Financials CoreCard Corporation

Equities

CCRD

US45816D1000

Financial Technology (Fintech)

Market Closed - Nyse Other stock markets 21:00:02 07/05/2024 BST			5-day change	1st Jan Change
12.81 ^USD	+0.47%		+6.93%	-7.38%

05-02	Transcript : CoreCard Corporation, Q1 2024 Earnings Call, May 02, 2024
05-02	Earnings Flash (CCRD) CORECARD CORPORATION Reports Q1 Revenue $13.1M	MT

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	355.4	358.2	337.6	246.6	116.7	104	-
Enterprise Value (EV) ¹	329.4	322.2	311	223.2	116.7	104	104
P/E ratio	32.7 x	44.1 x	37.7 x	18 x	34.6 x	38.6 x	20.6 x
Yield	-	-	-	-	-	-	-
Capitalization / Revenue	10.4 x	9.98 x	7 x	3.53 x	2.08 x	2.02 x	1.83 x
EV / Revenue	10.4 x	9.98 x	7 x	3.53 x	2.08 x	2.02 x	1.83 x
EV / EBITDA	24.7 x	26.7 x	21.8 x	9.61 x	-	13 x	9.3 x
EV / FCF	51,438,068 x	25,417,423 x	96,728,381 x	218,439,141 x	-	-	-
FCF Yield	0%	0%	0%	0%	-	-	-
Price to Book	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	8,898	8,929	8,701	8,513	8,440	8,161	-
Reference price ²	39.94	40.11	38.80	28.97	13.83	12.75	12.75
Announcement Date	11/02/20	11/02/21	15/02/22	16/02/23	14/02/24	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	34.3	35.87	48.25	69.76	56	51.43	56.95
EBITDA ¹	14.39	13.43	15.45	25.65	-	8.025	11.18
EBIT ¹	13.38	11.3	11.66	19.95	5.311	3.395	6.445
Operating Margin	39.01%	31.49%	24.16%	28.6%	9.48%	6.6%	11.32%
Earnings before Tax (EBT) ¹	13.52	10.63	11.76	19.04	4.497	3.727	6.96
Net income ¹	10.97	8.161	9.039	13.88	3.395	2.76	5.081
Net margin	31.98%	22.75%	18.73%	19.9%	6.06%	5.37%	8.92%
EPS ²	1.220	0.9100	1.030	1.610	0.4000	0.3300	0.6200
Free Cash Flow	6.909	14.09	3.49	1.129	-	-	-
FCF margin	20.14%	39.28%	7.23%	1.62%	-	-	-
FCF Conversion (EBITDA)	48%	104.9%	22.58%	4.4%	-	-	-
FCF Conversion (Net income)	62.99%	172.66%	38.61%	8.13%	-	-	-
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	11/02/20	11/02/21	15/02/22	16/02/23	14/02/24	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	13.05	24.28	15.21	14.45	15.82	14.76	-	13.4	12.16	13.08	12.12	12.42	13.8
EBITDA ¹	4.125	13.08	4.471	3.006	5.092	3.515	-	-	-	-	1.603	1.795	2.915
EBIT ¹	3.026	11.75	3.466	1.703	3.031	1.82	-	0.413	0.395	0.527	0.528	0.61	1.73
Operating Margin	23.19%	48.4%	22.79%	11.79%	19.15%	12.33%	-	3.08%	3.25%	4.03%	4.35%	4.91%	12.54%
Earnings before Tax (EBT) ¹	3.116	11.69	3.755	1.802	1.791	1.669	-	-	0.629	0.579	0.588	0.72	1.84
Net income ¹	2.66	8.67	2.856	1.359	0.996	1.256	1.875	-	0.486	0.43	0.435	0.533	1.362
Net margin	20.39%	35.7%	18.78%	9.4%	6.29%	8.51%	-	-	4%	3.29%	3.59%	4.29%	9.87%
EPS ²	0.3000	1.000	0.3300	0.1600	0.1200	0.1500	0.2200	-0.0300	0.0600	0.0500	0.0500	0.0600	0.1700
Dividend per Share	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	15/02/22	05/05/22	03/08/22	02/11/22	16/02/23	04/05/23	02/08/23	01/11/23	14/02/24	02/05/24	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-	-
Net Cash position	26	36	26.5	23.4	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	6.91	14.1	3.49	1.13	-	-	-
ROE (net income / shareholders' equity)	34.7%	20%	20.5%	28.7%	-	-	-
ROA (Net income/ Total Assets)	29.8%	16.1%	15.7%	22.9%	-	-	-
Assets ¹	36.77	50.63	57.59	60.69	-	-	-
Book Value Per Share	-	-	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-
Capex	1.68	6.88	5.43	8.74	-	-	-
Capex / Sales	4.89%	19.16%	11.24%	12.52%	-	-	-
Announcement Date	11/02/20	11/02/21	15/02/22	16/02/23	14/02/24	-	-

¹USD in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for CoreCard Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

12.75 USD

Average target price

19 USD

Spread / Average Target

+49.02%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Financial Technology (Fintech) (NEC)