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COMPANY BENCHMARKING • UNITED STATES

Acuren Inspection Inc. - Company Profile

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Acuren Inspection Inc. - Overview

Brands
DXV, GROHE, INAX, TOSTEM
Description
Acuren Inspection is a private company with an estimated 4,100 employees. In the US, the company has a notable market share in at least one industry: Credit Counselors, Surveyors & Appraisers, where they account for an estimated 0.4% of total industry revenue and are considered an Incumbent because they display strong market share, but lower profit and revenue growth than some of their peers.
Company Details

Registered Name: Acuren Inspection Inc.

Company Type: Other

Employees: 4100

Acuren Inspection Inc. - Operating Industries and Main Competitors

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Acuren Inspection Inc. - Products and Services

error_outline To view Acuren Inspection Inc.'s full products and services, see purchase options.

Acuren Inspection Inc. - Analyst Insights

The global health crisis’ effect on demand for company services

The COVID-19 (coronavirus) pandemic had an overall negative affect on demand for nondestructive testing, inspection, engineering and rope access services as large swaths of the global economy shuttered to accommodate socioeconomic impositions. Acuren is expected to have encountered negative sales growth at the peak of the coronavirus pandemic as industrial customers slowed production to better align with downstream demand and reduced discretionary spending on products and services such as those provided by Acuren.

COVID|ESG|M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Acuren Inspection Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Acuren Inspection Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Credit Counselors, Surveyors & Appraisers in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Acuren Inspection Inc. - Financial Statements & Ratios

pie_chartAcuren Inspection Inc. Income Statement

BALANCE DATE12/31/2022
Revenue754.0
Cost of Revenue0000
Cost of Revenue, Non-Cash0000
Gross Profit0000
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pie_chartAcuren Inspection Inc. Balance Sheet

BALANCE DATE12/31/2022
Cash and EquivalentsN/A
Short-Term Investments0000
Derivative Assets, Current0000
Restricted Cash and Investments0000
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pie_chartAcuren Inspection Inc. Cash Flow

BALANCE DATE12/31/2022
Net IncomeN/A
Income (Loss) From Discontinued Operations0000
Depreciation, Depletion and Amortization0000
Amortization of Financing Costs and Discounts0000
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