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Baylin Technologies Inc. (T:BYL)

Business Focus: Communications & Networking (NEC)

Sector:  Technology Industry:  Communications & Networking
 
Company Contact
Address: 4711 Yonge Street, Suite 503
TORONTO ON M2N 6K8
Tel: N/A
Website: https://www.baylintech.com
IR: See website
Key People
Jeffrey C. Royer
Chairman of the Board
Leighton Carroll
President, Chief Executive Officer
Dan Nohdomi
Chief Financial Officer, Senior Vice President
Minya Gavrilovic
President, Chief Technology Officer - Galtronics USA
John Restivo
President - Advantech Wireless Technologies
Denis Lee
Senior Vice President, Head of Mobile/Network, Asia Pacific
Business Overview
Baylin Technologies Inc. is a Canada-based diversified global technology company. The Company is focused on the research, design, development, manufacture and sale of passive and active radio-frequency products, satellite communications products, and supporting services. The Company's products are marketed and sold under the brand names Galtronics and Advantech Wireless. The Galtronics line of business designs and manufactures wireless antenna solutions for customers embedded, infrastructure, mobile and network enabled products. The Galtronics line of business is comprised of three business lines: Embedded Antenna, Wireless Infrastructure, and Mobile and Network. The Satcom line of business designs and manufactures radio frequency (RF) and microwave products for wireless communications markets and for commercial, critical infrastructure, government and military clients. The Satcom products are manufactured at the Company's facilities in Canada and the United States.
Financial Overview
For the fiscal year ended 31 December 2023, Baylin Technologies Inc revenues decreased 7% to C$73M. Net loss before extraordinary items decreased 35% to C$8.2M. Revenues reflect Vietnam segment decrease of 98% to C$606K, India segment decrease of 99% to C$59K. Lower net loss reflects Amortization decrease of 73% to C$1.3M (expense), Gain on lease termination and sale of no increase from C$0K to C$3.4M (income).
Employees: 455 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $63.01M as of Dec 31, 2023
Annual revenue (TTM): $73.04M as of Dec 31, 2023
EBITDA (TTM): -$4.92M as of Dec 31, 2023
Net annual income (TTM): -$8.22M as of Dec 31, 2023
Free cash flow (TTM): -$7.39M as of Dec 31, 2023
Net Debt Last Fiscal Year: $23.76M as of Dec 31, 2023
Shares outstanding: 150,968,738 as of Apr 10, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization