American Software was founded in 1970 and is headquartered in Atlanta, US

American Software has an office in Atlanta

Atlanta, US (HQ)

470 East Paces Ferry Rd NE

American Software's revenue was reported to be $26.4 m in Q3, 2017

USD

## Revenue (Q3, 2017) | 26.4 m |

## Gross profit (Q3, 2017) | 14 m |

## Gross profit margin (Q3, 2017), % | 53% |

## Net income (Q3, 2017) | 2.2 m |

## EBIT (Q3, 2017) | 2.5 m |

## Market capitalization (18-Aug-2017) | 275 m |

American Software's current market capitalization is $275 m.

- Source: SEC Filings

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Revenue | 100.6 m | 102.9 m | 113.9 m |

## Revenue growth, % | 2% | 11% | |

## Cost of goods sold | 43.7 m | 50.5 m | 54.2 m |

## Gross profit | 56.9 m | 52.4 m | 59.7 m |

## Gross profit Margin, % | 57% | 51% | 52% |

## Sales and marketing expense | 20.4 m | 18.7 m | 22.2 m |

## R&D expense | 9.1 m | 11.1 m | 11.2 m |

## General and administrative expense | 12.4 m | 12.9 m | 12.4 m |

## Operating expense total | 42.4 m | 43.1 m | 46.1 m |

## EBIT | 14.5 m | 9.3 m | 13.5 m |

## EBIT margin, % | 14% | 9% | 12% |

## Interest income | 935 k | 1.2 m | 1.3 m |

## Pre tax profit | 15.9 m | 10.4 m | 14.7 m |

## Income tax expense | 5.6 m | 2.3 m | 4.5 m |

## Net Income | 10.3 m | 8.1 m | 10.2 m |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 24.9 m | 24.6 m | 25.8 m | 28.9 m | 29.1 m | 27.1 m | 27.4 m | 26.1 m | 26.4 m |

## Cost of goods sold | 11.5 m | 12.5 m | 13 m | 13.5 m | 14.2 m | 13.5 m | 13.6 m | 13.1 m | 12.4 m |

## Gross profit | 13.3 m | 12.1 m | 12.8 m | 15.3 m | 14.9 m | 13.6 m | 13.8 m | 13 m | 14 m |

## Gross profit Margin, % | 54% | 49% | 50% | 53% | 51% | 50% | 50% | 50% | 53% |

## Sales and marketing expense | 4.6 m | 4.6 m | 4.5 m | 5.2 m | 5.5 m | 5.3 m | 5.5 m | 5.2 m | 4.6 m |

## R&D expense | 3.2 m | 2.8 m | 2.6 m | 2.7 m | 2.4 m | 3 m | 3.1 m | 3.2 m | 3.1 m |

## General and administrative expense | 3.2 m | 3.2 m | 3.2 m | 3.4 m | 3.6 m | 2.7 m | 3.5 m | 3.7 m | 3.5 m |

## Operating expense total | 11.1 m | 10.5 m | 10.3 m | 11.4 m | 11.5 m | 11 m | 12.1 m | 12.1 m | 11.2 m |

## EBIT | 2.2 m | 1.4 m | 2.4 m | 3.8 m | 3.3 m | 2.5 m | 1.6 m | 708 k | 2.5 m |

## EBIT margin, % | 9% | 6% | 9% | 13% | 11% | 9% | 6% | 3% | 9% |

## Interest income | 280 k | 279 k | 326 k | 331 k | 326 k | 352 k | 317 k | 278 k | 287 k |

## Pre tax profit | 2.5 m | 1.9 m | 2.3 m | 4.1 m | 3.5 m | ||||

## Income tax expense | 935 k | 693 k | (546 k) | 1.6 m | 1.3 m | 213 k | 618 k | 129 k | 1.2 m |

## Net Income | 1.5 m | 1.2 m | 2.8 m | 2.6 m | 2.2 m | 2.1 m | 1.7 m | 412 k | 2.2 m |

- Source: SEC Filings

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Cash | 55.8 m | 44.7 m | 49 m | |

