ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology. With the highest certifications from top technology partners and lifecycle services expertise across key areas including security, cloud, data center, collaboration, networking and emerging technologies, ePlus transforms IT from a cost center to a business enabler. Founded in 1990, ePlus has more than 1,400 associates serving a diverse set of customers in the U.S., Europe, and Asia-Pac. The Company is headquartered at 13595 Dulles Technology Drive, Herndon, VA, 20171.
Company profile
Ticker
PLUS
Exchange
Website
CEO
Mark Marron
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MLC HOLDINGS INC
SEC CIK
Corporate docs
Subsidiaries
ePlus Technology Canada, inc. • ePlus Canada Company ...
IRS number
541817218
PLUS stock data
Latest filings (excl ownership)
8-K
Increase to $500 Million Enhances ePlus’ Working Capital Financing Capacity
14 Mar 23
8-K
Results of Operations and Financial Condition
10 Feb 23
S-3ASR
Automatic shelf registration
7 Feb 23
10-Q
2023 Q3
Quarterly report
7 Feb 23
8-K/A
Submission of Matters to a Vote of Security Holders
13 Jan 23
8-K
Results of Operations and Financial Condition
9 Nov 22
S-8
Registration of securities for employees
3 Nov 22
10-Q
2023 Q2
Quarterly report
3 Nov 22
8-K
Departure of Directors or Certain Officers
17 Oct 22
8-K
Departure of Directors or Certain Officers
20 Sep 22
Transcripts
PLUS
Earnings call transcript
2023 Q2
3 Nov 23
PLUS
Earnings call transcript
2023 Q3
7 Feb 23
PLUS
Earnings call transcript
2023 Q1
4 Aug 22
PLUS
Earnings call transcript
2022 Q4
25 May 22
PLUS
Earnings call transcript
2022 Q3
4 Feb 22
PLUS
Earnings call transcript
2022 Q2
10 Nov 21
PLUS
Earnings call transcript
2022 Q1
7 Aug 21
PLUS
Earnings call transcript
2021 Q4
21 May 21
PLUS
Earnings call transcript
2021 Q3
4 Feb 21
PLUS
Earnings call transcript
2021 Q2
5 Nov 20
Latest ownership filings
4
Elaine D Marion
7 Mar 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
SC 13G/A
WCM INVESTMENT MANAGEMENT, LLC
10 Feb 23
SC 13G
GENEVA CAPITAL MANAGEMENT LLC
10 Feb 23
4
Elaine D Marion
9 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G/A
River Road Asset Management, LLC
8 Feb 23
SC 13G/A
BlackRock Inc.
26 Jan 23
SC 13G/A
BlackRock Inc.
20 Jan 23
4
BRUCE M BOWEN
5 Jan 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Revenue | |||||
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| Diluted EPS |
| Annual (USD) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 99.40 mm | 99.40 mm | 99.40 mm | 99.40 mm | 99.40 mm | 99.40 mm |
| Cash burn (monthly) | 45.33 k | 514.25 k | (no burn) | (no burn) | 9.12 mm | 3.84 mm |
| Cash used (since last report) | 136.10 k | 1.54 mm | n/a | n/a | 27.39 mm | 11.53 mm |
| Cash remaining | 99.26 mm | 97.85 mm | n/a | n/a | 72.01 mm | 87.87 mm |
| Runway (months of cash) | 2189.5 | 190.3 | n/a | n/a | 7.9 | 22.9 |
Institutional ownership, Q4 2022
21.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 177 |
| Opened positions | 25 |
| Closed positions | 21 |
| Increased positions | 65 |
| Reduced positions | 57 |
| 13F shares | Current |
|---|---|
| Total value | 1.02 tn |
| Total shares | 24.96 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 4.73 mm | $209.57 bn |
| Vanguard | 2.11 mm | $93.48 bn |
| River Road Asset Management | 1.90 mm | $84.15 bn |
| Geneva Capital Management | 1.52 mm | $67.33 bn |
| Dimensional Fund Advisors | 1.49 mm | $65.76 mm |
| Wellington Management | 1.14 mm | $50.68 bn |
| STT State Street | 963.10 k | $42.65 bn |
| AltraVue Capital | 867.93 k | $38.43 bn |
| MS Morgan Stanley | 799.25 k | $35.39 bn |
| WCM Investment Management | 704.78 k | $31.21 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Mar 23 | Marion Elaine D | Common Stock | Sell | Dispose S | Yes | Yes | 55.0216 | 372 | 20.47 k | 58,414 |
| 8 Feb 23 | Marion Elaine D | Common Stock | Sell | Dispose S | Yes | Yes | 57.78 | 100 | 5.78 k | 58,786 |
| 8 Feb 23 | Marion Elaine D | Common Stock | Sell | Dispose S | Yes | Yes | 57.2638 | 10,076 | 576.99 k | 58,886 |
| 8 Feb 23 | Marion Elaine D | Common Stock | Sell | Dispose S | Yes | Yes | 56.1412 | 3,157 | 177.24 k | 68,962 |
| 3 Jan 23 | Hovde Eric D | Common Stock | Grant | Acquire A | No | No | 0 | 481 | 0.00 | 55,388 |
| 3 Jan 23 | Bowen Bruce M | Common Stock | Grant | Acquire A | No | No | 0 | 481 | 0.00 | 3,321 |
| 15 Dec 22 | John E Callies | Common Stock | Gift | Dispose G | No | No | 0 | 1,100 | 0.00 | 20,448 |
Press releases
ePlus to Present at the Sidoti & Company
16 Mar 23
ePlus Expands Credit Facility
13 Mar 23
ePlus to Attend the William Blair 7th Annual Tech Innovators Conference
7 Mar 23
ePlus Announces Automated Virtual Assistant for Collaboration Spaces
7 Mar 23
ePlus Recognized on CRN's 2023 Managed Service Provider 500 List in Elite 150 Category
24 Feb 23