Sector: Industrials | Industry: Employment Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 5850 Granite Pkwy Ste 730 PLANO TX 75024-6748 |
Tel: | N/A |
Website: | https://bgsf.com |
IR: | See website |
Key People | ||
Beth A. Garvey Chairman of the Board, President, Chief Executive Officer | John R. Barnett Chief Financial Officer, Company Secretary |
Business Overview |
BGSF, Inc. is a provider of consulting, managed services, and professional workforce solutions. The Company operates through two segments: Property Management and Professional. The Property Management segment is a provider of office and maintenance talent. It operates in 38 states and D.C. The Professional segment provides specialized talent and business consultants for information technology (IT), managed services, finance, accounting, legal and human resources. The segment operates across the United States in three divisions: IT, Managed Solutions, and Finance & Accounting, with the IT division providing additional nearshore and offshore solutions in Colombia and India. Its client partners include Fortune 500 companies, medium and small companies, as well as consulting firms engaged in systems integration projects. Its workforce services consist of on-demand or short-term assignments, consulting services, managed services and on-site management administration. |
Financial Overview |
For the fiscal year ended 31 December 2023, BGSF Inc revenues increased 5% to $313.2M. Net loss before extraordinary items totaled $10.2M vs. income of $11.3M. Revenues reflect Professional segment increase of 6% to $188.1M, Real Estate segment increase of 3% to $125.1M. Net loss reflects Professional segment loss totaling $10.3M vs. income of $15.6M, Home office segment loss increase of 5% to $20.1M. Dividend per share remained flat at $0.60. |
Employees: | 474 as of Feb 7, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $313.17M as of Dec 31, 2023 |
EBITDA (TTM): | $24.11M as of Dec 31, 2023 |
Net annual income (TTM): | -$10.22M as of Dec 31, 2023 |
Free cash flow (TTM): | $11.28M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $63.11M as of Dec 31, 2023 |
Shares outstanding: | 10,887,509 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |