The earnings call presented a largely positive outlook for Sangoma, with strong financial performance, completion of a major transformation, and improved customer metrics. While there were some challenges, such as a slight revenue dip and volatility in the hardware resale business, the company's strategic focus and achievements in debt reduction and cash flow generation indicate a strong position for future growth.

Company Guidance -

Q4 2025

During Sangoma's third-quarter fiscal year 2025 investor call, the company reported robust financial performance with revenue amounting to $58.1 million. They achieved adjusted EBITDA margins of 17% and an operating cash flow conversion rate from adjusted EBITDA exceeding 100%. Sangoma also generated a strong free cash flow per share of $0.25 in Q3 and $0.84 across the first three quarters. The company has been aggressively paying down debt, surpassing their timeline with a gross debt reduction to $53 million. Additionally, Sangoma is pursuing a normal course issuer bid, reflecting confidence in its intrinsic value. The company is strategically shifting away from lower-margin hardware reselling to focus on higher-margin communications software, resulting in a slight revenue dip but improved gross margins. Client satisfaction and Net Promoter Scores (NPS) showed significant improvements, with NPS up nearly 300% and client satisfaction scores increasing by 23%. Customer churn remained low at 0.9%, and the large deal pipeline saw substantial growth. With these metrics underscoring Sangoma's strategic transformation and operational readiness, the company is poised for continued growth in its core MRR business.

Strong Financial Performance

Sangoma delivered strong financial performance in Q3 with revenue of $58.1 million, adjusted EBITDA margins of 17%, and operating cash flow conversion from adjusted EBITDA over 100%.

Completion of Project Diamond

The major transformation through project diamond is complete, providing Sangoma with the financial foundation and operational structures for future growth.

ERP System Implementation

The new ERP system is on track and online, expected to generate savings of approximately $5 million over the next three years.

Improvement in Customer Metrics

Client satisfaction and NPS scores improved significantly year-over-year, with NPS scores up nearly 300% and client satisfaction scores up 23%. Customer churn remains industry-leading at below 1%.

Debt Reduction Ahead of Schedule

Sangoma has paid down debt well ahead of schedule, reducing gross debt to $53 million from $55-$60 million target, and net debt to $35.8 million.

Strong Free Cash Flow

Generated $10.6 million in net cash from operating activities in Q3, with free cash flow per share at $0.25 in Q3 and $0.84 in the first three quarters.

Launch of Normal Course Issuer Bid (NCIB)

With debt lower than planned, Sangoma launched an NCIB, reinforcing belief in its intrinsic value.

Sangoma Technologies (SANG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SANG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 24, 2025	2025 (Q4)	>-0.01 / -	-0.05	―	―	―
May 08, 2025	2025 (Q3)	-0.03 / -0.04	-0.04	0.00% (0.00)	―	―
Feb 05, 2025	2025 (Q2)	-0.02 / -0.06	-0.1	40.00% (+0.04)	―	―
Nov 06, 2024	2025 (Q1)	-0.06 / -0.06	-0.07	14.29% (+0.01)	―	―
Sep 18, 2024	2024 (Q4)	-0.03 / -0.05	-0.72	93.06% (+0.67)	―	―
May 08, 2024	2024 (Q3)	-0.04 / -0.04	-0.02	-100.00% (-0.02)	―	―
Feb 08, 2024	2024 (Q2)	-0.07 / -0.10	-0.084	-19.05% (-0.02)	―	―
Nov 08, 2023	2024 (Q1)	-0.06 / -0.07	-0.06	-16.67% (-0.01)	―	―
Sep 27, 2023	2023 (Q4)	-0.03 / -0.72	-2.987	75.90% (+2.27)	―	―
May 11, 2023	2023 (Q3)	-0.09 / -0.02	-0.212	90.57% (+0.19)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SANG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 08, 2025	$5.85	$5.90	+0.85%
Feb 05, 2025	$7.30	$6.60	-9.59%
Nov 06, 2024	$6.23	$6.49	+4.14%
Sep 18, 2024	$6.20	$5.71	-7.90%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Sangoma Technologies (SANG) report earnings?

Sangoma Technologies (SANG) is schdueled to report earning on Sep 24, 2025, TBA (Confirmed).

What is Sangoma Technologies (SANG) earnings time?

Sangoma Technologies (SANG) earnings time is at Sep 24, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SANG EPS forecast?

SANG EPS forecast for the fiscal quarter 2025 (Q4) is >-0.01.

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