Company Quick10K Filing
Computer Task Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 14 $57
10-K 2020-03-13 Annual: 2019-12-31
10-Q 2019-11-01 Quarter: 2019-09-27
10-Q 2019-08-09 Quarter: 2019-06-28
10-Q 2019-04-30 Quarter: 2019-03-29
10-K 2019-03-15 Annual: 2018-12-31
10-Q 2018-10-29 Quarter: 2018-09-28
10-Q 2018-07-27 Quarter: 2018-06-29
10-Q 2018-05-04 Quarter: 2018-03-30
10-K 2018-03-14 Annual: 2017-12-31
10-Q 2017-10-26 Quarter: 2017-09-29
10-Q 2017-07-28 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-10-28 Quarter: 2016-09-30
10-Q 2016-07-26 Quarter: 2016-07-01
10-Q 2016-05-11 Quarter: 2016-04-01
10-K 2016-02-23 Annual: 2015-12-31
10-Q 2015-10-28 Quarter: 2015-10-02
10-Q 2015-07-29 Quarter: 2015-07-03
10-Q 2015-04-29 Quarter: 2015-04-03
10-K 2015-02-25 Annual: 2014-12-31
10-Q 2014-10-22 Quarter: 2014-09-26
10-Q 2014-07-23 Quarter: 2014-06-27
10-Q 2014-04-23 Quarter: 2014-03-28
10-K 2014-02-26 Annual: 2013-12-31
10-Q 2013-10-23 Quarter: 2013-09-27
10-Q 2013-07-24 Quarter: 2013-06-28
10-Q 2013-04-26 Quarter: 2013-03-29
10-K 2013-02-22 Annual: 2012-12-31
10-Q 2012-10-26 Quarter: 2012-09-28
10-Q 2012-08-02 Quarter: 2012-06-29
10-Q 2012-04-26 Quarter: 2012-03-30
10-K 2012-02-24 Annual: 2011-12-31
10-Q 2011-10-28 Quarter: 2011-09-30
10-Q 2011-08-02 Quarter: 2011-07-01
10-Q 2011-04-27 Quarter: 2011-04-01
10-K 2011-02-25 Annual: 2010-12-31
10-Q 2010-10-28 Quarter: 2010-10-01
10-Q 2010-08-05 Quarter: 2010-07-02
10-Q 2010-05-04 Quarter: 2010-04-02
10-K 2010-02-25 Annual: 2009-12-31
8-K 2020-03-03 Regulation FD, Exhibits
8-K 2020-02-25 Earnings, Exhibits
8-K 2020-02-11 Other Events, Exhibits
8-K 2020-01-14 Regulation FD, Exhibits
8-K 2019-12-23 Enter Agreement, Exhibits
8-K 2019-12-02 Regulation FD, Exhibits
8-K 2019-10-22
8-K 2019-10-14 Regulation FD, Exhibits
8-K 2019-08-29 Regulation FD, Exhibits
8-K 2019-07-25 Shareholder Vote
8-K 2019-07-23 Earnings, Exhibits
8-K 2019-07-09 Other Events, Exhibits
8-K 2019-06-28 Accountant, Exhibits
8-K 2019-04-18 Earnings, Exhibits
8-K 2019-04-16 Officers, Exhibits
8-K 2019-04-11 Regulation FD, Exhibits
8-K 2019-03-28 Officers, Exhibits
8-K 2019-03-18 Regulation FD, Exhibits
8-K 2019-03-01 Officers, Exhibits
8-K 2019-02-19 Earnings, Exhibits
8-K 2019-02-15 Regulation FD, Exhibits
8-K 2019-02-13 Regulation FD, Exhibits
8-K 2019-02-06 M&A, Regulation FD, Exhibits
8-K 2019-01-03 Enter Agreement, Other Events, Exhibits
8-K 2018-12-19 Officers, Exhibits
8-K 2018-10-18 Earnings, Exhibits
8-K 2018-10-10 Enter Agreement, Exhibits
8-K 2018-10-04 Other Events, Exhibits
8-K 2018-07-26 Shareholder Vote
8-K 2018-07-19 Earnings, Exhibits
8-K 2018-04-19 Earnings, Exhibits
8-K 2018-04-13 Enter Agreement, Exhibits
8-K 2018-04-05 Other Events, Exhibits
8-K 2018-03-20 Other Events, Exhibits
8-K 2018-02-20 Earnings, Exhibits
8-K 2018-02-15 Enter Agreement, M&A, Other Events, Exhibits
8-K 2018-01-25 Regulation FD, Exhibits

Computer Task Group Financials

CTG Metrics, Comps, Filings

Annual | Quarterly

Business

CTG was incorporated in Buffalo, New York on March 11, 1966, and its corporate headquarters are located at 800 Delaware Avenue, Buffalo, New York 14209 (716-882-8000). CTG is an IT solutions and staffing services company with operations in North America, Europe, and India. CTG's employees and billable subcontractors total approximately 4,150 people worldwide. During 2018, the Company had nine operating subsidiaries: Computer Task Group of Canada, Inc., providing services in Canada; Computer Task Group Belgium N.V., CTG ITS S.A., Computer Task Group IT Solutions, S.A., Computer Task Group Luxembourg PSF, Computer Task Group (U.K.) Ltd., CTG Health Solutions N.V., and Soft Company SAS ("Soft Company") each primarily providing services in Europe; and Computer Task Information Technology Private Services Limited, providing services in India. Services provided in North America are primarily performed by the parent corporation, CTG.

