Trade TSR - TSRI CFD

TSR Company profile

About TSR Inc

TSR, Inc. is a staffing company, which is focused on recruiting Information Technology (IT) professionals for short and long term assignments, permanent placements, project work and providing contract computer programming services to its customers. The Company provides its customers with technical computer personnel to supplement their in-house IT capabilities. Its contract computer programming services involve the provision of technical staff to customers to meet the specialized requirements of their IT operations. The Company has staffing capabilities in the areas of application development in .net and java, mobile applications for Android and IOS platforms, project management, IT security specialists, cloud development and architecture, business analysts, user interface (UI) design and development, network infrastructure and support and database development and administration. It provides services principally through offices located in Edison, New Jersey and Long Island, New York.

Financial summary

BRIEF: For the six months ended 30 November 2021, TSR Inc revenues increased 53% to $46.7M. Net income totaled $6.6M vs. loss of $250K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects FV Adjustments of Financial Investments decrease of 46% to $6K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.13 to $3.39.

Equity composition

Common Stock $.02 Par, 02/11, 25M auth., 3,114,163 issd, less 1,095,069 shs. in Treas. @ $13.3M. Insiders control 47.27%. Public Offering 1/70, 91K Units (1 Common + 1 Warrant) @ $7.50 by First Philadelphia Corp. 11/97, 11/96, 2-for-1 stock splits. 11/10, 1-for-2 reverse split.

400 Oser Ave
HAUPPAUGE
NEW YORK 11788
US