GEE Group Inc. is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company operates in two industry segments, providing professional staffing services and solutions in the information technology, engineering, finance and accounting specialties and commercial staffing services through the names of Access Data Consulting, Agile Resources, Ashley Ellis, General Employment, Omni-One, Paladin Consulting and Triad. Also, in the healthcare sector, GEE Group, through its Scribe Solutions brand, staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR). Additionally, the Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes.
Company profile
Ticker
JOB
Exchange
Website
CEO
Derek Dewan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
GENERAL EMPLOYMENT ENTERPRISES INC
SEC CIK
Corporate docs
IRS number
366097429
JOB stock data
Latest filings (excl ownership)
8-K
GEE Group Announces Results for the Fiscal 2023 First Quarter
15 Feb 23
10-Q
2023 Q1
Quarterly report
14 Feb 23
10-K
2022 FY
Annual report
20 Dec 22
8-K
GEE Group Announces Results for the Fiscal 2022 Full Year and Fourth Quarter
20 Dec 22
8-K
GEE Group to Hold Investor Conference Call to Discuss Fiscal 2022 Fourth Quarter and Full Year Results
12 Dec 22
8-K
Submission of Matters to a Vote of Security Holders
29 Aug 22
8-K
GEE Group Announces Strong Results for the Fiscal 2022 Third Quarter and YTD
16 Aug 22
10-Q
2022 Q3
Quarterly report
15 Aug 22
DEF 14A
Definitive proxy
18 Jul 22
S-8
Registration of securities for employees
8 Jul 22
Latest ownership filings
SC 13G/A
RAFFLES ASSOCIATES LP
15 Feb 23
SC 13G/A
Red Oak Partners, LLC
14 Feb 23
4
DARLA D MOORE
7 Dec 22
4
WILLIAM M ISAAC
7 Dec 22
4
PETER J TANOUS
7 Dec 22
4
CARL T CAMDEN
7 Dec 22
4
Thomas Vetrano
7 Dec 22
4
Matthew E Gormly
7 Dec 22
4
KIM D THORPE
6 Dec 22
4
Alexander Preston Alexander Stuckey
6 Dec 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Sep 22 | Sep 21 | Sep 20 | Sep 19 | |
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| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| 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) | 18.47 mm | 18.47 mm | 18.47 mm | 18.47 mm | 18.47 mm | 18.47 mm |
| Cash burn (monthly) | 125.33 k | (no burn) | (no burn) | (no burn) | 108.67 k | (no burn) |
| Cash used (since last report) | 366.86 k | n/a | n/a | n/a | 318.07 k | n/a |
| Cash remaining | 18.11 mm | n/a | n/a | n/a | 18.15 mm | n/a |
| Runway (months of cash) | 144.5 | n/a | n/a | n/a | 167.1 | n/a |
Institutional ownership, Q4 2022
31.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 37 |
| Opened positions | 2 |
| Closed positions | 4 |
| Increased positions | 13 |
| Reduced positions | 4 |
| 13F shares | Current |
|---|---|
| Total value | 9.97 bn |
| Total shares | 35.88 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Raffles Associates | 8.91 mm | $4.37 bn |
| Red Oak Partners | 6.95 mm | $0.00 |
| Vanguard | 5.02 mm | $2.46 bn |
| FiveT Investment Management | 4.96 mm | $3.15 mm |
| AWM Investment | 2.29 mm | $1.12 bn |
| Renaissance Technologies | 1.55 mm | $762.00 k |
| First Eagle Investment Management | 1.19 mm | $580.92 mm |
| Geode Capital Management | 847.57 k | $415.00 k |
| Acadian Asset Management | 762.71 k | $372.00 k |
| Manatuck Hill Partners | 582.30 k | $285.33 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 Dec 22 | Dewan Derek E | Common Stock, no par value | Grant | Acquire A | Yes | No | 0.79 | 537,182 | 424.37 k | 2,839,563 |
| 2 Dec 22 | Stuckey Alexander Preston Alexander | Common Stock, no par value | Grant | Acquire A | No | No | 0.79 | 383,701 | 303.12 k | 2,195,022 |
| 2 Dec 22 | Thorpe Kim D | Common Stock, no par value | Grant | Acquire A | Yes | No | 0.79 | 414,398 | 327.37 k | 1,215,388 |
| 2 Dec 22 | Matthew E Gormly | Option to Purchase Common Stock Common Stock | Grant | Acquire A | No | No | 0.79 | 50,000 | 39.50 k | 75,000 |
| 2 Dec 22 | Thomas Vetrano | Option to Purchase Common Stock Common Stock | Grant | Acquire A | No | No | 0.79 | 50,000 | 39.50 k | 75,000 |
News
Press releases
GEE Group Announces Results for the Fiscal 2023 First Quarter
14 Feb 23
GEE Group to Hold Investor Conference Call to Discuss 2023 Fiscal First Quarter Results
13 Feb 23
GEE Group's SNI Companies Wins ClearlyRated's 2023 Best of Staffing Client and Talent 5 Year Diamond Awards for Service Excellence
8 Feb 23