Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sylogist ( (TSE:SYZ) ) has provided an update.
Sylogist reported strong financial results for Q4 and the full year 2024, with significant growth in SaaS ARR and recurring revenues. The company’s strategic transition to a SaaS-driven model has been successful, despite a temporary impact on top-line growth due to shifting project service revenue to partners, which is expected to enhance long-term operating leverage.
More about Sylogist
Sylogist Ltd. is a leading public sector SaaS company, focusing on providing software solutions for the public sector.
YTD Price Performance: -1.13%
Average Trading Volume: 56,052
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$208M
Find detailed analytics on SYZ stock on TipRanks’ Stock Analysis page.