AGent Information Software (AIFS) Publishes 2022 First Quarter Financials
ACCESSWIRE
21 May 2022, 07:01 GMT+10
RANCHO CUCAMONGA, CA / ACCESSWIRE / May 20, 2022 / AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released 2022 first-quarter financials today.
In the first quarter of 2022, AIFS reported a net income of $28,070. Recurring revenue remains solid and grew to $1,295,800 at quarter-end, a slight increase from 2021. The second quarter will see new sales being booked; that, along with increases to the company's recurring revenue base, will also include one-time, non-recurring revenues. Currently, implementation is underway for both recently acquired customers: Arkansas State Library and SCELC (Statewide California Electronic Library Consortium.)
The company's cash position remains solid at the end of the first quarter of 2022. As stated in the previous year-end report, AIFS is striving to bolster its market position in the library automation software industry and continues to dedicate additional resources to new and improved product features by hiring additional developers and programmers.
Auto-Graphics, Inc. has been an industry leader in library management and resource-sharing software for over 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 - 'Software as a Service.') For more information, visit A-G on their website at www.auto-graphics.com, or on Facebook and LinkedIn.
###
Media Contact:
Becky Bates
Auto‐Graphics, Inc.
(909) 569‐1514
rlb@auto-graphics.com
SOURCE: Auto-Graphics, Inc.
View source version on accesswire.com:
https://www.accesswire.com/702210/AGent-Information-Software-AIFS-Publishes-2022-First-Quarter-Financials
Subscribe and Follow
Get a daily dose of New Jersey Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to New Jersey Telegraph.
More Information
90
℉
Summer travel returns worldwide, even with air problems, surging Covid
PARIS, France: According to projections and interviews by the Associated Press in 11 countries, tourism officials have said they expect ...
EasyJet boss quits due to flight cancellations
LONDON, England: After EasyJet canceled thousands of flights this summer to limit the disruption caused to passengers from both air ...
Minimal disruptions as summer strikes continue at Paris airport
PARIS, France: Signaling further disruptions for summer travelers, workers at Roissy-Charles de Gaulle Airport said they would go on strike ...
Airbnb announces worldwide ban on parties held in rentals
SAN FRANCISCO, California: In response to a string of shootings that have broken out at U.S. properties it lists, rental ...
Boeing out, Airbus in as China to purchase 300 A320 jets
BEIJING, China: Chinese airlines announced last week that they would purchase some 300 Airbus jets. This is the largest order ...
As Covid cases rise in France, no return to mandatory restrictions
NICE, France -As some 1,000 Frenchmen are being hospitalized daily with Covid infections, French officials have "invited" or "recommended" the ...
Summer travel returns worldwide, even with air problems, surging Covid
PARIS, France: According to projections and interviews by the Associated Press in 11 countries, tourism officials have said they expect ...
Six hikers dead when falling glacier strikes in Italian Alps
TRENTO, Italy: Record warm temperatures caused a mountain glacier in the Italian Alps to collapse on July 3, killing at ...
Qatar World Cup to receive US security assistance
WASHINGTON D.C.: The Department of Homeland Security (DHS) will assist Qatar with security during the 2022 World Cup, which begins ...
Minimal disruptions as summer strikes continue at Paris airport
PARIS, France: Signaling further disruptions for summer travelers, workers at Roissy-Charles de Gaulle Airport said they would go on strike ...
Angry Russia vows retaliation after Bulgaria expels diplomats
SOFIA, Bulgaria: Russian diplomats and their families departed Bulgaria over the weekend, amidst heightened tensions between the two eastern European ...
No end in sight as South Africa suffers thru power cuts
JOHANNESBURG, South Africa: More frequent power cuts in South Africa have affected households and businesses across the country, with state-owned ...
