Announcement • Jul 17
BGSF, Inc. to Report Q2, 2026 Results on Aug 05, 2026 BGSF, Inc. announced that they will report Q2, 2026 results After-Market on Aug 05, 2026 Board Change • Jun 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Donna Carroll was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 21
BGSF, Inc. to Report Q1, 2026 Results on May 06, 2026 BGSF, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 06, 2026 Announcement • Mar 17
BGSF, Inc. announced delayed annual 10-K filing On 03/16/2026, BGSF, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Feb 18
BGSF, Inc. to Report Q4, 2025 Results on Mar 11, 2026 BGSF, Inc. announced that they will report Q4, 2025 results After-Market on Mar 11, 2026 Announcement • Nov 10
BGSF, Inc. (NYSE:BGSF) announces an Equity Buyback for $5 million worth of its shares. BGSF, Inc. (NYSE:BGSF) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its common stock. Announcement • Oct 22
BGSF, Inc. to Report Q3, 2025 Results on Nov 05, 2025 BGSF, Inc. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Announcement • Sep 17
BGSF, Inc., Annual General Meeting, Nov 05, 2025 BGSF, Inc., Annual General Meeting, Nov 05, 2025. Location: 5830 granite parkway, first floor, suite 140b, texas 75024, plano, Canada Announcement • Sep 12
BGSF, Inc. Declares Special Cash Dividend on Common Stock, Payable on September 30, 2025 BGSF, Inc. announced that its Board of Directors has authorized and declared a special cash dividend of $2.00 per share of the Company's common stock, par value $0.01 (Common Stock), payable on September 30, 2025, to the holders of record of all of the issued and outstanding shares of Common Stock as of the close of business on September 23, 2025. Announcement • Jul 22
BGSF, Inc. to Report Q2, 2025 Results on Aug 06, 2025 BGSF, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Announcement • Apr 29
BGSF, Inc. to Report Q1, 2025 Results on May 07, 2025 BGSF, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Announcement • Mar 21
BGSF, Inc. Announces Management Changes On March 12, 2025, the Board of Directors of BGSF, Inc. approved the appointment of Keith Schroeder, age 69, as Secretary of the Company, effective March 18, 2025 (the Commencement Date). Mr. Schroeder brings over 40 years of experience in accounting, corporate control and reporting, finance, operations, and as Chief Executive Officer and Chief Financial Officer strategic roles. Before joining the Company, Mr. Schroeder served as President and Chief Executive of Novipax Buyer, LLC in a carve-out transaction from December 2020 through September, 2024. Before this, Mr. Schroeder served as Chief Financial Officer of Novipax LLC from February 2019 to November 2020. Schroeder was also Chief Financial Officer and promoted to President and Chief Executive Officer of Xcaliber International LTD, LLC from 2016 to 2018. Between 2002 and 2016, Mr. Schroeder served as Chief Financial Officer for Orchids Paper Products. Earlier in his career, he worked in the large accounting and finance organizations for Cummins Engine Company and Atlas Van Lines, Inc. Mr. Schroeder earned his Bachelor of Science in Business Administration in Accounting and is a Certified Public Accountant (inactive). On March 12, 2025, John Barnett resigned as the Chief Financial Officer and Secretary of the Company and its subsidiaries, effective as of March 17, 2025. Mr. Barnett’s resignation was part of the Company’s leadership succession plan, and Mr. Barnett will continue to work for the Company in an advisory capacity through an undefined transition period. Announcement • Mar 13
BGSF, Inc. Announces Chief Financial Officer Changes BGSF, Inc. announced their leadership succession plan with the appointment of Mr. Keith Schroeder as the Company’s Chief Financial Officer, effective after the Annual Report on Form 10-K is filed for fiscal year 2024. Mr. Schroeder succeeds Mr. John Barnett, who served as the Company’s Chief Financial Officer since 2023. Mr. Schroeder brings over 40 years of experience in accounting, corporate control and reporting, finance, operations, and CEO and CFO strategic roles. Before BGSF, Mr. Schroeder served as President and Chief Executive of Novipax Buyer, LLC in a carve-out transaction from December 2020 through 2024. Before this, he led as Chief Financial Officer of Novipax LLC from February 2019 to November 2020. Schroeder was also CFO and promoted to President and CEO of Xcaliber International LTD, LLC from 2016 to 2018. Between 2002 and 2016, Schroeder served as CFO for Orchids Paper Products. Earlier in his career, he worked in the large accounting and finance organizations for Cummins Engine Company and Atlas Van Lines, Inc.Mr. Schroeder earned his Bachelor of Science in Business Administration with an Accounting major and is a certified public accountant (inactive). Announcement • Mar 06
