Intelligent Systems Corp. engages in the management of emerging technology companies. INS: Intelligent Systems Corporation - Full Company Report. Intelligent Systems had a net margin of 26.64% and a return on equity of 24.36%. A year ago, we said we expected 2020 to be just a little better than 2019, I guess, a little better or little worse, but about the same, as we're going to use the year to get ready for faster growth. Thank you. So don't expect any immediate impact and don't expect me to report on the revenues from APAC on a month-to-month or quarter-to-quarter basis. So think of it as we do, it's an investment. Good morning, everyone. I think I'll stop there. Am I just guessing? So you don't want to change unless you're seeing significant benefits. Our cash balance at September 30, 2020 was $34,391,000 compared to $26,415,000 at December 31, 2019, a significant increase in 2020. INS Intelligent Systems $34.50 / + (+0.00%) 01/27/20 Fly Intel: Top five analyst initiations 01/27/20 BTIG Intelligent Systems initiated with a Buy at BTIG 10/09/19 Sidoti Intelligent Systems initiated with … The firm earned $10.30 million during the quarter. No. The total purchase price is expected to be around $1 million. The impact is not large and doesn't keep us from making progress, but it definitely impacts us. Again, that's a large market. Find real-time INS - Intelligent Systems Corp stock quotes, company profile, news and forecasts from CNN Business. I would expect it to be cost, well, let's say, accretive in the normal sense of the word in the next 12 to 18 months, but in the meantime, it is going to impact our margins. So we've got the cash to take advantage of,opportunity and we're not trying to bank it. But eventually, we expect to offer our full premium credit processing services in the region. Again, the larger programs longer term contracts call for 12 months. So, Mark, I'm sorry, I'm not going to give you a number. Intelligent Systems has a ROE of 29% , based on the last twelve months. Intelligent Systems Corporation [NYSE American: INS, www.intelsys.com], the leading provider of innovative credit technology solutions and processing services to the … The last two calls we discussed how the current pandemic economic disruption affects our business. Kabbage had visionary leaders in Rob Frohwein and Kathryn Petralia and would not sell it for what the market offers. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Those are ones who did not come from the issuing business or have worked with us for less than three years. (Updated on November 23, 2020) Buy or Hold candidate since 2020-11-20 Gain 1.12% PDF . The investments we've made will enable us to take on additional processing customers in 2021 and beyond, leading to sustainable growth. Intelligent Systems Corporation Common Stock (INS) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Aug-27-19 08:55PM : If I were to draw a number, I'd be saying it's $1 billion or more. We think this demonstrates the strength of our business model and our strong financial position amid a challenging environment. We expect approximately 50 employees to join us initially, and we'll add others as the business evolves. Smaller programs are in the five years. The newer employees, and we have a different definition when we talk about newer employees. They usually call for renewal with a six to 12 month notice. Our strong cash position allowed us to invest $6.2 million in our processing infrastructure in 2020 and open the new recently announced offices in Dubai and Chennai. 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