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Sylogist Ltd TSXV SYZ OTC: SYZLF http://www.sylogist.com/ Fiscal Yr: Sep 30
Year 9/30/06 9/30/07 9/30/08 9/30/09 9/30/10 9/30/11 9/30/12 9/30/13 9/30/14 9/30/15 9/30/16 9/30/17 9/30/18 9/30/19 9/29/20 Value Description #Y Item Total G
Accounting Rules C GAAP C GAAP C GAAP IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
Consolidation/Split
Revenue* $9.0 $8.1 $6.9 $9.2 $9.7 $10.1 $9.3 $11.6 $17.5 $27.4 $35.8 $32.9 $32.9 307.33% <-Total Growth 10 Revenue
Increase 51.33% -9.80% -14.55% 33.59% 5.03% 4.06% -8.13% 25.66% 50.47% 56.08% 31.07% -8.15% 0.00% 15.08% <-IRR #YR-> 10 Revenue 307.33%
5 year Running Average $7.5 $6.9 $7.0 $7.8 $8.6 $8.8 $9.0 $10.0 $11.6 $15.2 $20 $25 $29.3 28.86% <-IRR #YR-> 5 Revenue 255.33%
Revenue per Share $0.58 $0.45 $0.39 $0.55 $0.48 $0.51 $0.49 $0.58 $0.70 $1.11 $1.57 $1.47 $1.47 13.78% <-IRR #YR-> 10 5 yr Running Average 263.50%
Increase 40.38% -22.99% -12.85% 40.71% -12.70% 6.77% -4.69% 19.02% 20.72% 57.50% 41.44% -6.35% 0.00% 22.63% <-IRR #YR-> 5 5 yr Running Average 177.30%
5 year Running Average $1.01 $0.59 $0.47 $0.48 $0.49 $0.48 $0.49 $0.52 $0.55 $0.68 $0.89 $1.09 $1.26 12.56% <-IRR #YR-> 10 Revenue per Share 226.57%
P/S (Price/Sales) Med 3.07 2.68 1.21 0.98 3.50 3.97 4.62 8.61 12.64 7.69 5.60 6.33 24.55% <-IRR #YR-> 5 Revenue per Share 199.77%
P/S (Price/Sales) Close 1.35 0.89 0.89 2.09 4.85 3.51 7.15 11.62 13.75 7.98 6.60 6.87 6.75 6.37% <-IRR #YR-> 10 5 yr Running Average 85.49%
*Revenue in M CDN $  P/S Med 10 yr  5.11 5 yr  7.69 32.15% Diff M/C 17.47% <-IRR #YR-> 5 5 yr Running Average 123.68%
-$8.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $32.9
-$9.3 $0.0 $0.0 $0.0 $0.0 $32.9
-$6.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $25.1
-$9.0 $0.0 $0.0 $0.0 $0.0 $25.1
-$0.45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.47
-$0.49 $0.00 $0.00 $0.00 $0.00 $1.47
EPS Basic -$0.01 -$0.07 -$0.23 $0.09 $0.18 $0.09 $0.10 $0.22 $0.14 $0.10 $0.28 $0.32 557.14% <-Total Growth 10 EPS Basic
EPS Diluted* -$0.01 -$0.07 -$0.23 $0.09 $0.17 $0.09 $0.10 $0.21 $0.14 $0.10 $0.28 $0.32 $0.32 557.14% <-Total Growth 10 EPS Diluted
Increase -107.69% -600.00% -228.57% 139.13% 88.89% -47.06% 11.11% 110.00% -33.33% -28.57% 180.00% 14.29% 0.00% #NUM! <-IRR #YR-> 10 Earnings per Share 557.14%
Earnings Yield -1.27% -17.50% -65.71% 7.83% 7.30% 5.00% 2.86% 3.10% 1.45% 1.13% 2.71% 3.17% 3.23% 26.19% <-IRR #YR-> 5 Earnings per Share 220.00%
5 year Running Average -$0.08 $0.05 -$0.01 -$0.02 -$0.01 $0.01 $0.04 $0.13 $0.14 $0.13 $0.17 $0.21 $0.23 14.98% <-IRR #YR-> 10 5 yr Running Average 303.85%
10 year Running Average -$0.04 -$0.05 -$0.07 -$0.07 -$0.05 -$0.03 $0.05 $0.06 $0.06 $0.06 $0.09 $0.13 $0.18 36.70% <-IRR #YR-> 5 5 yr Running Average 377.27%
* Diluted ESP per share  E/P 10 Yrs 2.98% 5Yrs 2.71%
$0.07 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.32
-$0.10 $0.00 $0.00 $0.00 $0.00 $0.32
-$0.05 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.21
-$0.04 $0.00 $0.00 $0.00 $0.00 $0.21
Special Dividends $0.00 $0.03 $0.08 $0.00 $0.00 $0.00 $0.17 $0.05 $0.05 $0.00 $0.00 $0.01 <-Median-> 8 Special Dividends
Dividend* $0.05 $0.09 $0.12 $0.17 $0.21 $0.25 $0.27 $0.28 $0.32 $0.32 $0.32 471.43% <-Total Growth 7 Dividends
Increase 83.67% 33.33% 37.50% 24.24% 19.51% 8.16% 5.66% 14.29% 0.00% 0.00% Count 7 Years of data
Average Increases 5 Year Running 39.65% 24.55% 19.02% 14.37% 9.52% 5.62% 24.55% <-Median-> 3 Average Incr 5 Year Running
Dividends 5 Yr Running Regu $0.01 $0.03 $0.05 $0.08 $0.13 $0.17 $0.20 $0.23 $0.26 $0.29 $0.30
Dividends 5 Yr Running $0.01 $0.03 $0.07 $0.10 $0.15 $0.19 $0.25 $0.28 $0.32 $0.34 $0.36 2716.33% <-Total Growth 7 Dividends 5 Yr Running
