Information Services Group Inc.

Listed Company

IIICIK 0001371489NasdaqAcceleratedSmaller ReportingServices-Management Consulting ServicesDelawareGBFY ends Dec 31

Period

FY 2025

Revenue

$244.72M

Net Income

$9.34M

Total Assets

$211.00M

Equity

$94.68M

Shares Out

47.67M

Op. Cash Flow

$29.01M

Business

Information Services Group, Inc. is a global AI-centered technology research and advisory firm providing data-driven consulting to help organizations optimize technology investments and digital transformation. It offers sourcing advisory, cloud and data analytics, governance and risk services, network and software advisory, change management, market intelligence, and software platforms such as GovernX and Tango. The company operates two global client solution areas, ISG Digital and ISG Enterprise, supported by ISG Research. ISG serves private and public clients across Americas, Europe and Asia Pacific through advisory engagements and multi‑year managed contracts.

Summary from filing dated 2025-03-13

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues	245	248	291	286	278
Direct costs and expenses for advisors	139	150	179	170	168
Selling, general and administrative	83	86	91	82	79
Depreciation and amortization	5	6	6	5	5
Operating income	18	6	15	29	25
Interest income	151,000	782,000	497,000	189,000	142,000
Interest expense	−4	−6	−6	—	—
Gain on the sale of business	720,000	5	—	—	—
Foreign currency transaction loss	−64,000	−7,000	−158,000	170,000	44,000
Income before taxes	15	5	9	27	23
Income tax provision	5	2	3	7	8
Net income	9	3	6	20	16
Basic (shares)	48	49	49	48	49
Diluted (shares)	50	50	50	50	52
Basic (per share)	0.19	0.06	0.13	0.41	0.32
Diluted (per share)	0.19	0.06	0.12	0.39	0.3
Foreign currency translation gain, net of tax expense (benefit) of $515, and $(331) respectively	2	−1	688,000	−3	−2
Comprehensive income	11	2	7	17	13

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	29	23	23	31	48
Accounts receivable and contract assets, net of allowance of $2,359 and $5,047, respectively	59	59	82	80	64
Prepaid expenses and other current assets	6	9	8	5	4
Total current assets	94	91	113	115	116
Restricted cash	93,000	83,000	173,000	83,000	88,000
Furniture, fixtures and equipment, net	7	6	6	6	5
Right-of-use lease assets	11	5	7	7	5
Goodwill	89	87	97	95	91
Intangible assets, net	3	4	13	14	12
Deferred tax assets	5	7	5	3	2
Other assets	2	4	6	3	5
Total assets	211	205	247	243	237
Accounts payable	10	9	11	16	16
Contract liabilities	10	10	10	7	7
Accrued expenses and other current liabilities	20	19	25	24	29
Total current liabilities	40	38	46	51	57
Long-term debt, net of current maturities	59	59	79	74	69
Deferred tax liabilities	2	2	2	2	3
Operating lease liabilities	9	3	5	5	3
Other liabilities	6	5	12	10	6
Total liabilities	116	108	145	143	138
Commitments and contingencies (Note 14)	—	—	—	—	—
Preferred stock, $0.001 par value; 10,000 shares authorized; none issued	—	—	—	—	—
Common stock, $0.001 par value; 100,000 shares authorized; 49,707 shares issued and 47,774 outstanding at December 31, 2025 and 49,658 shares issued and 48,542 outstanding at December 31, 2024	50,000	50,000	49,000	49,000	49,000
Additional paid-in capital	203	210	218	226	238
Treasury stock (1,933 and 1,116 common shares, respectively, at cost)	−9	−4	−4	−7	−4
Accumulated other comprehensive loss	−8	−10	−9	−10	−7
Accumulated deficit	−91	−100	−103	−109	−128
Total stockholders' equity	95	96	102	100	98
Total liabilities and stockholders' equity	211	205	247	243	237

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net income	9	3	6	20	16
Depreciation expense	3	3	3	3	3
Amortization of intangible assets	1	3	3	2	3
Deferred tax expense (benefit) from stock issuances	73,000	401,000	−241,000	−1	−2
Amortization of deferred financing costs	200,000	200,000	200,000	300,000	400,000
Stock-based compensation	8	8	9	7	6
Change in fair value of contingent consideration	−811,000	−2	104,000	1	101,000
Provisions for credit losses	921,000	1	5	320,000	−138,000
Deferred tax (benefit) provision	1	−2	−2	757,000	2
Accounts receivable and contract assets	−2	7	−7	−14	3
Prepaid expenses and other assets	196,000	5	−6	−948,000	−243,000
Accounts payable	629,000	−2	−5	−699,000	5
Contract liabilities	−270,000	713,000	1	−76,000	2
Accrued expenses and other liabilities	8	−1	4	−7	6
Net cash provided by operating activities	29	20	12	11	42
Acquisition of Martino & Partners, net of cash acquired (Note 4)	−2	—	—	—	—
Divestiture, net of cash disposed (Note 5)	—	22	—	—	—
Purchase of furniture, fixtures and equipment	−4	−3	−3	−3	−2
Net working capital settlement from divestiture (Note 2)	720,000	—	—	—	—
Net cash (used in) provided by investing activities	−5	19	−4	−7	−2
Proceeds from revolving facility (Note 13)	15	28	84	9	—
Repayment of outstanding debt (Note 13)	−15	−48	−84	—	—
Additional proceeds from the sale of the Automation business (Note 2)	2	2	—	—	—
Proceeds from issuance of employee stock purchase plan shares	644,000	794,000	930,000	944,000	610,000
Payments related to tax withholding for stock-based compensation	−3	−2	−3	−4	−7
Payment of contingent consideration	−550,000	−2	−1	−1	−3
Cash dividends paid to shareholders	−9	−9	−9	−7	−4
Treasury shares repurchased	−9	−6	−3	−12	−16
Net cash used in financing activities	−20	−38	−16	−19	−34
Effect of exchange rate changes on cash	1	−602,000	498,000	−2	−2
Net increase in cash, cash equivalents, and restricted cash	6	349,000	−8	−17	4
Interest	4	6	5	2	2
Taxes, net of refunds	1	2	8	13	4
Right-of-use assets obtained in exchange for lease liabilities (Note 9)	7	319,000	—	—	—
Issuance of treasury stock for vested restricted stock units	6	7	8	11	12

Filings

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