The company has not filed an annual or quarterly report since its Q3 FY2020 10-Q, filed Nov 6, 2020. Its latest SEC filing is a SC 13G/A from Feb 14, 2022.
10-Q for Q3 FY2020, filed Nov 6, 2020
The sections below describe the company as of the FY2019 annual report.
Provides recovery audits that find supplier overpayments, contract-compliance audits, and purchasing-data analytics to large retailers and other large businesses.
10-K for FY2019, filed Mar 12, 2020The vast majority of our revenue comes from recovery audit, a business service based on the mining of tremendous amounts of our clients’…View ↗
Another type of recovery audit focuses on auditing complex supplier billings against large services, construction and licensing contracts…View ↗
Additionally, we provide advanced S2P analytics, leveraging our established expertise to provide insights and solutions to finance…View ↗
PRGX provides its services principally to large businesses having a high volume of payment transactions and complex procurement…View ↗
For recovery audits, clients pay PRGX a contract-set share of overpayments it identifies and helps them recover; the fee becomes billable when the client receives value, usually through vendor credits or refund checks. Analytics services may be project-based and billed for time and work, or offered as subscriptions billed monthly.
10-K for FY2019, filed Mar 12, 2020Generally, we earn our recovery audit revenue on a contingent fee basis by identifying overpayments made by our clients, assisting our…View ↗
For the Company's recovery audit contracts, which represent approximately 97% of consolidated revenue for the year ended December 31, 2019…View ↗
For the Company's subscription services, revenue is recognized ratably over time during the term of the subscription service. The…View ↗
The Company derives a relatively small portion of revenue on a fee-for-service basis whereby billings are based upon a fixed fee, a fee per…View ↗
$169.8M
10-K for FY2019, filed Mar 12, 2020
$169.8M ↗
Serves large retailers and large companies outside retail, including manufacturers, telecommunications and financial-services firms. Retailers may use independent audit firms in primary and secondary roles; commercial clients are typically large companies with substantial purchasing activity.
10-K for FY2019, filed Mar 12, 2020
10-K for FY2019, filed Mar 12, 2020
PRGX provides its services principally to large businesses having a high volume of payment transactions and complex procurement…View ↗
No. It lost $13.7M in .
10-K for FY2019, filed Mar 12, 2020
10-Q for Q3 FY2020, filed Nov 6, 2020
$3MView ↗
8-K, filed Mar 4, 2021
ATLANTA AND NEW YORK – March 4, 2021 – Ardian, a world-leading private investment house, and PRGX Global, Inc. (“PRGX”), a global leader in…View ↗
8-K, filed Oct 27, 2020
Increasing 2020 annual Adjusted EBITDA guidance for the second time this year to approximately $32 millionView ↗
Grew. Revenue grew 23% in 4 years, from $138.3M in to $169.8M in , about 5% a year.
Adjacent-services offerings
The adjacent-services product description has changed: the earlier report highlights PRGX OPTIX analytics and SIM, while the latest details Lumen analytics, Epiphany data tools, supplier information management and deduction management.
10-K for FY2016, filed Mar 16, 2017 10-K for FY2019, filed Mar 12, 2020Our Adjacent Services business, targets client functional and process areas where we have established expertise, enabling us to provide…View ↗
Our Adjacent Services business includes our supplier information management (“SIM”) and deduction management solutions as well as S2P…View ↗
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