Loading...
•
Sep 30, 2024
CSP Q4 2024 Earnings Report
CSPi reported a net loss with recurring sales increasing as a percentage of total revenue and AZT PROTECT market momentum building.
Key Takeaways
CSPi reported Q4 revenue of $13.0 million, a decrease compared to the previous year. The company experienced a net loss of $(1.7) million, or $(0.18) per diluted common share. However, recurring revenue increased to approximately 17% of total revenue, and the company's cash position remained strong at $30.6 million.
Cloud-based business remained strong with over 10 new customers signed in the fourth quarter.
Recurring revenue increased to approximately 17% of total revenue.
Strong relationship with Rockwell Automation generated over 100 new business leads for AZT PROTECT™ at recent conference.
Cruise line business bookings and pipeline positioned for strong fiscal year 2025.
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