Company profile

Ticker
AGYS
Exchange
CEO
Ramesh Srinivasan
Employees
Incorporated in
Location
Fiscal year end
Former names
Pioneer Standard Electronics Inc
SEC CIK
IRS number
340907152

AGYS stock data

(
)

Calendar

22 May 20
10 Jul 20
31 Mar 21

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 39.66M 41.99M 40.72M 38.39M
Net income -26.99M -2.58M -2.92M -1.58M
Diluted EPS -1.16 -0.11 -0.13 -0.07
Net profit margin -68.06% -6.15% -7.17% -4.10%
Operating income -26.94M -2.7M -2.88M -1.54M
Net change in cash 4.75M 2.99M 1.68M -3.54M
Cash on hand 46.65M 41.91M 38.92M 37.23M
Cost of revenue 20M 20.92M 20.51M 18.38M
Annual (USD) Mar 20 Mar 19 Mar 18 Mar 17
Revenue 160.76M 140.84M 127.36M 127.68M
Net income -34.07M -13.16M -8.35M -11.72M
Diluted EPS -1.47 -0.57 -0.37 -0.52
Net profit margin -21.19% -9.35% -6.56% -9.18%
Operating income -34.06M -13.08M -12.08M -11.41M
Net change in cash 5.88M 828K -9.31M -11.35M
Cash on hand 46.65M 40.77M 39.94M 49.26M
Cost of revenue 79.81M 66.96M 62.94M 63.89M

Financial data from Agilysys earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Jun 20 Badger Kyle C Common Stock Payment of exercise Dispose F No 20.13 8,251 166.09K 96,657
1 Jun 20 Badger Kyle C Stock-settled Appreciation Rights Common Stock Option exercise Dispose M No 12.38 11,292 139.79K 0
1 Jun 20 Badger Kyle C Common Stock Option exercise Aquire M No 12.38 11,292 139.79K 104,908
22 May 20 Kaufman Michael A Series A Convertible Preferred Stock Common Stock Buy Aquire P No 20.1676 297,507 6M 297,507
22 May 20 Kaufman Michael A Series A Convertible Preferred Stock Common Stock Buy Aquire P No 20.1676 1,437,950 29M 3,498,408
17 Mar 20 Jones Dana Sue Common Stock Buy Aquire P No 17.77 2,810 49.93K 6,118
17 Mar 20 Keating Melvin L Common Stock Buy Aquire P No 16.74 300 5.02K 31,888
16 Mar 20 Srinivasan Ramesh Common Stock Buy Aquire P No 17.81 10,000 178.1K 175,348
16 Mar 20 Keating Melvin L Common Stock Buy Aquire P No 17.3 200 3.46K 31,588
16 Mar 20 Keating Melvin L Common Stock Buy Aquire P No 17.15 300 5.15K 31,388
95.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 144 135 +6.7%
Opened positions 26 16 +62.5%
Closed positions 17 14 +21.4%
Increased positions 58 57 +1.8%
Reduced positions 37 39 -5.1%
13F shares
Current Prev Q Change
Total value 372.76M 535.57M -30.4%
Total shares 22.32M 21.07M +5.9%
Total puts 0 0
Total calls 65.5K 0 NEW
Total put/call ratio
Largest owners
Shares Value Change
BLK BlackRock 3.04M $50.78M -5.4%
Mak Capital One 2.4M $40.06M 0.0%
Vanguard 1.33M $22.13M +1.2%
Dimensional Fund Advisors 1.31M $21.83M -15.6%
William Blair Investment Management 938.69K $15.68M -5.8%
Snyder Capital Management L P 799.61K $13.35M +12.6%
STT State Street 744.05K $12.43M +8.2%
DB Deutsche Bank 678.62K $11.33M -2.2%
Acadian Asset Management 669.95K $11.19M +10.2%
Renaissance Technologies 660.65K $11.03M +18.0%
Largest transactions
Shares Bought/sold Change
Nine Ten Capital Management 591.11K +502.92K +570.3%
HCSF Management 200K -447.98K -69.1%
Millennium Management 0 -396.68K EXIT
Thrivent Financial For Lutherans 359.24K +343.04K +2117.4%
IVZ Invesco 457.41K +302.89K +196.0%
Dimensional Fund Advisors 1.31M -241.43K -15.6%
BLK BlackRock 3.04M -173.08K -5.4%
Castleark Management 161.85K +161.85K NEW
SAMG Silvercrest Asset Management 399.23K +140.8K +54.5%
G2 Investment Partners Management 248.12K -125.74K -33.6%

