Company Quick10K Filing
ShiftPixy
S-1 2020-03-30 Public Filing
10-Q 2020-02-29 Filed 2020-05-12
10-Q 2019-11-30 Filed 2020-01-21
10-K 2019-08-31 Filed 2019-12-13
10-Q 2019-05-31 Filed 2019-07-22
10-Q 2019-02-28 Filed 2019-04-15
10-Q 2018-11-30 Filed 2019-01-11
10-K 2018-08-31 Filed 2018-11-29
10-Q 2018-05-31 Filed 2018-07-16
10-Q 2018-02-28 Filed 2018-04-16
10-Q 2017-11-30 Filed 2018-01-22
10-K 2017-08-31 Filed 2017-12-14
10-Q 2017-05-31 Filed 2017-07-17
8-K 2020-04-10 Shareholder Vote, Other Events
8-K 2020-03-25 Shareholder Rights, Exhibits
8-K 2020-03-24 Enter Agreement, Sale of Shares, Exhibits
8-K 2020-03-23 Enter Agreement, Sale of Shares, Exhibits
8-K 2020-02-07 Exhibits
8-K 2020-01-22 Enter Agreement, Exhibits
8-K 2020-01-17 Shareholder Rights, Exhibits
8-K 2020-01-03 Enter Agreement, Exhibits
8-K 2019-12-17
8-K 2019-12-12 Other Events
8-K 2019-12-06 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-12-04
8-K 2019-07-30 Officers, Exhibits
8-K 2019-07-22 Amendment
8-K 2019-07-12 Other Events, Exhibits
8-K 2019-07-09 Other Events
8-K 2019-06-12 Off-BS Arrangement
8-K 2019-06-11
8-K 2019-03-13 Shareholder Vote
8-K 2019-03-11 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-02-06 Exhibits
8-K 2018-12-20 Enter Agreement, Exhibits
8-K 2018-06-04 Enter Agreement, Sale of Shares, Exhibits
8-K 2018-04-13 Shareholder Vote
8-K 2018-02-16 Amend Bylaw, Other Events, Exhibits
8-K 2018-01-24 Officers, Exhibits

ShiftPixy Financials

PIXY Metrics, Comps, Filings

Quarterly | Annual

Business

ShiftPixy, Inc (PIXY-Nasdaq), "ShiftPixy", or the "Company" was incorporated under the laws of the State of Wyoming on June 3, 2015. Our principal executive office is located at 1 Venture, Suite 150, Irvine, CA 92618, and our telephone number is (888) 798-9100. Our website address is www.shiftpixy.com. We do not incorporate the information on or accessible through our website into this Report, and you should not consider any information on, or that can be accessed through our website as a part of this Report.

