PFMT RSI Chart
Last 7 days
-0.3%
Last 30 days
21.8%
Last 90 days
11.2%
Trailing 12 Months
35.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 115.3M | 0 | 0 | 0 |
2023 | 107.8M | 107.6M | 110.4M | 113.7M |
2022 | 120.1M | 112.9M | 111.5M | 109.2M |
2021 | 141.4M | 140.5M | 132.8M | 124.4M |
2020 | 161.4M | 159.4M | 159.7M | 155.9M |
2019 | 133.5M | 138.0M | 146.3M | 150.4M |
2018 | 156.0M | 151.4M | 149.2M | 155.7M |
2017 | 136.2M | 134.0M | 132.6M | 132.0M |
2016 | 159.1M | 155.9M | 148.6M | 141.4M |
2015 | 175.3M | 159.2M | 158.0M | 159.4M |
2014 | 264.6M | 252.8M | 215.7M | 195.4M |
2013 | 213.6M | 227.9M | 251.3M | 255.3M |
2012 | 174.7M | 186.5M | 198.3M | 210.1M |
2011 | 0 | 0 | 143.2M | 163.0M |
2010 | 0 | 0 | 0 | 123.5M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Jan 19, 2024 | yanagi eric | acquired | - | - | 27,675 | - |
Sep 07, 2023 | johnston ian | sold (taxes) | -52,870 | 2.41 | -21,938 | see remarks |
Sep 07, 2023 | ramchandani rohit | acquired | - | - | 38,689 | chief financial officer |
Sep 07, 2023 | ramchandani rohit | sold (taxes) | -32,245 | 2.41 | -13,380 | chief financial officer |
Sep 07, 2023 | kohl simeon | acquired | - | - | 92,247 | chief executive officer |
Sep 07, 2023 | kohl simeon | sold (taxes) | -54,135 | 2.41 | -22,463 | chief executive officer |
Sep 07, 2023 | johnston ian | acquired | - | - | 63,683 | see remarks |
May 29, 2023 | johnston ian | acquired | - | - | 11,250 | see remarks |
May 29, 2023 | johnston ian | sold (taxes) | -10,245 | 2.24 | -4,574 | see remarks |
May 16, 2023 | kohl simeon | sold (taxes) | -23,553 | 2.51 | -9,384 | chief executive officer |
Which funds bought or sold PFMT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | JANE STREET GROUP, LLC | added | 1.62 | -5,265 | 114,607 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -37.8 | -14,362 | 20,257 | -% |
May 15, 2024 | BARCLAYS PLC | reduced | -41.83 | -149,000 | 181,000 | -% |
May 15, 2024 | Mill Road Capital Management LLC | unchanged | - | -603,409 | 9,589,320 | 4.17% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -91.25 | -13,369 | 1,200 | -% |
May 15, 2024 | First Light Asset Management, LLC | added | 8.74 | 695,376 | 30,914,500 | 2.37% |
May 15, 2024 | Squarepoint Ops LLC | reduced | -23.01 | -17,802 | 46,764 | -% |
May 15, 2024 | Schonfeld Strategic Advisors LLC | reduced | -1.65 | -85,089 | 1,054,280 | 0.01% |
May 15, 2024 | Parkman Healthcare Partners LLC | added | 4.95 | -62,449 | 4,877,750 | 0.60% |
May 15, 2024 | Kent Lake Capital LLC | new | - | 588,000 | 588,000 | 0.26% |
Unveiling Performant Financial Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Performant Financial Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 103.3B | 18.9B | 27.92 | 5.46 | ||||
CTAS | 70.2B | 9.4B | 46.72 | 7.46 | ||||
