Staffing 360 Solutions Inc. (STAF) Financial Statements (2024 and earlier)

Company Profile

Business Address 757 THIRD AVENUE
NEW YORK, NY 10017
State of Incorp. DE
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)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments751,4021,9921,7531,7801,355
Cash and cash equivalents751,4021,9921,7531,7801,355
Receivables26,77624,42723,62829,86433,22424,243
Other undisclosed current assets2,1462,1951,7623,2273,0521,502
Total current assets:28,99728,02427,38234,84438,05627,100
Noncurrent Assets
Operating lease, right-of-use asset8,7178,7289,0708,6939,2815,237
Property, plant and equipment1,4501,1721,2301,2621,089823
Intangible assets, net (including goodwill)36,11936,53037,27644,31046,23736,382
Goodwill19,89119,89119,89127,69628,58523,480
Intangible assets, net (excluding goodwill)16,22816,63917,38516,61417,65212,902
Other noncurrent assets7,5537,4046,7016,4656,5003,208
Total noncurrent assets:53,83953,83454,27760,73063,10745,650
TOTAL ASSETS:82,83681,85881,65995,574101,16372,750
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:19,23917,17716,52616,00522,09716,509
Accounts payable   1,168   
Accrued liabilities   15,358   
Other undisclosed accounts payable and accrued liabilities19,23917,177 16,00522,09716,509
Debt  18,14118,26518,36118,5149,444
Other liabilities2,6682,2192,6393,5733,8606,556
Other undisclosed current liabilities27,3668,31610,00210,66620,38114,040
Total current liabilities:49,27345,85347,43248,60564,85246,549
Noncurrent Liabilities
Long-term debt and lease obligation8,7518,7058,39325,8338,9344,577
Long-term debt, excluding current maturities8,7518,7058,39317,356 123
Liabilities, other than long-term debt8,4968,29817,481829769781
Due to related parties8,661   
Other liabilities226 180829769781
Operating lease, liability8,2708,2988,6408,4778,9344,454
Other undisclosed noncurrent liabilities8,5058,648  8,306 
Total noncurrent liabilities:25,75225,65125,87426,66218,0095,358
Total liabilities:75,02571,50473,30675,26782,86151,907
Equity
Equity, attributable to parent7,81110,3548,35320,30718,30220,843
Common stock111111
Additional paid in capital116,639116,419111,586110,968107,266107,225
Accumulated other comprehensive loss(2,080)(2,196)(2,219)(3,085)(356)(38)
Accumulated deficit(106,749)(103,870)(101,015)(87,577)(88,609)(86,345)
Total equity:7,81110,3548,35320,30718,30220,843
TOTAL LIABILITIES AND EQUITY:82,83681,85881,65995,574101,16372,750

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues62,07863,10569,85166,12059,05349,893
Cost of revenue(53,317)(53,517)(58,439)(53,795)(48,534)(41,380)
Gross profit:8,7619,58811,41212,32510,5198,513
Operating expenses(10,367)(10,942)(23,670)(11,830)(11,162)(9,564)
Operating income (loss):(1,606)(1,354)(12,258)495(643)(1,051)
Nonoperating income (expense)(1,266)(1,461)(1,467)599(1,624)(1,267)
Gain (loss), foreign currency transaction, before tax    1,009(566)(443)
Other nonoperating income (expense)188(14)(12)71779(58)
Interest and debt expense(1,350)(1,349)(851)(1,127)(1,137)(766)
Loss from continuing operations before equity method investments, income taxes:(4,222)(4,164)(14,576)(33)(3,404)(3,084)
Other undisclosed income from continuing operations before income taxes1,3501,3498511,1271,137766
Income (loss) from continuing operations before income taxes:(2,872)(2,815)(13,725)1,094(2,267)(2,318)
Income tax expense (benefit)(6)(40)287(62)3(6)
Income (loss) from continuing operations:(2,878)(2,855)(13,438)1,032(2,264)(2,324)
Income (loss) before gain (loss) on sale of properties:1,032(2,264)(2,324)
Net income (loss) available to common stockholders, diluted:(2,878)(2,855)(13,438)1,032(2,264)(2,324)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):(2,878)(2,855)(13,438)1,032(2,264)(2,324)
Comprehensive income (loss):(2,878)(2,855)(13,438)1,032(2,264)(2,324)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent11623866(2,729)(318)(200)
Comprehensive loss, net of tax, attributable to parent:(2,762)(2,832)(12,572)(1,697)(2,582)(2,524)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: