Latest news with #Topicus
Globe and Mail
4 days ago
- Business
- Globe and Mail
Joint Press Release of Constellation Software Inc. and Topicus.com Inc. -- Topicus.com Inc. completes acquisition of Cipal Schaubroeck in Belgium
TORONTO, June 02, 2025 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX: CSU) and Inc. (TSXV: TOI) today announced that Topicus' subsidiary Total Specific Solutions (TSS) B.V. ('TSS') has completed the sale and transfer of all issued and outstanding shares in the capital of Cipal Schaubroeck NV to TSS. About Inc. is a leading pan-European provider of vertical market software and vertical market platforms to clients in public and private sector markets. Operating and investing in countries and markets across Europe with long-term growth potential, Inc. acquires, builds and manages leading software companies providing specialized, mission-critical and high-impact software solutions that address the particular needs of customers. For further information, contact: Inc. Jamal Baksh, Chief Financial Officer Email: jbaksh@ About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. For further information, contact:
Yahoo
26-05-2025
- Business
- Yahoo
I'd Invest $7,000 in This Single Stock for Generational Wealth
Written by Amy Legate-Wolfe at The Motley Fool Canada When it comes to building wealth that lasts, some stocks simply stand out — not because they're flashy or all over the headlines but because they deliver quiet, consistent performance year after year. If I had $7,000 to invest today and wanted to set it aside for decades, maybe even for future generations, there's one Canadian stock I'd pick: (TSXV:TOI). Topicus isn't your typical growth company. Based in the Netherlands but listed on the TSX Venture Exchange, it specializes in acquiring and growing vertical market software businesses. That means it focuses on software companies that serve very specific industries. Think education, healthcare, public administration, and finance. These are areas where software becomes deeply embedded in operations, leading to high customer retention and recurring revenue. It's the kind of model that quietly compounds wealth over time. Topicus was spun out of Constellation Software in early 2021, and it follows a similar acquisition-focused playbook. But it has a more regional focus, with a growing presence across Europe. Since the spinout, it has been steadily snapping up niche software companies, integrating them into its decentralized structure, and encouraging them to keep growing. That strategy has worked incredibly well for Constellation, and Topicus appears to be on a similar path. Let's look at the numbers. In its most recent earnings report, Topicus posted revenue of €364.9 million for the fourth quarter (Q4) of 2024. That's up 18% from the same quarter a year ago. Net income came in at €56.2 million, a 32% increase from Q4 2023. For the full year, revenue rose 15% to €1.29 billion, and net income jumped 30% to €149.5 million. These numbers show a business that's growing both organically and through acquisitions, with solid control over costs. It's also worth noting that Topicus is very good at converting revenue into cash. In 2024, it generated €347.6 million in cash from operations, up 41% year over year. Free cash flow available to shareholders came in at €177.4 million, up 44% from 2023. That kind of cash generation gives it the flexibility to keep buying great businesses without relying on debt or issuing more shares. What makes Topicus so compelling for long-term investors is how boring and beautiful the business really is. Most of the software companies it owns serve very specific, regulated industries. Their customers rely on them every single day, and switching software providers would be a hassle. That means revenue is sticky, margins are high, and churn is low. It also means that once Topicus buys a company, that company tends to keep paying off for years or often decades. Now, the stock isn't exactly cheap. As of writing, Topicus trades at about $172 per share, giving it a market cap of roughly $13.4 billion. But paying a premium for quality is often worth it when the business compounds value over time. And Topicus has proven it knows how to do that. Its return on invested capital is consistently high, and it's reinvesting that capital in more businesses that meet its strict acquisition criteria. So, why would I put $7,000 into Topicus today? Because it offers the kind of compounding machine that few companies can match. It has a stable cash flow, sticky customers, and a clear path for long-term expansion. It's not trying to reinvent the wheel; it's just steadily adding more spokes to it. And that's exactly the kind of business you want when thinking about building wealth that lasts a generation or more. The post I'd Invest $7,000 in This Single Stock for Generational Wealth appeared first on The Motley Fool Canada. Before you buy stock in Inc., consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Inc. wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $21,345.77!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 24 percentage points since 2013*. See the Top Stocks * Returns as of 4/21/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends The Motley Fool recommends Constellation Software. The Motley Fool has a disclosure policy. 2025
