Nixxy, Inc. (NASDAQ: NIXX)

Sector: Industrials Industry: Staffing & Employment Services CIK: 0001462223
Market Cap 11.25 Mn
P/B 1.08
P/E -0.61
P/S 0.24
ROIC (Qtr) -186.17
Div Yield % 0.00
Rev 1y % (Qtr) 23,386.55
Total Debt (Qtr) 200,000.00
Debt/Equity (Qtr) 0.02
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About

Recruiter.com Group, Inc., also known as RCRT, operates in the human resources and staffing industry. The company transforms the $46.7 billion Employment and Recruiting Agency industry through an on-demand recruiting platform. Recruiter.com Group offers a variety of services, including on-demand contract recruiting, job board platforms, recruitment education services, and candidate marketing software. With seven operating subsidiaries, the company has established a significant presence in the industry. Recruiter.com Group generates revenue from...

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Investment thesis

Bull case

  • Strong tangible asset base of 1.27M provides 6.36x coverage of total debt 200000, indicating robust asset backing and low credit risk.
  • Operating cash flow of (6.44M) exceeds working capital of (4.22M) by 1.53x, showing strong operational efficiency.

Bear case

  • Investment activities of (400000) provide weak support for R&D spending of 247759, which is -1.61x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • The company's operating cash flow of (6.44M) shows concerning coverage of stock compensation expenses of 4.11M, with a -1.57 ratio indicating potential earnings quality issues.
  • Operating earnings of (18.23M) show weak coverage of depreciation charges of 1.80M, with a -10.14 ratio indicating high capital intensity and potential reinvestment needs.
  • Free cash flow of (6.44M) represents just -8.13x of debt issuance 792057, suggesting concerning reliance on leverage rather than internal cash generation for growth.
  • Operating cash flow of (6.44M) barely covers operating expenses of 6.50M with a -0.99 ratio, suggesting thin operational efficiency margins and limited flexibility.

Peer comparison

Companies in the Staffing & Employment Services
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 TNET Trinet Group, Inc. 2.92 Bn 13.22 0.86 0.94 Bn
2 KFY Korn Ferry 2.76 Bn 66.66 3.91 0.55 Bn
3 RHI Robert Half Inc. 2.48 Bn 18.65 0.46 0.25 Bn
4 MAN ManpowerGroup Inc. 1.76 Bn 3.55 0.08 1.64 Bn
5 KFRC Kforce Inc 1.11 Bn -12.63 1.14 0.07 Bn
6 BBSI Barrett Business Services Inc 0.94 Bn 17.65 1.01 0.03 Bn
7 NSP Insperity, Inc. 0.92 Bn -131.16 0.13 0.44 Bn
8 KELYA Kelly Services Inc 0.33 Bn -1.29 0.08 0.16 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.72 0.72
EV to Cash from Ops. EV/CFO -1.79 13.34
EV to Debt EV to Debt 57.51 16.96
EV to EBIT EV/EBIT -0.63 6.77
EV to EBITDA EV/EBITDA -0.75 5.70
EV to Free Cash Flow [EV/FCF] EV/FCF -1.79 27.09
EV to Market Cap EV to Market Cap 1.02 0.88
EV to Revenue EV/Rev 0.25 0.75
Price to Book Value [P/B] P/B 1.08 2.96
Price to Earnings [P/E] P/E -0.61 -37.77
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Div Coverage (Qtr) 0.00 -0.44
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 -81.87
Dividend per Basic Share Div per Share (Qtr) 0.00 0.84
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 115.87
Interest Coverage Int. cover (Qtr) -121.85 -11.60
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) 0.00 24.71
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) -94.49 155.53
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 35.43
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -18.01 -2,529.64
EBITDA Growth (1y) % EBITDA 1y % (Qtr) -91.19 -29.98
EBIT Growth (1y) % EBIT 1y % (Qtr) -18.01 -51.52
EBT Growth (1y) % EBT 1y % (Qtr) -11.82 -79.33
EPS Growth (1y) % EPS 1y % (Qtr) 103.52 -2,182.39
FCF Growth (1y) % FCF 1y % (Qtr) -756.40 229.47
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) 338.96 12.54
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 2.92 1.87
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.36
Cash Ratio Cash Ratio (Qtr) 0.02 0.80
Current Ratio Curr Ratio (Qtr) 0.23 1.85
Debt to Equity Ratio Debt/Equity (Qtr) 0.02 1.53
Interest Cover Ratio Int Coverage (Qtr) -121.85 -11.60
Times Interest Earned Times Interest Earned (Qtr) -121.85 -11.60
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) -35.00 -8.99
EBIT Margin % EBIT Margin % (Qtr) -38.87 -51.06
EBT Margin % EBT Margin % (Qtr) -39.19 -11.99
Gross Margin % Gross Margin % (Qtr) 1.00 33.35
Net Profit Margin % Net Margin % (Qtr) -39.20 -13.87