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anon's avatar

FYI, Canada has a lot of support among Amricans. (i lived there a few years myself).

brookfield's mark carney is leaving to become Canada's next PM and deal with trump. carney also has experience as Bank Governor for 2 nations ; this is bringing a bazooka to a pillow fight.

on top of that, the Canadian people seem pretty tired of all MAGA\musk agendas. they seem willing to take the pain of keeping their tariffs in place for some time until flops stop and someone (else) is leading serious negotiations and not pimping propaganda.

but hey, at least there is trumpcoin for american retirement, and~40 fewer lbs of northern fentanyl.

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Pound the Rock Investing's avatar

Have you ever looked at Sylogist? A very nice entry point right now if you ask me.

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Mathieu Martin's avatar

Hey Adam, yeah I've looked into it a little bit last year. The FY24 results look decent! That said, at 3x revenue, 4x ARR and 13x EBITDA for a business growing ARR at 13-15%, it seems relatively fair to me. What am I missing?

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Pound the Rock Investing's avatar

I would read through the recent deck and also note past comments on future SaaS ARR growth. They are currently transitioning to their partner led sales model, which is going very well, along with capturing new whitespace which is going to accelerate growth above 30% by 2026-27.

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