HireQuest Inc

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

HQI$17.89-1.7%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

	Three months ended		Six months ended
(in thousands, except per share data)	June 30, 2024	June 30, 2023	June 30, 2024	June 30, 2023
Franchise royalties	$8,201	$8,745	$16,041	$18,112
Service revenue	479	245	1,058	736
Total revenue	8,680	8,990	17,099	18,848
Selling, general and administrative expenses	5,288	5,625	10,907	11,470
Depreciation and amortization	697	700	1,395	1,397
Income from operations	2,695	2,665	4,797	5,981
Other miscellaneous income	39	99	76	142
Interest income	151	68	287	114
Interest and other financing expense	(253)	(314)	(495)	(854)
Net income before income taxes	2,632	2,518	4,665	5,383
Provision for income taxes	557	465	897	1,012
Net income from continuing operations	2,075	2,053	3,768	4,371
(Loss) income from discontinued operations, net of tax	(36)	(45)	(110)	267
Net income	$2,039	$2,008	$3,658	$4,638
Basic earnings (loss) per share
Continuing operations	$0.15	$0.15	$0.27	$0.32
Discontinued operations	-	-	(0.01)	0.02
Total	$0.15	$0.15	$0.26	$0.34
Diluted earnings (loss) per share
Continuing operations	$0.15	$0.15	$0.27	$0.32
Discontinued operations	-	-	(0.01)	0.02
Total	$0.15	$0.15	$0.26	$0.34
Weighted average shares outstanding
Basic	13,818	13,720	13,809	13,699
Diluted	13,886	13,817	13,889	13,779

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.