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Sylogist Ltd TSXV SYZ OTC: SYZLF http://www.sylogist.com/ Fiscal Yr: Sep 30
Year 9/30/05 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 Value Description #Y Item Currency
Accounting Rules C GAAP C GAAP C GAAP IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
Consolidation/Split
Revenue* $5.9 $9.0 $8.1 $6.9 $9.2 $9.7 $10.1 $9.3 $11.6 $17.5 $27.4 $35.8 $35.8 $0.0 $0.0 300.01% <-Total Growth 10 Revenue
Increase 12.35% 51.33% -9.80% -14.55% 33.59% 5.03% 4.06% -8.13% 25.66% 50.47% 56.08% 31.07% 0.00% -100.00% #DIV/0! 14.87% <-IRR #YR-> 10 Revenue 300.01%
5 year Running Average $8.7 $7.5 $6.9 $7.0 $7.8 $8.6 $8.8 $9.0 $10.0 $11.6 $15.2 $20 $25.6 $23.3 $19.8 28.87% <-IRR #YR-> 5 Revenue 255.39%
Revenue per Share $0.42 $0.58 $0.45 $0.39 $0.55 $0.48 $0.51 $0.49 $0.58 $0.70 $1.11 $1.57 $1.57 $0.00 $0.00 10.52% <-IRR #YR-> 10 5 yr Running Average 171.91%
Increase -14.58% 40.38% -22.99% -12.85% 40.71% -12.70% 6.77% -4.69% 19.02% 20.72% 57.50% 41.44% 0.00% -100.00% #DIV/0! 18.23% <-IRR #YR-> 5 5 yr Running Average 130.98%
5 year Running Average $1.79 $1.01 $0.59 $0.47 $0.48 $0.49 $0.48 $0.49 $0.52 $0.55 $0.68 $0.89 $1.11 $0.99 $0.85 10.38% <-IRR #YR-> 10 Revenue per Share 168.54%
P/S (Price/Sales) Med 3.22 3.07 2.68 1.21 0.98 3.50 3.97 4.62 8.61 12.64 7.69 5.60 24.99% <-IRR #YR-> 5 Revenue per Share 205.07%
P/S (Price/Sales) Close 4.33 1.35 0.89 0.89 2.09 4.85 3.51 7.15 11.90 14.08 7.13 5.04 6.61 #DIV/0! #DIV/0! -1.26% <-IRR #YR-> 10 5 yr Running Average -11.93%
*Revenue in M CDN $  P/S Med 10 yr  4.30 5 yr  7.69 53.82% Diff M/C 13.27% <-IRR #YR-> 5 5 yr Running Average 86.47%
-$9.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $35.8
-$10.1 $0.0 $0.0 $0.0 $0.0 $35.8
-$7.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $20.3
-$8.8 $0.0 $0.0 $0.0 $0.0 $20.3
-$0.58 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.57
-$0.51 $0.00 $0.00 $0.00 $0.00 $1.57
EPS Basic $0.14 -$0.01 -$0.07 -$0.23 $0.09 $0.18 $0.09 $0.10 $0.22 $0.14 $0.10 $0.28 2900.00% <-Total Growth 10 EPS Basic
EPS Diluted* $0.13 -$0.01 -$0.07 -$0.23 $0.09 $0.17 $0.09 $0.10 $0.21 $0.14 $0.10 $0.28 $0.28 $0.00 $0.00 2900.00% <-Total Growth 10 EPS Diluted
Increase 0.00% -107.69% -600.00% -228.57% 139.13% 88.89% -47.06% 11.11% 110.00% -33.33% -28.57% 180.00% 0.00% -100.00% #DIV/0! #NUM! <-IRR #YR-> 10 Earnings per Share 2900.00%
Earnings Yield 7.22% -1.27% -17.50% -65.71% 7.83% 7.30% 5.00% 2.86% 3.03% 1.41% 1.27% 3.54% 2.71% 0.00% 0.00% 25.48% <-IRR #YR-> 5 Earnings per Share 211.11%
5 year Running Average -$0.09 -$0.08 $0.05 -$0.01 -$0.02 -$0.01 $0.01 $0.04 $0.13 $0.14 $0.13 $0.17 $0.20 $0.16 $0.13 #NUM! <-IRR #YR-> 10 5 yr Running Average 318.42%
10 year Running Average -$0.04 -$0.04 -$0.05 -$0.07 -$0.07 -$0.05 -$0.03 $0.05 $0.06 $0.06 $0.06 $0.09 $0.12 $0.15 $0.14 75.40% <-IRR #YR-> 5 5 yr Running Average 1560.00%
* Diluted ESP per share  E/P 10 Yrs 2.94% 5Yrs 2.86%
$0.01 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.28
-$0.09 $0.00 $0.00 $0.00 $0.00 $0.28
$0.08 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.17
-$0.01 $0.00 $0.00 $0.00 $0.00 $0.17
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 7 Special Dividends
