Declared Dividend • Jun 12
Dividend of CA$0.31 announced Shareholders will receive a dividend of CA$0.31. Ex-date: 14th August 2026 Payment date: 28th August 2026 Dividend yield will be 8.8%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, it is covered by cash flows (69% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 3.1% to bring the payout ratio under control. EPS is expected to grow by 15% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Jun 10
Second quarter 2026 earnings released: EPS: CA$0.30 (vs CA$0.24 in 2Q 2025) Second quarter 2026 results: EPS: CA$0.30 (up from CA$0.24 in 2Q 2025). Revenue: CA$114.3m (down 8.4% from 2Q 2025). Net income: CA$16.3m (up 21% from 2Q 2025). Profit margin: 14% (up from 11% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Aankondiging • Jun 10
Enghouse Systems Limited Approves Quarterly Dividend, Payable on August 28, 2026 Enghouse Systems Limited approved an eligible quarterly dividend of $0.31 per common share, payable on August 28, 2026, to shareholders of record at the close of business on August 14, 2026. Aankondiging • Jun 03
Enghouse Systems Limited to Report Q2, 2026 Results on Jun 09, 2026 Enghouse Systems Limited announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Jun 09, 2026 Aankondiging • Mar 06
Enghouse Systems Limited to Report Q1, 2026 Results on Mar 12, 2026 Enghouse Systems Limited announced that they will report Q1, 2026 results After-Market on Mar 12, 2026 Aankondiging • Jan 07
Enghouse Systems Limited, Annual General Meeting, Mar 12, 2026 Enghouse Systems Limited, Annual General Meeting, Mar 12, 2026. Aankondiging • Dec 17
Enghouse Systems Limited Approves Quarterly Dividend, Payable on February 27, 2026 The Board of Directors of Enghouse Systems Limited approved the Company's eligible quarterly dividend of $0.30 per common share payable on February 27, 2026 to shareholders of record at the close of business on February 13, 2026. Aankondiging • Dec 09
Enghouse Systems Limited to Report Q4, 2025 Results on Dec 15, 2025 Enghouse Systems Limited announced that they will report Q4, 2025 results After-Market on Dec 15, 2025 Aankondiging • Aug 29
Enghouse Systems Limited to Report Q3, 2025 Results on Sep 04, 2025 Enghouse Systems Limited announced that they will report Q3, 2025 results After-Market on Sep 04, 2025 Aankondiging • Jun 06
Enghouse Systems Limited Approves Quarterly Dividend, Payable on August 29, 2025 The Board of Directors of Enghouse Systems Limited approved an eligible quarterly dividend of $0.30 per common share, payable on August 29, 2025, to shareholders of record at the close of business on August 15, 2025. Aankondiging • May 30
Enghouse Systems Limited to Report Q2, 2025 Results on Jun 05, 2025 Enghouse Systems Limited announced that they will report Q2, 2025 results After-Market on Jun 05, 2025 Aankondiging • Apr 14
Enghouse Systems Limited (TSX:ENGH) completed the acquisition of Trafi Ltd. on April 14, 2025. Enghouse Systems Limited (TSX:ENGH) acquired Trafi Ltd. on April 14, 2025.
Enghouse Systems Limited (TSX:ENGH) completed the acquisition of Trafi Ltd. on April 14, 2025. Aankondiging • Mar 11
Enghouse Systems Limited Declares Quarterly Dividend, Payable on May 30, 2025 The Board of Directors of Enghouse Systems Limited approved an increase of 15.4% in the Company's eligible quarterly dividend to $0.30 per common share, payable on May 30, 2025, to shareholders of record at the close of business on May 16, 2025. Aankondiging • Mar 06
Enghouse Systems Limited (TSX:ENGH) acquired Margento R&D d.o.o. Enghouse Systems Limited (TSX:ENGH) acquired Margento R&D d.o.o. on March 4, 2025.