Financial report summary

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Risks
  • COVID-19 has adversely impacted our business and may further impact our business, financial results and liquidity for an unknown period of time.
  • Our business is impacted by changes in macroeconomic and/or global conditions.
  • Our business may be adversely impacted by international trade disputes.
  • Our future success will depend on our ability to develop new products, product upgrades and services that achieve market acceptance.
  • If we fail to meet our customers' performance expectations, our reputation may be harmed, and we may be exposed to legal liability.
  • We face extensive competition in the markets in which we operate, and our failure to compete effectively could result in price reductions and/or decreased demand for our products and services.
  • We are subject to laws and regulations governing the protection of personally identifiable information; we are also subject to cyber-attacks. A failure to comply with applicable privacy or data protection laws or the occurrence of a cyber-attack could harm our reputation and have a material adverse effect on our business.
  • Actual or perceived security vulnerabilities in our software products may result in reduced sales or liabilities.
  • We have incurred losses in each of the last several years, and we may continue to incur losses in the future.
  • We may incur goodwill and intangible asset impairment charges that adversely affect our operating results.
  • If we fail to attract, retain and motivate key employees, our business may be harmed.
  • Our international operations have many associated risks.
  • Natural disasters or other catastrophic events affecting our principal facilities could cripple our business.
  • We may not be able to enforce or protect our intellectual property rights.
  • We may be subject to claims of infringement of third-party intellectual property rights.
  • If we fail to maintain our data centers and other systems, the demand for our subscription services and our ability to operate our business efficiently could diminish, which could have a material adverse effect on our business.
  • If we fail to maintain an effective system of internal controls, we may not be able to detect fraud, which could have a material adverse impact on our business.
  • We may have exposure to greater than anticipated tax liabilities.
  • We are subject to litigation, which may be costly.
  • Our dependence on certain strategic partners makes us vulnerable to the extent we rely on them.
  • Our business depends to a significant degree on the hospitality industry and a weakening could adversely affect our business and results of operations.
  • Consolidation in the gaming and other hospitality industries could adversely affect our business.
  • Our stock has been volatile and we expect that it will continue to be volatile.
Management Discussion
  • Net revenue. Total revenue increased $19.9 million, or 14.1%, in fiscal 2020 compared to fiscal 2019. Products revenue increased $5.2 million, or 13.4%, due to increased sales in third-party hardware sales including new customers and expansion with existing customers. Support, maintenance and subscription services revenue increased $8.2 million, or 10.8%, driven by continued growth in subscription-based service revenue, which increased 24.3% in fiscal 2020 compared to fiscal 2019. Professional services revenue increased $6.5 million, or 24.7%, due to ongoing installations and integration of our software solutions for our growing customer base.
  • Gross profit and gross profit margin. Our total gross profit increased $7.1 million, or 9.6%, in fiscal 2020 and total gross profit margin decreased from 52.5% to 50.4%. Products gross profit increased $0.6 million and gross profit margin decreased slightly from 18.4% to 17.6% due to a higher mix of third party hardware and software and due to certain allowances established against revenues earned in March 2020 related to products that have been or could be returned from customer locations closed in response to COVID-19 guidelines. Support, maintenance and subscription services gross profit increased $4.8 million and gross profit margin decreased 195 basis points to 77.0% due to increased costs associated with hosting our customers. Professional services gross profit increased $1.6 million and gross profit margin decreased slightly from 26.9% to 26.5% after we established allowances against revenues earned in March 2020 due to uncertainties related to COVID-19 conditions.
  • Operating expenses, excluding the charges for legal settlements, impairments and restructuring, severance and other charges, increased $5.2 million, or 6.0%, in fiscal 2020 compared with fiscal 2019. As a percent of total revenue, operating expenses have decreased 4.3% in fiscal 2020 compared with fiscal 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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