FCGY Stock - Forecastagility Corporation
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Financial Statements
| Metric | FY2021 | FY2020 | FY2019 |
|---|---|---|---|
| Revenue | $2.13M | $1.63M | $1.08M |
| Gross Profit | $1.99M | $1.63M | $1.08M |
| Gross Margin | 93.7% | 100.0% | 100.0% |
| Operating Income | $-305,657 | $522,310 | $95,800 |
| Net Income | $-309,677 | $506,237 | $92,405 |
| Net Margin | -14.6% | 31.0% | 8.6% |
| EPS | $-0.01 | $0.02 | $0.00 |
Forecastagility Corporation provides legacy application migration solutions to corporate clients in the United States and internationally. The company develops toolsets that migrate RPG and COBOL applications written for the IBM i-AS/400 environment to open platforms, such as Windows, Linux, or UNIX; and toolsets and services to modernize green screen applications for AS/400 and Mainframe environments. Its products include BABYi, a standard edition developer toolset and application server environment to migrate AS/400 RPG and COBOL applications to Windows; and BABY36 developer toolset, a suite of compilers, utilities, and operating system services that allow applications to be rehosted at the source code level, and recompiled and executed on the target platform. The company's products also comprise Infinite i, a suite of compilers, utilities, and operating system services that allow applications and programs to be migrated at the source code level, recompiled, and executed on the target platform; Infinite36 that migrates IBM System/36 RPG and COBOL applications to Windows, Linux, or UNIX; Infinite Cloud that create graphical screens from IBM i/AS400 green screens; and Infinite I Database Migration Tool for DB2 for IBM I (DB2/400) that enables to migrate IBM I, iSeries, and AS/400 data to Oracle or MS SQL environment. In addition, it offers migration and GUI creation services. The company was formerly known as Infinite Software Corporation and changed its name to Forecastagility Corporation in June 2019. Forecastagility Corporation was founded in 1975 and is based in Irvine, California.
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