Summary of Financial Information Related to Company's Reportable Business Segments |
Summarized financial information related to the Company’s reportable business segments for the periods presented is shown below:
|
|
Technology
Solutions |
|
|
Concentrix |
|
|
Inter-Segment
Elimination |
|
|
Consolidated |
|
Three months ended August 31, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue |
|
$ |
5,306,361 |
|
|
$ |
1,163,694 |
|
|
$ |
(5,273 |
) |
|
$ |
6,464,782 |
|
External revenue |
|
|
5,306,361 |
|
|
|
1,158,421 |
|
|
|
|
|
|
|
6,464,782 |
|
Operating income |
|
|
132,373 |
|
|
|
76,763 |
|
|
|
— |
|
|
|
209,136 |
|
Three months ended August 31, 2019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue |
|
$ |
5,047,970 |
|
|
$ |
1,160,928 |
|
|
$ |
(5,240 |
) |
|
$ |
6,203,659 |
|
External revenue |
|
|
5,047,968 |
|
|
|
1,155,690 |
|
|
|
|
|
|
|
6,203,659 |
|
Operating income |
|
|
138,830 |
|
|
|
70,025 |
|
|
|
— |
|
|
|
208,855 |
|
Nine months ended August 31, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue |
|
$ |
13,858,313 |
|
|
$ |
3,418,676 |
|
|
$ |
(15,371 |
) |
|
$ |
17,261,619 |
|
External revenue |
|
|
13,858,313 |
|
|
|
3,403,305 |
|
|
|
— |
|
|
|
17,261,619 |
|
Operating income |
|
|
320,962 |
|
|
|
188,554 |
|
|
|
— |
|
|
|
509,515 |
|
Nine months ended August 31, 2019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue |
|
$ |
13,695,729 |
|
|
$ |
3,495,076 |
|
|
$ |
(14,805 |
) |
|
$ |
17,176,000 |
|
External revenue |
|
|
13,695,725 |
|
|
|
3,480,275 |
|
|
|
— |
|
|
|
17,176,000 |
|
Operating income |
|
|
352,594 |
|
|
|
192,879 |
|
|
|
— |
|
|
|
545,473 |
|
Total assets as of August 31, 2020 |
|
$ |
11,164,679 |
|
|
$ |
5,110,950 |
|
|
$ |
(3,012,522 |
) |
|
$ |
13,263,107 |
|
Total assets as of November 30, 2019 |
|
$ |
10,312,512 |
|
|
$ |
4,645,475 |
|
|
$ |
(3,260,027 |
) |
|
$ |
11,697,960 |
|
|
Summary of Revenue and Property and Equipment, Net |
Shown below are the countries that accounted for 10% or more of the Company’s revenue and property and equipment, net, for the periods presented:
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
|
August 31, 2020 |
|
|
August 31, 2019 |
|
|
August 31, 2020 |
|
|
August 31, 2019 |
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
$ |
4,650,397 |
|
|
$ |
4,181,667 |
|
|
$ |
11,576,670 |
|
|
$ |
11,327,961 |
|
Others |
|
|
1,814,385 |
|
|
|
2,021,992 |
|
|
|
5,684,948 |
|
|
|
5,848,039 |
|
Total |
|
$ |
6,464,782 |
|
|
$ |
6,203,659 |
|
|
$ |
17,261,619 |
|
|
$ |
17,176,000 |
|
|
|
As of |
|
|
|
August 31, 2020 |
|
|
November 30, 2019 |
|
Property and equipment, net: |
|
|
|
|
|
|
|
|
United States |
|
$ |
279,008 |
|
|
$ |
287,679 |
|
Philippines |
|
|
69,315 |
|
|
|
63,421 |
|
Others |
|
|
235,628 |
|
|
|
218,799 |
|
Total |
|
$ |
583,951 |
|
|
$ |
569,899 |
|
|