Enghouse Systems Limited (TSX:ENGH) completed the acquisition of Margento R&D d.o.o. on March 4, 2025. Aankondiging • Mar 04
Enghouse Systems Limited to Report Q1, 2025 Results on Mar 10, 2025 Enghouse Systems Limited announced that they will report Q1, 2025 results After-Market on Mar 10, 2025 Aankondiging • Jan 07
Enghouse Systems Limited, Annual General Meeting, Mar 10, 2025 Enghouse Systems Limited, Annual General Meeting, Mar 10, 2025. Aankondiging • Dec 13
Enghouse Systems Limited Approves Quarterly Dividend, Payable on February 28, 2025 The Board of Directors of Enghouse Systems Limited approved the Company's eligible quarterly dividend of $0.26 per common share payable on February 28, 2025 to shareholders of record at the close of business on February 14, 2025. Aankondiging • Dec 06
Enghouse Systems Limited to Report Q4, 2024 Results on Dec 12, 2024 Enghouse Systems Limited announced that they will report Q4, 2024 results After-Market on Dec 12, 2024 Upcoming Dividend • Nov 08
Upcoming dividend of CA$0.26 per share Eligible shareholders must have bought the stock before 15 November 2024. Payment date: 29 November 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%). Aankondiging • Oct 04
Enghouse Systems Limited Announces Executive Changes Enghouse Systems Limited announced that Vince Mifsud, President, has tendered his resignation from the Company to pursue another opportunity. His departure will be effective December 2024, upon completion of the 2024 Enghouse fiscal year. Mr. Mifsud will transition his responsibilities to Steve Sadler, Chairman and CEO of Enghouse prior to his departure. Declared Dividend • Sep 16
Third quarter dividend of CA$0.26 announced Shareholders will receive a dividend of CA$0.26. Ex-date: 15th November 2024 Payment date: 29th November 2024 Dividend yield will be 3.8%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 06
Third quarter 2024 earnings released: EPS: CA$0.37 (vs CA$0.32 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.37 (up from CA$0.32 in 3Q 2023). Revenue: CA$130.5m (up 18% from 3Q 2023). Net income: CA$20.6m (up 17% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Aankondiging • Aug 30
Enghouse Systems Limited to Report Q3, 2024 Results on Sep 05, 2024 Enghouse Systems Limited announced that they will report Q3, 2024 results After-Market on Sep 05, 2024 Upcoming Dividend • Aug 09
Upcoming dividend of CA$0.26 per share Eligible shareholders must have bought the stock before 16 August 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.1%). Declared Dividend • Jun 14
Dividend of CA$0.26 announced Shareholders will receive a dividend of CA$0.26. Ex-date: 16th August 2024 Payment date: 30th August 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.2% over the next year, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Jun 14
Dividend of CA$0.26 announced Shareholders will receive a dividend of CA$0.26. Ex-date: 16th August 2024 Payment date: 30th August 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.2% over the next year, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Jun 14
Dividend of CA$0.26 announced Shareholders will receive a dividend of CA$0.26. Ex-date: 16th August 2024 Payment date: 30th August 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.2% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jun 13
Enghouse Systems Limited Approves Quarterly Dividend, Payable on August 30, 2024 Enghouse Systems Limited announced that the Board of Directors approved the Company's eligible quarterly dividend of $0.26 per common share payable on August 30, 2024 to shareholders of record at the close of business on August 16, 2024. Reported Earnings • Jun 11
Second quarter 2024 earnings released: EPS: CA$0.36 (vs CA$0.23 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.36 (up from CA$0.23 in 2Q 2023). Revenue: CA$125.8m (up 11% from 2Q 2023). Net income: CA$20.0m (up 59% from 2Q 2023). Profit margin: 16% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Aankondiging • Jun 05
Enghouse Systems Limited to Report Q2, 2024 Results on Jun 10, 2024 Enghouse Systems Limited announced that they will report Q2, 2024 results After-Market on Jun 10, 2024 Aankondiging • May 11
Enghouse Systems Limited (TSX:ENGH) completed the acquisition of Substantially all assets related to its product and services business SeaChange International, Inc. from SeaChange International, Inc. (OTCPK:SEAC). Enghouse Systems Limited (TSX:ENGH) entered into an asset purchase agreement to acquire Substantially all assets related to its product and services business SeaChange International, Inc. from SeaChange International, Inc. (OTCPK:SEAC) for $39 million on April 23, 2024. Enghouse Systems Limited will acquire substantially all of SeaChange’s assets related to its product and services business and will assume certain liabilities, for a total purchase price of $39 million. The Enghouse Asset Sale, which has been approved by SeaChange’s Board of Directors (the “Board”), is subject to various terms and closing conditions, including approval by a majority of the shares of SeaChange’s outstanding common stock. Subject to such closing conditions, Closing is expected to occur in early May 2024. The termination fee payable to Enghouse is $1.3 million.Needham & Company, LLC is acting as exclusive financial advisor to SeaChange in this transaction, and K&L Gates LLP is acting as legal counsel to SeaChange in this transaction.Enghouse Systems Limited (TSX:ENGH) completed the acquisition of Substantially all assets related to its product and services business SeaChange International, Inc. from SeaChange International, Inc. (OTCPK:SEAC) on May 9, 2024. Upcoming Dividend • May 10
