provided financial guidance for the second half of 2022. The company expects second half of 2022 will be similar in revenue to the first half of 2022.分析記事 • Jul 04Is Baylin Technologies (TSE:BYL) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Janice Davis was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 13First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CA$0.038 loss per share (up from CA$0.17 loss in 1Q 2021). Revenue: CA$31.0m (up 32% from 1Q 2021). Net loss: CA$3.07m (loss narrowed 64% from 1Q 2021). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 38%. Over the next year, revenue is forecast to grow 8.2%, compared to a 19% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 45% per year, which means it has not declined as severely as earnings.お知らせ • May 12Baylin Technologies Inc. Provides Revenue Guidance for the Year 2022Baylin Technologies Inc. provided revenue guidance for the year 2022. Despite improved financial performance in the first quarter of 2022, the Company's business continues to face challenges brought about by the COVID-19 pandemic, in particular material shortages and increased material costs due to supply chain disruptions, which are causing delays in both productions and deliveries of products as well as push-outs of orders from customers. Although the company expects these disruptions will begin to ease over the second half of 2022, the possibility remains that the ongoing war in Ukraine and COVID-related lockdowns in China could exacerbate supply chain disruptions in the near term. Despite these continuing challenges, the company continue to expect that 2022 will show improvements in revenue over 2021.Reported Earnings • Mar 11Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: CA$1.09 loss per share (down from CA$0.41 loss in FY 2020). Revenue: CA$102.5m (down 14% from FY 2020). Net loss: CA$67.4m (loss widened 298% from FY 2020). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 38%. Over the next year, revenue is forecast to grow 23%, compared to a 33% growth forecast for the industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 25 percentage points per year, which is a significant difference in performance.お知らせ • Mar 06Baylin Technologies Inc., Annual General Meeting, May 12, 2022Baylin Technologies Inc., Annual General Meeting, May 12, 2022.Reported Earnings • Nov 12Third quarter 2021 earnings released: CA$0.074 loss per share (vs CA$0.009 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CA$30.2m (down 17% from 3Q 2020). Net loss: CA$4.90m (loss widened CA$4.53m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 13Second quarter 2021 earnings released: CA$0.64 loss per share (vs CA$0.12 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CA$21.6m (down 29% from 2Q 2020). Net loss: CA$33.9m (loss widened CA$29.2m from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance.お知らせ • Aug 12Baylin Technologies Inc. announced that it expects to receive CAD 10.0008 million in fundingBaylin Technologies Inc. announced that it has entered into an engagement letter with Paradigm Capital Inc. for a best efforts private placement of 11,112,000 common shares at a price of CAD 0.90 per common share for gross proceeds of CAD 10,000,800 on August 11, 2021. The company has granted the placement agents an option to sell up to an additional 15% of the number of common shares offered pursuant to the base offering to cover over-allotments. As part of the transaction, the company has entered into a separate agreement with 2385796 Ontario Inc. under which 2385796 Ontario Inc. has agreed to support the transaction by agreeing to purchase common shares with a purchase price equal to the lesser of CAD 10,000,000 million subject to increase by the amount of the over-allotment option and the difference between the full amount of the transaction and the aggregate purchase price paid by all other investors in the transaction. The transaction has been approved by the board of the company. The transaction is subject to regulatory approvals and customary closing conditions, including listing of the common shares on the Toronto Stock Exchange. All securities are subject to a statutory hold period of four months and a day from the date of closing. The transaction is expected to close on or about September 1, 2021.Executive Departure • Jun 24President, CEO & Director Randy Dewey has left the companyOn the 21st of June, Randy Dewey's tenure as President, CEO & Director of the company ended after 6.2 years in the role. As of March 2021, Randy still personally held 403.42k shares (CA$533k worth at the time). Randy is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.83 years. Under Randy's leadership, the company delivered a total shareholder return of -60%.Executive Departure • Jun 23President, CEO & Director Randy Dewey has left the companyOn the 21st of June, Randy Dewey's tenure as President, CEO & Director of the company ended after 6.2 years in the role. As of March 2021, Randy still personally held 403.42k shares (CA$533k worth at the time). Randy is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.83 years. Under Randy's leadership, the company delivered a total shareholder return of -60%.Recent Insider Transactions Derivative • Jun 23Chairman of the Board exercised options to buy CA$8.5m worth of stock.On the 18th of June, Jeffrey Royer exercised options to buy 8m shares at a strike price of around CA$1.11, costing a total of CA$8.7m. This transaction amounted to 35% of their direct individual holding at the time of the trade. Since June 2020, Jeffrey's direct individual holding has increased from 20.02m shares to 21.57m. Company insiders have collectively bought CA$9.6m more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions Derivative • May 21President exercised options to buy CA$59k worth of stock.On the 13th of May, Randy Dewey exercised options to buy 55k shares at a strike price of around CA$1.10, costing a total of CA$61k. This transaction amounted to 14% of their direct individual holding at the time of the trade. Since June 2020, Randy's direct individual holding has increased from 217.04k shares to 403.42k. Company insiders have collectively bought CA$987k more than they sold, via options and on-market transactions, in the last 12 months.Price Target Changed • May 13Price target decreased to CA$1.32Down from CA$1.65, the current price target is an average from 3 analysts. New target price is 18% above last closing price of CA$1.12. Stock is up 1.8% over the past year.Reported Earnings • May 13First quarter 2021 earnings released: CA$0.17 loss per share (vs CA$0.061 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CA$23.5m (down 13% from 1Q 2020). Net loss: CA$8.46m (loss widened 244% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.お知らせ • May 12Baylin Technologies Inc. Provides Earnings Guidance for Quarter-Over-Quarter of 2021Baylin Technologies Inc. provided earnings guidance for quarter-over-quarter of 2021. Although COVID-19 had a negative impact on financial results in the first quarter of 2021, the company remain optimistic that financial results will improve quarter-over-quarter (subject to seasonal variations) for the remainder of 2021.分析記事 • May 04We Think Baylin Technologies Inc.'s (TSE:BYL) CEO Compensation Package Needs To Be Put Under A MicroscopeShareholders will probably not be too impressed with the underwhelming results at Baylin Technologies Inc. ( TSE:BYL...