Haivision Systems Inc. (HAI.TO)
Montreal, QC, CA
Haivision Systems Inc. provides specialized infrastructure solutions on a global scale. Their extensive product portfolio includes the Makito Series, meticulously designed for encoding and decoding 4K/UHD HEVC and H.264 video, enabling low-latency, end-to-end IP streaming essential for live and interactive applications. The KB Series offers a robust software encoder and transcoder, ensuring high-quality video streams up to 4K/UHD. For tactical live video requirements, Kraken functions as a software-based encoder and transcoder, adept at navigating different networks to feed enterprise distribution systems with both high and low latency streams. The Haivision Media Platform is a software solution dedicated to efficient, low-latency live video distribution. Critical command and control environments benefit from the Haivision/CineMassive CineNet software platform, which enhances situational awareness and facilitates real-time decision-making. Managing geographically dispersed edge devices is simplified by the Haivision Element Management System, a cloud-based software that offers a centralized web-based graphical user interface. To securely route live video across various IP networks, they provide the hybrid software Haivision SRT Gateway. Their cloud services also encompass Haivision Hub, for low-latency live media routing over the Microsoft Azure network, and Haivision Connect, a Software-as-a-Service platform for delivering live and on-demand content to video portals and websites. Haivision Connect DVR is a specialized cloud service engineered to connect multi-site religious organizations. Additionally, Haivision developed the SRT Streaming Protocol, optimizing streaming performance even on unpredictable networks. The company also offers solutions for video playback and display, along with general online streaming services. Their diverse clientele spans the broadcast, enterprise, government, house of worship, medical, and military/defense sectors. Incorporated in 2004 as Hajtek Vision Inc., the company adopted its current name, Haivision Systems Inc., in June of that year. Its corporate headquarters are located in Montreal, Canada.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -25.04% | -26.42% | -27.39% | -57.69% | -19.27% | -16.03% | -6.38% | +8.64% | -48.36% | -43.37% | -43.37% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 4 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Software - Infrastructure: +13.7%+6.3% Q2'26: -5.1% (vs Q2'25)
-
EPS growth Software - Infrastructure: +28.7%-97.6% Q2'26: +22.3% (vs Q2'25)
-
FCF margin FCF growth · Software - Infrastructure: +32.2%+6.6% Q2'26: +4.9% (vs Q2'25)
-
EBIT margin Software - Infrastructure: +8.8%-0.7% Q2'26: -9.7% (vs Q2'25)
-
ROIC Software - Infrastructure: +6.6%-1.0% Q2'26: -8.7% (vs Q2'25)
-
Share dilution Software - Infrastructure: +0.0%+0.6% Q2'26: -2.2% (vs Q2'25)
-
Debt / EBITDA Net debt/EBITDA · Software - Infrastructure: -1.06×1.27× Q2'26: -2.63× (vs Q2'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Oct 2020 actual |
Oct 2021 actual |
Oct 2022 actual |
Oct 2023 actual |
Oct 2024 actual |
Oct 2025 actual |
Oct 2026 4 Rev. Ana. 3 EPS Ana. |
Oct 2027 4 Rev. Ana. 3 EPS Ana. |
Oct 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
83.11M
est: 82.07M (+1.3%)
|
92.59M
est: 95.17M (-2.7%)
|
125.70M
est: 122.52M (+2.6%)
|
139.86M
est: 139.43M (+0.3%)
|
129.54M
est: 134.86M (-3.9%)
|
137.64M
est: 133.19M (+3.3%)
|
144.99M
142.36M – 152.10M
+8.9% YoY
|
163.55M
150.80M – 169.38M
+12.8% YoY
|
190.55M
190.55M – 190.55M
+16.5% YoY
|
| EBITDA |
9.90M
est: 5.12M (+93.4%)
|
-2.67M
est: 5.93M (-145.0%)
|
3.06M
est: 7.64M (-60.0%)
|
11.07M
est: 24.93M (-55.6%)
|
15.30M
est: 24.11M (-36.6%)
|
7.89M
est: 23.81M (-66.9%)
|
25.92M
25.45M – 27.19M
+8.9% YoY
|
29.24M
26.96M – 30.28M
+12.8% YoY
|
34.07M
34.07M – 34.07M
+16.5% YoY
|
| EBIT |
8.16M
est: 827.7K (+885.8%)
|
-5.41M
est: 959.8K (-663.8%)
|
-5.18M
est: 1.24M (-518.9%)
|
1.23M
est: 11.43M (-89.2%)
|
5.58M
est: 11.05M (-49.5%)
|
-930.3K
est: 10.92M (-108.5%)
|
11.89M
11.67M – 12.47M
+8.9% YoY
|
13.41M
12.36M – 13.88M
+12.8% YoY
|
15.62M
15.62M – 15.62M
+16.5% YoY
|
| Net Income |
5.80M
|
-8.78M
est: -450.3K (-1,850.6%)
|
-6.19M
est: -5.85M (-5.8%)
|
-1.27M
est: 4.02M (-131.5%)
|
4.70M
est: 5.01M (-6.2%)
|
