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Agent Information Software (AIFS), the parent company of Auto-Graphics, has announced its second quarter 2021 financial results. AIFS reported a net income of $218,399, reflecting an increase of $60,000 compared to the same period in 2020. The earnings per share (EPS) stood at $0.05 with a weighted average of 4,494,577 shares outstanding. Despite minimal year-to-date sales change, AIFS maintains a positive outlook with strong cash flow projections for the second half of 2021. Auto-Graphics continues to adapt its services to support libraries during the COVID-19 pandemic.
Agent Information Software (OTC: AIFS) announced a cash dividend of $0.035 per share, payable on June 30, 2021, to shareholders of record as of June 17, 2021. The company reported a net income increase for the first quarter of 2021 compared to 2020, driven by growth in its SHAREit resource sharing product and the addition of new customers through VERSO and MONTAGE. Established in 1950, Agent Information Software focuses on innovative data management solutions and serves over 11,000 libraries across North America.
RANCHO CUCAMONGA, Calif., June 09, 2021 (GLOBE NEWSWIRE) -- AGent Information Software (AIFS) announced a first-quarter net income of $120,398, increasing by $40,000 from the previous year. Recurring revenue reached $1,290,874, solely from its library division after terminating its publishing business. Earnings per share were $0.03 with a weighted average of 4,484,577 shares outstanding. The company is enhancing its product offerings by hiring new developers to better serve libraries in the ongoing COVID-19 pandemic.
AGent Information Software (AIFS) reported its 2020 year-end financials, showing resilience during the COVID-19 pandemic. The company achieved a net income of $408,667 with an EBITDA margin of 21%. Its recurring revenue grew from $5,030,056 in 2019 to $5,222,595 in 2020. AIFS reported EPS of $0.09, with dividends of $0.03 declared. The company’s SHAREit system was chosen by the State Library of Florida, enhancing its leadership in library resource sharing.
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