Sangoma Technologies Corporation (TSX VENTURE:STC), today released highlights of
its unaudited financial results for the quarter ended March 31, 2010.




                                      Q3 2009-2010     Q3 2008-2009   Change
Sales                             $   3.13 million $   2.76 million     +13%
Gross profit                      $   2.33 million $  2.036 million     +15%
Net income before provision for                                             
 taxes                            $   0.69 million $   1.07 million     -35%
Net income                        $   0.42 million $   0.70 million     -40%
EBITDA                            $   1.02 million $   1.23 million     -17%
Net earnings per share (fully                                               
 diluted)                         $          0.014 $          0.022         



The net income comparison was again dominated by a foreign exchange expense/gain
differential between the two comparative quarters. 


Working capital was $9.01 million, 12% higher than at June 30, 2009. Total cash
and equivalents was $7.14 million at the end of the quarter, as compared to
$6.87 million at June 30, 2009.


About Sangoma Technologies Corporation

Sangoma is the premium provider of voice and data connectivity components for
software-based communication applications. Sangoma's data cards, voice cards,
gateways and connectivity software are used in leading PBX, IVR, contact center
and data-communication applications worldwide. The product line represents a
comprehensive toolset for deploying cost-effective, powerful, and flexible
software communication applications.


Founded in 1984, Sangoma Technologies Corporation is publicly traded on the TSX
Venture Exchange (TSX VENTURE:STC). Additional information on Sangoma can be
found at: www.sangoma.com.


Sangoma Technologies (TSXV:STC)
Historical Stock Chart
From Jul 2024 to Aug 2024 Click Here for more Sangoma Technologies Charts.
Sangoma Technologies (TSXV:STC)
Historical Stock Chart
From Aug 2023 to Aug 2024 Click Here for more Sangoma Technologies Charts.