Yield H/L Price 2.91% 4.41% 5.31% 3.29% 2.31% 2.88% 3.02% 3.01% 3.35% 3.02% <-Median-> 8 Yield H/L Price
Yield on High  Price 1.88% 3.52% 4.01% 2.32% 1.76% 2.26% 2.33% 2.56% 3.01% 2.33% <-Median-> 8 Yield on High  Price
Yield on Low Price 6.45% 5.92% 7.84% 5.63% 3.33% 3.96% 4.29% 3.66% 3.78% 4.96% <-Median-> 8 Yield on Low Price
Yield on Close Price 2.10% 5.00% 3.43% 2.44% 2.12% 2.77% 2.56% 2.78% 3.23% 3.23% 3.23% 2.67% <-Median-> 8 Yield on Close Price
Payout Ratio EPS Regular Div 28.82% 100.00% 120.00% 78.57% 146.43% 245.00% 94.64% 87.50% 100.00% 97.32% <-Median-> 8 DPR EPS -Regular
DPR EPS 5 Yr Running -98.00% 278.00% 117.73% 64.24% 88.59% 128.91% 120.48% 110.48% 113.36% 114.10% <-Median-> 8 DPR EPS 5 Yr Running Reg
Payout Ratio EPS Both Div 28.82% 127.78% 195.00% 78.57% 146.43% 245.00% 155.36% 103.13% 115.63% 137.10% <-Median-> 8 DPR EPS - Both
DPR EPS 5 Yr Running -98.00% 328.00% 163.18% 79.39% 102.68% 144.53% 150.00% 131.43% 136.64% 137.98% <-Median-> 8 DPR EPS 5 Yr Running
Payout Ratio CFPS 22.52% 53.90% 96.23% 131.01% 85.95% 71.69% 93.20% 61.50% 78.82% <-Median-> 8 DPR CF
DPR CF 5 Yr Running 27.71% 34.89% 50.32% 58.99% 73.04% 82.43% 90.51% 80.73% 66.02% <-Median-> 8 DPR CF 5 Yr Running
Payout Ratio CFPS WC 28.65% 56.31% 93.31% 67.69% 100.35% 66.47% 76.94% 55.63% 67.08% <-Median-> 8 DPR CF WC
DPR CF WC 5 Yr Running 18.84% 41.83% 54.63% 55.61% 70.62% 75.21% 78.25% 69.86% 62.74% <-Median-> 8 DPR CF WC 5 Yr Running
Median Values 5 Yr Med 5 Yr Cl 3.01% 2.56% 5 Yr Med Payout 146.43% 85.95% 67.69% 23.47% <-IRR #YR-> 7 Dividends 471.43%
* Dividends per share  5 Yr Med and Cur. 7.24% 26.12% Last Div Inc ---> $0.06 $0.07 16.7% 18.47% <-IRR #YR-> 5 Dividends 133.33%
-$0.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.28
-$0.12 $0.00 $0.00 $0.00 $0.00 $0.28
Historical Dividends Historical High Div 6.73% Low Div 1.85% Ave Div 4.29% Med Div 3.02% Close Div 2.67% Historical Dividends
High/Ave/Median Values Curr diff Exp. -51.97% Cheap 74.72% Exp. -24.65% Cheap 7.03% Cheap 21.19% High/Ave/Median 
Future Div Yield Div Yd 8.74% earning in 5 Years at IRR of 22.00% Div Inc. 170.27% Future Dividend Yield
Future Div Yield Div Yd 23.61% earning in 10 Years at IRR of 22.00% Div Inc. 630.46% Future Dividend Yield
Future Div Yield Div Yd 63.81% earning in 15 Years at IRR of 22.00% Div Inc. 1874.23% Future Dividend Yield
Yield if held 5 yrs 3.66% 5.03% 9.96% 34.74% 37.96% 14.54% 12.99% 12.39% 6.38% 3.60% 3.76% 12.69% <-Median-> 8 Paid Median Price
Yield if held 10 yrs 0.35% 0.70% 15.19% 82.50% 36.28% 18.28% 14.80% 23.24% 67.37% 59.26% 18.99% 16.74% <-Median-> 8 Paid Median Price
Yield if held 15 yrs 3.62% 1.77% 2.07% 35.44% 160.00% 56.64% 23.88% 2.84% <-Median-> 4 Paid Median Price
Yield if held 20 yrs 5.64% 2.31% #NUM! <-Median-> 0 Paid Median Price
Yield if held 25 yrs #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 5 years 3.66% 9.16% 29.79% 110.32% 135.00% 54.90% 61.03% 61.06% 31.61% 19.13% 20.85% 57.96% <-Median-> 8 Paid Median Price
Cost covered if held 10 years 0.35% 1.28% 45.44% 262.00% 129.03% 72.69% 78.72% 144.32% 444.00% 449.81% 160.24% 75.70% <-Median-> 8 Paid Median Price
Cost covered if held 15 years 12.86% 7.04% 10.99% 220.13% 1054.50% 429.91% 205.15% 11.93% <-Median-> 4 Paid Median Price
Cost covered if held 20 years 42.84% 19.86% #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Graham Number $1.10 $1.20 $1.00 $1.10 $1.87 $1.35 $1.28 $2.02 $2.73 $2.31 $3.49 $3.61 $3.61 $0.00 $0.00 201.44% <-Total Growth 10 Graham Number
Increase -11.94% 8.57% -16.56% 9.73% 70.44% -27.88% -4.74% 57.00% 35.44% -15.49% 51.15% 3.52% 0.00% -100.00% #DIV/0! 6.62% <-Median-> 10 Graham Price
