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Kforce (KFRC) Presents At Virtual Spring Investor Conference - Slideshow
KforceKforce(US:KFRC)2021-03-30 18:01

Company Overview & Strategy - Kforce is a professional staffing and solutions firm with a market capitalization of $1.2 billion[5] - The company focuses on technology, with 75% of its revenue from the tech sector today compared to 50% in 2007[8] - Kforce aims to reposition its Finance & Accounting (FA) business towards higher-skilled positions[24] Financial Performance & Metrics - Kforce's 2020 revenues were $1.40 billion[9], with Tech Flex revenue declining only 0.8% year-over-year on a billing day basis[9] - The company had $3.5 million in net cash as of December 31, 2020[9] - The average bill rate for Tech is approximately $80.00, while for FA it's approximately $37.00[9, 24] - The Tech Flex gross profit percentage (GP%) is 26.1%, and the FA Flex GP% is 27.5%[21, 24] - Kforce returned $46.2 million to shareholders in 2020[33] Market & Growth Opportunities - The tech staffing spend is projected at $32 billion in 2021[17] - The domestic market for F&A staffing is projected at $7.8 billion in 2021[24] - Kforce has a 3% domestic market share in both Technology and FA[20, 50]