Unisync (UNI) AI Stock Analysis

• Market Cap: C$23.77M
• Dividend Yield: N/A
• Average Volume (3M): 10.47K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.58
• Revenue Growth: -8.08%
• EPS Growth: 46.56%
• Country: CA
• Employees: 237
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.00
• Shares Outstanding: 19,012,230
• 10 Day Avg. Volume: 3,400
• 30 Day Avg. Volume: 10,470
• PEG Ratio: N/A
• Price to Book (P/B): 1.73
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.63
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 50 Neutral
• Price Target: C$1.50 ▲(20.00%Upside)

Unisync is challenged by high leverage and profitability issues, reflected in the financial and valuation scores. However, strong cash flows and positive corporate developments offer some optimism. The technical analysis suggests limited stock momentum, and the absence of earnings call data limits insights into future performance.

Unisync Business Overview & Revenue Model

Company Description

Unisync Corp., through its subsidiaries, manufactures and distributes garments in Canada. It operates in two segments, Peerless Garments LP and Unisync Group Limited. The company provides duty gear, footwear, and other accessories to fire, emergency medical services, and police and security sectors under the Carleton brand name; and service wear shirts, pants, and ties for law enforcement, fire, emergency medical, security, and correctional personnel under the Rapier brand name. It also offers professional workwear, insulated coverall, rugged workwear, outerwear, and rainwear apparel, as well as flame-resistant and safety clothing under the Hammill brand name. In addition, the company provides a line of flame-resistant work clothing under the DewLine Coveralls brand name; leatherwear; cold/wet weather outerwear garments to government organizations, including the armed forces, parks and forestry staff, RCMP, and other users under the Parkas brand name; stealth suits to various DND departments, paramilitary, police departments, and companies within the oil industry under the Gore-Tex brand name; and body measurement services under the Best-Fit name. Further, it designs, manufactures, and distributes corporate, public safety, and military uniforms under the Red the Uniform Tailor brand name; and offers corporate apparel under the York brand name, as well as public safety, and security and tactical products. The company was formerly known as ComWest Enterprise Corp. and changed its name to Unisync Corp. in August 2014. Unisync Corp. was founded in 1929 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Unisync Corp generates revenue through the sale of uniforms and workwear to various industries. The company's primary revenue streams include direct sales of customized uniforms and PPE to corporate clients and government contracts, as well as ongoing uniform management services such as inventory management and logistics support. Significant partnerships with large organizations and government bodies contribute to its earnings by securing long-term supply contracts. Additionally, Unisync may leverage economies of scale in manufacturing and distribution to enhance profitability.

Unisync Financial Statement Overview

Summary

Unisync faces profitability and leverage challenges with declining revenues and high debt levels. However, strong cash flow generation provides some financial stability, necessitating a focus on improving margins and reducing leverage.

Income Statement

The income statement shows a declining revenue trend with negative net income, indicating profitability challenges. The TTM data reveals a negative net profit margin of -5.21%, although gross profit margins remain positive. The EBIT margin improved in the latest TTM data to 1.42%, recovering from negative figures in prior years.

Balance Sheet

The balance sheet indicates high leverage with a debt-to-equity ratio of 4.01, which poses financial risk. The equity ratio is moderately low at 14.83%, showing limited equity buffer. Despite these concerns, the company maintains positive stockholders' equity, though it has been declining over time.

Cash Flow

The cash flow statement reflects a positive operating cash flow and a significant improvement in free cash flow in the latest TTM. The free cash flow to net income ratio is unfavorable due to negative net income, but the operating cash flow to net income ratio is strong, indicating efficient cash generation from operations.

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	88.23M	89.84M	103.60M	96.31M	86.29M	93.10M
Gross Profit	14.09M	17.38M	12.87M	23.54M	19.61M	20.86M
EBITDA	2.59M	2.53M	-4.09M	4.51M	2.71M	4.40M
Net Income	-4.60M	-4.67M	-9.26M	-1.35M	-2.58M	-1.00M
Balance Sheet
Total Assets	92.71M	94.07M	109.42M	104.36M	88.02M	87.16M
Cash, Cash Equivalents and Short-Term Investments	660.54K	791.02K	2.16K	97.26K	275.46K	221.59K
Total Debt	55.14M	54.48M	59.25M	45.30M	39.85M	37.88M
Total Liabilities	79.07M	79.73M	90.40M	76.07M	58.73M	55.99M
Stockholders Equity	13.74M	14.43M	19.13M	28.36M	29.37M	31.20M
Cash Flow
Free Cash Flow	9.05M	9.64M	-4.57M	-3.76M	7.67M	668.91K
Operating Cash Flow	9.08M	9.79M	-3.32M	-3.08M	9.17M	2.49M
Investing Cash Flow	-37.71K	-63.63K	270.93K	-682.36K	-1.50M	-1.82M
Financing Cash Flow	-9.23M	-8.90M	2.77M	3.52M	-7.53M	-372.02K

Unisync Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.25
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:UNI, the sentiment is Negative. The current price of 1.25 is below the 20-day moving average (MA) of 1.31, below the 50-day MA of 1.26, and below the 200-day MA of 1.39, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 39.33 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:UNI.

Unisync Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$16.72B	10.85	-7.48%	3.11%	1.66%	-24.52%
UNI	50 Neutral	C$23.77M	―	-30.57%	―	-8.08%	46.56%
GIL		$7.37B	18.89	24.40%	1.85%	―	―
ODD	38 Underperform	C$17.23M	―		―	-6.91%	31.42%
DYG		C$8.60M	―	-6.52%	―	―	―
IFA	68 Neutral	C$30.00M	25.65	5.50%	―	21.12%	―
GOOS		$1.11B	16.70	19.34%	―	―	―

Unisync Corporate Events

Unisync Corp. Reports Improved Profitability Amidst Revenue Challenges

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.

Unisync Corp. Celebrates Multiple Wins at 2025 NAUMD Awards

Unisync Corp. has been recognized with four awards at the 2025 NAUMD Annual Convention, highlighting its leadership in managed uniform services. The company won in categories including retail, transportation, emergency services, and notably, innovation in technology for its mobile ESF App, marking it as the first uniform provider globally to offer such a service. These accolades underscore Unisync’s commitment to delivering innovative solutions and strengthening client partnerships, enhancing its industry positioning.