BGSF Inc (N:BGSF)

Business Focus: Human Resources Consulting Services

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
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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

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