Sangoma Technologies Corporation

TSX:STC Stock Report

Market Cap: CA$168.4m

Sangoma Technologies Past Earnings Performance

Past criteria checks 0/6

Sangoma Technologies has been growing earnings at an average annual rate of 21.8%, while the Communications industry saw earnings growing at 1.3% annually. Revenues have been growing at an average rate of 7.2% per year.

Key information

21.75%

Earnings growth rate

21.06%

EPS growth rate

Communications Industry Growth18.75%
Revenue growth rate7.23%
Return on equity-2.60%
Net Margin-3.04%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

New Narrative Jun 05

Infrastructure Headwinds And Slow Deployments Will Test AI Usage Potential Over Time

Catalysts About Sangoma Technologies Sangoma Technologies provides communications infrastructure and applications that support voice, data and AI-enabled services for business customers. What are the underlying business or industry changes driving this perspective?
Analysis Article Apr 27

Sangoma Technologies Corporation's (TSE:STC) Shares Climb 28% But Its Business Is Yet to Catch Up

Those holding Sangoma Technologies Corporation ( TSE:STC ) shares would be relieved that the share price has rebounded...
Analysis Article Feb 26

More Unpleasant Surprises Could Be In Store For Sangoma Technologies Corporation's (TSE:STC) Shares After Tumbling 27%

Sangoma Technologies Corporation ( TSE:STC ) shareholders won't be pleased to see that the share price has had a very...
Analysis Article Jul 23

Would Sangoma Technologies (TSE:STC) Be Better Off With Less Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 31

There's No Escaping Sangoma Technologies Corporation's (TSE:STC) Muted Revenues Despite A 28% Share Price Rise

Despite an already strong run, Sangoma Technologies Corporation ( TSE:STC ) shares have been powering on, with a gain...
Analysis Article May 11

Earnings Update: Here's Why Analysts Just Lifted Their Sangoma Technologies Corporation (TSE:STC) Price Target To CA$9.03

As you might know, Sangoma Technologies Corporation ( TSE:STC ) recently reported its quarterly numbers. Sangoma...
Analysis Article Mar 30

Sangoma Technologies Corporation's (TSE:STC) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Despite an already strong run, Sangoma Technologies Corporation ( TSE:STC ) shares have been powering on, with a gain...
Analysis Article Feb 13

Sangoma Technologies Corporation (TSE:STC) Shares Fly 26% But Investors Aren't Buying For Growth

Sangoma Technologies Corporation ( TSE:STC ) shares have continued their recent momentum with a 26% gain in the last...
Analysis Article Jul 27

Is Sangoma Technologies (TSE:STC) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Apr 18

Is Sangoma Technologies (TSE:STC) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 12

Analysts Have Lowered Expectations For Sangoma Technologies Corporation (TSE:STC) After Its Latest Results

It's shaping up to be a tough period for Sangoma Technologies Corporation ( TSE:STC ), which a week ago released some...
Analysis Article Sep 20

Is Sangoma Technologies (TSE:STC) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Revenue & Expenses Breakdown

How Sangoma Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:STC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26213-68143
31 Dec 25220-68342
30 Sep 25227-58542
30 Jun 25237-58842
31 Mar 25238-79042
31 Dec 24241-79342
30 Sep 24244-89642
30 Jun 24247-910140
31 Mar 24250-3110439
31 Dec 23252-3010538
30 Sep 23252-299737
30 Jun 23253-2910437
31 Mar 23255-10511438
31 Dec 22246-11112037
30 Sep 22237-11013435
30 Jun 22224-11112834
31 Mar 22208-1312332
31 Dec 21183-810229
30 Sep 21157-48225
30 Jun 2113106221
31 Mar 2110944319
31 Dec 2010974319
30 Sep 2010444118
30 Jun 209733718
31 Mar 209023417
31 Dec 199223417
30 Sep 198833217
30 Jun 198413016
31 Mar 197302613
31 Dec 186202111
30 Sep 18521178
30 Jun 18442146
31 Mar 18371135
31 Dec 17301114
30 Sep 17261104
30 Jun 1721184
31 Mar 1719084
31 Dec 1618074
30 Sep 1617074
30 Jun 1616074
31 Mar 1616073
31 Dec 1514063
30 Sep 1514063
30 Jun 1513063

Quality Earnings: STC is currently unprofitable.

Growing Profit Margin: STC is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: STC is unprofitable, but has reduced losses over the past 5 years at a rate of 21.8% per year.

Accelerating Growth: Unable to compare STC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: STC is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (11.5%).


Return on Equity

High ROE: STC has a negative Return on Equity (-2.6%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 11:21
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sangoma Technologies Corporation is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Gavin FairweatherATB Cormark
Deepak KaushalBMO Capital Markets Equity Research