Sector: Industrials | Industry: Employment Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Building 210 1305 Cherrington Pkwy Ste 400 MOON TOWNSHIP PA 15108-4355 |
Tel: | N/A |
Website: | https://www.mastechdigital.com |
IR: | See website |
Key People | ||
Ashok Trivedi Co-Chairman of the Board | Sunil Wadhwani Co-Chairman of the Board | Vivek Gupta President, Chief Executive Officer, Director | John J. Cronin Chief Financial Officer, Corporate Secretary |
Business Overview |
Mastech Digital, Inc. is a provider of digital transformation information technology (IT) services. The Company offers data management and analytics solutions, digital learning, and IT staffing services with a digital first approach. The Company operates through two segments: Data and Analytics Services, and IT Staffing Services. Its Data and Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics and cloud services to customers globally. Each of these services can be delivered using on-site and offshore resources. Its IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital and mainstream technologies. Its digital technology services include data management and analytics, cloud, mobility, social and automation. Its digital transformation services also include staffing and project-based services around digital learning. |
Financial Overview |
For the fiscal year ended 31 December 2023, Mastech Digital Inc revenues decreased 17% to $201.1M. Net loss totaled $7.1M vs. income of $8.7M. Revenues reflect IT staffing services segment decrease of 17% to $166.7M, Data and analytics services segment decrease of 15% to $34.4M, United States segment decrease of 16% to $197.2M, Canada segment decrease of 41% to $2.5M, India and Other segment decrease of 25% to $1.4M. |
Employees: | 1,397 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $83.25M as of Dec 31, 2023 |
Annual revenue (TTM): | $201.10M as of Dec 31, 2023 |
EBITDA (TTM): | $5.33M as of Dec 31, 2023 |
Net annual income (TTM): | -$7.14M as of Dec 31, 2023 |
Free cash flow (TTM): | $15.64M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 11,598,449 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |