VOLT · Volt Information Sciences, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $226.93M | - | $217.53M | $222.09M | $217.96M | - | $185.94M | $207.28M | $217.77M | - |
| Cost of Revenue | $191.84M | - | $181.33M | $185.61M | $185.28M | - | $155.98M | $175.04M | $186.34M | - |
| Gross Profit | $35.09M | - | $36.20M | $36.48M | $32.68M | - | $29.96M | $32.24M | $31.43M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $34.98M | - | $34.04M | $32.95M | $33.75M | - | $31.25M | $36.19M | $39.50M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | $1.97M | - |
| Operating Income | ($497.0K) | - | $1.56M | $2.67M | ($1.73M) | - | ($4.22M) | ($4.36M) | ($9.33M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $153.0K | - | $314.0K | $288.0K | $327.0K | - | $556.0K | $23.0K | $195.0K | - |
| Net Income | ($1.22M) | - | $615.0K | $1.88M | ($2.45M) | - | ($4.84M) | ($5.42M) | ($10.81M) | - |
| EPS - Basic | ($0.06) | - | $0.03 | $0.09 | ($0.11) | - | ($0.22) | ($0.25) | ($0.50) | - |
| EPS - Diluted | ($0.06) | - | $0.03 | $0.08 | ($0.11) | - | ($0.22) | ($0.25) | ($0.50) | - |
Balance Sheet
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $54.86M | $71.37M | $49.59M | $47.23M | $40.06M | $38.55M | $30.93M | $26.22M | $30.88M | $28.67M |
| Accounts Receivable | $129.30M | $127.21M | $127.20M | $127.44M | $129.91M | $121.92M | $108.39M | $116.37M | $125.11M | $135.95M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $36.65M | $36.54M | $28.67M | $24.79M | $25.73M | $31.22M | $27.01M | $29.67M | $29.94M | $36.34M |
| Current Assets | $202.24M | $213.54M | $197.22M | $195.02M | $188.00M | $188.26M | $170.68M | $170.52M | $172.07M | $184.67M |
| Total Assets | $247.06M | $260.10M | $246.67M | $245.35M | $240.86M | $241.84M | $241.33M | $245.35M | $249.28M | $218.00M |
| Current Liabilities | $116.58M | $114.31M | $100.86M | $100.29M | $96.00M | $86.50M | $81.30M | $90.14M | $96.42M | $95.32M |
| Long-term Debt | $59.38M | $59.31M | $59.23M | $59.15M | $59.08M | $59.15M | $53.89M | $58.92M | $53.83M | $53.89M |
| Total Liabilities | $217.28M | $229.01M | $217.01M | $216.20M | $214.28M | $213.97M | $201.07M | $202.40M | $200.82M | $181.81M |
| Stockholders' Equity | $29.78M | $31.09M | $29.65M | $29.15M | $26.58M | $27.87M | $40.26M | $42.95M | $48.47M | $36.19M |
| Retained Earnings | ($33.43M) | ($32.21M) | ($33.41M) | ($30.50M) | ($32.38M) | ($29.79M) | ($16.78M) | ($5.67M) | ($248.0K) | ($10.92M) |
Cash Flow
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($11.92M) | - | - | - | ($6.50M) | - | - | - | $33.0K | - |
| Investing Cash Flow | ($641.0K) | - | - | - | ($963.0K) | - | - | - | ($1.03M) | - |
| Financing Cash Flow | ($16.0K) | - | - | - | ($166.0K) | - | - | - | ($236.0K) | - |
| CapEx | $797.0K | - | - | - | $959.0K | - | - | - | $1.37M | - |
| Free Cash Flow | ($12.71M) | - | - | - | ($7.46M) | - | - | - | ($1.34M) | - |
Ratios
| Metric | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 15.5% | - | 16.6% | 16.4% | 15.0% | - | 16.1% | 15.6% | 14.4% | - |
