BGSF, Inc. (BGSF) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5850 GRANITE PARKWAY PLANO, TX 75024 |
| 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 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 112 | ||||||||
| Cash and cash equivalents | 112 | ||||||||
| Receivables | 66,285 | 50,514 | 41,494 | 39,493 | 37,607 | 36,899 | |||
| Prepaid expense | 2,418 | 2,346 | 2,155 | 1,224 | 984 | 948 | |||
| Disposal group, including discontinued operation | 7,198 | ||||||||
| Other current assets | 7,459 | 20 | 23 | 143 | |||||
| Other undisclosed current assets | |||||||||
| Total current assets: | 76,162 | 60,170 | 43,649 | 40,737 | 38,614 | 37,990 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4,462 | 3,914 | ✕ | ✕ | |||||
| Property, plant and equipment | 2,081 | 4,331 | 3,724 | 3,545 | 2,557 | 2,040 | |||
| Intangible assets, net (including goodwill) | 102,745 | 62,727 | |||||||
| Goodwill | 55,193 | 29,142 | |||||||
| Intangible assets, net (excluding goodwill) | 47,552 | 33,585 | |||||||
| Disposal group, including discontinued operation, noncurrent assets | 7,213 | ||||||||
| Deferred income tax assets | 2,196 | 4,548 | ✕ | ✕ | |||||
| Other noncurrent assets | 4,411 | 1,284 | 82,906 | 71,304 | 59,098 | 64,603 | |||
| Other undisclosed noncurrent assets | 2,616 | 4,107 | |||||||
| Total noncurrent assets: | 118,511 | 88,124 | 86,630 | 74,849 | 61,655 | 66,643 | |||
| TOTAL ASSETS: | 194,673 | 148,294 | 130,278 | 115,586 | 100,269 | 104,633 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 19,758 | 17,039 | 13,607 | 11,037 | 11,453 | 14,373 | |||
| Interest and dividends payable | ✕ | ✕ | 102 | 78 | 73 | 309 | 331 | ||
| Taxes payable | ✕ | ✕ | 382 | 1,861 | 56 | ||||
| Employee-related liabilities | ✕ | ✕ | 405 | 531 | 592 | ||||
| Accounts payable | 587 | 401 | 220 | 479 | 146 | 1,910 | |||
| Accrued liabilities | 19,171 | 16,154 | 11,448 | 10,080 | 10,411 | 11,541 | |||
| Debt | 4,000 | 3,563 | 2,625 | 1,653 | 4,243 | 2,924 | |||
| Disposal group, including discontinued operation | 1,262 | ||||||||
| Business combination, contingent consideration, liability | 1,081 | 1,074 | 2,364 | 4,299 | |||||
| Other liabilities | 1,000 | 3,550 | 1,017 | 74 | |||||
| Other undisclosed current liabilities | 2,368 | 1,896 | 2,032 | ||||||
| Total current liabilities: | 28,207 | 28,384 | 18,264 | 13,707 | 18,059 | 21,670 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 36,000 | 25,985 | 31,204 | 11,254 | 5,768 | 20,579 | |||
| Long-term debt, excluding current maturities | 36,000 | 23,300 | 26,300 | 7,125 | 5,768 | 20,579 | |||
| Liabilities, other than long-term debt | 3,059 | 4,745 | 9,643 | 2,174 | 662 | 2,629 | |||
| Disposal group, including discontinued operation, liabilities | 190 | ||||||||
| Other liabilities | 10 | 3,565 | 7,356 | 662 | 450 | ||||
| Operating lease, liability | 3,049 | 2,685 | 4,904 | 4,129 | ✕ | ✕ | |||
| Business combination, contingent consideration, liability | 990 | 2,288 | 2,174 | 2,178 | |||||
| Other undisclosed noncurrent liabilities | 26,670 | 12,588 | 5,709 | 19,994 | 10,079 | 20,620 | |||
| Total noncurrent liabilities: | 65,730 | 43,318 | 46,556 | 33,422 | 16,508 | 43,828 | |||
| Total liabilities: | 93,937 | 71,702 | 64,821 | 47,129 | 34,567 | 65,498 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 100,737 | 76,592 | 65,458 | 68,457 | 65,702 | 39,135 | |||
| Common stock | 70 | 66 | 74 | 76 | 78 | 88 | |||
| Treasury stock, value | |||||||||
| Additional paid in capital | 67,003 | 61,875 | 60,457 | 59,618 | 57,624 | 37,675 | |||
| Accumulated other comprehensive income | 58 | ||||||||
| Retained earnings | 33,663 | 14,592 | 5,050 | 8,763 | 7,999 | 1,372 | |||
| Other undisclosed equity, attributable to parent | (123) | ||||||||
| Total equity: | 100,737 | 76,592 | 65,458 | 68,457 | 65,702 | 39,135 | |||
| TOTAL LIABILITIES AND EQUITY: | 194,673 | 148,294 | 130,278 | 115,586 | 100,269 | 104,633 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 298,422 | 239,027 | 277,891 | 294,314 | 286,863 | 272,600 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 272,600 | |
| Cost of revenue (Cost of Goods and Services Sold) | (194,874) | (158,086) | (201,671) | (213,632) | (210,268) | (204,198) | ||
| Gross profit: | 103,547 | 80,941 | 76,220 | 80,681 | 76,595 | 68,402 | ||
| Operating expenses | (87,265) | (68,814) | (72,758) | (61,020) | (52,336) | (50,641) | ||
| Other undisclosed operating income (loss) | 2,403 | 76 | ||||||
| Operating income: | 16,283 | 14,530 | 3,538 | 19,661 | 24,260 | 17,761 | ||
| Interest and debt expense | (1,363) | (1,433) | (1,584) | (2,110) | (2,850) | (3,253) | ||
| Income from continuing operations before income taxes: | 14,920 | 13,097 | 1,955 | 17,552 | 21,409 | 14,508 | ||
| Income tax expense | (513) | (4,305) | (3,860) | (8,659) | ||||
| Income from continuing operations: | 14,920 | 13,097 | 1,441 | 13,247 | 17,550 | 5,848 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | 13,097 | 1,441 | 13,247 | 17,550 | 5,848 | |
| Income from discontinued operations | 6,045 | |||||||
| Net income: | 20,966 | 13,097 | 1,441 | 13,247 | 17,550 | 5,848 | ||
| Other undisclosed net income (loss) attributable to parent | 4,395 | 1,012 | ||||||
| Net income available to common stockholders, diluted: | 25,361 | 14,109 | 1,441 | 13,247 | 17,550 | 5,848 | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 20,966 | 13,097 | 1,441 | 13,247 | 17,550 | 5,848 | ||
| Other comprehensive income (loss) | (58) | 181 | (123) | |||||
| Comprehensive income: | 20,907 | 13,279 | 1,319 | 13,247 | 17,550 | 5,848 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 4,395 | 1,012 | ||||||
| Comprehensive income, net of tax, attributable to parent: | 25,303 | 14,291 | 1,319 | 13,247 | 17,550 | 5,848 | ||
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.