お知らせ • Apr 28Baylin Technologies Announces Approval of Macro Base Station Antennas for 5G by Tier 1 CarrierBaylin Technologies Inc. announced the approval of two new base station antennas by a major Tier 1 US carrier for use in its 5G macro deployments. The antennas are designed by Galtronics USA, Baylin's subsidiary. The Regional Procurement Advantage: Today's announcement marks a significant achievement for Baylin Technologies. Telecom carriers often procure equipment at the regional level by selecting technologies approved at the corporate level for technical specifications and pricing suitability. Having received corporate approval, the Galtronics base station antennas can now be purchased by regional markets working to build or maintain their networks. Two Approved Galtronics Base Station Antennas: The two approved Galtronics base station antennas include an 8-port 5G antenna and a 20-port 4G/5G antenna. The 8-port base station antenna is a C-band 5G antenna with 8T8R azimuth beamforming. This type of base station antenna and 8T8R radio maintains the very high-performance standard required for an effective 5G roll-out and is a lower-cost alternative (CAPEX and OPEX) to full 32T32R or 64T64R Massive MIMO solutions. The second approved antenna — a 20-port, 8' base station model — supports all North American mid-band frequencies on eight of its ports, true 4x4 MIMO on existing Cellular 850 and LTE 700 bands and includes the 8-ports of C-band with azimuth beamforming capabilities required for 5G deployment. This base station antenna is also designed in the same footprint as the conventional 4G counterparts, with superior performance plus added C-band Massive MIMO coverage using Galtronics' patent pending technology. Galtronics recently announced the successful roll-out of its multibeam antenna line, which is also designed for macro networks. The multibeams are most often used in niche traffic-dense scenarios, while these two newly-approved base station antennas have been developed for broad use across much of North America.分析記事 • Apr 28Would Baylin Technologies (TSE:BYL) Be Better Off With Less Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Recent Insider Transactions Derivative • Mar 18Chairman of the Board exercised options to buy CA$793k worth of stock.On the 11th of March, Jeffrey Royer exercised options to buy 667k shares at a strike price of around CA$1.05, costing a total of CA$700k. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. Since June 2020, Jeffrey's direct individual holding has increased from 20.02m shares to 22.54m. Company insiders have collectively bought CA$810k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Mar 13Baylin Technologies Inc., Annual General Meeting, May 11, 2021Baylin Technologies Inc., Annual General Meeting, May 11, 2021.Analyst Estimate Surprise Post Earnings • Mar 13Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 3.8%. Earnings per share (EPS) exceeded analyst estimates by 91%. Over the next year, revenue is forecast to grow 8.6%, compared to a 5.7% growth forecast for the Electronic industry in Canada.お知らせ • Mar 12Michael Wolfe to Leave His Position as Baylin Technologies Inc.'s Chief Financial OfficerBaylin Technologies Inc. announced that Michael Wolfe, the Company's Chief Financial Officer, will be leaving the Company to pursue other opportunities. He will remain in his current role for the time being in order to ensure an orderly transition of his responsibilities.Reported Earnings • Mar 12Full year 2020 earnings released: CA$0.41 loss per share (vs CA$0.49 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CA$119.7m (down 22% from FY 2019). Net loss: CA$16.9m (loss narrowed 14% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.分析記事 • Feb 15Are Insiders Buying Baylin Technologies Inc. (TSE:BYL) Stock?We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...お知らせ • Feb 09Baylin Technologies Inc. Announces Favorable Court of Appeal RulingBaylin Technologies Inc. announced that the Ontario Court of Appeal recently upheld the Company's appeal of a lower court ruling related to a dispute with Mr. David Gelerman, a former director of the Company. The dispute principally involved allegations of oppressive conduct on the part of the Company and its board of directors towards Mr. Gelerman in relation to the Company's majority voting policy, which was approved in advance of the Company's annual meeting of shareholders in 2019. The Court of Appeal ruled in the Company's favour on all aspects of the appeal. The Court found that there was no oppressive conduct on the part of the Company or its directors. The Company's majority voting policy, which was approved by all the directors, including Mr. Gelerman, did not unfairly disregard or prejudice his reasonable expectations of remaining as a director. Under the policy, a director, such as Mr. Gelerman, who received more withheld votes than votes in favour of election at an annual meeting of shareholders was required to submit their resignation to the Company, which Mr. Gelerman refused to do. Specifically, the Court of Appeal declared that (i) the Company's majority voting policy was in accordance with the Toronto Stock Exchange's requirements and that it remained in force the lower court had set it aside - and (ii) Mr. Gelerman was required to have submitted his resignation to the Company's board of directors for consideration after the 2019 annual meeting. Separately, the Court of Appeal also ruled that the Company is entitled to set-off common shares payable to SpaceBridge Inc., a company controlled by Mr. Gelerman, against claims by the Company against SpaceBridge. The Court also awarded costs in favour of the Company.Is New 90 Day High Low • Feb 05New 90-day high: CA$1.84The company is up 94% from its price of CA$0.95 on 06 November 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 51% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$2.90 per share.Price Target Changed • Feb 04Price target raised to CA$1.65Up from CA$1.47, the current price target is an average from 3 analysts. The new target price is close to the current share price of CA$1.63. As of last close, the stock is down 13% over the past year.分析記事 • Jan 20Is Baylin Technologies Inc. (TSE:BYL) Trading At A 48% Discount?Today we will run through one way of estimating the intrinsic value of Baylin Technologies Inc. ( TSE:BYL ) by taking...Is New 90 Day High Low • Jan 14New 90-day high: CA$1.12The company is up 18% from its price of CA$0.95 on 15 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$2.27 per share.Is New 90 Day High Low • Dec 02New 90-day low: CA$0.79The company is down 5.0% from its price of CA$0.83 on 03 September 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$2.22 per share.お知らせ • Nov 26Baylin Technologies Inc. announced that it expects to receive CAD 5.000025 million in fundingBaylin Technologies Inc. (TSX:BYL) announced that it has entered into an agreement with Paradigm Capital Inc. for a best efforts private placement of 6,666,700 units at a price of CAD 0.75 for gross proceeds of CAD 5,000,025 on November 24, 2020. Each unit will consists of one common share and one common share purchase warrant. Each warrant is exercisable into one common share at a price of CAD 1.05 per share for a period of 24 months following the closing. If at any time following the closing date, the closing price of the common chares is equal or higher than $1.40 per common share for ten consecutive trading days, the company may notify the holders of the warrants that the warrants will expire 30 days following the notice. The transaction is subject to regulatory approvals and customary closing conditions, including listing of the Common Shares on the Toronto Stock Exchange. All securities are subject to a statutory hold period of four months and a day from the date of closing. The transaction is expected to close on or about December 15, 2020.分析記事 • Nov 24How Much Is Baylin Technologies Inc. (TSE:BYL) Paying Its CEO?Randy Dewey became the CEO of Baylin Technologies Inc. (TSE:BYL) in 2015, and we think it's a good time to look at the...Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 16% while the growth in Electronic industry in Canada is expected to stay flat.Reported Earnings • Nov 13Third quarter 2020 earnings released: CA$0.009 loss per shareThe company reported a solid third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2020 results: Revenue: CA$36.6m (flat on 3Q 2019). Net loss: CA$365.0k (loss narrowed 49% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.Price Target Changed • Nov 05Price target lowered to CA$1.50Down from CA$1.65, the current price target is an average from 4 analysts. The new target price is 58% above the current share price of CA$0.95. As of last close, the stock is down 54% over the past year.