Company Quick10K Filing
Staffing 360 Solutions
10-Q 2019-09-28 Filed 2019-11-12
10-Q 2019-06-29 Filed 2019-08-14
10-Q 2019-03-30 Filed 2019-05-13
10-K 2018-12-29 Filed 2019-03-25
S-1 2018-11-16 Public Filing
10-Q 2018-09-29 Filed 2018-11-13
10-Q 2018-06-30 Filed 2018-08-14
10-Q 2018-03-31 Filed 2018-05-14
10-K 2017-12-30 Filed 2018-03-29
10-Q 2017-09-30 Filed 2017-11-14
10-Q 2017-07-01 Filed 2017-08-15
10-Q 2017-04-01 Filed 2017-05-16
10-Q 2016-11-30 Filed 2017-01-13
10-Q 2016-08-31 Filed 2016-10-14
10-K 2016-05-31 Filed 2016-08-29
10-Q 2016-02-29 Filed 2016-04-13
10-Q 2015-11-30 Filed 2016-01-14
10-Q 2015-08-31 Filed 2015-10-15
10-K 2015-05-31 Filed 2015-07-31
10-Q 2015-02-28 Filed 2015-04-14
10-Q 2014-11-30 Filed 2015-01-20
10-Q 2014-08-31 Filed 2014-10-20
10-K 2014-05-31 Filed 2014-09-15
10-Q 2014-02-28 Filed 2014-04-21
10-Q 2013-11-30 Filed 2014-01-14
10-Q 2013-08-31 Filed 2013-10-18
10-K 2013-05-31 Filed 2013-09-13
10-Q 2013-02-28 Filed 2013-04-15
10-Q 2012-11-30 Filed 2013-01-16
10-Q 2012-08-31 Filed 2012-10-15
10-K 2012-05-31 Filed 2012-09-13
10-Q 2012-02-29 Filed 2012-04-16
10-Q 2011-11-30 Filed 2012-01-04
10-Q 2011-08-31 Filed 2011-10-12
10-K 2011-05-31 Filed 2011-08-17
8-K 2020-02-21 Other Events, Exhibits
8-K 2020-02-05
8-K 2020-01-24
8-K 2020-01-22 Earnings, Exhibits
8-K 2019-12-31
8-K 2019-11-27 Other Events, Exhibits
8-K 2019-09-11 Officers, Regulation FD, Exhibits
8-K 2019-09-11 Enter Agreement, Exhibits
8-K 2019-08-29 Enter Agreement, Off-BS Arrangement, Sale of Shares, Shareholder Rights, Exhibits
8-K 2019-08-15 Other Events, Exhibits
8-K 2019-08-14 Earnings, Exhibits
8-K 2019-07-30 Other Events, Exhibits
8-K 2019-07-29 Enter Agreement, Exhibits
8-K 2019-07-05 Enter Agreement
8-K 2019-06-11
8-K 2019-04-30 Earnings, Other Events, Exhibits
8-K 2019-03-05 Other Events, Exhibits
8-K 2019-02-12 Regulation FD, Other Events, Exhibits
8-K 2019-02-08 Enter Agreement, Regulation FD, Exhibits
8-K 2019-02-07 Enter Agreement, Shareholder Rights, Amend Bylaw, Exhibits
8-K 2019-01-30 Other Events, Exhibits
8-K 2019-01-24 Other Events, Exhibits
8-K 2019-01-23 Other Events, Exhibits
8-K 2019-01-22 Enter Agreement, Exhibits
8-K 2018-11-28 Other Events
8-K 2018-11-15 Enter Agreement, Off-BS Arrangement, Sale of Shares, Shareholder Rights, Amend Bylaw, Exhibits
8-K 2018-11-13 Other Events, Exhibits
8-K 2018-08-27 M&A, Off-BS Arrangement, Sale of Shares, Other Events
8-K 2018-08-22
8-K 2018-08-15
8-K 2018-08-15 Exhibits
8-K 2018-08-10 Other Events, Exhibits
8-K 2018-07-05 Off-BS Arrangement, Sale of Shares, Officers, Other Events, Exhibits
8-K 2018-06-01 Shareholder Rights, Officers, Shareholder Vote, Exhibits
8-K 2018-05-14
8-K 2018-05-10 Other Events, Exhibits
8-K 2018-04-30 Exhibits
8-K 2018-04-23 Earnings, Other Events, Exhibits
8-K 2018-04-09
8-K 2018-03-29 Officers, Amend Bylaw, Other Events, Exhibits
8-K 2018-03-29 Earnings, Other Events, Exhibits
8-K 2018-03-27 Other Events, Exhibits
8-K 2018-03-19 Exhibits
8-K 2018-03-14
8-K 2018-02-08 Off-BS Arrangement, Other Events, Exhibits
8-K 2018-01-22 Other Events, Exhibits
8-K 2018-01-03 Shareholder Rights, Amend Bylaw, Shareholder Vote, Other Events, Exhibits
8-K 2017-09-30 Amendment

