SRT Startek, Inc.
StarTek, Inc. is a global business process outsourcing company that provides Omni channel customer interactions, technology and back-office support solutions. It operates under the Startek and Aegis brands, which helps the large global companies to connect emotionally with their customers, solve issues, and improve net promoter scores and other customer-facing performance metrics. The company offers multiple services, including sales, order management and provisioning, customer care, technical support, receivables management, and retention programs. It also manages programs using a variety of multi-channel customer interactions, including voice, chat, email, social media and back-office support. It operates through the following segments: Americas, Middle East, Malaysia, India and Srilanka, Argentina and Peru, and Rest of World. The company was founded by A. Emmet Stephenson and Michael W. Morgan in 1987 and is headquartered in Greenwood Village, CO.
Company profile
Ticker
SRT
Exchange
Website
CEO
Aparup Sengupta
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
STARTEK INC
SEC CIK
Corporate docs
IRS number
841370538
SRT stock data
()
Investment data
Securities sold
Number of investors
Calendar
9 Nov 20
27 Jan 21
31 Dec 21
News
Financial summary
| Quarter (USD) | Sep 20 | Jun 20 | Mar 20 | Sep 19 | |
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| Diluted EPS |
| Annual (USD) | Dec 19 | Dec 17 | Dec 16 | Dec 15 | |
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Financial data from Startek earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 56.59M | 56.59M | 56.59M | 56.59M | 56.59M | 56.59M |
| Cash burn (monthly) | (positive/no burn) | (positive/no burn) | (positive/no burn) | 1.14M | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | n/a | n/a | n/a | 4.47M | n/a | n/a |
| Cash remaining | n/a | n/a | n/a | 52.12M | n/a | n/a |
| Runway (months of cash) | n/a | n/a | n/a | 45.8 | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 4 Jan 21 | Sharda Mukesh | Stock Options Common Stock | Grant | Aquire A | No | 7.83 | 4,561 | 35.71K | 4,561 |
| 4 Jan 21 | Schoenfeld Julie | Common Stock | Grant | Aquire A | No | 0 | 2,873 | 0 | 33,403 |
| 4 Jan 21 | Rao Bharat | Stock Options Common Stock | Grant | Aquire A | No | 7.83 | 4,561 | 35.71K | 4,561 |
| 4 Jan 21 | Schafer Jerry | Stock Options Common Stock | Grant | Aquire A | No | 7.83 | 4,561 | 35.71K | 4,561 |
| 4 Jan 21 | Chakrabarty Sanjay | Stock Options Common Stock | Grant | Aquire A | No | 7.83 | 4,561 | 35.71K | 4,561 |
Institutional ownership Q3 2020
6.5% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 28 |
| Opened positions | 0 |
| Closed positions | 3 |
| Increased positions | 8 |
| Reduced positions | 11 |
13F shares |
Current |
|---|---|
| Total value | 51.88M |
| Total shares | 2.61M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| FMR | 530.12K | $10.55M |
| TROW T. Rowe Price | 526.98K | $10.49M |
| GBL Gamco Investors | 401.68K | $7.99M |
| Dimensional Fund Advisors | 295.97K | $5.89M |
| Vanguard | 205.53K | $4.09M |
| Ariel Investments | 132.49K | $2.64M |
| TETAA Teton Advisors | 110.56K | $2.2M |
| BLK Blackrock | 106.77K | $2.13M |
| Renaissance Technologies | 97.01K | $1.93M |
| Bridgeway Capital Management | 59.9K | $1.19M |
Financial report summary
?Competition
Sykes Enterprises • Zomax • TTEC • CONCENTRIX CVG • Infosys • Wipro • Stream Global Services • Teleperformance • Conduent