お知らせ • Nov 04Baylin Technologies Inc. to Report Q3, 2020 Results on Nov 12, 2020Baylin Technologies Inc. announced that they will report Q3, 2020 results at 11:06 PM, GMT Standard Time on Nov 12, 2020株主還元BYLCA ElectronicCA 市場7D7.7%5.4%1.4%1Y27.3%207.4%31.6%株主還元を見る業界別リターン: BYL過去 1 年間で207.4 % の収益を上げたCanadian Electronic業界を下回りました。リターン対市場: BYLは、過去 1 年間で31.6 % のリターンを上げたCanadian市場を下回りました。価格変動Is BYL's price volatile compared to industry and market?BYL volatilityBYL Average Weekly Movement8.7%Electronic Industry Average Movement10.8%Market Average Movement10.1%10% most volatile stocks in CA Market17.5%10% least volatile stocks in CA Market3.7%安定した株価: BYL 、 Canadian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: BYLの 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1978n/aLeighton Carrollwww.baylintech.comベイリン・テクノロジーズ・インク（Baylin Technologies Inc.）は、子会社とともに、パッシブおよびアクティブ無線周波数（RF）製品、衛星通信製品、サポートサービスの研究、設計、開発、製造、販売を行っている。同社は、Wi-Fiルーター、ゲートウェイ、セットトップボックス、5G製品、陸上移動無線製品、携帯電話、パソコン、タブレットに使用される組み込みアンテナを提供している。また、GaNベースパワーアンプ、ガリウムヒ素ベースパワーアンプ、屋内外周波数コンバータ、トランシーバーなどのRFコンポーネントや、放送、海運・客船、政府・軍事、国土安全保障、衛星直行便、石油・ガス、無線通信の各分野の顧客向けにアンテナコントローラーも提供している。さらに、RFおよびマイクロ波ソリッドステートパワーアンプ、レーダーアプリケーション用パルスアンプ、トランスミッターおよびトランシーバー製品、RFパッシブコンポーネントおよびシステムも提供している。は1978 年に設立され、カナダのトロントに本社を置いている。Baylin Technologies Inc.は2385796 Ontario Inc.の子会社として運営されている。もっと見るBaylin Technologies Inc. 基礎のまとめBaylin Technologies の収益と売上を時価総額と比較するとどうか。BYL 基礎統計学時価総額CA$42.75m収益（TTM）-CA$4.95m売上高(TTM)CA$73.51m0.6xP/Sレシオ-8.6xPER（株価収益率BYL は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計BYL 損益計算書（TTM）収益CA$73.51m売上原価CA$40.75m売上総利益CA$32.76mその他の費用CA$37.71m収益-CA$4.95m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.032グロス・マージン44.57%純利益率-6.74%有利子負債／自己資本比率-180.2%BYL の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/15 22:20終値2026/06/15 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Baylin Technologies Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Gavin FairweatherATB Cormark Historical (Cormark Securities)Richard TseNational Bank FinancialAndrew McGeeNational Bank Financial2 その他のアナリストを表示
Reported Earnings • May 15First quarter 2026 earnings released: CA$0.015 loss per share (vs CA$0.013 loss in 1Q 2025)First quarter 2026 results: CA$0.015 loss per share (further deteriorated from CA$0.013 loss in 1Q 2025). Revenue: CA$16.1m (down 15% from 1Q 2025). Net loss: CA$2.32m (loss widened 14% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
New Risk • May 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Negative equity (-CA$13m). Minor Risk Market cap is less than US$100m (CA$35.1m market cap, or US$25.6m).
お知らせ • Apr 12Baylin Technologies Inc Settles Litigation with SpaceBridge IncBaylin Technologies Inc. announced that it has settled its long-running litigation with SpaceBridge Inc. over claims arising out of the Company's acquisition of Advantech Wireless Technologies in January 2018. The settlement is being funded by payments to the parties out of the escrow fund established in connection with the acquisition. Baylin will be receiving cash from the escrow as part of the settlement.
Reported Earnings • Mar 27Full year 2025 earnings released: CA$0.031 loss per share (vs CA$0.056 loss in FY 2024)Full year 2025 results: CA$0.031 loss per share (improved from CA$0.056 loss in FY 2024). Revenue: CA$76.3m (down 8.7% from FY 2024). Net loss: CA$4.67m (loss narrowed 45% from FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Mar 10Baylin Technologies Inc., Annual General Meeting, May 14, 2026Baylin Technologies Inc., Annual General Meeting, May 14, 2026.
お知らせ • Dec 19Baylin Technologies Inc. announced that it has received CAD 10.3125 million in funding from 2385796 Ontario Inc.On December 18, 2025, Baylin Technologies Inc. closed the transaction. The company issued 41,250,000 subscription receipts at a price of CAD 0.25 per subscription receipt for gross proceeds of CAD 10,312,500. The transaction included participation from the a group of new institutional investors and Company’s controlling shareholder and returning investor, 2385796 Ontario Inc. for15,000,000 of the subscription receipts on the same terms as arm’s length purchasers at a price of CAD 0.25 per subscription receipt for an aggregate subscription price of CAD 3,750,000. The common shares underlying the subscription receipts acquired by the controlling shareholder represent approximately 9.8% of the currently issued and outstanding common shares of the Company. Each subscription receipt will entitle the holder to receive one common share of the Company upon closing of the Acquisition and satisfaction of certain other conditions (collectively, the “Escrow Release Conditions”). The subscription by the controlling shareholder has been approved by the Board of Directors of the Company, the issuance of the Company’s common shares underlying the subscription receipts issued today, is subject to customary conditions for an acquisition of this type, including approval of the Toronto Stock Exchange (“TSX”), the foreign investment authority in Finland and the shareholders of the Company.
Reported Earnings • May 15First quarter 2026 earnings released: CA$0.015 loss per share (vs CA$0.013 loss in 1Q 2025)First quarter 2026 results: CA$0.015 loss per share (further deteriorated from CA$0.013 loss in 1Q 2025). Revenue: CA$16.1m (down 15% from 1Q 2025). Net loss: CA$2.32m (loss widened 14% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
New Risk • May 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Negative equity (-CA$13m). Minor Risk Market cap is less than US$100m (CA$35.1m market cap, or US$25.6m).
お知らせ • Apr 12Baylin Technologies Inc Settles Litigation with SpaceBridge IncBaylin Technologies Inc. announced that it has settled its long-running litigation with SpaceBridge Inc. over claims arising out of the Company's acquisition of Advantech Wireless Technologies in January 2018. The settlement is being funded by payments to the parties out of the escrow fund established in connection with the acquisition. Baylin will be receiving cash from the escrow as part of the settlement.
Reported Earnings • Mar 27Full year 2025 earnings released: CA$0.031 loss per share (vs CA$0.056 loss in FY 2024)Full year 2025 results: CA$0.031 loss per share (improved from CA$0.056 loss in FY 2024). Revenue: CA$76.3m (down 8.7% from FY 2024). Net loss: CA$4.67m (loss narrowed 45% from FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Mar 10Baylin Technologies Inc., Annual General Meeting, May 14, 2026Baylin Technologies Inc., Annual General Meeting, May 14, 2026.
お知らせ • Dec 19Baylin Technologies Inc. announced that it has received CAD 10.3125 million in funding from 2385796 Ontario Inc.On December 18, 2025, Baylin Technologies Inc. closed the transaction. The company issued 41,250,000 subscription receipts at a price of CAD 0.25 per subscription receipt for gross proceeds of CAD 10,312,500. The transaction included participation from the a group of new institutional investors and Company’s controlling shareholder and returning investor, 2385796 Ontario Inc. for15,000,000 of the subscription receipts on the same terms as arm’s length purchasers at a price of CAD 0.25 per subscription receipt for an aggregate subscription price of CAD 3,750,000. The common shares underlying the subscription receipts acquired by the controlling shareholder represent approximately 9.8% of the currently issued and outstanding common shares of the Company. Each subscription receipt will entitle the holder to receive one common share of the Company upon closing of the Acquisition and satisfaction of certain other conditions (collectively, the “Escrow Release Conditions”). The subscription by the controlling shareholder has been approved by the Board of Directors of the Company, the issuance of the Company’s common shares underlying the subscription receipts issued today, is subject to customary conditions for an acquisition of this type, including approval of the Toronto Stock Exchange (“TSX”), the foreign investment authority in Finland and the shareholders of the Company.
