Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue37¢$22.4M
- Research and development22¢$13.1M
- Other costs40¢$24.2M
- Income tax1¢$849.0K
Out of $60.5M in revenue.3 The company lost money this year.
Financial statements
No quarterly figures reported.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $29.8M4 | $48.1M3 | $60.5M3 | |||
| Cost of revenue | $10.4M4 | $18.5M3 | $22.4M3 | |||
| Gross profit | $19.4M4 | $29.7M3 | $38.1M3 | |||
| Research and development | $10.0M4 | $12.2M3 | $13.1M3 | |||
| Operating expenses | $83.6M3 | |||||
| Operating income | -$694.2K5 | -$15.6M4 | -$42.7M3 | -$45.5M3 | ||
| Income before tax | -$53.0M3 | |||||
| Income tax | $777.0K4 | -$8.6M7 | -$2.4M3 | $849.0K3 | ||
| Net income | $3.9M5 | -$16.5M4 | -$95.7M4 | -$41.9M3 | -$53.8M3 | |
| Earnings per share | $0.245 | $0.075 | -$0.783 | -$0.943 | ||
| Earnings per share (diluted) | $0.065 | $0.025 | -$0.783 | -$0.943 | ||
| Shares (weighted, basic) | 57.1K shares3 | |||||
| Shares (weighted, diluted) | 57.1K shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Cash | $1.2M5 | $12.4M4 | $13.9M7 | $8.4M7 | $22.8M3 | $13.3M3 |
| Receivables | $12.6M3 | |||||
| Current assets | $1.2M8 | $628.3K5 | $21.9M4 | $20.6M7 | $35.4M3 | $30.1M3 |
| Property, plant and equipment | $3.2M3 | |||||
| Goodwill | $268.8M3 | |||||
| Intangible assets | $86.5M3 | |||||
| Total assets | $553.5M8 | $557.4M5 | $29.6M4 | $434.4M7 | $432.4M3 | $394.9M3 |
| Current liabilities | $88.7K8 | $169.7K5 | $18.4M4 | $40.9M7 | $31.3M3 | $33.0M3 |
| Long-term debt | $433.0K4 | $04 | $26.6M3 | $24.6M3 | ||
| Total liabilities | $19.4M8 | $19.5M5 | $24.4M4 | $108.8M7 | $125.7M3 | $128.0M3 |
| Retained earnings | -$176.5M3 | |||||
| Shareholders’ equity | $5.0M5 | $5.0M5 | -$37.1M4 | $320.5M3 | $306.8M3 | $266.9M3 |
| Shares outstanding | 52.3M shares7 | 55.6M shares3 | 57.6M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Cash from operations | -$658.4K5 | -$8.9M4 | -$13.0M3 | -$6.4M3 | ||
| Stock-based compensation | $10.0M3 | |||||
| Capital spending | $352.0K4 | $3.0M3 | $352.0K3 | |||
| Free cash flow | -$9.3M | -$16.0M | -$6.7M | |||
| Cash from investing | -$346.0K3 | |||||
| Dividends paid | $872.0K4 | |||||
| Share buybacks | $05 | $347.9M5 | $459.0K3 | $8.0M3 | ||
| Cash from financing | -$2.7M3 |
Corporate structure
GTY Technology Holdings Inc. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of GTY Technology Holdings Inc.
- Conifer Management, L.L.C. Filed SC 13G/A on GTY Technology Holdings Inc., latest Jun 10, 2022 (2 filings since Feb 14, 2022)
- Beryl Capital Management LLC Filed SC 13G on GTY Technology Holdings Inc., latest May 16, 2022
- MILLER VALUE PARTNERS, LLC Filed SC 13G/A on GTY Technology Holdings Inc., latest Feb 14, 2022
- OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Filed SC 13G/A on GTY Technology Holdings Inc., latest Feb 14, 2022
- GTY Technology Holdings Inc. Boston, Massachusetts
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What GTY Technology Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $3.2M3 Dec 31, 2021 | $3.9M3 Dec 31, 2020 | −17.6% |
| Finance-lease assets | $722.0K3 Dec 31, 2021 | $1.4M3 Dec 31, 2020 | −46.7% |
| Operating-lease assets (leased space) | $1.9M3 Dec 31, 2021 | $2.6M3 Dec 31, 2020 | −28.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $13.3M3 Dec 31, 2021 | $22.8M3 Dec 31, 2020 | −41.5% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $268.8M3 Dec 31, 2021 | $284.6M3 Dec 31, 2020 | −5.6% |
| Intangible assets, net (excluding goodwill) | $86.5M3 Dec 31, 2021 | $101.1M3 Dec 31, 2020 | −14.4% |
| Finite-lived intangibles, gross | $128.6M3 Dec 31, 2021 | $128.6M3 Dec 31, 2020 | 0% |
| Accumulated amortization | $42.1M3 Dec 31, 2021 | $27.5M3 Dec 31, 2020 | +53.0% |
| Finite-lived intangibles, net | $86.5M3 Dec 31, 2021 | $101.1M3 Dec 31, 2020 | −14.4% |
Leadership
Who has led GTY Technology Holdings Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
