Trade Staffing 360 Solutions, Inc. - STAF CFD

Staffing 360 Solutions, Inc. Company profile

About Staffing 360 Solutions Inc

Staffing 360 Solutions, Inc. is an international staffing company. It is engaged in the acquisition of the United States and the United Kingdom-based staffing companies. Its services consist of providing temporary contractors, and the recruitment of candidates for permanent placement. It operates through three segments: Commercial Staffing - US, Professional Staffing - US, and Professional Staffing - UK. It is focused on supporting accounting and finance, information technology, engineering, administration, and commercial disciplines. It offers a range of recruitment services, ranging from contract/temporary staffing, contingency permanent recruitment, retained search and selection, to managed services. It offers value-added services for both candidates and clients, including assessment, testing, training, and coaching for hiring managers, and professional guidance on legal matters. The company, through its subsidiaries, offers temporary contractors and permanent placement services.

Financial summary

BRIEF: For the nine months ended 02 October 2021, Staffing 360 Solutions Inc revenues decreased 2% to $147M. Net income applicable to common stockholders totaled $10.5M vs. loss of $16.2M. Revenues reflect Commercial Staffing-US segment decrease of 27% to $58.1M, Professional Staffing-UK segment decrease of 38% to $31.5M, United States segment decrease of 33% to $66.6M, United Kingdom segment decrease of 38% to $31.5M.

Equity composition

Common Stock $0.00001 Par, Shares auth. and O/S after this offering: 75M auth., 4,000,000 issd. Insiders own approx. 1% (after the IPO). IPO:TBA. 04/12, 3-for-1 Stock split. 9/15, 1-for-10 reverse stock split.

757 Third Avenue
27Th Floor
10017