The Company primarily operates in one industry segment, providing IT services to its clients. These services include IT solutions and IT and other staffing. With IT solutions services, we generally take responsibility for the deliverables on a project and the services may include high-end consulting. When providing IT and other staffing services, we typically supply personnel to our clients who then, in turn, take their direction from the client's managers. The Company at times provides administrative or warehouse employees to clients to supplement the IT staffing resources we place at those clients.

CTG provides industry-specific IT services and solutions and strategic staffing services that address the business needs and challenges of its clients. The Company primarily serves the following industries: healthcare and life sciences, diversified industrials, financial services, government, technology, and telecommunications. The services provided


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Park City Group (PCYG) 114,695 70% 24.5 6% 53,095 10,222 20,028 14,098 3,114 3,964 97,245
Rumbleon (RMBL) 63,045 6% -2.1 -26% 114,924 88,528 713,678 41,623 -30,150 -23,515 49,651
Innovative Solutions & Support (ISSC) 78,274 56% 24.3 5% 38,557 2,349 17,573 9,896 1,850 2,303 55,857
Realnetworks (RNWK) 60,907 43% -2.8 -12% 176,832 132,899 145,270 63,113 -20,541 -14,903 41,332
GreenPro Capital (GRNQ) 47,063 65% -79.3 -9% 8,648 4,810 3,316 2,150 -775 -583 46,205
Nanthealth (NH) 76,328 57% -0.8 -36% 278,416 324,993 94,633 53,762 -100,136 -82,761 65,866
Computer Task Group (CTG) 68,820 5% 11.1 -2% 152,363 86,135 387,979 17,738 -2,805 5,220 58,127
CSP (CSPI) 55,830 23% -230.0 -1% 59,369 28,941 79,061 18,026 -371 -167 38,415
Mind CTI (MNDO) 45,186 0% 25,978 4,996 0 0 0 0 42,383
Support.com (SPRT) 43,034 26% 5.4 6% 57,229 5,277 50,009 12,825 3,689 3,859 20,938
Innodata (INOD) 32,916 0% 15.3 -3% 52,152 22,749 41,179 0 -1,659 1,538 23,513
Perion Network (PERI) 30,768 0% 256,446 107,665 0 0 0 0 -10,035
Widepoint (WYY) 26,280 17% 14.2 0% 55,783 30,635 73,627 12,625 260 1,349 19,181
Streamline Health Solutions (STRM) 25,363 0% -918.4 -3% 31,551 16,540 15,519 0 -974 -31 28,865
MTech Acquisition (MTEC) 22,301 105.0 0% 58,739 53,739 0 0 129 212 22,294
Net Element (NETE) 22,423 6% -17.6 -21% 23,441 16,577 48,354 2,740 -4,850 -1,681 29,502
Marin Software (MRIN) 17,402 54% -0.9 -26% 45,595 24,717 37,652 20,345 -11,882 -7,715 7,264
iPass (IPAS) 14,270 37% -0.9 -114% 16,173 23,711 44,479 16,497 -18,481 -18,456 16,456
Evolving Systems (EVOL) 10,460 67% -1.4 -36% 23,032 12,835 19,066 12,817 -8,316 -6,911 9,462
TSR (TSRI) 7,652 15% -2.1 -17% 12,109 5,851 61,706 9,505 -2,023 -2,322 4,840

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash22,41440,61446,22740,86210,8019,40711,17012,431
Accounts Receivable67,80170,45967,42267,84371,40371,35568,92081,313
Inventory
PP&E7,9696,9168,2416,7935,4885,8636,9965,656
Assets147,492166,205174,431170,796163,077126,915127,635124,121
Accounts Payable9,53210,1709,5368,8658,2366,9739,42512,387
Long-Term Debt1,225
Liabilities58,68763,42460,58959,83045,36048,09649,01159,893
Stockholders' Equity88,805102,781113,842110,966117,71778,81978,62464,228
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue396,275424,415419,036393,268369,478324,893301,210358,769
Cost of Revenue333,086330,327313,930302,318265,711245,127290,282
Gross Profit91,32988,70979,33867,16059,18256,08368,487
R&D
SG&A64,98166,86763,98262,18656,52355,20052,13966,407
Tax7,1859,2808,6605,8002,2002,1003,2515,086
Net Income11,93816,16515,67910,3506,510-34,638806-2,817
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating8,60521,15618,9916,708-4,6852,0559,230-303
Cash Investing-1,675-1,980-6,709-2,984-1,367-2,593-3,186-12,645
Cash Financing1,020-1,315-7,063-7,750-22,967-497-5,49014,612