Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. The company offers recovery services to the clients in Federal guaranteed student loan program and private institutions; identifies and tracks defaulted borrowers across its clients' portfolios of student loans; rehabilitates and recovers past due student loans; provides tax recovery services to federal, state and municipal agencies; recovers government debt for various federal agencies; and offers audit and recovery services to identify improper healthcare payments for public and private healthcare clients. It also identifies improper payments resulting from incorrect coding, procedures that were not medically necessary, incomplete documentation, and claims submitted based on outdated fee schedules; and provides first party call center and other outsourced services. In addition, the company offers Performant Insight that provides various services, such as post- and pre-payment audit of healthcare claims, detection of fraud, waste and abuse of healthcare claims, coordination of benefits, and pharmacy fraud detection services. The company was formerly known as DCS Holdings, Inc. and changed its name to Performant Financial Corporation in 2005. Performant Financial Corporation was founded in 1976 and is headquartered in Livermore, California.

Performant Financial Corporation

Performant Financial provides solutions including audit, data mining, eligibility, and customer care services in the healthcare sector. Self-described as having a proven track record of offering scalable solutions that maximize results.

Metric
Company Name	Performant Financial Corporation
Symbol	PFMT
MSH ID	COM:PERFORMANTCORP
Market	STOCKS
Sector	Industrials
Industry	Specialty Business Services
Country	US
Stage
Employee Count	958
Website	performantcorp.com
LinkedIn
Founders

Metric
Market Cap	203.16M
Enterprise Value
Monthly Web Traffic	3.10K
Web Traffic Growth	0.04
Valuation
Raised Capital	25M

Metric
Revenue	113.74M
Revenue (LTM)
Revenue (NTM)
Gross Profit	-6.13M
EBITDA	585K
Operating Income	-6.13M
Net Income	-7.52M
EPS	-0.10
Diluted EPS	-0.10
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	-0.05
Operating Profit Margin	-0.05
EBITDA Margin	0.01
Net Profit Margin	-0.05
Return on Equity	-0.08
Return on Assets	-0.06
Return on Capital Employed	-0.06

COM:PERFORMANTCORP

Performant Financial

Last Close

3.08

22/11 21:00

Market Cap

203.16M

Beta: -

Volume Today

133.95K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-23.97
P/B Ratio	2.76
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	2.56
EV Multiple	362.55

Metric
Days Sales Outstanding	71.05
Days Payables Outstanding	3.57
Days Inventory Outstanding
Operating Cycle	92.41
Cash Conversion Cycle	90.20
Asset Turnover	1.16

Metric
Operating Cash Flow	3.86M
Free Cash Flow	-283K
Cash Flow to Debt	0.93
Operating Cash Flow/Sales	0.04
Free Cash Flow Yield	0.00

Metric
Cash & Equivalents	7.33M
Accounts Receivable	1.58M
Inventory
Goodwill	47.37M
Debt to Capitalization	0.10
Debt to Assets	0.11
Current Ratio	3.48
Quick Ratio	2.92

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.03
R&D to Revenue
SG&A to Revenue	0.81