お知らせ • Dec 02Baylin Technologies Inc. (TSX:BYL) entered into a definitive agreement to acquire Kaelus AB for approximately SEK 290 million.Baylin Technologies Inc. (TSX:BYL) entered into a definitive agreement to acquire Kaelus AB for approximately SEK 290 million on December 1, 2025. The consideration consists of of approximately SEK 285 million or approximately CAD 42 million (subject to adjustment and net of excess cash). The purchase price will be satisfied in a combination of cash and common shares of Baylin. The Purchase Price is anticipated to be satisfied through the payment of SEK 175.6 million in cash and the issuance of approximately 52.2 million Common Shares of Baylin. Baylin is funding the cash portion of its Purchase Price through a mix of equity and debt. The company is conducting a private placement offering of SEK 67.54 million in subscription receipts, supported by institutional investors and its controlling shareholder, with the offering expected to close on December 18, 2025. Additionally, Baylin has entered into a non-binding term sheet with a Canadian private credit lender for a SEK 208.7 million non-revolving senior loan, secured by a first-priority interest in its assets, with a term of 36 months. The loan proceeds will be used for the cash portion of the Purchase Price and to repay its revolving credit facility with the Royal Bank of Canada. Completion of the Acquisition is subject to customary conditions for an acquisition of this type, including approval of the TSX, the foreign investment authority in Finland (“Finnish Regulatory Approval”) and the shareholders of Baylin. Subject to satisfaction of the conditions, the Acquisition is expected to be completed in the first quarter of 2026. Paradigm Capital Inc. acted as financial advisor for Baylin Technologies Inc. Stifel Financial Corp. acted as financial advisor for Kaelus AB. Snellman Advokatbyrå AB acted as legal advisor for Baylin Technologies Inc. Torys LLP acted as legal advisor for Baylin Technologies Inc. Advokatfirman Vinge KB acted as legal advisor for Kaelus AB.
Reported Earnings • Nov 06Third quarter 2025 earnings released: CA$0.007 loss per share (vs CA$0.009 loss in 3Q 2024)Third quarter 2025 results: CA$0.007 loss per share (improved from CA$0.009 loss in 3Q 2024). Revenue: CA$16.8m (down 19% from 3Q 2024). Net loss: CA$1.10m (loss narrowed 22% from 3Q 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Oct 09Baylin Technologies Inc. Announces Successful Major European Carrier Trial of Next-Generation Antenna Technology At A 250,000 Attendee EventBaylin Technologies Inc. announced a strong endorsement from a Tier-1 European carrier who completed live network trials of Galtronics dual-band multibeam antennas in September 2025. This commercially relevant trial again proved company's superior performance in large-scale live events as the carrier covered both 4G and 5G frequencies with company multibeam outperforming the legacy 4G and mMIMO 5G antennas. The event proved to be a complete success with the festival operators, achieving record data traffic of 40 terabytes of data over four days. It is recommended that viewers turn on Close Captioning with Auto Translation to their preferred language if they are not native German speakers. Galtronics multibeam antenna technology is ideal for use in stadiums, at racetracks, festivals and other large indoor and outdoor events. Technically speaking, conventional antennas cover a large area without further differentiation, however, Galtronics dual band multibeam antennas divide the radio cell into independent directional sectors and into different frequency ranges. With the Galtronics solution, significantly more people can surf and stream at the same time with stable data rates, even when hundreds of thousands of people are posting, chatting and live streaming at the same time.
お知らせ • Sep 27Baylin Technologies Inc. announced that it has received CAD 2.25 million in funding from 2385796 Ontario Inc.Baylin Technologies Inc announced that it has completed a private placement and issued 90,000 Cumulative Redeemable Retractable Series B Preferred Shares at a price of CAD 25 per share for aggregate gross proceeds of CAD 2,250,000 on September 26, 2025. Dividends are payable on the preferred shares at the rate of 10%. The transaction included participation from 2385796 Ontario Inc.
Board Change • Sep 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. President, CEO & Director Leighton Carroll was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 28Baylin Technologies Inc. Announces Demise of Harold M. Wolkin, Vice Chairman of the Board of Directors and Original Member of the BoardBaylin Technologies Inc. announced the passing of Harold M. Wolkin, Vice Chairman of the Board of Directors of the Company and a respected original member of the Board. Mr. Wolkin was highly regarded for his insights and counsel, as well as his significant contributions to the Company. Mr. Wolkin also served as Chairman of the Audit Committee. Mr. Wolkin had a distinguished career commencing in investments at Crown Life Insurance, followed by investment banking with BMO Capital Markets and then with Dundee Capital Markets. He formerly Co-Chaired the Investment Committee of the UJA. He also served on the boards of many public companies and not-for-profit organizations.
分析記事 • Aug 27There's No Escaping Baylin Technologies Inc.'s (TSE:BYL) Muted Revenues Despite A 26% Share Price RiseDespite an already strong run, Baylin Technologies Inc. ( TSE:BYL ) shares have been powering on, with a gain of 26% in...
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: CA$0.007 (vs CA$0.001 loss in 2Q 2024)Second quarter 2025 results: EPS: CA$0.007 (up from CA$0.001 loss in 2Q 2024). Revenue: CA$22.5m (up 1.9% from 2Q 2024). Net income: CA$1.00m (up CA$1.13m from 2Q 2024). Profit margin: 4.5% (up from net loss in 2Q 2024). Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
分析記事 • Jul 10Baylin Technologies Inc. (TSE:BYL) Surges 26% Yet Its Low P/S Is No Reason For ExcitementDespite an already strong run, Baylin Technologies Inc. ( TSE:BYL ) shares have been powering on, with a gain of 26% in...
Price Target Changed • Jun 02Price target decreased by 13% to CA$0.33Down from CA$0.38, the current price target is an average from 2 analysts. New target price is 33% above last closing price of CA$0.24. Stock is down 13% over the past year. The company posted a net loss per share of CA$0.056 last year.
Reported Earnings • May 09First quarter 2025 earnings released: CA$0.013 loss per share (vs CA$0.013 loss in 1Q 2024)First quarter 2025 results: CA$0.013 loss per share (in line with 1Q 2024). Revenue: CA$18.9m (down 5.9% from 1Q 2024). Net loss: CA$2.04m (loss widened 3.5% from 1Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
New Risk • Apr 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-CA$8.5m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$32.6m market cap, or US$23.4m).
Reported Earnings • Mar 20Full year 2024 earnings released: CA$0.056 loss per share (vs CA$0.094 loss in FY 2023)Full year 2024 results: CA$0.056 loss per share. Revenue: CA$83.6m (up 14% from FY 2023). Net loss: CA$8.46m (loss widened 3.0% from FY 2023).
お知らせ • Mar 04Baylin Technologies Inc., Annual General Meeting, May 08, 2025Baylin Technologies Inc., Annual General Meeting, May 08, 2025.
分析記事 • Mar 04Little Excitement Around Baylin Technologies Inc.'s (TSE:BYL) RevenuesYou may think that with a price-to-sales (or "P/S") ratio of 0.5x Baylin Technologies Inc. ( TSE:BYL ) is definitely a...
