Haivision Systems Inc

Haivision Systems Inc

HAI · TO · Technology / Software - Infrastructure

3.64CAD+0.12 (+3.41%)

Price History

Full chart

Market Stats

Previous Close3.52
Open3.62
Day Range3.60 – 3.91
52-Week Range3.53 – 10.40
Volume102.36K
Market Cap102.27M
P/E (TTM)0.00
Forward P/E22.83
EPS-0.03
Dividend Yield0.00%
Beta1.07
50-Day Avg4.22
200-Day Avg6.11

About

Haivision Systems Inc. provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Haivision Command 360, a video wall solution for situational awareness and real-time decision-making in mission-critical environments; Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV; Haivision Play Pro, a free app for securely playing or streaming live SRT feeds from anywhere over the internet; Haivision Play Set-Top Boxes, a high quality viewing solution; Makito X H.264 that encodes high quality video at low latency with secure and reliable SRT streaming; Haivision StreamHub that receives, decodes, and distributes live video streams from any Haivision mobile transmitter; Haivision SRT Gateway, a broadcast solution for secure routing of live video streams across different types of IP networks; and SRT Open Source Protocol that delivers secure, high quality, and low latency video across the public internet. It provides intelligence, surveillance, reconnaissance (ISR) video solutions, including Makito X4, a low latency encoder for live broadcast and mission-critical video; Kraken, a video transcoder for mission-critical applications; Makito X4 Rugged, a video encoder for military-grade video encoding appliance; Haivision Play ISR, a free software application designed for defense and ISR; Makito X1 Rugged, a low latency for ISR and situational awareness video encoder; Makito FX, a real-time encoding for mission-critical video; and Haivision EMS, an element management system for centrally managing and monitoring encoders and decoders. The company was formerly known as Hajtek Vision Inc. and changed its name to Haivision Systems Inc. in June 2004. Haivision Systems Inc. was incorporated in 2004 and is headquartered in Montreal, Canada.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Miroslav Wicha
  • Employees389
  • Headquarters2600 Blvd. Alfred-Nobel, Montreal, QC, Canada, H4S 0A9, Canada
  • Websitehttps://www.haivision.com

Leadership

  • Mr. Miroslav WichaChairman, President & CEO
  • Mr. Dan RabinowitzCFO, Secretary & EVP
  • Mr. Peter Maag M.B.A.Chief Strategy Officer & Executive VP of Strategic Partnerships
  • Mr. Jean-Marc Maurice Andre RacineChief Product Officer & EVP Broadcast
  • Mr. Jesús OlivaChief Technology Officer & EVP Mission
  • Mr. Marcus Schioler B.Sc.Vice President of Marketing
  • Mr. Ronan PoullaouecSenior Vice President Engineering of Broadcast
  • Steve BrousseauSenior Vice President of Customer Success
  • Mr. Brian HenryPresident of MCS

Financials

Income Statement

Currency: CAD2017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Revenue55.06M67.48M74.09M83.11M92.59M125.70M139.86M129.54M137.64M
Growth (%)-+22.55%+9.80%+12.18%+11.41%+35.75%+11.26%-7.38%+6.25%
Cost of Revenue14.28M15.75M18.42M19.36M23.27M39.37M41.27M34.85M45.66M
Gross Profit40.78M51.73M55.67M63.75M69.33M86.33M98.58M94.69M91.97M
Gross Margin74.07%76.65%75.13%76.70%74.87%68.68%70.49%73.10%66.82%
Operating Expense40.07M47.25M50.46M55.59M74.81M89.17M97.36M89.21M91.44M
Operating Income713.19K4.47M5.20M8.16M-5.49M-2.84M1.23M5.48M530.23K
Operating Margin1.30%6.63%7.02%9.82%-5.93%-2.26%0.88%4.23%0.39%
EBITDA4.02M4.88M5.91M9.90M-2.67M3.06M11.07M15.30M7.89M
EBITDA Margin7.30%7.24%7.98%11.91%-2.88%2.43%7.91%11.81%5.73%
Net Income2.34M2.58M3.68M5.80M-8.78M-6.19M-1.27M4.70M114.64K
Net Income Margin4.25%3.82%4.96%6.97%-9.49%-4.93%-0.90%3.63%0.08%
R&D11.17M13.00M18.39M19.45M18.62M29.35M28.83M27.52M30.02M
R&D as % of Total Revenue20.29%19.27%24.82%23.40%20.11%23.35%20.62%21.25%21.81%
Interest Expense224.73K248.52K178.54K345.13K468.38K1.13M1.74M1.05M1.09M
Interest Expense % of Total Revenue0.41%0.37%0.24%0.42%0.51%0.90%1.24%0.81%0.79%