CPRT | 52.4B | 4.1B | 38.65 | 12.91 | ||||
EFX | 30.8B | 5.4B | 55.13 | 5.75 | ||||
BAH | 19.8B | 10.3B | 48.27 | 1.91 | ||||
ALLE | 10.9B | 3.6B | 20.13 | 3 | ||||
MID-CAP | ||||||||
RHI | 7.4B | 6.2B | 21.08 | 1.21 | ||||
AL | 5.5B | 2.7B | 9.4 | 2.02 | ||||
SRCL | 4.3B | 2.6B | -221.54 | 1.64 | ||||
ABM | 3.0B | 8.2B | 11.58 | 0.36 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 2.7B | 18.93 | 0.71 | ||||
ALTG | 285.4M | 1.9B | 32.07 | 0.15 | ||||
ARC | 118.7M | 283.1M | 13.57 | 0.42 | ||||
AQMS | 48.7M | 212.0K | -1.94 | 213.63 | ||||
AWX | 9.4M | 81.0M | -8.5 | 0.12 |
Performant Financial Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -16.1% | 27,334,000 | 32,567,000 | 29,962,000 | 25,485,000 | 25,729,000 | 29,242,000 | 27,178,000 | 25,681,000 | 27,083,000 | 31,579,000 | 28,582,000 | 32,842,000 | 31,390,000 | 40,036,000 | 36,228,000 | 33,785,000 | 45,888,000 | 43,823,000 | 35,903,000 | 35,830,000 | 34,876,000 |
Operating Expenses | 2.0% | 31,255,000 | 30,655,000 | 30,612,000 | 29,086,000 | 29,518,000 | 29,038,000 | 29,492,000 | 28,984,000 | 28,570,000 | 28,742,000 | 28,467,000 | 34,054,000 | 34,446,000 | 36,334,000 | 34,335,000 | 39,208,000 | 60,025,000 | 46,153,000 | 41,719,000 | 40,140,000 | 42,069,000 |
EBITDA Margin | 25.3% | 0.00 | -0.01 | -0.03 | -0.03 | -0.03 | -0.01 | 0.02 | 0.03 | 0.07 | 0.05 | 0.05 | 0.06 | - | - | - | - | - | - | - | - | - |
Interest Expenses | -76.3% | 186,000 | 786,000 | 423,000 | 351,000 | 414,000 | 359,000 | 277,000 | 216,000 | 155,000 | 5,447,000 | 2,394,000 | 2,126,000 | 1,346,000 | 1,400,000 | 1,569,000 | 2,031,000 | 2,227,000 | 2,329,000 | 2,166,000 | 1,958,000 | 1,136,000 |
Income Taxes | -36.0% | 16,000 | 25,000 | -407,000 | 21,000 | 21,000 | 80,000 | -11,000 | 32,000 | 31,000 | 1,000 | -9,000 | 33,000 | 37,000 | -1,415,000 | -1,644,000 | -249,000 | -3,874,000 | -789,000 | 99,000 | 142,000 | 171,000 |
Earnings Before Taxes | -412.6% | -4,001,000 | 1,280,000 | -987,000 | -3,952,000 | -4,200,000 | -155,000 | -1,471,000 | -3,137,000 | -1,642,000 | -2,635,000 | -1,700,000 | -1,489,000 | -4,402,000 | 2,305,000 | 330,000 | -7,448,000 | -16,358,000 | -4,651,000 | -7,971,000 | -6,257,000 | -8,318,000 |
EBT Margin | 3.9% | -0.07 | -0.07 | -0.08 | -0.09 | -0.08 | -0.06 | -0.08 | -0.08 | -0.06 | -0.08 | -0.04 | -0.02 | - | - | - | - | - | - | - | - | - |
Net Income | -420.1% | -4,017,000 | 1,255,000 | -580,000 | -3,973,000 | -4,221,000 | -235,000 | -1,460,000 | -3,169,000 | -1,673,000 | -2,636,000 | -1,691,000 | -1,522,000 | -4,439,000 | 3,720,000 | 1,974,000 | -7,199,000 | -12,484,000 | -3,862,000 | -8,070,000 | -6,399,000 | -8,489,000 |
Net Income Margin | 4.1% | -0.06 | -0.07 | -0.08 | -0.09 | -0.08 | -0.06 | -0.08 | -0.08 | -0.06 | -0.08 | -0.03 | 0.00 | - | - | - | - | - | - | - | - | - |