Staffing 360 Solutions Financials

STAF Metrics, Comps, Filings

Quarterly | Annual

Business

Staffing 360 Solutions, Inc. ("we," "us," "our," "Staffing 360," or the "Company") was incorporated in the State of Nevada on December 22, 2009, as Golden Fork Corporation, which changed its name to Staffing 360 Solutions, Inc., ticker symbol "STAF", on March 16, 2012. On June 15, 2017, the Company changed its domicile to the State of Delaware. As a rapidly growing public company in the international staffing sector, our high-growth business model is based on finding and acquiring, suitable, mature, profitable, operating, domestic and international staffing companies. Our targeted consolidation model is focused specifically on the accounting and finance, information technology ("IT"), engineering, administration and light industrial disciplines.

All amounts in this Annual Report are expressed in thousands, except share and per share amounts, or unless otherwise indicated.

We are a high-growth international staffing company engaged in the acquisition of United States ("U.S.") and United Kingdom ("U.K.") based staffing companies. Our services principally consist of providing temporary contractors, and, to a much lesser extent, the recruitment of candidates for permanent placement. As part of our consolidation model, we pursue a broad spectrum of staffing companies supporting primarily accounting and finance, IT, engineering, administration (collectively, the "Professional Business Stream") and commercial ("Commercial Business Stream") disciplines. Our typical acquisition model is based on paying consideration in the form of cash, stock, earn-outs and/or promissory notes. In furthering our business model, the Company is regularly in discussions and negotiations with various suitable, mature acquisition targets. To date, we have completed ten acquisitions since November 2013.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Quarterly)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Hackett Group (HCKT) 553,377 34% 17.7 11% 193,933 55,186 213,366 72,987 20,856 30,483 539,454
Cross Country Healthcare (CCRN) 381,604 6% -15.2 -19% 393,991 230,344 808,035 50,559 -74,686 -29,140 442,702
Startek (SRT) 249,755 17% 19.6 -3% 659,714 384,936 638,564 106,024 -19,036 18,524 363,010
BG Staffing (BGSF) 188,141 27% 8.2 14% 105,993 38,407 293,998 80,198 15,358 23,084 188,141
Avalon Globocare (AVCO) 162,150 -3% -12.6 -124% 10,669 4,922 1,067 -31 -13,278 -12,811 161,050
Information Services Group (III) 124,398 42% 15.4 1% 220,727 136,261 200,262 83,626 1,247 13,404 206,505
Volt Information Sciences (VISI) 73,066 15% 3.8 3% 240,515 186,536 1,062,848 157,337 8,282 24,379 92,076
DLH Holdings (DLHC) 85,419 16% 10.8 4% 129,258 83,687 160,391 25,783 5,323 12,961 139,629
Ashford (AINC) 61,733 0% 2.2 -0% 421,837 148,779 234,651 0 -1,776 19,513 42,277
ARC Document Solutions (ARC) 59,653 33% 4.2 1% 364,179 214,834 290,099 94,925 2,191 35,559 150,263
Mastech Digital (MHH) 66,670 24% 7.1 10% 93,079 49,263 187,860 45,883 9,745 12,952 91,829
RCM Technologies (RCMT) 37,754 25% 7.8 3% 91,740 60,689 142,550 35,935 3,049 4,783 37,361
Hudson Global (HSON) 36,855 47% -4.5 -5% 47,149 13,191 68,363 32,451 -2,438 -1,773 7,974
Wilhelmina (WHLM) 29,785 28% 20.6 0% 43,501 17,389 57,245 16,079 176 1,284 26,449
Command Center (CCNI) 28,059 25% 41.6 -1% 22,728 4,846 97,470 24,335 -197 523 21,756
Lightbridge (LTBR) 2,405 2.1 -38% 23,038 1,687 0 0 -8,859 -8,859 -18,177
China Internet Nationwide Financial Services (CIFS) 18,355 0% 66,845 1,964 0 0 0 0 16,776
Staffing 360 Solutions (STAF) 9,792 17% 116.2 -2% 97,440 91,974 214,644 36,695 -2,350 408 47,404
Volt Information Sciences (VOLT) 15% -1.3 -6% 222,363 186,690 1,003,487 153,612 -14,437 -7,576 9,940
HireQuest (HQI) 40% 0.6 -13% 58,543 29,481 24,838 9,930 -7,365 -2,439 -1,528

