Sangoma Technologies Corporation
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Jun 30, 2025 | FY 2024Jun 30, 2024 | FY 2023Jun 30, 2023 | FY 2022Jun 30, 2022 | FY 2021Jun 30, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 236.7M | 247.3M | 252.5M | 224.4M | -- |
| Operating Revenue | 236.7M | 247.3M | 252.5M | 224.4M | -- |
| Cost Of Revenue | 74.9M | 74.5M | 79.7M | 67.5M | -- |
| Gross Profit | 161.7M | 172.8M | 172.8M | 156.9M | -- |
| Selling General And Administration | 88.1M | 101.0M | 104.3M | 128.3M | -- |
| General And Administrative Expense | 37.1M | 43.2M | 42.4M | 75.2M | -- |
| Research And Development | 42.1M | 39.5M | 37.5M | 34.2M | -- |
| Depreciation And Amortization In Income Statement | 32.8M | 33.3M | 33.9M | -- | -- |
| Operating Expense | 163.0M | 173.9M | 175.7M | 162.4M | -- |
| Operating Income | -1.3M | -1.1M | -2.9M | -5.5M | -- |
| EBIT | -2.1M | -2.8M | -25.2M | -100.5M | -- |
| Interest Expense | 4.3M | 6.7M | 6.8M | 3.9M | -- |
| Interest Expense Non Operating | 4.3M | 6.7M | 6.8M | 3.9M | -- |
| Interest Income | 242,000 | 25,000 | 41,000 | 12,000 | -- |
| Interest Income Non Operating | 242,000 | 25,000 | 41,000 | 12,000 | -- |
| Net Interest Income | -4.0M | -6.6M | -6.8M | -3.9M | -- |
| Other Income Expense | -1.1M | -1.8M | -22.2M | -95.0M | -- |
| Other Non Operating Income Expenses | -- | -202,000 | 3.0M | -1.1M | -- |
| Special Income Charges | -1.1M | -1.8M | -22.2M | -93.6M | -- |
| Restructuring And Mergern Acquisition | 961,000 | 1.8M | -265,000 | 1.9M | -- |
| Gain On Sale Of Security | -- | -- | 15,000 | -358,000 | 343,000 |
| Pretax Income | -6.3M | -9.5M | -32.0M | -104.4M | -- |
| Tax Provision | -1.3M | -840,000 | -2.9M | 6.4M | -- |
| Tax Effect Of Unusual Items | -222,762 | -158,998 | -2.0M | -24.6M | -- |
| Net Income From Continuing And Discontinued Operation | -5.0M | -8.7M | -29.0M | -110.8M | -- |
| Net Income From Continuing Operation Net Minority Interest | -5.0M | -8.7M | -29.0M | -110.8M | -- |
| Net Income Including Noncontrolling Interests | -5.0M | -8.7M | -29.0M | -110.8M | -- |
| Net Income Common Stockholders | -5.0M | -8.7M | -29.0M | -110.8M | -- |
| Net Income | -5.0M | -8.7M | -29.0M | -110.8M | -- |
| EBITDA | 43.0M | 42.3M | 20.0M | -61.2M | -- |
| Normalized EBITDA | 44.0M | 44.1M | 42.2M | 32.8M | -- |
| Reconciled Depreciation | 45.0M | 45.2M | 45.1M | 39.4M | -- |
| Basic EPS | -0.15 | -0.26 | -0.88 | -3.52 | -- |
| Diluted EPS | -0.15 | -0.26 | -0.88 | -3.52 | -- |
| Basic Average Shares | 33.5M | 33.2M | 33.1M | 31.5M | -- |
| Diluted Average Shares | 33.5M | 33.2M | 33.1M | 31.5M | -- |
| Total Unusual Items | -1.1M | -1.8M | -22.2M | -94.0M | -- |
| Total Unusual Items Excluding Goodwill | -1.1M | -1.8M | -22.2M | -94.0M | -- |
| Tax Rate For Calcs | 0.21 | 0.09 | 0.09 | 0.26 | -- |
| Normalized Income | -4.2M | -7.0M | -8.8M | -41.5M | -- |
| Amortization | 32.8M | 33.3M | 33.9M | -- | -- |
| Amortization Of Intangibles Income Statement | 32.8M | 33.3M | 33.9M | -- | -- |
| Depreciation Amortization Depletion Income Statement | 32.8M | 33.3M | 33.9M | -- | -- |
| Diluted NI Availto Com Stockholders | -5.0M | -8.7M | -29.0M | -110.8M | -- |
| Gain On Sale Of Business | -99,000 | 0.00 | -- | -- | -- |
| Impairment Of Capital Assets | -- | 0.00 | 22.5M | 91.7M | 0.00 |
