Computer Modelling Group Ltd. (T:CMG)
Business Focus: Software (NEC)
| Sector: Technology | Industry: Software |
| Company Contact | |
| Address: | 3710 33 St NW CALGARY AB T2L 2M1 |
| Tel: | N/A |
| Website: | https://www.cmgl.ca |
| IR: | See website |
| Key People | ||
| Pramod Jain Chief Executive Officer, Director | Kenneth M. Dedeluk Vice Chairman of the Board | Sandra Balic Chief Financial Officer, Vice President - Finance |
| John Mortimer Chief Technology Officer | Sheldon Harbinson Vice President, Americas | R. David Hicks Vice President, Eastern Hemisphere |
| Anjani Kumar Vice President - Customer Success and Consulting | Long X. Nghiem Vice President - Science and Innovation and Chief Scientist | Kirsten Sklar Corporate Secretary |
| Business Overview |
| Computer Modelling Group Ltd. is a Canada-based global software and consulting company. The Company is engaged in the development and licensing of reservoir simulation and seismic interpretation software. The Company also provides professional services consisting of highly specialized support, consulting, training, and contract research activities. The Company operates through two segments: CMG and BHV. The CMG segment is engaged in the development and licensing of reservoir simulation software. The BHV segment is engaged in the development and licensing of seismic interpretation software. The Company has a diverse customer base of international oil companies in approximately 60 countries. The Company's software includes CMOST, IMEX, GEM, STARS, CoFlow, Builder, Results and WinProp. The Company has sales and technical support services based in Calgary, Houston, London, Dubai, Bogota, and Kuala Lumpur. |
| Financial Overview |
| For the nine months ended 31 December 2023, Computer Modelling Group Ltd. revenues increased 43% to C$76.4M. Net income increased 31% to C$19M. Revenues reflect Eastern Hemisphere segment increase of 53% to C$29.8M, United States segment increase of 79% to C$20.7M. Net income was partially offset by Other General and administrative increase of 37% to C$12.6M (expense), research &developement increase of 18% to C$13.8M (expense). |
| Employees: | 290 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $812.78M as of Dec 31, 2023 |
| Annual revenue (TTM): | $96.65M as of Dec 31, 2023 |
| EBITDA (TTM): | $37.07M as of Dec 31, 2023 |
| Net annual income (TTM): | $24.26M as of Dec 31, 2023 |
| Free cash flow (TTM): | $8.86M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 81,391,687 as of Apr 17, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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