Last $10.37 USD
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Volume 91.0K
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park city group inc (PCYG) Snapshot

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06/18/14 - $13.97
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park city group inc (PCYG) Details

Park City Group, Inc., a software-as-a-service provider, designs, develops, markets, and supports proprietary software products for the consumer goods supply chain. The company offers its products for businesses having multiple locations to assist in the management of business operations on a daily basis and communicate results of operations in a timely manner. Its solutions comprise Scan Based Trading, ScoreTracker, Vendor Managed Inventory, Store Level Replenishment, Enterprise Supply Chain Planning Suite, and Fresh Market Manager and ActionManager, which are designed to enable the retailers and suppliers to manage inventory, product mix, and labor. The company also provides business-consulting services to suppliers and retailers in the grocery, convenience store, and specialty retail industries; and consulting services, such as implementation, business optimization, technical services, education, business process outsourcing, and advisory services for business operations. It serves multi-store retail and convenience store chains, branded food manufacturers, suppliers and distributors, and manufacturing companies in North America, Europe, Asia, and the Pacific Rim. Park City Group, Inc. was founded in 1990 and is based in Salt Lake City, Utah.

57 Employees
Last Reported Date: 09/11/14
Founded in 1990

park city group inc (PCYG) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $998.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2014.

park city group inc (PCYG) Key Developments

Park City Group Inc. Reports Unaudited Consolidated Earnings Result for the First Quarter Ended September 30, 2014; Provides CapEx Guidance for the Full Year of Fiscal 2015

Park City Group Inc. reported unaudited consolidated earnings result for the first quarter ended September 30, 2014. For the quarter, total Revenue was $3,333,519 against $2,775,936 a year ago. Loss from operations was $434,662 against $1,048,858 a year ago. Loss before income taxes was $376,063 against $1,047,365 a year ago. Net loss applicable to common shareholders was $530,536 or $0.03 per basic and diluted share against $1,201,838 or $0.07 per basic and diluted share a year ago. Net cash provided by operating activities was $488,431 against net cash used in operating activities of $594,970 a year ago. Purchase of property and equipment was $8,997 against $66,590 a year ago. Adjusted EBITDA was $303 against adjusted LBITDA of $444 a year ago. Non-GAAP net income to common shareholders was $120 or $0.01 per diluted share against net loss of $699 or $0.04 per diluted share a year ago. Non-GAAP free cash flow was $479 against negative non-GAAP free cash flow of $662 a year ago. The company expects to spend approximately $500,000 on CapEx for the fiscal 2015, the bulk of which is related to a major upgrade to its systems, which is occurring in this quarter.

Park City Group Establishes Strategic Relationship with Fintech to Fuel Growth in Convenience Stores and Foodservice

Park City Group and Fintech announced a strategic relationship to cross market their complementary strengths, technology and expertise. According to the agreement, Park City Group will offer Fintech's electronic payment and data services to its retail customer base. Fintech works with more than 2,300 distributors to provide electronic payment services to more than 300,000 customer relationships in the grocery, convenience store, foodservice and other retail markets. Fintech provides direct insight to the alcohol industry on purchasing data, simplifying invoice information into actionable reporting that helps retailers make smarter purchases. Likewise, Fintech has agreed to market Park City Groups' automated pricing and supply chain management services to its distributors and retailers across the alcohol industry.

Park City Group Inc. Presents at Southwest IDEAS Investor Conference 2014, Nov-19-2014 10:00 AM

Park City Group Inc. Presents at Southwest IDEAS Investor Conference 2014, Nov-19-2014 10:00 AM. Venue: Marriott Quorom, 14901 Dallas Parkway, Addison, TX 75254, United States. Speakers: Randall K. Fields, Co-Founder, Chairman, Chief Executive Officer and President.


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