BGSF, Inc. to Report Q4, 2024 Results on Mar 12, 2025 BGSF, Inc. announced that they will report Q4, 2024 results After-Market on Mar 12, 2025 New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings have declined by 30% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€74.8m market cap, or US$80.2m). Reported Earnings • Nov 08
Third quarter 2024 earnings released: US$0.074 loss per share (vs US$0.24 profit in 3Q 2023) Third quarter 2024 results: US$0.074 loss per share (down from US$0.24 profit in 3Q 2023). Revenue: US$71.2m (down 15% from 3Q 2023). Net loss: US$804.0k (down 131% from profit in 3Q 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Announcement • Oct 15
BGSF, Inc. to Report Q3, 2024 Results on Nov 06, 2024 BGSF, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €7.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Professional Services industry in Europe. Total loss to shareholders of 24% over the past three years. New Risk • Oct 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (€83.3m market cap, or US$92.3m). Reported Earnings • Aug 08
Second quarter 2024 earnings released: US$0.07 loss per share (vs US$0.24 profit in 2Q 2023) Second quarter 2024 results: US$0.07 loss per share (down from US$0.24 profit in 2Q 2023). Revenue: US$68.1m (down 16% from 2Q 2023). Net loss: US$761.0k (down 129% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Jul 24
BGSF, Inc. to Report Q2, 2024 Results on Aug 07, 2024 BGSF, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2024 Announcement • Jun 19
BGSF, Inc., Annual General Meeting, Aug 07, 2024 BGSF, Inc., Annual General Meeting, Aug 07, 2024. Location: 5850 granite parkway, suite 140c, texas 75024, plano United States New Risk • Jun 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (€69.6m market cap, or US$74.9m). Recent Insider Transactions • Jun 02
Independent Director recently bought €70k worth of stock On the 29th of May, C. Allen bought around 12k shares on-market at roughly €6.10 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €125k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €6.40, the stock trades at a trailing P/E ratio of 14.5x. Average forward P/E is 16x in the Professional Services industry in Germany. Total loss to shareholders of 27% over the past three years. Reported Earnings • May 09
First quarter 2024 earnings released: US$0.073 loss per share (vs US$1.54 loss in 1Q 2023) First quarter 2024 results: US$0.073 loss per share (improved from US$1.54 loss in 1Q 2023). Revenue: US$68.8m (down 8.7% from 1Q 2023). Net loss: US$792.0k (loss narrowed 95% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • May 01
BGSF, Inc. to Report Q1, 2024 Results on May 08, 2024 BGSF, Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 New Risk • Apr 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €92.9m (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 40% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (€92.9m market cap, or US$99.1m). Reported Earnings • Mar 14
Full year 2023 earnings released: US$0.95 loss per share (vs US$1.08 profit in FY 2022) Full year 2023 results: US$0.95 loss per share (down from US$1.08 profit in FY 2022). Revenue: US$313.2m (up 4.9% from FY 2022). Net loss: US$10.2m (down 191% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Feb 27
BGSF, Inc. to Report Q4, 2023 Results on Mar 13, 2024 BGSF, Inc. announced that they will report Q4, 2023 results After-Market on Mar 13, 2024 Declared Dividend • Feb 12
Third quarter dividend of US$0.15 announced Shareholders will receive a dividend of US$0.15. Ex-date: 16th February 2024 Payment date: 27th February 2024 Dividend yield will be 6.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (51% cash payout ratio). The dividend has remained flat since 9 years ago. However, payments have been volatile during that time. Announcement • Feb 09
