Sylogist AI Stock Analysis
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Sylogist (SYZ) AI Stock Analysis
Sylogist
(TSX:SYZ)
The score is held down primarily by deteriorating financial performance (recent losses and sharply weaker 2025 cash flow) and a bearish technical setup (price below all key moving averages with weak momentum). Valuation is only neutral because a negative P/E reflects current losses despite a modest dividend. Earnings-call commentary provides some support via improving SaaS metrics and bookings, but near-term margin pressure and churn risks remain significant.
Sylogist (SYZ) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 62.68M
- Dividend Yield
- 1.53%
- Average Volume (3M)
- 26.28K
- Price to Earnings (P/E)
- -6.0
- Beta (1Y)
- 1.20
- Revenue Growth
- -7.07%
- EPS Growth
- -210.40%
- Country
- Canada
- Employees
- 170
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Application
Sylogist Business Overview & Revenue Model
Company Description
Sylogist Ltd. is a software firm specializing in enterprise resource planning (ERP) solutions, serving clients across Canada, the United States, the United Kingdom, and internationally. Their extensive product lineup includes the Serenic Navigator su...
How the Company Makes Money
Sylogist makes money mainly by selling and supporting enterprise software solutions tailored to specific vertical markets. Its revenue model typically combines (1) software subscription and/or license fees, where customers pay recurring fees for clou...
Sylogist Earnings Call Summary
The call presented a mixed picture. Sylogist reported growth in SaaS ARR and revenue, strong bookings, improved channel momentum, progress in product readiness and a higher cash balance. However, current financial performance was pressured by a 6% revenue decline, negative project services margin, lower gross margin, reduced adjusted EBITDA and increased net loss, while churn remained a concern. Management expressed confidence in the longer-term opportunity but acknowledged substantial execution work remains.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management expects project services to return to a healthy contribution margin through 2027, with some backlog remaining into Q1, a trickle off across 2027, and a completely reset professional services organization by the end of 27; project services is not expected to contribute too much in the last quarter, with a continued drag on margins related to non billable and channel support backlog in Q4. The company expects margin to continue to improve, intends to improve EBITDA margin, and will continue rationalizing operations through Q4 and into 2027. Cash is expected to draw back down through Q4 and Q1, key partners have committed to certify their staff by February 2027, and Sylogist is resetting its sales plans for 2027 to address all 50 states in The United States.
Sylogist Financial Statement Overview
Summary
Financial results have weakened: revenue was flat-to-down, the business swung to an operating loss in 2025, and net income was negative in 2024–2025. Cash generation deteriorated sharply in 2025 (operating cash flow and free cash flow falling to ~1.3M). The balance sheet leverage is manageable, but declining equity and negative returns reduce flexibility.
Income Statement
38NegativeBalance Sheet
56NeutralCash Flow
45Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 59.65M | 62.24M | 65.60M | 65.51M | 69.00M | 38.67M |
| Gross Profit | 21.88M | 24.50M | 38.55M | 29.39M | 30.63M | 27.96M |
| EBITDA | 6.84M | 8.11M | 11.05M | 11.05M | 15.41M | 14.50M |
| Net Income | -8.45M | -4.66M | -727.00K | 1.10M | 2.54M | 4.37M |
Balance Sheet | ||||||
| Total Assets | 72.48M | 82.13M | 97.92M | 96.58M | 103.06M | 98.03M |
| Cash, Cash Equivalents and Short-Term Investments | 2.53M | 8.30M | 13.26M | 11.61M | 14.54M | 29.59M |
| Total Debt | 19.13M | 19.19M | 19.31M | 17.74M | 21.97M | 19.03M |
| Total Liabilities | 47.69M | 51.03M | 60.33M | 58.98M | 63.16M | 51.34M |
| Stockholders Equity | 24.79M | 31.10M | 37.59M | 37.60M | 39.91M | 46.69M |
Cash Flow | ||||||
| Free Cash Flow | -750.00K | 1.26M | 12.17M | 4.75M | 9.32M | 17.99M |
| Operating Cash Flow | -10.00K | 1.33M | 12.23M | 9.93M | 12.65M | 18.82M |
| Investing Cash Flow | -740.00K | -4.85M | -8.91M | -5.18M | -17.73M | -38.40M |
| Financing Cash Flow | -1.21M | -1.08M | -1.70M | -7.47M | -9.95M | 7.77M |
Sylogist Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SYZ, the sentiment is Negative. The current price of 2.62 is below the 20-day moving average (MA) of 2.74, below the 50-day MA of 2.75, and below the 200-day MA of 3.42, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 42.66 is Neutral, neither overbought nor oversold. The STOCH value of 63.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SYZ.
Sylogist Peers Comparison
Overall Rating
TSE:THNC72Outperform
TSE:URL65Neutral
TSE:XTRA56Neutral- TSE:SYZ46Neutral
TSE:IMP44Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:THNC | 72Outperform | CAD 160.45M | -23.94 | -11.94% | ― | 3.19% | -1907.14% |
| TSE:URL | 65Neutral | CAD 137.39M | 235.94 | 8.75% | ― | 13.07% | -16.88% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| TSE:XTRA | 56Neutral | CAD 111.84M | -14.16 | -41.81% | ― | 108.03% | 47.36% |
| TSE:SYZ | 46Neutral | CAD 61.61M | -5.97 | -38.65% | 1.53% | -7.07% | -210.40% |
| TSE:IMP | 44Neutral | CAD 57.55M | -3.72 | -43.54% | ― | -66.56% | -940.17% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:SYZ | Sylogist Ltd | 2.62 | -2.92 | -52.66% | |
| TSE:URL | Namesilo Technologies Corp. | 1.51 | 0.19 | 14.39% | |
| TSE:IMP | Intermap Technology | 0.78 | -1.58 | -66.95% | |
| TSE:XTRA | Xtract One | 0.39 | -0.29 | -42.65% | |
| TSE:THNC | Thinkific Labs, Inc. | 2.45 | 0.58 | 31.02% |
Sylogist Corporate Events
Sylogist Sets Date for Third-Quarter 2026 Results
NeutralSylogist is a public-sector SaaS company providing mission-critical software solutions to government, nonprofit, and education organizations. Its market focus positions the company within the specialized software industry serving public-sector instit...
Sylogist Names David Miller COO and Incoming CFO in Leadership Transition
PositiveSylogist has appointed David Miller as Chief Operating Officer, effective October 19, 2026, with plans for him to also assume the role of Chief Financial Officer following the departure of current CFO Sujeet Kini on November 13, 2026. Miller, a seaso...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 12, 2026