Kforce market cap is $1 b, and annual revenue was $1.35 b in FY 2019

Kforce Gross profit (Q3, 2020)103.9 M

Kforce Gross profit margin (Q3, 2020), %28.4%

Kforce Net income (Q3, 2020)18.8 M

Kforce EBIT (Q3, 2020)26.7 M

Kforce Cash, 30-Sept-2020101.3 M

Kforce EV1 B

Kforce revenue was $1.35 b in FY, 2019

Kforce revenue breakdown by business segment: 8.1% from Government Solutions, 22.1% from Finance and Accounting and 69.8% from Technology

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 1.3b | 1.4b | 1.4b | 1.3b |

| 3% | 4% | ||

## Cost of goods sold | 911.2m | 949.9m | 999.7m | 952.3m |

## Gross profit | 408.5m | 408.1m | 418.6m | 395.0m |

| 31% | 30% | 30% | 29% |

## General and administrative expense | 340.7m | 331.2m | 329.1m | 314.2m |

## Operating expense total | 340.7m | 331.2m | 337.0m | 320.2m |

## Depreciation and amortization | 8.7m | 8.3m | 7.8m | 6.1m |

## EBIT | 59.1m | 68.6m | 81.7m | 74.8m |

| 4% | 5% | 6% | 6% |

## Pre tax profit | 56.0m | 64.1m | 77.2m | 71.4m |

## Income tax expense | 23.2m | 30.8m | 19.2m | 16.8m |

## Net Income | 32.8m | 33.3m | 58.0m | 130.9m |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 1.5m | 379.0k | 112.0k | 19.8m |

## Accounts Receivable | 206.4m | 225.9m | 234.9m | 217.9m |

## Prepaid Expenses | 10.7m | 12.1m | 13.1m | 7.5m |

## Current Assets | 218.7m | 245.4m | 248.5m | 245.2m |

## PP&E | 43.1m | 39.7m | 35.8m | 30.0m |

## Goodwill | 46.0m | 46.0m | 46.0m | 25.0m |

## Total Assets | 365.4m | 384.3m | 379.9m | 381.1m |

## Accounts Payable | 37.2m | 34.9m | 38.6m | 20.3m |

## Current Liabilities | 83.4m | 83.7m | 90.4m | 85.0m |

## Long-term debt | 115.5m | 119.1m | 73.2m | 65.0m |

## Total Debt | 115.5m | 119.1m | 73.2m | 65.0m |

## Total Liabilities | 243.7m | 250.0m | 211.6m | 213.9m |

## Common Stock | 713.0k | 715.0k | 719.0k | 722.0k |

## Preferred Stock | ||||

## Additional Paid-in Capital | 428.2m | 437.4m | 447.3m | 459.5m |

## Retained Earnings | 175.0m | 195.1m | 237.3m | 350.5m |

## Total Equity | 121.7m | 134.3m | 168.3m | 167.3m |

## Debt to Equity Ratio | 0.9 x | 0.9 x | 0.4 x | |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.2 x | |

## Financial Leverage | 3 x | 2.9 x | 2.3 x | 2.3 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | 32.8m | 33.3m | 58.0m | 130.9m |

## Depreciation and Amortization | 8.8m | 8.5m | 8.3m | 6.5m |

## Accounts Receivable | (8.4m) | (20.5m) | (10.9m) | (5.4m) |

## Accounts Payable | (1.9m) | (1.5m) | 3.9m | |

## Cash From Operating Activities | 39.8m | 29.3m | 87.7m | 66.6m |

## Purchases of PP&E | (12.4m) | (5.8m) | (5.2m) | (10.4m) |

## Cash From Investing Activities | (12.4m) | (4.8m) | (4.2m) | 103.2m |

## Short-term Borrowings | (495.1m) | (86.9m) | ||

## Long-term Borrowings | (907.8m) | (1.0b) | (2.0m) | (1.7m) |

## Dividends Paid | (12.4m) | (12.1m) | (14.9m) | (16.6m) |

## Cash From Financing Activities | (27.4m) | (25.6m) | (83.8m) | (150.1m) |

## Net Change in Cash | (15.0k) | (1.1m) | (267.0k) | 19.7m |

## Interest Paid | 1.5m | |||

## Income Taxes Paid | 24.9m |

USD | FY, 2016 |
---|---|

## Revenue/Employee | 471.3k |

## Debt/Equity | 0.9 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 3 x |

Kforce's Customers was reported to be 4 k in Feb, 2019. Kforce's Subscribers was reported to be 3 m in Feb, 2018.