Price/GP Ratio Med 1.62 1.01 0.48 0.49 0.90 1.51 1.76 2.49 3.25 3.69 2.51 2.57 2.64 2.12 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 1.90 1.70 0.65 0.71 1.40 1.90 2.33 3.52 4.26 4.70 3.25 3.03 2.94 2.68 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 1.34 0.31 0.30 0.27 0.41 1.13 1.19 1.45 2.25 2.68 1.77 2.12 2.34 1.32 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 0.72 0.33 0.35 1.05 1.25 1.34 2.73 3.36 3.54 3.83 2.97 2.79 2.74 #DIV/0! #DIV/0! 2.76 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close -28.37% -66.60% -64.97% 4.89% 24.69% 33.55% 172.62% 235.88% 254.23% 283.20% 196.53% 179.25% 174.27% #DIV/0! #DIV/0! 175.94% <-Median-> 10 Graham Price
Month, Year Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20
Price Close $0.79 $0.40 $0.35 $1.15 $2.33 $1.80 $3.50 $6.77 $9.67 $8.84 $10.34 $10.08 $9.90 $9.90 $9.90 2420.00% <-Total Growth 10 Stock Price
Increase -56.11% -49.37% -12.50% 228.57% 102.61% -22.75% 94.44% 93.43% 42.84% -8.58% 16.97% -2.51% -1.79% 0.00% 0.00% 38.08% <-IRR #YR-> 10 Stock Price 2420.00%
P/E Ratio -79.00 -5.71 -1.52 12.78 13.71 20.00 35.00 32.24 69.07 88.40 36.93 31.50 30.94 #DIV/0! #DIV/0! 23.56% <-IRR #YR-> 5 Stock Price 188.00%
Trailing P/E Ratio 6.08 -40.00 -5.00 -5.00 25.89 10.59 38.89 67.70 46.05 63.14 103.40 36.00 30.94 30.94 #DIV/0! 44.43% <-IRR #YR-> 10 Price & Dividend 2854.75%
Median 10, 5 Yrs D.  per yr 6.34% 4.93% % Tot Ret 14.28% 17.30% T P/E 63.14 P/E:  31.87 36.93 28.49% <-IRR #YR-> 5 Price & Dividend 233.00%
45.06% <-IRR #YR-> 15 Price & Dividend 19598.33%
1.75% <-IRR #YR-> 19 Price & Dividend 276.40%
-$0.40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.08
-$3.50 $0.00 $0.00 $0.00 $0.00 $10.08
-$0.40 $0.00 $0.00 $0.05 $0.12 $0.20 $0.17 $0.21 $0.25 $0.44 $10.41
-$3.50 $0.17 $0.21 $0.25 $0.44 $10.41
$0.00 $0.00 $0.00 $0.00 $0.05 $0.12 $0.20 $0.17 $0.21 $0.25 $0.44 $10.41
$0.00 $0.00 $0.00 $0.00 $0.05 $0.12 $0.20 $0.17 $0.21 $0.25 $0.44 $10.41
Month, Year Sep-06 Sep-07 Sep-08 Sep-09 Sep-10 Sep-11 Sep-12 Sep-13 Sep-14 Sep-15 Sep-16 Sep-17 Sep-18 Sep-19 Sep-20
Price Close $1.90 $0.45 $0.30 $0.76 $2.47 $1.57 $2.99 $6.50 $11.00 $6.18 $10.34 $10.08 $9.90 $9.90 $9.90 2140.00% <-Total Growth 10 Stock Price
Increase -13.64% -76.32% -33.33% 153.33% 225.00% -36.44% 90.45% 117.39% 69.23% -43.82% 67.31% -2.51% -1.79% 0.00% 0.00% 36.47% <-IRR #YR-> 10 Stock Price 2140.00%
P/E Ratio -190.00 -6.43 -1.30 8.44 14.53 17.44 29.90 30.95 78.57 61.80 36.93 31.50 30.94 #DIV/0! #DIV/0! 27.51% <-IRR #YR-> 5 Stock Price 237.12%
Trailing P/E Ratio $14.62 -$45.00 -$4.29 -$3.30 $27.44 $9.24 $33.22 $65.00 $52.38 $44.14 $103.40 $36.00 $30.94 $30.94 #DIV/0! 42.45% <-IRR #YR-> 10 Price & Dividend 2526.44%
Median 10, 5 Yrs D.  per yr 5.99% 5.43% % Tot Ret 14.11% 16.49% T P/E 52.38 P/E:  30.43 36.93 32.95% <-IRR #YR-> 5 Price & Dividend 289.80%
Price H/L Median $1.79 $1.21 $0.48 $0.54 $1.69 $2.04 $2.26 $5.02 $8.89 $8.52 $8.77 $9.29 $9.54 670.95% <-Total Growth 10 Stock Price
Increase 33.58% -32.68% -60.58% 13.68% 212.04% 21.07% 10.78% 121.90% 77.17% -4.16% 2.94% 5.99% 2.69% 22.66% <-IRR #YR-> 10 Stock Price 670.95%
P/E Ratio -179.00 -17.21 -2.07 6.00 9.91 22.67 22.60 23.88 63.46 85.15 31.30 29.03 29.81 32.67% <-IRR #YR-> 5 Stock Price 311.06%
Trailing P/E Ratio 13.77 -120.50 -6.79 -2.35 18.72 12.00 25.11 50.15 42.31 60.82 87.65 33.18 29.81 31.84% <-IRR #YR-> 10 Price & Dividend 815.27%
P/E on Running 5 yr Average -23.55 23.17 -47.50 -30.00 -168.50 204.00 51.36 37.99 62.57 66.52 52.80 44.24 41.12 39.36% <-IRR #YR-> 5 Price & Dividend 380.75%
P/E on Running 10 yr Average -40.68 -23.63 -6.42 -8.31 -35.10 -61.82 47.08 82.21 143.31 144.32 99.60 73.15 52.42 9.91 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 9.18% 6.69% % Tot Ret 28.82% 16.99% T P/E 50.15 P/E:  23.27 31.30 Count 18 Years of data
