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Sep 30, 2020
CSP Q4 2020 Earnings Report
CSPi reported results impacted by the COVID-19 pandemic but showed progress in key areas.
Key Takeaways
CSPi's Q4 2020 revenue was $14.3 million, with a net profit of $36,000, or $0.01 per share. The gross margin improved by 8 percentage points compared to the year-ago fiscal fourth quarter. The company ended the year with a cash balance of $19.3 million.
Gross margin improved by 8 percentage points compared to the year-ago fiscal fourth quarter.
Managed Services Practice remains strong with momentum from new and existing customers.
Ended fiscal year 2020 with a robust cash balance to fund growth objectives.
Financial performance was impacted by the challenging business environment created by the COVID-19 pandemic.
CSP
CSP
CSP Revenue by Segment
Revenue by Segment
Product Revenue
CapyFin.comServices Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income