The first quarter of fiscal year 2010, application software sales up 14% to 8.2 million U.S. dollars, compared with 720 million. As of the end of the first quarter, has signed a contract but not paid regular income (contracted and unrecognized recurring revenue) amounted to 52.5 million U.S. dollars, in the previous quarter to 49.2 million U.S. dollars. The first quarter of fiscal year 2010, license revenue (license revenue) for the 7.9 million U.S. dollars, signed in the quarter, the new software as a service (hereinafter referred to as "SaaS") total contract value of 30 million. SaaS enterprise contract and the first quarter of the number of contracts for the 299, 252 over the same period last year grew by about by 18.7%.
Non-GAAP basis, a quarter of total recurrent revenue for the 27.5 million U.S. dollars over last year's 24.2 million U.S. dollars up 14%. A quarter of service revenues for the 15.3 million U.S. dollars, compared to 18.7 million U.S. dollars.
Non-GAAP basis, first quarter net profit of 800 million, or approximately 0.28 U.S. dollars per share, a year earlier to 830 U.S. dollars, 0.29 U.S. dollars per share. Adjusted profit before interest, tax, depreciation and amortization (EBITDA) for the 10.6 million U.S. dollars, a year earlier to 12.7 million U.S. dollars. Adjusted profit before interest, tax, depreciation and amortization was 20%, 25% over the same period last year. Cash flow from operations was 5.5 million U.S. dollars, in the previous quarter to 6.7 million U.S. dollars.
Bruce Cameron, president of CDC Software , said: "CDC Software's development strategy is to emphasize recurring revenue, in the next few years, regular income to total revenue 70% in SaaS revenue to reach the end of 2011 20%. The current SaaS business is strong, and as of early second quarter, the company has received 800,000 U.S. dollars SaaS revenue. the company through the integration of SaaS acquisition, investment SaaS business, training staff and strengthening the performance of data centers and other initiatives to develop SaaS business, but also increasing investment in R & D, Central R & D expenditure in the first quarter rose by 26%. "
CDC Software's SaaS acquisition strategy is focused on the company to complement the existing SaaS solutions company, which also called for the acquisition will immediately increase the company's revenue, and gradually increase the company's profit margin before interest, tax, depreciation and amortization. CDC Software since the fourth quarter of fiscal 2009 were three times Porsche Carrera dependent on cloud computing and business-related mergers and acquisitions before the end of this year will be more similar acquisitions.
