Information Services Group Inc. Files 2023 Annual Report on Form 10-K

TL;DR

<b>Information Services Group Inc. has filed its 2023 10-K annual report, detailing financial performance and key balance sheet items.</b>

AI Summary

Information Services Group Inc. (III) filed a Annual Report (10-K) with the SEC on March 8, 2024. Information Services Group Inc. filed its 10-K report for the fiscal year ending December 31, 2023. The filing includes financial data for the years ending December 31, 2023, 2022, 2021, and 2020. Key financial statement items such as Retained Earnings, Additional Paid-In Capital, and Accumulated Other Comprehensive Income are detailed for multiple periods. The company's business address is 2187 Atlantic Street, Stamford, CT 06902. The filing references various accounting standards and valuation techniques, including Discounted Cash Flow.

Why It Matters

For investors and stakeholders tracking Information Services Group Inc., this filing contains several important signals. This 10-K filing provides a comprehensive overview of Information Services Group Inc.'s financial health and operational status for the fiscal year 2023, crucial for investors assessing the company's performance and future prospects. The detailed financial data, including historical figures and balance sheet components, allows stakeholders to analyze trends, evaluate risk, and make informed investment decisions regarding Information Services Group Inc.

Risk Assessment

Risk Level: low — Information Services Group Inc. shows low risk based on this filing. The filing is a standard annual report (10-K) and does not contain immediate, significant negative news or disclosures that would elevate the risk level.

Analyst Insight

Review the detailed financial statements and footnotes within the 10-K filing to understand Information Services Group Inc.'s financial performance, debt levels, and any disclosed risks or opportunities.

Key Numbers

• 2023-12-31 — Fiscal Year End (The report covers the fiscal year ending on this date.)
• 2024-03-08 — Filing Date (The date the 10-K was filed with the SEC.)
• 001-33287 — SEC File Number (The SEC file number assigned to Information Services Group Inc.)
• 8742 — SIC Code (Standard Industrial Classification code for Management Consulting Services.)

Key Players & Entities

• Information Services Group Inc. (company) — Filer of the 10-K report.
• 2023-12-31 (date) — Fiscal year end date for the reported period.
• 2024-03-08 (date) — Filing date of the 10-K report.
• Stamford, CT (location) — Location of the company's business and mailing address.
• 203-517-3100 (phone_number) — Business phone number for Information Services Group Inc.

FAQ

Industry Context

Information Services Group Inc. operates within the Services-Management Consulting Services industry, as indicated by its SIC code 8742.

Regulatory Implications

The filing is a standard Form 10-K, adhering to the regulations of the Securities and Exchange Commission (SEC) for public companies.

What Investors Should Do

1. Analyze the consolidated balance sheets for the years ended December 31, 2023 and 2022.
2. Review the statements of operations for the years ended December 31, 2023, 2022, and 2021.
3. Examine the cash flow statements for the years ended December 31, 2023, 2022, and 2021.

Year-Over-Year Comparison

This is the 2023 annual report (10-K) filing, providing updated financial information compared to previous filings.

Key Financial Figures

• $0.001 — ch registered Shares of Common Stock, $0.001 par value III The Nasdaq Stock Mark

Filing Documents

• iii-20231231x10k.htm (10-K) — 2610KB
• iii-20231231xex21d1.htm (EX-21.1) — 38KB
• iii-20231231xex23d1.htm (EX-23.1) — 2KB
• iii-20231231xex24d1.htm (EX-24.1) — 20KB
• iii-20231231xex31d1.htm (EX-31.1) — 14KB
• iii-20231231xex31d2.htm (EX-31.2) — 14KB
• iii-20231231xex32d1.htm (EX-32.1) — 6KB
• iii-20231231xex32d2.htm (EX-32.2) — 6KB
• iii-20231231xex97d1.htm (EX-97.1) — 51KB
• iii-20231231x10k002.jpg (GRAPHIC) — 78KB
• 0001558370-24-002831.txt (&nbsp;) — 11708KB
• iii-20231231.xsd (EX-101.SCH) — 60KB
• iii-20231231_cal.xml (EX-101.CAL) — 104KB
• iii-20231231_def.xml (EX-101.DEF) — 238KB
• iii-20231231_lab.xml (EX-101.LAB) — 617KB
• iii-20231231_pre.xml (EX-101.PRE) — 446KB
• iii-20231231x10k_htm.xml (XML) — 2389KB

Business

Business 5 Item 1A .

