5 Profitable TSX Tech Stocks with Good Prospects

Even though the tech sector has underperformed during the past year, our analysts have identified some profitable Canadian tech names that are poised to grow

SmallCapPower | June 17, 2016: Year to date, tech stocks have not performed well, especially the small caps. In the broader S&P Technology Sector Index, returns YTD are also flat. That being said, there are still some quality small cap technology stocks with profitable operations and relatively low debt levels, putting these names in a good position to succeed and less prone to market downturns.

Points International Ltd. (TSE:PTS) – $12.00
Online Services

Points International Ltd. (Points) provides a range of e-commerce and technology services to loyalty program operators using a common infrastructure. These services include a range of white label or private branded e-commerce services (Loyalty Currency Services) that enable the sale of loyalty currencies (such as frequent flyer miles, hotel points and credit card points), both retail and wholesale, and support the loyalty program consumer offerings and their back end operations.

• Market Cap: 184,168,065.66
• Revenue: 399,500,595
• EPS: 3,958,270,000
• Total Debt: 0

Avigilon Corp. (TSE:AVO) – $12.99
Communications & Networking

Avigilon Corporation is a provider of business intelligence and security solutions. The Company operates through the segment in which it designs, manufactures and markets video surveillance and access control software and equipment for the global security market. Its security solutions are installed at school campuses, transportation systems, healthcare centers, public venues, prisons, factories, casinos, airports, financial institutions, government facilities and retailers. It offers security product solutions, including high definition Internet protocol (HD IP) cameras, network video recorders (NVR), analog video encoders, Avigilon control center (ACC), Avigilon access control manager (ACM) and RIALTO analytics appliance.

• Market Cap: 565,142,589.13
• Revenue: 392,010,386
• EPS: 1,982,200,000
• Total Debt: 124,419,671

Evertz Technologies Ltd. (TSE:ET) – $18.51
Communications & Networking

Evertz Technologies Limited (Evertz) is Canada-based company, which provides equipment to the television broadcast telecommunications and new-media industries. Evertz designs, manufactures and markets video and audio infrastructure equipment for the production, post-production and transmission of television content. Its products include routers, infrastructure products, multi-viewers, RF products, compression products, master sync, clock and test products, master control and branding products, monitoring, control and Network Management System, fiber and transport products, playout and media management and production and post-production products.

• Market Cap: 215,285,203.21
• Revenue: 381,550,000
• EPS: 463,511,000
• Total Debt: 1,126,000

NeuLion Inc. (TSE:NLN) – $1.03
IT Services & Consulting

NeuLion, Inc. is a provider of enterprise digital video solutions. The Company’s solution, the NeuLion Digital Platform, is a cloud-based, fully integrated solution that allows the delivery and monetization of digital video content. The NeuLion Digital Platform offers content owners and rightsholders a suite of digital technologies, together with services for back-end content preparation, management, delivery and monetization, in an end-to-end solution.

• Market Cap: 114,570,744.63
• Revenue: 130,130,890
• EPS: 3,294,323,900
• Total Debt: 0

Vecima Networks Inc. (TSE:VCM) – $10.53
Communications & Networking

Vecima Networks Inc. is a Canada-based company, which designs, manufactures and sells products that enable broadband access to cable, wireless and telephony networks. Service providers use its solutions to deliver services to a broadband market, including triple play (voice, video and data) and quadruple play (voice, video, data and wireless) services.

• Market Cap: 231,576,011.33
• Revenue: 110,063,000
• EPS: 259,601,447
• Total Debt: 2,771,000

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