Yahoo
09-04-2025
- Business
- Yahoo
Constellation Software Inc., Topicus.com Inc. and Lumine Group Inc. Announce Annual Meetings
TORONTO, April 09, 2025 (GLOBE NEWSWIRE) -- The Inc. ('Topicus') (TSXV:TOI) annual general meeting of shareholders will be held on Tuesday, May 13, 2025 at 8:00 a.m. EST using a virtual meeting format with proceedings conducted solely via live audio webcast. The Lumine Group Inc. ('Lumine Group') (TSXV:LMN) annual general meeting of shareholders will be held on Tuesday, May 13, 2025 at 8:30 a.m. EST using a virtual meeting format with proceedings conducted solely via live audio webcast. The Constellation Software Inc. ('Constellation' or 'CSI') (TSX:CSU) annual meeting of shareholders will be held on Tuesday, May 13, 2025 at 9:00 a.m. EST using a virtual meeting format, with proceedings conducted solely via live audio webcast. The link for the Topicus meeting is The link for the Lumine Group meeting is The link for the Constellation meeting is Detailed instructions for shareholders about how to participate in each meeting and how to duly appoint a proxyholder, as well as a copy of the Virtual Meeting User Guide, will be provided on the respective CSI, Topicus and Lumine Group websites. To view or participate in any virtual meeting, shareholders will need access to an internet-connected device for the full duration of the meeting. Similar to the Constellation annual shareholder meetings held in prior years, members of the Constellation, Topicus, and Lumine Group senior management team will be participating in a joint question and answer period. The question and answer period will commence at 9:15 a.m. EST, following the formal portion of the Constellation shareholder meeting. Constellation, Lumine Group and Topicus shareholders can join this question and answer period through the following link While we will answer some questions posed during the virtual question and answer period, shareholders will also have the opportunity to pose questions in advance. Shareholders of Constellation, Topicus, and Lumine Group wishing to pose a question in advance can do so at the following link: Questions will be organized thematically, consolidated and then posed at the virtual meeting to the respective management teams. Forward Looking Statements Certain statements herein may be 'forward looking' statements that involve known and unknown risks, uncertainties and other factors that may cause the actual events to be materially different from any future events expressed or implied by such forward looking statements. Words such as 'may', 'will', 'expect', 'believe', 'plan', 'intend', 'should', 'anticipate' and other similar terminology are intended to identify forward looking statements. Such forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future results, and will not necessarily be accurate indications of whether or not such results will be achieved, or when such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. These forward looking statements reflect current assumptions and expectations regarding future events and are made as of the date hereof and Constellation, Topicus, and Lumine Group assume no obligation, except as required by law, to update any forward looking statements to reflect new events or circumstances. About Inc. is a leading pan-European provider of vertical market software and vertical market platforms to clients in public and private sector markets. Operating and investing in countries and markets across Europe with long-term growth potential, acquires, builds and manages leading software companies providing specialized, mission-critical and high-impact software solutions that address the particular needs of customers. For further information, contact: Baksh, Chief Financial OfficerTel: (416) 861-9677jbaksh@ About Lumine Group Inc. Lumine Group acquires, strengthens, and grows vertical market software businesses in the communications and media industry. Learn more at For further information, contact: Lumine Group Nyland, Chief Executive OfficerTel: (437) About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. For further information, contact: Constellation Software Baksh, Chief Financial OfficerTel: (416) 861-9677jbaksh@ Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this in to access your portfolio
Yahoo
07-04-2025
- Business
- Yahoo
Topicus launches composable banking platform Akkuro
