ModSys International is a provider of value-driven legacy modernization solutions that enable companies to leverage their IT assets for increased business value and improved competitive advantage. The Company offers customers a comprehensive suite of automated tools, services, and domain expertise, from mainframe optimization and IT global assessment, to automated database and application migration, rehosting, and post-modernization services.
TypePublic
HQDallas, US
Founded1987
Size (employees)66 (est)
Websitemodernsystems.com
ModSys International was founded in 1987 and is headquartered in Dallas, US
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ModSys International Office Locations

ModSys International has offices in Dallas, Rimini, Herzliya, Macquarie Park and in 2 other locations
Dallas, (HQ)
6600 Lyndon B Johnson Fwy Ste 210
Dallas,
210 6600 Lyndon B Johnson Fwy
Macquarie Park,
1 64 Talavera Rd
Rimini,
33 Via Alessandro Gambalunga
București,
3 Strada Sublocotenent Dima Cristescu
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ModSys International Financials and Metrics

ModSys International Revenue

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ModSys International's revenue was reported to be $10.98 m in FY, 2016
USD

Revenue (FY, 2016)

11.0m

Gross profit (FY, 2016)

6.1m

Gross profit margin (FY, 2016), %

55.8%

Net income (FY, 2016)

(13.0m)

EBIT (FY, 2016)

(12.7m)

Market capitalization (2-May-2017)

13.6m

Cash (31-Dec-2016)

410.0k
ModSys International's current market capitalization is $13.6 m.
Annual
USDFY, 2013FY, 2015FY, 2016

Revenue

8.5m9.8m11.0m

Cost of goods sold

4.5m6.0m4.9m

Gross profit

4.0m3.8m6.1m

Gross profit Margin, %

47%38%56%
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015

Revenue

1.9m1.9m1.6m3.3m2.1m

Cost of goods sold

982.0k1.0m1.0m1.7m1.3m

Gross profit

889.0k852.0k552.0k1.7m732.0k

Gross profit Margin, %

48%45%35%50%36%
Annual
USDFY, 2013FY, 2015FY, 2016

Cash

2.6m1.5m410.0k

Accounts Receivable

2.0m2.0m2.3m

Current Assets

4.8m3.6m3.2m

PP&E

287.0k246.0k33.0k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015

Cash

871.0k387.0k223.0k760.0k697.0k

Accounts Receivable

2.5m2.4m2.4m3.2m2.4m

Current Assets

3.7m3.1m2.9m4.3m3.3m

PP&E

288.0k274.0k261.0k275.0k255.0k
Annual
USDFY, 2013FY, 2015FY, 2016

Net Income

(3.8m)(6.1m)(13.0m)

Depreciation and Amortization

432.0k1.0m866.0k

Cash From Operating Activities

(2.8m)(1.4m)(831.0k)

Purchases of PP&E

(19.0k)(11.0k)(21.0k)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015

Net Income

(848.0k)(848.0k)(115.0k)(1.2m)

Depreciation and Amortization

38.0k16.0k18.0k275.0k277.0k

Cash From Operating Activities

(1.7m)(482.0k)(682.0k)(629.0k)(326.0k)

Purchases of PP&E

(39.0k)(2.0k)(5.0k)(3.0k)
USDY, 2016

Financial Leverage

1.4 x
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ModSys International Online and Social Media Presence

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ModSys International Blogs

A recap of our week spent at Amazon Web Services (AWS) re:Invent 2018

The sheer volume of announcements coming from AWS re:Invent last week was staggering. There were a couple of key points articulated by the AWS leadership team […]

How to Avoid the Top Pitfalls of Legacy Modernization Projects

Whether you’re planning to stay on the mainframe, or migrate off to a distributed platform – Legacy modernization is all about managing risk.  We’ve outlined the […]

How to Avoid Legacy Modernization Tales from the Crypt

It’s less than 24 hours before Halloween, and as the big day draws closer, here at Modern Systems, we can’t help thinking about how so many […]

A Great Week at Oracle OpenWorld 2018

Modern Systems came together this week in San Francisco with thousands of other global organizations at Oracle OpenWorld 2018 to discuss everything from AI to blockchain […]

Three Essentials for Reducing Risk When Migrating from COBOL to Java

Whether migrating management support systems, operations infrastructure or reporting applications, the COBOL to Java modernization process can be highly complex, expensive and time consuming. Here are […]

Key Takeaways from the 34th ICSME Conference Madrid 2018

Last week we enjoyed collaborating with students, academics, peers and customers at the 34th ICSME 2018 Conference in Madrid, Spain. Here are our top takeaways from […]
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ModSys International Company Life and Culture

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ModSys International Frequently Asked Questions

  • When was ModSys International founded?

    ModSys International was founded in 1987.

  • How many employees does ModSys International have?

    ModSys International has 66 employees.

  • What is ModSys International revenue?

    Latest ModSys International annual revenue is $11 m.

  • What is ModSys International revenue per employee?

    Latest ModSys International revenue per employee is $166.4 k.

  • Who are ModSys International competitors?

    Competitors of ModSys International include MapuSoft Technologies, McObject and Blazent.

  • Where is ModSys International headquarters?

    ModSys International headquarters is located at 6600 Lyndon B Johnson Fwy Ste 210, Dallas.

  • Where are ModSys International offices?

    ModSys International has offices in Dallas, Rimini, Herzliya, Macquarie Park and in 2 other locations.

  • How many offices does ModSys International have?

    ModSys International has 7 offices.