Company Overview - CTG's 2021 revenue was $3923 million, with adjusted EBITDA of $181 million and non-GAAP EPS of $064[9] - CTG has 3450 professionals, operates in 8 countries, and serves 650 clients worldwide[10] - Revenue by geography: North America accounts for 56% and Europe for 44%[9] - Revenue by segment: Europe IT Solutions and Services is 43%, North America IT Solutions and Services is 26%, and Tech Services is 31%[10] Market Opportunity and Strategy - The digital business process services market is projected to reach over $106 billion by 2024, with a CAGR of 108%[16] - The cloud consulting and implementation services market is expected to exceed $205 billion by 2025, with an 11% CAGR[16] - By 2026, 90% of large organizations will use external service providers to migrate applications to the cloud, up from 53% in 2020[15] Financial Performance - CTG Q2 2022 revenue was $828 million, with adjusted EBITDA of $42 million and a 51% adjusted EBITDA margin[49] - CTG Q2 2022 non-GAAP diluted EPS was $015[49] - The company's non-GAAP operating margin in 2021 was 36%, and the adjusted EBITDA margin was 46%[51] - From 2018 to 2021, CTG's non-GAAP operating income had a CAGR of 429%, and adjusted EBITDA had a CAGR of 249%[51]
Computer Task Group presents at 13th Annual Midwest IDEAS Conference - Slideshow