Company Quick10K Filing
Intelligent Systems
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 9 $235
10-Q 2019-11-01 Quarter: 2019-09-30
10-Q 2019-08-05 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-03-13 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-03-15 Annual: 2017-12-31
10-Q 2017-11-09 Quarter: 2017-09-30
10-Q 2017-08-10 Quarter: 2017-06-30
10-Q 2017-05-09 Quarter: 2017-03-31
10-K 2017-03-17 Annual: 2016-12-31
10-Q 2016-11-14 Quarter: 2016-09-30
10-Q 2016-08-12 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-16 Annual: 2015-12-31
10-Q 2015-11-13 Quarter: 2015-09-30
10-Q 2015-08-14 Quarter: 2015-06-30
10-Q 2015-05-15 Quarter: 2015-03-31
10-K 2015-02-18 Annual: 2014-12-31
10-Q 2014-11-14 Quarter: 2014-09-30
10-Q 2014-08-14 Quarter: 2014-06-30
10-Q 2014-05-15 Quarter: 2014-03-31
10-K 2014-03-17 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-14 Quarter: 2013-06-30
10-Q 2013-05-15 Quarter: 2013-03-31
10-K 2013-03-22 Annual: 2012-12-31
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-15 Quarter: 2012-03-31
10-K 2012-03-22 Annual: 2011-12-31
10-Q 2011-11-14 Quarter: 2011-09-30
10-Q 2011-08-15 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-03-22 Annual: 2010-12-31
10-Q 2010-11-12 Quarter: 2010-09-30
10-Q 2010-08-13 Quarter: 2010-06-30
10-Q 2010-05-14 Quarter: 2010-03-31
10-K 2010-03-23 Annual: 2009-12-31
8-K 2019-11-01 Earnings, Exhibits
8-K 2019-10-22
8-K 2019-08-05 Earnings, Exhibits
8-K 2019-08-01 Officers, Exhibits
8-K 2019-07-23 Earnings, Exhibits
8-K 2019-05-23 Shareholder Vote
8-K 2019-05-03 Earnings, Exhibits
8-K 2019-04-22 Earnings, Exhibits
8-K 2019-03-13 Earnings, Exhibits
8-K 2019-01-22 Officers, Exhibits
8-K 2018-11-08 Earnings, Exhibits
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-05-24 Shareholder Vote
8-K 2018-05-09 Earnings, Exhibits
8-K 2018-05-03 Other Events, Exhibits
8-K 2018-04-01 Enter Agreement
8-K 2018-03-15 Earnings, Exhibits

Intelligent Systems Financials

INS Metrics, Comps, Filings

Annual | Quarterly

Business

Intelligent Systems Corporation, a Georgia corporation, and its predecessor companies have operated since 1973 and its securities have been publicly traded since 1981. In this report, sometimes we use the terms “company”, “us”, “ours”, “we”, “Registrant” and similar words to refer to Intelligent Systems Corporation and subsidiaries. Our executive offices are located at 4355 Shackleford Road, Norcross, Georgia 30093 and our telephone number is (770) 381-2900. Our Internet address is www.intelsys.com. We publish our Securities and Exchange Commission (“SEC”) reports on our website as soon as reasonably practicable after we file them with or furnish them to the SEC, and shareholders may access and download these reports free of charge.

We are primarily engaged in the business of providing technology solutions and processing services to the financial technology and services market, commonly referred to as the FinTech industry. Our FinTech operations are conducted through our wholly owned CoreCard Software, Inc. (“CoreCard”) subsidiary and its affiliate companies in Romania and India, as well as the corporate office which provides significant administrative, human resources and executive management support to CoreCard. We also have two other wholly owned subsidiaries, CoreCard SRL in Romania and ISC Software in India, that perform software development and testing as well as processing operations support for CoreCard.

