team is a leading industrial services company offering an array of specialized services related to the construction, maintenance, and monitoring of pressurized piping and associated systems. we serve customers in the refining, petrochemical, power, pipeline, and other heavy industrial industries with a level of service that goes above and beyond. with more than 140 u.s. and international locations, we are rapidly growing our global footprint across a wide range of industries - with service locations in five continents. even with consideration of the recent economic recession, over the last ten years, team’s revenues have grown at a compound annual rate of over 20 percent. as a result, team has been named to forbes magazine’s 200 best small companies, forbes 100 most trustworthy companies and fortune magazine’s 100 fastest growing companies lists.
Company profile
Ticker
TISI
Exchange
Website
CEO
Amerino Gatti
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
TISI Pipelines, Inc. • Team Industrial Services, Inc. • Global Ascent, LLC • TCI Services Holdings, LLC • TCI Services, LLC • Tank Consultants, LLC • Tank Consultants Mechanical Services, LLC • Team Industrial Services International, Inc. • Team Mexico Holdings, LLC • Team Middle East FZ LLC ...
IRS number
741765729
TISI stock data
Latest filings (excl ownership)
8-K
Team, Inc. Receives Continued Listing Standard Notice from Nyse
15 Mar 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
Team, Inc. Reports Fourth Quarter
7 Mar 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Team, Inc. Reports Third Quarter 2023 Results
9 Nov 23
8-K
Team, Inc. Names Michael J. Caliel As Executive Chairman
7 Nov 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
8-K
Team, Inc. Reports Second Quarter 2023 Results
10 Aug 23
8-K
Team, Inc. Announces Successful Closing of Refinancing
20 Jun 23
Transcripts
TISI
Earnings call transcript
2021 Q3
12 Nov 21
TISI
Earnings call transcript
2021 Q2
8 Aug 21
TISI
Earnings call transcript
2021 Q2
4 Aug 21
TISI
Earnings call transcript
2021 Q1
9 May 21
TISI
Earnings call transcript
2021 Q1
5 May 21
TISI
Earnings call transcript
2020 Q4
10 Mar 21
TISI
Earnings call transcript
2020 Q3
7 Nov 20
TISI
Earnings call transcript
2020 Q3
5 Nov 20
TISI
Earnings call transcript
2020 Q2
8 Aug 20
TISI
Earnings call transcript
2020 Q1
18 Jun 20
Latest ownership filings
4
Michael J Caliel
27 Mar 24
4
Edward J. Stenger
27 Mar 24
SC 13D/A
CORRE HORIZON FUND, LP
26 Mar 24
4
Change in insider ownership
26 Mar 24
4
Michael J Caliel
25 Mar 24
4
Evan S. Lederman
25 Mar 24
4
Change in insider ownership
21 Mar 24
4
Michael J Caliel
21 Mar 24
4
J MICHAEL ANDERSON
21 Mar 24
4
Edward J. Stenger
14 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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) | 21.48 mm | 21.48 mm | 21.48 mm | 21.48 mm | 21.48 mm | 21.48 mm |
Cash burn (monthly) | 2.98 mm | 3.80 mm | 3.69 mm | 8.87 mm | (no burn) | 2.80 mm |
Cash used (since last report) | 17.84 mm | 22.69 mm | 22.04 mm | 53.00 mm | n/a | 16.76 mm |
Cash remaining | 3.64 mm | -1.21 mm | -560.30 k | -31.52 mm | n/a | 4.72 mm |
Runway (months of cash) | 1.2 | -0.3 | -0.2 | -3.6 | n/a | 1.7 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 26 |
Opened positions | 2 |
Closed positions | 3 |
Increased positions | 4 |
Reduced positions | 7 |
13F shares | Current |
---|---|
Total value | 15.91 bn |
Total shares | 21.51 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Corre Opportunities Qualified Master Fund | 14.55 mm | $18.04 mm |
Gasc Apf | 3.40 mm | $3.71 mm |
Corre Partners Management | 1.45 mm | $12.07 bn |
Corre Horizon Fund | 1.45 mm | $9.35 mm |
BCS Barclays | 184.41 k | $1.53 mm |
Gendell Jeffrey L | 171.04 k | $1.42 bn |
Vanguard | 116.70 k | $968.61 mm |
BLK Blackrock | 50.19 k | $416.61 mm |
Geode Capital Management | 32.36 k | $268.59 mm |
Manatuck Hill Partners | 30.31 k | $251.56 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Mar 24 | Corre Partners Management | Common Stock, par value $0.30 per share | Buy | Acquire P | Yes | No | 6.8476 | 10,093 | 69.11 k | 1,529,510 |
25 Mar 24 | Edward J. Stenger | Common Stock | Buy | Acquire P | No | No | 7.125 | 3,000 | 21.38 k | 9,890 |
25 Mar 24 | Caliel Michael J | Common Stock | Buy | Acquire P | No | No | 7 | 2,404 | 16.83 k | 45,000 |
25 Mar 24 | Corre Partners Management | Common Stock, par value $0.30 per share | Buy | Acquire P | Yes | No | 6.8996 | 4,580 | 31.60 k | 1,519,417 |
22 Mar 24 | Evan S. Lederman | Common Stock | Buy | Acquire P | No | No | 5.12 | 2,098 | 10.74 k | 7,528 |
22 Mar 24 | Corre Partners Management | Common Stock, par value $0.30 per share | Buy | Acquire P | Yes | No | 6.9 | 4,701 | 32.44 k | 1,514,837 |
21 Mar 24 | Caliel Michael J | Common Stock | Buy | Acquire P | No | No | 6.49 | 2,218 | 14.39 k | 42,596 |