Balance Sheet

Currency: CAD2017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Assets42.29M49.32M46.05M62.77M122.48M148.60M144.09M141.32M145.04M
Total Liabilities22.72M26.94M21.69M32.69M33.56M58.35M49.94M44.52M47.46M
Total Equity19.57M22.37M24.36M30.07M88.92M90.25M94.15M96.80M97.58M
Cash5.37M6.94M2.52M15.72M26.84M5.77M8.29M16.47M17.20M
Total Debt4.01M2.56M1.02M7.57M8.59M24.97M16.18M10.27M9.98M
Net Debt-1.36M-4.39M-1.49M-8.14M-18.25M19.20M7.89M-6.20M-7.22M

Cash Flow

Currency: CAD2017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating Cash Flow2.36M3.95M6.33M13.92M2.22M-5.08M15.25M19.49M8.71M
Investing Cash Flow-820.17K-946.18K-1.86M-2.54M-20.32M-25.76M-3.07M-2.20M-1.75M
Financing Cash Flow1.75M-1.53M-8.90M1.79M30.23M8.58M-9.88M-9.18M-6.69M
Capital Expenditure820.17K946.18K703.18K310.75K776.62K1.04M1.29M2.00M1.75M
Free Cash Flow1.54M3.01M5.63M13.61M1.44M-6.12M14.20M17.49M6.96M
Dividends Paid-1.53M1.53M1.53M1.53M0---
FCF to OCF65.30%76.07%88.89%97.77%64.95%120.52%93.12%89.76%79.95%
Dividend Paid to FCF-50.95%27.24%11.26%106.46%0.00%---

Earnings

Report DateJan 28, 2021Mar 11, 2021Jun 9, 2021Sep 14, 2021Jan 25, 2022Mar 15, 2022Jun 15, 2022Sep 13, 2022Jan 25, 2023Mar 15, 2023Jun 14, 2023Sep 13, 2023Jan 17, 2024Mar 14, 2024Jun 12, 2024Sep 11, 2024Jan 15, 2025Mar 13, 2025Jun 11, 2025Sep 10, 2025Jan 14, 2026Mar 12, 2026Jun 10, 2026Sep 9, 2026Jan 13, 2027
EPS Estimate-0.010.050.080.110.030.030.03-0.04-0.09-0.02-0.070.030.040.050.060.080.020.020.010.050.01-0.04-0.03-0.01
EPS Actual0.030.100.050.040.03-0.02-0.01-0.15-0.01-0.05-0.050.020.080.040.030.010.07-0.04-0.080.010.11-0.01-0.07-0.08-
Surprise-900.00%0.00%-50.00%-72.73%-166.67%-133.33%-600.00%75.00%44.44%-150.00%128.57%166.67%0.00%-40.00%-83.33%-12.50%-300.00%-500.00%0.00%120.00%-200.00%-75.00%-166.67%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap102.27M
Enterprise Value97.62M
Trailing P/E0.00
Forward P/E22.83
Price / Sales0.72
Price / Book1.06
EPS-0.03
Book Value3.41
Revenue (TTM)142.47M
Gross Profit (TTM)100.52M
EBITDA1.70M
Profit Margin-0.48%
Operating Margin-4.93%
Return on Equity-0.75%
Return on Assets-0.51%
Shares Outstanding26.77M
Shares Float17.71M
Beta1.07
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%