Dividend* $0.05 $0.09 $0.12 $0.17 $0.21 $0.24 $0.25 $0.28 $0.28 $0.28 410.20% <-Total Growth 6 Dividends
Increase 83.67% 33.33% 37.50% 24.24% 17.07% 4.17% 12.00% 0.00% 0.00% Count 7 Years of data
Dividends 5 Yr Running $0.01 $0.03 $0.05 $0.08 $0.13 $0.16 $0.20 $0.23 $0.25 $0.27 1900.00% <-Total Growth 6 Dividends 5 Yr Running
Yield H/L Price 2.91% 4.41% 5.31% 3.29% 2.31% 2.82% 2.85% 2.77% 2.91% <-Median-> 7 Yield H/L Price
Yield on High  Price 1.88% 3.52% 4.01% 2.32% 1.76% 2.21% 2.20% 2.59% 2.21% <-Median-> 7 Yield on High  Price
Yield on Low Price 6.45% 5.92% 7.84% 5.63% 3.33% 3.88% 4.05% 2.97% 5.63% <-Median-> 7 Yield on Low Price
Yield on Close Price 2.10% 5.00% 3.43% 2.38% 2.07% 3.04% 3.16% 2.71% 2.71% 2.71% 3.04% <-Median-> 7 Yield on Close Price
Payout Ratio EPS 28.82% 100.00% 120.00% 78.57% 146.43% 240.00% 89.29% 100.00% <-Median-> 7 DPR EPS
DPR EPS 5 Yr Running -98.00% 278.00% 117.73% 64.24% 88.59% 128.13% 118.07% 117.73% <-Median-> 7 DPR EPS 5 Yr Running
Payout Ratio CFPS 22.52% 42.18% 59.22% 131.01% 85.95% 70.23% 53.56% 59.22% <-Median-> 7 DPR CF
DPR CF 5 Yr Running 27.71% 29.57% 36.31% 47.73% 63.02% 73.07% 71.24% 47.73% <-Median-> 7 DPR CF 5 Yr Running
Payout Ratio CFPS WC 28.65% 44.07% 57.42% 67.69% 100.35% 65.12% 44.22% 57.42% <-Median-> 7 DPR CF WC
DPR CF WC 5 Yr Running 18.84% 35.46% 39.41% 44.99% 60.93% 66.68% 61.60% 44.99% <-Median-> 7 DPR CF WC 5 Yr Running
Median Values 5 Yr Med 5 Yr Cl 2.85% 3.04% 5 Yr Med Payout 120.00% 70.23% 65.12% 25.50% <-IRR #YR-> 6 Dividends
* Dividends per share  5 Yr Med and Cur. -5.15% -10.95% Last Div Inc ---> $0.06 $0.07 16.7% 22.67% <-IRR #YR-> 5 Dividends
-$0.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.25
-$0.09 $0.00 $0.00 $0.00 $0.00 $0.25
Historical Dividends Historical High Div 7.01% Low Div 1.83% Ave Div 4.42% Med Div 2.91% Close Div 3.04% Historical Dividends
High/Ave/Median Values Curr diff Exp. -61.41% Cheap 47.83% Exp. -38.79% Exp. -7.03% Exp. -10.95% High/Ave/Median 
Future Div Yield Div Yd 7.31% earning in 5 Years at IRR of 22.00% Div Inc. 170.27% Future Dividend Yield
Future Div Yield Div Yd 19.76% earning in 10 Years at IRR of 22.00% Div Inc. 630.46% Future Dividend Yield
Future Div Yield Div Yd 53.41% 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% 14.24% 12.25% 12.39% 5.58% 3.15% 12.25% <-Median-> 7 Paid Median Price
Yield if held 10 yrs 2.50% 35.29% 109.09% 82.50% 36.28% 17.91% 13.97% 23.24% 58.95% 51.85% 35.29% <-Median-> 7 Paid Median Price
Yield if held 15 yrs 21.93% 12.24% 98.04% 254.55% 140.00% 49.56% 21.93% <-Median-> 3 Paid Median Price
Yield if held 20 yrs 29.95% #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% 7.77% 21.49% 89.26% 116.48% 48.66% 48.04% 50.44% 25.02% 14.97% 48.04% <-Median-> 7 Paid Median Price
Cost covered if held 10 years 2.50% 54.51% 235.45% 212.00% 111.33% 64.85% 62.51% 116.10% 353.47% 362.78% 64.85% <-Median-> 7 Paid Median Price
Cost covered if held 15 years 67.27% 44.34% 438.82% 1271.82% 839.50% 346.73% 67.27% <-Median-> 3 Paid Median Price
Cost covered if held 20 years 209.52% #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 25 years #DIV/0! #NUM! <-Median-> 0 Paid Median Price
Graham Number $1.25 $1.10 $1.20 $1.00 $1.10 $1.87 $1.35 $1.28 $2.02 $2.73 $2.31 $3.49 $3.49 $0.00 $0.00 216.17% <-Total Growth 10 Graham Number
