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Command Center, Inc. (CCNI)

Command Center, Inc. is a national provider of on-demand and temporary staffing solutions. The company provides flexible on-demand employment solutions to businesses in the U.S. This is chiefly in the areas of light industrial, hospitality, and event services. The company has 65 field offices. Command Center is based in Denver, Colorado. The company's shares trade on the OTCQB.

Command Center provides employment for close to 34,000 field team members working for more than 3,200 clients. The company's specialty is providing properly skilled workers for any size project on an 'on demand' basis. Its Command Staffing® has considerable experience matching businesses with highly qualified job seekers.

Pertaining to Command Hospitality® Services, the company trains and places temporary and/or permanent employees within the hospitality sector. Command Center provides servers, host/hostesses, cooks, bartenders, laundry workers, cashiers, stand workers, front desk personnel, housekeepers, maintenance, and janitorial workers for clients of all sizes.

Concerning its Command Events(sm) Services, Command Center maintains relationships with trained event workers that are 'on call'. The company's branches rapidly assemble event crews.

In addition, Command Center has its Command Movers (sm) Services. It provides properly trained movers for relocation projects, which are covered under a workers' compensation policy.

Regarding Command Trades (sm) Services, the company offers its commercial, industrial, and residential skilled trades division. Its qualified, skilled tradespeople include automotive technicians, carpenters, electricians, HVAC, drivers, plumbers, pipefitters, welders, builders, and more.

Command Center has acquired substantially all the assets of Hancock Staffing. Hancock Staffing provides services in the same general market segments that Command Center presently operates. Hancock Staffing operated branches in Little Rock, Arkansas, and Oklahoma City, Oklahoma. These two branches have annualized revenue of roughly $8 million and became immediately accretive to Command Center's earnings.

Recently, Command Center reported financial results for Q1 ended March 31, 2017. Q1 2017 financial highlights versus the year-ago quarter include Revenue up 17.2 percent to $22.3 million versus $19.1 million. Gross Margin rose 100 basis points to 25.7 percent versus 24.7 percent.

Net Income improved to $0.2 million or $0.00 per share versus a Net Loss of $(0.5) million or $(0.01) per share. Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) grew to $0.4 million versus $(0.1) million.

 

 

 

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