Great Plains Accounting Software

great plains accounting software – Scala Continues Profitability with 33% Year-on-Year Increase in Net Income in Q3 2002

March 2, 2010

21. October 2002: Scala Business Solutions aimed at the sustainable profitability of each quarter, its eighth consecutive quarter of EBITDA margin and net profit for the seventh consecutive quarter for the period ending September 30, 2002.  $ 0.04 earnings per share " 33% compared to 3 quarters of 2001 net income of $ 801,000, up 33% over 3 quarters of 2001  18.4 million cash balance to 142% for 3 quarters of 2001  18.1 million euros in total revenue by 9.5% compared to Q3 2001, the common ERP vendors reported a combined license revenue and maintenance costs have increased by 12.

3% over the same quarter the previous year, with licensing revenues to almost the same amount of 5.8 million, only 0.6% below the 3rd quarter of 2001, the first dealing with licenses, an increase in Q2 with revenue growth of 9.4%, due to special offers, closing Q2, as well as new sales registered through the pipeline. Service revenue continued to show strong growth and grew by 24% to 7.9 million, compared with 3 quarters of 2001. Consulting revenues remained unchanged at 4.2 million dollars that the program has led at last year's consultation and to raise as a service primarily Partners.

Thus, the global network 108 partners in January 2002-142 developed to show in October, 31% increase.The sustainable level of income that the reforms of political society and their solutions, IT – Taking systems springboard for his economic functioning of the network, "said Mike Burdett, La Scala, chief executive officer. We ERP iScala joint product designed for collaborative commerce. We are, great plains accounting software, very pleased to announce that until the end of, great plains accounting software, the third quarter, the number of foreign companies that iScala software and development of their business strategy has achieved almost 60 Our decision to move to a joint ERP proves right, the time and again.

Sales time programs iScala further increase in cash balances, which increased by 142%, great plains accounting software, to $ 18.4 million, from $ 7.6 million in the same period last year, enabling the company to prepay U.S. $ 6.1 million in the month of October, Great Plains, including interest on loans. Management of claims was so loud Days sales outstanding day falls on 45 days at the end of the third quarter, great plains accounting software, 2002.Acting chief financial officer, David Cairns, said that the incomes and improving the fields have been partially offset by increased general and administrative expenses expenditure of 800,000 $ in 3 quarters of 2001 has been declining.

wise to cover provisions for possible non-recurring costs of projects increased by a quarter, but that does not affect the cost base trends.Q3 2002 Financial HighlightsThroughout 2002 Cliff focused on proven strategies for the business market, the growing Introduction iScala 2.1 "Next Generation ERP joint platform in May. The company, now with this new system are very positive feedback, and Rock has expanded its R & D staff by 20% in order to facilitate the functionality of iScala quickly to market conditions to meet growing consumer demand demand.

Outlook end customers EndOur tell us, we offer exactly the right products for the global standardization activities at low cost, and we believe it is important to focus on further developing our technologies for the collaboration, "said Burdett. We always said that we would achieve profitability in each quarter, we made a fire, and we are confident that we will continue to do so. With our additional R & D in this situation, we expect to maintain a maximum capacity of 2003, work in the IT business industry.

Q3 2002 Highlights Rock an agreement of 2.2 million dollars in licenses for iScala 2.1: one of Longer Scala existing customers throughout the world, has signed a new social system, the license under way for the full functionality of iScala 2.1 applies, great plains accounting software, to the first goal in the world to build a common ERP platform commercially available from Rocks published in May . In addition to software licenses, the company acquire more knowledge. 1.1 million iScala 2.1 implementation has signed an agreement with the other global clients.

The new contract with one of the leading companies in the industrial world will be implemented in eight countries as part of its strategy for SAP ERP systems, to standardize their core subsidiaries and scale for medium and small branches. In iScala 2.1 license for the amount of 400,000, the customer, great plains accounting software, has purchased and the support of the overall project management services within the total project cost

Entry Filed under: great plains accounting software. Tags: collaborative, collaborative erp, company, erp, global, great plains accounting software, iscala, iscala 2, q3 2001, scala.