Free Cashflow | -14.9% | -3,531,000 | -3,074,000 | 2,865,000 | 2,984,000 | -3,058,000 | -2,082,000 | 2,687,000 | -1,716,000 | -5,351,000 | -1,091,000 | -1,269,000 | -4,136,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.2% | 99.00 | 99.00 | 101 | 101 | 104 | 119 | 118 | 120 | 122 | 122 | 151 | 115 | 125 | 126 | 121 | 117 | 128 | 139 | 146 | 142 | 143 |
Current Assets | -14.3% | 34.00 | 40.00 | 42.00 | 41.00 | 44.00 | 58.00 | 57.00 | 54.00 | 55.00 | 55.00 | 83.00 | 46.00 | 55.00 | 55.00 | 49.00 | 44.00 | 46.00 | 37.00 | 34.00 | 29.00 | 28.00 |
Cash Equivalents | -47.8% | 4.00 | 7.00 | 17.00 | 15.00 | 12.00 | 23.00 | 26.00 | 16.00 | 17.00 | 20.00 | 51.00 | 10.00 | 19.00 | 18.00 | 16.00 | 15.00 | 9.00 | 5.00 | 7.00 | 4.00 | 4.00 |
Net PPE | 61.1% | 16.00 | 10.00 | 10.00 | 11.00 | 11.00 | 11.00 | 11.00 | 15.00 | 15.00 | 16.00 | 16.00 | 16.00 | 17.00 | 17.00 | 18.00 | 18.00 | 18.00 | 19.00 | 20.00 | 21.00 | 21.00 |
Goodwill | 0.1% | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 47.00 | 55.00 | 74.00 | 82.00 | 82.00 | 82.00 |
Liabilities | 17.8% | 22.00 | 18.00 | 22.00 | 23.00 | 23.00 | 34.00 | 34.00 | 35.00 | 35.00 | 40.00 | 67.00 | 72.00 | 87.00 | 84.00 | 83.00 | 82.00 | 87.00 | 85.00 | 89.00 | 78.00 | 73.00 |
Current Liabilities | 0.2% | 12.00 | 12.00 | 12.00 | 12.00 | 11.00 | 14.00 | 13.00 | 14.00 | 13.00 | 18.00 | 61.00 | 27.00 | 81.00 | 77.00 | 75.00 | 16.00 | 22.00 | 19.00 | 20.00 | 18.00 | 21.00 |
Shareholder's Equity | -3.8% | 78.00 | 81.00 | 78.00 | 78.00 | 81.00 | 84.00 | 84.00 | 84.00 | 87.00 | 82.00 | 84.00 | 43.00 | 38.00 | 42.00 | 38.00 | 35.00 | 42.00 | 54.00 | 57.00 | 64.00 | 69.00 |
Retained Earnings | -6.2% | -69.32 | -65.30 | -66.56 | -65.98 | -62.00 | -57.78 | -57.55 | -56.09 | -52.92 | -51.25 | -48.61 | -46.92 | -45.40 | -40.96 | -44.68 | -46.65 | -39.45 | -26.97 | -23.11 | -15.04 | -8.64 |
Additional Paid-In Capital | 0.7% | 147 | 146 | 145 | 144 | 143 | 142 | 141 | 141 | 140 | 134 | 133 | 90.00 | 84.00 | 83.00 | 82.00 | 82.00 | 81.00 | 81.00 | 80.00 | 79.00 | 78.00 |
Shares Outstanding | 0% | 77.00 | 77.00 | 76.00 | 76.00 | 76.00 | 76.00 | 74.00 | 72.00 | 70.00 | 69.00 | 58.00 | 56.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 120 | - | - | - | 136 | - | - | - | 90.00 | - | - | - | 7.00 | - | - | - | 20.00 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 106.4% | 121 | -1,887 | 3,482 | 4,414 | -2,149 | -695 | 3,296 | -827 | -4,651 | -370 | -178 | -3,358 | 4,822 | 2,817 | 2,238 | 8,533 | 7,221 | -2,047 | -5,721 | -8,011 | 356 |
Share Based Compensation | -14.6% | 957 | 1,121 | 1,129 | 888 | 798 | 824 | 931 | 723 | 558 | 677 | 540 | 774 | 649 | 613 | 657 | 649 | 691 | 568 | 525 | 719 | 499 |
Cashflow From Investing | -207.7% | -3,652 | -1,187 | -617 | -1,430 | -906 | -1,387 | 4,325 | -507 | -700 | -746 | -326 | 1,628 | -826 | -930 | -919 | -870 | -1,073 | -755 | -1,039 | -1,576 | -1,486 |
