NYSE$CCRD

CoreCard Corporation · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

CoreCard's strong performance continued, resulting in full-year top-line growth and increased license, professional services, and processing and maintenance revenue.

CoreCard Corporation reported a 36% increase in total revenue for the three-month period ended December 31, 2021, and a 34% increase for the full fiscal year 2021. Income from operations and net income also increased for both the quarter and the full year. The company anticipates continued growth in fiscal 2022.

  • Total revenue increased by 36% in Q4 2021 compared to the same period in 2020.
  • Full year revenue grew by 34% compared to fiscal year 2020.
  • License revenue increased by 63% year-over-year.
  • Earnings per diluted share increased to $0.30 for Q4 2021, compared to $0.24 in the prior year quarter.

Headline financials

Total Revenue

$13M

Previous: $9.62M+35.6%
EPS (adj)

$0.30

Previous: $0.24+25.0%
Capital Expenditures

$2.19M

Previous: $702K+212.3%
Free Cash Flow

$9.88M

Previous: $5.08M+94.5%
Net Income

$2.66M

Previous: $2.12M+25.5%
Operating Income

$3.03M

Previous: $2.73M+10.8%
Gross Profit

$6.24M

Previous: $5.61M+11.1%
Cash & Equivalents

$29.2M

Previous: $38M-23.0%
Total Assets

$58.1M

Previous: $57M+2.0%
Stock-Based Comp

$32K

Previous: $56K-42.9%

Revenue & EPS history

CoreCard · Revenue · Quarterly

$13M

Q4 2021+35.6%vs Q4 2020
Beat estimate in 14 of 15 quarters(93%)
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

CoreCard expects topline growth of 20% to 25% in fiscal 2022.

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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