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Last C$0.30 CAD
Change Today +0.04 / 15.38%
Volume 32.2K
As of 3:59 PM 11/26/15 All times are local (Market data is delayed by at least 15 minutes).

symbility solutions inc (SY) Snapshot

Previous Close
Day High
Day Low
52 Week High
12/8/14 - C$0.43
52 Week Low
08/19/15 - C$0.24
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for SYMBILITY SOLUTIONS INC (SY)

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symbility solutions inc (SY) Details

Symbility Solutions Inc. provides cloud-based and smartphone/tablet-enabled claims technology solutions for the property and casualty, and health insurance industries in Canada, the United States, and internationally. The company operates in two segments, Symbility Property and Symbility Health. Its solutions for property and casualty insurance industry include Symbility Mobile Claims, a field estimating solution to enhance adjuster and third-party contractor productivity; Symbility Claims Connect, a robust workflow management solution that enables end-to-end collaboration across the claims processing environment, and analysis of claims processing performance metrics; and Symbility Reporting/Analytics Services consists of analytics and change management services. The company also provides Adjudicare, a software-as-a-service solution used by a network of employee benefits brokers, third-party administrator partners, and plan members and sponsors in the adjudication of health and dental claims; UnionPro, a Web-based hour banking product, which provides unions a solution to track their members’ hour banking, benefit plan eligibility, and contribution data; and Symbility Health Claims Connect, a cloud-based workflow management tool that opens the lines of communication between third-party administrators, plan sponsors, plan members, and insurance carriers. In addition, it offers Symbility Health Mobile Claims, an application for benefit plan data and management, designed to run on personal computers and handheld devices; Symbility Health’s BenefitsXchange, a customized secure provider portal that offers access for service providers through configured user accounts; and member and plan administrator portals. The company was formerly known as Automated Benefits Corp. and changed its name to Symbility Solutions Inc. in September 2012. Symbility Solutions Inc. was incorporated in 1999 and is headquartered in Toronto, Canada.

150 Employees
Last Reported Date: 11/16/15
Founded in 1999

symbility solutions inc (SY) Top Compensated Officers

Chief Executive Officer, President, Non-Indep...
Total Annual Compensation: C$261.3K
Founder and Chief Technology Officer
Total Annual Compensation: C$200.0K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$200.0K
Total Annual Compensation: C$225.0K
Executive Vice President of Global Sales & Ma...
Total Annual Compensation: C$175.0K
Compensation as of Fiscal Year 2014.

symbility solutions inc (SY) Key Developments

tripleSAN GmbH Deploys Symbility Solutions Inc.'s Symbility Claims Connect

Symbility Solutions Inc. announced a new contract with tripleSAN GmbH. The multiyear contract will see tripleSAN implement Symbility Claims Connect, a collaborative property and casualty claims workflow management solution software that will streamline the claims estimating process by reducing cycle time and increasing accuracy in all aspects of the claims handling process and, Symbility Mobile Claims, the most intuitive mobile-enabled field estimating solution in enhancing adjuster and third-party contractor productivity.

Symbility Solutions Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Symbility Solutions Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported revenue of CAD 7,787,000 against CAD 6,608,000 a year ago. Loss before finance costs (income), net and income tax expense was CAD 840,000 against CAD 287,000 a year ago. Net loss and comprehensive loss for the period was CAD 864,000 against CAD 259,000 a year ago. Adjusted EBITDA was CAD 512,000 against CAD 259,000 a year ago. For the nine months, the company reported revenue of CAD 18,462,000 against CAD 20,856,000 a year ago. Loss before finance costs (income), net and income tax expense was CAD 5,183,000 against CAD 1,163,000 a year ago. Net loss and comprehensive loss for the period was CAD 5,187,000 against CAD 1,058,000 a year ago. Adjusted EBITDA was CAD 1,162,000 against CAD 2,013,000 a year ago. Basic and diluted loss and comprehensive loss per share was CAD 0.02 compared to CAD 0.01 a year ago.

Symbility Solutions Inc. to Report Q3, 2015 Results on Nov 16, 2015

Symbility Solutions Inc. announced that they will report Q3, 2015 results at 9:00 AM, Eastern Standard Time on Nov 16, 2015


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