-$1.21 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.29
-$2.26 $0.00 $0.00 $0.00 $0.00 $9.29
-$1.21 $0.12 $0.20 $0.17 $0.21 $0.25 $0.44 $0.33 $0.37 $0.32 $9.62
-$2.26 $0.17 $0.21 $0.25 $0.44 $9.62
High Months Oct 05 Oct 06 Nov 07 Sep 09 Aug 10 Oct 10 Sep 12 Aug 13 Aug 14 Nov 14 Aug 16 Nov 16 Dec 17
Price High $2.10 $2.04 $0.65 $0.78 $2.61 $2.56 $2.99 $7.10 $11.62 $10.85 $11.35 $10.92 $10.62 435.29% <-Total Growth 10 Stock Price
Increase -6.67% -2.86% -68.14% 20.00% 234.62% -1.92% 16.80% 137.46% 63.66% -6.63% 4.61% -3.79% -2.75% 18.27% <-IRR #YR-> 10 Stock Price 435.29%
P/E Ratio -210.00 -29.14 -2.83 8.67 15.35 28.44 29.90 33.81 83.00 108.50 40.54 34.13 33.19 29.57% <-IRR #YR-> 5 Stock Price 265.22%
Trailing P/E Ratio 16.15 -204.00 -9.29 -3.39 29.00 15.06 33.22 71.00 55.33 77.50 113.50 39.00 33.19 15.35 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 71.00 P/E:  31.85 40.54 36.69 P/E Ratio Historical High
-$2.04 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.92
-$2.99 $0.00 $0.00 $0.00 $0.00 $10.92
Low Months Jul 06 Sep 07 Sep 08 Oct 08 Oct 09 Sep 11 Oct 11 Oct 12 Oct 13 Sep 15 Oct 15 Apr 17 Oct 17
Price Low $1.48 $0.37 $0.30 $0.30 $0.76 $1.52 $1.53 $2.93 $6.15 $6.18 $6.18 $7.66 $8.46 1970.27% <-Total Growth 10 Stock Price
Increase 244.19% -75.00% -18.92% 0.00% 153.33% 100.00% 0.66% 91.50% 109.90% 0.49% 0.00% 23.95% 10.44% 35.40% <-IRR #YR-> 10 Stock Price 1970.27%
P/E Ratio -148.00 -5.29 -1.30 3.33 4.47 16.89 15.30 13.95 43.93 61.80 22.07 23.94 26.44 38.01% <-IRR #YR-> 5 Stock Price 400.65%
Trailing P/E Ratio 11.38 -37.00 -4.29 -1.30 8.44 8.94 17.00 29.30 29.29 44.14 61.80 27.36 26.44 3.33 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 29.30 P/E:  16.09 23.94 -2.90 P/E Ratio Historical Low
-$0.37 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7.66
Long Term Debt $0.11 $0.08 $0.04 $0.19 $0.14 $0.10 $0.06 $0.00 $0.14 $0.99 $0.06 $0.02 Yes 0 Debt Lease Inducements
Change 0.00% -30.77% -44.45% 338.94% -24.99% -29.27% -41.38% -100.00% 619.24% -93.94% -63.33% -41.38% <-Median-> 9 Change
Debt/Market Cap Ratio 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 <-Median-> 10 Debt/Market Cap Ratio
Goodwill & Intangibles $2.49 $3.61 $3.23 $3.65 $3.48 $3.27 $3.05 $7.37 $25.30 $23.41 $21.70 $19.67 Intangibles Goodwill
Change 633.59% 44.73% -10.55% 13.12% -4.57% -6.18% -6.63% 141.32% 243.40% -7.48% -7.29% -9.36% -6.40% <-Median-> 10 Change
Intangible/Market Cap Ratio 0.21 0.50 0.52 0.19 0.07 0.09 0.05 0.05 0.10 0.11 0.09 0.09 0.09 <-Median-> 10 Intangible/Market Cap Ratio
Market Cap in $M $12.1 $7.2 $6.2 $19.3 $47.0 $35.4 $66.3 $135.4 $241.0 $218.3 $236.6 $226.3 $222.2 $222.2 $222.2 30.43 <-Total Growth 10 Market Cap
Diluted # of Shares in Million 14.57 17.96 17.96 17.05 18.25 20.75 20.02 20.17 21.62 24.97 23.44 22.75 22.75 22.75 22.75 26.67% <-Total Growth 10 Diluted
Change 9.82% 23.25% 0.01% -5.08% 7.07% 13.68% -3.53% 0.77% 7.18% 15.50% -6.14% -2.95% 0.00% 0.00% 0.00% 2.39% <-IRR #YR-> 10 Diluted
xx 2.59% <-IRR #YR-> 5 Diluted
Average # of Shares in Million 14.57 17.96 17.96 17.01 17.44 20.06 19.73 19.46 21.38 24.93 23.44 22.67 26.26% <-Total Growth 10 Basic
Change 12.98% 23.25% 0.01% -5.29% 2.52% 15.04% -1.64% -1.40% 9.89% 16.60% -5.97% -3.27% -0.69% <-Median-> 10 Change
Difference 5.43% 0.20% -1.76% -1.52% 15.58% -2.08% -4.04% 2.76% 16.56% -0.94% -2.37% -1.01% -1.26% <-Median-> 10 Difference
# of Share in Millions 15.364 17.995 17.645 16.753 20.156 19.645 18.936 19.993 24.920 24.695 22.885 22.446 22.446 22.446 22.446 2.23% <-IRR #YR-> 10 Shares 24.73%
Increase 7.81% 17.13% -1.94% -5.06% 20.32% -2.54% -3.61% 5.58% 24.64% -0.90% -7.33% -1.92% 0.00% 0.00% 0.00% 3.46% <-IRR #YR-> 5 Shares 18.53%