| Operating margin | -0.2% | - | 0.7% | 1.2% | -0.8% | - | -2.3% | -2.1% | -4.3% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | -3.4% | - |
| Net margin | -0.5% | - | 0.3% | 0.8% | -1.1% | - | -2.6% | -2.6% | -5.0% | - |
| Free cash flow margin | -5.6% | - | - | - | -3.4% | - | - | - | -0.6% | - |
| FCF / Net income | 10.43 | - | - | - | 3.05 | - | - | - | 0.12 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 15.4% | - | 15.6% | 14.8% | 15.5% | - | 16.8% | 17.5% | 18.1% | - |
| Effective tax rate | - | - | 33.8% | 13.3% | - | - | - | - | - | - |
| Return on assets | -0.5% | - | 0.2% | 0.8% | -1.0% | - | -2.0% | -2.2% | -4.3% | - |
| Return on equity | -4.1% | - | 2.1% | 6.4% | -9.2% | - | -12.0% | -12.6% | -22.3% | - |
| Return on invested capital | -0.4% | - | 1.2% | 2.6% | -1.6% | - | -3.5% | -3.4% | -7.2% | - |
| Liquidity | ||||||||||
| Current ratio | 1.73 | 1.87 | 1.96 | 1.94 | 1.96 | 2.18 | 2.10 | 1.89 | 1.78 | 1.94 |
| Quick ratio | 1.73 | 1.87 | 1.96 | 1.94 | 1.96 | 2.18 | 2.10 | 1.89 | 1.78 | 1.94 |
| Cash ratio | 0.47 | 0.62 | 0.49 | 0.47 | 0.42 | 0.45 | 0.38 | 0.29 | 0.32 | 0.30 |
| Leverage | ||||||||||
| Debt / Equity | 1.99 | 1.91 | 2.00 | 2.03 | 2.22 | 2.12 | 1.34 | 1.37 | 1.11 | 1.49 |
| Debt / Assets | 0.24 | 0.23 | 0.24 | 0.24 | 0.25 | 0.24 | 0.22 | 0.24 | 0.22 | 0.25 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 8.30 | 8.37 | 8.32 | 8.42 | 9.06 | 8.68 | 5.99 | 5.71 | 5.14 | 6.02 |
| Liabilities / Assets | 0.88 | 0.88 | 0.88 | 0.88 | 0.89 | 0.88 | 0.83 | 0.82 | 0.81 | 0.83 |
| Efficiency | ||||||||||
| Asset turnover | 0.92 | - | 0.88 | 0.91 | 0.90 | - | 0.77 | 0.84 | 0.87 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 208d | - | 213d | 209d | 218d | - | 213d | 205d | 210d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 70d | - | 58d | 49d | 51d | - | 63d | 62d | 59d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.1% | - | 17.0% | 7.1% | 0.1% | - | -27.9% | -17.8% | -14.1% | - |
| Revenue CAGR (3y) | -3.6% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 7.4% | - | 20.8% | 13.2% | 4.0% | - | -16.0% | -11.1% | -16.6% | - |
| Operating income growth (YoY) | 71.2% | - | - | - | 81.5% | - | 12.9% | -16.3% | -329.8% | - |
| Net income growth (YoY) | 50.2% | - | - | - | 77.4% | - | 20.1% | -5.0% | -236.2% | - |
| EPS growth (YoY) | 45.5% | - | - | - | 78.0% | - | 24.1% | -4.2% | -233.3% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -70.5% | - | - | - | -457.8% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 12.0% | 11.5% | -26.3% | -32.1% | -45.2% | -23.0% | 12.9% | 1.6% | 1.5% | -28.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-10-31.
Business segments
$885.04M totalNorth American Staffing$738.77M · 83.5%
International Staffing$106.96M · 12.1%
North American MSP$39.31M · 4.4%
Product / service
$885.39M totalStaffing Services$845.13M · 95.5%
Managed Service Program$23.90M · 2.7%
Direct Placement Services$16.36M · 1.8%
Geographic
$885.39M totalUS$774.09M · 87.4%
Non Us$111.30M · 12.6%
Peer comparison
Same SIC group: Services-Help Supply Services
Comparing VOLT INFORMATION SCIENCES against the 5 most active filers in the same SIC group.