お知らせ • Jan 01Baylin Technologies Announces Chief Financial Officer ChangesBaylin Technologies Inc. announced the appointment of Clifford Gary as its new Chief Financial Officer. Mr. Gary replaces Dan Nohdomi, the former Chief Financial Officer, who is leaving the Company to pursue other opportunities. Mr. Gary is currently the Vice President Finance of the Company. His appointment is effective January 1, 2025.
お知らせ • Dec 05Court of Appeal for Ontario Has Dismiss Baylin Technologies Inc. Escrow Fund Appeal CaseBaylin Technologies Inc. announced that the Court of Appeal for Ontario has dismissed the Company's appeal of a decision of the Superior Court of Justice – Ontario (the "Superior Court"), which ordered the Company to return to the escrow agent appointed in connection with the acquisition (the "Acquisition") in January 2018 of the radio frequency and satellite communications business of SpaceBridge Inc. ("SpaceBridge") the amount of approximately $1.8 million, together with interest. In October 2018, as a result of an indemnity claim by the Company in connection with the Acquisition, the Company received a payment from the then escrow agent of approximately $1.8 million pursuant to the terms of an "Escrow Agreement" that also governed the procedure for making indemnity claims against the escrowed funds. In December 2018, SpaceBridge commenced an application in the Superior Court to have the amount repaid to the escrow agent, principally on the equitable ground of relief from forfeiture. Over 3½ years later, in June 2022, SpaceBridge amended its application (the "Amendment") to assert that the Company had failed to comply with the notice provisions of the Escrow Agreement such that its claim against the escrow fund was invalid. In its decision, rendered in July 2023, the Superior Court found that the Company's claim against the escrow fund was not validly delivered in accordance with the notice provisions of the Escrow Agreement. It also rejected the Company's argument that the Amendment was made outside the prescribed limitation period of two years. As a result, the Superior Court ordered the Company to repay $1.8 million, together with pre-judgment interest (at the rate of 1.8% in accordance with the Courts of Justice Act), to the escrow agent. The Company then appealed the decision to the Court of Appeal, which had the effect of staying the Superior Court's order. In its decision, the Court of Appeal dismissed the Company's appeal, upholding the Superior Court's decision ordering the Company to return $1.8 million, together with interest, to the escrow agent.
Reported Earnings • Nov 08Third quarter 2024 earnings released: CA$0.009 loss per share (vs CA$0.038 loss in 3Q 2023)Third quarter 2024 results: CA$0.009 loss per share (improved from CA$0.038 loss in 3Q 2023). Revenue: CA$20.7m (down 12% from 3Q 2023). Net loss: CA$1.41m (loss narrowed 58% from 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
分析記事 • Nov 08Investors Still Aren't Entirely Convinced By Baylin Technologies Inc.'s (TSE:BYL) Revenues Despite 26% Price JumpBaylin Technologies Inc. ( TSE:BYL ) shares have continued their recent momentum with a 26% gain in the last month...
New Risk • Sep 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Negative equity (-CA$3.7m). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (CA$78.6m market cap, or US$58.4m).
分析記事 • Sep 10Baylin Technologies Inc.'s (TSE:BYL) Shares Leap 28% Yet They're Still Not Telling The Full StoryThose holding Baylin Technologies Inc. ( TSE:BYL ) shares would be relieved that the share price has rebounded 28% in...
Reported Earnings • Aug 09Second quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.015 loss in 2Q 2023)Second quarter 2024 results: CA$0.001 loss per share (improved from CA$0.015 loss in 2Q 2023). Revenue: CA$22.0m (down 13% from 2Q 2023). Net loss: CA$132.0k (loss narrowed 89% from 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
分析記事 • Jul 12Take Care Before Jumping Onto Baylin Technologies Inc. (TSE:BYL) Even Though It's 26% CheaperBaylin Technologies Inc. ( TSE:BYL ) shareholders won't be pleased to see that the share price has had a very rough...
Reported Earnings • May 09First quarter 2024 earnings released: CA$0.013 loss per share (vs CA$0.015 loss in 1Q 2023)First quarter 2024 results: CA$0.013 loss per share. Revenue: CA$20.1m (down 20% from 1Q 2023). Net loss: CA$1.97m (loss widened 69% from 1Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in North America.
Reported Earnings • Mar 22Full year 2023 earnings released: CA$0.094 loss per share (vs CA$0.21 loss in FY 2022)Full year 2023 results: CA$0.094 loss per share (improved from CA$0.21 loss in FY 2022). Revenue: CA$73.0m (down 40% from FY 2022). Net loss: CA$8.22m (loss narrowed 51% from FY 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.
分析記事 • Mar 09Baylin Technologies Inc. (TSE:BYL) Surges 35% Yet Its Low P/S Is No Reason For ExcitementDespite an already strong run, Baylin Technologies Inc. ( TSE:BYL ) shares have been powering on, with a gain of 35% in...
お知らせ • Mar 02Baylin Technologies Inc., Annual General Meeting, May 09, 2024Baylin Technologies Inc., Annual General Meeting, May 09, 2024.
New Risk • Feb 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$4.9m). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (88% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$36.2m market cap, or US$26.9m).
お知らせ • Dec 30Baylin Technologies Inc. announced that it expects to receive CAD 1.7 million in funding from 2385796 Ontario Inc.Baylin Technologies Inc. announced a private placement to issue up to 68,000 10% Cumulative Redeemable Retractable Series A Preferred Shares at an issue price of CAD 25 per share for the gross proceeds of up to CAD 1,700,000 on December 29, 2023. The transaction will include participation from returning investor 2385796 Ontario Inc. Subject to certain limitations and applicable law, dividends are payable in cash on a monthly basis at an annual rate of CAD 2.50 per share. At any time on and after January 1, 2025, the Company at its option may redeem, and the holder may require the Company to redeem, some or all of the Series A Preferred Shares then outstanding in cash at the Issue Price. On December 31, 2028, the Company is required to redeem all Series A Preferred Shares then outstanding in cash at their Issue Price. The Series A Preferred Shares are non-voting.
Recent Insider Transactions Derivative • Dec 29Chairman of the Board exercised options to buy CA$9.6m worth of stock.On the 22nd of December, Jeffrey Royer exercised options to buy 55m shares at a strike price of around CA$0.19, costing a total of CA$10m. This transaction amounted to 100% of their direct individual holding at the time of the trade. Since December 2022, Jeffrey's direct individual holding has increased from 46.63m shares to 54.63m. Company insiders have collectively bought CA$11m more than they sold, via options and on-market transactions, in the last 12 months.
New Risk • Dec 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 88% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$4.9m). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (88% increase in shares outstanding). Minor Risk Market cap is less than US$100m (CA$26.4m market cap, or US$20.0m).
