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Private company

ShiftPixy, Inc.

American employment agencies services company based in Miami2

In its 2023 annual report the company says: “We are a human capital management platform. We provide payroll and related employment tax processing, human resources and employment compliance, employment related insurance, and employment administrative services solutions for our business clients and shift work or “gig” opportunities for worksite employees. Our primary operating business metric is gross billings, consisting of our clients’ fully burdened payroll costs, which includes, in addition to payroll, workers’ compensation insurance premiums, employer taxes, and benefits costs.”6

Last updated Oct 21, 2026.

Overview

$17.1MRevenue, fiscal 20233
-$33.1MNet income, fiscal 20233
  • IndustryServices-Employment Agencies2
  • HeadquartersIrvine, United States2
  • Incorporated inWY4
  • Business address4101 Nw 25Th St., Miami, Fl 331424
  • Filer category, Emerging growth company4
  • Legal formCorporation2
  • LEI5299000XGQMB6TK04R722
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressc/o Wyoming Registered Agent, 1621 Central Ave, 82001 Cheyenne, United States2
  • Registered withBusiness Center (Wyoming Secretary of State), 2015-0006881142

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We were incorporated under the laws of the State of Wyoming on June 3, 2015. Our principal executive office is located at 4101 NW 25 th Street, Miami, FL 33142, and our telephone number is (888) 798-9100. Our website address is www.shiftpixy.com. Our website does not form a part of this Form 10-K and listing of our website address is for informational purposes only.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

5.1%Gross margin3
-198.2%Operating margin3
-193.2%Net margin3
-52.4%Revenue growth, 20233
-$9.6MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Research and development2¢$300.0K
  • Other costs98¢$16.8M
  • Income tax0¢$13.0K

Out of $17.1M in revenue.3 The company lost money this year.

Financial statements

Revenue7891011123$17.1M in 2023+102% since 2016
0$10.0M$20.0M$30.0M$40.0M2016: $8.5M$8.5M20162017: $20.2M$20.2M2017+139%2018: $35.0M$35.0M2018+73%2019: $10.5M$10.5M2019−70%2020: $8.6M$8.6M2020−17%2021: $23.4M$23.4M2021+171%2022: $36.0M$36.0M2022+54%2023: $17.1M$17.1M2023−52%
Gross profit7891011123$878.0K in 2023−42% since 2016
0$2.0M$4.0M$6.0M2016: $1.5M$1.5M20162017: $3.7M$3.7M2017+143%2018: $5.5M$5.5M2018+49%2019: $1.9M$1.9M2019−65%2020: $957.0K$957.0K2020−50%2021: $322.0K$322.0K2021−66%2022: $1.8M$1.8M2022+451%2023: $878.0K$878.0K2023−51%
Operating income891011123-$34.0M in 2023+353% since 2017
-$60.0M-$40.0M-$20.0M02017: -$7.5M-$7.5M20172018: -$11.6M-$11.6M2018+54%2019: -$15.6M-$15.6M2019+34%2020: -$21.6M-$21.6M2020+39%2021: -$27.3M-$27.3M2021+27%2022: -$43.2M-$43.2M2022+58%2023: -$34.0M-$34.0M2023−21%
Net income7891011123-$33.1M in 2023+1684% since 2016
-$80.0M-$60.0M-$40.0M-$20.0M02016: -$1.9M-$1.9M20162017: -$7.5M-$7.5M2017+304%2018: -$16.8M-$16.8M2018+125%2019: -$18.1M-$18.1M2019+7%2020: -$75.3M-$75.3M2020+317%2021: -$29.9M-$29.9M2021−60%2022: -$44.0M-$44.0M2022+47%2023: -$33.1M-$33.1M2023−25%
Fiscal year20162017201820192020202120222023
Revenue$8.5M7$20.2M8$35.0M9$10.5M10$8.6M11$23.4M12$36.0M3$17.1M3
Cost of revenue$6.9M7$16.6M8$29.5M9$8.5M10$7.7M11$23.1M11
Gross profit$1.5M7$3.7M8$5.5M9$1.9M10$957.0K11$322.0K12$1.8M3$878.0K3
Research and development$316.7K7$2.7M7$3.8M9$1.2M9$6.8M12$2.5M3$300.0K3
Operating expenses$45.0M3$34.8M3
Operating income-$7.5M8-$11.6M9-$15.6M10-$21.6M11-$27.3M12-$43.2M3-$34.0M3
Interest-$1.8M9$8.5M10$2.5M11$5.0K12$1.0K12
Income before tax-$43.4M12
Income tax$42.0K12-$38.0K3$13.0K3
Net income-$1.9M7-$7.5M8-$16.8M9-$18.1M10-$75.3M11-$29.9M12-$44.0M3-$33.1M3
Earnings per share-$4.1311-$88.6712-$149.7512
Earnings per share (diluted)-$4.1311-$88.6712-$149.7512
Shares (weighted, basic)402.6K shares12
Shares (weighted, diluted)402.6K shares12

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Corporate structure

ShiftPixy, Inc. sits at the top of its group. 29 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of ShiftPixy, Inc.

