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Sangoma Technologies Corporation

Sangoma Technologies Corporation

STC.TO
Sangoma Technologies CorporationCA flagToronto Stock Exchange
5.68
CAD
+0.19
- -
189.02MMarket Cap
Sangoma Technologies Corporation
STC.TO
(Toronto Stock Exchange)

Recent

price

5.68

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.82
2.85
3.2
2.94
3.15
3
3.53
4.45
8.11
11.48
9.44
4.54
7.13
7.62
7.44
7.07
6.41
Revenue per Share
0.6
-0.9
0.1
-0.99
0.17
0.05
0.02
0.13
0.35
0.16
0.28
0.01
-3.52
-0.88
-0.26
-0.15
-0.19
Basic EPS, GAAP
0.65
0.32
-0.48
-0.17
0.22
0.16
0.24
0.46
0.71
0.94
0.67
0.55
0.51
0.68
1.21
1.18
0.73
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.42
0.6
0.68
3.16
3.33
2.96
2.7
2.82
4.63
4.12
5.26
6.18
3.14
7.45
7.19
6.96
6.84
Book Value per Share
2.57
3.39
3.19
2.69
2.88
1.49
1.43
1.56
2.42
-1.17
-1.58
-3
-3.51
-2.58
-1.8
-0.96
-0.41
Tangible Book Value per Share
4
4
4
4
4
4
5
5
5
7
10
29
31
33
33
33
33
Basic Weighted Avg Shares
12
12
14
12
13
13
16
21
44
84
96
131
224
253
247
237
213
Sales/Revenue/Turnover
26.97
4.81
4.66
-1.55
6.39
4.06
2.08
5.34
7.65
6.67
7.75
4.32
-2.46
-1.17
-0.43
-0.54
-2.12
Operating Margin (%)
1
3
2
2
2
2
2
2
3
5
9
17
39
45
45
45
43
Depreciation Expense
3
-4
- -
-4
1
- -
- -
1
2
1
3
- -
-111
-29
-9
-5
-6
Net Income, GAAP
11.58
- -
49.46
- -
23.83
58.2
59.62
32.79
37.86
46.55
23.08
93.57
- -
- -
- -
- -
- -
Effective Tax Rate (%)
21.16
-31.69
3.02
-33.47
5.33
1.55
0.54
2.98
4.28
1.4
2.97
0.21
-49.38
-11.49
-3.5
-2.12
-3.04
Profit Margin (%)
9
13
11
10
11
5
5
6
15
4
3
-2
-18
-2
-3
-7
-5
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
3
14
35
72
101
95
67
34
18
LT Debt
21
20
20
15
15
14
14
15
27
32
55
376
294
266
260
254
248
Total Equity
15.06
- -
1.61
- -
4.23
1.46
0.9
4.48
8.6
7.41
7.34
0.13
- -
- -
- -
- -
- -
Return on Invested Capital (%)
54.03
- -
14.59
- -
5.12
1.58
0.89
4.5
8.92
4.59
5.7
0.22
- -
- -
- -
- -
- -
Return on Capital (%)
55.41
-90.48
14.96
-51.19
5.12
1.53
0.69
4.81
9.82
4.27
6.84
0.24
-79.76
-16.81
-3.57
-2.12
-2.79
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
22
22
22
LT Borrowings
22
17
12
LT Finance Leases
6
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
231
229
182

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
43
40
41
Cash, Cash Equivalents & STI
16
17
15
Accounts Receivable, Net
13
9
10
Inventories
8
7
7
Total Current Liabilities
49
46
45
Payables & Accruals
20
19
19
ST Debt
22
22
22
Deferred Revenue
7
5
3

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
72.41%
109.93%
-2.13%
Free Cash Flow
56.23%
50.09%
-1.8%
Net Income, GAAP
-3,881.09%
-7,931.99%
-42.14%
Sales/Revenue/Turnover
38.2%
22.7%
-4.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
63
62
61
61
247
2025
60
59
58
59
237
2026
51
51
51
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
-0.1
-0.04
- -
-0.26
2025
-0.06
-0.06
-0.04
- -
-0.15
2026
-0.07
-0.06
-0.07
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Sangoma Technologies Corporation (TSX: STC; NASDAQ: SANG) develops, manufactures, distributes and supports voice and data connectivity components for software-based communication applications worldwide. Founded in 1984 and headquartered in Markham, Ontario, Canada, the company offers a comprehensive portfolio of Communications-as-a-Service (CaaS) solutions, including pure cloud and hybrid unified communications as a service (UCaaS), on-premises systems; retail and wholesale SIP trunking, fax as a service; Sangoma TeamHub, a unified communications and collaboration platform; Sangoma Meet, a multi-party video conferencing solution; Sangoma CX, a cloud-native contact center suite; productivity applications such as appointment suite, call flow, curbside, phone monitor, send and urgent notify; managed security services encompassing antispam, web filtering, antivirus, botnet and domain reputation, app control and intrusion prevention; and network management solutions including managed internet, VPN, SD-WAN and secure Wi-Fi access points. It further provides open-source software products like Asterisk, FreePBX and PBXact; VoIP hardware comprising desktop and wireless phones, network connectivity hardware, wireless and wired headsets, accessories, analog and digital telephony cards, Wi-Fi access points, session border controllers, VoIP gateways and PSTN interface and media processing boards. Sangoma serves small- to medium-sized businesses, enterprises, carriers and service providers primarily in North America, Europe and Asia through a global network of resellers, system integrators and cloud service providers, with key revenue generated from the United States. In recent developments, Sangoma launched the Pinnacle Partner Program in November 2024 to unify its product offerings post-integration of nine acquisitions and streamline partner engagement. The company reported first quarter fiscal 2026 results in November 2025, reflecting a 3% year-over-year revenue decline to $50.8 million amid strategic reinvestments, while securing initial wholesale channel deals exceeding $10,000 monthly recurring revenue and closing a $150,000 MRR enterprise bundle; it plans $2 million in incremental SG&A investments for customer acquisition, partner enablement and go-to-market expansion in verticals like healthcare, education, retail and hospitality. Additional strategic moves include a partnership with Amazon Web Services announced in summer 2025 for scalable UCaaS infrastructure and co-selling opportunities, alongside the sale of its VoIP Supply business in fiscal 2025 to focus on high-margin SaaS platforms, and ongoing evaluation of accretive M&A targets following ERP system completion.