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CMG COMPUTER MODELLING GROUP LTD . 3710 33rd Street NW Calgary , AB , T2L 2M1 ▪ Canada Tel : +1.403.531.1300 ▪ Fax : +1.403.289.8502 cmgl@cmgl.ca www.cmgl.ca COMPUTER MODELLING GROUP ANNOUNCES THIRD QUARTER RESULTS CALGARY , Alberta , February 9 , 2021 ( GlobeNewswire ) - Computer Modelling Group Ltd. ( " CMG " or the " Company " ) announces its financial results for the three and nine months ended December 31 , 2020 . Quarterly Performance Fiscal 2019 ( $ thousands , unless otherwise stated ) Annuity / maintenance licenses Perpetual licenses Software licenses Professional services Total revenue Q4 Q1 Q2 Q3 Fiscal 2020 Q4 Fiscal 2021 Q1 16,734 2,891 19,625 16,915 1,513 1,208 21,138 18,123 15,756 16,373 1,159 1,146 17,519 16,612 964 15,233 1,403 14,523 Q2 14,144 Q3 13,477 1,775 660 17,576 16,636 14,523 15,919 14,137 2,354 1,699 1,879 2,149 1,933 1,901 19,873 19,275 18,515 16,672 17,852 16,038 Operating profit 9,343 Operating profit ( % ) 47 Profit before income and other taxes 9,350 Income and other taxes Net income for the period EBITDA ( 1 ) Cash dividends declared and paid 8,023 8,022 8,026 8,750 7,068 41 39 8,400 6,439 2,426 1,997 2,482 1,942 5,974 4,442 6,868 5,112 7,063 3,262 9,250 8,118 10,426 8,644 8,923 6,767 8,024 7,538 7,802 5,711 9,861 8,437 39 42 34 55 53 7,054 9,613 4,405 9,360 7,410 2,550 1,143 2,600 1,535 6,760 5,875 8,025 Funds flow from operations 7,024 6,097 7,787 7,366 7,515 10,933 9,509 4,013 4,013 4,015 4,703 7,991 7,322 Free cash flow ( 1 ) 6,948 5,707 7,274 6,726 6,840 4,239 7,474 7,005 Per share amounts - ( $ / share ) Earnings per share ( EPS ) - basic and diluted 0.07 0.06 0.09 0.06 0.09 0.04 0.08 0.07 Cash dividends declared and paid 0.10 0.10 0.10 0.10 0.10 0.05 0.05 0.05 Funds flow from operations per share - basic 0.09 0.08 0.10 0.09 0.09 0.06 0.10 0.09 Free cash flow per share - basic ( 1 ) 0.09 0.07 0.09 0.08 0.09 0.05 0.09 0.09 ( 1 ) Non - IFRS financial measures are defined in the " Non - IFRS Financial Measures " section .