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Converge Technology Solutions Corp (CTS.TO)

Converge Technology Solutions Corp (CTS.TO)
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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.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 2,592,081 2,705,207 2,164,647 1,527,841 948,799
Sales Growth -4.18% +24.97% +41.68% +61.03% +37.95%
Net Income -177,713 -1,448 22,844 15,946 -4,175
Net Income Growth -12,173.00% -106.34% +43.26% +481.94% +61.49%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 2,186,264 2,153,362 2,248,876 1,368,837 720,620
Total Assets Growth +1.53% -4.25% +64.29% +89.95% +47.40%
Total Liabilities 1,827,529 1,541,207 1,618,066 720,009 618,873
Total Liabilities Growth +18.58% -4.75% +124.73% +16.34% +24.08%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 269,381 229,540 41,586 87,065 51,605
Operating Cash Flow Growth +17.36% +451.96% -52.24% +68.71% +92.48%
Net Cash Flow -34,557 11,769 -85,530 180,647 43,549
Change in Net Cash Flow -393.63% +113.76% -147.35% +314.81% +249.71%
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