| Net Income Continuous Operations | -5.0M | -8.7M | -29.0M | -110.8M | -- |
| Net Non Operating Interest Income Expense | -4.0M | -6.6M | -6.8M | -3.9M | -- |
| Other Gand A | 37.1M | 43.2M | 42.4M | 75.2M | -- |
| Reconciled Cost Of Revenue | 62.7M | 62.6M | 68.5M | 67.5M | -- |
| Selling And Marketing Expense | 51.0M | 57.8M | 61.9M | 53.1M | -- |
| Total Expenses | 238.0M | 248.3M | 255.5M | 229.9M | -- |
| Line Item | FY 2025Jun 30, 2025 | FY 2024Jun 30, 2024 | FY 2023Jun 30, 2023 | FY 2022Jun 30, 2022 | FY 2021Jun 30, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 13.5M | 16.2M | 11.2M | 12.7M | -- |
| Cash Cash Equivalents And Short Term Investments | 13.5M | 16.2M | 11.2M | 12.7M | -- |
| Cash Financial | 13.5M | 16.2M | 11.2M | 12.7M | -- |
| Accounts Receivable | 10.6M | 16.0M | 16.1M | 16.0M | -- |
| Receivables | 17.0M | 21.5M | 27.1M | 25.2M | -- |
| Inventory | 8.2M | 14.8M | 18.0M | 17.4M | -- |
| Other Current Assets | 3.6M | 3.9M | 4.4M | 4.4M | -- |
| Current Assets | 42.6M | 57.1M | 61.9M | 60.3M | -- |
| Gross PPE | 38.5M | 42.4M | 41.4M | 39.4M | -- |
| Accumulated Depreciation | -24.8M | -23.9M | -19.1M | -12.2M | -- |
| Net PPE | 13.6M | 18.6M | 22.3M | 27.2M | -- |
| Goodwill | 186.8M | 187.5M | 187.5M | 210.0M | -- |
| Goodwill And Other Intangible Assets | 286.4M | 319.4M | 351.5M | 404.2M | -- |
| Other Intangible Assets | 99.6M | 131.9M | 164.0M | 194.2M | -- |
| Other Non Current Assets | 369,000 | 466,000 | 422,000 | 709,000 | -- |
| Total Non Current Assets | 303.9M | 343.5M | 381.1M | 438.2M | -- |
| Total Assets | 346.5M | 400.6M | 443.0M | 498.5M | -- |
| Current Debt | 20.6M | 19.9M | 17.7M | 17.7M | -- |
| Current Debt And Capital Lease Obligation | 22.1M | 22.6M | 20.4M | 21.3M | -- |
| Accounts Payable | 15.6M | 21.4M | 24.1M | 28.6M | -- |
| Payables | 20.2M | 27.5M | 31.9M | 45.3M | -- |
| Payables And Accrued Expenses | 20.2M | 27.5M | 31.9M | 45.3M | -- |
| Current Deferred Revenue | 7.0M | 9.6M | 10.9M | 11.6M | -- |
| Other Current Liabilities | -- | -- | -- | -- | 333,000 |
| Current Liabilities | 49.5M | 60.1M | 63.5M | 78.4M | -- |
| Long Term Debt | 27.3M | 58.0M | 83.1M | 86.9M | -- |
| Long Term Debt And Capital Lease Obligation | 34.1M | 66.5M | 94.7M | 101.3M | -- |
| Long Term Capital Lease Obligation | 6.8M | 8.6M | 11.6M | 14.4M | -- |
| Other Non Current Liabilities | 1.8M | 1.3M | 766,000 | 1.1M | -- |
| Total Non Current Liabilities Net Minority Interest | 42.9M | 80.8M | 113.4M | 126.3M | -- |
| Total Liabilities Net Minority Interest | 92.3M | 140.9M | 176.9M | 204.7M | -- |
| Common Stock | 380.1M | 381.0M | 379.9M | 203.0M | -- |
| Capital Stock | 380.1M | 381.0M | 379.9M | 203.0M | -- |
| Additional Paid In Capital | 20.9M | 20.1M | 18.1M | 15.1M | -- |
| Retained Earnings | -146.9M | -141.9M | -133.3M | -104.2M | -- |
| Gains Losses Not Affecting Retained Earnings | 65,000 | 626,000 | 1.3M | 839,000 | -- |
| Other Equity Adjustments | 65,000 | 626,000 | 1.3M | 839,000 | -- |
| Common Stock Equity | 254.2M | 259.7M | 266.1M | 293.8M | -- |
| Stockholders Equity | 254.2M | 259.7M | 266.1M | 293.8M | -- |
| Total Equity Gross Minority Interest | 254.2M | 259.7M | 266.1M | 293.8M | -- |
| Total Capitalization | 281.5M | 317.7M | 349.2M | 380.7M | -- |
