HireQuest, Inc. (HQI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
111 SPRINGHALL DRIVE GOOSE CREEK, SC 29445 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7363 - Help Supply Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,219 | 1,342 | 3,049 | 1,256 | 13,667 | 4,187 | |||
| Cash and cash equivalent | 2,219 | 1,342 | 3,049 | 1,256 | 13,667 | 4,187 | |||
| Receivables | 43,514 | 46,182 | 46,545 | 39,720 | 23,523 | 31,621 | |||
| Prepaid expense | 2,413 | 3,283 | 1,833 | 659 | 344 | 823 | |||
| Disposal group, including discontinued operation | 201 | ||||||||
| Other current assets | 189 | ||||||||
| Other undisclosed current assets | 1,094 | 646 | 503 | 369 | 1,435 | ||||
| Total current assets: | 49,240 | 51,453 | 51,930 | 42,004 | 38,969 | 37,021 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4,149 | 4,280 | 4,353 | 4,454 | 3,193 | 1,901 | |||
| Long-term investments and receivables | 6,664 | 7,834 | 2,675 | 2,686 | 5,887 | 7,990 | |||
| Accounts and financing receivable, after allowance for credit loss | 6,664 | 7,834 | 2,675 | 2,686 | 5,887 | 7,990 | |||
| Intangible assets, net (including goodwill), including: | 28,179 | 31,602 | 33,834 | 26,926 | 343 | ||||
| Goodwill | 1,633 | 5,870 | 5,870 | ||||||
| Intangible assets, net (excluding goodwill) | 51,792 | 57,398 | 61,862 | 26,926 | 343 | ||||
| Other undisclosed intangible assets, net (including goodwill) | (25,246) | (31,666) | (33,898) | ||||||
| Deposits noncurrent assets | 1,127 | 1,469 | 1,231 | 948 | 623 | ||||
| Disposal group, including discontinued operation, noncurrent assets | 891 | 891 | 3,065 | ||||||
| Deferred income tax assets | 2,073 | 325 | 79 | ||||||
| Other noncurrent assets | 57 | 102 | 325 | 334 | |||||
| Other undisclosed noncurrent assets | 1,633 | 5,870 | 5,870 | ||||||
| Total noncurrent assets: | 44,773 | 52,373 | 51,353 | 35,347 | 10,126 | 9,891 | |||
| TOTAL ASSETS: | 94,013 | 103,826 | 103,283 | 77,352 | 49,095 | 46,912 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 6,330 | 8,294 | 9,402 | 9,304 | 5,301 | 5,589 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 8,178 | 3,521 | 3,442 | ||
| Accounts payable | 174 | 137 | 448 | 1,126 | 457 | 254 | |||
| Accrued liabilities | 6,156 | 8,157 | 8,954 | 1,323 | 1,894 | ||||
| Debt | 6,917 | 14,633 | 13,247 | ||||||
| Other liabilities | 2,018 | 2,338 | 3,408 | 2,658 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 67 | |||||
| Other undisclosed current liabilities | 8,831 | 10,446 | 10,723 | 9,510 | 4,087 | 5,423 | |||
| Total current liabilities: | 24,096 | 35,711 | 36,780 | 21,471 | 9,456 | 11,012 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 132 | 3,291 | |||||||
| Long-term debt, excluding current maturities | 132 | 3,291 | |||||||
| Liabilities, other than long-term debt | 2,707 | 2,766 | 2,633 | 4,231 | 1,806 | 3,205 | |||
| Accounts payable and accrued liabilities | 2,707 | 2,766 | 2,573 | 3,759 | 1,806 | 1,517 | |||
| Deferred income tax liabilities | 60 | 473 | 1,688 | ||||||
| Other undisclosed noncurrent liabilities | 2,406 | 2,485 | 2,325 | 4,914 | 1,468 | 1,413 | |||
| Total noncurrent liabilities: | 5,113 | 5,383 | 8,249 | 9,145 | 3,275 | 4,618 | |||
| Total liabilities: | 29,209 | 41,094 | 45,029 | 30,617 | 12,731 | 15,630 | |||
| Equity | |||||||||
| Equity, attributable to parent | 64,804 | 62,732 | 58,254 | 46,735 | 36,364 | 31,282 | |||
| Common stock | 14 | 14 | 14 | 14 | 14 | 14 | |||
| Treasury stock, value | (146) | (146) | (146) | (146) | (146) | ||||
| Additional paid in capital | 36,286 | 34,527 | 32,844 | 30,473 | 28,811 | 27,585 | |||
| Retained earnings | 28,650 | 28,337 | 25,542 | 16,395 | 7,686 | 3,684 | |||
| Total equity: | 64,804 | 62,732 | 58,254 | 46,735 | 36,364 | 31,282 | |||
| TOTAL LIABILITIES AND EQUITY: | 94,013 | 103,826 | 103,283 | 77,352 | 49,095 | 46,912 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 34,598 | 37,882 | 30,952 | 22,760 | 13,809 | 15,876 | ||
| Cost of revenue | (424) | (540) | (171) | |||||
| Provision for loan, lease, and other losses | (424) | (540) | ||||||
| Gross profit: | 34,174 | 37,342 | 30,952 | 22,589 | 13,809 | 15,876 | ||
| Operating expenses | (30,230) | (27,241) | (14,914) | (14,927) | (8,830) | (13,092) | ||
| Other undisclosed operating income | 424 | 540 | ||||||
| Operating income: | 4,368 | 10,641 | 16,038 | 7,662 | 4,979 | 2,784 | ||
| Nonoperating income (expense) | 701 | (1,475) | (1,800) | 4,983 | 1,171 | 751 | ||
| Investment income, nonoperating | 556 | 263 | 247 | 412 | ||||
| Other nonoperating income (expense) | 145 | (1,738) | (2,047) | 4,571 | 1,171 | 751 | ||
| Interest and debt expense | (1,386) | (368) | (157) | (50) | (560) | |||
| Income from continuing operations before equity method investments, income taxes: | 5,069 | 7,780 | 13,870 | 12,488 | 6,100 | 2,976 | ||
| Other undisclosed loss from continuing operations before income taxes | (923) | |||||||
| Income from continuing operations before income taxes: | 4,146 | 7,780 | 13,870 | 12,488 | 6,100 | 2,976 | ||
| Income tax expense | (221) | (1,345) | (1,895) | (638) | (741) | (3,481) | ||
| Income (loss) from continuing operations: | 3,925 | 6,435 | 11,975 | 11,850 | 5,359 | (505) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 11,850 | 5,359 | (290) | |
| Income (loss) from discontinued operations | (300) | 483 | 215 | |||||
| Other undisclosed net income | ||||||||
| Net income (loss): | 3,925 | 6,135 | 12,458 | 11,850 | 5,359 | (290) | ||
| Other undisclosed net loss attributable to parent | (253) | |||||||
| Net income (loss) available to common stockholders, diluted: | 3,672 | 6,135 | 12,458 | 11,850 | 5,359 | (290) | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3,925 | 6,135 | 12,458 | 11,850 | 5,359 | (290) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,925 | 6,135 | 12,458 | 11,850 | 5,359 | (290) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.