Haivision Systems (HAI) AI Stock Analysis

• Market Cap: C$134.99M
• Dividend Yield: N/A
• Average Volume (3M): 19.30K
• Price to Earnings (P/E): 58.2
• Beta (1Y): 0.31
• Revenue Growth: -11.61%
• EPS Growth: -126.61%
• Country: CA
• Employees: 379
• Sector: Technology
• Sector Strength: 98
• Industry: Software - Infrastructure
• EPS (TTM): -0.08
• Shares Outstanding: 27,437,780
• 10 Day Avg. Volume: 6,442
• 30 Day Avg. Volume: 19,295
• PEG Ratio: 0.94
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 30.08
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$5.00
• Price Target Upside: 1.21% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 57 Neutral
• Price Target: C$5.00 ▲(1.21%Upside)

Haivision Systems' overall stock score reflects a mix of moderate financial stability and technical analysis, overshadowed by poor valuation metrics. The balance sheet strength and positive governance are offset by profitability issues and negative valuation indicators. The lack of strong momentum in the technicals further tempers the stock's attractiveness.

Haivision Systems Business Overview & Revenue Model

Company Description

Haivision Systems (HAI) is a leading provider of mission-critical, real-time video streaming and networking solutions. The company operates primarily in the video technology and communications sectors, offering a range of products and services designed to deliver high-quality live video over any network. Haivision's core offerings include video encoders and decoders, video management systems, and cloud-based video solutions, which serve industries such as broadcast, enterprise, defense, and government.

How the Company Makes Money

Haivision Systems generates revenue through the sale of its video streaming and networking products, including hardware like encoders and decoders, as well as software solutions for video management and distribution. The company also earns income from its cloud-based services, which provide customers with scalable video streaming capabilities. Key revenue streams include product sales, subscriptions for cloud services, and service contracts for support and maintenance. Significant partnerships with technology providers and integrators enhance Haivision's market reach and contribute to its earnings.

Haivision Systems Financial Statement Overview

Summary

Haivision Systems shows a mixed financial performance with strong equity stability but ongoing profitability challenges. The income statement reveals negative net income and EBIT margins, while cash flow generation, though positive, is declining.

Income Statement

The company has shown a volatile revenue trend with a decrease in the latest TTM period. Gross profit margin remains strong, indicating efficient cost management. However, the net profit margin is negative, reflecting ongoing profitability challenges. The shift from positive EBIT to a negative figure in the TTM highlights operational inefficiencies.

Balance Sheet

Haivision Systems maintains a solid equity base with a healthy equity ratio, suggesting financial stability. However, the debt-to-equity ratio has increased, indicating rising leverage. Despite this, the company has managed to keep a reasonable level of liabilities compared to its equity, maintaining financial health.

Cash Flow

The cash flow position shows some resilience with positive free cash flow, although it has decreased significantly in the TTM period. Operating cash flow aligns well with net income, but the reduction in free cash flow growth suggests potential challenges in sustaining cash generation.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	129.54M	139.86M	125.70M	92.59M	83.11M
Gross Profit	94.69M	98.58M	86.33M	69.33M	63.75M
EBITDA	15.30M	11.07M	3.06M	-2.67M	9.90M
Net Income	4.70M	-1.27M	-6.19M	-8.78M	5.80M
Balance Sheet
Total Assets	141.32M	144.09M	148.60M	122.48M	62.77M
Cash, Cash Equivalents and Short-Term Investments	16.47M	8.29M	5.77M	26.84M	15.72M
Total Debt	10.27M	16.18M	24.97M	8.59M	7.57M
Total Liabilities	44.52M	49.94M	58.35M	33.56M	32.69M
Stockholders Equity	96.80M	94.15M	90.25M	88.92M	30.07M
Cash Flow
Free Cash Flow	17.49M	14.20M	-6.12M	1.44M	13.61M
Operating Cash Flow	19.49M	15.25M	-5.08M	2.22M	13.92M
Investing Cash Flow	-2.20M	-3.07M	-25.76M	-20.32M	-2.54M
Financing Cash Flow	-9.18M	-9.88M	8.58M	30.23M	1.79M

Haivision Systems Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.94
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HAI, the sentiment is Positive. The current price of 4.94 is above the 20-day moving average (MA) of 4.89, above the 50-day MA of 4.72, and above the 200-day MA of 4.76, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 58.01 is Neutral, neither overbought nor oversold. The STOCH value of 94.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HAI.

Haivision Systems Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TIXT	67 Neutral	$1.50B	35.99	-5.70%	―	2.87%	-271.63%
CVO	67 Neutral	C$881.72M	―	-9.00%	―	9.08%	37.74%
Sector *	62 Neutral	$35.05B	6.90	-11.57%	2.06%	6.28%	-15.90%
STC	60 Neutral	C$258.00M	―	-2.67%	―	-1.72%	76.81%
HAI	57 Neutral	C$134.99M	58.17	-1.05%	―	-11.61%	-126.61%
DND	55 Neutral	C$751.57M	―	-39.72%	0.65%	2.47%	19.37%
BB	53 Neutral	C$3.03B	―	-1.76%	―	-8.84%	70.97%

Haivision Systems Corporate Events

Haivision Systems Reports Q2 2025 Results and New Product Launches

Haivision Systems Inc. reported its financial results for the second quarter of 2025, highlighting a stable revenue of $34.2 million, despite a strategic shift away from lower-margin integrator solutions. The company introduced new products, including the Falkon X2 and Kraken X1 Rugged, aimed at enhancing its market position and driving future growth. Despite an operating loss of $3.2 million, Haivision’s gross margins improved to 73.0%, and the company anticipates a return to double-digit revenue growth in 2026. Recent achievements include awards for its video solutions and a significant production agreement with the U.S. Navy.

The most recent analyst rating on (TSE:HAI) stock is a Hold with a C$5.50 price target. To see the full list of analyst forecasts on Haivision Systems stock, see the TSE:HAI Stock Forecast page.

Haivision to Release Q2 Fiscal 2025 Financial Results on June 11

Haivision Systems Inc. is set to announce its second quarter fiscal 2025 financial results on June 11, 2025, after the market closes. The announcement will be followed by a conference call hosted by the management team to discuss the results. This event is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction.

The most recent analyst rating on (TSE:HAI) stock is a Hold with a C$5.50 price target. To see the full list of analyst forecasts on Haivision Systems stock, see the TSE:HAI Stock Forecast page.