Increase 64.85% -11.94% 8.57% -16.56% 9.73% 70.44% -27.88% -4.74% 57.00% 35.44% -15.49% 51.15% 0.00% -100.00% #DIV/0! 9.15% <-Median-> 10 Graham Price
Price/GP Ratio Med 1.07 1.62 1.01 0.48 0.49 0.90 1.51 1.76 2.49 3.25 3.69 2.51 1.64 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 1.80 1.90 1.70 0.65 0.71 1.40 1.90 2.33 3.52 4.26 4.70 3.25 2.11 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 0.34 1.34 0.31 0.30 0.27 0.41 1.13 1.19 1.45 2.25 2.68 1.77 1.16 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 1.44 0.72 0.33 0.35 1.05 1.25 1.34 2.73 3.44 3.63 3.42 2.27 2.97 #DIV/0! #DIV/0! 1.80 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close 43.72% -28.37% -66.60% -64.97% 4.89% 24.69% 33.55% 172.62% 243.82% 262.66% 242.45% 126.56% 196.82% #DIV/0! #DIV/0! 80.06% <-Median-> 10 Graham Price
Month, Year Dec-05 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
Price Close $1.80 $0.79 $0.40 $0.35 $1.15 $2.33 $1.80 $3.50 $6.93 $9.90 $7.90 $7.90 $10.35 $10.35 $10.35 900.00% <-Total Growth 10 Stock Price
Increase 153.52% -56.11% -49.37% -12.50% 228.57% 102.61% -22.75% 94.44% 98.00% 42.86% -20.20% 0.00% 31.01% 0.00% 0.00% 25.89% <-IRR #YR-> 10 Stock Price
P/E Ratio 13.85 -79.00 -5.71 -1.52 12.78 13.71 20.00 35.00 33.00 70.71 79.00 28.21 36.96 #DIV/0! #DIV/0! 34.42% <-IRR #YR-> 5 Stock Price
Trailing P/E Ratio 13.85 6.08 -40.00 -5.00 -5.00 25.89 10.59 38.89 69.30 47.14 56.43 79.00 36.96 36.96 #DIV/0! 28.94% <-IRR #YR-> 10 Price & Dividend
Median 10, 5 Yrs D.  per yr 3.04% 5.96% % Tot Ret 10.52% 14.76% T P/E 56.43 P/E:  24.11 35.00 40.38% <-IRR #YR-> 5 Price & Dividend
Historical Median
-$0.79 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7.90
-$1.80 $0.00 $0.00 $0.00 $0.00 $7.90
-$0.79 $0.00 $0.00 $0.00 $0.05 $0.09 $0.12 $0.17 $0.21 $0.24 $8.15
-$1.80 $0.12 $0.17 $0.21 $0.24 $8.15
Month, Year Sep-05 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
Price Close $2.20 $1.90 $0.45 $0.30 $0.76 $2.47 $1.57 $2.99 $6.50 $11.00 $6.18 $10.01 $10.35 $10.35 $10.35 426.84% <-Total Growth 10 Stock Price
Increase 388.89% -13.64% -76.32% -33.33% 153.33% 225.00% -36.44% 90.45% 117.39% 69.23% -43.82% 61.97% 3.40% 0.00% 0.00% 18.08% <-IRR #YR-> 10 Stock Price
P/E Ratio 16.92 -190.00 -6.43 -1.30 8.44 14.53 17.44 29.90 30.95 78.57 61.80 35.75 36.96 #DIV/0! #DIV/0! 44.85% <-IRR #YR-> 5 Stock Price
Trailing P/E Ratio $16.92 $14.62 -$45.00 -$4.29 -$3.30 $27.44 $9.24 $33.22 $65.00 $52.38 $44.14 $100.10 $36.96 $36.96 #DIV/0! 19.98% <-IRR #YR-> 10 Price & Dividend
Median 10, 5 Yrs D.  per yr 1.90% 6.04% % Tot Ret 9.53% 11.87% T P/E 52.38 P/E:  23.67 35.75 50.88% <-IRR #YR-> 5 Price & Dividend
Price H/L Median $1.34 $1.79 $1.21 $0.48 $0.54 $1.69 $2.04 $2.26 $5.02 $8.89 $8.52 $8.77 $10.11 389.66% <-Total Growth 10 Stock Price
Increase 137.17% 33.58% -32.68% -60.58% 13.68% 212.04% 21.07% 10.78% 121.90% 77.17% -4.16% 2.94% 15.35% 17.22% <-IRR #YR-> 10 Stock Price
P/E Ratio 10.31 -179.00 -17.21 -2.07 6.00 9.91 22.67 22.60 23.88 63.46 85.15 31.30 36.11 33.85% <-IRR #YR-> 5 Stock Price
Trailing P/E Ratio 10.31 13.77 -120.50 -6.79 -2.35 18.72 12.00 25.11 50.15 42.31 60.82 87.65 36.11 22.00% <-IRR #YR-> 10 Price & Dividend