Chief operating officer
- Chief executive officerCraig Ross Feb 9, 2021 to Mar 3, 20229
- Chief executive officerOmar Salaymeh Apr 23, 2021 to Mar 3, 202210
- Chief executive officerStephen J. Rohleder Feb 21, 2019 to Oct 10, 201911
- Chief executive officerCorry Flatt Nov 12, 2019 to Feb 8, 202112
- Chief executive officerDavid M. Farrell Nov 12, 2019 to Jul 7, 202213
- Chief executive officerJames Ha Nov 12, 2019 to May 4, 202114
- Chief executive officerJoel Mahoney Nov 12, 2019 to Jul 7, 202215
- Chief executive officerMichael J. Duffy Nov 12, 2019 to Jul 11, 202216
- Chief executive officerTj Parass Nov 12, 2019 to Jul 7, 202217
- Chief executive officerJoseph M. Tucci Oct 27, 2016 to Oct 27, 201618
- ChairJoseph M. Tucci Oct 27, 2016 to Oct 27, 201618
- PresidentTj Parass Feb 23, 2021 to Jul 7, 202219
- PresidentHarry L. You Oct 27, 2016 to Oct 27, 201618
- Chief financial officerJohn J. Curran Sep 3, 2019 to Jul 7, 202220
- Chief financial officerHarry L. You Oct 27, 2016 to Jun 7, 201918
- Chief operating officerDavid M. Farrell Feb 9, 2021 to Jul 7, 202221
Board members and other officers (17)
- CHIEF GROWTH OFFICERJames Ha Jan 4, 2022 to Jul 7, 202222
- SVP, Human ResourcesKaterina Goros Jan 5, 2022 to Jul 7, 202223
- OfficerCraig Ross Jul 7, 2022 to Jul 7, 202224
- OfficerOmar Salaymeh Jul 7, 2022 to Jul 7, 202225
- EVP, STRATEGY OF GTYCorry Flatt Oct 1, 2021 to Oct 1, 202126
- EVP, Gen. Counsel & SecretaryAlpa Fedor May 17, 2019 to May 20, 201927
- Controller and CAOJustin Kerr May 17, 2019 to Jul 7, 202228
- EVP, Head of SalesJohn Francis Albanese May 20, 2019 to May 20, 201929
- Exec. VP & Chief HR OfficerSuzanne R. Barth Oct 9, 2019 to Feb 12, 202030
- Board memberTj Parass Dec 18, 2020 to Dec 23, 202031
- Board memberJoseph M. Tucci Feb 21, 2019 to Jul 11, 202232
- Board memberCharles Wert Oct 27, 2016 to Jul 7, 202233
- Board memberHarry L. You Oct 27, 2016 to Jul 11, 202218
- Board memberPaul T. Dacier Oct 27, 2016 to Feb 21, 201934
- Board memberRandolph L. Cowen Oct 27, 2016 to Jul 7, 202235
- Board memberStephen J. Rohleder Oct 27, 2016 to Oct 10, 201936
- General counselAndrew Kopans Sep 13, 2019 to Feb 12, 202037
Timeline
- Jul 11, 20228-K Bylaws or fiscal year changed38
- Jul 7, 20228-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer39
- Jun 30, 20228-K Shareholder vote40
- Jun 22, 20228-K Shareholder vote41
- Jun 21, 20228-K Other events42
- May 9, 20228-K Results of operations43
- May 3, 20228-K Executive or director change44
- Apr 29, 20228-K Entered a material agreement; Other events45
- Apr 6, 20228-K Entered a material agreement46
- Feb 17, 20228-K Results of operations47
- Feb 7, 20228-K Entered a material agreement48
- Feb 4, 20228-K Entered a material agreement49
- Apr 23, 2021New chief executive Omar Salaymeh becomes CEO10
- Feb 9, 2021New chief executive Craig Ross becomes CEO9
- Nov 12, 2019New chief executive Tj Parass becomes CEO17
- Nov 12, 2019New chief executive Michael J. Duffy becomes CEO16
- Nov 12, 2019New chief executive Joel Mahoney becomes CEO15
- Nov 12, 2019New chief executive James Ha becomes CEO14
- Nov 12, 2019New chief executive David M. Farrell becomes CEO13
- Nov 12, 2019New chief executive Corry Flatt becomes CEO12
- Feb 21, 2019New chief executive Stephen J. Rohleder becomes CEO11
- Oct 27, 2016New chief executive Joseph M. Tucci becomes CEO18
Calendar
When it reported results
- May 9, 2022Reported quarterly or annual results43
- Feb 17, 2022Reported quarterly or annual results47
- Nov 4, 2021Reported quarterly or annual results50
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
106 filings to the SEC since October 2021: 1 annual reports, 2 quarterly reports, 14 major events, 57 insider forms, 5 large holders, 27 other. The latest 20:
- Jul 18, 202215-12G EDGAR
- Jul 13, 2022EFFECT EDGAR
- Jul 13, 2022EFFECT EDGAR
- Jul 13, 2022EFFECT EDGAR
