Company Overview - Star Equity Holdings is a diversified holding company with three divisions[5] - The company closed the sale of non-continuing healthcare businesses for over $20 million in 2021[5] - As of September 30, 2021, the pro forma cash balance was $17 million, positioning the company for acquisitions[5] - The company issued tax-efficient Series A 10% Preferred Stock in September 2019 as part of an acquisition[5] - As of January 31, 2022, the common stock price was $1.36 with 15.3 million shares outstanding, and the Series A Preferred Stock price was $10.00 with 1.92 million shares outstanding[7] Financial Performance - Consolidated revenue for the first nine months of 2021 was $77 million, a 40% increase compared to the same period in 2020[11] - Healthcare revenue for the first nine months of 2021 was $43 million, a 19.7% increase compared to the same period in 2020[11] - Construction revenue for the first nine months of 2021 was $34 million, a 78.6% increase compared to the same period in 2020[11] Growth Strategy - The company aims to increase KBS's modular manufacturing output to 750-1000 modular units per year[53] - The company sold DMS Health Technologies, Inc business unit for $18.8 million and MD Office Solutions ("MDOS") for $1.4 million[55] - The company completed a $14.3 million public offering in January 2022 to fund organic growth initiatives and potential acquisitions[55]
Star Equity Holdings (STRR) Investor Presentation - Slideshow