Risk Factors

Risk Factors 12 Item 1B . Unresolved Staff Comments 20 Item 1C. Cybersecurity 21 Item 2 .

Properties

Properties 22 Item 3 .

Legal Proceedings

Legal Proceedings 22 Item 4 . Mine Safety Disclosures 22 PART II Item 5 . Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 23 Item 6. [Reserved] 24 Item 7 .

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 25 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 33 Item 8 .

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data . 34 Item 9 . Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 34 Item 9A .

Controls and Procedures

Controls and Procedures 34 Item 9B . Other Information 35 Item 9C . Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 35 PART III Item 10 . Directors, Executive Officers and Corporate Governance 35 Item 11 .

Executive Compensation

Executive Compensation 35 Item 12 .

Security Ownership and Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership and Certain Beneficial Owners and Management and Related Stockholder Matters 35 Item 13. Certain Relationships and Related Transactions and Director Independence 36 Item 14 . Principal Accountant Fees and Services 36 PART IV Item 15 . Exhibits and Financial Statement Schedules 36 Item 16. Form 10-K Summary 37 SIGNATURES PAGE 2 Table of Contents SAFE HARBOR STATEMENT Information Services Group, Inc. (the "Company" or "ISG") believes that some of the information in this Annual Report on Form 10-K constitutes forward-looking statements. You can identify these statements by forward-looking words such as "may," "expect," "anticipate," "contemplate," "believe," "estimate," "intends" and "continue" or similar words, but this is not an exclusive way of identifying such statements. You should read statements that contain these words carefully because they: discuss future expectations; contain projections of future results of operations or financial condition; or These forward-looking statements include, but are not limited to, statements relating to ISG's: ability to retain existing clients and contracts; ability to integrate recent acquisitions; ability to navigate challenges from pandemics; ability to win new clients and engagements; ability to implement cost reductions and productivity improvements; beliefs about future trends in the sourcing industry; expected spending on sourcing services by clients; growth of its markets; foreign currency exchange rates; effective tax rate; and competition in the sourcing industry. ISG believes it is important to communicate its expectations to its stockholders. However, there may be events in the future that ISG is not able to predict accurately or over which it has no control. The risk factors and cautionary language discussed in this Annual Report provide examples of risks, uncertainties and events that may cause actual re

Business

Item 1. Business As used herein, unless the context otherwise requires, ISG, the registrant, is referred to in this Annual Report on Form 10-K for the fiscal year ended December 31,2023 ("Form 10-K") as the "Company," "we," "us" and "our." Our Company Information Services Group, Inc. (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the top 100 enterprises in our markets, ISG is committed to helping corporations, public sector organizations and service and technology providers achieve operational excellence and faster growth. The Company specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. Based in Stamford, Connecticut, ISG employs over 1,500 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry's most comprehensive marketplace data. For more information, visit www.isg-one.com. The content on our website is available for informational purposes only. It should not be relied upon for investment purposes, nor is it incorporated by reference into this Form 10-K or any other filings. Our Company was founded in 2006 with the strategic vision to become a high-growth, leading provider of information-based advisory services. We continue to believe that our vision will be realized through the acquisition, integration and successful operation of market-leading brands within the data, analytics and advisory industry. Our private and public sector clients continue to face significant technological, business and economic challenges that will

View Full Filing

View this 10-K filing on SEC EDGAR