Ecosynthetix soars on improved bottom line

Prime Minister Stephen Harper visits Ecosynthetix's Burlington facility on December 2nd, 2011.

Shares of Burlington-based Ecosynthetix (TSX:ECO) are soaring today after its 2012 numbers showed the company may be nearing profitability. The company reported that net sales for the fourth quarter were up 59% to $5.9 million, from $3.7 million in Q4 2011. For fiscal 2012, net sales were $19.6 million, down slightly from fiscal 2011′s $20.8 [...]

Recent IPOs top Deloitte list of Canada’s Fastest Growing Techs

Avigilon CEO Alex Fernandes. Shares of the company have more than doubled since it IPO'd last year.

Deloitte today released its 15th annual Technology Fast 50 list. The list counts down Canada’s fastest growing technology companies. The number of public companies on the list, which was a high as 38 of the 50 in 2005, fell to eleven last year and has remained steady there this year. Software remains the largest sector, [...]

MOSAID, Cantech Letter’s 2011 Canadian Tech Stock of the Year

John Lindgren, President and CEO of MOSAID, Cantech Letter's 2011 Canadian Tech Stock of the Year.

We have a winner. A panel of five judges; Tom Liston, Director of Research for Versant Partners, Barry Richards, Managing Director of Research for Paradigm Capital, Tom Astle, Managing Director, Research Technology for Byron Capital, Byron Berry, Equity Research Strategist Byron Capital, Ron Shuttleworth, Technology Analyst, M Partners and the readers of Cantech Letter have [...]

Open Text: Billion Dollar Company Number Two for Canada’s Silicon Valley

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This past summer, the country’s largest tech company, Research in Motion, laid off 2,000 people, more than ten per cent of its total workforce. For most towns, this would have had a major impact. But in the Kitchener-Waterloo “Tech Triangle”, Canada’s answer to Silicon Valley, it was mere blip. The tech sector infrastructure is maturing [...]

Recent IPO Avigilon Sharpens its Focus

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It didn’t take long for investors to find out whether Avigilon’s (TSX:AVO) momentum as a private company would continue as a public one. On Monday, less than a week after the Vancouver based maker of high-definition surveillance cameras and equipment began trading, the company released its Q3 2011 results. The numbers reveal a company showing [...]

Toronto’s 10 Largest Tech Stocks

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Waterloo gets all the action and Ottawa gets a lot of the credit, but underneath the hustle and bustle that is now, based on employment, North America’s the third largest financial services center after New York and Chicago, Toronto has tech too. And not only does Toronto boast names that have been around since the [...]

Five TSX Techs Trading at or near 52 week Highs

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September has always had that “back to school” feeling in the capital markets as, for better or worse, share volume begins to return after fund managers, bankers and individual investors alike return from the lake, looking to pay for those summer vacations and school supplies. While it may be too early for any particular sector [...]