JOB Research | Milton Maxwell

JOB

GEE Group Inc.

0.1863

-0.0037-1.95%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q1 '26

Q&A hints at premium sale offers

2/12/26Feb 12, 2026

Q&A largely reaffirmed prepared remarks on staffing headwinds, direct hire gains, and cost cuts, while fielding activist-style queries on value realization. Management confirmed incentives via employment agreements suffice, rejecting takeover as the only path. They evaluate multiple unsolicited offers but withheld details, dismissing a BGSF comp's 150% stock upside as "extremely low." Organic improvements continue. Watch strategic alternatives and profitability push.

Key Stats

Market Cap

20.38M

P/E (TTM)

Basic EPS (TTM)

-0.34

Dividend Yield

Recent Filings

8-K

Engages Roth for strategic review

3/11/26Mar 11, 2026

GEE Group engaged Roth Capital Partners on March 10, 2026, to review unsolicited expressions of interest and evaluate strategic alternatives for maximizing shareholder value. The Board and M&A Committee had initially assessed these opportunities. No transaction is assured. Roth sharpens responses.

8-K

Director Isaac resigns

3/10/26Mar 10, 2026

GEE Group director Bill Isaac resigned effective March 6, 2026, for health and personal reasons, after a decade on the board including key committees like Audit and M&A. No disagreements with company operations. Chairman Dewan praised his FDIC background and service. Smooth transition ahead.

8-K

Q1 revenues drop 15%

2/13/26Feb 13, 2026

GEE Group reported fiscal 2026 Q1 continuing revenues of $20.5M, down 15% year-over-year due to losing a $2.6M low-margin client on October 1, 2025, amid labor market weakness from tariffs, inflation, high rates, and AI disruptions. Gross profit fell 7% to $7.4M but margins rose to 36.1% on higher direct hire mix (up 8% to $2.7M). Loss from operations narrowed to $(150)K; balance sheet strong with $20.1M cash, no debt. Management eyes stabilizing demand, AI efficiencies, and strategic alternatives.

10-Q

Q1 FY2026 results

2/12/26Feb 12, 2026

GEE Group's Q1 FY2026 revenues fell 15% y/y to $20.5M, with contract staffing down 17% to $17.8M yet gross margins climbing to 36.1% from 33.0% on better pricing and direct hire mix up 8%. Operating loss narrowed to $(0.4)M from $(0.8)M, thanks to SG&A cuts; net loss shrank to $(0.00) per share on 109,600 diluted shares, boosted by $196K gain from writing down Hornet promissory notes after AGP shortfall. Cash dipped to $20.1M with $1.2M operating outflow, but $4.2M revolver availability remains and no debt outstanding beyond leases. Hornet closed Jan 2025 for $1.5M (cash/notes), adding $1.4M intangibles (8-10 year lives). Losses track industry weakness. Competitive market pressures persist.

8-K

GEE rejects Star's vague IOI

1/27/26Jan 27, 2026

GEE Group dismissed Star Equity's vague January 6, 2026, indication of interest for a business combination, noting Star's lack of valuation details, thin trading, $36.7 million market cap, and recent GAAP net losses of $(1.831) million and $(4.275) million. No NDA exists; Star claims 5.4% ownership without a Schedule 13D filing. Board will review bona fide offers to boost shareholder value.

About

GEE Group Inc. provides human resources solutions in the United States. The company operates through two segments, Industrial Staffing Services and Professional Staffing Services. It offers placement of information technology, accounting, finance, office, engineering, engineering professionals for direct hire and contract staffing services, and data entry assistants; and temporary staffing services for industrial clients. The company also provides scribes that specialize in electronic medical record services for emergency departments, specialty physician practices, and clinics. It offers professional staffing services under the names of Access Data Consulting, Agile Resources, Ashley Ellis, GEE Group (Columbus), Omni One, Paladin Consulting, Scribe Solutions, Accounting Now, Staffing Now, SNI Banking, SNI Certes, SNI Energy, SNI Financial, and SNI Technology; and industrial staffing under the Triad Staffing brand. The company was formerly known as General Employment Enterprises, Inc. and changed its name to GEE Group Inc. in July 2016. GEE Group Inc. was founded in 1893 and is headquartered in Jacksonville, Florida.

CEO

Mr. Derek E. Dewan CPA

IPO

3/17/1980

Website

https://www.geegroup.com

Employees

210

Sector

Industrials

Industry

Staffing & Employment Services