BGSF, Inc. Announces Quarterly Dividend, Payable on February 27, 2024 BGSF, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on February 27, 2024, to all shareholders of record as of the close of business on February 20, 2024. This marks the 37th consecutive quarterly dividend and based on the yesterday's closing price of the Company’s common stock, the annualized yield is approximately 5.86%. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$0.24 (vs US$0.44 in 3Q 2022) Third quarter 2023 results: EPS: US$0.24 (down from US$0.44 in 3Q 2022). Revenue: US$83.5m (up 6.3% from 3Q 2022). Net income: US$2.64m (down 43% from 3Q 2022). Profit margin: 3.2% (down from 5.9% in 3Q 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Nov 10
BGSF, Inc. Declares Dividend on Common Stock, Payable on November 28, 2023 The Board of Directors of BGSF, Inc. approved the payment of a dividend of $0.15 per share of common stock to be paid on November 28, 2023 to all shareholders of record as of the close of business on November 20, 2023. Announcement • Oct 13
BGSF, Inc. to Report Q3, 2023 Results on Nov 08, 2023 BGSF, Inc. announced that they will report Q3, 2023 results After-Market on Nov 08, 2023 New Risk • Oct 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €94.4m (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 229% Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (€94.4m market cap, or US$99.0m). Buying Opportunity • Aug 18
Now 21% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be €11.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 229% Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Announcement • Aug 10
BGSF, Inc. Declares Quarterly Cash Dividend, Payable on August 28, 2023 BGSF, Inc. has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on August 28, 2023 to all shareholders of record as of the close of business on August 21, 2023. This marks the 35th consecutive quarterly dividend and based on yesterday’s closing price of the Company’s common stock, the annualized yield is approximately 6.4%. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: US$0.24 (vs US$0.30 in 2Q 2022) Second quarter 2023 results: EPS: US$0.24 (down from US$0.30 in 2Q 2022). Revenue: US$80.8m (up 9.1% from 2Q 2022). Net income: US$2.60m (down 18% from 2Q 2022). Profit margin: 3.2% (down from 4.3% in 2Q 2022). Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Donna Carroll was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 23
BGSF, Inc. to Report Q2, 2023 Results on Aug 09, 2023 BGSF, Inc. announced that they will report Q2, 2023 results After-Market on Aug 09, 2023 Announcement • Jun 21
BGSF, Inc., Annual General Meeting, Aug 09, 2023 BGSF, Inc., Annual General Meeting, Aug 09, 2023, at 12:00 Central Daylight. Location: Omni PGA Resort, 4341 PGA Parkway, Frisco Texas United States Agenda: To elect the Class III directors nominated by the Board of Directors; to ratify the Audit Committee’s appointment of Whitley Penn LLP as our independent registered public accounting firm for the 2023 fiscal year ending December 31, 2023; to consider Approval of Amendments to the BGSF, Inc. 2013 Long-Term Incentive Plan, including to add an additional shares of common stock available for issuance; and to transact such other business matter. Recent Insider Transactions • May 21
Independent Director recently bought €173k worth of stock On the 18th of May, Douglas Hailey bought around 20k shares on-market at roughly €8.65 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • May 11
First quarter 2023 earnings released: US$1.54 loss per share (vs US$0.19 profit in 1Q 2022) First quarter 2023 results: US$1.54 loss per share (down from US$0.19 profit in 1Q 2022). Revenue: US$75.3k (down 100% from 1Q 2022). Net loss: US$16.5k (down 101% from profit in 1Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €11.10, the stock trades at a trailing P/E ratio of 10.9x. Average forward P/E is 16x in the Professional Services industry in Germany. Total returns to shareholders of 110% over the past three years. Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: US$1.08 (vs US$1.01 in FY 2021) Full year 2022 results: EPS: US$1.08 (up from US$1.01 in FY 2021). Revenue: US$298.4m (up 25% from FY 2021). Net income: US$11.3m (up 7.7% from FY 2021). Profit margin: 3.8% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Feb 17
