NV5 Global, Inc. (NVEE) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
200 SOUTH PARK ROAD HOLLYWOOD, FL 33021 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 738 - Miscellaneous Business Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 31,341 | 38,541 | 54,171 | 44,422 | 81,948 | 47,980 | |||
| Cash and cash equivalents | 31,341 | 38,541 | 54,171 | 44,422 | 81,948 | 47,980 | |||
| Receivables | 145,799 | 145,637 | 141,308 | 139,959 | 129,990 | 153,814 | |||
| Contract with customer, asset, after allowance for credit loss | 111,351 | 92,862 | 98,081 | 93,486 | 87,627 | 89,734 | |||
| Other undisclosed current assets | 13,194 | 13,636 | 20,896 | 13,159 | 8,758 | 12,442 | |||
| Total current assets: | 301,685 | 290,676 | 314,456 | 291,026 | 308,323 | 303,970 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 3,446 | 1,926 | 2,217 | 2,251 | 2,197 | ||||
| Operating lease, right-of-use asset | 38,776 | 39,314 | 38,008 | 40,595 | 41,899 | 44,260 | |||
| Intangible assets, net (including goodwill) | 696,753 | 561,388 | 566,206 | 573,143 | 570,035 | 578,140 | |||
| Goodwill | 483,236 | 400,957 | 398,614 | 394,760 | 389,954 | 389,916 | |||
| Intangible assets, net (excluding goodwill) | 213,517 | 160,431 | 167,592 | 178,383 | 180,081 | 188,224 | |||
| Other noncurrent assets | 3,215 | 2,705 | 2,427 | 2,639 | 3,299 | 2,844 | |||
| Other undisclosed noncurrent assets | 49,438 | 38,194 | 39,116 | 37,340 | 34,046 | 30,532 | |||
| Total noncurrent assets: | 788,182 | 645,047 | 647,683 | 655,934 | 651,530 | 657,973 | |||
| TOTAL ASSETS: | 1,089,867 | 935,723 | 962,139 | 946,960 | 959,853 | 961,943 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 104,406 | 102,084 | 126,123 | 122,306 | 106,169 | 106,415 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 18,920 | 18,861 | ✕ | |||
| Accounts payable | 48,333 | 57,771 | 48,722 | 52,310 | 48,126 | 55,954 | |||
| Accrued liabilities | 56,073 | 44,313 | 58,481 | 51,135 | 58,043 | 50,461 | |||
| Debt | 14,832 | 15,176 | 18,140 | 18,932 | 18,335 | 20,734 | |||
| Business combination, contingent consideration, liability | 10,606 | 10,854 | 9,224 | 9,772 | 2,747 | 5,807 | |||
| Other liabilities | 1,556 | 1,597 | 1,421 | 1,454 | 1,266 | 1,551 | |||
| Other undisclosed current liabilities | 37,327 | 31,183 | 8,966 | 3,764 | 24,345 | 29,444 | |||
| Total current liabilities: | 168,727 | 160,894 | 163,874 | 156,228 | 152,862 | 163,951 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 153,084 | 39,673 | 63,238 | 73,839 | 107,931 | 111,062 | |||
| Finance lease, liability | 2,132 | 928 | 1,102 | 1,079 | 990 | ||||
| Other undisclosed long-term debt and lease obligation | 153,084 | 37,541 | 35,236 | 43,379 | 75,912 | 76,903 | |||
| Liabilities, other than long-term debt | 48,186 | 40,916 | 52,670 | 55,950 | 59,557 | 62,210 | |||
| Deferred income tax liabilities | 16,853 | 6,893 | 21,097 | 22,366 | 23,476 | 25,385 | |||
| Other liabilities | 28,638 | 29,542 | 28,760 | 30,564 | 32,097 | 34,304 | |||
| Operating lease, liability | 27,074 | 29,358 | 30,940 | 33,169 | |||||
| Business combination, contingent consideration, liability | 2,695 | 4,481 | 2,813 | 3,020 | 3,984 | 2,521 | |||
| Total noncurrent liabilities: | 201,270 | 80,589 | 115,908 | 129,789 | 167,488 | 173,272 | |||
| Total liabilities: | 369,997 | 241,483 | 279,782 | 286,017 | 320,350 | 337,223 | |||
| Equity | |||||||||
| Equity, attributable to parent | 719,870 | 694,240 | 682,357 | 660,943 | 639,503 | 624,720 | |||
| Common stock | 157 | 155 | 156 | 155 | 155 | 154 | |||
| Additional paid in capital | 490,981 | 471,300 | 467,416 | 462,066 | 457,894 | 451,754 | |||
| Accumulated other comprehensive loss | |||||||||
| Retained earnings | 228,732 | 222,785 | 214,785 | 198,722 | 181,454 | 172,812 | |||
| Total equity: | 719,870 | 694,240 | 682,357 | 660,943 | 639,503 | 624,720 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,089,867 | 935,723 | 962,139 | 946,960 | 959,853 | 961,943 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 18,430 | 319,039 | 2,421 | 6,068 | 16,010 | 285,742 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (88,319) | (96,845) | (104,140) | (103,492) | (96,327) | (91,045) | ||
| Other undisclosed gross profit | 165,887 | (129,221) | 201,654 | 196,664 | 174,144 | (97,187) | ||
| Gross profit: | 95,998 | 92,973 | 99,935 | 99,240 | 93,827 | 97,510 | ||
| Operating expenses | (87,013) | (80,267) | (81,612) | (76,640) | (81,273) | (76,224) | ||
| Operating income: | 8,985 | 12,706 | 18,323 | 22,600 | 12,554 | 21,286 | ||
| Interest and debt expense | (1,581) | (1,004) | (1,003) | (887) | (914) | (877) | ||
| Income from continuing operations before income taxes: | 7,404 | 11,702 | 17,320 | 21,713 | 11,640 | 20,409 | ||
| Income tax expense | (1,457) | (3,702) | (1,257) | (4,445) | (2,998) | (4,953) | ||
| Income from continuing operations: | 5,947 | 8,000 | 16,063 | 17,268 | 8,642 | 15,456 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 16,063 | 17,268 | 8,642 | 15,456 | |
| Net income available to common stockholders, diluted: | 5,947 | 8,000 | 16,063 | 17,268 | 8,642 | 15,456 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 5,947 | 8,000 | 16,063 | 17,268 | 8,642 | 15,456 | ||
| Comprehensive income: | 5,947 | 8,000 | 16,063 | 17,268 | 8,642 | 15,456 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | ||||||||
| Comprehensive income, net of tax, attributable to parent: | 5,947 | 8,000 | 16,063 | 17,268 | 8,642 | 15,456 | ||
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.