Converge Technology Solutions Key Executives
This section highlights Converge Technology Solutions's key executives, including their titles and compensation details.
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Converge Technology Solutions Earnings
This section highlights Converge Technology Solutions's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Date:
May 07, 2025
Time:
Before Market
Est. EPS:
$0.14
Status:
Unconfirmed
Last Earnings Results
Date:
March 04, 2025
EPS:
$0.23
Est. EPS:
$0.13
Revenue:
$680.78M
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q3 | 2024 | 2024-11-12 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-08 | $0.14 | $0.19 |
| Read Transcript | Q1 | 2024 | 2024-05-10 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-03-06 | $0.14 | $0.19 |
| Read Transcript | Q3 | 2023 | 2023-11-14 | $0.11 | $0.10 |
| Read Transcript | Q2 | 2023 | 2023-08-09 | $0.10 | $0.12 |
| Read Transcript | Q1 | 2023 | 2023-05-10 | N/A | N/A |
Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization. In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions. Further, the company provides hardware for education and public sectors. It serves corporate and government institutions. The company has operations in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.
Technology
Information Technology Services
$5.47
Stock Price
$1.03B
Market Cap
-
Employees
Toronto, ON
Location
Financial Statements
Access annual & quarterly financial statements for Converge Technology Solutions, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $2.59B | $2.71B | $2.16B | $1.53B | $948.80M |
| Cost of Revenue | $1.90B | $2.11B | $1.61B | $1.18B | $715.79M |
| Gross Profit | $691.44M | $591.43M | $550.77M | $345.70M | $233.01M |
| Gross Profit Ratio | 26.68% | 21.90% | 25.44% | 22.60% | 24.56% |
| Research and Development Expenses | $- | $2.44M | $845.00K | $- | $- |
| General and Administrative Expenses | $537.81M | $544.81M | $421.94M | $259.49M | $181.41M |
| Selling and Marketing Expenses | $2.96M | $1.73M | $-245.00K | $-339.00K | $416.00K |
| Selling General and Administrative Expenses | $540.78M | $544.81M | $421.69M | $259.15M | $181.82M |
| Other Expenses | $150.67M | $- | $75.11M | $36.47M | $21.47M |
| Operating Expenses | $691.44M | $547.25M | $496.81M | $295.62M | $203.29M |
| Cost and Expenses | $2.59B | $2.66B | $2.11B | $1.48B | $919.08M |
| Interest Income | $- | $- | $17.49M | $6.90M | $15.96M |
| Interest Expense | $30.98M | $41.23M | $19.86M | $7.80M | $19.67M |
| Depreciation and Amortization | $100.46M | $119.98M | $80.06M | $39.59M | $26.57M |
| EBITDA | $-69.08M | $142.64M | $118.71M | $71.36M | $43.75M |
| EBITDA Ratio | -2.67% | 5.27% | 6.98% | 5.74% | 5.42% |
| Operating Income | $- | $46.62M | $70.99M | $48.11M | $24.41M |
| Operating Income Ratio | 0.00% | 1.72% | 3.28% | 3.15% | 2.57% |
| Total Other Income Expenses Net | $-200.52M | $-65.18M | $-111.90M | $-28.13M | $-36.34M |
| Income Before Tax | $-200.52M | $-18.57M | $18.79M | $23.97M | $-2.50M |
| Income Before Tax Ratio | -7.74% | -0.69% | 0.87% | 1.57% | -0.26% |
| Income Tax Expense | $-19.53M | $-12.17M | $-4.06M | $7.61M | $1.67M |
| Net Income | $-177.71M | $-1.45M | $27.28M | $16.37M | $-4.17M |
| Net Income Ratio | -6.86% | -0.05% | 1.26% | 1.07% | -0.44% |
| EPS | $-0.90 | $-0.01 | $0.13 | $0.09 | $-0.04 |
| EPS Diluted | $-0.90 | $-0.01 | $0.13 | $0.08 | $-0.04 |
| Weighted Average Shares Outstanding | 197.71M | 206.67M | 213.10M | 185.81M | 102.95M |
| Weighted Average Shares Outstanding Diluted | 197.71M | 206.67M | 215.81M | 187.94M | 102.95M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $680.78M | $630.69M | $651.85M | $628.77M | $651.09M | $710.11M | $665.81M | $678.20M | $414.75M | $603.21M | $596.66M | $550.04M | $504.98M | $367.35M | $345.31M | $310.20M | $289.56M | $189.88M | $227.84M | $241.53M |