114.6K
est: -2.23M (+105.1%)
|
3.20M
2.29M – 3.57M
+243.4% YoY
|
12.87M
8.62M – 13.94M
+302.4% YoY
|
24.73M
22.03M – 24.84M
+92.2% YoY
|
| SGA |
31.23M
est: 33.19M (-5.9%)
|
50.69M
est: 38.49M (+31.7%)
|
47.50M
est: 49.55M (-4.1%)
|
51.38M
est: 56.11M (-8.4%)
|
45.80M
est: 54.28M (-15.6%)
|
50.37M
est: 53.60M (-6.0%)
|
58.35M
57.29M – 61.22M
+8.9% YoY
|
65.82M
60.69M – 68.17M
+12.8% YoY
|
76.69M
76.69M – 76.69M
+16.5% YoY
|
| EPS |
0.25
|
-0.31
est: -0.02 (-1,966.7%)
|
-0.21
est: -0.20 (-7.7%)
|
-0.04
est: 0.13 (-132.7%)
|
0.16
est: 0.17 (-4.0%)
|
0.00
est: -0.07 (+105.5%)
|
0.09
0.08 – 0.12
+221.3% YoY
|
0.35
0.29 – 0.46
+291.7% YoY
|
0.78
0.73 – 0.82
+121.3% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-06-11 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-06-10 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-06-09 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-06-08 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-06-05 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-06-04 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-06-03 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-06-02 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-06-01 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-28 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-27 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-26 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-25 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-22 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-21 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-20 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-19 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-15 | B | 3/5 | 4/5 | 3/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-14 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-13 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-12 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-11 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-08 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-07 | B | 3/5 | 5/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-06 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-05 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-04 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-01 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-04-30 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-04-29 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-28 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-27 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-24 | B- | 3/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-23 | B- | 3/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-22 | B- | 3/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-21 | B- | 3/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-20 | B- | 3/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-17 | B- | 3/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-16 | B- | 3/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Dimensional - International Small Cap ETF DFIS | 0.00% | 125.7K | 0.39% |
| 2 | Dimensional - International Core Equity 2 ETF DFIC | 0.00% | 73.0K | 0.22% |
| 3 | Dimensional - International Small Cap Value ETF DISV | 0.00% | 23.5K | 0.42% |
| 4 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 34.3K | 0.28% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Miroslav Wicha | Chairman, President & Chief Executive Officer | 1M | male |
| Dan Rabinowitz | CFO, Secretary & EVP | 897.1K | male |
| Jean-Marc Maurice Andre Racine | Chief Product Officer & EVice President Broadcast | 797.9K | male |
| Peter Maag | Chief Strategy Officer & Executive Vice President of Strategic Partnerships | 510.0K | male |
| Jean-Phiippe Demers | Chief Operating Officer | 403.8K | male |
| Steve Brousseau | Senior Vice President, Customer Success of Customer Success | — | — |
| Jesús Oliva | EVP Mission & Chief Innovation Officer | — | male |
| Marcus Schioler | Vice President of Marketing | — | male |
| Ronan Poullaouec | Senior Vice President Engineering of Broadcast | — | male |
| Brian Henry | President of MCS | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for HAI.TO
Short-term intention
Target Price Distribution
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