NIC is the nation's leading provider of official government websites, online services, and secure payment processing solutions. The Company's innovative eGovernment services help make government more accessible to everyone through technology. The Company offers its services through two channels: primary outsourced portal businesses, and software and services businesses. 

In the primary outsourced portal businesses, the Company enters into contracts with state and local governments to design, build, and operate Internet-based, enterprise-wide portals on their behalf. Its software and services businesses include its subsidiaries that provide software development and payment processing services, other than outsourced portal services, to state and local governments, as well as federal agencies.


Type
Public
HQ
Olathe, US
Founded
1992
Size (employees)
929 (est)+9%
Website
egov.com
NIC was founded in 1992 and is headquartered in Olathe, US

NIC Office Locations

NIC has an office in Olathe
Olathe, US (HQ)
300 25501 W Valley Pkwy

NIC Data and Metrics

NIC Financial Metrics

NIC's revenue was reported to be $317.9 m in FY, 2016 which is a 9% increase from the previous period.
USD

Revenue (FY, 2016)

317.9 m

Revenue growth (FY, 2015 - FY, 2016), %

9%

Net income (FY, 2016)

55.8 m

Market capitalization (21-Jul-2017)

1.1 b

Cash (31-Dec-2016)

127 m
NIC's current market capitalization is $1.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

249.3 m272.1 m292.4 m317.9 m

Revenue growth, %

9%7%9%

General and administrative expense

36.9 m38.9 m

Operating expense total

196.7 m209.1 m57.1 m61.6 m

EBIT

52.6 m63 m67.3 m

EBIT margin, %

21%23%23%

Pre tax profit

52.6 m63 m

Income tax expense

20.5 m24 m5.1 m3.1 m

Net Income

32 m39.1 m42 m55.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

74.2 m88 m98.4 m127 m

Accounts Receivable

82.7 m

Current Assets

162.7 m158 m227.8 m224.8 m

PP&E

15.2 m12.2 m9.3 m9.7 m

Total Assets

180 m173.1 m241.2 m240.9 m

Accounts Payable

39.1 m41.4 m61.1 m73.3 m

Current Liabilities

83.3 m64.1 m121.2 m99.8 m

Total Liabilities

107 m

Additional Paid-in Capital

88.4 m94.7 m100.9 m106.7 m

Retained Earnings

3.5 m9.4 m14.9 m27.2 m

Total Equity

91.9 m104.1 m115.8 m133.9 m

Financial Leverage

2 x1.7 x2.1 x1.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

32 m39.1 m42 m55.8 m

Accounts Payable

(4.5 m)2.3 m19.7 m12.1 m

Cash From Operating Activities

40.9 m51.3 m50.8 m78.4 m

Purchases of PP&E

(6.7 m)(5.4 m)(4.5 m)(5.6 m)

Cash From Investing Activities

(8.2 m)(6.9 m)(5.4 m)(8.2 m)

Cash From Financing Activities

(20.8 m)(30.7 m)(34.9 m)(41.6 m)

Income Taxes Paid

15.9 m25.1 m27.2 m19.8 m
Y, 2016

Financial Leverage

1.8 x

NIC Operating Metrics

Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Portals

28282828272727272728272726

    NIC Market Value History

    NIC Revenue Breakdown

    NIC Online and Social Media Presence

    NIC News and Updates

    NIC Company Life and Culture

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