July 30, 2014 9:55 AM ET

IT Services

Company Overview of Camelot Information Systems Inc.

Company Overview

Camelot Information Systems Inc., together with its subsidiaries, provides enterprise application services and financial industry information technology (IT) services. The company’s enterprise application services consist of packaged software implementation and maintenance services for enterprise resource planning software packages; and software development and maintenance services. Its financial industry IT services include software solutions, and system support and maintenance, as well as IT consulting services for the financial industry. The company offers its services to enterprise customers directly, as well as indirectly through IT service providers. It serves a range of industries, in...

Beijing Publishing House

A6 North Third Ring Road

Xicheng District

Beijing,  100120

China

Founded in 2000

6,306 Employees

Phone:

86 10 8201 9000

Fax:

86 10 8201 9100

Key Executives for Camelot Information Systems Inc.

Co-Founder
Age: 54
Co-Founder
Age: 50
Interim Chief Financial Officer and President of Camelot Software Institution
Age: 67
Director and Chief Executive Officer of Camelot Financial Information Technology Services Co.
Age: 48
Vice Chairman
Age: 56
Compensation as of Fiscal Year 2014.

Camelot Information Systems Inc. Key Developments

Camelot Information Systems Inc., Special/Extraordinary Shareholders Meeting, Mar 25, 2014

Camelot Information Systems Inc., Special/Extraordinary Shareholders Meeting, Mar 25, 2014., at 10:00 China Standard Time. Location: Beijing Publishing House, A6 North Third Ring Road. Agenda: To approve the plan of merger and the transactions contemplated by the merger agreement.

Camelot Information Systems Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

Camelot Information Systems Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net revenues of $70,870,000 against $63,002,000 a year ago. Loss from operations was $1,926,000 against $31,865,000 a year ago. Loss before provisions for income tax was $1,913,000 against $31,718,000 a year ago. Net loss attributable to the company was $1,653,000 or $0.01 per diluted ordinary share against $31,496,000 or $0.18 per diluted ordinary share a year ago. Earnings per diluted ADS were $0.04 against $0.71 a year ago. Adjusted net loss attributable to the company was $1,153,000 against adjusted net income attributable to the company of $5,841,000 a year ago. Net cash used in operating activities was $4,708,000 against $266,000 a year ago. Purchase of property and equipment was $286,000 against $211,000 a year ago. Purchase of intangible assets and other assets was $5,000 against $1,551,000 a year ago. For the nine months, the company reported net revenues of $192,967,000 against $182,211,000 a year ago. Loss from operations was $11,173,000 against $30,002,000 a year ago. Loss before provisions for income tax was $10,873,000 against $29,442,000 a year ago. Net loss attributable to the company was $14,402,000 or $0.08 per diluted ordinary share against $29,920,000 or $0.17 per diluted ordinary share a year ago. Earnings per diluted ADS were $0.31 against $0.67 a year ago. Adjusted net loss attributable to the company was $11,911,000 against adjusted net income attributable to the company of $10,715,000 a year ago. Net cash used in operating activities was $36,117,000 against $21,833,000 a year ago. Purchase of property and equipment was $576,000 against $522,000 a year ago. Purchase of intangible assets and other assets was $5,000 against $2,573,000 a year ago.

Camelot Information Systems Inc. to Report Q3, 2013 Results on Nov 25, 2013

Camelot Information Systems Inc. announced that they will report Q3, 2013 results at 9:00 AM, US Eastern Standard Time on Nov 25, 2013

Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 31, 2014
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