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Dec 31, 2021
CoreCard Q4 2021 Earnings Report
CoreCard's strong performance continued, resulting in full-year top-line growth and increased license, professional services, and processing and maintenance revenue.
Key Takeaways
CoreCard Corporation reported a 36% increase in total revenue for the three-month period ended December 31, 2021, and a 34% increase for the full fiscal year 2021. Income from operations and net income also increased for both the quarter and the full year. The company anticipates continued growth in fiscal 2022.
Total revenue increased by 36% in Q4 2021 compared to the same period in 2020.
Full year revenue grew by 34% compared to fiscal year 2020.
License revenue increased by 63% year-over-year.
Earnings per diluted share increased to $0.30 for Q4 2021, compared to $0.24 in the prior year quarter.
CoreCard
CoreCard
Forward Guidance
CoreCard expects topline growth of 20% to 25% in fiscal 2022.