お知らせ • Dec 22Baylin Technologies Inc. has completed a Follow-on Equity Offering in the amount of CAD 11.815438 million.Baylin Technologies Inc. has completed a Follow-on Equity Offering in the amount of CAD 11.815438 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 62,186,516 Price\Range: CAD 0.19 Transaction Features: Rights Offering
お知らせ • Nov 12Baylin Technologies Inc. has filed a Follow-on Equity Offering.Baylin Technologies Inc. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Transaction Features: Rights Offering
お知らせ • Sep 09Baylin Technologies Appoints Jj Kim, President of Mobile and Network BusinessBaylin Technologies Inc. announced that Mr. JJ Kim has joined its Galtronics Korea subsidiary as President of the Mobile and Network business. The Mobile and Network business line, headquartered in Korea and with production facilities in Vietnam, designs and produces antennas for mobile phones, personal computers, tablets, IoT and wirelessly connected devices. Mr. Kim brings over three decades of experience and relationships in the Korean electronicsecosystem, having been a country manager for several non-Korean western companies over the course of his career. He has a strong track record of success in building businesses, generating and increasing sales revenue, and leading employees to successfully deliver positive results.
Reported Earnings • Aug 10Second quarter 2023 earnings released: CA$0.015 loss per share (vs CA$0.054 loss in 2Q 2022)Second quarter 2023 results: CA$0.015 loss per share (improved from CA$0.054 loss in 2Q 2022). Revenue: CA$25.3m (down 16% from 2Q 2022). Net loss: CA$1.24m (loss narrowed 71% from 2Q 2022). Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
お知らせ • Jul 26Baylin Technologies Inc. Announces the Launch of A New Ka-Band Amplifier FamilyBaylin Technologies Inc. announced that its Advantech subsidiary has launched a new family of Ka-band Solid State Power Amplifiers (SSPA). Badged as K-2 Series, Advantech's new line of Ka-band SSPAs and SSPBs are based on a novel, ground-up design that employs the latest in Gallium Nitride (GaN) device technology to deliver the highest RF performance of any amplifier in its class. The K-2 is based on the recently launched Genesis architecture and represents another advancement in high-performance RF products from Advantech for the satellite communications industry. Initially released in 40W and 80W variants, higher power products are on the near-term roadmap. The Ka-band is the portion of the electromagnetic spectrum that covers frequencies between 26.5 to 40 gigahertz (GHz) with wavelengths ranging from 1 centimeter down to 7.5 millimeters. In satellite communications, the Ka-band allows for higher bandwidth communications and is currently used in GEO, LEO and MEO applications.
お知らせ • May 28Baylin Technologies Inc. announced that it has received CAD 4 million in funding from 2385796 Ontario Inc.On May 26, 2023, Baylin Technologies Inc. closed the transaction. 2385796 Ontario Inc. hold approximately 61.8% of the outstanding common shares of the company
Price Target Changed • May 12Price target decreased by 19% to CA$0.55Down from CA$0.68, the current price target is an average from 2 analysts. New target price is 47% above last closing price of CA$0.38. Stock is down 36% over the past year. The company is forecast to post a net loss per share of CA$0.17 next year compared to a net loss per share of CA$0.21 last year.
お知らせ • May 11Baylin Technologies Inc. announced that it expects to receive CAD 4 million in funding from 2385796 Ontario Inc.Baylin Technologies Inc. announced a private placement to issue up to 8,000,000 common shares at an issue price of CAD 0.50 per share for the gross proceeds of up to CAD 4,000,000 on May 10, 2023. The transaction will include participation from returning investor 2385796 Ontario Inc. for 8,000,000 shares. The common shares will be issued at a price based on the 5-day volume-weighted average trading price of the common shares on the Toronto Stock Exchange (TSX). Subject to TSX approval, the transaction is expected to close around May 22, 2023. Assuming the private placement results in the issuance of 8,000,000 common shares, the investor and a related party would then hold approximately 61.80% of the company's outstanding common shares.
分析記事 • Apr 17Baylin Technologies Inc.'s (TSE:BYL) Price Is Right But Growth Is Lacking After Shares Rocket 35%Baylin Technologies Inc. ( TSE:BYL ) shareholders would be excited to see that the share price has had a great month...
Reported Earnings • Mar 10Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: CA$0.21 loss per share (improved from CA$1.09 loss in FY 2021). Revenue: CA$120.9m (up 18% from FY 2021). Net loss: CA$16.9m (loss narrowed 75% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
分析記事 • Dec 15Does Baylin Technologies (TSE:BYL) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Dec 01Baylin Technologies Inc. Announces Management ChangesBaylin Technologies Inc. announced the retirement of Mike Moon, President of the Asia Pacific business unit, effective November 30, 2022. Mr. Moon has led Galtronics Mobile sales, engineering, and manufacturing operations from its base in Korea since 2014. He has also been responsible for all Vietnamese operations. The Company also announced that Mr. Denis Lee, who has worked within the Asia Pacific business since 2004, and most recently served as the Vice President and General Manager of Galtronics Vietnam, has been promoted to the role of Senior Vice President and Head of Mobile/Network. Mr. Lee will be instrumental in creating new opportunities and driving efficiencies for the Mobile business. Finally, the company is also pleased to announce the promotion of Mr. Mark Waddell to Senior Vice President of Galtronics Global Manufacturing. Mr. Waddell has led the manufacturing operations in China for Galtronics and will work with Mr. Kim in coordinating operations across the Asia Pacific region for both internal and outsourced manufacturing and supply chain.
Price Target Changed • Nov 16Price target decreased to CA$0.68Down from CA$0.97, the current price target is an average from 2 analysts. New target price is 105% above last closing price of CA$0.33. Stock is down 60% over the past year. The company is forecast to post a net loss per share of CA$0.20 next year compared to a net loss per share of CA$1.09 last year.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Bejoy Pankajakshan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 11Third quarter 2022 earnings released: CA$0.061 loss per share (vs CA$0.074 loss in 3Q 2021)Third quarter 2022 results: CA$0.061 loss per share (improved from CA$0.074 loss in 3Q 2021). Revenue: CA$30.0m (flat on 3Q 2021). Net loss: CA$4.86m (flat on 3Q 2021). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Electronic industry in Canada. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 11Baylin Technologies Inc. Provides Earnings Guidance for the Fourth Quarter of 2022Baylin Technologies Inc. provided revenue guidance for the fourth quarter of 2022. The company expects the fourth quarter of 2022 to continue to see challenges in further revenue and Adjusted EBITDA growth.
お知らせ • Sep 23Baylin Technologies Subsidiary, Galtronics USA, Expands Its Multibeam Antenna PortfolioBaylin Technologies Inc. announced that its Galtronics USA subsidiary has expanded its multibeam antenna portfolio with the addition of three new products. The new antenna products build on Galtronics first multibeam antenna, which has been successfully deployed by a Tier 1 US carrier throughout the United States over the past 18 months. The new products cover multiple spectrum bands, enabling Galtronics to sell to all major US and Canadian wireless carriers. Galtronics' proprietary multibeam technology overcomes legacy issues which have previously prevented widespread adoption of multibeam antenna technology. The three new antenna productsall utilize patent pending beam-tracking stability technology, which make them ideal solutions for stadium, venue, and special event deployments. The Galtronics multibeam portfolio offers superior performance to legacy panel-based multibeam antennas and facilitates deployment in environments where previously only costly lens-based solutions could be utilized.
Price Target Changed • Aug 11Price target decreased to CA$0.95Down from CA$1.13, the current price target is an average from 2 analysts. New target price is 121% above last closing price of CA$0.43. Stock is down 52% over the past year. The company is forecast to post a net loss per share of CA$0.23 next year compared to a net loss per share of CA$1.09 last year.
