Sylogist Announces New Fiscal Year End at December 31, Will Report Q4 2022 (ending September 30) on November 14, 2022
Calgary, Alberta--(Newsfile Corp. - November 1, 2022) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, today announced a change in its fiscal year end from September 30 to December 31. Having a December year end will facilitate investors' comparative evaluation and analysis of Sylogist with its peer group, most of whom report on a calendar year basis. This change will also provide a year-end more accommodative of the Company's customer and market engagement...
2022-11-01 5:26 PM EDT
Sylogist Reports Strong Q3 Fiscal 2022 Results with Solid Organic Growth, Dividend Declared
Calgary, Alberta--(Newsfile Corp. - August 11, 2022) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce its unaudited financial results for the third quarter of the 2022 fiscal year, ended June 30, 2022.Q3 2022 Highlights (all comparisons are to Q3 of Fiscal 2021, unless otherwise noted)Record revenues of $13.7 million were achieved, compared to $9.5 million, an increase of 44%;Organic growth reached 7%, up from neutral in Q2 2022;Recurring revenues...
2022-08-11 8:00 AM EDT
Sylogist to Discuss Performance for Q3 of Fiscal 2022
Calgary, Alberta--(Newsfile Corp. - August 4, 2022) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce that its financial statements for Q3 of Fiscal 2022 will be released before markets open on August 11th, 2022. The Company will host a conference call at 1:00 PM Eastern Time on August 11th, 2022. Bill Wood, Sylogist's President and Chief Executive Officer, and Xavier Shorter, Sylogist's Chief Financial Officer, will present the Company's...
2022-08-04 9:00 AM EDT
Sylogist Reports Strong Q2 Fiscal 2022 Results Growth Accelerates with Record Revenue and Continued Profitability, Dividend Declared
Calgary, Alberta--(Newsfile Corp. - May 12, 2022) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce its unaudited financial results for the second quarter of the 2022 fiscal year, ended March 31, 2022.Q2 2022 Highlights (all comparisons are to Q2 of Fiscal 2021, unless otherwise noted)Revenues of $13.1 million, compared to $8.9 million, an increase of 48%;Recurring revenues from subscriptions and maintenance reached $8.7 million, compared to $7.0 million, an...
2022-05-12 8:00 AM EDT
Sylogist to Discuss Performance for Q2 of Fiscal 2022
Calgary, Alberta--(Newsfile Corp. - May 5, 2022) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce that its financial statements for Q2 of Fiscal 2022 will be released before markets open on May 12th, 2022. The Company will host a conference call at 1:00 PM Eastern Time on May 12th, 2022. Bill Wood, Sylogist's President and Chief Executive Officer, and Xavier Shorter, Sylogist's Chief Financial Officer, will present the Company's...
2022-05-05 4:22 PM EDT
Sylogist Annual General and Special Meeting Results and Board Committee Appointments
Calgary, Alberta--(Newsfile Corp. - March 31, 2022) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce that the results of the matters presented for approval at the Annual General and Special Meeting of Shareholders held on March 30, 2022 (the "Meeting") have been fully authorized and approved. A total of 14,766,287 common shares, representing 61.74% of the common shares issued and outstanding, were represented in person or by proxy...
2022-03-31 8:00 AM EDT
Sylogist Reports Strong Q1 Fiscal 2022 Results and Record Revenue
Calgary, Alberta--(Newsfile Corp. - February 9, 2022) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce its unaudited financial results for the first quarter of the 2022 fiscal year, ended December 31, 2021."We are pleased that our investments in organic growth and scalability are gaining traction," commented Bill Wood, President and CEO of Sylogist. "Although somewhat impeded by the COVID-19 Omicron variant surge, we began deployments on the new awards...
2022-02-09 6:45 PM EST
Sylogist to Discuss Performance for Q1 of Fiscal 2022
Calgary, Alberta--(Newsfile Corp. - February 3, 2022) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce that its financial statements for Q1 of Fiscal 2022 will be released after markets close on February 9th, 2022. The Company will host a conference call at 11:00 AM Eastern Time on February 10th, 2022. Bill Wood, Sylogist's President and Chief Executive Officer, and Xavier Shorter, Sylogist's Chief Financial Officer, will present the Company's...
2022-02-03 8:00 AM EST
Sylogist Increases Credit Facility to $125 Million
Calgary, Alberta--(Newsfile Corp. - January 31, 2022) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce that it has entered into an agreement with its current banking institution to expand its existing credit facility from $75 million (CDN) to $125 million (CDN), on improved terms. Funding acquisitions remains the primary purpose of the credit facility, of which approximately $100 million (CDN) remains available. The facility is committed for a two-year...
2022-01-31 9:54 PM EST
Sylogist Reports Audited Q4 & Fiscal 2021 Results
Calgary, Alberta--(Newsfile Corp. - December 13, 2021) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce its audited financial results for the fiscal year ended September 30th, 2021.Bill Wood, President and CEO of Sylogist stated, "FY2021 was a transformative year for Sylogist; and, we finish the calendar year as a completely different company. When I joined the Company in November '20, towards the end of our fiscal Q1, Sylogist was...
2021-12-13 7:05 PM EST
Sylogist to Discuss Fiscal 2021 and Q4 Performance
Calgary, Alberta--(Newsfile Corp. - December 8, 2021) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce that its financial statements for Fiscal 2021 and Q4 will be released after markets close on December 13th, 2021. The Company will host a conference call at 12:00 PM Eastern Time on December 14th, 2021. Bill Wood, Sylogist's President and Chief Executive Officer, and Xavier Shorter, Sylogist's Chief Financial Officer, will present the Company's...
2021-12-08 8:06 AM EST
Sylogist Provides Update on Accelerating Sales Traction
Calgary, Alberta--(Newsfile Corp. - November 30, 2021) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, is pleased to announce several representative new customer wins:Serenic Navigator:$3 million award, including $460 thousand in subscription revenue, over an initial two-year term and $230 thousand in subscription annual recurring revenue (ARR) thereafter, with a leading global health non-profit $180 thousand of subscription ARR with a US-based Regional Planning AuthorityMission CRM (recent acquisition): $500 thousand award with a...
2021-11-30 4:53 PM EST
Sylogist Declares Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - November 18, 2021) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), is pleased to announce that its Board of Directors has declared a dividend of 12.5 cents per share on Sylogist's common shares to shareholders of record on November 30, 2021 (ex-dividend November 29, 2021) payable on December 15, 2021. All dividends paid by Sylogist to holders of common shares in the capital of the Company will be treated as eligible dividends pursuant to...
2021-11-18 4:32 PM EST