September 22, 2014 9:29 AM ET

Professional Services

Company Overview of Labor Smart, Inc.

Company Overview

Labor Smart, Inc. provides temporary blue-collar staffing services primarily in the United States. The company supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing; and skilled trades’ people and general laborers to commercial construction industries. It serves customers primarily engaged in construction, freight handling, demolition and landscaping, warehousing, janitorial, disaster response, light manufacturing, event-staffing, restoration, and retail or wholesale operations. The company was founded in 2011 and is based in Hiram, Georgia.

5604 Wendy Bagwell Parkway

Suite 223

Hiram, GA 30141

United States

Founded in 2011

Phone:

770-222-5888

Key Executives for Labor Smart, Inc.

Founder
Age: 37
Total Annual Compensation: $104.0K
Compensation as of Fiscal Year 2013.

Labor Smart, Inc. Key Developments

Labor Smart, Inc. Announces Revenue Results for the Five Weeks and Year to Date August 29, 2014

Labor SMART, Inc. announced that the company continued to post record revenue for August, even as it culled a large amount of revenue from its book of business in July. Company-wide revenue for the five week month ended August 29, 2014 was $2.641 million, a 25.22% increase compared to August 2013 revenue of $2.109 million. Among the 14 branches open one year or more at August 29, 2014 revenue was up 2%, affected by the culling of low margin and high risk business in July that represented a year-over-year reduction of $375,968 during the month of August. Additionally, the company announced that year-to-date revenue for 2014 has exceeded $16,000,000.

Labor Smart, Inc. Presents at Aegis Capital 2014 Healthcare & Technology Conference, Sep-11-2014 08:30 AM

Labor Smart, Inc. Presents at Aegis Capital 2014 Healthcare & Technology Conference, Sep-11-2014 08:30 AM. Venue: The Encore at Wynn Las Vegas, 3121 Las Vegas Blvd. South, Las Vegas, NV 89109, United States. Speakers: Christopher Ryan Schadel, Founder, Chief Executive Officer, President, Chief Financial Officer, Chief Accounting Officer, Secretary, Treasurer and Director.

Labor Smart, Inc. Reports Earnings Results for the Second Quarter Ended June 27, 2014

Labor Smart, Inc. reported earnings results for the second quarter ended June 27, 2014. The company reported revenue of $6,437,976 which represents a 59% increase over the $4,037,040 in revenue reported for the quarter ending June 30, 2013. Operating loss narrowed to $136,000 compared to an operating loss of $566,739 reported for the same period one year ago. The company recorded a comprehensive loss for the quarter of $939,728 due to non-cash charges. The company reported net loss of $932,846, EBITDA of $59,725 and adjusted EBITDA of $401,455.

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