
American Software Income Statement 2024-2009 | AMSWA
Brief overview of revenue and earnings at American Software
The comparison covers a five-year financial horizon. Revenue reported by American Software was $109 million at the beginning of the period and $103 million at the end. Across the full period, sales moved by −5.7%; the average annual rate was −1.2%. The revenue trend is close to stagnation.
Gross profit was $56.7 million at the start and $66.4 million at the end of the period (+17.1%). The relationship between sales and direct costs improved over the period. The gross margin was 52.2% at the start and 64.8% at the end. A wider margin shows that the economics of the core business improved.
EBITDA was $13 million at the beginning and $8.5 million at the end of the period (−34.2%). EBITDA underperformed the top-line trend. At the operating-margin level, the figure shifted from 12% to 8.3%. The business retained less EBITDA from each unit of revenue.
Net profit was $6.8 million at the start and $11.4 million at the end. Profit outpaced sales and strengthened the quality of growth.
The five-year change in capitalization reached −30.9%: from 442 million dollars to 305 million dollars. The market is not yet fully reflecting the fundamental progress.
Financial takeaway
The indicators point to a weaker financial profile. The constructive conclusion rests on improving net profitability and better sales economics. The most visible risks are a weaker market valuation, a declining EBITDA margin and a softer top-line trend. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement American Software
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
305 M | 358 M | 354 M | 749 M | 599 M | 442 M | 304 M | 323 M | 249 M | 216 M | 172 M | 197 M | 156 M | 152 M | - | - |
Shares |
33.7 M | 33.8 M | 33.4 M | 32.6 M | 31.7 M | 31 M | 30.1 M | 29.2 M | 28.7 M | 28.3 M | 27.6 M | 27.2 M | 26.5 M | 25.8 M | 25.3 M | - |
Historical Prices |
9.06 | 10.6 | 10.6 | 23 | 18.9 | 14.3 | 10.1 | 11.1 | 8.68 | 7.64 | 6.23 | 7.26 | 5.9 | 5.9 | - | - |
Net Income |
11.4 M | 10.3 M | 12.8 M | 8.09 M | 6.74 M | 6.8 M | 1.24 M | 2.48 M | 412 K | 2.15 M | 1.18 M | 3.69 M | 2.77 M | 2.98 M | 5.7 M | - |
Revenue |
103 M | 108 M | 107 M | 111 M | 115 M | 109 M | 28 M | 26.3 M | 114 M | 103 M | 101 M | 100 M | 103 M | 85.6 M | - | - |
Cost of Revenue |
36.1 M | 37 M | 35.3 M | 50.4 M | 52.3 M | 52 M | 50 M | 51.1 M | 54.2 M | 50.5 M | 43.7 M | 45.6 M | 45.8 M | 40.2 M | 33 M | - |
Gross Profit |
66.4 M | 71.2 M | 71.2 M | 61 M | 63.2 M | 56.7 M | 14.7 M | 14 M | 13 M | 14.9 M | 12.1 M | 15.5 M | 14.7 M | 14.6 M | 42.3 M | - |
Operating Income |
4.11 M | 9.89 M | 11.6 M | 4.36 M | 6.05 M | 5.28 M | 1.53 M | 3.24 M | 708 K | 3.33 M | 1.38 M | 5.39 M | 4.24 M | 4.72 M | 7.3 M | - |
Interest Expense |
3.66 M | 186 K | 290 K | 4.08 M | -774 K | 273 K | 609 K | 12.6 M | -173 K | -169 K | 437 K | 601 K | -185 K | 520 K | 456 K | - |
EBITDA |
