RCM TECHNOLOGIES, INC. RCMT
RCM Technologies, Inc. is a premier provider of business and technology solutions designed to enhance and maximize its customers' operational performance. The Company provides these services through the deployment of specialty healthcare, engineering, life sciences, information technology services, data management and solutions. For over 50 years, the Company has developed and assembled an extensive portfolio of capabilities, service offerings, and delivery options with world-class technical talent in key end markets and high-growth industries. This combination, paired with RCM's efficient pricing structure and global reach, offers clients a compelling value proposition.
RCM consists of three operating segments: Specialty Health Care, Engineering, and Life Sciences, Data and Solutions (LS&D).
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Europe
- Canada
- Puerto Rico
| Region | FY2025 | FY2024 |
|---|---|---|
| United States | $290.2M | $256.8M |
| Europe | $15.3M | $7.4M |
| Canada | $7.5M | $7.2M |
| Puerto Rico | $6.4M | $7.0M |
As the company reported it, from the “Note 14 - Segment Information - Revenues by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Specialty Health Care
- Engineering
- Life Sciences, Data & Solutions
- Other
| Segment | FY2025 | FY2024 |
|---|---|---|
| Specialty Health Care | $164.1M | $142.7M |
| Engineering | $120.5M | $96.5M |
| Life Sciences, Data & Solutions | $34.8M | $39.2M |
| Other | $0 | $0 |
As the company reported it, from the “Note 14 - Segment Information - Results of the Segments (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $319.4M | $278.4M | $263.2M | $284.7M | $203.9M | $150.4M | $191.1M | $200.4M | $186.7M | $176.4M |
| Cost of revenue | $231.5M | $198.6M | $186.5M | $201.8M | $150.8M | $111.6M | $142.5M | $151.0M | $138.3M | $129.4M |
| Gross profit | $87.9M | $79.8M | $76.7M | $82.9M | $53.1M | $38.9M | $48.6M | $49.3M | $48.4M | $47.0M |
| SG&A | $60.9M | $56.8M | $52.2M | $53.4M | $42.0M | $37.8M | $40.4M | $40.4M | $40.4M | $40.1M |
| Total operating expenses | $62.9M | $57.5M | $53.0M | $54.1M | $39.0M | $49.8M | $42.0M | $43.9M | $48.1M | — |
| Operating income | $25.1M | $22.3M | $23.7M | $28.8M | $14.1M | -$10.9M | $6.6M | $5.4M | $280.0K | $3.8M |
| Interest expense | $2.7M | $2.2M | $1.4M | $370.0K | $365.0K | $778.0K | $1.7M | $1.4M | $590.0K | $539.0K |
| Pre-tax income | $22.1M | $20.2M | $22.2M | $28.5M | $13.9M | -$12.1M | $4.8M | $3.9M | -$245.0K | $3.3M |
| Income tax | $5.7M | $6.9M | $5.4M | $7.6M | $2.9M | $3.2M | $764.0K | $1.2M | $2.3M | $1.5M |
| Net income | $16.3M | $13.3M | $16.8M | $20.9M | $11.0M | -$8.9M | $4.1M | $2.7M | $2.0M | $1.8M |
| EPS, basic | 2.19 | 1.72 | 2.03 | 2.08 | 1.00 | -0.73 | — | — | — | 0.14 |
| EPS, diluted | 2.14 | 1.68 | 1.96 | 2.00 | 0.95 | -0.73 | 0.31 | 0.22 | 0.17 | 0.14 |
| Shares, diluted (wtd. avg.) | 7.6M | 7.9M | 8.6M | 10.4M | 11.6M | 12.2M | 13.0M | 12.4M | 12.1M | 12.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.9M | $4.7M | $6.3M | $339.0K | $235.0K | $734.0K | $1.8M | $482.0K | $2.9M | $279.0K |
| Receivables | — | $78.0M | $70.7M | $50.8M | $48.2M | $36.0M | $59.8M | $52.3M | $46.1M | $45.2M |
| Total current assets | $99.9M | $97.0M | $90.5M | $59.0M | $52.0M | $43.9M | $70.7M | $58.8M | $55.6M | $53.1M |
| Property, plant and equipment | $7.3M | $7.4M | $4.0M | $2.1M | $1.9M | $2.1M | $2.7M | $3.5M | $3.4M | $4.1M |
| Goodwill | $22.1M | $22.1M | $22.1M | $22.1M | $16.4M | $16.4M | $16.4M | $17.5M | $11.7M | $12.3M |
| Other intangibles | — | $0 | $683.0K | $865.0K | $0 | $95.0K | $416.0K | $743.0K | $105.0K | $171.0K |
| Total assets | $134.4M | $132.1M | $120.5M | $88.0M | $72.9M | $68.3M | $96.2M | $81.5M | $73.3M | $69.8M |
| Accounts payable | $9.6M | $13.4M | $12.5M | $14.1M | $9.3M | $7.5M | $6.2M | $10.0M | $8.6M | $8.2M |
| Total current liabilities | $53.9M | $53.6M | $58.2M | $40.4M | $29.9M | $28.7M | $21.4M | $23.2M | $22.2M | $23.7M |
| Total liabilities | $88.4M | $98.6M | $94.7M | $56.0M | $46.9M | $46.1M | $63.8M | $54.3M | $51.2M | $38.6M |
| Retained earnings | $10.4M | -$5.9M | -$19.3M | -$36.1M | -$57.0M | -$68.0M | -$59.1M | -$63.2M | -$65.9M | -$67.9M |
| Total equity | $46.0M | $33.5M | $25.8M | $32.0M | $26.0M | $22.2M | $32.4M | $27.2M | $22.0M | $31.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $19.0M | $6.2M | $12.5M | $28.3M | $915.0K | $25.2M | -$4.8M | -$64.0K | $5.1M | $11.6M |
| Depreciation and amortisation | $1.9M | $2.1M | $1.2M | $1.0M | $1.1M | $1.4M | $1.3M | $1.4M | $1.7M | $1.6M |
| Stock-based compensation | $3.7M | $2.9M | $2.1M | $1.6M | $1.4M | $1.1M | $806.0K | $544.0K | $770.0K | $901.0K |
| Capital expenditure | $1.6M | $2.6M | $2.9M | $889.0K | $568.0K | $460.0K | $367.0K | $1.5M | $1.0M | $846.0K |
| Investing cash flow | -$1.6M | -$2.6M | -$2.5M | -$4.8M | $6.3M | -$460.0K | -$363.0K | -$2.6M | -$1.8M | -$831.0K |
| Financing cash flow | -$19.0M | -$4.8M | -$3.9M | -$23.1M | -$7.6M | -$25.6M | $6.6M | $346.0K | -$826.0K | -$11.6M |
| Dividends paid | — | — | — | — | — | — | — | — | $12.2M | $0 |
| Buybacks | $7.4M | $7.8M | $25.8M | $17.6M | $9.0M | $2.2M | — | — | $365.0K | $4.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-014678.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $176.4M | $186.7M | $200.4M | $191.1M | $150.4M | $203.9M | $284.7M | $263.2M | $278.4M | $319.4M |
| Gross profit | $47.0M | $48.4M | $49.3M | $48.6M | $38.9M | $53.1M | $82.9M | $76.7M | $79.8M | $87.9M |
| Net income | $1.8M | $2.0M | $2.7M | $4.1M | -$8.9M | $11.0M | $20.9M | $16.8M | $13.3M | $16.3M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Results announced Item 2.02
- Auditor changed Item 4.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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