Sangoma Technologies Corp
TSX:STC
Income Statement
Earnings Waterfall
Sangoma Technologies Corp
Revenue
|
251.7m
USD
|
Cost of Revenue
|
-77.1m
USD
|
Gross Profit
|
174.7m
USD
|
Operating Expenses
|
-176.6m
USD
|
Operating Income
|
-1.9m
USD
|
Other Expenses
|
-28.1m
USD
|
Net Income
|
-30m
USD
|
Income Statement
Sangoma Technologies Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
13
N/A
|
13
N/A
|
13
-2%
|
13
-1%
|
12
-4%
|
13
+6%
|
14
+6%
|
15
+7%
|
16
+5%
|
16
N/A
|
16
+2%
|
17
+5%
|
18
+7%
|
19
+7%
|
20
+5%
|
25
+24%
|
30
+17%
|
37
+26%
|
45
+21%
|
52
+15%
|
65
+25%
|
74
+14%
|
83
+12%
|
88
+6%
|
84
-4%
|
89
+6%
|
98
+10%
|
97
-1%
|
105
+9%
|
106
+1%
|
131
+24%
|
157
+19%
|
183
+17%
|
210
+15%
|
224
+7%
|
235
+5%
|
244
+4%
|
251
+3%
|
253
+0%
|
252
0%
|
252
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(10)
|
(13)
|
(17)
|
(21)
|
(23)
|
(27)
|
(30)
|
(32)
|
(33)
|
(31)
|
(32)
|
(35)
|
(34)
|
(36)
|
(37)
|
(42)
|
(48)
|
(53)
|
(60)
|
(68)
|
(74)
|
(78)
|
(80)
|
(80)
|
(78)
|
(77)
|
|
Gross Profit |
8
N/A
|
9
+2%
|
9
+1%
|
9
-2%
|
8
-5%
|
9
+8%
|
9
+6%
|
10
+9%
|
11
+8%
|
11
-1%
|
11
+0%
|
11
+3%
|
12
+5%
|
12
+6%
|
13
+6%
|
15
+15%
|
17
+10%
|
20
+22%
|
24
+19%
|
29
+19%
|
38
+30%
|
44
+17%
|
51
+15%
|
54
+7%
|
53
-2%
|
57
+8%
|
63
+11%
|
63
+0%
|
69
+9%
|
70
+1%
|
89
+28%
|
109
+22%
|
129
+19%
|
150
+16%
|
157
+5%
|
161
+3%
|
166
+3%
|
171
+3%
|
173
+1%
|
173
+0%
|
175
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(13)
|
(13)
|
(8)
|
(8)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(14)
|
(15)
|
(18)
|
(21)
|
(25)
|
(33)
|
(40)
|
(45)
|
(49)
|
(47)
|
(50)
|
(56)
|
(55)
|
(59)
|
(60)
|
(84)
|
(107)
|
(131)
|
(157)
|
(162)
|
(167)
|
(172)
|
(174)
|
(176)
|
(176)
|
(177)
|
|
Selling, General & Administrative |
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(8)
|
(9)
|
(10)
|
(12)
|
(14)
|
(18)
|
(21)
|
(24)
|
(26)
|
(26)
|
(28)
|
(31)
|
(32)
|
(37)
|
(37)
|
(48)
|
(63)
|
(75)
|
(91)
|
(94)
|
(97)
|
(99)
|
(98)
|
(101)
|
(101)
|
(100)
|
|
Research & Development |
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(8)
|
(11)
|
(13)
|
(16)
|
(17)
|
(16)
|
(17)
|
(18)
|
(17)
|
(18)
|
(18)
|
(21)
|
(25)
|
(29)
|
(32)
|
(34)
|
(35)
|
(37)
|
(38)
|
(38)
|
(37)
|
(38)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(0)
|
(1)
|
0
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(7)
|
(5)
|
(4)
|
(4)
|
(14)
|
(19)
|
