FAQs
When was QAD founded and by whom?
QAD was founded in 1979 by Pamela Meyer Lopker, the company's current president.
When was QAD's initial public offering (IPO)?
QAD stock began trading as of its initial public offering on August 6, 1997.
Have there been any additional public offerings of QAD stock?
QAD completed an underwritten public offering that included 2,000,000 Class A shares sold by the company at $20 per share, which closed in January 2015. In February 2015, the offering underwriters exercised an option to purchase 450,000 additional Class A shares from the company.
Does QAD have preferred stock?
No preferred stock has been issued, although 5 million shares are authorized.
Does QAD pay a dividend on its common stock?
Yes. Click here for a detailed summary of our dividend payments.
Does QAD offer a dividend reinvestment plan (DRIP)?
QAD does not have a dividend reinvestment plan, and presently does not anticipate establishing one.
Does QAD have a direct stock purchase program?
QAD does not have a direct stock purchase program, and presently does not anticipate establishing one.
How many shares of common stock does QAD have outstanding?
QAD has approximately 17 million shares of Class A common stock outstanding and 3.3 million shares of Class B common stock outstanding.
When does QAD's fiscal year end?
QAD's fiscal year ends January 31.
How many people does QAD employ?
As of January 31, 2019, QAD had approximately 1,970 full-time employees worldwide. This information is updated annually in the company’s 10-K filing.
Can you break down the sources of QAD revenues?
For the fiscal year ended January 31, 2020, QAD generated approximately 35% of its revenue from selling subscriptions, which includes QAD's cloud deployment option, approximately 5% from software licenses, approximately 22% from professional services, which includes implementations, technical, learning and support services, and approximately 38% from software maintenance.
Who is QAD's stock transfer agent?
The transfer agent is American Stock Transfer & Trust Company, LLC. Their phone number is 800-937-5449.
Who is QAD's independent registered public accounting firm?
KPMG, LLP in Los Angeles is the accounting firm.