| Cost of Revenue | $502.15M | $472.43M | $497.77M | $477.71M | $498.77M | $536.02M | $490.14M | $506.61M | $245.83M | $463.55M | $463.50M | $440.99M | $389.09M | $283.58M | $267.06M | $242.41M | $218.63M | $137.48M | $172.99M | $186.69M |
| Gross Profit | $178.63M | $158.26M | $154.08M | $151.06M | $152.32M | $174.09M | $175.67M | $171.59M | $168.92M | $139.65M | $133.15M | $109.05M | $115.89M | $83.77M | $78.24M | $67.80M | $70.93M | $52.40M | $54.85M | $54.84M |
| Gross Profit Ratio | 26.24% | 25.10% | 23.60% | 24.00% | 23.40% | 24.50% | 26.40% | 25.30% | 40.70% | 23.20% | 22.30% | 19.80% | 22.90% | 22.80% | 22.70% | 21.90% | 24.50% | 27.59% | 24.07% | 22.70% |
| Research and Development Expenses | $- | $- | $- | $- | $2.44M | $- | $- | $- | $845.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $132.26M | $131.80M | $137.08M | $136.66M | $138.41M | $135.71M | $116.38M | $133.35M | $130.05M | $112.42M | $97.67M | $81.79M | $84.52M | $67.38M | $57.76M | $49.84M | $49.35M | $40.67M | $45.70M | $46.74M |
| Selling and Marketing Expenses | $2.96M | $- | $- | $- | $- | $- | $21.44M | $- | $-245.00K | $- | $- | $- | $-339.00K | $- | $- | $- | $416.00K | $- | $- | $- |
| Selling General and Administrative Expenses | $135.22M | $131.80M | $137.08M | $136.66M | $138.41M | $135.71M | $137.82M | $133.35M | $129.81M | $112.42M | $97.67M | $81.79M | $84.18M | $67.38M | $57.76M | $49.84M | $49.77M | $40.67M | $45.70M | $46.74M |
| Other Expenses | $43.40M | $26.45M | $- | $-2.19M | $9.29M | $-323.00K | $212.00K | $25.89M | $20.36M | $23.09M | $17.18M | $14.48M | $-6.11M | $8.49M | $-1.91M | $-1.09M | $-1.72M | $-506.00K | $-999.00K | $1.62M |
| Operating Expenses | $178.63M | $158.26M | $137.08M | $136.66M | $138.41M | $165.16M | $164.71M | $159.24M | $150.17M | $135.51M | $114.85M | $96.27M | $96.10M | $77.54M | $65.65M | $56.33M | $55.03M | $45.85M | $51.33M | $52.14M |
| Cost and Expenses | $680.78M | $630.69M | $634.85M | $614.37M | $637.18M | $701.18M | $654.85M | $665.85M | $396.00M | $599.07M | $578.35M | $537.27M | $485.19M | $361.12M | $332.72M | $298.73M | $273.66M | $183.33M | $224.32M | $238.83M |
| Interest Income | $- | $- | $- | $- | $- | $- | $10.65M | $9.35M | $6.69M | $5.89M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $8.10M | $7.13M | $7.33M | $8.43M | $10.36M | $10.87M | $10.65M | $9.35M | $9.06M | $5.89M | $3.09M | $1.82M | $2.13M | $1.53M | $1.73M | $2.42M | $3.72M | $5.14M | $5.32M | $5.50M |
| Depreciation and Amortization | $23.58M | $22.86M | $26.97M | $27.04M | $31.64M | $31.56M | $29.23M | $27.55M | $21.99M | $24.10M | $18.74M | $15.34M | $12.60M | $10.32M | $9.07M | $7.24M | $6.77M | $6.48M | $7.02M | $6.78M |
| EBITDA | $10.47M | $23.27M | $-138.32M | $41.44M | $45.55M | $40.48M | $40.20M | $40.37M | $22.04M | $28.35M | $37.20M | $28.28M | $25.29M | $16.44M | $14.52M | $18.91M | $17.25M | $14.75M | $6.76M | $10.69M |
| EBITDA Ratio | 1.54% | 3.69% | -21.22% | 6.59% | 7.00% | 5.66% | 6.07% | 5.39% | 9.19% | 8.60% | 6.71% | 3.84% | 5.24% | 6.69% | 5.55% | 5.64% | 5.96% | 6.59% | 4.19% | 4.59% |
| Operating Income | $- | $- | $16.99M | $14.39M | $13.91M | $8.60M | $11.18M | $9.04M | $16.14M | $27.77M | $21.30M | $5.79M | $13.51M | $14.26M | $10.09M | $10.25M | $10.48M | $6.04M | $2.52M | $4.31M |
| Operating Income Ratio | 0.00% | 0.00% | 2.61% | 2.29% | 2.14% | 1.21% | 1.68% | 1.33% | 3.89% | 4.60% | 3.57% | 1.05% | 2.67% | 3.88% | 2.92% | 3.30% | 3.62% | 3.18% | 1.11% | 1.79% |
| Total Other Income Expenses Net | $-21.21M | $-6.72M | $-189.61M | $-14.37M | $-18.37M | $-4.37M | $-6.76M | $-16.10M | $-29.77M | $-12.05M | $-5.39M | $-13.94M | $-2.94M | $-1.74M | $-8.99M | $-6.56M | $-6.58M | $-7.51M | $-10.62M | $-5.82M |
