Founded in 1992, NIC (NASDAQ: EGOV) 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 family of NIC companies provides eGovernment solutions for more than 3,500 federal, state, and local agencies in the United States. Forbes has named NIC as one of the “100 Best Small Companies in America” six times, most recently ranked at No.36 (2014), and the company has been included four times on the Barron’s 400 Index. Additional information is available at http://www.egov.com.
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.
Numbers are in $, USD

Revenue (FY, 2016)

317.9 m

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

9%

Net income (FY, 2016)

55.8 m

Market capitalization (24-May-2017)

1.4 b

Closing share price (24-May-2017)

20.4

Cash (31-Dec-2016)

127 m
NIC's current market capitalization is $1.4 b.
Numbers are in $, 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
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

74.2 m88 m98.4 m127 m

Accounts Receivable

Inventories

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

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
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

32 m39.1 m42 m55.8 m

Accounts Receivable

Inventories

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 Market Value History

NIC Online and Social Media Presence

NIC News and Updates

NIC Company Life and Culture

You may also be interested in