Reported Earnings • Aug 11Second quarter 2022 earnings released: CA$0.054 loss per share (vs CA$0.64 loss in 2Q 2021)Second quarter 2022 results: CA$0.054 loss per share (up from CA$0.64 loss in 2Q 2021). Revenue: CA$30.1m (up 39% from 2Q 2021). Net loss: CA$4.31m (loss narrowed 87% from 2Q 2021). Over the next year, revenue is forecast to grow 4.5%, compared to a 17% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 11+ 1 more updateBaylin Technologies Inc. Provides Financial Guidance for the Second Half of 2022Baylin Technologies Inc. provided financial guidance for the second half of 2022. The company expects second half of 2022 will be similar in revenue to the first half of 2022.
分析記事 • Jul 04Is Baylin Technologies (TSE:BYL) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Janice Davis was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 13First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CA$0.038 loss per share (up from CA$0.17 loss in 1Q 2021). Revenue: CA$31.0m (up 32% from 1Q 2021). Net loss: CA$3.07m (loss narrowed 64% from 1Q 2021). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 38%. Over the next year, revenue is forecast to grow 8.2%, compared to a 19% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 45% per year, which means it has not declined as severely as earnings.
お知らせ • May 12Baylin Technologies Inc. Provides Revenue Guidance for the Year 2022Baylin Technologies Inc. provided revenue guidance for the year 2022. Despite improved financial performance in the first quarter of 2022, the Company's business continues to face challenges brought about by the COVID-19 pandemic, in particular material shortages and increased material costs due to supply chain disruptions, which are causing delays in both productions and deliveries of products as well as push-outs of orders from customers. Although the company expects these disruptions will begin to ease over the second half of 2022, the possibility remains that the ongoing war in Ukraine and COVID-related lockdowns in China could exacerbate supply chain disruptions in the near term. Despite these continuing challenges, the company continue to expect that 2022 will show improvements in revenue over 2021.
Reported Earnings • Mar 11Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: CA$1.09 loss per share (down from CA$0.41 loss in FY 2020). Revenue: CA$102.5m (down 14% from FY 2020). Net loss: CA$67.4m (loss widened 298% from FY 2020). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 38%. Over the next year, revenue is forecast to grow 23%, compared to a 33% growth forecast for the industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 25 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 06Baylin Technologies Inc., Annual General Meeting, May 12, 2022Baylin Technologies Inc., Annual General Meeting, May 12, 2022.
Reported Earnings • Nov 12Third quarter 2021 earnings released: CA$0.074 loss per share (vs CA$0.009 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CA$30.2m (down 17% from 3Q 2020). Net loss: CA$4.90m (loss widened CA$4.53m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 13Second quarter 2021 earnings released: CA$0.64 loss per share (vs CA$0.12 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CA$21.6m (down 29% from 2Q 2020). Net loss: CA$33.9m (loss widened CA$29.2m from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 12Baylin Technologies Inc. announced that it expects to receive CAD 10.0008 million in fundingBaylin Technologies Inc. announced that it has entered into an engagement letter with Paradigm Capital Inc. for a best efforts private placement of 11,112,000 common shares at a price of CAD 0.90 per common share for gross proceeds of CAD 10,000,800 on August 11, 2021. The company has granted the placement agents an option to sell up to an additional 15% of the number of common shares offered pursuant to the base offering to cover over-allotments. As part of the transaction, the company has entered into a separate agreement with 2385796 Ontario Inc. under which 2385796 Ontario Inc. has agreed to support the transaction by agreeing to purchase common shares with a purchase price equal to the lesser of CAD 10,000,000 million subject to increase by the amount of the over-allotment option and the difference between the full amount of the transaction and the aggregate purchase price paid by all other investors in the transaction. The transaction has been approved by the board of the company. The transaction is subject to regulatory approvals and customary closing conditions, including listing of the common shares on the Toronto Stock Exchange. All securities are subject to a statutory hold period of four months and a day from the date of closing. The transaction is expected to close on or about September 1, 2021.
Executive Departure • Jun 24President, CEO & Director Randy Dewey has left the companyOn the 21st of June, Randy Dewey's tenure as President, CEO & Director of the company ended after 6.2 years in the role. As of March 2021, Randy still personally held 403.42k shares (CA$533k worth at the time). Randy is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.83 years. Under Randy's leadership, the company delivered a total shareholder return of -60%.
Executive Departure • Jun 23President, CEO & Director Randy Dewey has left the companyOn the 21st of June, Randy Dewey's tenure as President, CEO & Director of the company ended after 6.2 years in the role. As of March 2021, Randy still personally held 403.42k shares (CA$533k worth at the time). Randy is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.83 years. Under Randy's leadership, the company delivered a total shareholder return of -60%.
Recent Insider Transactions Derivative • Jun 23Chairman of the Board exercised options to buy CA$8.5m worth of stock.On the 18th of June, Jeffrey Royer exercised options to buy 8m shares at a strike price of around CA$1.11, costing a total of CA$8.7m. This transaction amounted to 35% of their direct individual holding at the time of the trade. Since June 2020, Jeffrey's direct individual holding has increased from 20.02m shares to 21.57m. Company insiders have collectively bought CA$9.6m more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions Derivative • May 21President exercised options to buy CA$59k worth of stock.On the 13th of May, Randy Dewey exercised options to buy 55k shares at a strike price of around CA$1.10, costing a total of CA$61k. This transaction amounted to 14% of their direct individual holding at the time of the trade. Since June 2020, Randy's direct individual holding has increased from 217.04k shares to 403.42k. Company insiders have collectively bought CA$987k more than they sold, via options and on-market transactions, in the last 12 months.
Price Target Changed • May 13Price target decreased to CA$1.32Down from CA$1.65, the current price target is an average from 3 analysts. New target price is 18% above last closing price of CA$1.12. Stock is up 1.8% over the past year.
Reported Earnings • May 13First quarter 2021 earnings released: CA$0.17 loss per share (vs CA$0.061 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CA$23.5m (down 13% from 1Q 2020). Net loss: CA$8.46m (loss widened 244% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.
お知らせ • May 12Baylin Technologies Inc. Provides Earnings Guidance for Quarter-Over-Quarter of 2021Baylin Technologies Inc. provided earnings guidance for quarter-over-quarter of 2021. Although COVID-19 had a negative impact on financial results in the first quarter of 2021, the company remain optimistic that financial results will improve quarter-over-quarter (subject to seasonal variations) for the remainder of 2021.
分析記事 • May 04We Think Baylin Technologies Inc.'s (TSE:BYL) CEO Compensation Package Needs To Be Put Under A MicroscopeShareholders will probably not be too impressed with the underwhelming results at Baylin Technologies Inc. ( TSE:BYL...
