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Sangoma Technologies Corporation

SANG

NASDAQTechnologySoftware - Infrastructure

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Previous close

$3.98

−$0.08 · -1.97%

Aug 21, 4:00 PM ET

SANG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

70

Undervalued

Momentum

34

Weakening

Sentiment

52

Mixed

Risk resilience

34

High Risk

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Company profile

Company website

Sangoma Technologies Corporation is a global company that designs, produces, distributes, and maintains voice and data connectivity solutions crucial for software-based communication platforms. Their extensive product range encompasses business telephony systems like Switchvox and PBXact, along with a variety of IP handsets. They also provide gateways for service providers and Voice over IP (VoIP) networks. Cloud-based solutions include Switchvox Cloud, a unified communications platform, and PBXact Cloud, a hosted private branch exchange (PBX) service. Furthermore, Sangoma supplies SIPstation SIP Trunking, an outsourced session initiation protocol (SIP) trunking service, and FAXStation for fax-over-IP capabilities. Noteworthy open-source solutions include Asterisk and FreePBX IP PBX software. The company's offerings also encompass session border controllers, specialized telephony and media transcoding cards, and various open-source communication software packages. Sangoma serves a diverse clientele, including small and medium-sized businesses, large enterprises, original equipment manufacturers, telecommunication carriers, and service providers. Established in 1984, the company is headquartered in Markham, Canada.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
CA
CEO
Charles J. Salameh
Listed since
Feb 22, 2010
Employees
645

Market position

Day range

Current $3.98

52-week range

Current $3.98

Open
$4.05
Previous close
$4.06
Volume
339
0.05× average
Average volume
6.86K
Average daily volume
Market cap
132.45M USD
Beta
1.11
Market reference 1
50-day average
$3.949
+0.79% above average
200-day average
$4.3882
-9.30% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
245.27M USD
P/E (TTM)
-20.42×
P/B (TTM)
0.53×
P/S (TTM)
0.6×
EV / EBITDA
4.19×
Earnings yield
-3.37%
Free cash flow yield
16.26%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
66.15%
Operating margin
-2.46%
Net margin
-3.66%
Return on equity
-2.69%
Return on assets
-1.97%
Return on invested capital
-0.43%

Financial health

Debt / equity
0.16×
Current ratio
0.86×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends82%34%-14%-61%Gross margin, FY2021: 69.93%Gross margin, FY2022: 69.93%Gross margin, FY2023: 68.42%Gross margin, FY2024: 69.89%Gross margin, FY2025: 68.34%Operating margin, FY2021: -2.46%Operating margin, FY2022: -2.46%Operating margin, FY2023: -1.17%Operating margin, FY2024: -0.43%Operating margin, FY2025: -0.54%Net margin, FY2021: -49.38%Net margin, FY2022: -49.38%Net margin, FY2023: -11.49%Net margin, FY2024: -3.50%Net margin, FY2025: -2.12%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 69.93%. Gross margin FY2022 69.93%. Gross margin FY2023 68.42%. Gross margin FY2024 69.89%. Gross margin FY2025 68.34%. Operating margin FY2021 -2.46%. Operating margin FY2022 -2.46%. Operating margin FY2023 -1.17%. Operating margin FY2024 -0.43%. Operating margin FY2025 -0.54%. Net margin FY2021 -49.38%. Net margin FY2022 -49.38%. Net margin FY2023 -11.49%. Net margin FY2024 -3.50%. Net margin FY2025 -2.12%.

