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Converge Technology Solutions Corp. (CTSDF)
Key financial summary
Financials in CAD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CAD m | 688 | 949 | 1,528 | 2,165 | 2,705 | 2,592 | 2,592 |
| Operating profit | CAD m | 61 | 61 | |||||
| Net profit | CAD m | -11 | -4 | 16 | 27 | -1 | -178 | -178 |
| EPS reported | CAD | -0.90 | -0.89 | |||||
| Operating cashflow per share | CAD | 1.36 | 1.36 | |||||
| Capex per share | CAD | 0.01 | 0.01 | |||||
| FCF per share | CAD | 1.36 | 1.36 | |||||
| Free cash flow | CAD m | 268 | 253 | |||||
| Net debt | CAD m | 114 | 114 | |||||
| Book value equity | CAD m | 359 | 359 | |||||
| Book value per share | CAD | 1.81 | 1.90 | |||||
| Number of shares | m | 197.71 | 188.61 | |||||
| DPS (TTM paid) | CAD | 0.05 | 0.05 |
Financial summary
Financials in CAD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 1.81 | 3.23 | |||||
| P/S LTM | x | 0.25 | 0.45 | |||||
| P/FCF LTM | x | 2.43 | 4.58 | |||||
| EV/EBITDA LTM | x | -11.07 | -20.17 | |||||
| EV/Sales LTM | x | 0.30 | 0.49 | |||||
| Earnings Yield LTM | % | -27.29% | -14.63% | |||||
| FCF Yield | % | 41.15% | 21.83% | |||||
| Quality | ||||||||
| ROE | % | -49.54% | -37.61% | |||||
| ROIC | % | 6.38% | 6.38% | |||||
| Operating margin | % | 2.35% | 2.35% | |||||
| Gross margin | % | 26.68% | 26.68% | |||||
| FCF/Sales | % | 10.34% | 10.34% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -4.18% | -4.18% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | +22.51% | +22.51% | |||||
| Operating Profit Growth | % | +30.85% | +30.85% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 1.66% | 0.75% | |||||
| Dividend Growth | % | +82.05% | - | |||||
| Payout Ratio | % | -6.06% | -6.12% | |||||
| FCF/Debt | x | 1.05 | 0.99 | |||||
| Net Debt/EBITDA | x | -1.65 | -1.65 | |||||
| EBIT/Net interest | x | 1.97 | 1.97 | |||||
| Net debt/market cap | % | 17.45% | 9.80% | |||||
| Net debt/Equity | x | 0.32 | 0.32 | |||||
| Gross debt/equity | x | 0.71 | 0.71 | |||||
Company overview
Converge Technology Solutions Corp. delivers integrated information technology and cloud-based services, powered by software, to both corporate and public sector clients across North America. The company's comprehensive approach offers specialized solutions in areas such as advanced data analytics, application modernization, cloud computing, cyber protection, digital foundational systems, and optimizing digital work environments for diverse industries. Converge actively develops offerings encompassing network management, system virtualization, data storage, robust disaster recovery strategies, and uninterrupted replication of vital applications, infrastructure, information, and core systems. This supports clients in establishing data centers, evaluating and developing optimal public and private cloud architectures, and implementing essential communication platforms like email, voice, and video, alongside enterprise-grade networking, security tools, and infrastructure components. Furthermore, their portfolio includes hardware such as personal computers, notebooks, and various computing accessories. They also provide mobile location-aware technologies and develop specialized software leveraging blockchain for secure privacy, access control, and identity management. Complementing these offerings, Converge delivers a wide array of services, including managed and hosted solutions, advanced cybersecurity measures, cloud computing and analytical support, system architectural design, professional consulting, staffing, and comprehensive lifecycle and desktop recovery services. Established in 2016, Converge Technology Solutions Corp. maintains its primary corporate office in Gatineau, Canada.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Converge Technology Solutions Corp. (CTSDF)
Converge Technology Solutions Corp. delivers integrated information technology and cloud-based services, powered by software, to both corporate and public sector clients across North America. The company's comprehensive approach offers specialized solutions in areas such as advanced data analytics, application modernization, cloud computing, cyber protection, digital foundational systems, and optimizing digital work environments for diverse industries. Converge actively develops offerings encompassing network management, system virtualization, data storage, robust disaster recovery strategies, and uninterrupted replication of vital applications, infrastructure, information, and core systems. This supports clients in establishing data centers, evaluating and developing optimal public and private cloud architectures, and implementing essential communication platforms like email, voice, and video, alongside enterprise-grade networking, security tools, and infrastructure components. Furthermore, their portfolio includes hardware such as personal computers, notebooks, and various computing accessories. They also provide mobile location-aware technologies and develop specialized software leveraging blockchain for secure privacy, access control, and identity management. Complementing these offerings, Converge delivers a wide array of services, including managed and hosted solutions, advanced cybersecurity measures, cloud computing and analytical support, system architectural design, professional consulting, staffing, and comprehensive lifecycle and desktop recovery services. Established in 2016, Converge Technology Solutions Corp. maintains its primary corporate office in Gatineau, Canada.
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