Tyler Technologies, Inc. (N:TYL)

Business Focus: Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEC
Company Contact
Address: 5101 Tennyson Pkwy
PLANO TX 75024-3525
Tel: N/A
Website: https://www.tylertech.com
IR: See website
Key People
John S. Marr
Executive Chairman of the Board
H. Lynn Moore
President, Chief Executive Officer, Director
Brian K. Miller
Chief Financial Officer, Executive Vice President, Treasurer
Kelley Shimansky
Chief Human Resource Officer
Business Overview
Tyler Technologies, Inc. is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management. A&T segment provides systems and software that automate the appraisal and assessment of real and personal property, as well as property appraisal outsourcing services for local governments and taxing authorities. Through its subsidiary, Sage Data Security, LLC, the Company offers a suite of services that supports cybersecurity lifecycle, including program development, and education and training.
Financial Overview
For the three months ended 31 March 2019, Tyler Technologies, Inc. revenues increased 12% to $247.1M. Net income decreased 28% to $27.3M. Revenues reflect Subscriptions increase of 37% to $67.3M, Maintenance increase of 7% to $100.2M. Net income was offset by Corporate segment loss increase of 21% to $16.5M. Basic Earnings per Share excluding Extraordinary Items decreased from $1.00 to $0.71.
Employees: 5,053 as of Mar 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $8,613M as of Mar 31, 2019
Annual revenue (TTM): $961.17M as of Mar 31, 2019
EBITDA (TTM): $213.10M as of Mar 31, 2019
Net annual income (TTM): $135.19M as of Mar 31, 2019
Free cash flow (TTM): $197.99M as of Mar 31, 2019
Net Debt Last Fiscal Year: $8.61M as of Mar 31, 2019
Shares outstanding: 38,341,555 as of May 6, 2019
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization