DLH Holdings Corp. (DLHC) Bundle
A Brief History of DLH Holdings Corp. (DLHC)
Company Formation and Early Years
DLH Holdings Corp. was originally incorporated in 1969 under the name of 'DLH Holdings Corp.' and operated primarily as a traditional staffing and recruiting agency. Over the years, the company evolved to focus on providing specialized services mainly to the government sector.
Transition to a Publicly Traded Entity
DLHC became publicly traded in the late 2000s. The company was listed on the NASDAQ under the ticker symbol DLHC. The IPO enabled the company to raise significant capital for expansion.
Financial Overview and Significant Milestones
In 2018, DLH Holdings reported a revenue of approximately $50.6 million, reflecting a steady increase in demand for its services. In FY 2020, the company generated revenues of about $61.5 million, which represents a growth rate of roughly 21% year-over-year.
Acquisitions and Growth Strategy
In December 2017, DLH completed its acquisition of Akimeka, LLC, a provider of IT and engineering services, for $9.5 million. This strategic move bolstered its capabilities within the federal contracting space.
Recent Developments
As of Q2 2023, DLH announced a contract award from the U.S. Department of Veterans Affairs valued at $14 million, which is intended to enhance the agency’s telehealth services.
| Year | Revenue (in millions) | Key Acquisitions | Contract Awards |
|---|---|---|---|
| 2018 | $50.6 | None | None |
| 2019 | $55.5 | None | None |
| 2020 | $61.5 | Akimeka, LLC | U.S. Department of Defense – $7 million |
| 2021 | $68.4 | None | Various – $10 million |
| 2022 | $72.0 | None | U.S. Department of Labor – $12 million |
| 2023 | $15.2 (Q2) | None | U.S. Department of Veterans Affairs – $14 million |
Market Position and Future Outlook
As of 2023, DLH Holdings is positioned as a key player in the federal services market. The company focuses on areas such as health IT, logistics, and engineering support services, anticipating further growth fueled by government spending in these areas.
Stock Performance
As of October 2023, DLHC's stock price trades around $4.25 per share. The company's market capitalization stands at approximately $63 million.
A Who Owns DLH Holdings Corp. (DLHC)
Ownership Structure
DLH Holdings Corp. (DLHC) operates in the government services sector and has a diverse shareholder base.
| Entity Type | Ownership Percentage | Shareholder Name | Type of Shares |
|---|---|---|---|
| Institutional Investor | 28.5% | BlackRock, Inc. | Common |
| Institutional Investor | 15.2% | Renaissance Technologies LLC | Common |
| Institutional Investor | 11.8% | Dimensional Fund Advisors LP | Common |
| Individual Shareholder | 5.4% | William R. Timmons | Common |
| Other Investors | 39.1% | Various Retail Investors | Common |
Market Capitalization
The market capitalization of DLH Holdings Corp. is approximately $64 million as of the latest trading data.
Stock Performance
As of October 2023, the stock price of DLH Holdings Corp. (DLHC) is approximately $6.40 per share.
| Date | Stock Price | Change (%) | Volume |
|---|---|---|---|
| October 1, 2023 | $6.25 | +2.4% | 35,000 |
| October 2, 2023 | $6.35 | +1.6% | 28,000 |
| October 3, 2023 | $6.40 | +0.8% | 30,000 |
| October 4, 2023 | $6.30 | -1.6% | 40,000 |
| October 5, 2023 | $6.40 | +1.6% | 50,000 |
Financial Overview
For the fiscal year ending September 2023, DLH Holdings Corp. reported the following key financial metrics:
| Metric | Value |
|---|---|
| Total Revenue | $75 million |
| Net Income | $5 million |
| Assets | $30 million |
| Liabilities | $15 million |
| Shareholders’ Equity | $15 million |
Recent Developments
As of 2023, DLH Holdings Corp. has been expanding its service offerings, with new contracts awarded totaling approximately $20 million in the last quarter.
- Defense Services: $10 million contract
- Healthcare Services: $5 million contract
- IT Solutions: $5 million contract
DLH Holdings Corp. (DLHC) Mission Statement
Overview of DLH Holdings Corp.
DLH Holdings Corp. is a leading provider of health care and support services to the federal government, with a strong focus on delivering high-quality services to enhance the well-being of those they serve. The company's mission is to provide innovative solutions that improve the quality of life for service members, veterans, and their families.
Mission Statement
The mission of DLH Holdings Corp. is to leverage their expertise in health care and technology to deliver comprehensive services that meet the evolving needs of the federal government and its stakeholders. They strive to achieve excellence through dedication, responsiveness, and the pursuit of continuous improvement.
Core Values
- Integrity: Committed to ethical practices.
- Excellence: Aiming for the highest quality in all services.
- Collaboration: Working together with clients and partners.
- Innovation: Embracing new ideas and technologies.
- Compassion: Understanding the needs of service members and their families.
Financial Performance
In fiscal year 2022, DLH Holdings Corp. reported revenues of approximately $113 million, reflecting a growth of around 12% compared to the previous year. The company has shown a steady increase in revenue, demonstrating its robust position in the federal services market.
| Fiscal Year | Revenue ($ Million) | Net Income ($ Million) | EBITDA ($ Million) |
|---|---|---|---|
| 2022 | 113 | 3.5 | 8.2 |
| 2021 | 101 | 2.9 | 7.5 |
| 2020 | 90 | 2.4 | 6.0 |
Service Offerings
DLH Holdings Corp. provides a diverse range of services, including:
- Health care services
- Program support
- Data analysis and IT solutions
- Logistics and facility management
Client Engagement
The company serves multiple clients including:
- Department of Defense (DoD)
- Department of Veterans Affairs (VA)
- Department of Health and Human Services (HHS)
Strategic Objectives
DLH aims to expand its market presence through:
- Innovative health care solutions
- Strategic partnerships with key stakeholders
- Investment in technology and infrastructure
Future Outlook
DLH Holdings Corp. is positioned to capitalize on the growing demand for federal health care services, forecasting a revenue growth of approximately 10-15% annually for the next five years.
How DLH Holdings Corp. (DLHC) Works
Business Overview
DLH Holdings Corp. (DLHC) provides various services primarily to government agencies. The company focuses on delivering healthcare and information technology solutions, particularly for the Department of Defense and other federal agencies.
Service Segments
- Healthcare Services
- IT Services
- Operational Support
Financial Performance
As of the fiscal year ending September 30, 2022, DLH Holdings reported the following financial figures:
| Metric | Amount |
|---|---|
| Revenue | $125.1 million |
| Net Income | $7.8 million |
| Gross Profit | $23.5 million |
| Total Assets | $62.4 million |
| Total Liabilities | $23.1 million |
| Shareholders' Equity | $39.3 million |
Market Position
DLH Holdings Corp. operates within a niche market, focusing on government contracts. In 2022, the company held over 80 active contracts with various government agencies, highlighting its stability and diversification in revenue sources.
Recent Developments
In 2023, DLH announced the acquisition of a smaller IT firm, which further expands their capabilities in cybersecurity, projecting an increase in revenue by 15% for the upcoming fiscal year.
Stock Performance
As of October 2023, the stock price of DLH Holdings Corp. (DLHC) was approximately $10.50 per share.
The market capitalization was around $152 million.
In the past year, the stock has experienced a 20% increase.
Workforce
DLH employs approximately 600 individuals, with a focus on engineers, IT specialists, and healthcare professionals. The company emphasizes training and development, investing around $1.2 million annually in employee training programs.
Client Base
DLH’s primary clients include:
- Department of Defense
- Department of Veterans Affairs
- Federal Agencies
Strategic Goals
- Increase market share in the federal sector by 10% annually.
- Expand healthcare service offerings, projecting a growth of 12% by 2025.
- Enhance IT capabilities through partnerships and acquisitions.
How DLH Holdings Corp. (DLHC) Makes Money
Government Contracts
DLH Holdings Corp. primarily generates revenue through government contracts. In 2022, the company reported approximately $118 million in revenue from its government services segment, which focuses on healthcare, logistics, and IT services.
Core Service Lines
The company operates in several core service lines:
- Healthcare Services
- Logistics and Technical Services
- Information Technology and Cybersecurity Solutions
Financial Performance
For the fiscal year ending September 30, 2022, DLH Holdings reported the following financial figures:
| Metric | Amount (in millions) |
|---|---|
| Total Revenue | $118 |
| Gross Profit | $20 |
| Net Income | $5.2 |
| Operating Expenses | $14.8 |
| Earnings Before Interest and Taxes (EBIT) | $6.8 |
Federal Government as a Customer
DLH acts primarily as a contractor to the Federal Government, with approximately 88% of its revenues derived from federal contracts. Key agencies include:
- Department of Defense
- Department of Veterans Affairs
- Health and Human Services
Profit Margins
DLH has maintained a consistent profit margin, with the reported operating margin for 2022 standing at approximately 5.8%.
Recent Acquisitions
Acquisitions play a crucial role in DLH's growth strategy. In 2021, DLH acquired the assets of a healthcare-focused consultancy for approximately $14 million, expanding its capabilities in healthcare services.
Growth in Healthcare Sector
The healthcare service market has seen substantial growth, with the U.S. healthcare market valued at $4 trillion in 2022. DLH Holdings aims to capture a larger portion of this market through innovative solutions in telehealth and healthcare analytics.
Stock Performance
As of October 2023, DLH Holdings Corp. trades at approximately $9.50 per share, with a market capitalization of $90 million.
Future Projections
Analysts project that DLH Holdings Corp. will achieve a revenue growth rate of 12% annually through 2025, primarily driven by increased government spending on healthcare and technology.
Investing in Technology
DLH has committed to investing in technology solutions, allocating approximately $3 million annually towards developing proprietary software for healthcare management systems.
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