| Income Before Tax | $-21.21M | $-6.72M | $-172.62M | $28.00K | $-4.45M | $-4.37M | $-6.45M | $-3.29M | $-9.02M | $15.73M | $13.08M | $-1.00M | $10.57M | $4.58M | $3.72M | $5.10M | $3.90M | $764.00K | $-5.57M | $-1.59M |
| Income Before Tax Ratio | -3.11% | -1.07% | -26.48% | 0.00% | -0.68% | -0.62% | -0.97% | -0.48% | -2.17% | 2.61% | 2.19% | -0.18% | 2.09% | 1.25% | 1.08% | 1.64% | 1.35% | 0.40% | -2.44% | -0.66% |
| Income Tax Expense | $-12.03M | $-3.41M | $-7.66M | $3.57M | $-9.23M | $-1.06M | $-1.96M | $75.00K | $-4.36M | $-2.50M | $1.40M | $1.41M | $3.49M | $-11.00K | $2.70M | $1.44M | $2.94M | $70.00K | $-1.17M | $-173.00K |
| Net Income | $-9.17M | $-3.31M | $-163.32M | $-1.91M | $5.86M | $-1.80M | $-3.55M | $-3.36M | $-4.66M | $20.59M | $12.02M | $-2.41M | $6.66M | $4.60M | $1.02M | $3.67M | $950.00K | $694.00K | $-4.40M | $-1.42M |
| Net Income Ratio | -1.35% | -0.52% | -25.05% | -0.30% | 0.90% | -0.25% | -0.53% | -0.50% | -1.12% | 3.41% | 2.01% | -0.44% | 1.32% | 1.25% | 0.30% | 1.18% | 0.33% | 0.37% | -1.93% | -0.59% |
| EPS | $-0.05 | $-0.02 | $-0.82 | $-0.01 | $0.03 | $-0.01 | $-0.02 | $-0.02 | $-0.02 | $0.10 | $0.06 | $-0.01 | $0.03 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $-0.05 | $-0.02 |
| EPS Diluted | $-0.05 | $-0.02 | $-0.82 | $-0.01 | $0.03 | $-0.01 | $-0.02 | $-0.02 | $-0.02 | $0.10 | $0.06 | $-0.01 | $0.03 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $-0.05 | $-0.02 |
| Weighted Average Shares Outstanding | 188.61M | 195.11M | 199.62M | 203.68M | 203.95M | 205.08M | 204.92M | 208.97M | 208.98M | 210.72M | 215.29M | 214.80M | 214.80M | 197.03M | 171.41M | 159.79M | 159.79M | 100.71M | 88.02M | 87.41M |
| Weighted Average Shares Outstanding Diluted | 188.61M | 195.11M | 199.62M | 203.68M | 203.95M | 205.08M | 208.33M | 211.37M | 212.92M | 214.47M | 218.60M | 217.33M | 217.33M | 200.17M | 174.49M | 164.29M | 164.29M | 107.08M | 91.84M | 87.41M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $142.46M | $169.87M | $159.89M | $248.19M | $64.77M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $142.46M | $169.87M | $159.89M | $248.19M | $64.77M |
| Net Receivables | $1.00B | $814.23M | $781.68M | $416.50M | $364.31M |
| Inventory | $62.94M | $73.17M | $158.43M | $104.25M | $37.87M |
| Other Current Assets | $31.01M | $27.62M | $28.28M | $11.76M | $10.38M |
| Total Current Assets | $1.24B | $1.08B | $1.13B | $780.71M | $477.32M |
| Property Plant Equipment Net | $69.70M | $75.49M | $88.35M | $30.64M | $23.56M |
| Goodwill | $404.71M | $564.77M | $563.85M | $323.28M | $110.07M |
| Intangible Assets | $265.88M | $375.18M | $463.75M | $233.59M | $108.92M |
| Goodwill and Intangible Assets | $670.59M | $939.95M | $1.03B | $556.87M | $218.99M |
| Long Term Investments | $4.79M | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $204.21M | $53.58M | $4.65M | $617.00K | $749.00K |
| Total Non-Current Assets | $949.29M | $1.07B | $1.12B | $588.13M | $243.30M |
| Other Assets | $- | $- | $- | $- | $1.00K |
| Total Assets | $2.19B | $2.15B | $2.25B | $1.37B | $720.62M |
| Account Payables | $1.20B | $913.99M | $824.92M | $519.43M | $398.00M |
| Short Term Debt | $639.00K | $456.00K | $437.53M | $816.00K | $140.85M |
| Tax Payables | $- | $9.29M | $7.11M | $13.98M | $764.00K |
| Deferred Revenue | $81.11M | $59.33M | $60.21M | $27.58M | $17.38M |
| Other Current Liabilities | $39.88M | $54.06M | $108.13M | $29.41M | $14.55M |
| Total Current Liabilities | $1.32B | $1.04B | $1.44B | $591.22M | $571.55M |
| Long Term Debt | $255.46M | $414.69M | $37.84M | $412.00K | $13.92M |
| Deferred Revenue Non-Current | $- | $- | $-39.49M | $- | $- |
| Deferred Tax Liabilities Non-Current | $28.80M | $67.17M | $102.98M | $43.09M | $12.58M |
| Other Non-Current Liabilities | $218.69M | $20.98M | $39.34M | $85.30M | $20.82M |
