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Morningstar’s Analysis

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PREMIUM

5-Star Price

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Economic Moat

PREMIUM

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Company Profile

Business Description

NIC Inc is a leading provider of digital government services that help governments use technology to provide a higher level of service to businesses and citizens and increase efficiencies. The company has two operating channels: state enterprise businesses and software and services businesses. In State enterprise businesses, the company enters into long-term contracts with state and local governments to design, build and operate Internet-based, enterprise-wide portals on their behalf, the software and services businesses provide software development and payment processing services, other than outsourced portal services, to state and local governments as well as federal agencies. It generates a majority of its revenue from the State Enterprise.

Contact
25501 West Valley Parkway, Suite 300
Olathe, KS, 66061
T +1 877 234-3468
Sector Technology
Industry Software - Application
Most Recent Earnings Dec 31, 2020
Fiscal Year End Dec 31, 2020
Stock Type Slow Growth
Employees 1,025