Patrice Launay - ShiftPixy Chief Officer

PIXYDelisted Stock  USD 6.53  1.06  13.97%   

Executive

Mr. Patrice H. Launay is Chief Financial Officer of the company. On November 7, 2017, Mr. Launay became employed by the Company to assist with the development of financial projections. Prior to his service with the Company, from January 2017 to November 2017, Mr. Launay served as a financial consultant with Vaco and Beacon Resources where he was assigned to various consulting engagements in the nature of providing year and monthend close assistance, designing and implementing effective internal controls as well as drafting accounting procedures, including principally an engagement as accounting manager for RxSight, Inc. From October 2014 to December 2016, Mr. Launay served as an audit manager for BDO Australia, at its office in Sydney. From October 2011 to September 2014, he served as an audit senior with BDO USA LLP at its Orange County office in Costa Mesa, California, where he led audit teams to complete yearend audits and quarterly reviews from planning to the issuance of reports for nonlisted and listed companies under US GAAP. From September 2009 to September 2011, he served as the audit manager for the City Auditors Office of the City of Long Beach, California. From January 2007 to September 2009, Mr. Launay served as the financial controller for Groupe Roullier, a food and chemical nutrient production and processing company in Dinard, France. From January 2000 to December 2006, Mr. Launay served as a senior auditor, for PricewaterhouseCoopers in France and at the Los Angeles office, where he performed yearend audits for public and nonpublic companies as well as not for profit organizations. Mr. Launay earned a masters degree in Finance and Accounting from the Business School of Tours in France, and completed coursework in accounting and finance in Rutgers Universitys MBA program as part of his ESCEM graduate studies. Mr since 2018.
Age 48
Tenure 6 years
Phone888 798 9100
Webhttps://shiftpixy.com

Patrice Launay Latest Insider Activity

Tracking and analyzing the buying and selling activities of Patrice Launay against ShiftPixy stock is an integral part of due diligence when investing in ShiftPixy. Patrice Launay insider activity provides valuable insight into whether ShiftPixy is net buyers or sellers over its current business cycle. Note, ShiftPixy insiders must abide by specific rules, including filing SEC forms every time they buy or sell ShiftPixy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

ShiftPixy Management Efficiency

The company has return on total asset (ROA) of (2.5) % which means that it has lost $2.5 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (9.2067) %, meaning that it created substantial loss on money invested by shareholders. ShiftPixy's management efficiency ratios could be used to measure how well ShiftPixy manages its routine affairs as well as how well it operates its assets and liabilities.
ShiftPixy currently holds 2.79 M in liabilities with Debt to Equity (D/E) ratio of 7.95, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ShiftPixy has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ShiftPixy's use of debt, we should always consider it together with its cash and equity.

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ShiftPixy, Inc., together with its subsidiaries, provides staffing solutions in the United States. The company was incorporated in 2015 and is headquartered in Miami, Florida. Shiftpixy operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. It employs 77 people. ShiftPixy (PIXY) is traded on NASDAQ Exchange in USA and employs 32 people.

Management Performance

ShiftPixy Leadership Team

Elected by the shareholders, the ShiftPixy's board of directors comprises two types of representatives: ShiftPixy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ShiftPixy. The board's role is to monitor ShiftPixy's management team and ensure that shareholders' interests are well served. ShiftPixy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ShiftPixy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eduardo Dominguez, Chief Staffing
John Bissell, Chief Labs
Manuel Rivera, Treasurer CFO
Doug Moss, Chief Officer
Patrice Launay, Chief Officer
Douglas CPA, CFO Treasurer
Rodney Diekema, Chief Markets
Jonathan Feldman, Chief Officer
Scott Absher, Chairman of the Board and Presidentident, CEO, Co-Founder
Amanda Murphy, Executive Director
Amy Wang, Chief Officer
Timothy Papp, General Counsel

ShiftPixy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ShiftPixy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Other Consideration for investing in ShiftPixy Stock

If you are still planning to invest in ShiftPixy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ShiftPixy's history and understand the potential risks before investing.
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