The earnings call revealed strong bookings and successful transition to a SaaS model, but faced challenges with ARR recognition delays, revenue declines in project services, and gross margin compression. The company adjusted its financial outlook due to elongated sales cycles and revenue recognition issues, indicating a mix of positive growth and operational challenges.

Company Guidance

During the Sylogist Limited Second Quarter 2025 Results Conference Call, several key metrics and insights were shared. Sylogist reported the second highest bookings in company history, with bookings growing over 33% year-over-year. SaaS Annual Recurring Revenue (ARR) rose to $31.7 million, marking a 12.5% increase compared to the previous year, contributing to a total ARR of $43.8 million. Recurring revenue now constitutes 70% of total revenue, up from 62% the previous year. Despite some unanticipated timing shifts in bookings and ARR recognition due to macro timing and customer onboarding delays, the company anticipates these postponements will be realized in upcoming quarters. Gross margin for Q2 was 58%, with adjusted EBITDA at $2.4 million, representing a 15% margin. The company updated its full-year outlook, expecting SaaS ARR growth in the low teens percentage range, a gross margin of about 60%, and an adjusted EBITDA margin in the high teens. Sylogist ended the quarter with $4.8 million in cash, acknowledging typical invoicing seasonality.

Strong Bookings Performance

Q2 2025 saw the second highest bookings in company history, with a 33% year-over-year growth driven by new logo acquisition and strong upsell and cross-sell performance.

SaaS Transition Success

Recurring revenue now comprises 70% of total revenue, up from 62% last year, indicating successful transformation towards a SaaS ARR-driven business model.

Partner Ecosystem and Win Rates

The partner community continues to scale, with partner-led deals achieving win rates exceeding 70% and internal-led opportunities maintaining a win rate above 50%.

Pipeline Growth

Accelerated pipeline growth across ERP and CRM solutions in the SylogistMission segment, with increasing adoption of integrated fundraising to finance platform.

Sylogist (TSE:SYZ) 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 >

TSE:SYZ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	>-0.01 / -	-0.03	―	―	―
Aug 14, 2025	2025 (Q2)	-0.02 / -0.08	-0.014	-485.71% (-0.07)	―	―
May 15, 2025	2025 (Q1)	0.02 / -0.04	-0.022	-81.82% (-0.02)	―	―
Mar 13, 2025	2024 (Q4)	0.02 / 0.04	0.01	260.00% (+0.03)	―	―
Nov 07, 2024	2024 (Q3)	0.02 / -0.03	0.04	-175.00% (-0.07)	―	―
Aug 08, 2024	2024 (Q2)	0.04 / -0.01	-0.003	-366.67% (-0.01)	―	―
May 09, 2024	2024 (Q1)	0.04 / -0.02	0.004	-650.00% (-0.03)	―	―
Mar 14, 2024	2023 (Q4)	0.04 / 0.01	-0.021	147.62% (+0.03)	―	―
Nov 09, 2023	2023 (Q3)	0.04 / 0.04	0.06	-33.33% (-0.02)	―	―
Aug 10, 2023	2023 (Q2)	0.07 / >-0.01	0.04	-107.50% (-0.04)	―	―

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

TSE:SYZ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 14, 2025	C$9.13	C$8.04	-11.94%
May 15, 2025	C$9.03	C$9.41	+4.21%
Mar 13, 2025	C$8.74	C$8.34	-4.58%
Nov 07, 2024	C$11.20	C$10.84	-3.21%

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 Sylogist (TSE:SYZ) report earnings?

Sylogist (TSE:SYZ) is schdueled to report earning on Nov 06, 2025, TBA (Confirmed).

What is Sylogist (TSE:SYZ) earnings time?

Sylogist (TSE:SYZ) earnings time is at Nov 06, 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 TSE:SYZ EPS forecast?

TSE:SYZ EPS forecast for the fiscal quarter 2025 (Q3) is >-0.01.

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