The Hackett Company profile
About The Hackett Group, Inc.
The Hackett Group, Inc. is an intellectual property-based strategic consultancy company. The Company’s services include benchmarking, executive advisory, business transformation and cloud enterprise application implementation. It also provides dedicated service in business strategy, operations, finance, human capital management, strategic sourcing, procurement and information technology, including its Oracle, and systems, applications and products (SAP) practices. The Company’s ERP, EPM AND Analytics (EEA) practice focuses on helping clients maximize the value of their investments in cloud enterprise software and business analytics includes Oracle Solutions, SAP Solutions and OneStream Solutions. Its Oracle EEA practice helps clients choose and deploy Oracle applications that meet their needs and objectives. Its SAP Solutions practice helps clients choose and deploy S4 HANA applications that meet their needs and objectives. It is focused on SAP enterprise resource planning (ERP).
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, The Hackett Group, Inc. revenues increased 16% to $278.8M. Net income before extraordinary items increased from $5.6M to $41.6M. Revenues reflect Consulting segment increase of 17% to $267.3M, Software License Sales segment increase of 53% to $10.3M, North America segment increase of 22% to $254.1M. Net income benefited from Restructuring charges and asset impairme decrease from $10.5M (expense) to $0K.
Equity composition
Common Stock $.001 Par, 12/11, 125M auth., 61,315,237 issd., less 21,171,370 shs. in Treas. @ $74.4M. Insiders own 22.49%. IPO 5/98 3,850,000 shares (2.85M by the Co.) @ $13 byMorgan Stanley Dean Witter Discover & Co. Not4: 01/08, Name changed from Answerthink, Inc.
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