Upcoming dividend of CA$0.26 per share Eligible shareholders must have bought the stock before 16 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.2%). Aankondiging • Apr 26
Enghouse Systems Limited (TSX:ENGH) entered into an asset purchase agreement to acquire Substantially all assets related to its product and services business SeaChange International, Inc. from SeaChange International, Inc. (OTCPK:SEAC) for $39 million. Enghouse Systems Limited (TSX:ENGH) entered into an asset purchase agreement to acquire Substantially all assets related to its product and services business SeaChange International, Inc. from SeaChange International, Inc. (OTCPK:SEAC) for $39 million on April 24, 2024. Enghouse Systems Limited will acquire substantially all of SeaChange’s assets related to its product and services business and will assume certain liabilities, for a total purchase price of $39 million. The Enghouse Asset Sale, which has been approved by SeaChange’s Board of Directors (the “Board”), is subject to various terms and closing conditions, including approval by a majority of the shares of SeaChange’s outstanding common stock. Subject to such closing conditions, Closing is expected to occur in early May 2024. The termination fee payable to Enghouse is $1.3 million.
Needham & Company, LLC is acting as exclusive financial advisor to SeaChange in this transaction, and K&L Gates LLP is acting as legal counsel to SeaChange in this transaction. Declared Dividend • Mar 18
First quarter dividend of CA$0.26 announced Shareholders will receive a dividend of CA$0.26. Ex-date: 16th May 2024 Payment date: 31st May 2024 Dividend yield will be 3.3%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 14
First quarter 2024 earnings released: EPS: CA$0.33 (vs CA$0.31 in 1Q 2023) First quarter 2024 results: EPS: CA$0.33 (up from CA$0.31 in 1Q 2023). Revenue: CA$120.5m (up 13% from 1Q 2023). Net income: CA$18.1m (up 6.5% from 1Q 2023). Profit margin: 15% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Aankondiging • Mar 14
Enghouse Systems Limited Approves Increase in Quarterly Dividend, Payable on May 31, 2024 Enghouse Systems Limited Board of Directors approved an increase in the Company's eligible quarterly dividend to $0.26 per common share, an increase of 18.2% over the prior dividend, payable on May 31, 2024 to shareholders of record at the close of business on May 17, 2024. Aankondiging • Mar 09
Enghouse Systems Limited to Report Q1, 2024 Results on Mar 13, 2024 Enghouse Systems Limited announced that they will report Q1, 2024 results After-Market on Mar 13, 2024 Aankondiging • Feb 10
Enghouse Systems Limited (TSX:ENGH), Enghouse (Netherlands) Holding B.V., Enghouse Holdings (Uk) Limited and Enghouse Interactive Inc. completed the acquisition of MediaSite K.K. and Sonic Foundry International B.V. and Assets of MediaSite business from Sonic Foundry, Inc. (OTCPK:SOFO) and Sonic Foundry Media Systems, Inc. Enghouse Systems Limited (TSX:ENGH), Enghouse (Netherlands) Holding B.V., Enghouse Holdings (Uk) Limited and Enghouse Interactive Inc. entered into a definitive agreement to acquire MediaSite K.K. and Sonic Foundry International B.V. and Assets of MediaSite business from Sonic Foundry, Inc. (OTCPK:SOFO) and Sonic Foundry Media Systems, Inc. for $15.5 million on January 2, 2024. As consideration for the Mediasite Asset Sale, the Buyer has agreed to pay the Sellers $14.5 million in cash at closing, subject to adjustment as set forth in the Purchase Agreement, and pay the Sellers a holdback amount of $1.0 million on the one year anniversary of closing to the extent such amount is not reduced by purchase price adjustments or indemnity or other claims under the Purchase Agreement. If the Sellers or the Buyer terminate the Purchase Agreement under specified circumstances, the Sellers will be obligated to pay the Buyer a termination fee of $450,000. The Purchase Agreement also provides that if the Buyer terminates the Purchase Agreement due to the Company's failure to obtain the required approval of its stockholders, the Company will be obligated to pay the Buyer a termination fee of $100,000. As of December 31, 2023 from Sonic Foundry, Inc reported revenue of $22.1 million, adjusted EBITA loss of $10.3 million and total net loss of $19.3 million. Closing of the transaction is subject to approval by Sonic Foundry shareholders and certain customary closing conditions. Sonic Foundry's board of directors has approved the transaction. The transaction is expected to be completed during the first quarter of 2024. Benjamin G. Lombard of Reinhart Boerner Van Deuren s.c. acted as legal advisor to Sonic Foundry, Inc. Ian M. Hazlett acted as legal advisor to Enghouse Systems Limited. Ian M. Hazlett of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to Enghouse Systems Limited.
