Performant Financial Corp (PFMT, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Performant Financial Corp provides technology-enabled recovery and related analytics services in the United States. It helps identify and recover delinquent or defaulted assets and improper payments for both government and private clients. Performant Financial Corp has a market cap of $154.280 million; its shares were traded at around $3.02 with and P/S ratio of 1.16.
For the last quarter Performant Financial Corp reported a revenue of $33.3 million, compared with the revenue of $33.81 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $132.0 million, a decrease of 6.6% from the previous year. For the last five years Performant Financial Corp had an average revenue decline of 11.6% a year.
The reported loss per diluted share was 25 cents for the year, compared with the loss per share of $0.19 in the previous year. The Performant Financial Corp had an operating margin of -5.37%, compared with the operating margin of -5.61% a year before. The 10-year historical median operating margin of Performant Financial Corp is 17.20%. The profitability rank of the company is 4 (out of 10).
At the end of the fiscal year, Performant Financial Corp has the cash and cash equivalents of $21.7 million, compared with $33.0 million in the previous year. The long term debt was $38.6 million, compared with $43.9 million in the previous year. Performant Financial Corp has a financial strength rank of 5 (out of 10).
At the current stock price of $3.02, Performant Financial Corp is traded at close to its historical median P/S valuation band of $2.75. The P/S ratio of the stock is 1.16, while the historical median P/S ratio is 1.06. The stock gained 87.34% during the past 12 months.
For the complete 20-year historical financial data of PFMT, click here.
