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NTG Clarity Networks Inc., together with its subsidiaries, provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman. The company offers utility billing solution, trouble ticket management module, and last mile delivery platform for enterprises; network inventory system, workflow management solution, and telecom in a box, as well as NTGapps, which is a digital transformation platform; asset management; and end-to-end business solutions comprising ERP modules of accounting, human resources, customer relationship management, procurement, manufacturing, and project management and tracking. It also provides services, including outsourcing and offshoring, digital transformation, and data migration; systems design and integration, such as solution development, system integration, testing as a service, and SAP; consulting and training; and education and upskilling through NTG Academy. In addition, the company offers outsourced software development solutions. NTG Clarity Networks Inc. was founded in 1992 and is headquartered in Markham, Canada.
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Public disclosure for NTG Clarity Networks Inc. (NCI.V) is limited and its business description, operations and financials are not well documented in widely available sources. Because of the lack of public information, long-term growth drivers and factors that could make the company attractive cannot be assessed reliably from public records.
Primary investment risks include limited disclosure and transparency, extremely low trading liquidity, and elevated execution and financing risk typical of small-cap or micro‑cap issuers.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | 10.62M | 1.71M | 1.25M | 1.37M | -1.63M |
| Net income | 9.81M | 2.32M | 1.25M | 1.37M | -1.63M |
| Selling general administrative | 10.04M | 3.71M | 2.83M | 3.12M | 2.32M |
| Selling and marketing expenses | - | 2.17M | 1.72M | 1.26M | 0.96M |
| Gross profit | 20.85M | 8.64M | 6.72M | 6.59M | 2.23M |
| Reconciled depreciation | 1.01M | 0.51M | 0.44M | 0.24M | 0.04M |
| Ebit | - | 2.43M | 1.81M | 2.03M | -1.00M |
| Ebitda | - | 3.02M | 2.25M | 2.27M | -0.96M |
| Depreciation and amortization | - | 0.59M | 0.44M | 0.24M | 0.04M |
| Operating income | 10.33M | 2.43M | 2.25M | 2.60M | -1.16M |
| Other operating expenses | - | 25.30M | 15.92M | 9.93M | 8.96M |
| Interest expense | 0.44M | 0.26M | 0.32M | 0.21M | 0.27M |
| Tax provision | 0.81M | - | - | - | 0.00M |
| Net interest income | -0.44M | -0.27M | -0.32M | -0.21M | -0.27M |
| Income tax expense | - | -0.61M | 0.40M | 0.26M | 0.32M |
| Total revenue | 56.13M | 27.73M | 17.65M | 11.90M | 7.91M |
| Total operating expenses | 45.80M | 6.21M | 4.99M | 4.62M | 3.28M |
| Cost of revenue | 35.28M | 19.09M | 10.93M | 5.31M | 5.67M |
| Total other income expense net | 0.73M | -0.72M | -0.16M | -0.39M | -0.31M |
| Net income from continuing ops | 9.81M | 2.80M | 1.25M | 1.37M | -1.63M |
| Net income applicable to common shares | - | - | 1.25M | 1.37M | -1.63M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 28.29M | 12.39M | 8.17M | 6.49M | 3.17M |
| Intangible assets | 3.93M | 4.50M | 3.21M | 2.18M | 0.86M |
| Other current assets | -0.05M | 0.13M | 0.02M | 0.06M | 0.06M |
| Total liab | 15.69M | 15.63M | 14.94M | 14.41M | 15.71M |
| Total stockholder equity | 12.60M | -3.24M | -6.78M | -7.92M | -12.54M |
| Other current liab | - | 2.83M | - | 2.23M | 1.49M |
| Common stock | - | 14.74M | - | 13.56M | 10.81M |
| Capital stock | 18.46M | - | 13.61M | 13.56M | 10.81M |
| Retained earnings | -8.92M | -20.47M | -22.18M | -23.43M | -24.80M |
| Other liab | - | - | - | 0.04M | -0.00M |
| Cash | 4.95M | 0.36M | 0.73M | 0.16M | 0.15M |
| Total current liabilities | 9.53M | 8.95M | 8.27M | 7.78M | 8.72M |
| Current deferred revenue | - | 0.00M | - | - | - |
| Net debt | 1.22M | 8.45M | 7.20M | 7.60M | 8.30M |
| Short term debt | - | 2.12M | - | - | - |
| Short long term debt | 0.19M | - | 1.24M | 1.17M | 1.23M |
| Short long term debt total | - | 8.80M | - | - | - |
| Other stockholder equity | - | 2.71M | - | -0.36M | -0.36M |
| Property plant equipment | - | - | - | 0.24M | 0.11M |
| Total current assets | 22.14M | 6.86M | 4.71M | 4.03M | 2.39M |
| Long term investments | 0.00M | - | - | - | - |
| Net tangible assets | - | - | - | -10.14M | -13.44M |
| Short term investments | - | 0.00M | - | - | - |
