GSE Systems, Inc. is a company developing a real-time high-fidelity simulation, providing a wide range of simulation, training, and engineering solutions to the global power and process industries. The Company offers customers with simulation, engineering and plant services that help clients reduce risks associated with operating their plants, increase revenue through improved plant and employee performance, and lower costs through improved operational efficiency. In addition, it provide services that systematically help clients fill key vacancies in the organization on a short-term basis, primarily in the area of training professionals focused on regulatory compliance and certification in the nuclear power industry.

Employee Rating

3.3More
TypePublic
HQSykesville, US
Founded1994
Size (employees)335 (est)
Websitegses.com
GSE Systems was founded in 1994 and is headquartered in Sykesville, US
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Key People/Management at GSE Systems

Chris Sorrells

Chris Sorrells

COO
Emmett Pepe

Emmett Pepe

CFO
Bahram Meyssami

Bahram Meyssami

Chief Technology Officer
Dan Pugh

Dan Pugh

Senior Vice President, General Counsel & Risk Management Officer
Gill Grady

Gill Grady

Senior Vice President - Corporate Business Development/Acquisition Integration
Ravi Khanna

Ravi Khanna

Senior Vice President - Professional Services
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GSE Systems Office Locations

GSE Systems has offices in Sykesville, Saint Marys, Huntsville and Chennai
Sykesville, US (HQ)
200 1332 Londontown Blvd
Huntsville, US
105 400 Meridian St N
Saint Marys, US
d 2300 St Marys Rd
Chennai, IN
4 S Boag Rd
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GSE Systems Financials and Metrics

GSE Systems Revenue

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GSE Systems's revenue was reported to be $70.88 m in FY, 2017
USD

Revenue (Q3, 2018)

21.8m

Gross profit (Q3, 2018)

5.4m

Gross profit margin (Q3, 2018), %

24.9%

Net income (Q3, 2018)

(518.0k)

EBIT (Q3, 2018)

(26.0k)

Market capitalization (16-Jan-2019)

55.7m

Closing stock price (16-Jan-2019)

2.8

Cash (30-Sep-2018)

9.8m
GSE Systems's current market capitalization is $55.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

47.6m37.9m56.8m53.1m70.9m

Revenue growth, %

(16%)50%(7%)

Cost of goods sold

35.0m26.6m42.4m37.9m52.3m

Gross profit

12.6m11.4m14.4m15.2m18.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

11.9m8.7m8.3m7.8m14.0m13.6m15.0m13.0m12.4m14.4m16.3m17.1m15.4m22.9m24.7m21.8m

Cost of goods sold

8.8m6.5m5.6m5.4m10.8m10.7m11.2m9.4m8.9m10.7m12.2m12.1m11.2m18.0m18.4m16.4m

Gross profit

3.1m2.2m2.6m2.5m3.2m2.9m3.8m3.6m3.6m3.7m4.1m5.0m4.2m4.9m6.3m5.4m

Gross profit Margin, %

26%25%32%31%23%21%25%28%29%26%25%29%27%21%26%25%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

15.6m13.6m11.1m21.7m19.1m

Inventories

3.7m1.7m2.5m

Current Assets

43.9m31.7m28.4m43.8m36.9m

Goodwill

1.0m5.6m5.6m5.6m8.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

17.6m20.8m18.1m16.0m11.6m9.8m12.8m11.2m10.9m14.1m21.6m23.5m15.5m11.8m10.0m9.8m

Inventories

3.0m

Current Assets

43.9m39.1m36.2m32.5m29.3m29.1m27.7m28.8m30.1m34.8m40.7m41.7m38.1m33.8m31.8m30.7m

Goodwill

5.6m5.6m5.6m5.6m5.6m5.6m5.6m5.6m7.1m8.4m13.5m12.2m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(10.5m)(6.7m)(4.7m)1.4m5.4m

Depreciation and Amortization

570.0k545.0k493.0k383.0k342.0k

Cash From Operating Activities

(3.2m)6.6m1.0m10.2m7.7m

Cash From Investing Activities

(883.0k)(7.3m)(1.2m)2.1m(9.2m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(10.3m)(2.0m)(4.0m)(5.9m)(544.0k)(2.0m)(5.6m)138.0k249.0k418.0k(266.0k)561.0k(44.0k)(1.5m)(515.0k)(1.0m)

Depreciation and Amortization

434.0k139.0k273.0k413.0k129.0k264.0k383.0k100.0k202.0k294.0k76.0k175.0k254.0k103.0k279.0k411.0k

Cash From Operating Activities

(671.0k)5.8m3.5m5.2m(472.0k)(1.6m)1.3m1.6m1.0m3.9m1.3m3.2m3.4m

Cash From Investing Activities

(1.7m)(201.0k)(456.0k)(4.0m)(646.0k)(1.5m)(952.0k)(119.0k)(9.0k)31.0k(73.0k)39.0k(8.5m)(423.0k)(10.6m)(10.5m)
USDY, 2018

Financial Leverage

1.9 x
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GSE Systems Operating Metrics

FY, 2016

Countries

50

Installations

1.10 k
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GSE Systems Revenue Breakdown

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GSE Systems revenue breakdown by business segment: 33.2% from Nuclear Industry Training and Consulting and 66.8% from Performance Improvement Solutions

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GSE Systems Online and Social Media Presence

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GSE Systems News and Updates

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GSE Systems Company Life and Culture

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GSE Systems Frequently Asked Questions

  • When was GSE Systems founded?

    GSE Systems was founded in 1994.

  • Who are GSE Systems key executives?

    GSE Systems's key executives are Chris Sorrells, Emmett Pepe and Bahram Meyssami.

  • How many employees does GSE Systems have?

    GSE Systems has 335 employees.

  • What is GSE Systems revenue?

    Latest GSE Systems annual revenue is $70.9 m.

  • What is GSE Systems revenue per employee?

    Latest GSE Systems revenue per employee is $211.6 k.

  • Who are GSE Systems competitors?

    Competitors of GSE Systems include FlexSim Software Products, Aker Solutions and Etter Engineering.

  • Where is GSE Systems headquarters?

    GSE Systems headquarters is located at 200 1332 Londontown Blvd, Sykesville.

  • Where are GSE Systems offices?

    GSE Systems has offices in Sykesville, Saint Marys, Huntsville and Chennai.

  • How many offices does GSE Systems have?

    GSE Systems has 4 offices.