Company Information

  

Address: 641 LEXINGTON AVENUE
27TH FLOOR 
City: NEW YORK 
State: NY 
Zip Code: 10022 
Telephone: 646-507-5710 

Description of Business

Primary SIC Code: 7363
(As filed with the SEC)  

Staffing 360 Solutions, Inc. ("we," "us," "our," "Staffing 360," or the "Company") was incorporated in the State of Nevada on December 22, 2009, as Golden Fork Corporation, which changed its name to Staffing 360 Solutions, Inc., ticker symbol "STAF", on March 16, 2012. On June 15, 2017, the Company changed its domicile to the State of Delaware. As a rapidly growing public company in the international staffing sector, our high-growth business model is based on finding and acquiring, suitable, mature, profitable, operating, domestic and international staffing companies. Our targeted consolidation model is focused specifically on the accounting and finance, information technology ("IT"), engineering, administration and light industrial disciplines. All amounts in this Annual Report are expressed in thousands, except share and per share amounts, or unless otherwise indicated.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/2019-0.760.010N/E
06/2019-1.000.010N/E
03/2019-1.190.010N/E
12/2018-1.46NAN/E
09/2018-4.34NAN/E
06/2018-6.75NAN/E
03/2018-5.93NAN/E
12/2017-36.95NAN/E

Key Financial Ratios and Statistics

FYE: 12/29

Profitability 2018 Leverage 2018
Net Inc/Comm Equity-0.09Total Liab/Total Assets0.96
Net Inc/Total Assets-0.07Total Liab/Inv Cap2.11
Net Inc/Inv Cap-0.15Total Liab/Comm Equity1.25
Pretax Inc/Net Sales-0.02Interest Coverage Ratio0.23
Net Inc/Net Sales-0.02Curr Debt/Equity0.16
Cash Flow/Net Sales0.01LTD/Equity8.48
SG&A/NetSales0.17Total Debt/Equity8.63
Asset Utilization   Liquidity  
Net Receivables Turnover7.89Quick Ratio0.71
Inventory TurnoverNACurrent Ratio0.71
Inventory Day SalesNANet Rec/Curr Assets0.88
Net Sales/Work Cap-17.52Inv/Curr AssetsNA
Net Sales/PP&E159.20  

Income Statement (Millions)

  9/28/2019 6/29/2019 3/30/2019 12/29/2018
Total Revenues(Net Sales) 67.32 73.50 73.83 74.09
Cost of Goods Sold 54.84 61.40 61.71 61.75
Selling & Admin Exps 11.36 10.70 10.49 10.26
Operating Income 0.26 0.52 0.75 1.27
Interest Exp 2.06 1.91 2.01 1.81
Pretax Income -1.08 -1.79 0.23 -1.31
Other Income 0.72 -0.40 1.48 -0.76
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -1.11 -1.47 0.23 -1.41

Balance Sheet (Millions)

Assets 9/28/2019 6/29/2019 3/30/2019 12/29/2018
Cash & Short Term Investments 1.80 1.41 2.52 3.18
Receivables - Total 31.51 31.69 34.29 32.75
Inventories - Total NA NA NA NA
Total Current Assets 34.69 34.67 38.22 37.12
Net Property, Plant & Equipment 6.83 7.10 6.10 1.64
Total Assets 97.44 98.45 101.31 96.44
Liabilities        
Accounts Payable 23.49 22.63 23.66 19.74
Debt in Current Liabilities 38.07 0.66 0.67 0.66
Total Current Liabilities 85.69 49.32 51.64 52.02
Long-Term Debt 0.47 35.51 35.54 35.57
Total Liabilities 91.97 92.56 94.05 92.24
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.01 0.01 0.01 0.01
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -73.99 -72.89 -71.41 -71.64
Treasury Stock NA NA NA NA
Total Stockholders' Equity 5.47 5.90 7.27 4.20
Total Liabilities and Stockholders' Equity 97.44 98.45 101.31 96.44

Cash Flow Summary (Millions)

Categories 9/28/2019 6/29/2019 3/30/2019 12/29/2018
Net Cash Provided by Operating Activities -2.72 -6.53 2.24 -5.18
Net Cash Provided by Investing Activities 3.03 3.63 3.43 3.27
Net Cash Provided by Financing Activities 0.07 1.79 -6.32 2.27

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201441.20-12.67--
12/2016165.55-8.43--
12/2016109.42-3.86--
12/2017192.65-18.49-36.95
12/2018260.93-6.50-1.46
Growth Rates58.64----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/19101942.24




Report Date : 12/3/2019

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