CF fr Op $Millon -$1.2 -$0.7 -$0.9 $2.2 $4.4 $4.2 $3.8 $2.5 $5.9 $8.4 $10.7 $12.0 $0.0 1743.00% <-Total Growth 10 Cash Flow
Increase -234.70% 40.18% -17.83% 349.70% 103.32% -4.41% -8.46% -34.38% 136.04% 41.98% 26.57% 12.76% -100.00% SO, Sh Issues Buy Backs Warrants
5 year Running Average $0.0 -$0.2 -$0.3 $0.0 $0.7 $1.8 $2.7 $3.4 $4.2 $5.0 $6.3 $7.9 $7.4 4193.08% <-Total Growth 10 CF 5 Yr Running
CFPS -$0.08 -$0.04 -$0.05 $0.13 $0.22 $0.21 $0.20 $0.13 $0.24 $0.34 $0.47 $0.54 $0.00 1417.24% <-Total Growth 10 Cash Flow per Share
Increase -224.95% 48.93% -20.17% 363.00% 68.99% -1.92% -5.03% -37.85% 89.37% 43.27% 36.58% 14.97% -100.00% #NUM! <-IRR #YR-> 10 Cash Flow 1743.00%
5 year Running Average $0.00 -$0.01 -$0.02 $0.00 $0.04 $0.09 $0.14 $0.18 $0.20 $0.22 $0.28 $0.34 $0.32 25.70% <-IRR #YR-> 5 Cash Flow 213.87%
P/CF on Med Price -22.44 -29.58 -9.70 4.19 7.74 9.56 11.15 39.82 37.25 24.92 18.78 17.31 #DIV/0! #NUM! <-IRR #YR-> 10 Cash Flow per Share 1417.24%
P/CF on Closing Price -9.90 -9.82 -7.15 8.93 10.71 8.44 17.27 53.75 40.54 25.87 22.15 18.79 #DIV/0! 21.50% <-IRR #YR-> 5 Cash Flow per Share 164.80%
#DIV/0! Diff M/C #NUM! <-IRR #YR-> 10 CFPS 5 yr Running 2821.19%
Excl.Working Capital CF $2.336 -$0.277 $0.133 -$0.242 -$0.938 -$0.180 $0.120 $2.356 -$0.853 $0.663 $2.258 $1.272 $0.0 19.10% <-IRR #YR-> 5 CFPS 5 yr Running 139.64%
CF fr Op $M WC $1.1 -$1.0 -$0.7 $1.9 $3.4 $4.0 $4.0 $4.9 $5.1 $9.1 $12.9 $13.3 $0.0 1418.05% <-Total Growth 10 Cash Flow less WC
Increase -13.66% -191.00% 27.70% 362.21% 80.00% 16.37% -1.35% 23.15% 4.46% 78.79% 42.16% 2.91% -100.00% #NUM! <-IRR #YR-> 10 Cash Flow less WC 1418.05%
5 year Running Average $0.5 $0.6 $0.3 $0.5 $0.9 $1.5 $2.5 $3.6 $4.3 $5.4 $7.2 $9.1 $8.1 27.46% <-IRR #YR-> 5 Cash Flow less WC 236.48%
CFPS Excl. WC $0.07 -$0.06 -$0.04 $0.11 $0.17 $0.20 $0.21 $0.24 $0.20 $0.37 $0.57 $0.59 $0.00 31.29% <-IRR #YR-> 10 CF less WC 5 Yr Run 1422.05%
Increase -19.91% -177.69% 26.27% 376.17% 49.61% 19.40% 2.34% 16.64% -16.19% 80.41% 53.40% 4.93% -100.00% 29.17% <-IRR #YR-> 5 CF less WC 5 Yr Run 259.65%
5 year Running Average -$0.01 $0.06 $0.03 $0.04 $0.05 $0.08 $0.13 $0.19 $0.21 $0.25 $0.32 $0.40 $0.35 #NUM! <-IRR #YR-> 10 CFPS - Less WC 1156.72%
P/CF on Median Price 24.77 -21.46 -11.47 4.72 9.85 9.99 10.81 20.57 43.49 23.10 15.50 15.66 #DIV/0! 23.20% <-IRR #YR-> 5 CFPS - Less WC 183.87%
P/CF on Closing Price 10.93 -7.12 -8.45 10.06 13.62 8.81 16.75 27.77 47.33 23.98 18.29 16.99 #DIV/0! 20.68% <-IRR #YR-> 10 CFPS 5 yr Running 555.23%
*Operational Cash Flow. CF/-WC P/CF Med 10 yr 14.23 5 yr  24.92 P/CF Med 10 yr 13.16 5 yr  20.57 #DIV/0! Diff M/C 24.62% <-IRR #YR-> 5 CFPS 5 yr Running 200.57%
$0.04 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.54 Cash Flow per Share
-$0.20 $0.00 $0.00 $0.00 $0.00 $0.54 Cash Flow per Share
$0.01 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.34 CFPS 5 yr Running
-$0.14 $0.00 $0.00 $0.00 $0.00 $0.34 CFPS 5 yr Running
$1.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $13.3 Cash Flow less WC
-$4.0 $0.0 $0.0 $0.0 $0.0 $13.3 Cash Flow less WC
-$0.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $9.1 CF less WC 5 Yr Run
-$2.5 $0.0 $0.0 $0.0 $0.0 $9.1 CF less WC 5 Yr Run
$0.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.59 CFPS - Less WC
-$0.21 $0.00 $0.00 $0.00 $0.00 $0.59 CFPS - Less WC
OPM Ratio -13.67% -9.07% -12.50% 23.37% 45.24% 41.56% 41.41% 21.62% 33.92% 30.86% 29.80% 36.58% 503.36% <-Total Growth 10 OPM
Increase -189.01% 33.68% -37.89% 286.91% 93.58% -8.15% -0.36% -47.78% 56.87% -9.03% -3.44% 22.76% Should increase  or be stable.
