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American Software Company profile

About American Software, Inc.

American Software, Inc. (American Software) develops, markets and supports a portfolio of software and services that delivers enterprise management, supply chain and retail planning solutions to the marketplace. The Company operates through three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting. The SCM segment consists of Logility, Inc. and its subsidiary, Demand Management, Inc. (DMI), both of which provide supply chain and retail planning solutions to trading partners. The ERP segment consist of American Software ERP, which provides business software for manufacturers and distributors, and New Generation Computing, Inc. (NGC), which provides industry-specific business software to both retailers and manufacturers in the apparel, footwear, sewn products and furniture industries. The IT Consulting segment consists of The Proven Method, Inc., an IT staffing and consulting services firm.

Financial summary

BRIEF: For the nine months ended 31 January 2022, American Software, Inc. revenues increased 12% to $92.9M. Net income increased 83% to $9.2M. Revenues reflect Supply Chain Management segment increase of 14% to $75.7M, IT Consulting segment increase of 6% to $15.5M, Other segment increase of 7% to $1.7M. Net income benefited from Supply Chain Management segment income increase of 53% to $19.5M, IT Consulting segment income increase from $292K to $1M.

Equity composition

Common Class A $.10 Par, 01/11, 50M auth., 27,446,874 issd., less 4,348,663 shs. in Treas. @ $23.5M. Insiders control approx 2.67%. Common Class B $.10 Par, 03/11 10M auth., 2,747,086 issd. Insiders own 100%. PO 2/83, 1.7M shares @ $24.00 by Prudential Bache. 7/90, 5/89, 3/87, 3/85 3-for-2 stock splits.