Sangoma Technologies Corporation (SANG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Sep 17, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SANG SEC filings page.
Sangoma Technologies Corporation (SANG) reported $236.7M in revenue for fiscal year 2025, down 4.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Sangoma converts a modest accounting loss into cash, while lower debt offsets softer revenue and leaves a sub-1.0x current ratio.
In FY2025, operating cash flow was$41.8M despite a net loss of$5.0M , indicating earnings were depressed by items that did not consume operating cash. Free cash flow reached$39.4M against$2.4M of capital expenditure, so cash generated was largely retained after reinvestment rather than consumed by expansion.
Revenue receded from
Total liabilities fell from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Sangoma Technologies Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Sangoma Technologies Corporation, and counted as zero in the overall score.
Sangoma Technologies Corporation's revenue declined 4.3% year-over-year, from $247.3M to $236.7M. This contraction results in a growth score of 20/100.
Sangoma Technologies Corporation carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.
Sangoma Technologies Corporation's current ratio of 0.86 is below the typical benchmark, resulting in a score of 13/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Sangoma Technologies Corporation converts 16.6% of revenue into free cash flow ($39.4M). This strong cash generation earns a score of 78/100.
Not available for Sangoma Technologies Corporation, and counted as zero in the overall score.
Sangoma Technologies Corporation passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Sangoma Technologies Corporation reported a net loss of $5.0M while generating $41.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Sangoma Technologies Corporation held $13.5M in cash against $6.8M in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
SANG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
SANG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2540-F | Q4'2440-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K |
|---|---|---|---|---|---|---|
| Total Assets | $346.5M-13.5% | $400.6M-9.6% | $443.0M-11.1% | $498.5M | N/A | N/A |
| Current Assets | $42.6M-25.4% | $57.1M-7.7% | $61.9M+2.6% | $60.3M+13.0% | $53.3M+34.2% | $39.7M |
| Cash & Equivalents | $13.5M-16.9% | $16.2M+45.5% | $11.2M-12.2% | $12.7M-42.5% | $22.1M+10.5% | $20.0M |
| Inventory | $8.2M-44.3% | $14.8M-17.8% | $18.0M+3.1% | $17.4M+47.4% | $11.8M+27.4% | $9.3M |
| Accounts Receivable | $15.1M-18.6% | $18.6M-15.1% | $21.9M-8.5% | $23.9M+62.5% | $14.7M+78.7% | $8.2M |
| Goodwill | $186.8M-0.4% | $187.5M0.0% | $187.5M-10.7% | $210.0M-21.5% | $267.4M+728.0% | $32.3M |
| Total Liabilities | $92.3M-34.5% | $140.9M-20.3% | $176.9M-13.6% | $204.7M | N/A | N/A |
| Current Liabilities | $49.5M-17.7% | $60.1M-5.3% | $63.5M-19.1% | $78.4M+42.1% | $55.2M+51.2% | $36.5M |
| Non-Current Liabilities | $42.9M-46.9% | $80.8M-28.8% | $113.4M-44.6% | $204.7M+24.7% | $164.2M+121.7% | $74.1M |
| Long-Term Debt | $6.8M-21.1% | $8.6M-26.3% | $11.6M-19.3% | $14.4M+21.8% | $11.8M+17.8% | $10.0M |
| Total Equity | $254.2M-2.1% | $259.7M-2.4% | $266.1M-9.4% | $293.8M-21.9% | $376.2M+585.5% | $54.9M |
| Retained Earnings | -$146.9M-3.5% | -$141.9M-6.5% | -$133.3M-27.8% | -$104.3M-1696.5% | $6.5M+4.5% | $6.2M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
SANG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
SANG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.86), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Sangoma Technologies Corporation SANG | FY2025 | $236.7M | -$5.0M | -2.1% | $160.1M | 33/100 |
| Veritone, Inc. VERI | FY2025 | $92.2M | -$111.7M | N/A | $53.8M | 35/100 |
| Tucows, Inc TCX | FY2025 | $390.3M | -$75.8M | -19.4% | $107.2M | 22/100 |
| ZenaTech, Inc. ZENA | FY2025 | N/A | -$45.2M | N/A | $219.3M | — |
| Rekor Systems, Inc. REKR | FY2025 | $48.5M | -$31.5M | -64.9% | $46.5M | 45/100 |
| Helport AI Limited HPAI | FY2025 | $34.9M | $1.9M | 5.3% | $12.1M | 56/100 |
Where Sangoma Technologies Corporation Ranks
Frequently Asked Questions
What is Sangoma Technologies Corporation's annual revenue?
Sangoma Technologies Corporation (SANG) reported $236.7M in total revenue for fiscal year 2025. This represents a -4.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Sangoma Technologies Corporation's revenue growing?
Sangoma Technologies Corporation (SANG) revenue declined by 4.3% year-over-year, from $247.3M to $236.7M in fiscal year 2025.
Is Sangoma Technologies Corporation profitable?
No, Sangoma Technologies Corporation (SANG) reported a net income of -$5.0M in fiscal year 2025, with a net profit margin of -2.1%.
How much debt does Sangoma Technologies Corporation have?
As of fiscal year 2025, Sangoma Technologies Corporation (SANG) had $13.5M in cash and equivalents against $6.8M in long-term debt.
What is Sangoma Technologies Corporation's net profit margin?
Sangoma Technologies Corporation (SANG) had a net profit margin of -2.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Sangoma Technologies Corporation's return on equity (ROE)?
Sangoma Technologies Corporation (SANG) has a return on equity of -2.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Sangoma Technologies Corporation's free cash flow?
Sangoma Technologies Corporation (SANG) generated $39.4M in free cash flow during fiscal year 2025. This represents a -1.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Sangoma Technologies Corporation's operating cash flow?
Sangoma Technologies Corporation (SANG) generated $41.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Sangoma Technologies Corporation's total assets?
Sangoma Technologies Corporation (SANG) had $346.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Sangoma Technologies Corporation's capital expenditures?
Sangoma Technologies Corporation (SANG) invested $2.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Sangoma Technologies Corporation's current ratio?
Sangoma Technologies Corporation (SANG) had a current ratio of 0.86 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Sangoma Technologies Corporation's debt-to-equity ratio?
Sangoma Technologies Corporation (SANG) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sangoma Technologies Corporation's return on assets (ROA)?
Sangoma Technologies Corporation (SANG) had a return on assets of -1.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Sangoma Technologies Corporation's P/E ratio?
Sangoma Technologies Corporation (SANG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $160.1M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Sangoma Technologies Corporation's price-to-sales ratio?
Sangoma Technologies Corporation (SANG) trades at 0.7x sales, its market capitalization divided by revenue of $236.7M revenue, FY2025. The market capitalization is $160.1M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Sangoma Technologies Corporation's Piotroski F-Score?
Sangoma Technologies Corporation (SANG) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sangoma Technologies Corporation's earnings high quality?
Sangoma Technologies Corporation (SANG) reported a net loss of $5.0M while generating $41.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Sangoma Technologies Corporation?
Sangoma Technologies Corporation (SANG) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.