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Computer Modelling Group Ltd. (T:CMG)

Business Focus: Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEDAR
Company Contact
Address: 3710 33 St NW
Tel: N/A
IR: See website
Key People
John B. Zaozirny
Independent Chairman of the Board
Kathy L. Krug
Corporate Secretary
Ryan Nicolas Schneider
President, Chief Executive Officer, Director
Kenneth M. Dedeluk
Vice Chairman of the Board
Kelly A. Tomyn
Interim Chief Financial Officer and Vice President - Finance
Long X. Nghiem
Chief Technology Officer, Vice President - Research and Development
Jason C. Close
Vice President, CoFlow Commercialization
James C. Erdle
Vice President, USA and Latin America
R. David Hicks
Vice President, Eastern Hemisphere
Anjani Kumar
Vice President - Engineering Solutions
Business Overview
Computer Modelling Group Ltd. (CMG) is a Canada-based computer software technology company serving the oil and gas industry. The Company operates through the development and licensing of reservoir simulation software segment. The Company is a supplier of process reservoir modelling software with a blue chip customer base of international oil companies and technology centers in approximately 60 countries. The Company also provides professional services consisting of specialized support, consulting, training and contract research activities. The Company is engaged in the sales and technical support services based in Calgary, Houston, London, Dubai, Bogota and Kuala Lumpur. The Company's subsidiaries include Computer Modelling Group Inc., CMG Venezuela, CMG Middle East FZ LLC and CMG (Europe) Limited.
Financial Overview
For the fiscal year ended 31 March 2021, ComputerModelling Group Ltd. revenues decreased 11% to C$67.4M. Netincome decreased 14% to C$20.2M. Revenues reflect UnitedStates segment decrease of 24% to C$15.6M, Canada segmentdecrease of 9% to C$19.4M. Net income also reflects Netforeign exchange gain decrease from C$1.7M (income) to C$0K, Interest income decrease of 67% to C$374K (income).Dividend per share decreased from C$0.40 to C$0.20.
Employees: 198 as of Mar 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $352.38M as of Mar 31, 2021
Annual revenue (TTM): $67.36M as of Mar 31, 2021
EBITDA (TTM): $29.38M as of Mar 31, 2021
Net annual income (TTM): $20.19M as of Mar 31, 2021
Free cash flow (TTM): $9.98M as of Mar 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 80,286,000 as of Mar 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization