OverviewSuggest Edit

SofTech, Inc. is a proven provider of product lifecycle management (PLM) solutions and its computer-aided design and manufacturing (CAD/CAM) products. SofTech's solutions accelerate products and profitability by fostering innovation, extended enterprise collaboration, product quality improvements, and compressed time-to-market cycles. SofTech excels in its sensible approach to delivering enterprise PLM solutions, with comprehensive out-of-the-box capabilities, to meet the needs of manufacturers of all sizes quickly and cost-effectively.
TypePublic
Founded1969
HQLowell, MA, US
Websitesoftech.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Feb 2019)25
Revenue (FY, 2016)$4.2 M(+6%)
Share Price (Jan 2021)$0.4 (-27%)
Cybersecurity ratingAMore

SofTech Office Locations

SofTech has offices in Lowell and Legnano
Lowell, MA, US (HQ)
Lowell, MA, USA
Legnano, IT
45 Via Ciro Menotti
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SofTech Financials and Metrics

SofTech Revenue

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SofTech's revenue was reported to be $4.18 m in FY, 2016 which is a 5.9% increase from the previous period.
USD

Revenue (Q2, 2017)

637.0k

Gross profit (Q2, 2017)

402.0k

Gross profit margin (Q2, 2017), %

63.1%

Net income (Q2, 2017)

2.6m

EBIT (Q2, 2017)

2.6m

Market capitalization (15-Jan-2021)

105.5k

Closing stock price (15-Jan-2021)

0.4

Cash (30-Nov-2016)

345.0k

EV

(215.5k)
SofTech's current market capitalization is $105.5 k.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.4k6.4k5.0m3.9m4.2m

Revenue growth, %

(21%)6%

Cost of goods sold

1.4k1.4k1.6m1.7m1.5m

Gross profit

5.0k5.0k3.4m2.3m2.7m
Quarterly
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

595.01.2k1.2m310.0k175.0k

Accounts Receivable

757.0895.0666.0k587.0k477.0k

Prepaid Expenses

308.0299.0204.0k315.0k

Current Assets

1.7k2.5k2.8m1.5m989.0k
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

444.0360.0(748.0k)(1.3m)(673.0k)

Depreciation and Amortization

156.0333.0294.0k279.0k74.0k

Inventories

95.0k

Accounts Payable

(664.0)52.0(663.0k)65.0k
USDQ2, 2012

Financial Leverage

5.2 x
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SofTech Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

SofTech Online and Social Media Presence

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SofTech News and Updates

Mantra Softech India Pvt Ltd Wins the 9th CII Design Excellence Awards in the Industrial Design Category

Mantra Softech India Pvt Ltd won the prestigious 9th CII Design Excellence Awards in the category named Industrial Design - Electronics, Computers and Communications Products for the innovative design of the next-generation biometric POS device mTerminal100 at the 19th CII India Design Summit, held …

SofTech Frequently Asked Questions

  • When was SofTech founded?

    SofTech was founded in 1969.

  • How many employees does SofTech have?

    SofTech has 25 employees.

  • What is SofTech revenue?

    Latest SofTech annual revenue is $4.2 m.

  • What is SofTech revenue per employee?

    Latest SofTech revenue per employee is $167 k.

  • Who are SofTech competitors?

    Competitors of SofTech include Navstar, ArdentMC and Quest Software.

  • Where is SofTech headquarters?

    SofTech headquarters is located at Lowell, MA, USA, Lowell.

  • Where are SofTech offices?

    SofTech has offices in Lowell and Legnano.

  • How many offices does SofTech have?

    SofTech has 2 offices.