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Haivision Systems Inc

Technology CA HAI

10.09CAD
0.15(1.51%)

Last update at 2026-03-10T20:00:00Z

Day Range

9.5110.20
LowHigh

52 Week Range

3.679.11
LowHigh

Fundamentals

  • Previous Close 9.94
  • Market Cap243.10M
  • Volume21235
  • P/E Ratio219.49
  • Dividend Yield-%
  • EBITDA3.60M
  • Revenue TTM137.64M
  • Revenue Per Share TTM4.91
  • Gross Profit TTM 99.80M
  • Diluted EPS TTM-

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Income before tax -2.01855M 4.53M -0.50805M -6.30195M -5.87975M
Minority interest - - - - -
Net income 0.11M 4.70M -1.26538M -6.19244M -8.78292M
Selling general administrative 20.06M 18.47M 21.06M 17.49M 29.49M
Selling and marketing expenses 30.31M 27.33M 30.32M 30.01M 21.20M
Gross profit 91.97M 94.69M 98.58M 86.33M 69.33M
Reconciled depreciation 8.82M 9.71M 9.84M 8.23M 2.74M
Ebit -0.93029M 5.58M 1.23M -2.84041M -5.48718M
Ebitda 7.89M 15.30M 11.07M 5.39M -2.67106M
Depreciation and amortization 8.82M 9.71M 9.84M 8.23M 2.82M
Non operating income net other - - - - -
Operating income 0.53M 5.48M 1.23M -2.84041M -5.48718M
Other operating expenses 137.10M 124.06M 138.63M 128.55M 98.08M
Interest expense 1.09M 1.05M 1.74M 1.13M 0.47M
Tax provision -2.13318M -0.16813M 0.76M -0.10951M 2.90M
Interest income 0.83M 0.95M 1.74M 1.11M 0.39M
Net interest income -0.83282M -0.95057M -1.73765M -1.10852M -0.39258M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -2.13318M -0.16813M 0.76M -0.10951M 2.90M
Total revenue 137.64M 129.54M 139.86M 125.70M 92.59M
Total operating expenses 91.44M 89.21M 97.36M 89.19M 74.81M
Cost of revenue 45.66M 34.85M 41.27M 39.37M 23.27M
Total other income expense net -2.54877M -0.95057M -1.73765M -3.46154M -0.39258M
Discontinued operations - - - - -
Net income from continuing ops 0.11M 4.70M -1.26538M -6.19244M -8.78292M
Net income applicable to common shares 0.11M 4.70M -1.26538M -6.19244M -8.78292M
Preferred stock and other adjustments - - - - -
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Total assets 145.04M 141.32M 144.09M 148.60M 122.48M
Intangible assets 6.51M 11.24M 17.67M 23.50M 17.53M
Earning assets - - - - -
Other current assets 4.15M - - 5.12M 3.23M
Total liab 47.46M 44.52M 49.94M 58.35M 33.56M
Total stockholder equity 97.58M 96.80M 94.15M 90.25M 88.92M
Deferred long term liab - - - - -
Other current liab 10.63M - - 11.13M 17.33M
Common stock 85.93M - - 90.18M 89.79M
Capital stock 85.93M 88.74M 90.90M 90.18M 89.79M
Retained earnings -7.23902M -6.11004M -9.99659M -9.19429M -3.00185M
Other liab - - - 2.59M 1.59M
Good will 47.93M 46.72M 46.22M 44.60M 30.08M
Other assets 9.83M - - 2.78M 4.71M
Cash 17.20M 16.47M 8.29M 5.77M 26.84M
Cash and equivalents - - - - -
Total current liabilities 39.01M 36.00M 38.08M 44.88M 24.38M
Current deferred revenue 13.37M - - 9.25M 7.91M
Net debt -7.21722M - - 19.20M -18.24935M
Short term debt 5.39M - - 14.10M 1.00M
Short long term debt 3.76M 3.38M 5.65M 12.56M -
Short long term debt total 9.98M - - 24.97M 8.59M
Other stockholder equity 11.31M - - 4.56M 2.68M
Property plant equipment 8.22M - - 12.76M 9.77M
Total current assets 60.61M 61.22M 59.61M 61.67M 60.38M
Long term investments - - - - -
Net tangible assets - - - 22.15M 41.31M
Short term investments - - - - -
Net receivables 25.99M 23.84M 26.11M 29.71M 21.48M
Long term debt 1.30M 1.46M 2.10M 2.62M 0.00000M
Inventory 13.28M 14.93M 18.93M 21.06M 8.84M
Accounts payable 9.62M 10.91M 8.84M 10.41M 6.80M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 18.89M - - 4.70M -0.54625M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 8.52M - - 3.30M 2.53M
Deferred long term asset charges - - - - -
Non current assets total 84.43M 80.10M 84.48M 86.93M 62.10M
Capital lease obligations 4.93M 5.43M 8.43M 9.80M 8.59M
Long term debt total 4.59M - - 10.87M 7.59M
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Investments - -2.19950M -3.07254M -25.75666M -20.32318M
Change to liabilities - - - 3.93M -2.52499M
Total cashflows from investing activities -1.74548M -2.19950M -3.07254M -25.75666M -20.32318M
Net borrowings -1.81917M -5.02402M -9.88288M 8.58M -3.07809M
Total cash from financing activities -6.68688M -9.18177M -9.88288M 8.58M 30.23M
Change to operating activities - - - 0.60M -1.60765M
Net income 0.11M 4.70M -1.26538M -6.19244M -8.78292M
Change in cash 0.73M 8.19M 2.51M -21.06561M 11.12M
Begin period cash flow 16.47M 8.29M 5.77M 26.84M 15.72M
End period cash flow 17.20M 16.47M 8.29M 5.77M 26.84M
Total cash from operating activities 8.71M 19.49M 15.25M -5.07918M 2.22M
Issuance of capital stock - - - 0.00000M 34.50M
Depreciation 8.82M 9.71M 9.84M 8.23M 2.74M
Other cashflows from investing activities 0.00000M -0.20423M -1.78076M -24.71457M -19.54657M
Dividends paid - - - 0.00000M 1.53M
Change to inventory 1.65M 4.00M 2.13M -8.63221M -0.30844M
Change to account receivables -3.52494M 2.57M 1.36M -1.60961M -3.40571M
Sale purchase of stock -4.39706M -3.65671M -0.24284M 0.00000M 4.85M
Other cashflows from financing activities -0.47066M -0.50104M -2.12007M 11.17M 0.34M
Change to netincome - - - -1.41180M 16.11M
Capital expenditures 1.75M 2.00M 1.29M 1.04M 0.78M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 1.86M 7.31M 6.12M -5.70929M -7.84679M
Stock based compensation 3.49M 2.29M 2.16M 2.70M 16.83M
Other non cash items -1.43800M -3.43181M -0.06502M -3.23510M -4.95542M
Free cash flow 6.96M 17.49M 14.20M -6.12128M 1.44M