8.55 M | 13 M | 15.7 M | 9.97 M | 14.2 M | 13 M | 7.56 M | 9.88 M | 6.33 M | 9.16 M | 3.98 M | 9.54 M | 8.54 M | 8.64 M | 9.46 M | - |
Operating Expenses |
62.3 M | 61.3 M | 59.7 M | 56.6 M | 57.1 M | 51.5 M | 49.2 M | 47.4 M | 46.1 M | 43.1 M | 42.4 M | 41.1 M | 40.6 M | 36.2 M | 35 M | - |
General and Administrative Expenses |
22.7 M | 23.1 M | 21.2 M | 19.1 M | 19.5 M | 17 M | 16.1 M | 14.2 M | 12.4 M | 12.9 M | 12.4 M | 11.9 M | 13.1 M | 12.2 M | 12.8 M | - |
All numbers in USD currency
Quarterly Income Statement American Software
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
33.7 M | 33.6 M | 33.3 M | 33.7 M | 33.3 M | 34.1 M | 34.2 M | 33.3 M | 34.1 M | 34.2 M | 33.7 M | 33.8 M | 33.7 M | 33.7 M | - | 32.6 M | 33.3 M | 33.2 M | - | 32 M | 32.5 M | 32.5 M | 32.3 M | 31 M | 31.6 M | 31.6 M | 31.3 M | 30.2 M | 30.9 M | 30.9 M | 30.7 M | 29.3 M | 29.9 M | 29.9 M | 29.7 M | 28.8 M | 29.1 M | 29.1 M | 28.9 M | 28.2 M | 28.7 M | 28.7 M | 28.6 M | 27.7 M | 28.3 M | 28.3 M | 28.2 M | 27.2 M | 27.4 M | 27.4 M | 27.4 M | 26.5 M | 27.2 M | 27.2 M | 27.1 M | 25.8 M | 26.3 M | 26.3 M | 26.1 M |
Net Income |
-2.76 M | 1.74 M | 2.05 M | -2.76 M | 4.09 M | 2.36 M | 2.75 M | 4.09 M | 2.36 M | 2.75 M | 2.13 M | 3.22 M | 2.1 M | 2.13 M | - | 2.31 M | 3.31 M | 6.26 M | - | 3.29 M | 692 K | 692 K | 2.03 M | 2.3 M | 1.76 M | 1.76 M | 1.15 M | 5.58 M | 1.24 M | 1.24 M | 1.38 M | 2.24 M | 2.48 M | 2.48 M | 2.72 M | 2.11 M | 412 K | 412 K | 1.69 M | 2.84 M | 2.15 M | 2.15 M | 2.57 M | 2.48 M | 1.18 M | 1.18 M | 1.53 M | 2.14 M | 3.69 M | 3.69 M | 1.59 M | 2.59 M | 2.77 M | 2.77 M | 2.42 M | 1.76 M | 2.98 M | 2.98 M | 2.29 M |
Revenue |
25 M | 25.3 M | 26.2 M | 25 M | 25.5 M | 25.7 M | 29.2 M | 25.5 M | 25.7 M | 29.2 M | 31.3 M | 27.4 M | 27.3 M | 31.3 M | - | 32.4 M | 31.2 M | 60.5 M | - | 30.6 M | 27.9 M | 27.9 M | 27.3 M | 27 M | 28.2 M | 27.4 M | 26.3 M | 30.1 M | 28 M | 27.4 M | 29.4 M | 26.4 M | 26.3 M | 26.3 M | 26.9 M | 27.1 M | 26.1 M | 26.1 M | 27.4 M | 25.8 M | 29.1 M | 29.1 M | 28.9 M | 24.4 M | 24.6 M | 24.6 M | 24.9 M | 23.1 M | 26.9 M | 26.9 M | 23.3 M | 25.4 M | 26.3 M | 26.3 M | 25.9 M | 20.4 M | 25.6 M | 25.6 M | 23.7 M |
Cost of Revenue |
8.25 M | 8.78 M | 8.72 M | 8.25 M | 9.09 M | 9.29 M | 11.6 M | 9.09 M | 9.29 M | 11.6 M | 12.6 M | 9.47 M | 9.22 M | 12.6 M | - | 12.4 M | 12.8 M | 25.2 M | - | 13.2 M | 13.1 M | 13.1 M | 13 M | 13 M | 13 M | 13 M | 12.8 M | 13.1 M | 13.4 M | 13.4 M | 13.6 M | 12.4 M | 12.3 M | 24 M | - | 13.5 M | 13.1 M | 13.1 M | 13.6 M | 13 M | 14.2 M | 14.2 M | 13.5 M | 10.5 M | 12.5 M | 12.5 M | 11.5 M | 11 M | 11.4 M | 11.4 M | 11.2 M | 11.9 M | 11.6 M | 11.6 M | 11.9 M | 10 M | 11 M | 11 M | 10.5 M |
Gross Profit |
16.8 M | 16.5 M | 17.5 M | 16.8 M | 16.4 M | 16.4 M | 17.6 M | 16.4 M | 16.4 M | 17.6 M | 18.7 M | 18 M | 18.1 M | 18.7 M | - | 15.3 M | 18.4 M | 35.3 M | - | 17.4 M | 14.8 M | 14.8 M | 14.2 M | 14 M | 15.2 M | 15.2 M | 14.6 M | 17 M | 14.7 M | 14.7 M | 13.8 M | 14 M | 14 M | 14 M | 15.2 M | 13.6 M | 13 M | 13 M | 13.8 M | 12.8 M | 14.9 M | 14.9 M | 15.3 M | 14 M | 12.1 M | 12.1 M | 13.3 M | 12 M | 15.5 M | 15.5 M | 12.2 M | 13.5 M | 14.7 M | 14.7 M | 14 M | 10.3 M | 14.6 M | 14.6 M | 13.2 M |
