RCM Technologies, Inc. is a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced information technology and engineering services. RCM is an innovative leader in the delivery of these solutions to commercial and government sectors. RCM is also a provider of specialty healthcare services to major health care institutions and educational facilities. RCM's offices are located in major metropolitan centers throughout North America and Serbia.
Company profile
Ticker
RCMT
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
RCM TECHNOLOGIES INC
SEC CIK
Corporate docs
Subsidiaries
Cataract, Inc. • RCM Technologies Engineering d.o.o. • RCM Technologies Canada Corp. • RCM Technologies (USA), Inc. • RCM Technologies Netherlands B.V. • RCMT Delaware, Inc. • RCMT Europe Holdings, Inc. ...
IRS number
951480559
RCMT stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q1
Quarterly report
10 May 23
8-K
Results of Operations and Financial Condition
9 May 23
10-K/A
2022 FY
Annual report (amended)
28 Apr 23
8-K
Fourth Amended and Restated Loan Agreement
28 Apr 23
8-K
Departure of Directors or Certain Officers
27 Mar 23
10-K
2022 FY
Annual report
16 Mar 23
8-K
Results of Operations and Financial Condition
15 Mar 23
8-K
Departure of Directors or Certain Officers
4 Jan 23
8-K
Departure of Directors or Certain Officers
28 Dec 22
S-8
Registration of securities for employees
27 Dec 22
Transcripts
RCMT
Earnings call transcript
2022 Q4
16 Mar 23
RCMT
Earnings call transcript
2022 Q3
10 Nov 22
RCMT
Earnings call transcript
2022 Q2
12 Aug 22
RCMT
Earnings call transcript
2022 Q1
2 May 22
RCMT
Earnings call transcript
2021 Q4
1 Apr 22
RCMT
Earnings call transcript
2021 Q3
12 Nov 21
RCMT
Earnings call transcript
2021 Q1
14 May 21
RCMT
Earnings call transcript
2020 Q4
2 Apr 21
RCMT
Earnings call transcript
2020 Q3
10 Nov 20
RCMT
Earnings call transcript
2020 Q2
11 Aug 20
Latest ownership filings
SC 13G
Andrews Ben
15 May 23
4
Michael Saks
27 Mar 23
SC 13G/A
RENAISSANCE TECHNOLOGIES LLC
13 Feb 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
SC 13G
Andrews Ben
24 Jan 23
4
Chigozie Obinna Amadi
4 Jan 23
4
Jayanth Sree Komarneni
4 Jan 23
4
Swarna Srinivas Kakodkar
4 Jan 23
4
Richard A. Genovese
4 Jan 23
4
Bradley Vizi
4 Jan 23
Financial summary
| Quarter (USD) | Apr 23 | Dec 22 | Oct 22 | Jul 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Jan 22 | Jan 21 | 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) | 1.83 mm | 1.83 mm | 1.83 mm | 1.83 mm | 1.83 mm | 1.83 mm |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 277.33 k | (no burn) |
| Cash used (since last report) | n/a | n/a | n/a | n/a | 608.44 k | n/a |
| Cash remaining | n/a | n/a | n/a | n/a | 1.22 mm | n/a |
| Runway (months of cash) | n/a | n/a | n/a | n/a | 4.4 | n/a |
Institutional ownership, Q4 2022
49.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 56 |
| Opened positions | 16 |
| Closed positions | 7 |
| Increased positions | 12 |
| Reduced positions | 22 |
| 13F shares | Current |
|---|---|
| Total value | 25.31 bn |
| Total shares | 4.08 mm |
| Total puts | 2.20 k |
| Total calls | 13.70 k |
| Total put/call ratio | 0.2 |
| Largest owners | Shares | Value |
|---|---|---|
| Renaissance Technologies | 645.97 k | $7.97 mm |
| Andrews Ben | 530.05 k | $0.00 |
| Vanguard | 404.55 k | $4.99 bn |
| Dimensional Fund Advisors | 384.40 k | $4.74 mm |
| WNY Asset Management | 343.69 k | $4.24 bn |
| Acadian Asset Management | 277.99 k | $3.43 mm |
| Hillsdale Investment Management | 252.29 k | $3.11 bn |
| Wellington Management | 118.80 k | $1.47 bn |
| Citadel Advisors | 102.73 k | $1.27 bn |
| AMP Ameriprise Financial | 81.38 k | $1.00 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 Mar 23 | Michael Saks | Common Stock | Grant | Acquire A | No | No | 0 | 2,381 | 0.00 | 123,972 |
| 3 Jan 23 | Richard A. Genovese | Common Stock | Grant | Acquire A | No | No | 0 | 3,107 | 0.00 | 12,082 |
| 3 Jan 23 | Swarna Srinivas Kakodkar | Common Stock | Grant | Acquire A | No | No | 0 | 3,107 | 0.00 | 52,927 |
| 3 Jan 23 | Jayanth Sree Komarneni | Common Stock | Grant | Acquire A | No | No | 0 | 3,107 | 0.00 | 57,819 |
| 3 Jan 23 | Chigozie Obinna Amadi | Common Stock | Grant | Acquire A | No | No | 0 | 3,107 | 0.00 | 9,607 |
News
Where RCM Technologies Stands With Analysts
12 May 23
Benchmark Reiterates Buy on RCM Technologies, Maintains $28 Price Target
12 May 23
B. Riley Securities Maintains Buy on RCM Technologies, Raises Price Target to $19
11 May 23
Recap: RCM Technologies Q1 Earnings
9 May 23
RCM Technologies Q1 EPS $0.41 Beats $0.38 Estimate, Sales $67.12M Beat $65.16M Estimate
9 May 23