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
adhering, aforementioned, Banking, billion, brick, Chairman, crafted, created, CX, digital, earlier, East, Employment, Energy, enhancing, finest, flat, GAIN, globe, half, headcount, Hospitality, laid, Lankac, merger, mortar, payroll, recourse, repository, Retail, solution, suit, touch, transformation, truth, witnessed
Financial reports
10-Q
2020 Q3
Quarterly report
9 Nov 20
10-Q
2020 Q2
Quarterly report
10 Aug 20
10-Q
2020 Q1
Quarterly report
10 Jun 20
10-K/A
2019 FY
Annual report (amended)
5 May 20
10-K
2019 FY
Annual report
12 Mar 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
8 Aug 19
10-Q
2019 Q1
Quarterly report
9 May 19
10-KT
2018 FY
Filing
14 Mar 19
10-Q
2018 Q2
Quarterly report
9 Nov 18
Current reports
8-K
Startek Reports Third Quarter 2020 Financial Results
9 Nov 20
8-K
Submission of Matters to a Vote of Security Holders
22 Oct 20
8-K
Startek Reports Second Quarter 2020 Financial Results
10 Aug 20
8-K
Entry into a Material Definitive Agreement
5 Aug 20
8-K
Startek Amends Term Loan and Revolving Credit Facility Agreement
13 Jul 20
8-K
Departure of Directors or Certain Officers
8 Jul 20
8-K
Entry into a Material Definitive Agreement
6 Jul 20
8-K
Company has Taken Swift Measures to Counter the Impact from COVID-19
10 Jun 20
8-K
Submission of Matters to a Vote of Security Holders
20 May 20
8-K
Startek Changes Location for 2020 Annual Meeting of Stockholders and Postpones First Quarter Reporting Due to COVID-19
5 May 20
Registration and prospectus
S-8
Registration of securities for employees
13 Oct 20
S-8
Registration of securities for employees
12 Aug 20
D
$7.5M in equity, sold $7.5M, 1 investor
9 Jul 20
424B3
Prospectus supplement
19 Jul 19
S-3
Shelf registration
15 Jul 19
424B3
Prospectus supplement
19 Jun 19
S-3
Shelf registration
13 Jun 19
D
$5.18M in equity, sold $5.18M, 6 investors
29 May 19
S-8
Registration of securities for employees
10 Aug 16
S-8
Registration of securities for employees
10 Aug 16
Proxies
DEF 14C
Information statement
29 Sep 20
DEFA14A
Additional proxy soliciting materials
5 May 20
DEFA14A
Additional proxy soliciting materials
27 Mar 20
DEF 14A
Definitive proxy
27 Mar 20
DEFA14A
Additional proxy soliciting materials
29 Mar 19
DEF 14A
Definitive proxy
29 Mar 19
DEFA14A
Additional proxy soliciting materials
5 Jul 18
DEFA14A
Additional proxy soliciting materials
5 Jul 18
DEFM14A
Proxy related to merger
13 Jun 18
DEFA14A
Additional proxy soliciting materials
9 May 18
Other
EFFECT
Notice of effectiveness
22 Jul 19
CORRESP
Correspondence with SEC
16 Jul 19
UPLOAD
Letter from SEC
16 Jul 19
EFFECT
Notice of effectiveness
20 Jun 19
CORRESP
Correspondence with SEC
17 Jun 19
UPLOAD
Letter from SEC
14 Jun 19
CT ORDER
Confidential treatment order
14 Jun 18
CT ORDER
Confidential treatment order
16 Dec 16
CT ORDER
Confidential treatment order
19 Aug 16
CT ORDER
Confidential treatment order
24 Jun 16
Ownership
4
StarTek / Albert Aboody ownership change
6 Jan 21
4
StarTek / Sanjay Chakrabarty ownership change
6 Jan 21
4
StarTek / Bharat Rao ownership change
6 Jan 21
4
StarTek / Jerry Schafer ownership change
6 Jan 21
4
StarTek / Julie Schoenfeld ownership change
6 Jan 21
4
StarTek / Mukesh Sharda ownership change
6 Jan 21
4/A
Change in insider ownership (amended)
11 Dec 20
4
StarTek / Mukesh Sharda ownership change
21 Nov 20
4
StarTek / Bharat Rao ownership change
21 Nov 20
4
Change in insider ownership
21 Nov 20