Enghouse Systems Limited (TSX:ENGH), Enghouse (Netherlands) Holding B.V., Enghouse Holdings (Uk) Limited and Enghouse Interactive Inc. completed the acquisition of MediaSite K.K. and Sonic Foundry International B.V. and Assets of MediaSite business from Sonic Foundry, Inc. (OTCPK:SOFO) and Sonic Foundry Media Systems, Inc. on February 9, 2024. Upcoming Dividend • Feb 07
Upcoming dividend of CA$0.22 per share at 2.5% yield Eligible shareholders must have bought the stock before 14 February 2024. Payment date: 29 February 2024. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.2%). Higher than average of industry peers (1.2%). Recent Insider Transactions • Jan 31
Chairman & CEO recently sold €382k worth of stock On the 23rd of January, Stephen Sadler sold around 15k shares on-market at roughly €25.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €749k. Stephen has been a net seller over the last 12 months, reducing personal holdings by €1.4m. Recent Insider Transactions • Jan 23
Chairman & CEO recently sold €749k worth of stock On the 18th of January, Stephen Sadler sold around 30k shares on-market at roughly €24.97 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Stephen has been a net seller over the last 12 months, reducing personal holdings by €1.8m. Recent Insider Transactions • Jan 19
Chairman & CEO recently sold €288k worth of stock On the 12th of January, Stephen Sadler sold around 12k shares on-market at roughly €24.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Stephen has been a net seller over the last 12 months, reducing personal holdings by €1.0m. Aankondiging • Jan 06
Enghouse Systems Limited, Annual General Meeting, Mar 13, 2024 Enghouse Systems Limited, Annual General Meeting, Mar 13, 2024. Aankondiging • Jan 05
Enghouse Systems Limited (TSX:ENGH) entered into a definitive agreement to acquire Mediasite business from Sonic Foundry, Inc. (OTCPK:SOFO) for $15.5 million. Enghouse Systems Limited (TSX:ENGH) entered into a definitive agreement to acquire Mediasite business from Sonic Foundry, Inc. (OTCPK:SOFO) for $15.5 million on January 2, 2024. As of December 31, 2023 from Sonic Foundry, Inc reported revenue of $22.1 million, adjusted EBITA loss of $10.3 million and total net loss of $19.3 million. Closing of the transaction is subject to approval by Sonic Foundry shareholders and certain customary closing conditions. The transaction is expected to be completed during the first quarter of 2024. Buying Opportunity • Dec 16
Now 20% undervalued Over the last 90 days, the stock is up 3.7%. The fair value is estimated to be €28.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 7.6%. Revenue is forecast to grow by 12% in a year. Earnings is forecast to grow by 16% in the next year. Reported Earnings • Dec 15
Full year 2023 earnings released: EPS: CA$1.31 (vs CA$1.70 in FY 2022) Full year 2023 results: EPS: CA$1.31 (down from CA$1.70 in FY 2022). Revenue: CA$454.0m (up 6.2% from FY 2022). Net income: CA$72.2m (down 24% from FY 2022). Profit margin: 16% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Aankondiging • Dec 15
