NIC is a provider of digital government services. The company enters into contracts with state and local governments to design, build, and operate digital government services on an enterprise-wide basis on their behalf. It also provides software development and payment processing services to federal agencies, as well as state and local governments.
Type | Public | |
Founded | 1992 | |
HQ | Olathe, KS, US | Map |
Website | egov.com | |
Employee Ratings | More | |
Overall Culture | B+ | More |
USD | |
---|---|
Revenue (Q3, 2020) | 91.5m |
Gross profit (Q3, 2020) | 37.7m |
Gross profit margin (Q3, 2020), % | 41.2% |
Market capitalization (15-Jan-2021) | 1.8b |
Closing stock price (15-Jan-2021) | 27.5 |
Cash (30-Sept-2020) | 235.3m |
EV | 1.6b |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 83.2m | 85.3m | 84.5m | 86.7m | 92.5m | 87.0m | 85.2m | 91.6m | 90.4m | 91.1m | 77.8m | 91.5m |
Cost of goods sold | 48.8m | 50.8m | 50.5m | 50.9m | 53.9m | 50.5m | 51.4m | 55.6m | 54.0m | 57.0m | 45.9m | 53.8m |
Gross profit | 34.4m | 34.5m | 34.0m | 35.9m | 38.6m | 36.6m | 33.8m | 36.0m | 36.4m | 34.1m | 31.9m | 37.7m |
Gross profit Margin, % | 41% | 40% | 40% | 41% | 42% | 42% | 40% | 39% | 40% | 37% | 41% | 41% |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 123.6m | 135.4m | 152.3m | 162.4m | 172.7m | 181.0m | 180.6m | 186.5m | 209.3m | 217.6m | 220.4m | 235.3m |
Accounts Receivable | 83.8m | 79.3m | 83.8m | 87.2m | 92.8m | 98.9m | 113.6m | 113.1m | 106.1m | 101.8m | 106.5m | 139.0m |
Prepaid Expenses | 12.6m | 12.4m | 11.8m | 14.5m | 13.0m | 13.9m | 14.9m | 12.6m | 13.0m | 18.4m | 13.4m | 18.6m |
Current Assets | 220.0m | 227.1m | 247.8m | 264.1m | 278.5m | 293.8m | 309.0m | 312.3m | 328.3m | 337.8m | 340.3m | 393.0m |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 14.0m | 26.8m | 40.8m | 15.5m | 32.5m | 48.4m | 11.5m | 26.0m | 40.5m | 11.9m | 25.7m | 50.8m |
Depreciation and Amortization | 1.6m | 3.3m | 5.1m | 2.1m | 4.2m | 6.7m | 2.4m | 5.6m | 9.1m | 3.5m | 7.0m | 10.5m |
Accounts Payable | (9.8m) | (14.5m) | (5.9m) | (20.1m) | (19.5m) | (13.0m) | 20.0m | 23.6m | 24.7m | 24.4m | 12.2m | 16.0m |
Cash From Operating Activities | 4.9m | 24.4m | 48.6m | 9.2m | 28.4m | 49.6m | 1.1m | 27.8m | 58.7m | 16.9m | 29.6m | 53.2m |
USD | Q1, 2017 |
---|---|
Financial Leverage | 1.7 x |
Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | |
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Active Contracts | 15 | 14 | 14 | 27 | 17 | 16 | 15 | 15 | 16 | 16 | 15 | 15 | 15 | ||||||||||||
Portals | 28 | 28 | 28 | 28 | 27 | 27 | 27 | 27 | 27 | 28 | 27 | 27 | 26 | 26 | 26 | 27 | 27 | 27 | 26 | 26 |
Company Name | Date | Deal Size |
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Complia | May 06, 2019 | |
Alabama Interactive | ||
Arkansas Information Consortium | ||
Colorado Interactive | ||
Connecticut Interactive | ||
Hawaii Information Consortium | ||
Idaho Information Consortium | ||
Illinois Interactive | ||
Indiana Interactive | ||
Iowa Interactive |
NIC revenue breakdown by business segment: 90.5% from Software and Services and 9.5% from State Enterprise
NIC has 1.97k Twitter Followers. The number of followers has increased 0.1% quarter over quarter
3.9k
Tweets
555
Following
2k
Followers
21
Tweets last 30 days
2.2
Avg. likes per Tweet
90.5%
Tweets with engagement
B+
79/100
C+
70/100
A+
95/100
When was NIC founded?
NIC was founded in 1992.
Who are NIC key executives?
NIC's key executives are Harry H. Herington, Stephen M. Kovzan and Jayne Friedland Holland.
How many employees does NIC have?
NIC has 1,000 employees.
What is NIC revenue?
Latest NIC annual revenue is $354.2 m.
What is NIC revenue per employee?
Latest NIC revenue per employee is $354.2 k.
Who are NIC competitors?
Competitors of NIC include Red River, Carahsoft and Appriss.
Where is NIC headquarters?
NIC headquarters is located at 25501 W Valley Pkwy #300, Olathe.
Where are NIC offices?
NIC has an office in Olathe.
How many offices does NIC have?
NIC has 1 office.
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