Q1 2025 Sangoma Technologies Corp Earnings Call Transcript
Key Points
- Sangoma Technologies Corp (SANG) has stabilized its revenue base and enhanced operating cash flow, providing financial flexibility for expansion.
- The company reported a 6% year-over-year increase in customers generating over $10,000 in monthly revenue, indicating successful account expansion.
- Sangoma Technologies Corp (SANG) achieved a 42% quarter-over-quarter increase in bookings from new customers, demonstrating effective new logo acquisition strategies.
- The company has significantly reduced its debt, creating opportunities for inorganic growth and strategic acquisitions.
- Sangoma Technologies Corp (SANG) has improved its Net Promoter Scores, reflecting enhanced customer service and account management.
- Revenue for the first quarter was slightly below the guidance range due to delays in signing large deals and disruptions from hurricanes.
- The company experienced slightly higher churn from legacy contracts, influenced by macroeconomic factors and state-level minimum wage decisions.
- There was a slowdown in product volumetric growth, particularly affecting the Switchvox product line.
- Despite strong cash flow, the revenue mix remains heavily reliant on services, with product sales showing seasonality and potential volatility.
- The company faces challenges in maintaining sequential growth amidst external factors like natural disasters and economic uncertainties.
Good day, ladies and gentlemen, and welcome to the Sangoma first quarter fiscal 2025 results conference call. I would now like to turn the meeting over to Samantha Reburn, Chief Legal and Administrative Officer. Please go ahead.
Thank you, operator. Hello, everyone, and welcome to Sangoma's first quarter fiscal year 2025 investor call. We are recording the call and we will make it available on our website for anyone who is unable to join us live. I'm here today with Charles Salameh, Sangoma's Chief Executive Officer; Jeremy Wubs, Chief Operating and Marketing Officer; and Larry Stock, Chief Financial Officer, to take you through the results of the first quarter of fiscal year 2025, which ended on September 30, 2025. We will discuss the press release that was distributed earlier today, together with the company's financial statements and MD&A, which are available on SEDAR+, EDGAR, and our website.
As a reminder, Sangoma reports under International
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