Enghouse Systems Limited Approves Quarterly Dividend, Payable on February 29, 2024 The Board of Directors Enghouse Systems Limited approved eligible quarterly dividend of $0.22 per common share, payable on February 29, 2024 to shareholders of record at the close of business on February 15, 2024. Aankondiging • Dec 08
Enghouse Systems Limited to Report Q4, 2023 Results on Dec 14, 2023 Enghouse Systems Limited announced that they will report Q4, 2023 results After-Market on Dec 14, 2023 Upcoming Dividend • Nov 08
Upcoming dividend of CA$0.22 per share at 2.6% yield Eligible shareholders must have bought the stock before 15 November 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.8%). Aankondiging • Sep 09
Enghouse Systems Limited Announces the Appointment of Vivian Leung to Its Board of Directors Enghouse Systems Limited announced the appointment of Vivian Leung to its board of directors, effective September 7, 2023. Ms. Leung has over 20 years of experience as a corporate lawyer in the technology sector, most recently as General Counsel, Magnet Forensics; General Counsel, BlueCat Networks and Assistant General Counsel, Open Text. She has served on the boards of the Chartered Professionals in Human Resources (CPHR) and the Jane Goodall Institute of Canada, along with other not for profit organizations. Aankondiging • Sep 08
Enghouse Systems Limited Approves the Quarterly Dividend, Payable on November 30, 2023 The Board of Directors of Enghouse Systems Limited approved the Company's eligible quarterly dividend of $0.22 per common share, payable on November 30, 2023 to shareholders of record at the close of business on November 16, 2023. Reported Earnings • Sep 08
Third quarter 2023 earnings released: EPS: CA$0.32 (vs CA$0.33 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.32 (down from CA$0.33 in 3Q 2022). Revenue: CA$111.0m (up 8.7% from 3Q 2022). Net income: CA$17.6m (down 2.8% from 3Q 2022). Profit margin: 16% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Aankondiging • Sep 01
Enghouse Systems Limited to Report Q3, 2023 Results on Sep 07, 2023 Enghouse Systems Limited announced that they will report Q3, 2023 results After-Market on Sep 07, 2023 Upcoming Dividend • Aug 09
Upcoming dividend of CA$0.22 per share at 3.1% yield Eligible shareholders must have bought the stock before 16 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.6%). Aankondiging • Aug 03
Enghouse Systems Limited (TSX:ENGH) completed the acquisition of Substantially All Assets of LifeSize Communications Inc for $20.7 million. Enghouse Systems Limited (TSX:ENGH) entered into an agreement to acquire Substantially All Assets of LifeSize Communications Inc. on May 17, 2023. The agreement remains subject to higher or better offers in accordance with bid procedures and deadlines, as well as court approval. Employees will continue to be paid as usual and continue their primary benefits without disruption. Pachulski Stang Ziehl & Jones acted as legla advisor, FTI Consulting acted as chief restructuring advisor and financial advisor and Piper Sandler & Co. acted as exclusive investment banker and financial advisor.