CoreCard Software, Inc. - We conduct our business primarily through CoreCard. CoreCard SRL and ISC Software in Romania and India, respectively, perform software development, software testing, business analysis, operations and support for CoreCard but have not to date sold products or services directly to third parties. Accordingly, this discussion describes the CoreCard business involving the three entities as a single business unit. CoreCard designs, develops, and markets a comprehensive suite of software solutions to accounts receivable businesses, financial institutions, retailers and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, loyalty programs, and accounts receivable and loan transactions. CoreCard utilizes the same core software solution in its processing operations as it sells to licensees, although licensees typically request a variety of customizations which may or may not deviate from the core software solution offering.


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
Majesco (MJCO) 380,270 1,909% 31.4 5% 148,277 48,837 3,786 72,278 7,172 11,786 370,637
Avid Technology (AVID) 361,334 59% 10.5 -1% 282,101 457,924 418,750 245,067 -4,155 47,488 498,615
ChannelAdvisor (ECOM) 256,027 77% 136.5 -4% 146,049 56,250 130,619 100,821 -5,347 1,516 207,002
Amber Road (AMBR) 244,041 56% -62.1 -10% 105,388 76,641 86,198 48,676 -10,765 -3,980 247,074
eGain (EGAN) 238,033 68% 43.8 6% 73,754 49,447 67,232 45,391 4,168 4,710 206,166
Intelligent Systems (INS) 235,399 61% 20.0 24% 35,912 5,708 25,947 15,775 8,473 10,654 213,524
MMTEC (MTC) 205,920 0% 363 807 0 0 0 0 205,826
Foresight Autonomous (FRSX) 200,542 0% 24,858 1,291 0 0 0 0 197,384
Inspired Entertainment (INSE) 189,536 0% 10.3 -15% 187,700 210,300 126,718 0 -28,287 28,798 297,536
CLPS (CLPS) 182,514 0% 30,945 13,466 0 0 0 0 172,771
Globalscape (GSB) 181,401 84% 12.3 27% 37,222 22,858 37,931 31,854 10,049 13,987 171,530
SharpSpring (SHSP) 133,539 71% -10.5 -33% 36,510 8,086 20,944 14,803 -12,093 -11,196 117,541
MAM Software (MAMS) 131,123 55% 26.8 11% 33,100 16,543 37,264 20,542 3,763 4,885 131,081
Red Violet (RDVT) 126,776 53% -19.6 -20% 41,704 6,453 22,047 11,789 -8,518 -6,152 120,861
Smith Micro Software (SMSI) 108,042 89% 15.9 13% 41,461 11,795 33,163 29,366 5,302 6,377 101,431
Great Elm Capital Group (GEC) 107,750 0% 30.6 -2% 182,726 113,732 51,180 0 -2,838 5,193 158,714
iClick Interactive (ICLK) 94,171 0% 207,258 100,618 0 0 0 0 54,343
Cyren (CYRN) 90,472 60% -9.3 -14% 63,822 40,041 19,366 11,577 -9,149 -9,229 85,805
Intellicheck (IDN) 86,854 88% -23.1 -29% 13,436 1,892 5,207 4,592 -3,882 -3,633 83,793

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash3,1522,3473,4332,62418,05917,72414,02418,919
Accounts Receivable2,5043,0382,4271,7779621,3291,2083,731
Inventory8248821,1061,042
PP&E1,2221,1444,7721,0696367001,2621,513
Assets10,1059,93610,6279,20526,17322,70421,77929,304
Accounts Payable46329447228078301321272
Long-Term Debt
Liabilities4,5742,2991,8214381257582,3263,383
Stockholders' Equity5,5317,6378,8068,76726,04821,94619,45325,921
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue2,5263,5073,71010,9084,1687,0418,45320,100
Cost of Revenue1,5742,4652,2571,8232,5503,9784,1758,524
Gross Profit9521,0421,4539,0851,6183,0634,27811,576
R&D2,6102,4912,6793,2072,8772,7404,3673,353
SG&A5,1415,2314,5714,3222,1772,1471,8432,081
Tax938069653120284
Net Income657-217469-95517,330-1,2494736,244
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating397-2851,535-581-2,066-1,257-2,4676,656
Cash Investing-86-511-438-238-7024,085-1,208-1,900
Cash Financing-684-3,0420111