Trade Barrett Business Services Inc - BBSI CFD

Barrett Company profile

About Barrett Business Services, Inc.

Barrett Business Services, Inc. (BBSI) is a provider of business management solutions for small and mid-sized companies. The Company has developed a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. This platform, through leveraging of human capital, helps its business owner clients run their businesses. The Company supports clients with employees located in 43 states and the District of Columbia through a network of 56 branch locations in California, Oregon, Arizona, Colorado, Idaho, Utah, Washington, Maryland, Nevada, Pennsylvania, Delaware, North Carolina, New Mexico, and Virginia. It also has several smaller recruiting locations in its general market areas.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Barrett Business Services, Inc. revenues increased 8% to $955.2M. Net income increased 13% to $38.1M. Revenues reflect Professional employer service fees increase of 9% to $843.8M, Staffing services increase of 8% to $111.4M. Net income benefited from Interest expense decrease of 70% to $372K (expense), Other income decrease of 63% to $105K (expense). Dividend per share remained flat at $1.20.

Equity composition

Common Stock $.01 Par, 04/11, 20.5M auth., 10,201,072 issd. Insiders own 7.07.03%. IPO 6/93, 1Mshares @ $7 by Ladenburg, Thalmann & Co. FY'00-'02 are reclassified.