| Net Tangible Assets | -32.2M | -59.7M | -85.4M | -110.4M | -- |
| Tangible Book Value | -32.2M | -59.7M | -85.4M | -110.4M | -- |
| Working Capital | -6.9M | -3.0M | -1.6M | -18.1M | -- |
| Invested Capital | 302.1M | 337.6M | 366.9M | 398.4M | -- |
| Total Debt | 56.1M | 89.1M | 115.2M | 122.6M | -- |
| Net Debt | 34.4M | 61.6M | 89.7M | 91.9M | -- |
| Share Issued | 33.3M | 33.3M | 33.0M | 21.4M | -- |
| Ordinary Shares Number | 33.3M | 33.3M | 33.0M | 21.4M | -- |
| Accrued Interest Receivable | -- | -- | -- | 0.00 | 663,000 |
| Allowance For Doubtful Accounts Receivable | -496,000 | -1.4M | -1.6M | -2.3M | -- |
| Capital Lease Obligations | 8.2M | 11.3M | 14.3M | 18.0M | -- |
| Current Capital Lease Obligation | 1.5M | 2.7M | 2.7M | 3.6M | -- |
| Current Deferred Liabilities | 7.0M | 9.6M | 10.9M | 11.6M | -- |
| Current Provisions | 172,000 | 405,000 | 237,000 | 200,000 | -- |
| Financial Assets | 41,000 | 320,000 | 768,000 | 700,000 | -- |
| Finished Goods | 4.3M | 10.7M | 13.9M | 13.2M | -- |
| Gross Accounts Receivable | 11.1M | 17.4M | 17.6M | 18.3M | -- |
| Hedging Assets Current | 254,000 | 727,000 | 1.2M | 648,000 | -- |
| Income Tax Payable | 647,000 | 115,000 | 61,000 | 1.9M | -- |
| Inventories Adjustments Allowances | -1.3M | -1.5M | -1.1M | -919,000 | -- |
| Leases | 510,000 | 510,000 | 450,000 | 475,000 | -- |
| Machinery Furniture Equipment | 7.1M | 6.5M | 5.8M | 5.2M | -- |
| Non Current Accounts Receivable | 1.8M | 2.4M | 2.9M | 2.6M | -- |
| Non Current Deferred Assets | 1.7M | 2.3M | 3.2M | 2.8M | -- |
| Non Current Deferred Liabilities | 7.0M | 13.0M | 17.9M | 20.1M | -- |
| Non Current Deferred Revenue | 2.7M | 3.1M | 3.6M | 3.5M | -- |
| Non Current Deferred Taxes Assets | 1.7M | 2.3M | 3.2M | 2.8M | -- |
| Non Current Deferred Taxes Liabilities | 4.3M | 9.9M | 14.3M | 16.7M | -- |
| Other Current Borrowings | 20.6M | 19.9M | 17.7M | 17.7M | -- |
| Other Equity Interest | -- | -- | -- | 179.1M | 192.1M |
| Other Payable | -- | -- | 1.9M | 9.0M | 2.3M |
| Other Properties | 30.9M | 35.5M | 35.1M | 33.7M | -- |
| Other Receivables | 5.7M | 4.0M | 7.6M | 9.1M | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Raw Materials | 5.3M | 5.5M | 5.2M | 5.2M | -- |
| Taxes Receivable | 715,000 | 1.4M | 3.5M | 0.00 | -- |
| Total Tax Payable | 4.7M | 6.1M | 5.9M | 7.8M | -- |
| Tradeand Other Payables Non Current | -- | -- | 0.00 | 3.8M | 6.8M |
| Line Item | FY 2025Jun 30, 2025 | FY 2024Jun 30, 2024 | FY 2023Jun 30, 2023 | FY 2022Jun 30, 2022 | FY 2021Jun 30, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 41.8M | 44.2M | 26.5M | 21.1M | -- |
| Cash Flow From Continuing Operating Activities | 41.8M | 44.2M | 26.5M | 21.1M | -- |
| Depreciation And Amortization | 45.0M | 45.2M | 45.1M | 39.4M | -- |
| Depreciation Amortization Depletion | 45.0M | 45.2M | 45.1M | 39.4M | -- |
| Stock Based Compensation | 2.9M | 3.0M | 3.1M | 9.9M | -- |
| Deferred Tax | -1.3M | -840,000 | -2.9M | 6.4M | -- |
| Deferred Income Tax | -1.3M | -840,000 | -2.9M | 6.4M | -- |
| Change In Working Capital | 1.9M | 3.9M | -6.8M | -13.3M | -- |
| Changes In Account Receivables | 5.8M | 3.3M | -15,000 | 1.6M | -- |
| Change In Receivables | 7.0M | 3.9M | -854,000 | -643,000 | -- |
| Change In Inventory | 3.7M | 3.2M | -544,000 | -5.2M | -- |
