labor smart inc (LTNC:OTC BB)
labor smart inc (LTNC) Snapshot
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Open
$0.39
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Previous Close
$0.39
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Day High
$0.39
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Day Low
$0.37
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52 Week High
02/20/13 - $0.82
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52 Week Low
01/11/13 - $0.10
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Market Cap
7.2M
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Average Volume 10 Days
15.0K
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EPS TTM
--
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Shares Outstanding
19.5M
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Related News
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Labor Smart, Inc. provides temporary blue-collar staffing services primarily in the United States. It 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. The company was founded in 2011 and is based in Hiram, Georgia.
labor smart inc (LTNC) Top Compensated Officers
labor smart inc (LTNC) Key Developments
On 05/15/2013, Labor Smart, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Labor Smart, Inc. reported revenue results for the month and year to date April 2013. The company announced that it has achieved revenue of $1,003,791 for the month of April 2013. This compares to revenues of $515,723 in April 2012 constituting a 95% jump in revenues over the previous year. For the year-to-date revenues have shown an equally impressive revenue increase of 106% with $3,507,663 in 2013 versus $1,699,439 in 2012. The company expects to see dynamic growth in revenue production and the expansion of operations as branches continue to mature and build a consistent base of clientele over the next several months. To date, it is on target to meet and possibly exceed 2013 projections.
Labor Smart, Inc. announced that it has successfully expanded into the state of Indiana with the opening of its latest branch, located in Indianapolis. Since the beginning of 2013, in four short months, the company has been successful in expanding into 3 additional states with 4 additional branches. This latest location brings the company's total branch count to 10 with operations in 7 states. Additionally, the company expects to open a new branch location in Kentucky in the coming weeks. The company also reported that they have recently leased additional space adjacent to their corporate office. This will now double the size of the corporate facility, allowing for the immediate expansion needed to house additional support staff and equipment.
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| LTNC:US | $0.37 USD | -0.019 | |
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Industry Analysis
LTNC
Industry Average
| Valuation | LTNC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.9x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.9x |
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- New York, NY |Posted: May 17
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- New York, NY | New York UniversityPosted: Apr 19
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To contact LABOR SMART INC, please visit www.laborsmart.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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