Baylin Technologies (TSX:BYL) - Stock Price, News & Analysis

BYL Stock Overview

Researches, designs, develops, manufactures, and sells passive and active radio frequency (RF) products, satellite communications products, and supporting services.

About the company

BYL fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Revenue is forecast to grow 9.12% per year

Risk Analysis

Negative shareholders equity

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (CA$63M)

+ 1 more risk

Baylin Technologies Inc. Competitors

Firan Technology Group

TSX:FTG

CA$145.6m

Tantalus Systems Holding

TSX:GRID

CA$77.3m

Legend Power Systems

TSXV:LPS

CA$35.6m

Gatekeeper Systems

TSXV:GSI

CA$59.0m

Price History & Performance

Summary of all time highs, changes and price drops for Baylin Technologies
Historical stock prices
Current Share Price	CA$0.41
52 Week High	CA$0.58
52 Week Low	CA$0.15
Beta	1.29
11 Month Change	32.80%
3 Month Change	69.39%
1 Year Change	48.21%
33 Year Change	-52.30%
5 Year Change	-79.66%
Change since IPO	-94.81%

Baylin Technologies Inc.'s (TSE:BYL) Shares Leap 28% Yet They're Still Not Telling The Full Story

Sep 10

Take Care Before Jumping Onto Baylin Technologies Inc. (TSE:BYL) Even Though It's 26% Cheaper

Jul 12

Recent updates

Baylin Technologies Inc.'s (TSE:BYL) Shares Leap 28% Yet They're Still Not Telling The Full Story

Sep 10

Take Care Before Jumping Onto Baylin Technologies Inc. (TSE:BYL) Even Though It's 26% Cheaper

Jul 12

Baylin Technologies Inc. (TSE:BYL) Surges 35% Yet Its Low P/S Is No Reason For Excitement

Mar 09

Baylin Technologies Inc.'s (TSE:BYL) Price Is Right But Growth Is Lacking After Shares Rocket 35%

Apr 17

Does Baylin Technologies (TSE:BYL) Have A Healthy Balance Sheet?

Dec 15

Is Baylin Technologies (TSE:BYL) Using Too Much Debt?

Jul 04

We Think Baylin Technologies Inc.'s (TSE:BYL) CEO Compensation Package Needs To Be Put Under A Microscope

May 04

Shareholder Returns

	BYL	CA Electronic	CA Market
7D	-7.8%	11.8%	-0.3%
1Y	48.2%	111.7%	21.1%

Return vs Industry: BYL underperformed the Canadian Electronic industry which returned 111.7% over the past year.

Return vs Market: BYL exceeded the Canadian Market which returned 21.1% over the past year.

Price Volatility

Is BYL's price volatile compared to industry and market?
BYL volatility
BYL Average Weekly Movement	12.9%
Electronic Industry Average Movement	9.4%
Market Average Movement	8.2%
10% most volatile stocks in CA Market	17.0%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: BYL's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: BYL's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1978	n/a	Leighton Carroll	www.baylintech.com

Baylin Technologies Inc., together with its subsidiaries, researches, designs, develops, manufactures, and sells passive and active radio frequency (RF) products, satellite communications products, and supporting services. It offers embedded antennas for use in smartphones, tablets, and other mobile devices; device-specific antennas for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products. The company provides RF components, including GaN-based power amplifiers, gallium arsenide-based power amplifiers, indoor and outdoor frequency converters, and transceivers; and antenna controllers for customers in the broadcast, maritime and cruise ships, government and military, homeland security, direct-to-home satellite, oil and gas, and wireless communications verticals.

Baylin Technologies Inc. Fundamentals Summary

How do Baylin Technologies's earnings and revenue compare to its market cap?
BYL fundamental statistics
Market cap	CA$63.47m
Earnings (TTM)	-CA$11.40m
Revenue (TTM)	CA$75.08m

0.8x

P/S Ratio

-5.5x

P/E Ratio

Is BYL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BYL income statement (TTM)
Revenue	CA$75.08m
Cost of Revenue	CA$45.83m
Gross Profit	CA$29.25m
Other Expenses	CA$40.65m
Earnings	-CA$11.40m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.075
Gross Margin	38.96%
Net Profit Margin	-15.19%
Debt/Equity Ratio	-656.2%

How did BYL perform over the long term?