  • ShiftPixy, Inc. Irvine, California, United States
    • Agile Human Capital, Inc. Subsidiary · Delaware, United States
    • Bento Best, Inc. Subsidiary · Wyoming, United States
    • Bunny Grub, Inc. Subsidiary · Wyoming, United States
    • Burley Burrito, Inc. Subsidiary · Wyoming, United States
    • CantinaGogo, Inc. Subsidiary · Wyoming, United States
    • Cluck ‘n Lucky, Inc. Subsidiary · Wyoming, United States
    • Dude Rudy, Inc. Subsidiary · Wyoming, United States
    • Firemark Global Capital, Inc. Subsidiary · Delaware, United States
    • Grazer Burger, Inc. Subsidiary · Wyoming, United States
    • Lionfish Grill, Inc. Subsidiary · Wyoming, United States
    • Nacho Nukes, Inc. Subsidiary · Wyoming, United States
    • Oink Aviation, Inc. Subsidiary · Wyoming, United States
    • Piezanno, Inc. Subsidiary · Wyoming, United States
    • Poke-a-GoGo, Inc. Subsidiary · Wyoming, United States
    • ReThink Administrative Services, Inc. Subsidiary · Wyoming, United States
    • ReThink Human Capital Management, Inc. Subsidiary · Wyoming, United States
    • Senor Oinks, Inc. Subsidiary · Wyoming, United States
    • ShiftPixy Canada, Inc. Subsidiary · Ontario, Canada
    • ShiftPixy Contracting Subsidiary · Wyoming, United States
    • ShiftPixy Corporate Services, Inc. Subsidiary · Wyoming, United States
    • ShiftPixy Investments, Inc. Subsidiary · Wyoming, United States
    • ShiftPixy Labs, Inc. Subsidiary · Wyoming, United States
    • ShiftPixy Productions, Inc. Subsidiary · Wyoming, United States
    • ShiftPixy Staffing, Inc. Subsidiary · Wyoming, United States
    • TechStackery, Inc. Subsidiary · Delaware, United States
    • and 3 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What ShiftPixy, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$4.0M12 Aug 31, 2022$3.5M12 Aug 31, 2021+14.0%
Accumulated depreciation$1.3M12 Aug 31, 2022$746.0K12 Aug 31, 2021+68.2%
Property and equipment, net$1.6M3 Aug 31, 2023$2.8M3 Aug 31, 2022−41.4%
Operating-lease assets (leased space)$866.0K3 Aug 31, 2023$4.1M3 Aug 31, 2022−78.8%

Investments

ItemLatestA year beforeChange
Marketable securities, current$117.0M12 Aug 31, 2022$012 Aug 31, 2021

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross$3.4M3 Aug 31, 2023$4.0M3 Aug 31, 2022−15.5%

Leadership

Who has led ShiftPixy, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Scott W. Absher2017–2024

President

  1. Scott W. Absher2016–2017

Chief financial officer

  1. Stephen Paul Desantis2017
  2. Carney J. Domonic2019–2021
  3. Manuel Rivera2022
  4. Douglas Beck2023
  5. Patrice Herve Marcel Louis Launay2024
20202025
Board members and other officers (9)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Agile Human Capital, Inc. Delaware5
  • Bento Best, Inc. Wyoming5
  • Bunny Grub, Inc. Wyoming5
  • Burley Burrito, Inc. Wyoming5
  • CantinaGogo, Inc. Wyoming5
  • Cluck ‘n Lucky, Inc. Wyoming5
  • Dude Rudy, Inc. Wyoming5
  • Firemark Global Capital, Inc. Delaware5
  • Grazer Burger, Inc. Wyoming5
  • Lionfish Grill, Inc. Wyoming5
  • Nacho Nukes, Inc. Wyoming5
  • Oink Aviation, Inc. Wyoming5
  • Piezanno, Inc. Wyoming5
  • Poke-a-GoGo, Inc. Wyoming5
  • ReThink Administrative Services, Inc. Wyoming5
  • ReThink Human Capital Management, Inc. Wyoming5
  • Senor Oinks, Inc. Wyoming5
  • ShiftPixy Canada, Inc. Ontario, Canada5
  • ShiftPixy Contracting Wyoming5
  • ShiftPixy Corporate Services, Inc. Wyoming5
  • ShiftPixy Investments, Inc. Wyoming5
  • ShiftPixy Labs, Inc. Wyoming5
  • ShiftPixy Productions, Inc. Wyoming5
  • ShiftPixy Staffing, Inc. Wyoming5
All 28 listed subsidiaries
  • TechStackery, Inc. Delaware5
  • VegiMighty, Inc. Wyoming5
  • Vital Human Capital, Inc Delaware5
  • Wrap Blaster, Inc. Wyoming5

