Page 1

CMG COMPUTER MODELLING GROUP LTD . 3710 33rd Street NW Tel : +1.403.531.1300 Calgary , AB , T2L 2M1 Canada Fax : +1.403.289.8502 cmgl@cmgl.ca www.cmgl.ca COMPUTER MODELLING GROUP ANNOUNCES YEAR END RESULTS CALGARY , Alberta , May 20 , 2021 ( GlobeNewswire ) - Computer Modelling Group Ltd. ( " CMG " or the " Company " ) announces its financial results for year ended March 31 , 2021 . Annual Performance ( $ thousands , unless otherwise stated ) Annuity / maintenance licenses Perpetual licenses Software licenses Professional services Total revenue Operating profit March 31 , 2021 March 31 , 2020 March 31 , 2019 55,934 63,974 63,800 3,619 4,672 5,000 59,553 68,646 68,800 7,810 7,140 6,057 67,363 75,786 74,857 30,565 31,751 29,554 Operating profit ( % ) 45 % 42 % 39 % Net income for the year 20,190 23,485 22,135 EBITDA ( 1 ) 34,836 36,111 31,507 Cash dividends declared and paid 16,055 32,097 32,090 Funds flow from operations 26,283 28,765 25,593 Free cash flow ( 1 ) 24,473 26,547 24,851 Total assets 122,491 120,866 90,305 Total shares outstanding 80,286 80,249 80,227 Trading price per share at March 31 5.75 3.83 6.15 Market capitalization at March 31 461,645 307,353 493,396 Per share amounts - ( $ / share ) Earnings per share - basic and diluted 0.25 0.29 0.28 Cash dividends declared and paid 0.20 0.40 0.40 Funds flow from operations per share - basic 0.33 0.36 0.32 Free cash flow per share - basic ( 1 ) 0.30 0.33 0.31 ( 1 ) Non - IFRS financial measures are defined in the " Non - IFRS Financial Measures " section .