RE: Question on MAPICS services

Dale,
 
Someone may want to pipe up but when we did Essentials I had to ask MAPICS what 
the financials meant and strangely enough they told me. Now if I can only 
remember and try to amaze Jeff some more...
 
I think what we know as ALF is a combination of maintenance fee and annual 
license fee and I would imagine most of it is included under services. Remember 
they report all three products now and do not split the $$$ so the most tell 
tale figure is new license fees as to what growth actually is. It would be a 
little better for us if they split the two items since one is state taxable in 
Georgia and the other is not. Right now because one is taxable we pay taxes on 
all of it. 
 
I would also assume that most of the added revenue is from folding in the 
Syteline products since I do not believe it was part of the financials in this 
quarter last year.
 
Regards
 
Konrad
 
 

        -----Original Message----- 
        From: DaleGindlesperger@xxxxxxxxxxx 
[mailto:DaleGindlesperger@xxxxxxxxxxx] 
        Sent: Mon 11/10/2003 11:01 AM 
        To: MAPICS ERP System Discussion 
        Cc: 
        Subject: Question on MAPICS services
        
        


        I'm probably going to feel dumb on this one, but surely someone knows 
the
        answer to this.....
        
        Did anone see MAPICS' posting of their financial results?  They were
        profitable again (which is good by my reckoning).  But the article says:
        
                                                                                
               
            . Year-to-year comparisons of MAPICS's fourth-quarter revenues look 
promising:     
            License revenue increased 31 percent, to $12.1 million; services 
revenue increased 
            55 percent, to $33 million; total revenue increased nearly 48 
percent, to $45.1    
            million.                                                            
               
                                                                                
               
        
        
        
        This is an excerpt from a Midrange Systems article,
        http://www.midrangeserver.com/tfh/tfh111003-story06.html
        
        I figure "License revenue" must be new sales and ALFs, but what are
        "services" as in "services revenue"?  What services does MAPICS do?  
I've
        been using MAPICS since 1986, and have no idea what this means - but it
        appears to be 73% of their revenue.  I just buy modules, and pay my 
ALFs.
        That doesn't qualify as services in my book.....
        
        
        Dale Gindlesperger
        IT Manager/Special Projects Leader
        Fleetwood Folding Trailers, Inc.
        Somerset, PA
        
        
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