Diff from Median -142.2% -128.0% -138.6% -27.8% 39.7% 28.3% 27.9% -33.2% 4.7% -4.7% -8.0% 12.9% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 32.39% 5 Yrs 30.86% should be  zero, it is a   check on calculations
Current Assets $3.5 $7.2 $6.4 $7.2 $16.1 $16.5 $13.7 $12.7 $47.3 $46.6 $35.9 $33.6 Liquidity ratio of 1.5 and up, best Quick Ratio
Current Liabilities $1.9 $1.9 $2.4 $2.6 $3.5 $4.0 $3.9 $5.5 $13.6 $13.0 $13.7 $10.8 3.30 <-Median-> 10 Ratio
Liquidity Ratio 1.87 3.69 2.63 2.72 4.65 4.12 3.56 2.32 3.49 3.58 2.61 3.10 3.10 <-Median-> 5 Ratio
Liq. with CF aft div 1.21 3.31 2.27 3.54 5.63 4.60 3.60 2.18 3.55 3.76 2.66 3.53 3.53 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  1.21 1.34 2.27 2.72 5.08 1.63 3.60 1.36 2.06 3.46 2.49 3.48 2.49 <-Median-> 5 Ratio
Assets $11.2 $14.8 $11.1 $12.7 $22.0 $21.7 $17.7 $23.3 $78.8 $75.7 $61.4 $54.1 Debt Ratio of 1.5 and up, best Current Ratio
Liabilities $2.0 $2.1 $2.4 $2.8 $3.6 $4.1 $3.9 $6.2 $19.9 $17.2 $17.2 $13.5 4.48 <-Median-> 10 Ratio
Debt Ratio 5.57 7.17 4.56 4.58 6.15 5.32 4.58 3.79 3.97 4.39 3.57 4.01 3.97 <-Median-> 5 Ratio
Book Value $9.2 $12.7 $8.7 $9.9 $18.4 $17.6 $13.9 $17.2 $59.0 $58.4 $44.2 $40.6 $40.6 $40.6 $40.6 218.77% <-Total Growth 10 Book Value
Book Value per share $0.60 $0.71 $0.49 $0.59 $0.91 $0.90 $0.73 $0.86 $2.37 $2.37 $1.93 $1.81 $1.81 $1.81 $1.81 155.57% <-Total Growth 10 Book Value per Share
Increase 12.01% 17.88% -30.38% 20.41% 53.79% -1.74% -18.34% 17.37% 175.15% -0.02% -18.40% -6.24% 0.00% 0.00% 0.00% 91.08% P/B Ratio Current/Historical Median
P/B Ratio (Median) 2.98 1.70 0.96 0.91 1.85 2.27 3.09 5.83 3.76 3.60 4.54 5.13 2.86 P/B Ratio Historical Median
P/B Ratio (Close) 1.32 0.56 0.71 1.94 2.55 2.01 4.78 7.87 4.09 3.74 5.36 5.57 5.47 5.47 5.47 9.84% <-IRR #YR-> 10 Book Value per Share 155.57%
Change -60.82% -57.05% 25.67% 172.88% 31.74% -21.38% 138.11% 64.80% -48.09% -8.56% 43.35% 3.97% -1.79% 0.00% 0.00% 19.83% <-IRR #YR-> 5 Book Value per Share 147.03%
Leverage (A/BK) 1.22 1.16 1.28 1.28 1.19 1.23 1.28 1.36 1.34 1.30 1.39 1.33 1.34 <-Median-> 5 A/BV
Debt/Equity Ratio 0.22 0.16 0.28 0.28 0.19 0.23 0.28 0.36 0.34 0.30 0.39 0.33 0.34 <-Median-> 5 Debt/Eq Ratio
Shareholders' Equity (Assets less Liabilities) P/BV 10 yr Med 3.34 5 yr Med 4.54 63.67% Diff M/C 1.28 Historical Leverage (A/BK)
-$0.71 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.81
-$0.73 $0.00 $0.00 $0.00 $0.00 $1.81
Comprehensive Income -$0.2 -$1.3 -$4.0 $1.5 $3.1 $1.89 $2.02 $4.28 $2.90 $2.14 $7.04 $7.24 653.58% <-Total Growth 10 Comprehensive Income
Increase -506.07% -206.21% 136.89% 108.30% -38.42% 6.69% 111.98% -32.32% -26.03% 228.22% 2.81% 2.81% <-Median-> 5 Comprehensive Income
5 Yr Running Average -$0.2 $0.2 $0.9 $2.5 $2.8 $2.6 $3.7 $4.7 #NUM! <-IRR #YR-> 10 Comprehensive Income 653.58%
ROE -2.3% -10.3% -46.0% 14.8% 16.7% 10.7% 14.6% 24.9% 4.9% 3.7% 15.9% 17.8% 29.06% <-IRR #YR-> 5 Comprehensive Income 258.12%
5Yr Median -2.3% 10.7% 14.6% 14.8% 14.6% 10.7% 14.6% 15.9% #NUM! <-IRR #YR-> 7 5 Yr Running Average 2524.31%
% Difference from NI 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.54% -0.06% -5.24% -15.86% 6.04% 0.22% 39.52% <-IRR #YR-> 5 5 Yr Running Average 428.72%
Median Values Diff 5, 10 yr 0.0% -0.1% 15.9% <-Median-> 5 Return on Equity
$1.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $7.2
-$2.0 $0.0 $0.0 $0.0 $0.0 $7.2