Cashflow From Financing | 99.8% | -14.00 | -6,982 | -539 | -337 | -7,994 | -125 | -125 | -125 | 5,436 | -32,860 | 41,878 | -7,524 | -886 | -868 | -875 | -1,026 | -947 | -751 | 9,336 | 9,536 | -122 |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Revenues | $ 27,334 | $ 25,729 |
Operating expenses: | ||
Salaries and benefits | 23,221 | 22,449 |
Other operating expenses | 8,034 | 7,069 |
Total operating expenses | 31,255 | 29,518 |
Loss from operations | (3,921) | (3,789) |
Gain on sale of certain recovery contracts | 0 | 3 |
Interest expense | (186) | (414) |
Interest income | 106 | 0 |
Loss before provision for income taxes | (4,001) | (4,200) |
Provision for income taxes | 16 | 21 |
Net loss | $ (4,017) | $ (4,221) |
Net loss per share | ||
Basic (in usd per share) | $ (0.05) | $ (0.06) |
Diluted (in usd per share) | $ (0.05) | $ (0.06) |
Weighted average shares | ||
Basic (in shares) | 76,920 | 75,505 |
Diluted (in shares) | 76,920 | 75,505 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 3,788 | $ 7,252 |
Restricted cash | 0 | 81 |
Trade accounts receivable, net of allowance for credit losses | 14,283 | 17,584 |
Contract assets | 11,879 | 10,879 |
Prepaid expenses and other current assets | 4,131 | 3,651 |
Income tax receivable | 0 | 335 |
Total current assets | 34,081 | 39,782 |
Property, equipment, and software, net | 15,664 | 9,724 |
Goodwill | 47,372 | 47,372 |
Debt issuance costs | 588 | 631 |
Right-of-use assets | 790 | 531 |
Other assets | 743 | 990 |
Total assets | 99,238 | 99,030 |
Current liabilities: | ||
Accrued salaries and benefits | 6,074 | 7,924 |
Accounts payable | 2,151 | 727 |
Other current liabilities | 2,103 | 2,385 |
Contract liabilities | 492 | 493 |
Estimated liability for appeals and disputes | 591 | 601 |
Deferred asset acquisition payments | 708 | 0 |
Lease liabilities | 281 | 250 |
Total current liabilities | 12,400 | 12,380 |
Long-term loan payable, net of current portion and unamortized debt issuance costs of $0 and $0, respectively | 5,000 | 5,000 |
Deferred asset acquisition payments | 3,010 | 0 |
Lease liabilities | 525 | 295 |
Other liabilities | 656 | 648 |
Total liabilities | 21,591 | 18,323 |
Commitments and contingencies (note 3 and note 4) | ||
Stockholders’ equity: | ||
Common stock, $0.0001 par value. Authorized, 500,000 shares at March 31, 2024 and December 31, 2023 respectively; issued and outstanding 76,920 and 76,920 shares at March 31, 2024 and December 31, 2023, respectively | 8 | 8 |
Additional paid-in capital | 146,958 | 146,001 |
Accumulated deficit | (69,319) | (65,302) |
Total stockholders’ equity | 77,647 | 80,707 |
Total liabilities and stockholders’ equity | $ 99,238 | $ 99,030 |