Financial Profile

Verity, Inc., (VRTY:NASDAQ) is a leading provider of enterprise software solutions that help organizations maximize the return on their intellectual capital investment by utilizing Verity’s industry-leading search, classification and personalization technologies. Verity products are used by more than 3,500 private and public organizations worldwide, and Verity technology is integrated into leading e-business applications.
 
Approximate Employees: 383
FYE 5/31
2003
2002
2001
2000
Total Revenues ($000)
101,950
93,765
145,035
96,100
Net Income ($000)
11,641
1,409
33,760
33,010
Net Income Percent Change (%)
726.19
1.50
23.28
34.35
Profit Margin (%) 
11.42
na
2.27
172.14
Shareholders Equity ($000)
291,631
264,265
264,144
183,634
Return Shareholders Equity (%) 
4.41
0.53
18.38
76.03
Shareholders Equity/Share
7.76
7.11
7.21
5.26
Earnings per share
0.31
0.04
0.92
0.95
Shares Outstanding (000)
37,595
37,169
36,649
34,886

Company reported for the third quarter ended 2/29/04 earnings* of $5,143,000 or $0.13 per share on revenues of $30,541,000 vs. earnings* of $4,802,000 or $0.13 per share on revenues of $27,844,000 for the same period last year.

Company reported for the nine months ended 2/29/04 earnings* of $11,958,000 or $0.30 per share on revenues of $86,042,000 vs. earnings* of $9,163,000 or $0.25 per share on revenues of $72,745,000 for the same period last year.

*Pro forma

COMPANY CONTACT: Robert Roepke, Investor Relations Department (408) 542-2262

Return to Corporate Window Clients