| Change In Payables And Accrued Expense | -6.5M | -2.5M | -4.8M | -4.2M | -- |
| Change In Payable | -6.5M | -2.5M | -4.8M | -4.2M | -- |
| Change In Other Working Capital | -3.2M | -1.7M | -479,000 | -2.6M | -- |
| Change In Other Current Assets | 197,000 | 509,000 | 231,000 | -611,000 | -- |
| Change In Other Current Liabilities | 691,000 | 566,000 | -305,000 | -81,000 | -- |
| Other Non Cash Items | 301,000 | 596,000 | -2.1M | -1.1M | -- |
| Capital Expenditure | -8.8M | -10.9M | -11.3M | -5.1M | -- |
| Purchase Of PPE | -2.4M | -4.1M | -4.0M | -1.9M | -- |
| Net PPE Purchase And Sale | -2.4M | -4.1M | -4.0M | -1.9M | -- |
| Purchase Of Business | -- | -- | 0.00 | -50.7M | -105.6M |
| Investing Cash Flow | -8.8M | -10.9M | -11.3M | -55.8M | -- |
| Cash Flow From Continuing Investing Activities | -8.8M | -10.9M | -11.3M | -55.8M | -- |
| Issuance Of Debt | -- | 0.00 | 13.9M | 45.0M | 52.5M |
| Repayment Of Debt | -32.8M | -26.2M | -21.8M | -18.7M | -- |
| Net Issuance Payments Of Debt | -32.8M | -26.2M | -7.9M | 26.3M | -- |
| Issuance Of Capital Stock | -- | -- | -- | 0.00 | 56.3M |
| Repurchase Of Capital Stock | -2.8M | 0.00 | -605,000 | 0.00 | -- |
| Net Common Stock Issuance | -2.8M | 0.00 | -605,000 | 0.00 | -- |
| Common Stock Payments | -2.8M | 0.00 | -605,000 | 0.00 | -- |
| Financing Cash Flow | -35.7M | -28.3M | -16.8M | 25.4M | -- |
| Cash Flow From Continuing Financing Activities | -35.7M | -28.3M | -16.8M | 25.4M | -- |
| Effect Of Exchange Rate Changes | -- | -- | -- | -- | -2.1M |
| Changes In Cash | -2.7M | 5.1M | -1.5M | -9.4M | -- |
| Beginning Cash Position | 16.2M | 11.2M | 12.7M | 22.1M | -- |
| End Cash Position | 13.5M | 16.2M | 11.2M | 12.7M | -- |
| Free Cash Flow | 32.9M | 33.3M | 15.2M | 16.0M | -- |
| Amortization Cash Flow | 38.4M | 37.8M | 36.6M | 32.9M | -- |
| Amortization Of Intangibles | 38.4M | 37.8M | 36.6M | 32.9M | -- |
| Asset Impairment Charge | -- | 0.00 | 22.5M | 91.7M | 0.00 |
| Change In Account Payable | -4.6M | -2.6M | -4.5M | -3.2M | -- |
| Change In Income Tax Payable | -1.9M | 88,000 | -343,000 | -930,000 | -- |
| Change In Tax Payable | -1.9M | 88,000 | -343,000 | -930,000 | -- |
| Common Stock Issuance | -- | -- | -- | 0.00 | 56.3M |
| Depreciation | 6.6M | 7.4M | 8.5M | 6.5M | -- |
| Gain Loss On Sale Of Business | 99,000 | 0.00 | -- | -- | -- |
| Gain Loss On Sale Of PPE | 220,000 | 393,000 | 409,000 | 266,000 | -- |
| Long Term Debt Issuance | -- | 0.00 | 13.9M | 45.0M | 52.5M |
| Long Term Debt Payments | -32.8M | -26.2M | -21.8M | -18.7M | -- |
| Net Business Purchase And Sale | -- | -- | 0.00 | -50.7M | -105.6M |
| Net Foreign Currency Exchange Gain Loss | -50,000 | 75,000 | 193,000 | 174,000 | -- |
| Net Income From Continuing Operations | -5.0M | -8.7M | -29.0M | -110.8M | -- |
| Net Intangibles Purchase And Sale | -6.4M | -6.8M | -7.2M | -3.2M | -- |
| Net Long Term Debt Issuance | -32.8M | -26.2M | -7.9M | 26.3M | -- |
| Net Other Financing Charges | -- | -2.1M | -8.3M | -1.4M | -- |
| Operating Gains Losses | 269,000 | 468,000 | 602,000 | 440,000 | -- |
| Proceeds From Stock Option Exercised | -- | 0.00 | 44,000 | 532,000 | 228,000 |
| Purchase Of Intangibles | -- | -- | -- | -3.2M | -1.6M |
| Taxes Refund Paid | -2.3M | 662,000 | -4.0M | -1.6M | -- |