- Jul 11, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 11, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 11, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 11, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 11, 20228-K EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
- Jul 7, 20224 OWNERSHIP DOCUMENT EDGAR
The 106 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
8 open-market trades by officers, directors and large owners since October 2021: 4 buys and 4 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 24, 2022 | Ross CraigSee Remarks | Sale | 20,000 | $4.25 | $85.0K | Form 4 |
| Feb 23, 2022 | Parass TJCEO and President | Buy | 6,400 | $4.49 | $28.7K | Form 4 |
| Dec 2, 2021 | Parass TJCEO and President | Buy | 30,000 | $6.44 | $193.2K | Form 4 |
| Dec 2, 2021 | Parass TJCEO and President | Buy | 30,000 | $6.45 | $193.5K | Form 4 |
| Nov 24, 2021 | Parass TJCEO and President | Buy | 15,414 | $6.79 | $104.7K | Form 4 |
| Nov 18, 2021 | Ross CraigSee Remarks | Sale | 15,000 | $7.50 | $112.5K | Form 4 |
| Nov 18, 2021 | Ross CraigSee Remarks | Sale | 15,000 | $7.50 | $112.5K | Form 4 |
| Nov 11, 2021 | Mahoney JoelCEO of Open Counter | Sale | 60,000 | $8.00 | $480.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Conifer Management, L.L.C.SC 13G/A, 2 filings Feb 14, 2022 to Jun 10, 202251
- Beryl Capital Management LLCSC 13G, 1 filing May 16, 202252
- MILLER VALUE PARTNERS, LLCSC 13G/A, 1 filing Feb 14, 202253
- OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC)SC 13G/A, 1 filing Feb 14, 202254
SEC filer profile
How GTY Technology Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGTY Technology Holdings Inc.1
- CIK0001682325
- Employer ID (EIN)83-28601491
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Fiscal year endsDecember 311
- Industry code (SIC)7374 Services-Computer Processing & Data Preparation1
- Business address800 Boylston Street, 16Th Floor, Boston, MA 021991
- Phone87746532001
- Shares outstanding59,409,278 as of May 13, 20226
- Public float$272.0M as of Jun 30, 20213
- On EDGAR sinceAug 23, 20161
- Filings418 in all: 4 (134), 8-K (75), SC 13G/A (29), 3 (24), 425 (18), 10-Q (17), SC 13G (16), 4/A (15)1
All 41 form types
424B3 (11), EFFECT (8), CORRESP (7), 10-K (6), DEF 14A (6), 3/A (5), 424B5 (4), DEFA14A (4), POS AM (4), S-3/A (4), UPLOAD (4), 25-NSE (3), S-3 (3), 424B4 (2), 10-K/A (1), 15-12G (1), 8-A12B (1), 8-K12B/A (1), CERTNAS (1), DEFM14A (1), DEFR14A (1), DRS (1), NT 10-Q (1), PRE 14A (1), PREM14A (1), PRER14A (1), S-1 (1), S-1/A (1), S-1MEF (1), S-4 (1), S-8 (1), S-8 POS (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Feb 18, 2022
Quarterly report (10-Q) May 13, 2022
Proxy statement (DEF 14A) Apr 26, 2022
Latest 8-K (8-K) Jul 11, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9SEC EDGARCraig Ross, Chief executive officer
- 10
- 11
- 12SEC EDGARCorry Flatt, Chief executive officer
- 13
- 14SEC EDGARJames Ha, Chief executive officer
- 15
- 16
- 17SEC EDGARTj Parass, Chief executive officer
- 18
- 19SEC EDGARTj Parass, President
- 20
- 21
- 22SEC EDGARJames Ha, CHIEF GROWTH OFFICER
- 23SEC EDGARKaterina Goros, SVP, Human Resources
- 24SEC EDGARCraig Ross, Officer
- 25SEC EDGAROmar Salaymeh, Officer
- 26SEC EDGARCorry Flatt, EVP, STRATEGY OF GTY
- 27
- 28SEC EDGARJustin Kerr, Controller and CAO
- 29
- 30
- 31SEC EDGARTj Parass, Board member
- 32SEC EDGARJoseph M. Tucci, Board member
- 33SEC EDGARCharles Wert, Board member
- 34SEC EDGARPaul T. Dacier, Board member
- 35SEC EDGARRandolph L. Cowen, Board member
- 36SEC EDGARStephen J. Rohleder, Board member
- 37SEC EDGARAndrew Kopans, General counsel
- 38SEC EDGARBylaws or fiscal year changed
- 39
- 40SEC EDGARShareholder vote
- 41SEC EDGARShareholder vote
- 42SEC EDGAROther events
- 43SEC EDGARResults of operations
- 44SEC EDGARExecutive or director change
- 45
- 46SEC EDGAREntered a material agreement
- 47SEC EDGARResults of operations
- 48SEC EDGAREntered a material agreement
- 49SEC EDGAREntered a material agreement
- 50
- 51
- 52
- 53
- 54