BGSF, Inc. to Report Q4, 2022 Results on Mar 08, 2023 BGSF, Inc. announced that they will report Q4, 2022 results After-Market on Mar 08, 2023 Announcement • Feb 14
BGSF, Inc. Declares Quarterly Cash Dividend, Payable on March 2, 2023 BGSF, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on March 2, 2023, to all shareholders of record as of the close of business on February 23, 2023. This marks the 33rd consecutive quarterly dividend and based on the Friday’s closing price of the Company’s common stock, the annualized yield is approximately 3.9%. Announcement • Jan 18
BGSF, Inc. Announces Executive Appointments BGSF, Inc. announces the appointments of Mr. Christopher (Chris) Loope as Chief Strategy Officer and Ms. Nycole Rosen as Chief Information Officer. These key promotions reflect the Company’s commitment to growth by further strengthening the strategic vision of expanding operations, technology, and overall market share in 2023. Mr. Loope joined BGSF in January 2019 as CIO, leading the modernization efforts in technology and cybersecurity and successfully completing the technology roadmap. Prior to joining BGSF, Loope advanced though recent roles as VP of Operations, CIO and Chief Digital Officer for EmployBridge, Inc. Loope brought the IT operations inhouse and led ongoing technology transformation and business integrations initiatives sustaining M&A growth to $3 billion in annual revenue. Loope has successfully lead projects including merger integrations, contact center virtualization and optimization, operations process improvement, recruiting and sales automation, multiple systems and infrastructure migrations, and developed a suite of mobile apps for automated workforce management. Previously, Loope held the role of Senior Manager with Technisource, leading teams in technology assessments and management consulting engagements. Loope graduated from the University of Tennessee with a Management BBA. He is certified in Lean Six Sigma and the Agile Development methodologies. Ms. Rosen joined BGSF in 2019 as Vice President of Technology and successfully established the Company’s formal PMO, Project Management Office, where she built standard practices for managing projects and continuous improvement procedures for newly implemented technology. She also led efforts to replace all of BGSF’s existing technology with industry-leading tools and systems. Prior to BGSF, Rosen’s experience included management roles at both EmployBridge and JourneyTEAM in operations, training and technology in the staffing industry. Rosen earned a BBA and master’s in Teaching and Learning with Technology, which was invaluable to the Company during the pandemic shutdowns. She also serves on the Board of the northern Utah chapter of the Project Management Institute as Outreach. Announcement • Dec 14
BGSF, Inc. (NYSE:BGSF) acquired Horn Solutions, Inc. BGSF, Inc. (NYSE:BGSF) acquired Horn Solutions, Inc on December 12, 2022. Horn reported revenues of $30 million for the year ending September 2022. Norton Rose Fulbright US LLP served as legal counsel to BGSF.BGSF, Inc. (NYSE:BGSF) completed the acquisition of Horn Solutions, Inc on December 12, 2022. Announcement • Nov 23
BGSF, Inc. Appoints Melissa Phillips as Chief Digital Officer BGSF, Inc. announced the appointment of Ms. Melissa Phillips to the new strategic role as Chief Digital Officer on the executive leadership team. Ms. Phillips is a seasoned executive of Marketing, Sales and Digital Delivery with deep expertise leading digital transformations at both Adecco and EmployBridge. Her hands-on experience in client lead capture and generation, candidate acquisition, and engagement will redefine the client and applicant journeys at BGSF by adding personalization, lead generation, user funnel flow, and improved end-user experiences and efficiencies. Reported Earnings • Nov 04
Third quarter 2022 earnings released: EPS: US$0.44 (vs US$0.45 in 3Q 2021) Third quarter 2022 results: EPS: US$0.44. Revenue: US$78.5m (down 4.7% from 3Q 2021). Net income: US$4.65m (flat on 3Q 2021). Profit margin: 5.9% (up from 5.6% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Professional Services industry in Europe. Announcement • Nov 03