ShiftPixy Human Capital Management Inc., d/b/a ShiftableHR

In December, 2015 we formed Shift Human Capital Management Inc., d/b/a/ ShiftableHR, ("SHCM") a wholly owned subsidiary. We formed this subsidiary in response to the need to have workers' compensation policies written in the names of the clients (as may be required by some states) and otherwise in response to client needs for only administrative and processing services rather than the assignment of employees, particularly temporary employees, as offered by ShiftPixy. Under this subsidiary, under circumstances wherein the client remains as the sole employer of the subject employees, we act as a payroll processor, human resources consultant, and administrator of workers' compensation coverages and claims (providing "administrative services only"). For administrative reasons, we believe that providing these services through a separate legal entity seemed advisable and required, and thus we formed the subsidiary to provide these services. Our goal is to migrate these clients to ShiftPixy. We consolidate all operations of SCHM into the financial statements of ShiftPixy.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
McGrath Rentcorp (MGRC) 1,676,208 47% 9.1 7% 1,306,223 689,508 556,124 260,271 94,654 183,880 1,673,918
Rent A Center (RCII) 1,439,569 62% 5.8 9% 1,497,932 1,066,192 2,663,740 1,652,497 134,719 235,159 1,365,887
Forrester Research (FORR) 855,033 46% 41.2 -2% 598,331 450,679 436,011 202,565 -9,085 22,334 920,372
Textainer Group (TGH) 534,629 0% 4,744,296 3,508,305 0 0 0 0 3,719,528
Heidrick & Struggles (HSII) 523,905 31% 15.4 1% 776,623 479,988 731,932 226,706 9,409 22,597 347,533
Exterran (EXTN) 472,417 26% 6.0 -1% 1,552,736 1,063,637 1,396,197 365,967 -8,467 156,605 945,766
Vectrus (VEC) 447,851 9% 9.9 5% 635,435 387,100 1,346,932 125,715 34,214 48,586 478,739
CAI International (CAI) 408,107 56% 21.2 1% 2,950,734 2,264,742 439,821 246,607 23,162 116,301 2,461,226
General Finance (GFN) 284,258 0% 7.4 1% 788,296 607,710 311,221 0 6,649 88,274 654,119
sslj.com (SSLJ) 165,200 0% 19,450 19,330 0 0 0 0 164,193
PRGX Global (PRGX) 131,326 37% 122.0 -8% 123,407 67,467 123,068 45,982 -9,317 1,280 156,114
Mitcham Industries (MIND) 48,632 34% -4.6 -19% 62,496 12,418 41,746 14,085 -11,734 -9,566 43,833
Quest Resource (QRHC) 39,421 19% 26.7 -0% 80,294 19,053 76,020 14,064 -90 1,401 37,352
FlexShopper (FPAY) 30,383 0% 4.8 4% 41,459 30,831 66,328 0 1,582 6,495 30,932
Command Security (MOC) 30,161 11% 41.0 -1% 39,561 23,616 171,856 19,188 -509 703 28,825
NXT-ID (NXTD) 16,429 76% -1.6 -49% 25,337 17,374 13,113 9,907 -12,293 -9,257 14,928
ShiftPixy (PIXY) 19,142 23% -1.1 -74% 21,755 25,174 49,197 11,144 -16,034 -15,210 16,211
AeroCentury (ACY) 9,445 0% -33.5 -6% 167,020 136,904 38,716 0 -9,617 -3,736 125,070
GEE Group (JOB) 9 34% 0.2 -14% 124,481 87,661 151,674 51,322 -17,763 -16,202 -4,046
Nesco Holdings (NSCO) 34% -45.9 -2% 739,033 754,818 62,562 21,264 -15,126 -14,632 671,402

Balance Sheet ($'000)2017-05-312017-08-312017-11-302018-02-282018-05-312018-08-312018-11-302019-02-282019-05-31
Cash5115,8972,8229041,1871,6502271,7992,931
Accounts Receivable156429471192308111129744338
Inventory
PP&E3772981,0621,086
Assets1,4879,4436,6525,1305,10315,80214,04417,62621,755
Accounts Payable5781,1601,7731,3608501,2461,4871,6902,178
Long-Term Debt7,157
Liabilities2,1273,8284,2115,3787,02024,54222,28922,88225,174
Stockholders' Equity-6405,6152,442-247-1,917-8,740-8,245-5,257-3,419
Income Statement ($'000)2017-05-312017-08-312017-11-302018-02-282018-05-312018-08-312018-11-302019-02-282019-05-31
Revenue4,6284,5266,5129,7709,37511,18510,52013,18814,304
Cost of Revenue3,7505,5905,2668,5237,8269,3597,1349,96711,592
Gross Profit878-1,0651,2461,2471,5501,8263,3863,2212,712
R&D
SG&A8921,1058831,1289881,763
Tax
Net Income-2,710-5,022-3,341-2,719-1,817-8,699-2,000-339-4,996
Cash Flow ($'000)2017-05-312017-08-312017-11-302018-02-282018-05-312018-08-312018-11-302019-02-282019-05-31
Cash Operating-5,847-3,097-1,096367-5,712-1,5891,575-1,613
Cash Investing0-27-822-84-2,085-493-4-84
Cash Financing11,23250008,26066002,829