$III
Information Services Group Inc

2022 Q4 Form 10-Q Financial Statement

#000155837022016392 Filed on November 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $74.17M $68.84M
YoY Change 6.61% -3.18%
Cost Of Revenue $44.54M $39.79M
YoY Change 8.47% -8.01%
Gross Profit $29.63M $29.05M
YoY Change 3.94% 4.32%
Gross Profit Margin 39.95% 42.2%
Selling, General & Admin $20.96M $20.33M
YoY Change 4.86% 5.71%
% of Gross Profit 70.75% 70.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.496M $1.286M
YoY Change 9.28% -4.53%
% of Gross Profit 5.05% 4.43%
Operating Expenses $22.46M $20.33M
YoY Change 5.15% 5.71%
Operating Profit $7.169M $7.430M
YoY Change 0.32% 2.3%
Interest Expense -$1.175M $824.0K
YoY Change 111.33% 53.16%
% of Operating Profit -16.39% 11.09%
Other Income/Expense, Net
YoY Change
Pretax Income $5.994M $6.800M
YoY Change -9.04% 0.0%
Income Tax $1.711M $1.218M
% Of Pretax Income 28.55% 17.91%
Net Earnings $4.283M $5.556M
YoY Change 19.7% 25.67%
Net Earnings / Revenue 5.77% 8.07%
Basic Earnings Per Share $0.12
Diluted Earnings Per Share $0.09 $0.11
COMMON SHARES
Basic Shares Outstanding 48.00M 47.75M
Diluted Shares Outstanding 49.84M

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.59M $19.75M
YoY Change -35.63% -63.77%
Cash & Equivalents $30.59M $19.75M
Short-Term Investments
Other Short-Term Assets $4.724M $6.201M
YoY Change 11.28% 70.22%
Inventory
Prepaid Expenses
Receivables $47.61M $71.99M
Other Receivables $0.00 $0.00
Total Short-Term Assets $115.5M $97.94M
YoY Change -0.54% -20.6%
LONG-TERM ASSETS
Property, Plant & Equipment $12.71M $5.742M
YoY Change 140.11% 11.0%
Goodwill $94.97M $90.41M
YoY Change 4.61% -0.44%
Intangibles $14.38M $10.82M
YoY Change 15.87% -17.1%
Long-Term Investments
YoY Change
Other Assets $2.585M $2.017M
YoY Change -43.96% -50.82%
Total Long-Term Assets $127.5M $116.1M
YoY Change 5.69% -3.41%
TOTAL ASSETS
Total Short-Term Assets $115.5M $97.94M
Total Long-Term Assets $127.5M $116.1M
Total Assets $243.0M $214.0M
YoY Change 2.63% -12.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.93M $9.698M
YoY Change -1.47% -38.1%
Accrued Expenses $23.84M $22.55M
YoY Change -18.7% -35.44%
Deferred Revenue $7.058M $7.056M
YoY Change 0.13% 1.03%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $4.300M $4.300M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $51.19M $43.61M
YoY Change -9.94% -29.54%
LONG-TERM LIABILITIES
Long-Term Debt $74.42M $66.44M
YoY Change 7.09% -5.77%
Other Long-Term Liabilities $9.742M $5.088M
YoY Change 68.9% -11.65%
Total Long-Term Liabilities $84.16M $71.52M
YoY Change 11.83% -6.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $51.19M $43.61M
Total Long-Term Liabilities $84.16M $71.52M
Total Liabilities $142.6M $120.4M
YoY Change 3.03% -17.13%
SHAREHOLDERS EQUITY
Retained Earnings -$108.7M -$113.0M
YoY Change -15.35% -14.4%
Common Stock $226.3M $227.5M
YoY Change -4.77% -4.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $100.4M $93.64M
YoY Change
Total Liabilities & Shareholders Equity $243.0M $214.0M
YoY Change 2.63% -12.12%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $4.283M $5.556M
YoY Change 19.7% 25.67%
Depreciation, Depletion And Amortization $1.496M $1.286M
YoY Change 9.28% -4.53%
Cash From Operating Activities $6.551M -$341.0K
YoY Change 164.37% -101.84%
INVESTING ACTIVITIES
Capital Expenditures $809.0K -$510.0K
YoY Change -198.66% -4.67%
Acquisitions
YoY Change
Other Investing Activities -$3.450M
YoY Change
Cash From Investing Activities -$4.259M -$510.0K
YoY Change 419.39% -4.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.841M -8.723M
YoY Change -170.26% 30.45%
NET CHANGE
Cash From Operating Activities 6.551M -341.0K
Cash From Investing Activities -4.259M -510.0K
Cash From Financing Activities 5.841M -8.723M
Net Change In Cash 8.133M -9.574M
YoY Change -222.21% -184.64%
FREE CASH FLOW
Cash From Operating Activities $6.551M -$341.0K
Capital Expenditures $809.0K -$510.0K
Free Cash Flow $5.742M $169.0K
YoY Change 74.11% -99.11%

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