AGent Information Software (AIFS) Publishes 2021 First Quarter Financials
June 09, 2021 17:51 ET | Source: Auto-Graphics, Inc. Auto-Graphics, Inc. Rancho Cucamonga, California, UNITED STATES
RANCHO CUCAMONGA, Calif., June 09, 2021 (GLOBE NEWSWIRE) AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released first quarter 2021 financials today.
AIFS reported a net income of $120,398, a $40,000 increase from the same period in 2020. Continued growth of the recurring revenue base resulted in an increase from 2020 to $1,290,874. This growth is entirely in the company’s library division, as it has terminated their publishing business to focus on their library sector. AIFS reported EPS of $0.03 on weighted average shares outstanding of 4,484,577. Cash flow continued to be strong into the first quarter of 2021.