SYKES is a global leader in providing customer contact management solutions and services in the business process outsourcing (BPO) arena. The Company provides an array of sophisticated customer contact management solutions to Fortune 1000 companies around the world, primarily in the communications, financial services, healthcare, technology and transportation and leisure industries. SYKES specializes in providing flexible, high-quality customer support outsourcing solutions with an emphasis on inbound technical support and customer service. The Company provides its services through multiple communication channels encompassing phone, e-mail, web, chat and social media. Utilizing its integrated onshore/offshore global delivery model, along with virtual at-home agents, SYKES serves its clients through two geographic operating segments: the Americas (United States, Canada, Latin America, India and the Asia Pacific region) and EMEA (Europe, Middle East and Africa). It also provides various enterprise support services in the Americas and fulfillment services in EMEA, which include multi-lingual sales order processing, payment processing, inventory control, product delivery and product returns handling.
Company Growth (employees)
Sykes Enterprises was founded in 1977 and is headquartered in Tampa, US
Sykes Enterprises Office Locations
Sykes Enterprises has an office in Tampa
Tampa, US (HQ)
2800 Rivergate Tower 400 N Ashley Dr
Sykes Enterprises Data and Metrics
Sykes Enterprises Financial Metrics
Sykes Enterprises's revenue was reported to be $1.5 b in FY, 2016 which is a 14% increase from the previous period.
USD
Revenue (FY, 2016) | 1.5 b |
Revenue growth (FY, 2015 - FY, 2016), % | 14% |
Net income (FY, 2016) | 62.4 m |
EBIT (FY, 2016) | 92.2 m |
Market capitalization (21-Jul-2017) | 1.4 b |
Cash (31-Dec-2016) | 266.7 m |
EV | 1.4 b |
Sykes Enterprises's current market capitalization is $1.4 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 1.3 b | 1.3 b | 1.3 b | 1.5 b |
Revenue growth, % | 5% | (3%) | 14% | |
Gross profit | 408.2 m | 435.4 m | 449.8 m | |
Gross profit Margin, % | 32% | 33% | 35% | |
General and administrative expense | 351.4 m | |||
Operating expense total | 354.7 m | 355.9 m | 355.6 m | 1.4 b |
EBIT | 53.5 m | 79.6 m | 94.3 m | 92.2 m |
EBIT margin, % | 4% | 6% | 7% | 6% |
Interest expense | 2.3 m | 2 m | 2.5 m | 5.6 m |
Interest income | 866 k | 958 k | 668 k | 607 k |
Pre tax profit | 51.3 m | 77.2 m | 90 m | 88.9 m |
Income tax expense | 14.1 m | 19.4 m | 21.4 m | 26.5 m |
Net Income | 37.3 m | 57.8 m | 68.6 m | 62.4 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 212 m | 215.1 m | 235.4 m | 266.7 m |
Accounts Receivable | 138.5 m | |||
Current Assets | 513.3 m | 550.1 m | 563 m | 623.2 m |
PP&E | 117.5 m | 109.9 m | 112 m | 156.2 m |
Total Assets | 950.3 m | 944.5 m | 947.8 m | 1.2 b |
Accounts Payable | 25.5 m | 25.5 m | 23.3 m | 29.2 m |
Total Debt | 267 m | |||
Current Liabilities | 173.4 m | 167.9 m | 153.2 m | 202.9 m |
Total Liabilities | 511.9 m | |||
Additional Paid-in Capital | 279.5 m | 279.3 m | 275.4 m | 281.4 m |
Retained Earnings | 349.4 m | 400.5 m | 458.3 m | 518.6 m |
Total Equity | 635.7 m | 658.2 m | 678.7 m | 724.5 m |
Debt to Equity Ratio | 0.4 x | |||
Debt to Assets Ratio | 0.2 x | |||
Financial Leverage | 1.5 x | 1.4 x | 1.4 x | 1.7 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 37.3 m | 57.8 m | 68.6 m | 62.4 m |
Depreciation and Amortization | 14.9 m | 14.4 m | 14.2 m | 69 m |
Accounts Payable | (1.3 m) | 2 m | (124 k) | (2.9 m) |
Cash From Operating Activities | 86.2 m | 94.3 m | 120.5 m | 130.7 m |
Capital Expenditures | (59.2 m) | (44.7 m) | (49.7 m) | (78.3 m) |
Cash From Investing Activities | (59.4 m) | (40.9 m) | (57 m) | (272.8 m) |
Long-term Borrowings | (25 m) | (23 m) | (10 m) | (19 m) |
Cash From Financing Activities | 1.6 m | (35.8 m) | (29.4 m) | 181.8 m |
Free Cash Flow | 145.4 m | 138.9 m | 170.1 m | 52.4 m |
| USD | Y, 2016 |
|---|---|
EV/EBIT | 15.5 x |
EV/CFO | 10.9 x |
EV/FCF | 27.3 x |
Revenue/Employee | 26.8 k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.7 x |