Operating Income |
-3.51 M | 1.04 M | 1.84 M | -3.51 M | 815 K | 1.23 M | 1.57 M | 815 K | 1.23 M | 1.57 M | 2.56 M | 2.74 M | 2.55 M | 2.56 M | - | 935 K | 2.69 M | 4.46 M | - | 2.82 M | 631 K | 631 K | 885 K | 2.13 M | 843 K | 843 K | 797 K | 4.2 M | 1.53 M | 1.53 M | 607 K | 2.46 M | 3.24 M | 3.24 M | 3.62 M | 2.52 M | 708 K | 708 K | 1.65 M | 2.38 M | 3.33 M | 3.33 M | 3.82 M | 3.54 M | 1.38 M | 1.38 M | 2.16 M | 2.29 M | 5.39 M | 5.39 M | 2.38 M | 3.29 M | 4.24 M | 4.24 M | 3.72 M | 1.79 M | 4.72 M | 4.72 M | 3.59 M |
Interest Expense |
-168 K | 315 K | 198 K | -168 K | 3.64 M | -1.65 M | 798 K | 3.64 M | -1.65 M | 798 K | -90 K | 633 K | -509 K | -90 K | - | 1.34 M | 833 K | 1.18 M | - | 618 K | -139 K | -139 K | 1.21 M | 4 K | 312 K | 312 K | 50 K | 1.17 M | -714 K | -714 K | 249 K | 738 K | 322 K | 322 K | 236 K | -546 K | -445 K | -445 K | 343 K | -406 K | -193 K | -193 K | -28 K | -33 K | 210 K | 210 K | 26 K | 164 K | 202 K | 202 K | -207 K | 182 K | 31 K | 31 K | -33 K | 106 K | -228 K | -228 K | -376 K |
EBITDA |
-4 K | 3.39 M | 3.03 M | -3.32 M | 4.46 M | 3.24 M | 2.3 M | 1.01 M | 1.36 M | 2.3 M | 3.32 M | 2.77 M | 2.58 M | 3.32 M | - | 2.18 M | 3.73 M | 6.63 M | - | 4.7 M | 2.14 M | 2.14 M | 2.56 M | 4.09 M | 3.03 M | 3.03 M | 3.04 M | 5.8 M | 3.44 M | 3.44 M | 2.4 M | 4.46 M | 4.56 M | 4.56 M | 5.01 M | 3.92 M | 2.35 M | 2.35 M | 3.05 M | 3.85 M | 4.74 M | 4.74 M | 5.23 M | 3.97 M | 2.84 M | 2.84 M | 3.54 M | 3.32 M | 5.82 M | 5.82 M | 3.41 M | 4.36 M | 5.28 M | 5.28 M | 4.76 M | 1.92 M | 5.8 M | 6.89 M | 4.69 M |
Operating Expenses |
20.3 M | 15.5 M | 15.6 M | 20.3 M | 15.6 M | 15.2 M | 16 M | 15.6 M | 15.2 M | 16 M | 16.2 M | 15.2 M | 15.5 M | 16.2 M | - | 14.3 M | 15.7 M | 30.8 M | - | 14.6 M | 14.2 M | 14.2 M | 13.4 M | 11.9 M | 14.3 M | 14.3 M | 13.8 M | 12.8 M | 13.1 M | 13.1 M | 13.1 M | 11.6 M | 10.8 M | 10.8 M | 11.6 M | 11.1 M | 12.3 M | 12.3 M | 12.2 M | 10.5 M | 11.6 M | 11.6 M | 11.5 M | 10.4 M | 10.7 M | 10.7 M | 11.2 M | 9.74 M | 10.1 M | 10.1 M | 9.77 M | 10.2 M | 10.4 M | 10.4 M | 10.3 M | 8.56 M | 9.92 M | 9.92 M | 9.6 M |
General and Administrative Expenses |
9.16 M | 5.85 M | 5.43 M | 9.16 M | 5.85 M | 5.46 M | 5.59 M | 5.85 M | 5.46 M | 5.59 M | 5.76 M | 5.88 M | 5.88 M | 5.76 M | - | 5 M | 5.48 M | 10 M | - | 5.19 M | 4.37 M | 4.37 M | 4.46 M | 4.3 M | 4.91 M | 4.91 M | 4.82 M | 4.26 M | 4.41 M | 4.41 M | 4.19 M | 3.5 M | 3.62 M | 3.62 M | 3.52 M | 2.74 M | 3.69 M | 3.69 M | 3.51 M | 3.15 M | 3.62 M | 3.62 M | 3.45 M | 2.88 M | 3.16 M | 3.16 M | 3.22 M | 2.59 M | 3.07 M | 3.07 M | 3.15 M | 3.36 M | 2.94 M | 2.94 M | 3.11 M | 2.87 M | 3.01 M | 3.01 M | 3.12 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company American Software (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.