OverviewSuggest Edit

Versar is a global project management company providing program and project management support to federal, state, and local government clients as well as to industries worldwide. It specializes in program and construction management, environmental services, security systems, and military services.

TypePrivate
Founded1969
HQSpringfield, VA, US
Websiteversar.com
Employee Ratings2.9
Overall CultureC-

Latest Updates

Employees (est.) (Sept 2021)455
Job Openings19
Revenue (FY, 2017)$111.8 M(-33%)
Share Price (Jul 2017)$1.4
Cybersecurity ratingAMore

Key People/Management at Versar

Dwane Stone

Dwane Stone

CEO
Dale Stucke

Dale Stucke

Chief Financial Officer
Suzanne J. Bates

Suzanne J. Bates

Senior Vice President Environmental Services
Daniel M. Patton

Daniel M. Patton

Senior Vice President / Program & Construction Management and Military Programs
Kevin Gooch

Kevin Gooch

Senior Vice President, Versar CEO, BayFirst Solutions, LLC, a Subsidiary of Versar
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Versar Office Locations

Versar has an office in Springfield
Springfield, VA, US (HQ)
6850 Versar Center
Show all (1)

Versar Financials and Metrics

Summary Metrics

Founding Date

1969
Show all financial metrics

Versar Revenue

Versar's revenue was reported to be $111.82 m in FY, 2017
USD

Revenue (FY, 2017)

111.8m

Gross profit (FY, 2017)

51.0m

Gross profit margin (FY, 2017), %

45.6%

Net income (FY, 2017)

(9.6m)

EBIT (FY, 2017)

(8.2m)

Cash (30-Jun-2017)

1.0m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

119.0m102.6m110.3m159.9m167.9m111.8m

Revenue growth, %

45%5%

Cost of goods sold

55.1m90.3m107.2m60.9m

Gross profit

55.2m69.6m60.7m51.0m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

33.3m31.3m25.7m23.6m24.7m31.6m29.1m28.0m28.2m29.6m34.2m39.8m44.9m36.5m29.3m30.5m25.3m

Cost of goods sold

12.2m17.0m22.3m29.8m21.4m15.4m16.8m12.2m

Gross profit

17.4m17.1m17.5m15.1m15.1m13.9m13.7m13.1m

Gross profit Margin, %

59%50%44%34%41%47%45%52%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

8.0m8.7m9.7m2.1m1.5m1.0m

Accounts Receivable

25.6m29.3m26.0m57.2m47.7m31.8m

Prepaid Expenses

1.9m1.1m1.6m

Inventories

1.4m1.2m1.3m1.5m1.0m
Quarterly
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

4.2m2.4m(334.0k)1.4m(37.9m)(9.6m)

Depreciation and Amortization

1.7m1.7m2.0m2.6m5.8m1.9m

Inventories

42.0k206.0k(3.6m)(3.6m)(3.3m)

Accounts Payable

(4.6m)5.4m(2.2m)23.0m(19.6m)(2.3m)
USDQ1, 2012

Financial Leverage

1.7 x
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Versar Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Versar Online and Social Media Presence

Embed Graph

Versar Company Culture

  • Overall Culture

    C-

    65/100

  • CEO Rating

    F

    33/100

  • Compensation

    B

    75/100

Learn more on Comparably

Versar News and Updates

Utility Pouches Market To Make Great Impact In Near Future by 2027

Future Market Insights has announced the addition of the “Utility Pouches Market: Global Industry Analysis and Opportunity Assessment, 2017-2027"report to their offering. Posted via Industry Today. Follow us on Twitter @IndustryToday

Kingswood buys project management company Versar

Kingswood Capital Management has acquired Springfield, Virginia-based Versar, a project management company. The offer was made for 15 cents per share. Canaccord Genuity provided financial advice to Kingswood on the deal.

Versar Frequently Asked Questions

  • When was Versar founded?

    Versar was founded in 1969.

  • Who are Versar key executives?

    Versar's key executives are Dwane Stone, Dale Stucke and Suzanne J. Bates.

  • How many employees does Versar have?

    Versar has 455 employees.

  • What is Versar revenue?

    Latest Versar annual revenue is $111.8 m.

  • What is Versar revenue per employee?

    Latest Versar revenue per employee is $245.8 k.

  • Who are Versar competitors?

    Competitors of Versar include Cumming, R&M Government Services and Syctom.

  • Where is Versar headquarters?

    Versar headquarters is located at 6850 Versar Center, Springfield.

  • Where are Versar offices?

    Versar has an office in Springfield.

  • How many offices does Versar have?

    Versar has 1 office.