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Converge Technology Solutions Corp (CTSDF)

	Symbol	Exchange	Currency
	CTS	Toronto	CAD	Delayed
	CTSDF	OTC Markets	USD	Delayed

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3.870 -0.005 -0.13%

15/04 - Closed. Currency in USD ( Disclaimer )

After Hours

3.879

+0.009

+0.238%

16:53:49 - Delayed Data

Volume: 11,813
Bid/Ask: 0.000 / 0.000
Day's Range: 3.846 - 3.935

Type: Equity

Market: United States

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CTSDF Financial Summary

A brief financial summary of Converge Technology Solutions Corp as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Converge Technology Solutions Corp. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was CAD 2,705.21 million compared to CAD 2,164.65 million a year ago. Net loss was CAD 1.45 million compared to net income of CAD 27.28 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to basic earnings per share from continuing operations of CAD 0.13 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to diluted earnings per share from continuing operations of CAD 0.13 a year ago.

Annual Quarterly

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Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

CTSDF Income Statement

Gross margin TTM 25.98%

Operating margin TTM 1.72%

Net Profit margin TTM -0.05%

Return on Investment TTM 3.33%

Total Revenue Net Income

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Revenue	651.09	710.11	665.81	678.2
Gross Profit	181.53	174.09	175.67	171.59
Operating Income	13.91	8.92	10.96	12.82
Net Income	5.86	-1.8	-3.55	-1.96

CTSDF Balance Sheet

Quick Ratio MRQ 0.91

Current Ratio MRQ 1.04

LT Debt to Equity MRQ 64.76%

Total Debt to Equity MRQ 74.2%

Total Assets Total Liabilities

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Assets	2153.36	2159.78	2118.42	2216.89
Total Liabilities	1541.21	1547.64	1503.51	1583.91
Total Equity	612.16	612.14	614.91	632.98

CTSDF Cash Flow Statement

Cash Flow/Share TTM 1.12

Revenue/Share TTM 13.25

Operating Cash Flow 11.03%

Cash Net Change in Cash

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	114.48	95.94	-9.64	28.76
Cash From Investing Activities	-3.27	-27.56	-3.45	-69.65
Cash From Financing Activities	-44.81	-41.16	-49.24	21.36
Net Change in Cash	64.65	26.78	-60.58	-20.86

* In Millions of CAD (except for per share items)

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Ravens Tower Aug 22, 2022 23:28

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So, took cash in 21 @11.30 and am looking to potentially get back in at this price it seems like a steal

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Nathan Barnes Aug 12, 2021 14:25

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like the budgie, its going cheep cheap!

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Damion Ferguson Apr 15, 2019 10:59

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cts what yall think?

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Toshi Okada Apr 15, 2019 10:59

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Really like the co. Unfortunately daily volumes remain low and the stock isn’t receiving the recognition it deserves despite it’s revenues and earnings since IPO.

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Brandon Fausto Apr 15, 2019 10:59

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valuation seems low for this type of company I like it and am buying it up for the long term

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Brandon Fausto Apr 15, 2019 10:59

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Well boys, if you bought it on the 15th, you wouldve already about doubled your initial investment

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