Income trends

Revenue

322.48M USD-4.65%

Operating income

−1.73M USD-19.22%

Net income

−6.83M USD+42.36%
Income trends across reported periods386.28M USD193.94M USD1.61M USD−190.72M USDRevenue, FY2021: 224.35M USDRevenue, FY2022: 288.87M USDRevenue, FY2023: 334.54M USDRevenue, FY2024: 338.19M USDRevenue, FY2025: 322.48M USDOperating income, FY2021: −5.53M USDOperating income, FY2022: −7.12M USDOperating income, FY2023: −3.91M USDOperating income, FY2024: −1.45M USDOperating income, FY2025: −1.73M USDNet income, FY2021: −110.78M USDNet income, FY2022: −142.64M USDNet income, FY2023: −38.45M USDNet income, FY2024: −11.84M USDNet income, FY2025: −6.83M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 224.35M USD. Revenue FY2022 288.87M USD. Revenue FY2023 334.54M USD. Revenue FY2024 338.19M USD. Revenue FY2025 322.48M USD. Operating income FY2021 −5.53M USD. Operating income FY2022 −7.12M USD. Operating income FY2023 −3.91M USD. Operating income FY2024 −1.45M USD. Operating income FY2025 −1.73M USD. Net income FY2021 −110.78M USD. Net income FY2022 −142.64M USD. Net income FY2023 −38.45M USD. Net income FY2024 −11.84M USD. Net income FY2025 −6.83M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue322.48M USD338.19M USD334.54M USD288.87M USD224.35M USD
Cost of goods sold102.1M USD101.84M USD105.64M USD86.86M USD67.46M USD
Gross profit220.37M USD236.36M USD228.91M USD202M USD156.89M USD
Research and development57.43M USD54.08M USD49.64M USD43.98M USD34.16M USD
Selling, general, and administrative120.03M USD138.17M USD138.22M USD165.14M USD128.26M USD
Operating expenses222.1M USD237.81M USD232.81M USD209.12M USD162.41M USD
Interest income329.71K USD34.19K USD54.32K USD15.45K USD15.45K USD
Interest expense5.8M USD9.11M USD8.96M USD4.99M USD4.99M USD
Depreciation and amortization61.37M USD61.75M USD59.81M USD50.67M USD39.35M USD
Operating income−1.73M USD−1.45M USD−3.91M USD−7.12M USD−5.53M USD
Net income−6.83M USD−11.84M USD−38.45M USD−142.64M USD−110.78M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
18%
2 beats, 8 misses, 1 met estimate
Average EPS surprise
-52.23%
11 comparable reports
Latest EPS result
-0.07
Estimate -0.04 · Miss by 75.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.10.03-0.04-0.11Q4 '24MissQ1 '25MissQ2 '25MetQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26Estimate
Q4 2024, reported Nov 6, 2024: actual -0.06, estimate -0.05, surprise -20.00%, Miss. Q1 2025, reported Feb 6, 2025: actual -0.06, estimate -0.05, surprise -20.00%, Miss. Q2 2025, reported May 8, 2025: actual -0.03, estimate -0.03, surprise 0.00%, Met estimate. Q3 2025, reported Sep 17, 2025: actual 0.02, estimate 0.01, surprise +100.00%, Beat. Q4 2025, reported Nov 10, 2025: actual -0.06, estimate -0.04, surprise -50.00%, Miss. Q1 2026, reported Feb 4, 2026: actual -0.06, estimate 0.06, surprise -200.00%, Miss. Q2 2026, reported May 13, 2026: actual -0.07, estimate -0.04, surprise -75.00%, Miss. Q3 2026, reported Sep 16, 2026: actual —, estimate -0.06, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates65.56M59.72M53.87M48.03MQ4 '24MissQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26Estimate
Q4 2024, reported Nov 6, 2024: actual 60.15M USD, estimate 61.44M USD, surprise -2.09%, Miss. Q1 2025, reported Feb 6, 2025: actual 59.11M USD, estimate 63.04M USD, surprise -6.23%, Miss. Q2 2025, reported May 8, 2025: actual 58.1M USD, estimate 58.92M USD, surprise -1.39%, Miss. Q3 2025, reported Sep 17, 2025: actual 59.4M USD, estimate 58.58M USD, surprise +1.40%, Beat. Q4 2025, reported Nov 10, 2025: actual 50.8M USD, estimate 50.55M USD, surprise +0.50%, Beat. Q1 2026, reported Feb 4, 2026: actual 51.5M USD, estimate 51.14M USD, surprise +0.71%, Beat. Q2 2026, reported May 13, 2026: actual 51M USD, estimate 52.08M USD, surprise -2.08%, Miss. Q3 2026, reported Sep 16, 2026: actual —, estimate 51.27M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$4.00

0.50% upside
Past 12 months12-month forecastHigh $4.00Average $4.00Low $4.00

SANG news

Corporate actions

Corporate action history

Stock split

Effective Nov 8, 2021

1:7

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