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Sylogist Ltd (SYZLF) reports SaaS ARR up 6% and improved EBITDA margins, while navigating project services headwinds and a strategic pivot to a channel-first model.
Sylogist (TSE:SYZ) reported second-quarter fiscal 2026 results that showed continued growth in SaaS revenue and annual recurring revenue, while total revenue declined as project services and hardware revenue fell. Management said it is focusing on execution, customer experience, product development
Q2 2026 HighlightsRevenue (in $ millions)SaaS SubscriptionRecurringTotalReportedY/Y growthReportedY/Y growthReportedY/Y growth$8.35.4%$11.22.2%$14.7(6.5)%SaaS ARR up 6% Y/Y to $33.5 millionTotal ARR up 3% Y/Y to $45.0 millionGross Profit margin of 57%Recurring Revenue at 76% of Total RevenueNet Loss of $2.8 millionAdjusted EBITDA1 margin of 10.8% or $1.6 million Calgary, Alberta--(Newsfile Corp. - August 11, 2026) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector.
Calgary, Alberta--(Newsfile Corp. - August 6, 2026) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, announced today that it will release its second quarter 2026 financial results after market close on August 11, 2026.The Company will also host a conference call at 8:30 AM Eastern Time on August 12, 2026, at which time Joel Leetzow, Sylogist's Chief Executive Officer, and Sujeet Kini, Sylogist's Chief Financial Officer, will review the Company's...
Ongoing optimization initiative sharpens the Company's focus on its customers and strengthens capital allocation; CEO Joel Leetzow assumes direct leadership of the go-to-market organizationSylogist has realigned resources and is realizing meaningful, ongoing cost efficiencies designed to direct investment toward the areas that matter most to customersActions support a sharper focus on customer service delivery and an improved capital allocation strategyChief Executive Officer Joel Leetzow is...
brings more than 35 years of technology company leadershipJoel Leetzow will join Sylogist effective immediately as its new Chief Executive OfficerMr. Leetzow is a proven software industry leader with a track record of growth, transformation and successful shareholder outcomesBrings to Sylogist more than 35 years of experience leading technology companies through growth cycles, operational execution and strategic transactions CALGARY, Alberta, May 19, 2026 (GLOBE NEWSWIRE) -- Sylogist Ltd. (TSX:S
OneMove Capital Ltd. ("OneMove"), the largest independent shareholder of Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company") owning approximately 15% of the Company's outstanding shares, today responded to the results announced at the annual and special meeting of Sylogist shareholders held on May 12, 2026 (the "Annual and Special Meeting").
All six Sylogist director nominees and one Board-supported dissident director nominee elected to the BoardBoard reaffirms commitment to engaging with and representing the interests of all shareholders CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Corporation"), a leading public sector SaaS company, today announced the results of its Annual and Special Meeting of Shareholders (the "Meeting") held on May 12, 2026 in Calgary, Alberta. At the Meeting
Sylogist Ltd (SYZLF) reports growth in SaaS revenue and operational efficiency amid challenges in revenue retention and strategic capital allocation.
Sylogist's (SYZ.TO) board of directors is suspending the quarterly dividend in order to support capi
Q1 2026 Highlights Revenue (in $ millions) SaaS SubscriptionRecurringTotalReportedY/Y growthReportedY/Y growthReportedY/Y growth$8.14.9% $11.11.1% $14.7(9.7)% SaaS ARR up 7% Y/Y to $33.6 million;Total ARR up 3% Y/Y to $45.6 million;Gross Profit margin of 57%;Recurring Revenue at 75% of Total Revenue;Net Loss of $3.8 million; andAdjusted EBITDA1 margin of 7.9% or $1.2 million CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Sylogist Ltd. (TSX:SYZ) (“Sylogist” or the “Company”), a leading public
OneMove Capital Ltd. ("OneMove"), the largest independent shareholder of Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company") owning approximately 15% of the Company's outstanding shares, today outlined the clear choice that Sylogist shareholders have in casting their votes ahead of the Annual and Special Meeting of Shareholders.
OneMove Capital Ltd. ("OneMove"), the largest independent shareholder of Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company") owning approximately 15% of the Company's outstanding shares, today responded to the seven questions posed by the Sylogist Board of Directors (the "Board").
Sylogist Board Urges Shareholders to Vote Using Only the BLUE ProxyOneMove is demanding majority Board control — without paying a premium to other shareholdersThe Board unanimously recommends shareholders vote FOR its six director nominees, plus Board-supported OneMove director nominee Mary Filippelli, vote FOR the Shareholder Rights Plan, and WITHHOLD from OneMove's three remaining dissident nominees. Shareholders should vote using only the BLUE proxy prior to the deadline of May 8, 2026 at 10:
OneMove Capital Ltd. ("OneMove"), the largest independent shareholder of Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company") owning approximately 15% of the Company's outstanding shares, today filed its information circular (the "Circular") containing its GOLD PROXY CARD in connection with the Annual and Special Meeting of Shareholders (the "Meeting") to be held on May 12, 2026.
Board unanimously recommends shareholders vote FOR its six director nominees, plus Board-supported OneMove director nominee Mary Filippelli, using only the BLUE proxyShareholders should WITHHOLD from OneMove’s three remaining OneMove nomineesBoard unanimously recommends voting FOR ratification of Shareholder Rights Plan well before the Proxy voting deadline of May 8, 2026 at 10:00 AM MTShareholders who have questions or require assistance voting should contact Laurel Hill Advisory Group Toll-Fre
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