| Total Non-Current Liabilities | $502.96M | $502.84M | $180.16M | $128.79M | $47.32M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $1.83B | $1.54B | $1.62B | $720.01M | $618.87M |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $555.52M | $599.43M | $595.02M | $633.49M | $135.35M |
| Retained Earnings | $-241.92M | $-28.17M | $-18.44M | $-25.05M | $-39.28M |
| Accumulated Other Comprehensive Income Loss | $28.60M | $3.96M | $13.71M | $329.00K | $817.00K |
| Other Total Stockholders Equity | $16.53M | $10.97M | $7.92M | $2.33M | $1 |
| Total Stockholders Equity | $358.74M | $586.20M | $599.91M | $613.49M | $101.75M |
| Total Equity | $358.74M | $612.15M | $630.81M | $648.83M | $101.75M |
| Total Liabilities and Stockholders Equity | $2.19B | $2.15B | $2.25B | $1.37B | $720.62M |
| Minority Interest | $- | $25.95M | $30.90M | $35.34M | $- |
| Total Liabilities and Total Equity | $2.19B | $2.15B | $2.25B | $1.37B | $720.62M |
| Total Investments | $4.79M | $-547.00K | $- | $- | $- |
| Total Debt | $256.10M | $433.29M | $421.73M | $1.23M | $139.16M |
| Net Debt | $113.65M | $262.87M | $261.84M | $-246.97M | $74.40M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $142.46M | $180.46M | $174.09M | $158.62M | $170.42M | $105.22M | $78.44M | $139.03M | $159.89M | $172.23M | $184.18M | $216.66M | $248.19M | $210.34M | $124.92M | $68.43M | $64.77M | $59.05M | $36.37M | $26.75M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $142.46M | $180.46M | $174.09M | $158.62M | $170.42M | $105.22M | $78.44M | $139.03M | $159.89M | $172.23M | $184.18M | $216.66M | $248.19M | $210.34M | $124.92M | $68.43M | $64.77M | $59.05M | $36.37M | $26.75M |
| Net Receivables | $1.00B | $775.03M | $882.38M | $820.58M | $814.23M | $803.67M | $781.33M | $784.10M | $781.68M | $637.76M | $597.47M | $468.51M | $416.50M | $358.55M | $351.66M | $345.24M | $364.31M | $186.35M | $206.15M | $251.59M |
| Inventory | $62.94M | $71.75M | $82.66M | $86.05M | $73.17M | $165.79M | $160.41M | $157.61M | $158.43M | $163.78M | $119.26M | $120.19M | $104.25M | $79.55M | $62.10M | $51.71M | $37.87M | $25.20M | $28.05M | $45.39M |
| Other Current Assets | $31.01M | $34.11M | $33.53M | $27.17M | $26.53M | $25.33M | $25.95M | $30.24M | $28.28M | $25.85M | $22.23M | $76.86M | $11.76M | $26.93M | $9.76M | $60.07M | $10.38M | $20.09M | $19.09M | $21.63M |
| Total Current Assets | $1.24B | $1.06B | $1.17B | $1.09B | $1.08B | $1.10B | $1.05B | $1.11B | $1.13B | $999.62M | $923.14M | $882.23M | $780.71M | $675.38M | $548.44M | $525.45M | $477.32M | $290.70M | $289.67M | $345.36M |
| Property Plant Equipment Net | $69.70M | $66.62M | $68.88M | $76.84M | $75.49M | $73.59M | $73.66M | $79.90M | $88.35M | $64.71M | $49.10M | $40.10M | $30.64M | $28.80M | $27.11M | $25.51M | $23.56M | $22.01M | $25.19M | $27.49M |
| Goodwill | $404.71M | $385.02M | $387.57M | $572.73M | $564.77M | $568.19M | $561.28M | $567.00M | $563.85M | $502.57M | $421.79M | $340.78M | $323.28M | $325.99M | $187.00M | $121.45M | $110.07M | $89.86M | $91.50M | $97.38M |
| Intangible Assets | $265.88M | $272.65M | $290.55M | $361.51M | $375.18M | $400.54M | $419.40M | $446.96M | $463.75M | $454.12M | $355.97M | $277.44M | $233.59M | $238.62M | $147.90M | $113.07M | $108.92M | $89.69M | $94.79M | $101.03M |
| Goodwill and Intangible Assets | $670.59M | $657.67M | $678.12M | $934.24M | $939.95M | $968.72M | $980.69M | $1.01B | $1.03B | $956.69M | $777.75M | $618.22M | $556.87M | $564.61M | $334.90M | $234.51M | $218.99M | $179.55M | $186.29M | $198.42M |
| Long Term Investments | $4.79M | $27.91M | $29.88M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $204.21M | $202.29M | $115.35M | $51.23M | $53.58M | $17.46M | $17.94M | $12.06M | $4.65M | $663.00K | $609.00K | $674.00K | $617.00K | $1.27M | $1.97M | $2.02M | $749.00K | $796.00K | $1.81M | $1.94M |