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Oct 31, 20248-K Other events32
  2. Oct 29, 20248-K Bankruptcy or receivership; Executive or director change33
  3. Oct 28, 20248-K Listing notice or transfer34
  4. Oct 22, 20248-K Executive or director change35
  5. Oct 18, 20248-K Other events36
  6. Oct 16, 20248-K Listing notice or transfer37
  7. Oct 10, 20248-K Shareholder vote38
  8. Sep 27, 20248-K Listing notice or transfer39
  9. Sep 20, 20248-K Bylaws or fiscal year changed; Other events40
  10. Sep 9, 20248-K Shareholder vote41
  11. Aug 29, 20248-K Listing notice or transfer42
  12. Aug 27, 20248-K Entered a material agreement; Regulation FD disclosure43
  13. Jun 28, 2017New chief executive Scott W. Absher becomes CEO17

Filings

236 filings to the SEC since October 2021: 7 annual reports, 11 quarterly reports, 69 major events, 19 insider forms, 12 large holders, 2 private raises, 116 other. The latest 20:

  1. Apr 30, 2025SCHEDULE 13G/A EDGAR
  2. Apr 9, 2025SCHEDULE 13G/A EDGAR
  3. Nov 29, 202415-12G EDGAR
  4. Nov 14, 2024SC 13G EDGAR
  5. Oct 31, 20248-K EDGAR
  6. Oct 29, 20248-K EDGAR
  7. Oct 28, 20248-K EDGAR
  8. Oct 22, 20248-K EDGAR
  9. Oct 18, 20248-K EDGAR
  10. Oct 16, 20248-K EDGAR
  11. Oct 10, 2024SC 13G EDGAR
  12. Oct 10, 20248-K EDGAR
  13. Oct 3, 2024SC 13G EDGAR
  14. Oct 2, 20244 EDGAR
  15. Sep 27, 20248-K EDGAR
  16. Sep 23, 2024DEF 14A EDGAR
  17. Sep 20, 20248-K EDGAR
  18. Sep 19, 2024DEF 14C EDGAR
  19. Sep 13, 2024PRE 14A EDGAR
  20. Sep 10, 20244 EDGAR

The 236 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 30, 2022Weaver Kenneth WeirDirectorSale51$18.75$956Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$2.5M 2023–2023
Money received by yearMoney received by year, 2023–2023: $2.5M in all. Private raises (Form D) $2.5M.$0$1M$2M$3M2023 · Private raises (Form D): $2.5M2023
Figures by year
YearPrivate raises (Form D)Total
2023$2.5M$2.5M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Oct 10, 2023Raised $2.5 million in a private offering of securities48 Form D: 1 investor so far Form D
  2. Sep 20, 2022Filed a private offering of equity49 Form D: $5 million offered in all Form D

SEC filer profile

How ShiftPixy, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARShiftPixy, Inc.1
  • CIK0001675634
  • Employer ID (EIN)47-42114381
  • Filer status<br>emerging growth company1
  • Incorporated inWyoming1
  • Fiscal year endsAugust 311
  • Industry code (SIC)7361 Services-Employment Agencies1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address4101 Nw 25Th St., Miami, FL 331421
  • Phone888-798-91001
  • Shares outstanding6,755,686 as of Jun 30, 202415
  • Public float$7.0M as of Feb 28, 20233
  • On EDGAR sinceMay 31, 20161
  • Filings445 in all: 8-K (110), CORRESP (52), UPLOAD (27), 4 (26), 10-Q (22), 3 (16), 424B3 (14), EFFECT (14)1
    All 46 form types

    SC 13G (12), DEF 14A (9), S-1/A (9), 8-K/A (8), D (8), S-3 (8), S-3/A (8), 10-K (7), 10-K/A (7), DEF 14C (7), PRE 14C (7), DEFA14A (6), NT 10-Q (6), S-1 (6), 1-A/A (5), 424B4 (5), NT 10-K (5), SC 13G/A (5), 10-Q/A (4), PRE 14A (4), 1-A POS (3), 253G2 (2), 3/A (2), 8-A12B (2), CERTNAS (2), DEFR14A (2), FWP (2), QUALIF (2), SCHEDULE 13G/A (2), 1-A (1), 15-12G (1), 25 (1), 424B5 (1), 8-A12G (1), PRER14C (1), RW (1), S-1MEF (1), S-8 (1)

  • Latest filingsAnnual report (10-K) Dec 14, 2023
    Quarterly report (10-Q) Jul 2, 2024
    Proxy statement (DEF 14A) Sep 23, 2024
    Latest 8-K (8-K) Oct 31, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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    SEC EDGAROther events
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