P/E on Running 5 yr Average -15.58 -23.55 23.17 -47.50 -30.00 -168.50 204.00 51.36 37.99 62.57 66.52 52.80 50.05 39.14% <-IRR #YR-> 5 Price & Dividend
P/E on Running 10 yr Average -31.16 -40.68 -23.63 -6.42 -8.31 -35.10 -61.82 47.08 82.21 143.31 144.32 99.60 82.20 7.96 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 4.78% 5.29% % Tot Ret 21.74% 13.52% T P/E 50.15 P/E:  22.63 31.30 Count 18 Years of data
-$1.79 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.77
-$2.04 $0.00 $0.00 $0.00 $0.00 $8.77
-$1.79 $0.05 $0.09 $0.12 $0.17 $0.21 $0.24 $0.25 $0.28 $0.28 $9.02
-$2.04 $0.12 $0.17 $0.21 $0.24 $9.02
High Months Aug 05 Oct 05 Oct 06 Nov 07 Sep 09 Aug 10 Oct 10 Sep 12 Aug 13 Aug 14 Nov 14 Aug 16 Dec 16
Price High $2.25 $2.10 $2.04 $0.65 $0.78 $2.61 $2.56 $2.99 $7.10 $11.62 $10.85 $11.35 $10.80 440.48% <-Total Growth 10 Stock Price
Increase 155.68% -6.67% -2.86% -68.14% 20.00% 234.62% -1.92% 16.80% 137.46% 63.66% -6.63% 4.61% -4.85% 18.38% <-IRR #YR-> 10 Stock Price
P/E Ratio 17.31 -210.00 -29.14 -2.83 8.67 15.35 28.44 29.90 33.81 83.00 108.50 40.54 38.57 34.69% <-IRR #YR-> 5 Stock Price
Trailing P/E Ratio 17.31 16.15 -204.00 -9.29 -3.39 29.00 15.06 33.22 71.00 55.33 77.50 113.50 38.57 12.01 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 71.00 P/E:  29.17 40.54 37.85 P/E Ratio Historical High
-$2.10 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $11.35
-$2.56 $0.00 $0.00 $0.00 $0.00 $11.35
Low Months Oct 04 Jul 06 Sep 07 Sep 08 Oct 08 Oct 09 Sep 11 Oct 11 Oct 12 Oct 13 Sep 15 Oct 15 Oct 16
Price Low $0.43 $1.48 $0.37 $0.30 $0.30 $0.76 $1.52 $1.53 $2.93 $6.15 $6.18 $6.18 $9.42 317.57% <-Total Growth 10 Stock Price
Increase 72.00% 244.19% -75.00% -18.92% 0.00% 153.33% 100.00% 0.66% 91.50% 109.90% 0.49% 0.00% 52.43% 15.36% <-IRR #YR-> 10 Stock Price
P/E Ratio 3.31 -148.00 -5.29 -1.30 3.33 4.47 16.89 15.30 13.95 43.93 61.80 22.07 33.64 32.38% <-IRR #YR-> 5 Stock Price
Trailing P/E Ratio 3.31 11.38 -37.00 -4.29 -1.30 8.44 8.94 17.00 29.30 29.29 44.14 61.80 33.64 3.32 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 29.30 P/E:  14.63 22.07 -1.52 P/E Ratio Historical Low
-$1.48 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $6.18
Long Term Debt $0.11 $0.11 $0.08 $0.04 $0.19 $0.14 $0.10 $0.06 $0.00 $0.14 $0.99 $0.06 Yes 0 Debt Lease Inducements
Debt/Market Cap Ratio 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 <-Median-> 10 Debt/Market Cap Ratio
Goodwill & Intangibles $0.34 $2.49 $3.61 $3.23 $3.65 $3.48 $3.27 $3.05 $7.37 $25.30 $23.41 $21.70 Intangibles Goodwill
Intangible/Market Cap Ratio 0.01 0.21 0.50 0.52 0.19 0.07 0.09 0.05 0.05 0.10 0.12 0.12 0.11 <-Median-> 10 Intangible/Market Cap Ratio
Market Cap $25.7 $12.1 $7.2 $6.2 $19.3 $47.0 $35.4 $66.3 $138.6 $246.7 $195.1 $180.8 $236.9 $236.9 $236.9 13.90 <-Total Growth 10 Market Cap
Diluted # of Shares in Million 13.27 14.57 17.96 17.96 17.05 18.25 20.75 20.02 20.17 21.62 24.97 23.44 0.00 0.00 0.00 60.86% <-Total Growth 10 Diluted
Change 46.10% 9.82% 23.25% 0.01% -5.08% 7.07% 13.68% -3.53% 0.77% 7.18% 15.50% -6.14% -100.00% #DIV/0! #DIV/0! 4.87% <-IRR #YR-> 10 Diluted
Average # of Shares in Million 12.90 14.57 17.96 17.96 17.01 17.44 20.06 19.73 19.46 21.38 24.93 23.44 60.86% <-Total Growth 10 Average