| Total Non-Current Assets | $949.29M | $954.49M | $892.23M | $1.06B | $1.07B | $1.06B | $1.07B | $1.11B | $1.12B | $1.02B | $827.46M | $658.99M | $588.13M | $594.68M | $363.98M | $262.05M | $243.30M | $202.36M | $213.28M | $227.85M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.00K | $- | $- | $- |
| Total Assets | $2.19B | $2.02B | $2.06B | $2.15B | $2.15B | $2.16B | $2.12B | $2.22B | $2.25B | $2.02B | $1.75B | $1.54B | $1.37B | $1.27B | $912.41M | $787.49M | $720.62M | $493.05M | $502.95M | $573.21M |
| Account Payables | $1.20B | $976.30M | $1.05B | $998.30M | $913.99M | $887.28M | $814.86M | $828.00M | $824.92M | $686.63M | $647.49M | $528.33M | $519.43M | $446.56M | $377.13M | $370.03M | $398.00M | $254.19M | $265.13M | $314.96M |
| Short Term Debt | $639.00K | $25.75M | $28.36M | $16.30M | $35.52M | $16.05M | $13.56M | $474.66M | $437.53M | $383.18M | $199.95M | $162.78M | $816.00K | $849.00K | $50.51M | $141.32M | $140.85M | $106.81M | $153.28M | $154.31M |
| Tax Payables | $- | $- | $- | $16.28M | $9.29M | $10.97M | $7.82M | $5.40M | $7.11M | $14.15M | $7.30M | $16.79M | $13.98M | $5.77M | $2.45M | $1.46M | $764.00K | $- | $553.00K | $409.00K |
| Deferred Revenue | $81.11M | $61.87M | $66.62M | $61.06M | $59.33M | $48.63M | $47.48M | $60.48M | $60.21M | $69.37M | $52.39M | $36.62M | $27.58M | $34.62M | $34.66M | $20.89M | $17.38M | $15.08M | $14.23M | $15.46M |
| Other Current Liabilities | $39.88M | $43.80M | $16.85M | $81.27M | $3.31M | $47.83M | $36.75M | $37.86M | $108.13M | $20.09M | $16.55M | $26.92M | $29.41M | $35.81M | $26.44M | $19.95M | $14.55M | $14.10M | $17.53M | $25.81M |
| Total Current Liabilities | $1.32B | $1.11B | $1.17B | $1.17B | $1.04B | $1.01B | $933.63M | $1.42B | $1.44B | $1.18B | $931.36M | $771.44M | $591.22M | $523.60M | $491.19M | $553.64M | $571.55M | $396.48M | $457.63M | $517.91M |
| Long Term Debt | $255.46M | $282.59M | $351.81M | $272.52M | $414.69M | $445.16M | $464.47M | $36.09M | $37.84M | $22.43M | $16.73M | $242.00K | $412.00K | $579.00K | $723.00K | $9.95M | $5.88M | $24.83M | $25.39M | $31.17M |
| Deferred Revenue Non-Current | $- | $- | $-32.27M | $1 | $36.69M | $- | $- | $-1.66M | $-39.49M | $-22.43M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $28.80M | $43.40M | $47.77M | $64.10M | $67.17M | $77.03M | $88.28M | $98.51M | $102.98M | $90.69M | $72.85M | $54.41M | $43.09M | $49.69M | $24.62M | $14.53M | $12.58M | $5.50M | $4.88M | $6.10M |
| Other Non-Current Liabilities | $218.69M | $222.66M | $114.63M | $57.79M | $-15.71M | $14.69M | $17.14M | $28.46M | $39.34M | $83.99M | $69.70M | $74.09M | $85.30M | $88.30M | $41.53M | $21.35M | $28.86M | $17.94M | $18.52M | $21.40M |
| Total Non-Current Liabilities | $502.96M | $548.64M | $514.21M | $394.41M | $502.84M | $536.88M | $569.89M | $163.06M | $180.16M | $197.10M | $159.28M | $128.74M | $128.79M | $138.57M | $66.88M | $45.83M | $47.32M | $48.27M | $48.79M | $58.67M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.83B | $1.66B | $1.68B | $1.57B | $1.54B | $1.55B | $1.50B | $1.58B | $1.62B | $1.38B | $1.09B | $900.18M | $720.01M | $662.18M | $558.06M | $599.47M | $618.87M | $444.74M | $506.43M | $576.58M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $555.52M | $557.29M | $574.15M | $575.51M | $599.43M | $603.72M | $604.14M | $599.23M | $595.02M | $609.92M | $633.81M | $633.81M | $633.49M | $633.27M | $383.70M | $217.91M | $135.35M | $83.71M | $31.99M | $31.43M |
| Retained Earnings | $-241.92M | $-226.18M | $-219.05M | $-37.14M | $-28.17M | $-31.67M | $-27.19M | $-20.40M | $-18.44M | $-9.87M | $-14.83M | $-26.84M | $-25.05M | $-29.99M | $-34.59M | $-35.61M | $-39.28M | $-40.23M | $-40.92M | $-39.30M |
