Sangoma Technologies Full Year 2024 Earnings: EPS Misses Expectations

Sangoma Technologies (TSE:STC) Full Year 2024 Results

Key Financial Results

• Revenue: US$247.3m (down 2.1% from FY 2023).
• Net loss: US$8.66m (loss narrowed by 70% from FY 2023).
• US$0.26 loss per share (improved from US$0.88 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sangoma Technologies EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.3%.

The primary driver behind last 12 months revenue was the United States of America (USA) segment contributing a total revenue of US$463.1m (187% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$57.8m (32% of total expenses). Explore how STC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Communications industry in Canada.

Performance of the Canadian Communications industry.

The company's shares are down 2.9% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Sangoma Technologies' balance sheet and an in-depth analysis of the company's financial position.

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