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.


Company Growth (employees)
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

NIC Office Locations

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

NIC Financials and Metrics

NIC Financials

NIC's revenue was reported to be $317.9 m in FY, 2016
USD

Revenue (Q3, 2017)

84.5 m

Net income (Q3, 2017)

14 m

Market capitalization (13-Nov-2017)

1 b

Cash (30-Sep-2017)

152.3 m
NIC's current market capitalization is $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

36.9 m38.9 m
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
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
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
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)
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)
Y, 2017

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, 2017

Portals

28282828272727272728272726
Show all operating metrics

NIC Market Value History

NIC Revenue Breakdown

NIC's Web-traffic and Trends

NIC Online and Social Media Presence

NIC News and Updates

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Startup Surgery: Can my co-founder and I ask for a salary with our first Seed investment?

Michael O'Brien from chartered accountants and financial advisers Kreston Reeves answers a reader's question about whether those raising Seed funding can expect to take a salary. The post Startup Surgery: Can my co-founder and I ask for a salary with our first Seed investment? appeared first on Tech…

Build, borrow and buy-back: Labour's manifesto

As the election campaign picks up speed, it is encouraging to see the parties start to set out clear policies for the built environment. The Labour Manifesto includes a wide range of policy commitments to the built environment; the prominence given to the sector in the party’s platform is welcome. H…

NIC Company Life and Culture

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