Canadian Technology Stocks and Startups
Amaya Gaming (TSXV:AYA) announced its fiscal 2011 results today. Revenue, which came in at $18.37-million was more than triple 2010′s $6.04-million top line. The Point Claire, Quebec company couldn’t manage to stay out of the red, though, posting a loss of $1.92-million or six cents a share. CEO David Baazov said he expects the growth [...]
In a deal that will see beleaguered gaming company Chartwell Technologies (TSX:CWH) delist from the TSX, Pointe-Claire Quebec’s Amaya Gaming (TSXV:AYA) has agreed to purchase the Calgary based company for just under $23 million. Chartwell, which makes Internet-based casino games, has struggled of late. The company’s revenue was almost halved between fiscal 2007 and 2010, [...]
On September 26th, 2008 Cantech Letter began profiling Canadian technology stocks in a now regular feature we call Quant Snapshots. Quant Snapshots give our readers the ability to easily compare stocks in terms of basic value metrics such as price to sales and cash to market capitalization. During that time we began to gather those [...]
Some of them are in out of favor sectors. Some are perpetual money losers. Others are simply flying under the radar. Whatever the circumstance, the Canadian tech stocks listed below have gobs of cash when compared to their market caps. We look at the top fifteen.