Change 45.88% 12.98% 23.25% 0.01% -5.29% 2.52% 15.04% -1.64% -1.40% 9.89% 16.60% -5.97% 1.27% <-Median-> 10 Change
Difference 10.49% 5.43% 0.20% -1.76% -1.52% 15.58% -2.08% -4.04% 2.76% 16.56% -0.94% -2.37% -1.23% <-Median-> 10 Difference
Pre-consolidation 02
# of Share in Millions 14.251 15.364 17.995 17.645 16.753 20.156 19.645 18.936 19.993 24.920 24.695 22.885 22.885 22.885 22.885 4.07% <-IRR #YR-> 10 Shares
Increase 31.53% 7.81% 17.13% -1.94% -5.06% 20.32% -2.54% -3.61% 5.58% 24.64% -0.90% -7.33% 0.00% 0.00% 0.00% 3.10% <-IRR #YR-> 5 Shares
CF fr Op $Millon $0.9 -$1.2 -$0.7 -$0.9 $2.2 $4.4 $4.2 $3.8 $2.5 $5.9 $8.4 $10.7 $0.0 $0.0 $0.0 971.61% <-Total Growth 10 Cash Flow
Increase 220.02% -234.70% 40.18% -17.83% 349.70% 103.32% -4.41% -8.46% -34.38% 136.04% 41.98% 26.57% -100.00% #DIV/0! #DIV/0! SO, Sh Issues Buy Backs Warrants
5 year Running Average $0.3 $0.0 -$0.2 -$0.3 $0.0 $0.7 $1.8 $2.7 $3.4 $4.2 $5.0 $6.3 $5.5 $5.0 $3.8 42487.66% <-Total Growth 10 CF 5 Yr Running
CFPS $0.06 -$0.08 -$0.04 -$0.05 $0.13 $0.22 $0.21 $0.20 $0.13 $0.24 $0.34 $0.47 $0.00 $0.00 $0.00 685.14% <-Total Growth 10 Cash Flow per Share
Increase 143.31% -224.95% 48.93% -20.17% 363.00% 68.99% -1.92% -5.03% -37.85% 89.37% 43.27% 36.58% -100.00% #DIV/0! #DIV/0! #NUM! <-IRR #YR-> 10 Cash Flow 971.61%
5 year Running Average $0.04 $0.00 -$0.01 -$0.02 $0.00 $0.04 $0.09 $0.14 $0.18 $0.20 $0.22 $0.28 $0.23 $0.21 $0.16 20.57% <-IRR #YR-> 5 Cash Flow 154.81%
P/CF on Med Price 20.99 -22.44 -29.58 -9.70 4.19 7.74 9.56 11.15 39.82 37.25 24.92 18.78 #DIV/0! #NUM! <-IRR #YR-> 10 Cash Flow per Share 685.14%
P/CF on Closing Price 28.20 -9.90 -9.82 -7.15 8.93 10.71 8.44 17.27 55.02 41.51 23.12 16.93 #DIV/0! 16.95% <-IRR #YR-> 5 Cash Flow per Share 118.73%
#DIV/0! Diff M/C 56.49% <-IRR #YR-> 10 CFPS 5 yr Running 8707.65%
Excl.Working Capital CF $0.376 $2.336 -$0.277 $0.133 -$0.242 -$0.938 -$0.180 $0.120 $2.356 -$0.853 $0.663 $2.3 $0.0 $0.0 $0.0 23.96% <-IRR #YR-> 5 CFPS 5 yr Running 192.67%
CF fr Op $M WC $1.3 $1.1 -$1.0 -$0.7 $1.9 $3.4 $4.0 $4.0 $4.9 $5.1 $9.1 $12.9 $0.0 $0.0 $0.0 1065.41% <-Total Growth 10 Cash Flow less WC
Increase 47.78% -13.66% -191.00% 27.70% 362.21% 80.00% 16.37% -1.35% 23.15% 4.46% 78.79% 42.16% -100.00% #DIV/0! #DIV/0! 27.83% <-IRR #YR-> 10 Cash Flow less WC 1065.41%
5 year Running Average $0.3 $0.5 $0.6 $0.3 $0.5 $0.9 $1.5 $2.5 $3.6 $4.3 $5.4 $7.2 $6.4 $5.4 $4.4 26.39% <-IRR #YR-> 5 Cash Flow less WC 222.52%
CFPS Excl. WC $0.09 $0.07 -$0.06 -$0.04 $0.11 $0.17 $0.20 $0.21 $0.24 $0.20 $0.37 $0.57 $0.00 $0.00 $0.00 31.52% <-IRR #YR-> 10 CF less WC 5 Yr Run 1449.00%
Increase 12.36% -19.91% -177.69% 26.27% 376.17% 49.61% 19.40% 2.34% 16.64% -16.19% 80.41% 53.40% -100.00% #DIV/0! #DIV/0! 36.34% <-IRR #YR-> 5 CF less WC 5 Yr Run 371.10%
5 year Running Average -$0.01 -$0.01 $0.06 $0.03 $0.04 $0.05 $0.08 $0.13 $0.19 $0.21 $0.25 $0.32 $0.28 $0.23 $0.19 22.84% <-IRR #YR-> 10 CFPS - Less WC 682.38%
P/CF on Median Price 14.85 24.77 -21.46 -11.47 4.72 9.85 9.99 10.81 20.57 43.49 23.10 15.50 22.59% <-IRR #YR-> 5 CFPS - Less WC 176.85%
P/CF on Closing Price 19.95 10.93 -7.12 -8.45 10.06 13.62 8.81 16.75 28.43 48.46 21.43 13.97 #DIV/0! #DIV/0! #DIV/0! #NUM! <-IRR #YR-> 10 CFPS 5 yr Running 4959.18%