Canadian tech firm Topicus has introduced its composable banking platform called Akkuro, to assist financial institutions in enhancing their operations. This platform is said to have been designed to help banks and fintech companies grow, evolve, and deliver improved customer experiences. Akkuro combines the core capabilities of Five Degrees, including the Matrix CRM and Neo Core Banking products. It also incorporates Topicus' own finance solutions such as Fyndoo Lending, alongside other offerings in Mortgages, Pension & Wealth, and Connected Finance. This solution is claimed to address the rising demands of financial institutions seeking flexible, all-encompassing tools. With its composable framework, Akkuro enables the swift creation and deployment of customer-focused financial services. This empowers banks and fin-techs with unprecedented flexibility to keep pace with shifting market trends and customer needs. The platform is designed for seamless interoperability, allowing it to integrate smoothly with existing legacy systems. Additionally, Akkuro's composable structure is specifically engineered to augment and enhance existing infrastructure without causing disruption. This flexibility allows financial institutions to expand their current systems, ensuring a smooth transition to new technologies. Topicus Finance CEO Clint van Haalen said: 'Akkuro allows us to orchestrate the entire banking lifecycle, from investments and core banking to CRM for banks and lending. 'We're merging decades of banking expertise with a relentless drive for innovation, delivering a unified platform that empowers financial institutions to build scalable, intuitive and future-ready solutions.' "Topicus launches composable banking platform Akkuro" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
25-03-2025
- Business
- Yahoo
2 Brilliant Growth Stocks to Buy Now and Hold for the Long Term
Written by Jitendra Parashar at The Motley Fool Canada While the TSX continues to fluctuate in early 2025 due to shifting economic signals and international developments, the long-term fundamental outlook for many growth stocks remains robust. Foolish investors willing to look beyond the short-term market noise and focus on long-term business fundamentals can still find exceptional opportunities. By including Canadian growth stocks with consistent revenue growth and expanding market share in your portfolio, you could get attractive returns on investments in the long run. In this article, I'll break down two such growth stocks that have the potential to deliver solid returns well into the future. (TSXV:TOI) is the first growth stock that deserves a spot on your watchlist. Topicus might not be a household name yet, but it's quietly building a strong reputation in the software sector. This Toronto-based company mainly focuses on vertical market software to provide tailored tech solutions to various industries, including healthcare, education, social services, and finance. As of March 21, Topicus stock trades at $139.05 per share, giving it a market cap of $11.6 billion. While it doesn't currently offer a regular dividend, investors have still been rewarded with decent long-term gains. TOI stock is up around 18% over the past year and has climbed over 62% in the last three years, showing it has some serious staying power. Topicus just wrapped up a strong year in 2024. During the year, the company's revenue rose 15% YoY (year over year) to €1.3 billion, with its net profit jumping 30% to €149.5 million. What's even more impressive is that cash flow from operations surged by 41% last year, and free cash flow available to shareholders shot up by 44%. Moreover, the company's prime focus remains on long-term growth initiatives. Notably, Topicus completed multiple acquisitions in 2024, investing more than €150 million to expand its portfolio. It remains laser-focused on growing through smart acquisitions while continuing to improve its recurring revenue streams. For patient investors looking to ride long-term tech-driven growth, this Canadian growth stock checks a lot of boxes. That brings us to Kinaxis (TSX:KXS), another top-growth stock that fits the bill perfectly. This Ottawa-based tech firm helps some of the world's biggest companies manage their supply chains with more speed and accuracy. Through its artificial intelligence (AI)-powered platform, Kinaxis makes it easier for businesses to plan, predict, and respond to disruptions. Currently, KXS stock trades at $159.84 per share with a market cap of about $4.5 billion. In 2024, the tech firm's total revenue rose 13% YoY to US$483 million due mainly to strong demand for its cloud-based software-as-a-service offerings, which alone saw 17% growth. More importantly, Kinaxis registered a solid 47.5% YoY increase in its adjusted annual earnings to US$2.36 per share with the help of better operating efficiency and increased scale. What really stands out is Kinaxis's ability to win new customers across the globe, including big-name brands, while also expanding business with existing clients. In addition, its growing investments in generative AI features and a healthy backlog of contracted revenue make it a company that's not just performing well today but is clearly built for the long term. The post 2 Brilliant Growth Stocks to Buy Now and Hold for the Long Term appeared first on The Motley Fool Canada. Before you buy stock in Kinaxis, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Kinaxis wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $20,697.16!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 29 percentage points since 2013*. See the Top Stocks * Returns as of 3/20/25 More reading Best Canadian Stocks to Buy in 2025 Here's Exactly How $15,000 in a TFSA Could Grow Into $200,000 4 Secrets of TFSA Millionaires Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has positions in Kinaxis. The Motley Fool has positions in and recommends The Motley Fool recommends Kinaxis. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
