NIC
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NIC

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    • Government & Public ServicesTechnologygovernmentit services

    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.


    Revenue(FY, 2016)
    $317.9 M
    Market capitalization(2018-04-18)
    $964.2 M
    Type
    Public
    HQ
    Olathe, US
    Founded
    1992
    Size (employees)
    929 (est)
    Website
    egov.com
    NIC was founded in 1992 and is headquartered in Olathe, US
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    Key People/Management at NIC

    Harry Herington

    Harry Herington

    Chief Executive Officer and Chairman of the Board
    Stephen Kovzan

    Stephen Kovzan

    Chief Financial Officer
    Robert Knapp

    Robert Knapp

    Chief Operating Officer
    William Bradley

    William Bradley

    Executive Vice President, Chief Administrative Officer, General Counsel, & Secretary
    Ron Thornburgh

    Ron Thornburgh

    Senior Vice President of Business Development
    Aimi Daughtery

    Aimi Daughtery

    Chief Accounting Officer
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    NIC Office Locations

    NIC has an office in Olathe
    Olathe, US (HQ)
    300 25501 W Valley Pkwy
    Show all (1)
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    NIC Financials and Metrics

    NIC Financials

    NIC's revenue was reported to be $317.91 m in FY, 2016 which is a 8.7% increase from the previous period.
    USD

    Revenue (Q3, 2017)

    		84.5 m

    Net income (Q3, 2017)

    		14 m

    Market capitalization (18-Apr-2018)

    		964.2 m

    Cash (30-Sep-2017)

    		152.3 m
    NIC's current market capitalization is $964.2 m.
    Annual
    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

    		36.9 m38.9 m
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Revenue

    		75.8 m75 m78.4 m80.8 m80.4 m83.2 m85.3 m84.5 m

    Operating expense total

    		57.3 m55.1 m58 m60.5 m60 m62.1 m65.6 m64.4 m

    Income tax expense

    		7.3 m7.2 m7.5 m7.3 m4.2 m7.1 m7 m6.1 m

    Net Income

    		20.4 m30.8 m8.9 m11.3 m12.8 m12.9 m13.1 m16.2 m14 m12.8 m14 m
    show all
    Annual
    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
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Cash

    		90.9 m81.6 m95.7 m106 m92.1 m107.4 m122.4 m105.8 m128.1 m151.4 m123.6 m135.4 m152.3 m

    Accounts Receivable

    		61 m61.6 m61.2 m61.9 m67.8 m76.5 m78.6 m79.2 m77.4 m82 m83.8 m79.3 m83.8 m

    Current Assets

    		165.1 m154.7 m168.5 m179.7 m173.5 m196.5 m211.8 m198.9 m220.3 m247.9 m220 m227.1 m247.8 m

    PP&E

    		14.2 m14.1 m13.7 m13 m11 m10.5 m9.7 m9.5 m9.3 m9.1 m9.6 m9.7 m9.3 m
    show all
    Annual
    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
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    		25.9 m9.4 m20.4 m30.8 m8.9 m20.2 m33 m12.9 m26 m42.2 m14 m26.8 m40.8 m

    Accounts Payable

    		2.2 m8 m6.7 m2.4 m6.9 m14 m13.8 m(3.4 m)1.6 m10.2 m(14.5 m)(5.9 m)

    Cash From Operating Activities

    		31.4 m6.8 m22.7 m34.6 m3.8 m20.8 m37 m8.1 m32.1 m57.2 m4.9 m24.4 m48.6 m

    Purchases of PP&E

    		(3.9 m)(919 k)(2.7 m)(4 m)(677 k)(2.2 m)(3.3 m)(1.5 m)(2.7 m)(3.9 m)(929 k)(2.4 m)(3.3 m)
    show all
    USDY, 2017

    Revenue/Employee

    		91 k

    Financial Leverage

    		1.6 x
    Show all financial metrics

    NIC Operating Metrics

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

    Portals

    		28 28 28 28 27 27 27 27 27 28 27 27 26 26 26
    Show all operating metrics
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    Competitors

    T-Rex Corp
    Government & Public Services - Private
    Department of Better Technology
    Government & Public Services - Private
    Tyler Technologies
    Government & Public Services - Public
    ISHPI
    Government & Public Services - Private
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    NIC News and Updates

    March 08, 2018

    Navistar reports first quarter 2018 results

    Revenues in the quarter were $1.9 billion, a 15-percent increase compared to $1.7 billion in the first quarter last year, driven by a 24-percent increase in the company’s Core (Class 6-8 trucks and buses in the United States and Canada) volumes. First quarter 2018 EBITDA was $55 million, compared to…
    January 22, 2018

    Mercury Analyzer Market -2023 Detailed Analysis and Forecast with Vendors NIC, TELEDYNE LEEMAN, Milestone, LUMEX, Mercury-instruments, Perkin Elmer, Analytik Jena, HITACHI, TEKRAN and Others

    This report provides an in-depth insight of Global Mercury Analyzer Market covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis Posted via Industry Today. Follow us on Twitter @IndustryToday
    January 08, 2018

    Employing People Abroad - Best Practices

    Tags Recruitment employees
    December 30, 2017

    Infrastructure chief Lord Adonis quits post over May's handling of Brexit

    Influential peer Lord Adonis has quit his post as an infrastructure adviser, saying that the government has become too aligned with Ukip over Brexit. Adonis was head of the government's National Infrastructure Commission (NIC), but has told Theresa May that Brexit is preoccupying Whitehall, and t…
    December 19, 2017

    Navistar reports 2017 fourth quarter and full year results

    Fourth quarter 2017 adjusted EBITDA was $268 million, which included $11 million of adjustments. Adjusted EBITDA margins increased to 10.3 percent. Fiscal year 2017 adjusted EBITDA was $582 million, versus $508 million adjusted EBITDA for 2016. Full-year adjusted EBITDA margins increased to 6.8 perc…
    December 04, 2017

    South Korea hikes rates, will Asia follow?

    South Korea is taking everything in its stride, including the threat of war. While the Pyongyang’s latest missile test landed somewhere in the Sea of Japan, the Bank of Korea (BOK) raised interest rates for the first time since 2011 as the economy exceeded even the highest of expectations. 3rd…
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