*Operational Cash Flow. CF/-WC P/CF Med 10 yr 10.36 5 yr  24.92 P/CF Med 10 yr 10.40 5 yr  20.57 #DIV/0! Diff M/C 32.33% <-IRR #YR-> 5 CFPS 5 yr Running 305.83%
$0.08 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.47 Cash Flow per Share
-$0.21 $0.00 $0.00 $0.00 $0.00 $0.47 Cash Flow per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.28 CFPS 5 yr Running
-$0.09 $0.00 $0.00 $0.00 $0.00 $0.28 CFPS 5 yr Running
-$1.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $12.9 Cash Flow less WC
-$4.0 $0.0 $0.0 $0.0 $0.0 $12.9 Cash Flow less WC
-$0.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $7.2 CF less WC 5 Yr Run
-$1.5 $0.0 $0.0 $0.0 $0.0 $7.2 CF less WC 5 Yr Run
-$0.07 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.57 CFPS - Less WC
-$0.20 $0.00 $0.00 $0.00 $0.00 $0.57 CFPS - Less WC
OPM Ratio 15.36% -13.67% -9.07% -12.50% 23.37% 45.24% 41.56% 41.41% 21.62% 33.92% 30.86% 29.80% 317.90% <-Total Growth 10 OPM
Increase 184.85% -189.01% 33.68% -37.89% 286.91% 93.58% -8.15% -0.36% -47.78% 56.87% -9.03% -3.44% Should increase  or be stable.
Diff from Median -49.3% -145.1% -129.9% -141.2% -22.9% 49.2% 37.0% 36.5% -28.7% 11.9% 1.7% -1.7% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 30.33% 5 Yrs 30.86% should be  zero, it is a   check on calculations
Current Assets $7.0 $3.5 $7.2 $6.4 $7.2 $16.1 $16.5 $13.7 $12.7 $47.3 $46.6 $35.9 Liquidity ratio of 1.5 and up, best Quick Ratio
Current Liabilities $1.0 $1.9 $1.9 $2.4 $2.6 $3.5 $4.0 $3.9 $5.5 $13.6 $13.0 $13.7 3.53 <-Median-> 10 Ratio
Liquidity Ratio 6.76 1.87 3.69 2.63 2.72 4.65 4.12 3.56 2.32 3.49 3.58 2.61 3.49 <-Median-> 5 Ratio
Liq. with CF aft div 7.63 1.21 3.31 2.27 3.54 5.63 4.73 3.97 2.18 3.55 3.77 2.97 3.55 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  1.58 1.21 1.34 2.27 2.72 5.08 1.67 3.97 1.36 2.06 3.47 2.78 2.78 <-Median-> 5 Ratio
Curr Long Term Debt $0.035 $0.035 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.039
Liquidity Less CLTD 7.00 1.90 3.69 2.63 2.72 4.65 4.12 3.56 2.32 3.49 3.58 2.62 3.49 <-Median-> 5 Ratio
Liq. with CF aft div 7.90 1.23 3.31 2.27 3.54 5.63 4.73 3.97 2.18 3.55 3.77 2.98 3.55 <-Median-> 5 Ratio
Assets $8.8 $11.2 $14.8 $11.1 $12.7 $22.0 $21.7 $17.7 $23.3 $78.8 $75.7 $61.4 Debt Ratio of 1.5 and up, best Current Ratio
Liabilities $1.2 $2.0 $2.1 $2.4 $2.8 $3.6 $4.1 $3.9 $6.2 $19.9 $17.2 $17.2 4.57 <-Median-> 10 Ratio
Debt Ratio 7.63 5.57 7.17 4.56 4.58 6.15 5.32 4.58 3.79 3.97 4.39 3.57 3.97 <-Median-> 5 Ratio
Book Value $7.6 $9.2 $12.7 $8.7 $9.9 $18.4 $17.6 $13.9 $17.2 $59.0 $58.4 $44.2 $44.2 $44.2 $44.2 378.61% <-Total Growth 10 Book Value
Book Value per share $0.54 $0.60 $0.71 $0.49 $0.59 $0.91 $0.90 $0.73 $0.86 $2.37 $2.37 $1.93 $1.93 $1.93 $1.93 221.31% <-Total Growth 10 Book Value per Share
Increase 171.76% 12.01% 17.88% -30.38% 20.41% 53.79% -1.74% -18.34% 17.37% 175.15% -0.02% -18.40% 0.00% 0.00% 0.00% 100.13% P/B Ratio Current/10 Year Median
P/B Ratio (Median) 2.50 2.98 1.70 0.96 0.91 1.85 2.27 3.09 5.83 3.76 3.60 4.54 2.39 P/B Ratio Historical Median
P/B Ratio (Close) 3.36 1.32 0.56 0.71 1.94 2.55 2.01 4.78 8.06 4.18 3.34 4.09 5.36 5.36 5.36 12.38% <-IRR #YR-> 10 Book Value per Share 221.31%
Change -6.71% -60.82% -57.05% 25.67% 172.88% 31.74% -21.38% 138.11% 68.69% -48.08% -20.18% 22.55% 31.01% 0.00% 0.00% 16.56% <-IRR #YR-> 5 Book Value per Share 115.15%
