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Added to YB: 2025-07-28

Pitch date: 2025-07-23

SYZ.TO [bullish]

Sylogist Ltd.

-41.27%

current return

Author Info

Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.

Company Info

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions to public sector customers in Canada, the United States, the United Kingdom, and internationally.

Market Cap

CAD 157.9M

Pitch Price

CAD 9.74

Price Target

15.00 (+162%)

Dividend

0.59%

EV/EBITDA

27.57

P/E

-57.51

EV/Sales

2.70

Sector

Software

Category

turnaround

Show full summary:
More Interesting Ideas for 2025 - Sylogist Ltd.

SYZ.TO: Non-profit/gov software co transforming like Tyler/Blackbaud. 3yr turnaround showing improved SaaS metrics across board. 3x rev/10x EBITDA valuation doesn't reflect normalized growth. Mgmt targets 30%+ growth by 2027 w/ CAD$35M EBITDA. Channel partner strategy enabling scalability despite temp margin pressure. 15% ARR growth 2024→30%+ by 2026/27, 30%+ EBITDA margins 2027.

Read full article (2 min)