Sun, November 1, 2009
Sat, October 31, 2009
Fri, October 30, 2009
[ Fri, Oct 30th 2009 ]: Market Wire
Arrow Forms Subsidiaries
Thu, October 29, 2009
Wed, October 28, 2009
[ Wed, Oct 28th 2009 ]: Market Wire
Route1 Provides Update
Tue, October 27, 2009
Mon, October 26, 2009
[ Mon, Oct 26th 2009 ]: Market Wire
Typhoon Grants Options
Sat, October 24, 2009
Fri, October 23, 2009
Thu, October 22, 2009
Wed, October 21, 2009
Tue, October 20, 2009
Mon, October 19, 2009

Sangoma Releases Audited Results for the Financial Year 2008-2009

  Copy link into your clipboard //business-finance.news-articles.net/content/200 .. ed-results-for-the-financial-year-2008-2009.html
  Print publication without navigation Published in Business and Finance on by Market Wire
          🞛 This publication is a summary or evaluation of another publication

MARKHAM, ONTARIO--(Marketwire - Oct. 26, 2009) - Sangoma Technologies Corporation (TSX VENTURE:STC), today released highlights of its audited financial results for the year ended June 30, 2009.



2008 - 2009 2007 - 2008 Change

Sales $11.12 million $12.34 million -10%

Net income before provision
for income taxes $4.01 million $4.65 million -14%

Net income $2.49 million $2.91 million -14%

EBITDA $5.18 million $5.14 million +1%

Net earnings per share
(fully diluted) $0.08 $0.10



Sangoma finished the financial year with working capital of $8.97 million, as compared to $8.96 million on June 30, 2008. Cash flow during the year was positive $0.68 million, despite the cash outlay for the Paraxip purchase in July 2008.

About Sangoma Technologies Corporation

Sangoma is the premium provider of voice and data connectivity components for software-based communication applications. Sangoma's data cards, voice cards, gateways and connectivity software are used in leading PBX, IVR, contact center and data-communication applications worldwide. The product line represents a comprehensive toolset for deploying cost-effective, powerful, and flexible software communication applications.

Founded in 1984, Sangoma Technologies Corporation is publicly traded on the TSX Venture Exchange (TSX VENTURE:STC). Additional information on Sangoma can be found at: [ www.sangoma.com ].

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.