| Net receivables | 12.58M | 6.37M | 3.16M | 3.75M | 2.12M |
| Long term debt | 5.97M | - | 6.68M | 6.59M | 7.22M |
| Inventory | - | 0.00M | - | - | - |
| Accounts payable | 0.42M | 3.99M | 1.49M | 2.18M | 3.72M |
| Accumulated other comprehensive income | - | -0.22M | - | - | - |
| Non currrent assets other | - | -0.04M | - | - | -0.00M |
| Non current assets total | 6.15M | 5.54M | 3.46M | 2.46M | 1.02M |
| Capital lease obligations | 0.58M | - | 0.04M | 0.11M | 0.00M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | -0.83M | -1.90M | -1.43M | -1.55M | -0.88M |
| Change to liabilities | - | - | - | -0.95M | 0.75M |
| Total cashflows from investing activities | - | - | - | -1.55M | -0.88M |
| Net borrowings | -1.73M | - | - | -0.50M | -0.57M |
| Total cash from financing activities | 2.84M | 0.65M | -0.50M | -0.24M | -0.84M |
| Change to operating activities | - | - | - | -0.23M | 0.74M |
| Net income | 9.81M | 2.32M | 0.79M | 1.36M | -1.10M |
| Change in cash | 4.59M | -0.37M | 0.57M | 0.01M | 0.11M |
| Begin period cash flow | 0.36M | 0.73M | 0.16M | 0.15M | 0.03M |
| End period cash flow | 4.95M | 0.36M | 0.73M | 0.16M | 0.15M |
| Total cash from operating activities | 2.57M | 1.47M | 2.49M | 1.80M | 1.83M |
| Issuance of capital stock | 5.01M | 0.01M | 0.03M | 0.44M | 0.29M |
| Depreciation | 1.01M | 0.59M | 0.44M | 0.24M | 0.04M |
| Other cashflows from investing activities | - | - | - | - | -0.00M |
| Dividends paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change to inventory | - | - | - | -0.23M | 0.74M |
| Change to account receivables | - | -2.55M | -0.13M | -1.63M | 0.46M |
| Other cashflows from financing activities | - | 0.44M | -0.43M | 0.03M | 0.51M |
| Change to netincome | - | - | - | 3.00M | 1.47M |
| Capital expenditures | 0.97M | 2.36M | 1.43M | 1.55M | 0.88M |
| Change in working capital | -9.56M | -1.62M | 0.62M | -2.82M | 1.96M |
| Stock based compensation | 0.97M | 0.10M | 0.33M | 0.81M | 0.00M |
| Other non cash items | 0.44M | 2.95M | 0.32M | 2.20M | 0.93M |
| Free cash flow | 1.61M | -0.90M | 1.06M | 0.25M | 0.95M |
Sector: Technology Industry: Software - Application
|
Stock Name
|
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) |
|---|---|---|---|---|---|---|---|---|
| NCI NTG Clarity Networks Inc. |
-0.02 5.56% |
0.34 | 7.75 | 7.24 | 0.67 | 1.91 | 0.66 | 3.94 |
| LMN Lumine Group Inc. |
1.59 6.03% |
27.95 | 34.92 | 17.21 | 7.37 | 5.04 | 5.24 | 31.17 |
| DDD Metavista3D Inc. |
-0.01 5.26% |
0.18 | - | - | 53.46 | 338.66 | 53.28 | - |
| ARGH Steer Technologies Inc. |
-0.01 1.69% |
0.29 | - | - | 56.26 | 30.56 | 55.13 | -2.86 |
| MHUB Minehub Technologies Inc |
-0.06 14.10% |
0.34 | - | - | 34.11 | 52.92 | 40.16 | -2.50 |
NTG Clarity Networks Inc., together with its subsidiaries, provides network, telecom, IT, and infrastructure solutions to medium and large network service providers in Canada, North America, Iraq, Saudi Arabia, Egypt, and Oman. The company offers utility billing solution, trouble ticket management module, and last mile delivery platform for enterprises; network inventory system, workflow management solution, and telecom in a box, as well as NTGapps, which is a digital transformation platform; asset management; and end-to-end business solutions comprising ERP modules of accounting, human resources, customer relationship management, procurement, manufacturing, and project management and tracking. It also provides services, including outsourcing and offshoring, digital transformation, and data migration; systems design and integration, such as solution development, system integration, testing as a service, and SAP; consulting and training; and education and upskilling through NTG Academy. In addition, the company offers outsourced software development solutions. NTG Clarity Networks Inc. was founded in 1992 and is headquartered in Markham, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Ashraf Zaghloul | Founder, Chairman & CEO | NA |
| Ms. Kristine Lewis | Pres, CFO & Director | NA |
| Mr. Mohamed Fouad | VP of Operations | NA |
| Mr. Yaser Yousef | Chief Technology Officer | NA |
| Mr. Gamal Metwally | Exec. VP | NA |
| Mr. Ashraf Fayed | Sr. VP of Bus. Devel. Operations | NA |
| Mr. Mohamed Gamal | Chief Architect | NA |
| Ms. Kristine Lewis | President, CFO & Director | NA |
| Mr. Mohamed Fouad | Vice President of Operations | NA |
| Mr. Gamal Metwally | Executive Vice President | NA |
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