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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 Sep, 2020 Jun, 2020 Mar, 2020 Dec, 2019
Sales 141,160 134,590 93,590 91,120 87,070
Sales Growth +4.88% +43.81% +2.71% +4.65% -3.67%
Net Income 17,840 25,090 13,800 11,860 9,960
Net Income Growth -28.90% +81.81% +16.36% +19.08% -31.36%
(Values in U.S. Thousands) Dec, 2020 Sep, 2020 Jun, 2020 Mar, 2020 Dec, 2019
Total Assets 464,350 443,440 391,010 386,700 362,360
Total Assets Growth +4.72% +13.41% +1.11% +6.72% -4.56%
Total Liabilities 171,200 164,100 132,580 137,650 116,430
Total Liabilities Growth +4.33% +23.77% -3.68% +18.23% -16.69%
(Values in U.S. Thousands) Dec, 2020 Sep, 2020 Jun, 2020 Mar, 2020 Dec, 2019
Operating Cash Flow 62,840 53,230 29,590 16,860 72,050
Operating Cash Flow Growth +18.05% +79.89% +75.50% -76.60% +22.74%
Net Cash Flow 22,130 20,970 5,970 3,210 22,680
Change in Net Cash Flow +5.53% +251.26% +85.98% -85.85% +29.01%
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