Enghouse Systems Limited (TSX:ENGH) completed the acquisition of Substantially All Assets of LifeSize Communications Inc. for $20.7 million on August 1, 2023. The previously announced transaction was approved under a U.S. Bankruptcy Court process for a purchase price of approximately $20.7 million, subject to adjustments. Buying Opportunity • Jul 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be €26.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 13% in a year. Earnings is forecast to decline by 8.1% in the next year. Buying Opportunity • Jun 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €27.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 11% in a year. Earnings is forecast to decline by 5.1% in the next year. Reported Earnings • Jun 13
Second quarter 2023 earnings released: EPS: CA$0.23 (vs CA$0.32 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.23 (down from CA$0.32 in 2Q 2022). Revenue: CA$113.5m (up 6.7% from 2Q 2022). Net income: CA$12.5m (down 30% from 2Q 2022). Profit margin: 11% (down from 17% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Aankondiging • Jun 13
Enghouse Systems Limited Declares Quarterly Dividend, Payable on August 31, 2023 The Board of Directors of Enghouse Systems Limited approved the Company's eligible quarterly dividend of $0.22 per common share, payable on August 31, 2023 to shareholders of record at the close of business on August 17, 2023. Aankondiging • Jun 06
Enghouse Systems Limited to Report Q2, 2023 Results on Jun 12, 2023 Enghouse Systems Limited announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jun 12, 2023 Aankondiging • May 18
Enghouse Systems Limited (TSX:ENGH) entered into an agreement to acquire Substantially All Assets of LifeSize Communications Inc. Enghouse Systems Limited (TSX:ENGH) entered into an agreement to acquire Substantially All Assets of LifeSize Communications Inc. on May 17, 2023. The agreement remains subject to higher or better offers in accordance with bid procedures and deadlines, as well as court approval. Employees will continue to be paid as usual and continue their primary benefits without disruption. Pachulski Stang Ziehl & Jones acted as legla advisor, FTI Consulting acted as chief restructuring advisor and financial advisor and Piper Sandler & Co. acted as exclusive investment banker and financial advisor. Upcoming Dividend • May 09
Upcoming dividend of CA$0.22 per share at 2.4% yield Eligible shareholders must have bought the stock before 16 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.6%). Buying Opportunity • Mar 11
Now 30% undervalued Over the last 90 days, the stock is up 8.3%. The fair value is estimated to be €33.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 8.7% in a year. Earnings is forecast to decline by 2.4% in the next year. Reported Earnings • Mar 10
First quarter 2023 earnings released: EPS: CA$0.31 (vs CA$0.39 in 1Q 2022) First quarter 2023 results: EPS: CA$0.31 (down from CA$0.39 in 1Q 2022). Revenue: CA$106.4m (down 4.2% from 1Q 2022). Net income: CA$17.0m (down 21% from 1Q 2022). Profit margin: 16% (down from 19% in 1Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year. Upcoming Dividend • Feb 06
Upcoming dividend of CA$0.18 per share at 1.8% yield Eligible shareholders must have bought the stock before 13 February 2023. Payment date: 28 February 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.7%). Recent Insider Transactions • Feb 01
Chairman & CEO recently sold €753k worth of stock On the 24th of January, Stephen Sadler sold around 28k shares on-market at roughly €26.98 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.4m. Stephen has been a net seller over the last 12 months, reducing personal holdings by €3.3m. Recent Insider Transactions • Jan 24
Chairman & CEO recently sold €1.1m worth of stock On the 19th of January, Stephen Sadler sold around 41k shares on-market at roughly €27.21 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.4m. Stephen has been a net seller over the last 12 months, reducing personal holdings by €2.5m. Recent Insider Transactions • Jan 18
Chairman & CEO recently sold €1.4m worth of stock On the 12th of January, Stephen Sadler sold around 53k shares on-market at roughly €26.95 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months. Aankondiging • Dec 21
Enghouse Systems Limited, Annual General Meeting, Mar 09, 2023 Enghouse Systems Limited, Annual General Meeting, Mar 09, 2023. Reported Earnings • Dec 17
Full year 2022 earnings released Full year 2022 results: Revenue: CA$427.6m (down 8.5% from FY 2021). Net income: CA$94.5m (up 1.8% from FY 2021). Profit margin: 22% (up from 20% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Software industry in Germany. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Melissa Sonberg 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. Upcoming Dividend • Nov 08
Upcoming dividend of CA$0.18 per share Eligible shareholders must have bought the stock before 15 November 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.0%). Reported Earnings • Sep 10
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CA$102.1m (down 13% from 3Q 2021). Net income: CA$18.1m (down 15% from 3Q 2021). Profit margin: 18% (in line with 3Q 2021). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 09
Upcoming dividend of CA$0.18 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 31 August 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.4%). In line with average of industry peers (2.0%). Recent Insider Transactions • Jun 24