See historical performance and comparison

BYL Stock Overview

Rewards

Risk Analysis

Baylin Technologies Inc. Competitors

TSX:FTG

CA$145.6m

TSX:GRID

CA$77.3m

TSXV:LPS

CA$35.6m

TSXV:GSI

CA$59.0m

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

Baylin Technologies Inc.'s (TSE:BYL) Shares Leap 28% Yet They're Still Not Telling The Full Story

Second quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.015 loss in 2Q 2023)

Take Care Before Jumping Onto Baylin Technologies Inc. (TSE:BYL) Even Though It's 26% Cheaper

First quarter 2024 earnings released: CA$0.013 loss per share (vs CA$0.015 loss in 1Q 2023)

Full year 2023 earnings released: CA$0.094 loss per share (vs CA$0.21 loss in FY 2022)

Recent updates

New minor risk - Share price stability

Baylin Technologies Inc.'s (TSE:BYL) Shares Leap 28% Yet They're Still Not Telling The Full Story

Second quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.015 loss in 2Q 2023)

Take Care Before Jumping Onto Baylin Technologies Inc. (TSE:BYL) Even Though It's 26% Cheaper

First quarter 2024 earnings released: CA$0.013 loss per share (vs CA$0.015 loss in 1Q 2023)

Full year 2023 earnings released: CA$0.094 loss per share (vs CA$0.21 loss in FY 2022)

Baylin Technologies Inc. (TSE:BYL) Surges 35% Yet Its Low P/S Is No Reason For Excitement

Baylin Technologies Inc., Annual General Meeting, May 09, 2024

New minor risk - Share price stability

Baylin Technologies Inc. announced that it expects to receive CAD 1.7 million in funding from 2385796 Ontario Inc.

Chairman of the Board exercised options to buy CA$9.6m worth of stock.

New major risk - Shareholder dilution

Baylin Technologies Inc. has completed a Follow-on Equity Offering in the amount of CAD 11.815438 million.

Baylin Technologies Inc. has filed a Follow-on Equity Offering.

Baylin Technologies Inc. has filed a Follow-on Equity Offering.

Baylin Technologies Appoints Jj Kim, President of Mobile and Network Business

Second quarter 2023 earnings released: CA$0.015 loss per share (vs CA$0.054 loss in 2Q 2022)

Baylin Technologies Inc. Announces the Launch of A New Ka-Band Amplifier Family

Baylin Technologies Inc. announced that it has received CAD 4 million in funding from 2385796 Ontario Inc.

Price target decreased by 19% to CA$0.55

Baylin Technologies Inc. announced that it expects to receive CAD 4 million in funding from 2385796 Ontario Inc.

Baylin Technologies Inc.'s (TSE:BYL) Price Is Right But Growth Is Lacking After Shares Rocket 35%

Full year 2022 earnings: EPS misses analyst expectations

Does Baylin Technologies (TSE:BYL) Have A Healthy Balance Sheet?

Baylin Technologies Inc. Announces Management Changes

Price target decreased to CA$0.68

Insufficient new directors

Third quarter 2022 earnings released: CA$0.061 loss per share (vs CA$0.074 loss in 3Q 2021)

Baylin Technologies Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Baylin Technologies Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Baylin Technologies Subsidiary, Galtronics USA, Expands Its Multibeam Antenna Portfolio

Price target decreased to CA$0.95

Second quarter 2022 earnings released: CA$0.054 loss per share (vs CA$0.64 loss in 2Q 2021)

Baylin Technologies Inc. Provides Financial Guidance for the Second Half of 2022

Is Baylin Technologies (TSE:BYL) Using Too Much Debt?

Insufficient new directors

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Baylin Technologies Inc. Provides Revenue Guidance for the Year 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Baylin Technologies Inc., Annual General Meeting, May 12, 2022

Third quarter 2021 earnings released: CA$0.074 loss per share (vs CA$0.009 loss in 3Q 2020)

Second quarter 2021 earnings released: CA$0.64 loss per share (vs CA$0.12 loss in 2Q 2020)

Baylin Technologies Inc. announced that it expects to receive CAD 10.0008 million in funding

President, CEO & Director Randy Dewey has left the company

President, CEO & Director Randy Dewey has left the company

Chairman of the Board exercised options to buy CA$8.5m worth of stock.

President exercised options to buy CA$59k worth of stock.

Price target decreased to CA$1.32

First quarter 2021 earnings released: CA$0.17 loss per share (vs CA$0.061 loss in 1Q 2020)

Baylin Technologies Inc. Provides Earnings Guidance for Quarter-Over-Quarter of 2021

We Think Baylin Technologies Inc.'s (TSE:BYL) CEO Compensation Package Needs To Be Put Under A Microscope

Baylin Technologies Announces Approval of Macro Base Station Antennas for 5G by Tier 1 Carrier

Would Baylin Technologies (TSE:BYL) Be Better Off With Less Debt?

Chairman of the Board exercised options to buy CA$793k worth of stock.

Baylin Technologies Inc., Annual General Meeting, May 11, 2021

Earnings beat expectations, revenue disappoints

Michael Wolfe to Leave His Position as Baylin Technologies Inc.'s Chief Financial Officer

Full year 2020 earnings released: CA$0.41 loss per share (vs CA$0.49 loss in FY 2019)

Are Insiders Buying Baylin Technologies Inc. (TSE:BYL) Stock?