Q: Can you provide a current outlook for Sylogist?
5i Research Answer:
Down 8% YTD, SYZ has actually held up better than many tech stocks. But it is hitting new lows. A loss for 2024 is expected when it reports March 13. It is expected to make 14c per share this year. The balance sheet remains fine, with minor debt. It does have a buyback in place. It added a new Board member in February, but news has been ghostly-quiet since the release of the Q3 numbers (a miss on both EPS and sales). Hopefully the company will provide an update on Thursday: we have very little to report here.