Unisync (UNI) AI Stock Analysis

• Market Cap: C$25.29M
• Dividend Yield: N/A
• Average Volume (3M): 11.58K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.51
• Revenue Growth: -8.08%
• EPS Growth: 46.56%
• Country: CA
• Employees: 237
• Sector: Consumer Cyclical
• Sector Strength: 63
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.00
• Shares Outstanding: 19,012,230
• 10 Day Avg. Volume: 14,434
• 30 Day Avg. Volume: 11,577
• PEG Ratio: -1.03
• Price to Book (P/B): 1.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.56
• 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: 52 Neutral
• Price Target: C$1.00 ▼(-24.81%Downside)

Unisync's overall stock score reflects significant financial challenges, particularly in profitability and leverage, despite strong cash flow generation. The technical indicators suggest a neutral to slightly bearish trend, while valuation concerns remain significant due to the negative P/E ratio. However, recent corporate achievements in innovation and industry recognition provide a positive outlook on business operations.

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 struggles with profitability and high leverage as indicated by declining revenues and a debt-to-equity ratio of 4.01. Despite these challenges, the company shows strong cash flow generation with positive operating cash flow and improved free cash flow in the latest TTM.

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
	EBIT
1.26M	0.00	-8.36M	487.13K	-1.10M	1.15M
	EBITDA
2.59M	2.53M	-4.09M	4.51M	2.71M	4.40M
	Net Income Common Stockholders
-4.60M	-4.67M	-9.26M	-1.35M	-2.58M	-1.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
660.54K	791.02K	2.16K	97.26K	275.46K	221.59K
	Total Assets
92.71M	94.07M	109.42M	104.36M	88.02M	87.16M
	Total Debt
55.14M	54.48M	59.25M	45.30M	39.85M	37.88M
	Net Debt
54.48M	53.69M	59.24M	45.20M	39.57M	37.66M
	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: Positive
• Last Price: 1.33
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:UNI, the sentiment is Positive. The current price of 1.33 is above the 20-day moving average (MA) of 1.27, above the 50-day MA of 1.19, and below the 200-day MA of 1.41, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 60.78 is Neutral, neither overbought nor oversold. The STOCH value of 50.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$6.88B	11.32	2.95%	3.87%	2.70%	-24.57%
UNI	52 Neutral	C$25.29M	―	-30.57%	―	-8.08%	46.56%
GIL		$7.19B	18.45	24.40%	1.80%	―	―
ODD	49 Neutral	C$23.62M	―		―	-6.91%	31.42%
DYG		C$8.60M	―	-6.52%	―	―	―
IFA	68 Neutral	C$31.36M	26.81	5.50%	―	21.12%	―
GOOS		$1.08B	16.69	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.

Unisync Corp. Announces AGM Results and Board Changes

Unisync Corp. announced the results of its Annual General Meeting, where five existing directors were reelected, and MNP LLP was reappointed as the company’s auditor. The company’s stock option plan was also approved for an additional three years. Former director Bruce Aunger resigned after nearly two decades of service, marking a significant change in the board’s composition.