## Inventories | 4.1 m | 3.7 m | 3.6 m | |

## Current Assets | 93.3 m | 85.6 m | 94.1 m | |

## PP&E | 3.7 m | 3.5 m | 3.4 m | |

## Goodwill | 13.8 m | 18.7 m | 18.7 m | |

## Total Assets | 131.2 m | 134.3 m | 136.7 m | |

## Accounts Payable | 1.4 m | 920 k | 100.8 m | 1.5 m |

## Dividends Payable | 2.8 m | 2.9 m | 2.9 m | |

## Current Liabilities | 34.5 m | 39.3 m | 39.3 m | |

## Total Liabilities | 38.7 m | 41.3 m | 41.8 m | |

## Additional Paid-in Capital | 106.2 m | 110.8 m | 114.2 m | |

## Retained Earnings | 7.4 m | 4.2 m | 2.9 m | |

## Total Equity | 92.6 m | 92.9 m | 94.9 m | |

## Financial Leverage | 1.4 x | 1.4 x | 1.4 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 46.2 m | 40.6 m | 41 m | 46.4 m | 41.5 m | 43 m | 51.8 m | 48.2 m | 55.8 m |

## Current Assets | 80.5 m | 77.6 m | 78.7 m | 86.3 m | 83.7 m | 90.3 m | 93.6 m | 88.9 m | 98.3 m |

## Goodwill | 18.7 m | 18.7 m | 18.7 m | 18.7 m | 18.7 m | 18.7 m | 18.7 m | 19.5 m | 19.5 m |

## Total Assets | 128.7 m | 126.7 m | 128.4 m | 132.5 m | 129.8 m | 134.7 m | 133.4 m | 130.2 m | 137 m |

## Accounts Payable | 745 k | 602 k | 578 k | 974 k | 883 k | 1.2 m | 1.4 m | 1.3 m | 1.3 m |

## Dividends Payable | 2.8 m | 2.8 m | 2.8 m | 2.9 m | 2.9 m | 2.9 m | 3.2 m | 3.2 m | 3.3 m |

## Current Liabilities | 32.6 m | 32.6 m | 35.3 m | 37.4 m | 34.8 m | 38.6 m | 36.2 m | 35.1 m | 40.5 m |

## Additional Paid-in Capital | 106.8 m | 107.7 m | 108.3 m | 111.5 m | 112.4 m | 113.9 m | 116.1 m | 117.2 m | 119.7 m |

## Retained Earnings | 6.1 m | 4.4 m | 4.4 m | 3.9 m | 3.2 m | 2.4 m | 1.4 m | ||

## Total Equity | 91.9 m | 90.3 m | 90.6 m | 93.3 m | 93.4 m | 94.2 m | 95.2 m | 93.6 m | 95.1 m |

## Financial Leverage | 1.4 x | 1.4 x | 1.4 x | 1.4 x | 1.4 x | 1.4 x | 1.4 x | 1.4 x | 1.4 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Net Income | 10.3 m | 8.1 m | 10.2 m | 14.6 m |

## Depreciation and Amortization | 2.6 m | 5.8 m | 5.6 m | 6.6 m |

## Accounts Receivable | (1.6 m) | (400 k) | (945 k) | 1.2 m |

## Accounts Payable | 1.5 m | (1.9 m) | 1.2 m | 1.2 m |

## Cash From Operating Activities | 18.3 m | 10 m | 18.3 m | 19.8 m |

## Purchases of PP&E | (255 k) | (1 m) | (655 k) | |

## Cash From Investing Activities | (4.2 m) | (11.7 m) | (3.9 m) | 4.2 m |

## Dividends Paid | (5.5 m) | (11.3 m) | (11.5 m) | (12.5 m) |

## Cash From Financing Activities | 548 k | (9.5 m) | (10 m) | (7 m) |

## Income Taxes Paid | 4.6 m | 2.6 m | 4.8 m | 2.9 m |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 1.5 m | 1.2 m | 2.8 m | 2.6 m | 2.2 m | 2.1 m | 1.7 m | 412 k | 2.2 m |

## Accounts Payable | 745 k | 602 k | 578 k | 974 k | 883 k | 1.2 m | 1.4 m | 1.3 m | 1.3 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 68.5 k |

American Software's Enterprise Customers was reported to be 1.3 k in FY, 2016. American Software's Customers was reported to be 1.4 k in May, 2017

- Source: SEC Filings