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Nic Inc (EGOV)

Nic Inc (EGOV)
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NIC Inc. provides digital government services that enable governments to use technology to provide various services to businesses. Its Outsourced Portals business enters into long-term contracts with state and local governments to design, build, and operate Internet-based, enterprise-wide portals on their behalf. These portals consist of Websites and applications that enable businesses and citizens to access government information online and complete transactions, such as applying for a permit, retrieving government records, or filing a government-mandated form or report. Its portal service offerings include motor vehicle driver history record retrieval; hunting/ fishing licenses; health professional license services; professional license renewal; business registrations and renewals; secretary of state business searches; Uniform Commercial Code searches and filings; limited criminal history searches; court services; vital records; income and property tax payments; and payment processing products and services.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016
Sales 460,450 354,210 344,900 336,510 317,910
Sales Growth +29.99% +2.70% +2.49% +5.85% +8.73%
Net Income 68,590 50,430 58,270 51,610 55,830
Net Income Growth +36.01% -13.45% +12.90% -7.56% +32.99%
(Values in U.S. Thousands) Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016
Total Assets 464,350 362,360 310,530 295,730 240,860
Total Assets Growth +28.15% +16.69% +5.00% +22.78% -0.16%
Total Liabilities 171,200 116,430 98,840 127,490 106,960
Total Liabilities Growth +47.04% +17.80% -22.47% +19.19% -14.73%
(Values in U.S. Thousands) Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016
Operating Cash Flow 62,840 72,050 69,840 64,840 78,430
Operating Cash Flow Growth -12.78% +3.16% +7.71% -17.33% +54.51%
Net Cash Flow 22,130 22,680 30,920 33,770 28,620
Change in Net Cash Flow -2.43% -26.65% -8.44% +17.99% +175.19%
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