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Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face. It has three operating segments: North America, Germany, and UK.
2016
2.7K+
LTM Revenue $1.8B
LTM EBITDA $118M
$870M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Converge Technology Solutions has a last 12-month revenue of $1.8B and a last 12-month EBITDA of $118M.
In the most recent fiscal year, Converge Technology Solutions achieved revenue of $1.8B and an EBITDA of -$48.3M.
Converge Technology Solutions expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Converge Technology Solutions valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | XXX | XXX | XXX |
| Gross Profit | $385M | $492M | XXX | XXX | XXX |
| Gross Margin | 20% | 27% | XXX | XXX | XXX |
| EBITDA | $99.8M | -$48.3M | XXX | XXX | XXX |
| EBITDA Margin | 5% | -3% | XXX | XXX | XXX |
| Net Profit | $16.0M | -$1.0M | XXX | XXX | XXX |
| Net Margin | 1% | 0% | XXX | XXX | XXX |
| Net Debt | $183M | $147M | XXX | XXX | XXX |
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As of April 15, 2025, Converge Technology Solutions's stock price is CAD 6 (or $4).
Converge Technology Solutions has current market cap of CAD 1.1B (or $790M), and EV of CAD 1.2B (or $870M).
See Converge Technology Solutions trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $870M | $790M | XXX | XXX | XXX | XXX | $0.45 |
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Sign UpAs of April 15, 2025, Converge Technology Solutions has market cap of $790M and EV of $870M.
Converge Technology Solutions's trades at 0.5x LTM EV/Revenue multiple, and 7.4x LTM EBITDA.
Analysts estimate Converge Technology Solutions's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Converge Technology Solutions and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $870M | XXX | XXX | XXX |
| EV/Revenue | 0.5x | XXX | XXX | XXX |
| EV/EBITDA | -18.0x | XXX | XXX | XXX |
| P/E | -6.4x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 4.6x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpConverge Technology Solutions's NTM/LTM revenue growth is 1%
Converge Technology Solutions's revenue per employee for the last fiscal year averaged $0.7M, while opex per employee averaged $0.2M for the same period.
Over next 12 months, Converge Technology Solutions's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Converge Technology Solutions's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Converge Technology Solutions and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -4% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -3% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -148% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | -1% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.7M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.2M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 0% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 21% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 24% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| Ctac | XXX | XXX | XXX | XXX | XXX | XXX |
| Mastech Digital | XXX | XXX | XXX | XXX | XXX | XXX |
| Atturra | XXX | XXX | XXX | XXX | XXX | XXX |
| Bravura Solutions | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Converge Technology Solutions acquired XXX companies to date.
Last acquisition by Converge Technology Solutions was XXXXXXXX, XXXXX XXXXX XXXXXX . Converge Technology Solutions acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Converge Technology Solutions founded? | Converge Technology Solutions was founded in 2016. |
| Where is Converge Technology Solutions headquartered? | Converge Technology Solutions is headquartered in Canada. |
| How many employees does Converge Technology Solutions have? | As of today, Converge Technology Solutions has 2.7K+ employees. |
| Who is the CEO of Converge Technology Solutions? | Converge Technology Solutions's CEO is Mr. Greg Berard Wrentham. |
| Is Converge Technology Solutions publicy listed? | Yes, Converge Technology Solutions is a public company listed on TSE. |
| What is the stock symbol of Converge Technology Solutions? | Converge Technology Solutions trades under CTS ticker. |
| When did Converge Technology Solutions go public? | Converge Technology Solutions went public in 2018. |
| Who are competitors of Converge Technology Solutions? | Similar companies to Converge Technology Solutions include e.g. , Ctac, Mastech Digital, Atturra. |
| What is the current market cap of Converge Technology Solutions? | Converge Technology Solutions's current market cap is $790M |
| What is the current revenue of Converge Technology Solutions? | Converge Technology Solutions's last 12-month revenue is $1.8B. |
| What is the current EBITDA of Converge Technology Solutions? | Converge Technology Solutions's last 12-month EBITDA is $118M. |
| What is the current EV/Revenue multiple of Converge Technology Solutions? | Current revenue multiple of Converge Technology Solutions is 0.5x. |
| What is the current EV/EBITDA multiple of Converge Technology Solutions? | Current EBITDA multiple of Converge Technology Solutions is 7.4x. |
| What is the current revenue growth of Converge Technology Solutions? | Converge Technology Solutions revenue growth between 2023 and 2024 was -4%. |
| Is Converge Technology Solutions profitable? | Yes, Converge Technology Solutions is EBITDA-positive (as of the last 12 months). |
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