お知らせ • Apr 28Baylin Technologies Announces Approval of Macro Base Station Antennas for 5G by Tier 1 CarrierBaylin Technologies Inc. announced the approval of two new base station antennas by a major Tier 1 US carrier for use in its 5G macro deployments. The antennas are designed by Galtronics USA, Baylin's subsidiary. The Regional Procurement Advantage: Today's announcement marks a significant achievement for Baylin Technologies. Telecom carriers often procure equipment at the regional level by selecting technologies approved at the corporate level for technical specifications and pricing suitability. Having received corporate approval, the Galtronics base station antennas can now be purchased by regional markets working to build or maintain their networks. Two Approved Galtronics Base Station Antennas: The two approved Galtronics base station antennas include an 8-port 5G antenna and a 20-port 4G/5G antenna. The 8-port base station antenna is a C-band 5G antenna with 8T8R azimuth beamforming. This type of base station antenna and 8T8R radio maintains the very high-performance standard required for an effective 5G roll-out and is a lower-cost alternative (CAPEX and OPEX) to full 32T32R or 64T64R Massive MIMO solutions. The second approved antenna — a 20-port, 8' base station model — supports all North American mid-band frequencies on eight of its ports, true 4x4 MIMO on existing Cellular 850 and LTE 700 bands and includes the 8-ports of C-band with azimuth beamforming capabilities required for 5G deployment. This base station antenna is also designed in the same footprint as the conventional 4G counterparts, with superior performance plus added C-band Massive MIMO coverage using Galtronics' patent pending technology. Galtronics recently announced the successful roll-out of its multibeam antenna line, which is also designed for macro networks. The multibeams are most often used in niche traffic-dense scenarios, while these two newly-approved base station antennas have been developed for broad use across much of North America.
分析記事 • Apr 28Would Baylin Technologies (TSE:BYL) Be Better Off With Less Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Recent Insider Transactions Derivative • Mar 18Chairman of the Board exercised options to buy CA$793k worth of stock.On the 11th of March, Jeffrey Royer exercised options to buy 667k shares at a strike price of around CA$1.05, costing a total of CA$700k. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. Since June 2020, Jeffrey's direct individual holding has increased from 20.02m shares to 22.54m. Company insiders have collectively bought CA$810k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Mar 13Baylin Technologies Inc., Annual General Meeting, May 11, 2021Baylin Technologies Inc., Annual General Meeting, May 11, 2021.
Analyst Estimate Surprise Post Earnings • Mar 13Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 3.8%. Earnings per share (EPS) exceeded analyst estimates by 91%. Over the next year, revenue is forecast to grow 8.6%, compared to a 5.7% growth forecast for the Electronic industry in Canada.
お知らせ • Mar 12Michael Wolfe to Leave His Position as Baylin Technologies Inc.'s Chief Financial OfficerBaylin Technologies Inc. announced that Michael Wolfe, the Company's Chief Financial Officer, will be leaving the Company to pursue other opportunities. He will remain in his current role for the time being in order to ensure an orderly transition of his responsibilities.
Reported Earnings • Mar 12Full year 2020 earnings released: CA$0.41 loss per share (vs CA$0.49 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: CA$119.7m (down 22% from FY 2019). Net loss: CA$16.9m (loss narrowed 14% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 15Are Insiders Buying Baylin Technologies Inc. (TSE:BYL) Stock?We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...
お知らせ • Feb 09Baylin Technologies Inc. Announces Favorable Court of Appeal RulingBaylin Technologies Inc. announced that the Ontario Court of Appeal recently upheld the Company's appeal of a lower court ruling related to a dispute with Mr. David Gelerman, a former director of the Company. The dispute principally involved allegations of oppressive conduct on the part of the Company and its board of directors towards Mr. Gelerman in relation to the Company's majority voting policy, which was approved in advance of the Company's annual meeting of shareholders in 2019. The Court of Appeal ruled in the Company's favour on all aspects of the appeal. The Court found that there was no oppressive conduct on the part of the Company or its directors. The Company's majority voting policy, which was approved by all the directors, including Mr. Gelerman, did not unfairly disregard or prejudice his reasonable expectations of remaining as a director. Under the policy, a director, such as Mr. Gelerman, who received more withheld votes than votes in favour of election at an annual meeting of shareholders was required to submit their resignation to the Company, which Mr. Gelerman refused to do. Specifically, the Court of Appeal declared that (i) the Company's majority voting policy was in accordance with the Toronto Stock Exchange's requirements and that it remained in force the lower court had set it aside - and (ii) Mr. Gelerman was required to have submitted his resignation to the Company's board of directors for consideration after the 2019 annual meeting. Separately, the Court of Appeal also ruled that the Company is entitled to set-off common shares payable to SpaceBridge Inc., a company controlled by Mr. Gelerman, against claims by the Company against SpaceBridge. The Court also awarded costs in favour of the Company.
Is New 90 Day High Low • Feb 05New 90-day high: CA$1.84The company is up 94% from its price of CA$0.95 on 06 November 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 51% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$2.90 per share.
Price Target Changed • Feb 04Price target raised to CA$1.65Up from CA$1.47, the current price target is an average from 3 analysts. The new target price is close to the current share price of CA$1.63. As of last close, the stock is down 13% over the past year.
分析記事 • Jan 20Is Baylin Technologies Inc. (TSE:BYL) Trading At A 48% Discount?Today we will run through one way of estimating the intrinsic value of Baylin Technologies Inc. ( TSE:BYL ) by taking...
Is New 90 Day High Low • Jan 14New 90-day high: CA$1.12The company is up 18% from its price of CA$0.95 on 15 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$2.27 per share.
Is New 90 Day High Low • Dec 02New 90-day low: CA$0.79The company is down 5.0% from its price of CA$0.83 on 03 September 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$2.22 per share.
お知らせ • Nov 26Baylin Technologies Inc. announced that it expects to receive CAD 5.000025 million in fundingBaylin Technologies Inc. (TSX:BYL) announced that it has entered into an agreement with Paradigm Capital Inc. for a best efforts private placement of 6,666,700 units at a price of CAD 0.75 for gross proceeds of CAD 5,000,025 on November 24, 2020. Each unit will consists of one common share and one common share purchase warrant. Each warrant is exercisable into one common share at a price of CAD 1.05 per share for a period of 24 months following the closing. If at any time following the closing date, the closing price of the common chares is equal or higher than $1.40 per common share for ten consecutive trading days, the company may notify the holders of the warrants that the warrants will expire 30 days following the notice. The transaction is subject to regulatory approvals and customary closing conditions, including listing of the Common Shares on the Toronto Stock Exchange. All securities are subject to a statutory hold period of four months and a day from the date of closing. The transaction is expected to close on or about December 15, 2020.
分析記事 • Nov 24How Much Is Baylin Technologies Inc. (TSE:BYL) Paying Its CEO?Randy Dewey became the CEO of Baylin Technologies Inc. (TSE:BYL) in 2015, and we think it's a good time to look at the...
Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 16% while the growth in Electronic industry in Canada is expected to stay flat.
Reported Earnings • Nov 13Third quarter 2020 earnings released: CA$0.009 loss per shareThe company reported a solid third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2020 results: Revenue: CA$36.6m (flat on 3Q 2019). Net loss: CA$365.0k (loss narrowed 49% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
Price Target Changed • Nov 05Price target lowered to CA$1.50Down from CA$1.65, the current price target is an average from 4 analysts. The new target price is 58% above the current share price of CA$0.95. As of last close, the stock is down 54% over the past year.
お知らせ • Nov 04Baylin Technologies Inc. to Report Q3, 2020 Results on Nov 12, 2020Baylin Technologies Inc. announced that they will report Q3, 2020 results at 11:06 PM, GMT Standard Time on Nov 12, 2020
