HireQuest, Inc. (NASDAQ:HQI) Q2 2021 Earnings Conference Call August 9, 2021 4:30 PM ET Company Participants Brett Maas – Investor Relations Rick Hermanns – President and Chief Executive Officer Cory Smith – Chief Financial Officer Conference Call Participants Aaron Edelheit – Mindset Capital Operator Good day, ladies and gentlemen and welcome to the HireQuest, Inc. Second Quarter 2021 Earnings Call. All lines have been placed on a listen-only mode and the floor will be opened for questions and comments fol ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-53088 HIREQUEST, INC. (Exact name of registrant as specified in its Charter) (State of incorporation or organization) (I.R.S. employer identification no. Delaware 91-2079472 11 ...

Investor Presentation May 2021 Safe Harbor Statement This presentation and other documents referenced herein include, and our officers and representatives may from time to time make or provide, certain estimates and other forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act including, among others, statements with respect to the Company's future revenues ...

HireQuest, Inc. (NASDAQ:HQI) Q1 2021 Earnings Conference Call May 17, 2021 4:30 PM ET Company Participants Brett Maas - Investor Relations Rick Hermanns - Chief Executive Officer Cory Smith - Chief Financial Officer Conference Call Participants Aaron Edelheit - Mindset Capital Operator Good afternoon, ladies and gentlemen and welcome to the HireQuest, Inc. First Quarter 2021 Earnings Event. At this time, all participants have been placed on a listen-only mode and the floor will be opened for questions and c ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-53088 HIREQUEST, INC. (Exact name of registrant as specified in its Charter) | Delaware | 91-2079472 | | --- | --- | | (State of incorporation or organization) | (I.R.S. emplo ...

Investor Presentation March 2021 Safe Harbor Statement This presentation and other documents referenced herein include, and our officers and representatives may from time to time make or provide, certain estimates and other forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act including, among others, statements with respect to the Company's future revenu ...

HireQuest, Inc (NASDAQ:HQI) Q4 2020 Earnings Conference Call March 25, 2021 4:30 PM ET Company Participants Brett Maas - IR, Hayden IR Richard Hermanns - Chief Executive Officer Cory Smith - Chief Financial Officer Conference Call Participants Aaron Edelheit - Mindset Capital Peter Rabover - Artko Capital Operator Good afternoon, ladies and gentlemen, and welcome to the HireQuest, Inc. Fourth Quarter and Year-End 2020 Earnings Event. At this time, all participants are in placed on a listen-only mode. We wil ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-53088 HIREQUEST, INC. (Exact name of registrant as specified in its charter) Delaware 91-2079472 (State of incorporation or organization) (I.R.S. employer identification no. 111 Springhal ...

Financial Data and Key Metrics Changes - For Q3 2020, the company reported revenue of $3.4 million, a slight increase of 2.7% compared to $3.3 million in Q3 2019, despite challenging economic conditions [6][10] - Net income from continuing operations was $2.0 million or $0.15 per diluted share, a significant improvement from a net loss of $8.5 million or negative $0.65 per diluted share in Q3 2019 [13] - The company generated nearly $6.7 million in operating cash flow from continuing operations through the first nine months of 2020 [6][13] Business Line Data and Key Metrics Changes - Franchise royalties in Q3 2020 were $3.2 million, up 2.5% from $3.1 million in Q3 2019, attributed to the conversion of company-owned locations to franchises [11] - Service revenue increased by 6.7% to $164,000 compared to $154,000 in the same quarter last year, primarily due to higher fees for optional services [12] Market Data and Key Metrics Changes - System-wide sales for franchisees were down 25% year-over-year, but the decline slowed during Q3 2020, indicating some stabilization in the temporary employment market [5][6] - The company noted that the sectors served by franchisees are stabilizing, but a robust recovery in leisure, hospitality, and construction is not expected in the near term [6] Company Strategy and Development Direction - The company continues to consider acquisition targets, particularly in the current economic environment, which presents opportunities for distressed businesses [7][8] - The company aims to maintain a strong balance sheet and is focused on ensuring any acquisitions can be quickly integrated into the franchise model [8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the potential recovery of business as vaccines become available, particularly in sectors like leisure and hospitality [19][31] - The company remains confident that the worst of the pandemic's impact is behind them, with all franchises remaining operational [4][5] Other Important Information - The Board declared and paid a quarterly cash dividend of $0.05 per share, representing a yield of nearly 2.4% [9][14] - Current assets increased to $39.6 million as of September 30, 2020, from $37.0 million at the end of 2019, indicating a healthy balance sheet [15] Q&A Session Summary Question: Potential recovery with vaccine availability - Management indicated that if vaccines are effective, they expect a return to similar revenue levels as in 2019, particularly from sectors currently operating at low levels [19] Question: High operating margins in the quarter - Management attributed the high operating margins to improved performance in workers' compensation and the effects of cost-cutting measures implemented earlier in the year [20] Question: Future SG&A expectations - Management provided a target net margin of 3.75% to 4.25% of system-wide sales, emphasizing the importance of viewing margins in relation to system-wide sales for better stability [27]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-53088 HIREQUEST, INC. (Exact name of registrant as specified in its Charter) Indicate by check mark whether the registrant has submitted electronically every Interactive D ...