Balance Sheet ($'000)2011-08-312011-11-302012-02-292012-11-302013-05-312013-08-312013-11-302014-02-282014-05-312014-08-312014-11-302015-02-282015-05-312015-08-312015-11-302016-02-292016-05-312016-08-312016-11-302017-04-012017-07-012017-09-302017-12-302018-03-312018-06-302018-09-292018-12-292019-03-302019-06-292019-09-28
Cash17160162632312488441,3257881,287561198151,0417701,9692,1101,2354895265,3803,1003,4582,8862,8243,1812,5231,4111,797
Accounts Receivable595296051,93613,22717,03618,87818,81617,33118,76018,70522,94520,93620,37823,20323,84419,61619,99333,79733,39225,09728,98534,72432,74634,28631,69431,506
Inventory
PP&E32322641,1845345886526207438189599791,3499619388618911,2412,6371,4991,4691,7323,2461,5491,6861,570
Assets171601223,3203,3047,09535,38943,68544,12143,20240,56642,33249,20856,48955,17655,09656,99156,26550,28250,13594,12586,74878,09782,97098,88596,437101,31398,45397,440
Accounts Payable2435976598415,5304,3713,213
Long-Term Debt4253,8594,4064,0111,4171,2193,8203,4223,83413,30913,2779,6907,6639,15810,16636,94140,25440,00042,04750,28837,39337,23737,03639,409
Liabilities111107602,5422,7367,26226,01833,06636,49033,79428,51132,83037,62346,35546,83447,58447,99147,24442,25143,21590,03093,53386,33890,792105,97292,24294,04792,55891,974
Stockholders' Equity75-0-639778569-1679,37110,0376,9458,60911,3598,44910,5468,8607,2817,5128,2268,4097,6246,9204,095-6,785-8,241-7,822-7,0874,1957,2665,8955,466
Income Statement ($'000)2011-08-312011-11-302012-02-292012-11-302013-05-312013-08-312013-11-302014-02-282014-05-312014-08-312014-11-302015-02-282015-05-312015-08-312015-11-302016-02-292016-05-312016-08-312016-11-302017-04-012017-07-012017-09-302017-12-302018-03-312018-06-302018-09-292018-12-292019-03-302019-06-292019-09-28
Revenue02341,3431,96416,90925,56333,43950,46930,96432,18835,88441,35043,95444,36447,75047,13740,71242,11750,34559,47655,79159,72771,31773,82973,49567,320
Cost of Revenue2259511,33213,40721,00527,53027,84225,43826,67129,56333,88036,36336,69939,26139,04033,38634,19340,76847,56244,21047,84558,82161,71161,40354,835
Gross Profit103936313,5024,5585,9108,5045,5265,5186,3207,4707,5917,6658,4898,0977,3267,9249,57711,91411,58111,88212,49612,11812,09212,485
R&D
SG&A721505481,7593701,4941,1431,2841,2881,4199241,6747,6857,4057,6276,3389,1409,71411,18811,03011,09710,49110,70011,361
Tax000000700-3632652-428166928110130206202152766010928
Net Income-11-3-17-218-427-1,424-1,763-9,053-4,663-8,737-81-4,323-1,677-3,180-1,629-2,793-1,294-1,426-3,453-539-5,362-9,137-1,271-1,844-1,980229-1,471-1,108
Cash Flow ($'000)2011-08-312011-11-302012-02-292012-11-302013-05-312013-08-312013-11-302014-02-282014-05-312014-08-312014-11-302015-02-282015-05-312015-08-312015-11-302016-02-292016-05-312016-08-312016-11-302017-04-012017-07-012017-09-302017-12-302018-03-312018-06-302018-09-292018-12-292019-03-302019-06-292019-09-28
Cash Operating-10-2-16-409-935-131-2,812-1,978-267800-3,113576-6952,342-129-2,2101642,4034,314-741-4,4468,8474,1492,243-6,528-2,716
Cash Investing-65-1,342-7,380-2,825-1,490-231-97-196-2,625-1,295-1,138-231-296-835-1,070-905-20,9494921,2132,2553,4253,6293,033
Cash Financing27004432,2958,1086,1172,932986-1,4002,7672,8472,217-1,4771,5592,649-204-1,492-3,67427,1541,674-9,700-6,976-6,3241,78769