Sylogist reports Q2 results

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  • Sylogist press release (OTCPK:SYZLF): Q2 SaaS ARR up 12.5% Y/Y to $31.7 million.
  • Total ARR up 3% Y/Y to $43.8 million.
  • SaaS NRR of 107%.
  • Bookings up 33% Y/Y to 17.1 million.
  • Adjusted EBITDA margin of 15.3% or $2.4 million.
  • Gross profit margin of 58% and recurring revenue at 70% of total revenue.

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