information analysis inc (IAIC:OTC US)
information analysis inc (IAIC) Snapshot
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Open
$0.17
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Previous Close
$0.17
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Day High
$0.17
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Day Low
$0.17
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52 Week High
08/14/12 - $0.18
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52 Week Low
11/1/12 - $0.10
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Market Cap
1.9M
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Average Volume 10 Days
31.0K
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EPS TTM
--
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Shares Outstanding
11.2M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Information Analysis Incorporated engages in modernizing client information systems, developing and maintaining information technology systems, and performing consulting services in the United States. The company focuses on legacy software migration and modernization for commercial companies and government agencies; and developing Web-based solutions, including electronic forms conversions for various agencies of the federal government. It is involved in migrating customers from older computer languages generally associated with legacy computer systems to modern languages used with current-day computer system platforms. The company also engages in the resale and installation of third-party software products, including Micro Focus suite of products that simply the conversion process and enable the entry screens to be Internet accessible; and Adobe electronic forms software products. Information Analysis Incorporated was founded in 1979 and is headquartered in Fairfax, Virginia.
information analysis inc (IAIC) Top Compensated Officers
information analysis inc (IAIC) Key Developments
Information Analysis Inc. announced audited earnings results for the year ended December 31, 2012. For the year, the company reported revenues of $7,058,000, compared to $7,821,000 for the same period in 2011. Net income was $100,000, or $0.01 per share basic and diluted, compared to net income of $154,000, or $0.01 per share basic and diluted, reported for the comparable 2011 period. Income from operations was $94,000 against $149,000 a year ago. Income before income taxes was $100,000 against $157,000 a year ago.
Information Analysis Inc. is seeking acquisitions. Sandor Rosenberg, Chairman and Chief Executive Officer of Information Analysis, said, "In addition, we are making investments in marketing and sales in both the commercial market as well as in the government sector. Although sequestration has had some impact on operations, we feel that our business will improve as the government budget becomes stable. We continue to pursue merger and acquisition opportunities."
Information Analysis Inc. announced unaudited financial results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported operating income of $50,000, income before income taxes of $51,000 and net income of $51,000 on total sales were $2,435,000 against operating income of $45,000, income before income taxes of $47,000 and net income of $47,000 on total sales were $1,620,000 for the same period a year ago. For the six months, the company reported operating income of $26,000, income before income taxes of $29,000 and net income of $29,000 on total sales were $3,949,000 against operating income of $34,000, income before income taxes of $38,000 and net income of $38,000 on total sales were $3,044,000 for the same period a year ago.
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Industry Analysis
IAIC
Industry Average
| Valuation | IAIC | Industry Range |
| Price/Earnings | 26.3x |
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| Price/Sales | 0.3x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 26.3x |
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| TEV/Sales | NM | Not Meaningful |
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To contact INFORMATION ANALYSIS INC, please visit www.infoa.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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