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TECSYS Inc. J (TSE:TCS)
TSX:TCS
Holding TSE:TCS?
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.11Last Year’s EPS
0.05Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 29, 2018
|% Change Since: 2.36%
|Next Earnings Date:Sep 06, 2018
Earnings Call Sentiment|Neutral
Tecsys demonstrated strong SaaS revenue growth and significant achievements in recurring revenue and adjusted EBITDA. However, disruptions in the healthcare market and revised revenue guidance due to unpredictability in hardware sales and professional services present challenges.Company Guidance
During the Tecsys second quarter fiscal year 2025 earnings call, several key metrics and guidance figures were shared. SaaS revenue experienced a robust growth of 34%, reaching CAD 16.1 million, and now constitutes 38% of the total revenue, up from 23% two years ago. The company's annual recurring revenue hit CAD 100 million, with SaaS RPO surpassing CAD 200 million. Year-to-date SaaS bookings increased by 20% over the previous year. Tecsys maintained its fiscal 2025 SaaS revenue growth guidance at 30% to 32% and projected adjusted EBITDA margins of 8% to 9% for fiscal 2025, and 10% to 11% for fiscal 2026. Despite challenges in the hardware segment, the company reported a net profit of CAD 758,000, with adjusted EBITDA significantly increasing to CAD 2.9 million from CAD 1.0 million the prior year. The balance sheet remains strong, with cash and short-term investments totaling CAD 28.3 million and no debt. The Board approved a quarterly dividend of CAD 0.085 per share.Strong SaaS Revenue Growth
SaaS revenue grew by 34% in Q2, reaching CAD 16.1 million, and now represents 38% of total Q2 revenue.
Annual Recurring Revenue Milestone
Tecsys reached CAD 100 million in annual recurring revenue, highlighting the strength of their SaaS model.
Significant SaaS Bookings
Year-to-date SaaS bookings were up 20% compared to last year, indicating robust demand across all key verticals.
Recognition and Innovation
Tecsys was recognized as a leader in the 2024 WMS Technology Value Matrix and continues to innovate with purpose-driven solutions in AI.
Strong Adjusted EBITDA Growth
Adjusted EBITDA increased to CAD 2.9 million in Q2, up significantly from CAD 1.0 million in the same quarter last year.
Healthy Balance Sheet
Tecsys ended the quarter with CAD 28.3 million in cash and no debt, providing financial stability.
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TSE:TCS Earnings History
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
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TSE:TCS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 04, 2024 | C$44.45 | C$43.56 | -2.00% |
| Sep 05, 2024 | C$40.35 | C$40.70 | +0.87% |
| Jun 27, 2024 | C$35.42 | C$34.78 | -1.81% |
| Feb 29, 2024 | C$35.41 | C$38.56 | +8.90% |
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.
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FAQ
When does TECSYS Inc. J (TSE:TCS) report earnings?
TECSYS Inc. J (TSE:TCS) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is TECSYS Inc. J (TSE:TCS) earnings time?
TECSYS Inc. J (TSE:TCS) earnings time is at Feb 27, 2025, TBA Not 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:TCS EPS forecast?
TSE:TCS EPS forecast for the fiscal quarter 2025 (Q3) is 0.11.
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