| Accumulated Other Comprehensive Income Loss | $28.60M | $13.01M | $16.00M | $12.10M | $3.96M | $3.05M | $156.00K | $15.88M | $13.71M | $-530.00K | $-705.00K | $-6.26M | $329.00K | $794.00K | $1.44M | $614.00K | $817.00K | $-334.00K | $-679.00K | $-1.63M |
| Other Total Stockholders Equity | $16.53M | $15.35M | $12.59M | $11.74M | $10.97M | $10.02M | $9.24M | $8.77M | $7.92M | $6.50M | $5.22M | $3.54M | $2.33M | $1.19M | $1 | $1 | $1 | $307.00K | $6.13M | $6.13M |
| Total Stockholders Equity | $358.74M | $359.47M | $383.69M | $562.21M | $586.20M | $585.11M | $586.36M | $603.48M | $599.91M | $607.65M | $625.58M | $606.32M | $613.49M | $607.88M | $354.35M | $188.03M | $101.75M | $48.31M | $-3.48M | $-3.37M |
| Total Equity | $358.74M | $359.47M | $383.69M | $586.54M | $612.15M | $612.14M | $614.91M | $632.98M | $630.81M | $639.67M | $659.96M | $641.04M | $648.83M | $607.88M | $354.35M | $188.03M | $101.75M | $48.31M | $-3.48M | $-3.37M |
| Total Liabilities and Stockholders Equity | $2.19B | $2.02B | $2.06B | $2.15B | $2.15B | $2.16B | $2.12B | $2.22B | $2.25B | $2.02B | $1.75B | $1.54B | $1.37B | $1.27B | $912.41M | $787.49M | $720.62M | $493.05M | $502.95M | $573.21M |
| Minority Interest | $- | $- | $- | $24.33M | $25.95M | $27.04M | $28.55M | $29.50M | $30.90M | $32.02M | $34.39M | $34.73M | $35.34M | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.19B | $2.02B | $2.06B | $2.15B | $2.15B | $2.16B | $2.12B | $2.22B | $2.25B | $2.02B | $1.75B | $1.54B | $1.37B | $1.27B | $912.41M | $787.49M | $720.62M | $493.05M | $502.95M | $573.21M |
| Total Investments | $4.79M | $27.91M | $29.88M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Debt | $256.10M | $308.34M | $331.68M | $288.82M | $433.29M | $412.75M | $430.31M | $460.22M | $421.73M | $371.69M | $192.34M | $163.02M | $1.23M | $1.43M | $51.24M | $142.21M | $139.16M | $115.66M | $160.32M | $165.71M |
| Net Debt | $113.65M | $127.88M | $157.59M | $130.21M | $262.87M | $307.53M | $351.86M | $321.19M | $261.84M | $199.46M | $8.16M | $-53.64M | $-246.97M | $-208.92M | $-73.69M | $73.78M | $74.40M | $56.61M | $123.95M | $138.96M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $-180.99M | $-1.45M | $22.84M | $16.37M | $-4.17M |
| Depreciation and Amortization | $100.46M | $119.98M | $80.06M | $39.59M | $27.05M |
| Deferred Income Tax | $-19.53M | $-33.89M | $-4.06M | $7.61M | $1.67M |
| Stock Based Compensation | $5.86M | $3.69M | $5.59M | $2.33M | $- |
| Change in Working Capital | $148.46M | $90.75M | $-77.17M | $7.63M | $6.26M |
| Accounts Receivables | $-261.92M | $-98.25M | $-125.84M | $33.00M | $-114.00M |
| Inventory | $14.39M | $81.76M | $38.15M | $-56.55M | $-10.89M |
| Accounts Payables | $- | $111.33M | $33.17M | $25.80M | $123.62M |
| Other Working Capital | $395.99M | $-4.09M | $-22.65M | $5.38M | $7.53M |
| Other Non Cash Items | $215.12M | $50.46M | $14.31M | $13.55M | $20.80M |
| Net Cash Provided by Operating Activities | $269.38M | $229.54M | $41.59M | $87.06M | $51.60M |
| Investments in Property Plant and Equipment | $-1.44M | $-10.83M | $-23.94M | $-6.31M | $-4.99M |
| Acquisitions Net | $- | $- | $-418.15M | $-260.55M | $-43.79M |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $-37.67M | $-93.10M | $-21.34M | $-10.94M | $-17.81M |
| Net Cash Used for Investing Activities | $-39.12M | $-103.93M | $-463.43M | $-277.80M | $-66.59M |
| Debt Repayment | $-159.65M | $-61.26M | $392.11M | $-149.96M | $-36.19M |
| Common Stock Issued | $- | $- | $- | $493.88M | $103.60M |
| Common Stock Repurchased | $-71.51M | $-17.39M | $-40.00M | $- | $-2.12M |
| Dividends Paid | $-10.78M | $-6.16M | $-1.08M | $- | $- |
| Other Financing Activities | $-22.89M | $-29.04M | $-14.72M | $27.46M | $-6.74M |
| Net Cash Used Provided by Financing Activities | $-264.82M | $-113.84M | $336.31M | $371.38M | $58.54M |
| Effect of Forex Changes on Cash | $7.95M | $-1.79M | $-2.77M | $2.78M | $628.00K |
