Sangoma Announces Fourth Quarter Fiscal 2022 Results
Annual Revenue grows 71% year-over-year and Adjusted EBITDA1 Exceeds $42 million
MARKHAM, Ontario, Sept. 26, 2022 (GLOBE NEWSWIRE) — Sangoma Technologies Corporation (TSX:STC; Nasdaq:SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced its fourth quarter financial results and audited consolidated financial statements for the fiscal year 2022 ended June 30, 2022. As a reminder, Sangoma completed its acquisition of NetFortris on March 28, 2022. As a result, this fiscal fourth quarter is the first quarter in which our income statement includes the full contribution from NetFortris’ sales and operations.
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