Sangoma Technologies Shows Asset Decline but Equity Gains

Sangoma Technologies (TSE:STC) has released an update.

Sangoma Technologies Corporation’s recent financial statements reveal a decrease in total assets from $457.75 million as of June 30, 2024, to $442.06 million by September 30, 2024. The company’s liabilities also dropped, with long-term liabilities reducing significantly. Despite these decreases, Sangoma’s shareholders’ equity saw a slight increase, indicating potential financial stability.

For further insights into TSE:STC stock, check out TipRanks’ Stock Analysis page.

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