Concurrent Computer was founded in 1966 and is headquartered in Duluth, US

Concurrent Computer has offices in Duluth and Pompano Beach

Duluth, US (HQ)

100 4375 River Green Pkwy

Pompano Beach, US

2881 Gateway Dr

Concurrent Computer's revenue was reported to be $15 m in Q3, 2017

USD

## Revenue (Q3, 2017) | 15 m |

## Gross profit (Q3, 2017) | 8.5 m |

## Gross profit margin (Q3, 2017), % | 57% |

## Net income (Q3, 2017) | (1.7 m) |

## EBIT (Q3, 2017) | (1.6 m) |

## Market capitalization (15-Aug-2017) | 61.5 m |

## Cash (31-Mar-2017) | 15.8 m |

Concurrent Computer's current market capitalization is $61.5 m.

- Source: SEC Filings

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

## Revenue | 71.2 m | 64.5 m | 61.1 m |

## Revenue growth, % | (9%) | (5%) | |

## Cost of goods sold | 20.4 m | 18.8 m | 17.1 m |

## Gross profit | 50.8 m | 45.7 m | 44.1 m |

## Gross profit Margin, % | 71% | 71% | 72% |

## Sales and marketing expense | 15.7 m | ||

## R&D expense | 14.3 m | ||

## General and administrative expense | 8.4 m | ||

## Operating expense total | 35.1 m | 35.4 m | 34.3 m |

## EBIT | 5.3 m | 946 k | 1.9 m |

## EBIT margin, % | 7% | 1% | 3% |

## Interest expense | 42 k | 2 k | |

## Interest income | 27 k | 12 k | 167 k |

## Pre tax profit | 5.1 m | 340 k | 2.8 m |

## Income tax expense | (13.4 m) | 778 k | 13.9 m |

## Net Income | 18.5 m | (345 k) | (11.1 m) |

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

## Revenue | 17.5 m | 16 m | 17.1 m | 13.4 m | 14.9 m | 15.5 m | 13.1 m | 15.5 m | 15 m |

## Cost of goods sold | 7.8 m | 7.2 m | 7 m | 5.5 m | 5.5 m | 7.5 m | 5.9 m | 6.1 m | 6.5 m |

## Gross profit | 9.7 m | 8.8 m | 10.1 m | 7.9 m | 9.4 m | 8 m | 7.2 m | 9.4 m | 8.5 m |

## Gross profit Margin, % | 55% | 55% | 59% | 59% | 63% | 51% | 55% | 61% | 57% |

## Sales and marketing expense | 4 m | 3.5 m | 3.4 m | 3.4 m | 3.8 m | 4.3 m | 4.5 m | 4.4 m | 4 m |

## R&D expense | 3.3 m | 3.4 m | 3.5 m | 3.8 m | 3.8 m | 3.5 m | 3.3 m | 2.8 m | 3.1 m |

## General and administrative expense | 2 m | 2.5 m | 1.7 m | 1.8 m | 2.2 m | 2.2 m | 2.3 m | 2.3 m | 3 m |

## Operating expense total | 9.2 m | 9.4 m | 8.6 m | 9 m | 9.7 m | 9.9 m | 10.1 m | 9.5 m | 10.1 m |

## EBIT | 849 k | (608 k) | 1.5 m | 3 m | (358 k) | (1.9 m) | (2.9 m) | (48 k) | (1.6 m) |

## EBIT margin, % | 5% | (4%) | 9% | 22% | (2%) | (12%) | (22%) | (0%) | (10%) |

## Interest expense | (1 k) | (1 k) | (3 k) | (1 k) | (2 k) | ||||

## Interest income | 4 k | 2 k | 2 k | 3 k | 6 k | 16 k | 27 k | 13 k | 21 k |

## Pre tax profit | 564 k | (694 k) | 1.5 m | 3.1 m | (328 k) | (1.6 m) | (2.8 m) | 15 k | (1.5 m) |

## Income tax expense | 177 k | (123 k) | 679 k | (117 k) | (45 k) | (442 k) | 128 k | 103 k | 142 k |

## Net Income | 387 k | (571 k) | 784 k | 3.2 m | (283 k) | (1.2 m) | (2.9 m) | (88 k) | (1.7 m) |

- Source: SEC Filings

USD | FY, 2010^{} | FY, 2011^{} | FY, 2012^{} | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|---|---|---|