$0.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $4.7
-$0.9 $0.0 $0.0 $0.0 $0.0 $4.7
Current Liability Coverage Ratio 0.60 -0.52 -0.30 0.73 0.99 1.00 1.03 0.89 0.38 0.70 0.94 1.23   CFO / Current Liabilities
5 year Median 0.60 0.60 0.60 0.60 0.60 0.73 0.99 0.99 0.99 0.89 0.89 0.89 0.89 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio 9.87% -6.82% -6.56% 15.06% 15.69% 18.49% 22.30% 20.88% 6.46% 12.03% 21.09% 24.61% CFO / Total Assets
5 year Median 14.6% 14.6% 9.9% 9.9% 9.9% 15.1% 15.7% 18.5% 18.5% 18.5% 20.88% 20.88% 20.9% <-Median-> 5 Return on Assets 
Return on Assets ROA -1.9% -8.8% -35.9% 11.6% 14.0% 8.7% 11.4% 18.4% 3.9% 3.4% 10.8% 13.3% Net  Income/Assets Return on Assets
5Yr Median 20.1% 20.1% -1.9% -1.9% -1.9% 8.7% 11.4% 11.6% 11.4% 8.7% 10.8% 10.8% 10.8% <-Median-> 5 Asset Efficiency Ratio
Return on Equity ROE -2.3% -10.3% -46.0% 14.8% 16.7% 10.7% 14.6% 24.9% 5.2% 4.4% 15.0% 17.8% Net Inc/ Shareholders' equity Return on Equity
5Yr Median -2.3% -2.3% -2.3% -2.3% -2.3% 10.7% 14.6% 14.8% 14.6% 10.7% 14.6% 15.0% 15.0% <-Median-> 5 Return on Equity
Net Income -$0.2 -$1.3 -$4.0 $1.5 $3.1 $1.89 $2.0 $4.3 $3.1 $2.5 $6.6 $7.2 $0.0 652.36% <-Total Growth 10 Net Income
Increase -112% -506.07% -206.21% 136.89% 108.30% -38.42% 7.28% 110.96% -28.63% -16.69% 160.44% 8.79% -100.00% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $0.1 $0.4 -$0.5 -$0.5 -$0.2 $0.2 $0.9 $2.6 $2.9 $2.8 $4 $5 $3.9 #NUM! <-IRR #YR-> 10 Net Income 652.36%
Operating Cash Flow -$1.2 -$0.7 -$0.9 $2.2 $4.4 $4.2 $3.8 $2.5 $5.9 $8.4 $10.7 $12.0 28.87% <-IRR #YR-> 5 Net Income 255.39%
Investment Cash Flow $0.3 -$2.9 $0.0 -$0.8 -$0.4 -$7.3 $6.4 -$3.3 -$9.9 -$1.1 -$1.0 -$0.2 28.56% <-IRR #YR-> 10 5 Yr Running Average 1132.80%
Total Accruals $0.7 $2.3 -$3.1 $0.1 -$0.9 $5.0 -$8.2 $5.0 $7.0 -$4.8 -$3.1 -$4.7 39.63% <-IRR #YR-> 5 5 Yr Running Average 430.77%
Total Assets $11.2 $14.8 $11.1 $12.7 $22.0 $21.7 $17.7 $23.3 $78.8 $75.7 $61.4 $54.1 Balance Sheet Assets
Accruals Ratio 6.45% 15.55% -28.13% 0.91% -4.28% 23.11% -46.40% 21.61% 8.87% -6.29% -5.00% -8.60% -5.00% <-Median-> 5 Ratio
EPS/CF Ratio (WC) -0.14 1.25 5.56 0.79 0.99 0.44 0.48 0.86 0.69 0.27 0.50 0.54 0.61 <-Median-> 10 EPS/CF Ratio
$1.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $7.2
-$2.0 $0.0 $0.0 $0.0 $0.0 $7.2
-$0.4 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $4.7
-$0.9 $0.0 $0.0 $0.0 $0.0 $4.7
Change in Close -56.11% -49.37% -12.50% 228.57% 102.61% -22.75% 94.44% 93.43% 42.84% -8.58% 16.97% -2.51% -1.79% 0.00% 0.00% Count 26 Years of data
up/down Down Down Down Up Down Up Down Down Up up Count 13 50.00%
Meet Prediction? Yes Yes Yes Yes Yes Yes Yes % right Count 8 61.54%
Financial Cash Flow $0.5 $4.6 -$0.1 -$0.2 $5.0 -$3.4 -$6.2 -$1.2 $36.5 -$7.9 -$22.8 -$11.5 C F Statement  Financial Cash Flow
Total Accruals $0.2 -$2.3 -$3.0 $0.3 -$6.0 $8.4 -$2.0 $6.2 -$29.5 $3.1 $19.8 $6.9 Accruals
Accruals Ratio 1.96% -15.70% -26.92% 2.20% -27.26% 38.79% -11.48% 26.77% -37.41% 4.14% 32.21% 12.66% 12.66% <-Median-> 5 Ratio
Cash $0.9 $1.9 $0.9 $2.1 $14.1 $7.6 $11.7 $9.7 $42.1 $41.1 $28.4 $28.8 Cash
Cash per Share $0.06 $0.10 $0.05 $0.12 $0.70 $0.39 $0.62 $0.49 $1.69 $1.66 $1.24 $1.28 $1.28 <-Median-> 5 Cash per Share
Percentage of Stock Price 7.12% 26.15% 14.25% 10.77% 30.11% 21.53% 17.61% 7.17% 17.46% 18.82% 11.99% 12.71% 12.71% <-Median-> 5 % of Stock Price
Notes:
January 21, 2018.  There was no estimates for this stock.
