$III
Information Services Group Inc

2024 Q4 Form 10-Q Financial Statement

#000155837024015035 Filed on November 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $61.28M
YoY Change -14.62%
Cost Of Revenue $36.53M
YoY Change -15.11%
Gross Profit $24.75M
YoY Change -13.9%
Gross Profit Margin 40.39%
Selling, General & Admin $18.86M
YoY Change -10.18%
% of Gross Profit 76.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.598M
YoY Change 4.72%
% of Gross Profit 6.46%
Operating Expenses $18.86M
YoY Change -10.18%
Operating Profit $4.294M
YoY Change -31.0%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.900M
YoY Change -39.58%
Income Tax $1.734M
% Of Pretax Income 59.79%
Net Earnings $1.148M
YoY Change -64.14%
Net Earnings / Revenue 1.87%
Basic Earnings Per Share $0.02
Diluted Earnings Per Share $0.02
COMMON SHARES
Basic Shares Outstanding 49.07M 48.89M
Diluted Shares Outstanding 50.16M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $9.690M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $96.89M
YoY Change -18.18%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $87.55M
YoY Change -7.72%
Intangibles $3.936M
YoY Change -67.27%
Long-Term Investments
YoY Change
Other Assets $4.550M
YoY Change 11.41%
Total Long-Term Assets $130.3M
YoY Change 4.06%
TOTAL ASSETS
Total Short-Term Assets $96.89M
Total Long-Term Assets $130.3M
Total Assets $227.1M
YoY Change -6.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.775M
YoY Change -25.45%
Accrued Expenses
YoY Change
Deferred Revenue $9.880M
YoY Change 47.73%
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $49.23M
YoY Change 20.24%
LONG-TERM LIABILITIES
Long-Term Debt $66.18M
YoY Change -16.42%
Other Long-Term Liabilities $5.826M
YoY Change -49.78%
Total Long-Term Liabilities $72.00M
YoY Change -20.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.23M
Total Long-Term Liabilities $72.00M
Total Liabilities $130.6M
YoY Change -5.28%
SHAREHOLDERS EQUITY
Retained Earnings -$102.9M
YoY Change 3.08%
Common Stock $210.5M
YoY Change -3.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $96.56M
YoY Change
Total Liabilities & Shareholders Equity $227.1M
YoY Change -6.75%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $1.148M
YoY Change -64.14%
Depreciation, Depletion And Amortization $1.598M
YoY Change 4.72%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">INFORMATION SERVICES GROUP, INC.</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">(tabular amounts in thousands, except per share data)</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">(unaudited)</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">NOTE 1—DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Information Services Group, Inc. (Nasdaq: III) (the “Company,” “ISG,” “we,” “us” or “our”) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the top 100 enterprises in our markets, ISG is committed to helping corporations, public sector organizations and service and technology providers achieve operational excellence and faster growth. The Company specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. Based in Stamford, Connecticut, ISG employs over 1,500 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com. The content on our website is available for informational purposes only. It should not be relied upon for investment purposes, nor is it incorporated by reference into this Form 10-Q or any other filings.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;">The Company was founded in 2006 with the strategic vision to become a high-growth, leading provider of information-based advisory services. We continue to believe that our vision will be realized through the acquisition, integration and successful operation of market-leading brands within the data, analytics and advisory industry.</p>
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