Independent Director recently bought €73k worth of stock On the 20th of June, Jane Mowat bought around 4k shares on-market at roughly €19.63 per share. In the last 3 months, there was an even bigger purchase from another insider worth €284k. Despite this recent purchase, insiders have collectively sold €119k more in shares than they bought in the last 12 months. Recent Insider Transactions • Jun 17
Vice President of Corporate Development recently bought €284k worth of stock On the 13th of June, Sam Anidjar bought around 15k shares on-market at roughly €18.92 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €228k more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 27% share price decline to €18.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 23x in the Software industry in Germany. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.27 per share. Reported Earnings • Jun 09
Second quarter 2022 earnings released: EPS: CA$0.32 (vs CA$0.37 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.32 (down from CA$0.37 in 2Q 2021). Revenue: CA$106.3m (down 9.4% from 2Q 2021). Net income: CA$17.9m (down 14% from 2Q 2021). Profit margin: 17% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 2.4%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 09
Upcoming dividend of CA$0.18 per share Eligible shareholders must have bought the stock before 16 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.2%). In line with average of industry peers (2.0%). Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Melissa Sonberg 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. Board Change • Apr 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Melissa Sonberg 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. Recent Insider Transactions • Mar 19
Independent Director recently sold €580k worth of stock On the 16th of March, Reid Drury sold around 20k shares on-market at roughly €29.01 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Reported Earnings • Mar 05
First quarter 2022 earnings: EPS in line with expectations, revenues disappoint First quarter 2022 results: EPS: CA$0.39 (up from CA$0.37 in 1Q 2021). Revenue: CA$111.1m (down 6.7% from 1Q 2021). Net income: CA$21.6m (up 4.6% from 1Q 2021). Profit margin: 19% (up from 17% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 3.8%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 04
Upcoming dividend of CA$0.16 per share Eligible shareholders must have bought the stock before 11 February 2022. Payment date: 28 February 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (3.4%). In line with average of industry peers (1.6%). Reported Earnings • Dec 17
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CA$1.67 (down from CA$1.79 in FY 2020). Revenue: CA$467.2m (down 7.3% from FY 2020). Net income: CA$92.8m (down 5.9% from FY 2020). Profit margin: 20% (in line with FY 2020). Revenue missed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 11%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Director Jane Mowat 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. Upcoming Dividend • Nov 08
Upcoming dividend of CA$0.16 per share Eligible shareholders must have bought the stock before 15 November 2021. Payment date: 30 November 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.4%). Reported Earnings • Sep 10
Third quarter 2021 earnings released: EPS CA$0.38 (vs CA$0.47 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$117.6m (down 10% from 3Q 2020). Net income: CA$21.2m (down 18% from 3Q 2020). Profit margin: 18% (down from 20% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year. Upcoming Dividend • Aug 09
Upcoming dividend of CA$0.16 per share Eligible shareholders must have bought the stock before 16 August 2021. Payment date: 31 August 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%). Reported Earnings • Jun 12
Second quarter 2021 earnings released: EPS CA$0.37 (vs CA$0.49 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$117.3m (down 17% from 2Q 2020). Net income: CA$20.7m (down 23% from 2Q 2020). Profit margin: 18% (down from 19% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 04
Enghouse Systems Limited (TSX:ENGH) acquired Nebu B.V. Enghouse Systems Limited (TSX:ENGH) acquired Nebu B.V on June 3, 2021.
Enghouse Systems Limited (TSX:ENGH) completed the acquisition of Nebu B.V on June 3, 2021. Upcoming Dividend • May 07
Upcoming dividend of CA$0.16 per share Eligible shareholders must have bought the stock before 14 May 2021. Payment date: 31 May 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (1.6%). Recent Insider Transactions • Mar 31
Chairman & CEO recently sold €1.1m worth of stock On the 23rd of March, Stephen Sadler sold around 27k shares on-market at roughly €41.98 per share. In the last 3 months, they made an even bigger sale worth €2.4m. Stephen has been a seller over the last 12 months, reducing personal holdings by €45m. Recent Insider Transactions • Mar 20
Independent Lead Director recently sold €838k worth of stock On the 16th of March, Pierre Lassonde sold around 20k shares on-market at roughly €41.89 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.7m. Insiders have been net sellers, collectively disposing of €70m more than they bought in the last 12 months. Reported Earnings • Mar 13
First quarter 2021 earnings released: EPS CA$0.37 (vs CA$0.29 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$119.1m (up 7.6% from 1Q 2020). Net income: CA$20.6m (up 28% from 1Q 2020). Profit margin: 17% (up from 15% in 1Q 2020). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Mar 13
Revenue misses expectations Revenue missed analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 3.3%, compared to a 25% growth forecast for the Software industry in Germany. 