Traded on Toronto Venture Exchange.  Some site use SYZ.V as the symbol. Others use SYZ.X
1998.  The stock charts start around October 1998.
March 1, 1993. was when the company was formed.
http://www.cantechletter.com/2012/12/cantech-letter-awards-tsx-venture-exchange-tech-of-the-year-the-finalists1212/ 
December 2012, The Calgary-based company, which has grown through acquisition, reminds some of a junior version of Constellation Software. Sylogist provides intellectual property solutions to a wide range of public 
and private sector customers and along the way has become that rarest of birds; a TSXV technology stock that pays a dividend. CEO Jim Wilson says the company’s practice is to pay out, over the year, 
less than one-half of its expected annual operating cash flow. “Going forward,” he said in a press release last month that announced a dividend increase “…cash flow, excluding the impact of acquisitions,
 is anticipated to increase by at least 50% over the prior fiscal year”. With its stock more than doubling since June, those holding a ticket on Sylogist had their cake and got to eat it in 2012.
http://www.cantechletter.com/2014/03/ten-tsx-venture-stocks-trading-near-52-week-lows/ 
March 2014..  Stocks like FLYHT Aerospace (TSXV:FLY) and Sylogist (TSXV:SYZ) have soared this year.
Other Notes: 
 I put original spreadsheet in old_Research_portfolio
Sector:
Tech
What should this stock accomplish?
Would I buy this company and Why.
Why am I following this stock. 
I learned about this stock from the <a href="http://www.cantechletter.com/" target="_top">newsletter</a> I subscribe to.
Dividends
Dividends are paid quarterly in Cycle 3 of December , March, June and  September.  Dividends are declared in one month for shareholders of record of th
For example, the dividends declared on 28 October 2015 was for shareholders of record of Novewmber 13, 2015 and paid on December 1, 2015.
Misson Statement or closes thing I can find.
What I am looking for is a statement that the company wants to do well by their customers, employees, and community and and thereby earn sharehold
For customers 
For employees 
For community 
For investors 
How they make their money.
Sylogist Ltd is a technology licensing company. The Company through strategic acquisitions, investments and operations management provides intellectual property solutions to public and private sector customers.
Shares; '%, Value $M Shares %, Val $M Shares %, Val $M
Date Jan 11 2017 Jan 21 2018
Wilson, James 1.328 5.92% 0.728 3.24%
Chairman & CEO - Shares - Amount $13.386 $7.207
Options - percentage 1.027 4.57% 1.027 4.57%
Options - amount $10.350 $10.165
Shorter, Xavier 0.000 0.00% 0.000 0.00% Ink Says Shorter
CFO - Shares - Amount $0.000 $0.001 Co. announced this in Aug 16
Options - percentage 0.050 0.22% 0.075 0.33%
Options - amount $0.504 $0.743
Grassby, Brian 0.000 0.00% Morningstar says Grassby
CFO - Shares - Amount $0.000 Ceased to be insider Mar 2016
Options - percentage 0.000 0.00%
Options - amount $0.000
Elder, David 0.814 3.63% 0.677 3.01%
Officer - Shares - Amount $8.210 $6.699
Options - percentage 0.504 2.25% 0.504 2.25%
Options - amount $5.085 $4.994
Cherkas, Ronald 0.375 1.67% 0.375 1.67%
Director - Shares - Amount $3.780 $3.712
Options - percentage 0.135 0.60% 0.135 0.60%
Options - amount $1.361 $1.337
Elliott, C. Fraser 0.413 1.84% 0.445 1.98%
Director - Shares - Amount $4.158 $4.403
Options - percentage 0.060 0.27% 0.060 0.27%
Options - amount $0.605 $0.594
See above
Chairman - Shares - Amt
Options - percentage
Options - amount
Increase in O/S Shares 0.076 0.33% 0.013 0.06%
Due to SO $0.789 $0.128
Book Value $0.651 $0.117
Insider Buying -$1.057 -$1.283
Insider Selling $0.509 $7.138
Net Insider Selling -$0.547 $5.855
Net Selling % of Market Cap -0.24% 2.63%
Directors 4 5
Women 0 0% 0 0%
Minorities 0 0% 0 0%
Institutions/Holdings 15 44.13% 11 45.50% SYZ.V
Total Shares Held 10.035 44.71% 10.213 45.50%
Increase/Decrease 3 Mths -0.018 -0.18% -0.854 -7.72%
Starting No. of Shares 10.052 11.067
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