Sangoma Technologies Corporation (SANG) shares have surged to a 52-week high, reaching a price level of $7.2, marking a significant milestone for the company. According to InvestingPro analysis, the stock appears undervalued with strong fundamentals, despite its market capitalization of $238.25 million. This peak reflects a robust year-over-year growth, with the stock experiencing an impressive 132.13% increase in value over the past year. While the company is not currently profitable, it maintains a strong free cash flow yield and healthy financial metrics. Investors have shown increased confidence in Sangoma's market position and growth prospects, contributing to the stock's strong performance and heightened trading activity as it hits this new high. For deeper insights into Sangoma's valuation and 10+ additional ProTips, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Sangoma Technologies Corporation reported a steady growth trajectory in its Q1 2025 earnings call. Despite facing external disruptions and slight revenue shortfall, the company disclosed a healthy increase in its customer base and upheld its revenue and EBITDA guidance for the fiscal year. Key takeaways include a 6% year-over-year growth in customers with over $10,000 in monthly revenue, and a 42% spike in bookings from new customers. Q1 revenue was reported at $60.2 million, while adjusted EBITDA reached $9.8 million. Sangoma also reduced its total debt by $8.7 million. Looking ahead, the company expects to continue its growth focusing on organic and potential inorganic opportunities. Despite the challenges, Sangoma maintains its FY 2025 revenue guidance of $250 million to $260 million and adjusted EBITDA of $42 million to $46 million. These are recent developments for the company.
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