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Performant Finl Stock Price, News & Analysis

PFMT NASDAQ

Company Description

Company Overview

Performant Finl Corp (PFMT) is a publicly traded entity that provides technology-enabled recovery and analytics services. The company is dedicated to addressing the challenges associated with waste, improper payments, and unpaid debts across a broad spectrum of public and private markets. By leveraging advanced data analytics, sophisticated workflow technologies, and a team of seasoned industry experts, PFMT helps organizations enhance revenue and contain costs. Its service offerings are built around identifying and recovering elusive funds in sectors such as healthcare, student loans, and government receivables, making it a vital player in minimizing financial inefficiencies.

Technology and Analytics

At the heart of PFMT's operations is a proprietary data processing platform that enables the analysis of vast datasets with precision and speed. This advanced analytics capability allows the company to detect anomalies and improper payments quickly, thereby maximizing recovery outcomes. The integration of this technology with comprehensive recovery processes ensures a seamless and effective approach to unlocking value hidden within large, complex data streams.

Recovery and Workflow Infrastructure

PFMT's recovery infrastructure is designed to manage accounts that span extremely high dollar ranges. The company employs highly scalable workflow technologies that allow it to process numerous cases simultaneously, ensuring that each account is handled with meticulous attention. This infrastructure, combined with a success-based fee model, aligns the company’s performance directly with the financial benefits realized by its clients.

Market Segments and Services

The company operates across multiple market segments, serving both government and private entities. It offers its services on an outsourced basis, managing many or all aspects of its clients' recovery processes. Whether it is the identification and recovery of student loan assets, correcting improper healthcare payments, or reclaiming delinquent state tax and federal treasury receivables, PFMT’s diversified approach helps mitigate common financial losses that affect various sectors.

Business Model and Revenue Generation

PFMT utilizes a success-based revenue model, earning fees as a percentage of the funds recovered for its clients. This performance-driven approach ensures that the company’s interests are closely aligned with those of its clients. By focusing on the recovery of funds that might otherwise be lost, PFMT drives immediate financial impact and operates with a clear value proposition that resonates across multiple industries.

Expertise and Operational Scale

The company prides itself on its team of experienced professionals who have a deep understanding of industry intricacies. This expertise is essential in navigating the regulatory and operational complexities that industries such as healthcare and government finance present. The operational scale of PFMT is supported by a robust staffing allotment and strategically located offices, enhancing its ability to manage recovery processes involving substantial dollar volumes and complex cases.

Competitive Position and Value Proposition

PFMT’s competitive edge lies in its ability to merge traditional recovery practices with cutting-edge technology. This unique combination of seasoned expertise, advanced analytics, and scalable process management distinguishes it from other service providers in the recovery and analytics space. The company’s comprehensive approach not only minimizes financial leakage but also provides a transparent and measurable return on investment for its clients.

Key Considerations

Investors and stakeholders interested in understanding PFMT should note the company’s diverse client base and its ability to operate effectively in a highly specialized market. The use of sophisticated technologies and a strong adherence to proven recovery methodologies underpin its operational strategy. While PFMT remains focused on mitigating improper payments and recovering lost assets, its commitment to operational excellence and industry-specific expertise are what enable it to maintain competitiveness in an ever-evolving financial services landscape.

Stock Performance

$—
0.00%
0.00
Last updated:
-13.91 %
Performance 1 year
$278.7M
Market Cap
78.3M
Shares outstanding

SEC Filings

No SEC filings available for Performant Finl.

Financial Highlights

$122,981,000
Revenue (TTM)
-$9,895,000
Net Income (TTM)
-$0.13
Diluted EPS (TTM)
$6,178,000
Operating Cash Flow
-8.05%
Net Profit Margin
-7.72%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Performant Finl (PFMT)?

The current stock price of Performant Finl (PFMT) is $3.56 as of February 7, 2025.

What is the market cap of Performant Finl (PFMT)?

The market cap of Performant Finl (PFMT) is approximately 278.7M.

What is the revenue (TTM) of Performant Finl (PFMT) stock?

The trailing twelve months (TTM) revenue of Performant Finl (PFMT) is $122,981,000.

What is the net income of Performant Finl (PFMT)?

The trailing twelve months (TTM) net income of Performant Finl (PFMT) is -$9,895,000.

What is the earnings per share (EPS) of Performant Finl (PFMT)?

The diluted earnings per share (EPS) of Performant Finl (PFMT) is -$0.13 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Performant Finl (PFMT)?

The operating cash flow of Performant Finl (PFMT) is $6,178,000.

What is the profit margin of Performant Finl (PFMT)?

The net profit margin of Performant Finl (PFMT) is -8.05%.

What is the operating margin of Performant Finl (PFMT)?

The operating profit margin of Performant Finl (PFMT) is -7.72%.

What is the current ratio of Performant Finl (PFMT)?

The current ratio of Performant Finl (PFMT) is 2.75, indicating the company's ability to pay short-term obligations.

What is the operating income of Performant Finl (PFMT)?

The operating income of Performant Finl (PFMT) is -$9,500,000.

What does Performant Finl Corp (PFMT) do?

PFMT specializes in technology-enabled recovery and analytics services, focusing on reclaiming funds lost through waste, improper payments, and unpaid debts across multiple sectors.

How does PFMT generate revenue?

The company operates on a success-based fee model, earning a percentage of the funds it successfully recovers for its clients, thereby aligning its performance with client outcomes.

Which market segments are served by PFMT?

PFMT serves a wide array of markets including healthcare, student loans, and government receivables, offering recovery services to both public and private sector clients.

What technologies enable PFMT's recovery processes?

PFMT employs a proprietary data processing platform integrated with advanced analytics and scalable workflow technologies that allow for precise and rapid identification of improper payments.

How does PFMT differentiate itself from competitors?

The company differentiates itself through its combination of experienced professionals, advanced technological infrastructure, and a performance-based revenue model, ensuring a direct alignment with client financial recovery.

What is the recovery infrastructure of PFMT like?

PFMT’s recovery infrastructure is built to efficiently handle a wide range of accounts, using scalable workflow technologies and specialized processes that facilitate the management of complex and high-volume cases.

How does PFMT ensure expertise in its operations?

PFMT leverages a deep team of industry experts who understand the nuances of its key markets, ensuring that the recovery process is tailored to the specific regulatory and operational challenges of each sector.