| Net Change in Cash | $-27.69M | $10.53M | $-88.30M | $183.43M | $44.18M |
| Cash at End of Period | $142.73M | $169.87M | $159.89M | $248.19M | $64.77M |
| Cash at Beginning of Period | $170.42M | $159.89M | $248.19M | $64.77M | $20.59M |
| Operating Cash Flow | $269.38M | $229.54M | $41.59M | $87.06M | $51.60M |
| Capital Expenditure | $-1.44M | $-10.83M | $-23.94M | $-6.31M | $-4.99M |
| Free Cash Flow | $267.94M | $218.71M | $17.64M | $80.75M | $46.61M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-9.17M | $-3.31M | $-163.32M | $-1.91M | $5.86M | $-3.32M | $-4.50M | $-3.36M | $-4.66M | $18.23M | $11.68M | $-2.41M | $7.08M | $4.60M | $1.02M | $3.67M | $950.00K | $694.00K | $-4.40M | $-1.42M |
| Depreciation and Amortization | $23.58M | $22.86M | $26.97M | $27.04M | $31.64M | $31.56M | $29.23M | $27.55M | $21.99M | $24.10M | $18.74M | $15.34M | $12.95M | $10.32M | $9.07M | $7.24M | $6.77M | $6.48M | $7.02M | $6.78M |
| Deferred Income Tax | $-12.03M | $-3.41M | $-7.66M | $3.57M | $-33.89M | $-1.06M | $-1.96M | $75.00K | $-4.36M | $-2.50M | $1.40M | $1.41M | $3.49M | $-11.00K | $2.70M | $1.44M | $2.94M | $70.00K | $-1.17M | $-173.00K |
| Stock Based Compensation | $1.19M | $2.76M | $1.14M | $772.00K | $954.00K | $774.00K | $1.12M | $848.00K | $1.42M | $1.27M | $1.69M | $1.21M | $1.13M | $1.19M | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $16.82M | $22.29M | $36.23M | $73.12M | $71.89M | $63.10M | $-40.35M | $-8.16M | $-8.05M | $-7.80M | $-7.06M | $-54.26M | $-13.38M | $34.67M | $7.24M | $-20.90M | $-42.55M | $13.29M | $16.13M | $19.38M |
| Accounts Receivables | $-165.31M | $15.52M | $-126.01M | $13.88M | $-61.84M | $-13.36M | $-20.60M | $-2.44M | $-121.60M | $71.90M | $-48.37M | $-27.77M | $-54.88M | $29.27M | $35.88M | $22.73M | $-163.21M | $15.89M | $37.46M | $-7.40M |
| Inventory | $10.80M | $11.22M | $3.95M | $-11.57M | $91.98M | $-4.10M | $-7.45M | $1.33M | $20.38M | $6.51M | $4.71M | $6.55M | $-25.25M | $-7.10M | $-12.02M | $-12.17M | $-9.73M | $2.50M | $16.07M | $-19.73M |
| Accounts Payables | $- | $- | $151.16M | $68.55M | $32.96M | $81.47M | $-3.88M | $781.00K | $103.01M | $-86.21M | $45.75M | $-29.38M | $74.51M | $16.90M | $-30.46M | $-35.14M | $- | $- | $- | $- |
| Other Working Capital | $171.33M | $-4.45M | $7.13M | $2.26M | $8.80M | $-902.00K | $-8.42M | $-7.83M | $-9.84M | $-8.00K | $-57.52M | $-31.42M | $-7.75M | $-4.39M | $13.83M | $3.68M | $-32.81M | $10.79M | $59.00K | $39.12M |
| Other Non Cash Items | $36.59M | $7.67M | $159.02M | $-10.87M | $31.23M | $4.88M | $6.80M | $11.81M | $24.05M | $-18.35M | $126.00K | $8.49M | $8.49M | $-2.65M | $1.73M | $3.02M | $4.85M | $5.14M | $5.32M | $5.50M |
| Net Cash Provided by Operating Activities | $56.97M | $48.86M | $52.38M | $104.16M | $106.54M | $95.94M | $-9.64M | $28.76M | $30.39M | $14.95M | $26.57M | $-30.22M | $19.77M | $48.12M | $21.76M | $-5.54M | $-27.03M | $25.67M | $22.90M | $30.07M |
| Investments in Property Plant and Equipment | $- | $- | $-2.00M | $-1.86M | $-2.04M | $-1.59M | $-2.09M | $-5.11M | $-5.12M | $-4.33M | $-3.12M | $-11.36M | $-2.65M | $-810.00K | $-1.11M | $-1.76M | $-3.66M | $-460.00K | $-518.00K | $-356.00K |
| Acquisitions Net | $- | $- | $-20.17M | $-11.03M | $-1.23M | $-25.97M | $-1.36M | $-64.54M | $-64.46M | $-154.21M | $-131.54M | $-67.93M | $-16.26M | $-148.14M | $-85.96M | $-10.19M | $-37.09M | $-4.31M | $-4.48M | $-6.70M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-5.76M | $1.71M | $- | $-7.87M | $-1.24M | $-25.97M | $-5.04M | $-64.61M | $-4.13M | $-121.00K | $-5.21M | $-11.70M | $-365.00K | $-1.46M | $-2.71M | $-6.54M | $-5.15M | $-4.31M | $-4.23M | $-4.12M |
| Net Cash Used for Investing Activities | $-5.76M | $1.71M | $-22.17M | $-12.89M | $-3.27M | $-27.56M | $-3.45M | $-69.65M | $-73.72M | $-158.66M | $-139.88M | $-90.98M | $-19.27M | $-150.41M | $-89.78M | $-18.50M | $-45.91M | $-4.77M | $-4.75M | $-11.17M |
