Converge Technology Solutions Corp.

Toronto Stock Exchange CTS.TO

Converge Technology Solutions Corp. Operating Income Margin for the year ending December 31, 2023: 1.72%

Converge Technology Solutions Corp. Operating Income Margin is 1.72% for the year ending December 31, 2023, a -47.45% change year over year. Operating Income Ratio is the proportion of a company's operating income to its net sales, measuring the efficiency of its core business operations in generating profits.

Converge Technology Solutions Corp. Operating Income Margin for the year ending December 31, 2022 was 3.28%, a 4.16% change year over year.
Converge Technology Solutions Corp. Operating Income Margin for the year ending December 31, 2021 was 3.15%, a 22.36% change year over year.
Converge Technology Solutions Corp. Operating Income Margin for the year ending December 31, 2020 was 2.57%, a -0.97% change year over year.
Converge Technology Solutions Corp. Operating Income Margin for the year ending December 31, 2019 was 2.60%, a 499.26% change year over year.

Key data

Date	Operating Income Margin	EBT Margin	Net Income Margin	EBITDA Margin

Toronto Stock Exchange: CTS.TO

Converge Technology Solutions Corp.

CEO	Mr. Shaun Peter Maine
IPO Date	Nov. 13, 2018
Location	Canada
Headquarters	161 Bay Street
Employees	2,700
Sector	Communication Services
Industries Cloud Servers Computers Cybersecurity Defense & Military Enterprise Resource Planning (ERP) Hardware & Electronics Internet of Things (IoT) Software & Operating Systems

Description

Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization. In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions. Further, the company provides hardware for education and public sectors. It serves corporate and government institutions. The company has operations in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.

Key trends

Past 5 years