BGSF, Inc. Declares Quarterly Cash Dividend, Payable on November 21, 2022 BGSF, Inc. declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on November 21, 2022 to all shareholders of record as of the close of business on November 14, 2022. Announcement • Oct 19
BGSF, Inc. to Report Q3, 2022 Results on Nov 02, 2022 BGSF, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 02, 2022 Buying Opportunity • Aug 10
Now 21% undervalued Over the last 90 days, the stock is up 3.4%. The fair value is estimated to be €15.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 7.2% in a year. Earnings is forecast to decline by 5.5% in the next year. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$0.30 (vs US$0.33 in 2Q 2021) Second quarter 2022 results: EPS: US$0.30 (down from US$0.33 in 2Q 2021). Revenue: US$74.1m (flat on 2Q 2021). Net income: US$3.18m (down 7.5% from 2Q 2021). Profit margin: 4.3% (down from 4.6% in 2Q 2021). Over the next year, revenue is forecast to grow 2.5%, compared to a 8.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Aug 04
BGSF, Inc. Declares Quarterly Cash Dividend, Payable on August 22, 2022 BGSF, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on August 22, 2022 to all shareholders of record as of the close of business on August 15, 2022. Announcement • Jul 22
BGSF, Inc. to Report Q2, 2022 Results on Aug 03, 2022 BGSF, Inc. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022 Buying Opportunity • Jul 02
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €14.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 7.3% in a year. Earnings is forecast to grow by 31% in the next year. Buying Opportunity • Jun 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.4%. The fair value is estimated to be €14.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 7.3% in a year. Earnings is forecast to grow by 31% in the next year. Upcoming Dividend • May 09
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 16 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (2.4%). Reported Earnings • May 07
First quarter 2022 earnings released: EPS: US$0.19 (vs US$0.069 in 1Q 2021) First quarter 2022 results: EPS: US$0.19 (up from US$0.069 in 1Q 2021). Revenue: US$68.5m (up 1.2% from 1Q 2021). Net income: US$2.01m (up 182% from 1Q 2021). Profit margin: 2.9% (up from 1.1% in 1Q 2021). Over the next year, revenue is forecast to grow 5.9%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • May 07
Independent Director recently bought €241k worth of stock On the 2nd of May, Douglas Hailey bought around 20k shares on-market at roughly €12.07 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.1m more in shares than they have sold in the last 12 months. Announcement • Apr 28
BGSF, Inc. Declares Quarterly Cash Dividend, Payable on May 24, 2022 The Board of Directors of BGSF, Inc. has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on May 24, 2022 to all shareholders of record as of the close of business on May 17, 2022. Announcement • Apr 19
BGSF, Inc. to Report Q1, 2022 Results on Apr 27, 2022 BGSF, Inc. announced that they will report Q1, 2022 results After-Market on Apr 27, 2022 Reported Earnings • Mar 11
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$1.01 (up from US$0.14 in FY 2020). Revenue: US$239.0m (down 14% from FY 2020). Net income: US$10.5m (up US$9.02m from FY 2020). Profit margin: 4.4% (up from 0.5% in FY 2020). Revenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 37%, compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Feb 25
BGSF, Inc. to Report Q4, 2021 Results on Mar 09, 2022 BGSF, Inc. announced that they will report Q4, 2021 results After-Market on Mar 09, 2022 Announcement • Feb 04
BGDF, Inc. Declares Quarterly Cash Dividend, Payable on February 22, 2022 BGSF, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on February 22, 2022 to all shareholders of record as of the close of business on February 14, 2022. Recent Insider Transactions • Nov 11