Leverage (A/BK) 1.15 1.22 1.16 1.28 1.28 1.19 1.23 1.28 1.36 1.34 1.30 1.39 1.34 <-Median-> 5 A/BV
Debt/Equity Ratio 0.15 0.22 0.16 0.28 0.28 0.19 0.23 0.28 0.36 0.34 0.30 0.39 0.34 <-Median-> 5 Debt/Eq Ratio
Shareholders' Equity (Assets less Liabilities) P/BV 10 yr Med 2.68 5 yr Med 3.76 100.13% Diff M/C 1.28 Historical Leverage (A/BK)
-$0.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.93
-$0.90 $0.00 $0.00 $0.00 $0.00 $1.93
Comprehensive Income -$0.2 -$1.3 -$4.0 $1.5 $3.1 $1.89 $2.02 $4.28 $2.90 $2.14 $7.04 3363.26% <-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% 6.69% <-Median-> 5 Comprehensive Income
5 Yr Running Average -$0.2 $0.2 $0.9 $2.5 $2.8 $2.6 $3.7 #NUM! <-IRR #YR-> 10 Comprehensive Income 3363.26%
ROE -2.3% -10.3% -46.0% 14.8% 16.7% 10.7% 14.6% 24.9% 4.9% 3.7% 15.9% 30.02% <-IRR #YR-> 5 Comprehensive Income 271.63%
5Yr Median -2.3% 10.7% 14.6% 14.8% 14.6% 10.7% 14.6% #NUM! <-IRR #YR-> 6 5 Yr Running Average #DIV/0!
% 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% 74.51% <-IRR #YR-> 5 5 Yr Running Average 1518.40%
Median Values Diff 5, 10 yr 0.0% -0.5% 14.6% <-Median-> 5 Return on Equity
$0.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $7.0
-$1.9 $0.0 $0.0 $0.0 $0.0 $7.0
$0.2 $0.0 $0.0 $0.0 $0.0 $0.0 $3.7
-$0.2 $0.0 $0.0 $0.0 $0.0 $3.7
Current Liability Coverage Ratio 1.24 0.60 -0.52 -0.30 0.73 0.99 1.00 1.03 0.89 0.38 0.70 0.94   CFO / Current Liabilities
5 year Median 0.49 0.60 0.60 0.60 0.60 0.60 0.73 0.99 0.99 0.99 0.89 0.89 0.89 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio 14.62% 9.87% -6.82% -6.56% 15.06% 15.69% 18.49% 22.30% 20.88% 6.46% 12.03% 21.09% CFO / Total Assets
5 year Median 14.6% 14.6% 14.6% 9.9% 9.9% 9.9% 15.1% 15.7% 18.5% 18.5% 18.5% 20.88% 20.9% <-Median-> 5 Return on Assets 
Return on Assets ROA 20.1% -1.9% -8.8% -35.9% 11.6% 14.0% 8.7% 11.4% 18.4% 3.9% 3.4% 10.8% Net  Income/Assets Return on Assets
5Yr Median 20.1% 20.1% 20.1% -1.9% -1.9% -1.9% 8.7% 11.4% 11.6% 11.4% 8.7% 10.8% 10.8% <-Median-> 5 Asset Efficiency Ratio
Return on Equity ROE 23.1% -2.3% -10.3% -46.0% 14.8% 16.7% 10.7% 14.6% 24.9% 5.2% 4.4% 15.0% Net Inc/ Shareholders' equity Return on Equity
5Yr Median -12.9% -2.3% -2.3% -2.3% -2.3% -2.3% 10.7% 14.6% 14.8% 14.6% 10.7% 14.6% 14.6% <-Median-> 5 Return on Equity
Net Income $1.8 -$0.2 -$1.3 -$4.0 $1.5 $3.1 $1.89 $2.0 $4.3 $3.1 $2.5 $6.6 $0.0 $0.0 $0.0 3177.31% <-Total Growth 10 Net Income
Increase 49.60% -112% -506.07% -206.21% 136.89% 108.30% -38.42% 7.28% 110.96% -28.63% -16.69% 160.44% -100.00% #DIV/0! #DIV/0! EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $0.1 $0.1 $0.4 -$0.5 -$0.5 -$0.2 $0.2 $0.9 $2.6 $2.9 $2.8 $4 $3.3 $2.4 $1.8 #NUM! <-IRR #YR-> 10 Net Income 3177.31%
Operating Cash Flow $0.9 -$1.2 -$0.7 -$0.9 $2.2 $4.4 $4.2 $3.8 $2.5 $5.9 $8.4 $10.7 28.51% <-IRR #YR-> 5 Net Income 250.46%
Investment Cash Flow -$4.0 $0.3 -$2.9 $0.0 -$0.8 -$0.4 -$7.3 $6.4 -$3.3 -$9.9 -$1.1 -$1.0 43.55% <-IRR #YR-> 10 5 Yr Running Average 3616.23%
Total Accruals $4.8 $0.7 $2.3 -$3.1 $0.1 -$0.9 $5.0 -$8.2 $5.0 $7.0 -$4.8 -$3.1 74.84% <-IRR #YR-> 5 5 Yr Running Average 1533.98%
Total Assets $8.8 $11.2 $14.8 $11.1 $12.7 $22.0 $21.7 $17.7 $23.3 $78.8 $75.7 $61.4 Balance Sheet Assets