(27)
|
(33)
|
(34)
|
(35)
|
(37)
|
(38)
|
(38)
|
(38)
|
(38)
|
|
Other Operating Expenses |
(5)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(5)
N/A
|
(4)
+7%
|
1
N/A
|
1
-3%
|
1
-8%
|
1
+7%
|
1
-22%
|
0
-18%
|
1
+31%
|
1
+5%
|
0
-55%
|
0
+27%
|
1
+105%
|
1
+17%
|
1
+21%
|
2
+38%
|
2
+17%
|
3
+48%
|
4
+33%
|
4
+25%
|
4
-2%
|
5
+4%
|
6
+22%
|
5
-4%
|
6
+15%
|
7
+16%
|
8
+6%
|
8
+12%
|
10
+17%
|
10
N/A
|
6
-42%
|
2
-60%
|
(1)
N/A
|
(7)
-411%
|
(6)
+16%
|
(6)
-3%
|
(7)
-14%
|
(3)
+60%
|
(3)
-15%
|
(3)
+5%
|
(2)
+32%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(96)
|
(95)
|
(95)
|
(94)
|
(25)
|
(25)
|
(26)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
4
|
5
|
2
|
4
|
4
|
5
|
3
|
1
|
1
|
|
Pre-Tax Income |
(4)
N/A
|
(4)
+8%
|
1
N/A
|
1
+22%
|
1
-43%
|
1
+6%
|
1
-25%
|
1
+12%
|
1
+43%
|
1
-18%
|
0
-70%
|
0
-5%
|
0
+142%
|
1
+46%
|
1
+34%
|
1
+43%
|
2
+26%
|
2
+31%
|
3
+46%
|
2
-27%
|
1
-37%
|
2
+13%
|
2
+38%
|
3
+56%
|
3
-16%
|
4
+36%
|
4
-3%
|
5
+36%
|
8
+61%
|
5
-42%
|
4
-8%
|
(0)
N/A
|
(5)
-1 328%
|
(9)
-73%
|
(104)
-1 074%
|
(103)
+1%
|
(104)
-1%
|
(99)
+4%
|
(32)
+68%
|
(34)
-5%
|
(34)
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(4)
|
(3)
|
(3)
|
(4)
|
(6)
|
(8)
|
(7)
|
(5)
|
3
|
4
|
4
|
|
Income from Continuing Operations |
(4)
|
(4)
|
1
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
1
|
0
|
0
|
1
|
3
|
2
|
3
|
3
|
4
|
7
|
3
|
0
|
(4)
|
(8)
|
(13)
|
(111)
|
(110)
|
(111)
|
(105)
|
(29)
|
(30)
|
(30)
|
|
Net Income (Common) |
(4)
N/A
|
(4)
+7%
|
1
N/A
|
1
+20%
|
0
-42%
|
1
+12%
|
0
-64%
|
0
+25%
|
0
+80%
|
0
-27%
|
0
-70%
|
0
-30%
|
0
+229%
|
0
+57%
|
1
+67%
|
1
+43%
|
1
+30%
|
2
+34%
|
2
+27%
|
1
-55%
|
0
-81%
|
0
+131%
|
1
+224%
|
3
+115%
|
2
-21%
|
3
+23%
|
3
+16%
|
4
+38%
|
7
+63%
|
3
-47%
|
0
-91%
|
(4)
N/A
|
(8)
-118%
|
(13)
-63%
|
(111)
-764%
|
(110)
+0%
|
(111)
0%
|
(105)
+5%
|
(29)
+72%
|
(30)
-2%
|
(30)
-2%
|
|
EPS (Diluted) |
-0.95
N/A
|
-0.89
+6%
|
0.17
N/A
|
0.2
+18%
|
0.12
-40%
|
0.13
+8%
|
0.05
-62%
|
0.05
N/A
|
0.09
+80%
|
0.07
-22%
|
0.02
-71%
|
0.01
-50%
|
0.05
+400%
|
0.07
+40%
|
0.12
+71%
|
0.17
+42%
|
0.21
+24%
|
0.2
-5%
|
0.33
+65%
|
0.11
-67%
|
0.02
-82%
|
0.05
+150%
|
0.15
+200%
|
0.26
+73%
|
0.18
-31%
|
0.22
+22%
|
0.28
+27%
|
0.27
-4%
|
0.4
+48%
|
0.21
-48%
|
0.01
-95%
|
-0.11
N/A
|
-0.24
-118%
|
-0.4
-67%
|
-3.52
-780%
|
-3.35
+5%
|
-3.4
-1%
|
-3.36
+1%
|
-0.88
+74%
|
-0.89
-1%
|
-0.9
-1%
|