NYSE$CCRD

CoreCard Corporation · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Intelligent Systems reported a decrease in fourth-quarter revenue but an increase in full-year revenue, with strategic investments made for future growth.

Intelligent Systems reported a 7% decrease in fourth-quarter revenue to $9.6 million but a 5% increase in full-year revenue to $35.9 million. Net income for the quarter was $2.119 million, with earnings per diluted share at $0.24. The company completed crucial infrastructure investments and anticipates top-line growth of 15% to 25% in fiscal year 2021.

  • Q4 revenue decreased by 7% year over year, totaling $9.6 million.
  • Full-year revenue increased by 5% year over year, reaching $35.9 million.
  • Net income for Q4 was $2.119 million, compared to $3.697 million in the prior year quarter.
  • Earnings per diluted share for Q4 were $0.24, down from $0.41 in the prior year quarter.

Headline financials

Total Revenue

$9.62M

Previous: $10.3M-6.6%
EPS (adj)

$0.24

Previous: $0.41-41.5%
Share Repurchases

$1.64M

No prior period
Capital Expenditures

$702K

Previous: $123K+470.7%
Free Cash Flow

$5.08M

Previous: $2.78M+82.5%
Net Income

$2.12M

Previous: $3.7M-42.7%
Operating Income

$2.73M

Previous: $3.98M-31.3%
Gross Profit

$5.61M

Previous: $6.99M-19.7%
Cash & Equivalents

$38M

Previous: $26.4M+43.7%
Total Assets

$57M

Previous: $44.2M+28.9%
Stock-Based Comp

$56K

Previous: $62K-9.7%

Revenue & EPS history

CoreCard · Revenue · Quarterly

$9.62M

Q4 2020-6.6%vs Q4 2019
Beat estimate in 6 of 9 quarters(67%)
ActualEstimate

Revenue by segment

CoreCard · $24.2M total across 3 segments · Q1 2022

  • License Revenue
    $12.5M—
  • Professional Services
    $5.9M—
  • Processing & Maintenance
    $5.8M—

Forward guidance

Intelligent Systems is confident in its ability to leverage the investments made in 2020 to deliver top-line growth of 15% to 25% for the year 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

+3.1%

Avg return

Earnings day

+5.8%

Avg return

5 days after

+18.9%

Avg return

30 days after

60%

37 / 62 earnings

Positive

+37.0%

Q2 2010

Best reaction

-29.6%

Q4 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025———
Q2 2025-1.1%-4.0%-4.9%
Q1 2025+14.2%+39.3%+61.9%
Q4 2024+3.1%-8.6%-7.4%
Q3 2024+11.5%+16.1%+53.0%
Q2 2024+6.1%+1.9%+21.1%
Q1 2024+8.8%+8.1%+17.3%
Q4 2023-10.8%-12.5%-9.1%
Q3 2023-21.1%——
Q2 2023-4.2%——
Q1 2023-4.2%——
Q4 2022-0.9%——
Q3 2022+2.7%——
Q2 2022-0.4%——
Q1 2022+3.4%——
Q4 2021+0.7%——
Q3 2021+1.4%——
Q2 2021+7.3%——
Q1 2021-3.5%——
Q4 2020-19.6%——
Q3 2020-5.9%——
Q2 2020+10.8%——
Q1 2020+3.9%——
Q4 2019+0.7%——
Q3 2019-5.9%——
Q2 2019+1.4%——
Q1 2019+35.5%——
Q4 2018+2.6%——
Q3 2018+22.6%——
Q2 2018+21.2%——
Q1 2018+34.4%——
Q4 2017-6.9%——
Q3 2017-5.2%——
Q2 2017+10.0%——
Q1 2017-2.7%——
Q4 2016-5.1%——
Q3 2016+9.5%——
Q2 2016-6.7%——
Q1 2016-1.1%——
Q4 2015+4.3%——
Q3 2015+2.0%——
Q2 2015+5.1%——
Q1 2015+2.4%——
Q4 2014+0.0%——
Q3 2014+5.8%——
Q2 2014-9.7%——
Q1 2014+4.5%——
Q4 2013-25.4%——
Q3 2013-1.9%——
Q2 2013+9.8%——
Q1 2013-4.4%——
Q4 2012+26.9%——
Q3 2012+1.3%——
Q2 2012+3.2%——
Q1 2011+0.0%——
Q1 2012+1.4%——
Q4 2011-2.0%——
Q3 2011+7.6%——
Q3 2010+7.6%——
Q2 2011+37.0%——
Q2 2010+37.0%——
Q4 2010-29.6%——
Q1 2010+5.9%——

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