Accruals Ratio 55.04% 6.45% 15.55% -28.13% 0.91% -4.28% 23.11% -46.40% 21.61% 8.87% -6.29% -5.00% -5.00% <-Median-> 5 Ratio
EPS/CF Ratio (WC) 1.44 -0.14 1.25 5.56 0.79 0.99 0.44 0.48 0.86 0.69 0.27 0.50 0.74 <-Median-> 10 EPS/CF Ratio
$0.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $6.6
-$1.9 $0.0 $0.0 $0.0 $0.0 $6.6
-$0.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $3.7
-$0.2 $0.0 $0.0 $0.0 $0.0 $3.7
Change in Close 153.52% -56.11% -49.37% -12.50% 228.57% 102.61% -22.75% 94.44% 98.00% 42.86% -20.20% 0.00% 31.01% 0.00% 0.00% Count 25 Years of data
up/down Count 0 0.00%
Meet Prediction? % right Count 0 #DIV/0!
Financial Cash Flow $3.5 $0.5 $4.6 -$0.1 -$0.2 $5.0 -$3.4 -$6.2 -$1.2 $36.5 -$7.9 -$22.8 C F Statement  Financial Cash Flow
Total Accruals $1.4 $0.2 -$2.3 -$3.0 $0.3 -$6.0 $8.4 -$2.0 $6.2 -$29.5 $3.1 $19.8 Accruals
Accruals Ratio 15.44% 1.96% -15.70% -26.92% 2.20% -27.26% 38.79% -11.48% 26.77% -37.41% 4.14% 32.21% 4.14% <-Median-> 5 Ratio
Cash $1.3 $0.9 $1.9 $0.9 $2.1 $14.1 $7.6 $11.7 $9.7 $42.1 $41.1 $28.4 Cash
Cash per Share $0.09 $0.06 $0.10 $0.05 $0.12 $0.70 $0.39 $0.62 $0.49 $1.69 $1.66 $1.24 $1.24 <-Median-> 5 Cash per Share
Percentage of Stock Price 5.07% 7.12% 26.15% 14.25% 10.77% 30.11% 21.53% 17.61% 7.00% 17.06% 21.06% 15.69% 17.06% <-Median-> 5 % of Stock Price
Notes:
Traded on Toronto Venture Exchange.
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.
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 the following month and paid in the next month.
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 shareholders a reasonable return.
For customers 
For employees 
For community 
For investors 
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.
Why I bought this stock.
How they make their money.
Sylogist Ltd. is a technology innovation and licensing company, which, through strategic acquisitions, investments and operations management, provides intellectual property solutions to a range of public and private sector customers.
Shares; '%, Value $M Shares %, Val $M
Date Jan 11 2017
Wilson, James 1.328 5.80%
Chairman & CEO - Shares - Amount $13.745
Options - percentage 1.027 4.49%
Options - amount $10.627
Shorter, Xavier 0.000 0.00% Ink Says Shorter
CFO - Shares - Amount $0.000 Co. announced this in Aug 16
Options - percentage 0.050 0.22%
Options - amount $0.518
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 3.56%
Officer - Shares - Amount $8.430
Options - percentage 0.504 2.20%
Options - amount $5.221
Cherkas, Ronald 0.375 1.64%
Director - Shares - Amount $3.881
Options - percentage 0.135 0.59%
Options - amount $1.397
Elliott, C. Fraser 0.413 1.80%
Director - Shares - Amount $4.270
Options - percentage 0.060 0.26%
Options - amount $0.621
See above
Chairman - Shares - Amt
Options - percentage
Options - amount
Increase in O/S Shares 0.076 0.33%
Due to SO $0.603
Book Value $0.651
Insider Buying -$1.057
Insider Selling $0.509
Net Insider Selling -$0.547
Net Selling % of Market Cap -0.23%
Directors 4
Women 0 0%
Minorities 0 0%
Institutions/Holdings 15 44.13%
Total Shares Held 10.035 43.85%
Increase/Decrease 3 Mths -0.018 -0.18%
Starting No. of Shares 10.052
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