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HAI
Haivision Systems Inc
0.15 1.51% 10.09 - 49.75 1.71 2.49 1.71 29.91
MSFT
Microsoft CDR (CAD Hedged)
-0.29 1.00% 28.71 24.95 24.27 13.95 7.58 9.89 16.05
BB
BlackBerry Ltd
-0.01 0.21% 4.71 92.60 20.88 5.11 2.75 3.67 41.22
CVO
Coveo Solutions Inc
0.20 4.00% 5.20 - 303.03 3.82 4.02 2.09 -48.2939
TC
Tucows Inc.
-2.37 9.81% 21.80 - 29.07 0.84 2.42 1.86 43.80

Reports Covered

Stock Research & News

Profile

Haivision Systems Inc. provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally. The company offers Haivision Command 360, a video wall solution for situational awareness and real-time decision-making in mission-critical environments; Haivision Media Platform that manages, shares, and delivers secure corporate communications, real-time video feeds, and broadcast IPTV; Haivision Play Pro, a free app for securely playing or streaming live SRT feeds from anywhere over the internet; Haivision Play Set-Top Boxes, a high quality viewing solution; Makito X H.264 that encodes high quality video at low latency with secure and reliable SRT streaming; Haivision StreamHub that receives, decodes, and distributes live video streams from any Haivision mobile transmitter; Haivision SRT Gateway, a broadcast solution for secure routing of live video streams across different types of IP networks; and SRT Open Source Protocol that delivers secure, high quality, and low latency video across the public internet. It provides intelligence, surveillance, reconnaissance (ISR) video solutions, including Makito X4, a low latency encoder for live broadcast and mission-critical video; Kraken, a video transcoder for mission-critical applications; Makito X4 Rugged, a video encoder for military-grade video encoding appliance; Haivision Play ISR, a free software application designed for defense and ISR; Makito X1 Rugged, a low latency for ISR and situational awareness video encoder; Makito FX, a real-time encoding for mission-critical video; and Haivision EMS, an element management system for centrally managing and monitoring encoders and decoders. The company was formerly known as Hajtek Vision Inc. and changed its name to Haivision Systems Inc. in June 2004. Haivision Systems Inc. was incorporated in 2004 and is headquartered in Montreal, Canada.

Haivision Systems Inc

2600 Blvd. Alfred-Nobel, Montreal, QC, Canada, H4S 0A9

Key Executives

Name Title Year Born
Mr. Miroslav Wicha Chairman, Pres & CEO NA
Mr. Dan Rabinowitz CFO, Sec. & EVP of Operations NA
Mr. Peter Maag M.B.A. Chief Strategy Officer & Exec. VP of Strategic Partnerships NA
Mr. Leo Bull Sr. VP of Global Accounts NA
Mr. Marcus Schioler B.Sc. VP of Marketing NA
Ms. Jill Ram VP of HR NA
Mr. Jean-Phiippe Demers Sr. VP of Operations NA
Mr. Brian Henry Chief Revenue Officer of MCS NA
Mr. Miguel Serrano Sr. VP of Cloud NA
Mr. Blake Wenzel Sr. VP of Products NA

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