BG Staffing Inc (BGSF) financial statements (2022 and earlier)
Company profile
| Business Address |
5850 GRANITE PARKWAY PLANO, TX 75024 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 7363 - Help Supply Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Receivables | 41 | 39 | 38 | 37 | 33 | 32 | 22 | ||
| Prepaid expense | 2 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Deferred tax assets | ✕ | ✕ | 0 | ||||||
| Other current assets | 0 | 0 | 0 | 0 | 0 | 1 | |||
| Other undisclosed current assets | (0) | ||||||||
| Total current assets: | 44 | 41 | 39 | 38 | 34 | 33 | 23 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4 | 4 | 3 | 2 | 2 | 1 | 1 | ||
| Intangible assets, net (including goodwill) | 20 | ||||||||
| Goodwill | 6 | ||||||||
| Intangible assets, net (excluding goodwill) | 14 | ||||||||
| Deferred costs | 0 | ||||||||
| Other noncurrent assets | 83 | 71 | 59 | 65 | 45 | 50 | 30 | ||
| Deferred tax assets, net | ✕ | ✕ | 7 | ||||||
| Other undisclosed noncurrent assets | (28) | ||||||||
| Total noncurrent assets: | 87 | 75 | 62 | 67 | 47 | 51 | 30 | ||
| TOTAL ASSETS: | 130 | 116 | 100 | 105 | 81 | 84 | 54 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 14 | 11 | 11 | 14 | 12 | 15 | 7 | ||
| Accounts payable | 0 | 0 | 0 | 2 | 1 | 2 | 1 | ||
| Accrued liabilities | 11 | 10 | 10 | 12 | 10 | 12 | 6 | ||
| Employee-related liabilities | 0 | 1 | 1 | 1 | 1 | ||||
| Taxes payable | 2 | 0 | 0 | 0 | |||||
| Interest and dividends payable | 0 | 0 | 0 | 0 | 0 | 1 | |||
| Debt | 3 | 2 | 4 | 3 | 2 | ||||
| Business combination, contingent consideration, liability | 2 | 4 | 4 | 7 | |||||
| Other liabilities | 1 | 0 | 1 | 1 | |||||
| Other undisclosed current liabilities | 2 | 4 | |||||||
| Total current liabilities: | 18 | 14 | 18 | 22 | 15 | 23 | 15 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 31 | 11 | 6 | 21 | 24 | 15 | 15 | ||
| Long-term debt, excluding current maturities | 26 | 7 | 6 | 21 | 24 | 15 | 15 | ||
| Operating lease, liability | 5 | 4 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 10 | 2 | 1 | 3 | 2 | 5 | 3 | ||
| Other liabilities | 7 | 1 | 0 | 0 | 0 | 3 | |||
| Business combination, contingent consideration, liability | 2 | 2 | 2 | 2 | 4 | ||||
| Other undisclosed noncurrent liabilities | 6 | 20 | 10 | 21 | 16 | 5 | |||
| Total noncurrent liabilities: | 47 | 33 | 17 | 44 | 25 | 35 | 23 | ||
| Total liabilities: | 65 | 47 | 35 | 65 | 41 | 58 | 37 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 65 | 68 | 66 | 39 | 40 | 26 | 16 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 60 | 60 | 58 | 38 | 36 | 20 | 11 | ||
| Retained earnings | 5 | 9 | 8 | 1 | 4 | 5 | 6 | ||
| Other undisclosed stockholders' equity attributable to parent | (0) | ||||||||
| Total stockholders' equity: | 65 | 68 | 66 | 39 | 40 | 26 | 16 | ||
| TOTAL LIABILITIES AND EQUITY: | 130 | 116 | 100 | 105 | 81 | 84 | 54 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 278 | 294 | 287 | 273 | 254 | 218 | 173 | |
| Revenue, net | ✕ | ✕ | ✕ | 273 | 254 | 218 | 173 | |
| Cost of revenue (Cost of Goods and Services Sold) | (202) | (214) | (210) | (204) | (194) | (170) | (138) | |
| Gross profit: | 76 | 81 | 77 | 68 | 60 | 48 | 35 | |
| Operating expenses | (73) | (61) | (52) | (51) | (45) | (36) | (29) | |
| Other undisclosed operating income | 0 | 0 | ||||||
| Operating income: | 4 | 20 | 24 | 18 | 16 | 12 | 6 | |
| Interest and debt expense | (2) | (2) | (3) | (3) | (4) | (3) | (4) | |
| Income from continuing operations before equity method investments, income taxes: | 2 | 18 | 21 | 15 | 11 | 9 | 2 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 0 | (1) | ||||||
| Income from continuing operations before income taxes: | 2 | 18 | 21 | 15 | 11 | 9 | 1 | |
| Income tax expense | (1) | (4) | (4) | (9) | (4) | (3) | (1) | |
| Net income (loss) available to common stockholders, diluted: | 1 | 13 | 18 | 6 | 7 | 5 | (0) | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1 | 13 | 18 | 6 | 7 | 5 | (0) | |
| Other comprehensive loss | (0) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1 | 13 | 18 | 6 | 7 | 5 | (0) | |
Statements sources
The financial statements are based on the company's filings with the 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.