Added to YB: 2026-05-14
Pitch date: 2026-05-10
NCI.V [neutral]
NTG Clarity Networks Inc.
-3.3%
current return
Author Info
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Company Info
NTG Clarity Networks Inc., together with its subsidiaries, provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman.
Market Cap
CAD 43.2M
Pitch Price
CAD 0.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.82
P/E
8.91
EV/Sales
0.49
Sector
Software
Category
value
Mother's Day Earnings Recap - The Mother of all FINS Reviews - NTG Clarity Networks Inc.
NCI.V (exited position): Up 6x from 2024 Wolf Pick but off 69% from $2.97 ATH. Q4 rev +39%, FY25 rev $83M (+49%, beat $75M guide) but net income -68% Q4, -46% FY25. Missed low-end 16% AEBITDA guide at 14% vs 17% net margin prior yr. Trades 0.6x rev, 8.5x P/E, 3.6x EV/EBITDA but chronic negative cash flow worsening: generous payment terms + preferred schedules + early pay discounts pressuring margins. 2026 guide weak: $90M rev (mid-single digit growth), 13-16% AEBITDA. Author exited position.
Read full article (3 min)