Independent Director recently bought €296k worth of stock On the 8th of November, Douglas Hailey bought around 25k shares on-market at roughly €11.82 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €527k more in shares than they have sold in the last 12 months. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$0.45 (vs US$0.25 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$82.4m (up 15% from 3Q 2020). Net income: US$4.64m (up 81% from 3Q 2020). Profit margin: 5.6% (up from 3.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Aug 25
Independent Director recently bought €55k worth of stock On the 20th of August, Richard Baum bought around 5k shares on-market at roughly €11.04 per share. In the last 3 months, there was an even bigger purchase from another insider worth €136k. Insiders have collectively bought €234k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 22% share price gain to US$11.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 24x in the Professional Services industry in Europe. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.60 per share. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS US$0.33 (vs US$0.47 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$74.4m (up 19% from 2Q 2020). Net income: US$3.44m (up US$8.27m from 2Q 2020). Profit margin: 4.6% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jun 17
Independent Director recently bought €136k worth of stock On the 11th of June, C. Allen bought around 14k shares on-market at roughly €10.06 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €178k more in shares than they have sold in the last 12 months. Announcement • May 07
BGSF, Inc. Declares Quarterly Cash Dividend, Payable on May 24, 2021 BGSF, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of common stock. The dividend is payable on May 24, 2021 to all shareholders of record as of the close of business on May 17, 2021. Reported Earnings • May 07
First quarter 2021 earnings released: EPS US$0.069 (vs US$0.14 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$67.7m (down 8.6% from 1Q 2020). Net income: US$711.8k (down 53% from 1Q 2020). Profit margin: 1.1% (down from 2.0% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS US$0.14 (vs US$1.29 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$277.9m (down 5.6% from FY 2019). Net income: US$1.44m (down 89% from FY 2019). Profit margin: 0.5% (down from 4.5% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 12
Revenue beats expectations Revenue exceeded analyst estimates by 0.08%. Over the next year, revenue is forecast to grow 7.8%, compared to a 7.3% growth forecast for the Professional Services industry in Germany. Is New 90 Day High Low • Mar 08
New 90-day high: €12.22 The company is up 9.0% from its price of €11.20 on 08 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Professional Services industry, which is also up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.49 per share. Announcement • Feb 17
BGSF, Inc. to Report Q4, 2020 Results on Mar 11, 2021 BGSF, Inc. announced that they will report Q4, 2020 results Pre-Market on Mar 11, 2021 Announcement • Feb 10
BGSF, Inc. (NYSE:BGSF) acquired substantially all of the assets of Momentum Solutionz, LLC for $6 million. BGSF, Inc. (NYSE:BGSF) acquired substantially all of the assets of Momentum Solutionz, LLC for $6 million on February 09, 2021. The purchase price consists of $3.78 million paid at closing and up to $2.22 million in earnout based on achieving certain agreed upon performance targets in the first two years after closing, subject to customary purchase price adjustments.
BGSF, Inc. (NYSE:BGSF) completed the acquisition of substantially all of the assets of Momentum Solutionz, LLC on February 09, 2021. Announcement • Nov 08
Bg Staffing, Inc. Does Not Provide Guidance BG Staffing, Inc. announced that does not provide guidance. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 4.9%, compared to a 1.4% growth forecast for the Professional Services industry in Germany. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS US$0.25 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$71.5m (down 9.9% from 3Q 2019). Net income: US$2.57m (down 39% from 3Q 2019). Profit margin: 3.6% (down from 5.3% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Oct 29
New 90-day low: €6.65 The company is down 20% from its price of €8.30 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.97 per share.