| Debt Repayment | $-66.47M | $-28.55M | $36.77M | $-101.40M | $-35.35M | $-26.99M | $-27.94M | $29.02M | $42.90M | $169.59M | $20.01M | $159.62M | $-3.72M | $-54.86M | $-90.57M | $-734.00K | $27.58M | $-45.02M | $-3.83M | $-14.92M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-3.00K | $248.37M | $164.48M | $80.94M | $43.21M | $50.73M | $5.00K | $9.65M |
| Common Stock Repurchased | $-17.71M | $-7.07M | $-44.42M | $-2.30M | $-2.09M | $-1.06M | $-14.23M | $- | $-9.46M | $-30.54M | $- | $- | $- | $- | $- | $- | $- | $- | $-879.00K | $-1.25M |
| Dividends Paid | $-2.85M | $-2.92M | $-2.97M | $-2.03M | $-2.04M | $-2.05M | $-2.07M | $- | $-4.00K | $-20.00K | $-1.10M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-5.64M | $-5.80M | $-4.38M | $-1 | $-1 | $-11.06M | $-4.99M | $-7.66M | $-6.06M | $-1.09M | $56.88M | $-64.45M | $44.56M | $-12.03M | $47.05M | $-52.13M | $5.93M | $46.94M | $-4.20M | $-4.68M |
| Net Cash Used Provided by Financing Activities | $-92.67M | $-44.35M | $-15.01M | $-105.73M | $-39.48M | $-41.16M | $-49.23M | $21.36M | $27.38M | $137.96M | $75.79M | $95.17M | $40.84M | $181.48M | $120.97M | $28.07M | $77.56M | $1.72M | $-8.76M | $-11.99M |
| Effect of Forex Changes on Cash | $3.73M | $159.00K | $1.63M | $2.64M | $-1.75M | $-439.00K | $1.75M | $-1.34M | $3.61M | $-6.19M | $4.53M | $-5.50M | $-3.49M | $6.23M | $3.55M | $-375.00K | $1.09M | $56.00K | $231.00K | $-753.00K |
| Net Change in Cash | $-37.73M | $6.38M | $15.76M | $-11.80M | $62.09M | $26.78M | $-60.59M | $-20.86M | $-12.34M | $-11.95M | $-32.99M | $-31.53M | $37.85M | $85.42M | $56.49M | $3.67M | $5.72M | $22.68M | $9.62M | $6.16M |
| Cash at End of Period | $142.73M | $180.46M | $173.82M | $158.62M | $170.42M | $105.22M | $78.44M | $139.03M | $159.89M | $172.23M | $184.18M | $216.66M | $248.19M | $210.34M | $124.92M | $68.43M | $64.77M | $59.05M | $36.37M | $26.75M |
| Cash at Beginning of Period | $180.46M | $174.09M | $158.06M | $170.42M | $108.32M | $78.44M | $139.03M | $159.89M | $172.23M | $184.18M | $217.17M | $248.19M | $210.34M | $124.92M | $68.43M | $64.77M | $59.05M | $36.37M | $26.75M | $20.59M |
| Operating Cash Flow | $56.97M | $48.86M | $46.83M | $104.16M | $106.54M | $95.94M | $-9.64M | $28.76M | $30.39M | $14.95M | $26.57M | $-30.22M | $19.77M | $48.12M | $21.76M | $-5.54M | $-27.03M | $25.67M | $22.90M | $30.07M |
| Capital Expenditure | $- | $- | $-2.00M | $-1.86M | $-2.04M | $-1.59M | $-2.09M | $-5.11M | $-5.12M | $-4.33M | $-3.12M | $-11.36M | $-2.65M | $-810.00K | $-1.11M | $-1.76M | $-3.66M | $-460.00K | $-518.00K | $-356.00K |
| Free Cash Flow | $57.18M | $48.86M | $44.83M | $102.30M | $104.51M | $94.35M | $-11.74M | $23.66M | $25.27M | $10.62M | $23.45M | $-41.58M | $17.12M | $47.31M | $20.64M | $-7.30M | $-30.69M | $25.21M | $22.38M | $29.72M |
Converge Technology Solutions Dividends
Explore Converge Technology Solutions's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
1.67%
Dividend Payout Ratio
-6.06%
Dividend Paid & Capex Coverage Ratio
22.05x
Converge Technology Solutions Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.015 | $0.015 | December 10, 2024 | December 10, 2024 | December 27, 2024 | |
| $0.015 | $0.015 | August 27, 2024 | August 27, 2024 | September 10, 2024 | |
| $0.015 | $0.015 | May 22, 2024 | |||
| $0.01 | $0.01 | March 11, 2024 | |||
| $0.01 | $0.01 | December 12, 2023 | December 13, 2023 | December 28, 2023 | December 12, 2023 |
| $0.01 | $0.01 | September 07, 2023 | September 08, 2023 | September 22, 2023 | September 07, 2023 |
| $0.01 | $0.01 | June 08, 2023 | June 09, 2023 | June 16, 2023 | June 08, 2023 |
Converge Technology Solutions News
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