Unisync Corp. Reports Improved Profitability Amidst Revenue Challenges

Unisync ( (TSE:UNI) ) has shared an announcement.

Unisync Corp. reported a net income before tax of $1.0 million and an Adjusted EBITDA of $3.1 million for Q2 Fiscal 2025, with revenues of $24.5 million. Despite a decrease in UGL revenues due to lower airline account revenue, gross margins improved due to price increases, lower product costs, and operational consolidations. Peerless saw increased revenues from government contracts. The company faced challenges from foreign exchange losses due to the depreciation of the Canadian dollar, but strategic relocations and pricing adjustments are expected to continue benefiting future margins. The company is actively pursuing new business opportunities, with a strong position in firm contracts and options.

Spark’s Take on TSE:UNI Stock

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

Unisync’s overall stock score reflects its financial challenges, particularly in profitability and leverage, despite strong cash flow generation. The technical indicators suggest a neutral to slightly bearish trend, while valuation concerns remain significant due to the negative P/E ratio. However, recent corporate achievements in innovation and industry recognition provide a positive outlook on business operations.

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

More about Unisync

Unisync Corp. operates through two main business units: Unisync Group Limited (UGL) and Peerless Garments LP. UGL is a leading provider of corporate apparel in Canada and the USA, serving notable brands, while Peerless specializes in producing and distributing technical protective garments and military clothing for various government departments and agencies.

Average Trading Volume: 5,410

Technical Sentiment Signal: Sell

Current Market Cap: C$22.62M

For a thorough assessment of UNI stock, go to TipRanks’ Stock Analysis page.