Sylogist Reports Strong Q2 2025 Financial Results with Significant SaaS Growth

An update from Sylogist ( (TSE:SYZ) ) is now available.

Sylogist Ltd. reported strong financial results for the second quarter of 2025, highlighting significant growth in SaaS revenue and bookings. The company’s SaaS Annual Recurring Revenue (ARR) increased by 12.5% year-over-year to $31.7 million, while total ARR rose by 3% to $43.8 million. Bookings surged by 33% to $17.1 million, reflecting the company’s strategic focus on product innovation, AI, and partner-led delivery. These results underscore Sylogist’s positive growth trajectory and operational excellence, with a gross profit margin of 58% and recurring revenue constituting 70% of total revenue. The Board of Directors declared a quarterly dividend of $0.01 per share, reinforcing the company’s commitment to shareholder value.

The most recent analyst rating on (TSE:SYZ) stock is a Buy with a C$12.50 price target. To see the full list of analyst forecasts on Sylogist stock, see the TSE:SYZ Stock Forecast page.

Spark’s Take on TSE:SYZ Stock

According to Spark, TipRanks’ AI Analyst, TSE:SYZ is a Neutral.

Sylogist’s overall stock score reflects its strong strategic execution and growth in SaaS bookings and ARR, despite concerns about revenue declines and high leverage. The stock’s technical indicators suggest short-term positivity but caution is advised due to overbought signals. The negative P/E ratio and low dividend yield impact its valuation score.

To see Spark’s full report on TSE:SYZ stock, click here.

More about Sylogist

Sylogist Ltd. is a leading public sector SaaS company providing mission-critical solutions to over 2,000 customers globally in the government, non-profit, and education sectors. The company’s stock is traded on the Toronto Stock Exchange under the symbol SYZ.

Average Trading Volume: 30,381

Technical Sentiment Signal: Buy

Current Market Cap: C$211.7M

For detailed information about SYZ stock, go to TipRanks’ Stock Analysis page.