Sylogist Ltd (TSE:SYZ) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Sylogist Ltd. has reported a strong performance in the fourth quarter and the full year of 2023, with total revenue reaching $16.2 million and $65.5 million respectively, marking significant year-over-year growth. The company’s focus on SaaS offerings has paid off, with a notable 15.7% increase in SaaS subscription revenue in Q4 and a 14.1% increase for the full year. Additionally, Sylogist has demonstrated solid profitability and investment in their own shares, signaling confidence in their business model.
For further insights into TSE:SYZ stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue