{"id":473361,"date":"2021-04-07T21:32:10","date_gmt":"2021-04-08T01:32:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473361"},"modified":"2021-04-07T21:32:10","modified_gmt":"2021-04-08T01:32:10","slug":"agent-information-software-aifs-publishes-2020-audited-financials","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/agent-information-software-aifs-publishes-2020-audited-financials\/","title":{"rendered":"AGent Information Software (AIFS) Publishes 2020 Audited Financials"},"content":{"rendered":"<h2>\nRecurring revenue base increased from 2019, despite challenges presented by the 2020 COVID-19 pandemic.<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">RANCHO CUCAMONGA, Calif., April  07, 2021  (GLOBE NEWSWIRE) &#8212; AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released 2020 year-end financials today.<\/p>\n<p>In the year ending December 31, 2020, AIFS continued strengthening its financial position, despite the challenges of the COVID-19 pandemic. AIFS reported a net income of $408,667, with EBITDA representing 21% of sales at year-end. Continued growth of the company\u2019s recurring revenue base saw an increase from $5,030,056 in 2019 to $5,222,595 in 2020. AIFS reported EPS of $0.09 on weighted average shares outstanding $4,484,577. AIFS declared a dividend of $0.03 per share in June 2020.<\/p>\n<p>SHAREit, Auto-Graphics enterprise class system, continued to grow in North America with the State Library of Florida \u2013 Florida Library Information Network (FLIN) selection SHAREit through a competitive RFP process. This award further substantiates Auto-Graphics as the industry leader in statewide\/regional resource sharing in North America.<\/p>\n<p>Auto-Graphics, Inc. has been an industry leader in library management and resource sharing software for nearly 50 years. A-G was the first to provide Cloud-based library resource sharing solutions to library consortia. All A-G products meet ISO and NISO standards and are available through a cloud-based delivery model (SaaS \u2013 \u201cSoftware as a Service.\u201d) For more information, visit A-G on our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7dsa6tGstdyRrpBY5JbCG8Ux-zY7XY3sdi6TGH5aki-AlMUZoFU-L901eP3Bsi3sNv4UiURACN9kij7t4WwHa9vybk8tXQyFjahu8xwwtu8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.auto-graphics.com<\/a>, or on Facebook and LinkedIn.<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzM5MCM0MTExMTEwIzIwNTAwMDM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/cc3e754f-0e5b-4388-ace9-0e5811feea45\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Media Contact: Becky Bates\r\n\r\nAuto\u2010Graphics, Inc.\r\n\r\n(909) 569\u20101514\r\n\r\nrlb@auto-graphics.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Recurring revenue base increased from 2019, despite challenges presented by the 2020 COVID-19 pandemic. RANCHO CUCAMONGA, Calif., April 07, 2021 (GLOBE NEWSWIRE) &#8212; AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released 2020 year-end financials today. In the year ending December 31, 2020, AIFS continued strengthening its financial position, despite the challenges of the COVID-19 pandemic. AIFS reported a net income of $408,667, with EBITDA representing 21% of sales at year-end. Continued growth of the company\u2019s recurring revenue base saw an increase from $5,030,056 in 2019 to $5,222,595 in 2020. AIFS reported EPS of $0.09 on weighted average shares outstanding $4,484,577. AIFS declared a dividend of $0.03 per share in June 2020. SHAREit, Auto-Graphics enterprise class system, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/agent-information-software-aifs-publishes-2020-audited-financials\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AGent Information Software (AIFS) Publishes 2020 Audited Financials&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473361","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AGent Information Software (AIFS) Publishes 2020 Audited Financials - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/agent-information-software-aifs-publishes-2020-audited-financials\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AGent Information Software (AIFS) Publishes 2020 Audited Financials - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Recurring revenue base increased from 2019, despite challenges presented by the 2020 COVID-19 pandemic. RANCHO CUCAMONGA, Calif., April 07, 2021 (GLOBE NEWSWIRE) &#8212; AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released 2020 year-end financials today. In the year ending December 31, 2020, AIFS continued strengthening its financial position, despite the challenges of the COVID-19 pandemic. AIFS reported a net income of $408,667, with EBITDA representing 21% of sales at year-end. Continued growth of the company\u2019s recurring revenue base saw an increase from $5,030,056 in 2019 to $5,222,595 in 2020. AIFS reported EPS of $0.09 on weighted average shares outstanding $4,484,577. AIFS declared a dividend of $0.03 per share in June 2020. 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RANCHO CUCAMONGA, Calif., April 07, 2021 (GLOBE NEWSWIRE) &#8212; AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released 2020 year-end financials today. In the year ending December 31, 2020, AIFS continued strengthening its financial position, despite the challenges of the COVID-19 pandemic. AIFS reported a net income of $408,667, with EBITDA representing 21% of sales at year-end. Continued growth of the company\u2019s recurring revenue base saw an increase from $5,030,056 in 2019 to $5,222,595 in 2020. AIFS reported EPS of $0.09 on weighted average shares outstanding $4,484,577. AIFS declared a dividend of $0.03 per share in June 2020. 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