## Cash | 31.4 m | 27.8 m | 29.6 m | 27.9 m | 28.1 m | 25.5 m | 20.3 m |

## Inventories | 804 k | 3.4 m | 3.5 m | ||||

## Current Assets | 45 m | 41.2 m | 39.9 m | ||||

## PP&E | 3.1 m | 2.4 m | 3.1 m | ||||

## Total Assets | 62.4 m | 57.9 m | 45.2 m | ||||

## Accounts Payable | 7.6 m | 6.3 m | 9.2 m | ||||

## Current Liabilities | 15 m | 14.7 m | 17.3 m | ||||

## Additional Paid-in Capital | 209.7 m | 210.5 m | 211 m | ||||

## Retained Earnings | (169 m) | (173.8 m) | (189.3 m) | ||||

## Total Equity | 40.5 m | 36.6 m | 21 m | ||||

## Financial Leverage | 1.5 x | 1.6 x | 2.2 x |

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

## Cash | 26.2 m | 25.1 m | 26.8 m | 24.5 m | 21.3 m | 18.7 m | 19.3 m | 18.8 m | 15.8 m |

## Inventories | 3.1 m | 2.3 m | 3.9 m | 3 m | 3.2 m | 3.4 m | 2.7 m | 2 m | 2.9 m |

## Current Assets | 44.5 m | 41.1 m | 45.3 m | 40.8 m | 39.7 m | 40.1 m | 33.8 m | 29.9 m | 31.9 m |

## PP&E | 3.1 m | 2.4 m | 2.4 m | 2.8 m | 2.7 m | 2.8 m | 3.1 m | 2.8 m | 2.3 m |

## Total Assets | 61.9 m | 58.7 m | 62.3 m | 58.2 m | 57.1 m | 58.1 m | 39.2 m | 34.8 m | 36.3 m |

## Accounts Payable | 6.6 m | 6 m | 7.1 m | 6.2 m | 6.7 m | 9.2 m | 7.4 m | 5.9 m | 9.9 m |

## Current Liabilities | 15.1 m | 13 m | 17.1 m | 13 m | 13.2 m | 16.2 m | 15.4 m | 12.5 m | 16.6 m |

## Additional Paid-in Capital | 209.9 m | 210.1 m | 210.4 m | 210.4 m | 210.6 m | 210.8 m | 211.2 m | 211.5 m | 211.7 m |

## Retained Earnings | (169.7 m) | (171.4 m) | (171.7 m) | (171.5 m) | (172.9 m) | (175.3 m) | (193.4 m) | (194.6 m) | (197.4 m) |

## Total Equity | 40.2 m | 38.6 m | 38.7 m | 38.7 m | 37.5 m | 35.3 m | 17.1 m | 16 m | 13.4 m |

## Financial Leverage | 1.5 x | 1.5 x | 1.6 x | 1.5 x | 1.5 x | 1.6 x | 2.3 x | 2.2 x | 2.7 x |

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

## Net Income | 18.5 m | (345 k) | (11.1 m) |

## Depreciation and Amortization | 2.3 m | 1.8 m | 1.7 m |

## Accounts Receivable | (674 k) | 432 k | (4.8 m) |

## Inventories | (461 k) | (336 k) | (43 k) |

## Accounts Payable | (979 k) | 2.5 m | |

## Cash From Operating Activities | 6.8 m | 3.5 m | (2.2 m) |

## Purchases of PP&E | (1.9 m) | (1.9 m) | (2.3 m) |

## Cash From Investing Activities | (1.9 m) | (1.3 m) | 1.2 m |

## Dividends Paid | (4.5 m) | (4.5 m) | (4.5 m) |

## Cash From Financing Activities | (4.6 m) | (4.5 m) | (4.5 m) |

## Interest Paid | 25 k | 7 k | 3 k |

## Income Taxes Paid | (90 k) | 574 k | 511 k |

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

## Net Income | 387 k | (571 k) | 784 k | 3.2 m | (283 k) | (1.2 m) | (2.9 m) | (88 k) | (1.7 m) |

## Inventories | 3.1 m | 2.3 m | 3.9 m | 3 m | 3.2 m | 3.4 m | 2.7 m | 2 m | 2.9 m |

## Accounts Payable | 6.6 m | 6 m | 7.1 m | 6.2 m | 6.7 m | 9.2 m | 7.4 m | 5.9 m | 9.9 m |

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

## Revenue/Employee | 63.5 k |

## Financial Leverage | 2.7 x |

Concurrent Computer's Patent Applications was reported to be 29 in FY, 2016

- Source: SEC Filings

Source: 22 public H-1B filings from Concurrent Computer

July 15, 2016

* Julian Singer Plans to continue to engage, in discussions
with concurrent computer management and board regarding board
representation - sec filing