Explosive earnings increases could propel the TSX tech stocks on our list
SmallCapPower | January 19, 2017: With quarterly earnings expected to be released shortly for the TSX tech stocks on our list today, we have identified those that have the highest expected earnings increases, year over year. Earnings per share is one of the most followed fundamental financial metrics in the investment community.
Nexj Systems Inc. (TSX: NXJ) – $3.50
IT Services & Consulting
Nexj Systems Inc provides enterprise customer management solutions to the financial services industry. The Company’s solutions include customer relationship management (CRM) for multi-channel engagement and collaboration; customer process management (CPM) for client onboarding and know your customer (KYC), and customer data management (CDM) to deliver a view of customers across line of business and regional data silos. Its CRM solution includes additional modules, such as NexJ for Contact Center, NexJ Contact for Mobile and NexJ Enterprise Synchronization for Microsoft Exchange. Its CDM is an enterprise integration platform consisted of components, such as Semantic Model Engine, Big Data Store and Real Time Event Engine.
- Market Cap: $73 million
- Total Revenue (LTM): $31 million
- Total Debt (FQ0): $0.35 million
- Expected EPS Growth (Next Yr/This Yr): 1,600.0%
NeuLion Inc. (TSX: NLN) – $1.23
Software
NeuLion, Inc. is a provider of enterprise digital video solutions. Its 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 rights holders a suite of digital technologies, together with services for back-end content preparation, management, delivery and monetization, in an end-to-end solution. The Company’s solution suite also includes its DivX video solution that allows consumer electronics (CE) manufacturers to provide a video experience and premium screen resolution, till Ultra High-Definition (HD)/4K, across virtually all content formats, for a range of connected devices.
- Market Cap: $330 million
- Total Revenue (LTM), Millions): $135 million
- Total Debt (FQ0): 0.00
- Expected EPS Growth (Next Yr/This Yr): 900.0%
Redknee Solutions Inc. (TSX: RKN) – $1.72
IT Services & Consulting
Redknee Solutions Inc. is a Canada-based company, which offers real-time monetization and subscriber management software products, solutions and services. Its solutions include Redknee Communications Suite, including Revenue Management, fourth generation (4G) Monetization, Cloud Solutions, Marketing Solutions and Customer Experience, and Redknee Connected Suite, including Energy and Utilities, Internet of Things and Retail. Its products include Redknee Unified, Redknee Turnkey Converged Billing (TCB), Redknee Policy Control Server (PCS), Redknee InBill and Redknee Railway.
- Market Cap: $186 million
- Total Revenue (LTM): $227 million
- Total Debt (FQ0): $66.22 million
- Expected EPS Growth (Next Yr/This Yr): 718.9%
Cortex Business Solutions Inc. (TSXV: CBX) – $3.03
Online Services
Cortex Business Solutions Inc. (Cortex) is a Canada-based company, which is engaged in the business of e-commerce products and services that streamlines procurement and supply chain processes for its customers in both Canada and the United States. The Company offers an online network that helps companies connect and interact with each other to transmit documents to manage their businesses through the augmented exchange of documents. The Cortex Network provides a document exchange process for industries with complicated procurement practices.
- Market Cap: $27 million
- Total Revenue (LTM): $10 million
- Total Debt (FQ0): 0.00
- Expected EPS Growth (Next Yr/This Yr): 300.0%
Absolute Software Corp. (TSX: ABT) – $6.83
IT Services & Consulting
Absolute Software Corporation is engaged in the development, marketing and support of endpoint security and data risk management solutions to commercial, healthcare, education and government customers. The Company’s solutions and technology include Absolute Data and Device Security (Absolute DDS), which enables customers to secure endpoints, asses risk and respond to security threats; Persistence Technology, and Persistence Services. The Company’s Absolute DDS enables customers to monitor the security posture of their computing endpoints and respond to security threats.
- Market Cap: $267 million
- Total Revenue (LTM): $115 million
- Total Debt (FQ0): 0.00
- Expected EPS Growth (Next Yr/This Yr): 285.9%