v3.25.2
SEGMENT AND GEOGRAPHIC DATA - Segment Information (Details)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
SEGMENT
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
SEGMENT
Dec. 31, 2023
USD ($)
Segment Reporting Information [Line Items]        
Number of reportable segments | SEGMENT 3   3  
Revenue, from external customers $ 31,866 $ 33,891 $ 140,056 $ 161,338
Inter-segment revenue
Total revenue 31,866 33,891 140,056 [1] 161,338 [1]
Adjusted net revenue, from external customers 16,398 16,330 70,152 [2] 80,267 [2]
Inter-segment adjusted net revenue 0 0 0 [2] 0
Total adjusted net revenue 16,398 16,330 70,152 80,267
Salaries and related (14,345) (15,166) (58,309) (62,859)
EBITDA (loss) (1,512) (2,682) (2,469) [3] 3,663 [3]
Depreciation and amortization (283) (397) (1,361) (1,467)
Interest income, net 71 93 360 372
Intercompany dividend/interest (expense) income, net 0 0 0 0
Provision for income taxes (32) 88 (1,300) (370)
Net (loss) income (1,756) (2,898) (4,770) 2,198
Accounts receivable, net 21,281   20,093 19,710
Long-lived assets, net of accumulated depreciation and amortization 8,186   8,436 [4],[5] 9,798 [4],[5]
Total assets 53,185   52,583 60,958
Inter-Segment Elimination        
Segment Reporting Information [Line Items]        
Revenue, from external customers 0 0 0 0
Inter-segment revenue (91) (55) (255) (299)
Total revenue (91) (55) (255) (299)
Adjusted net revenue, from external customers 0 0 0 [2] 0 [2]
Inter-segment adjusted net revenue 0 0 1 (34)
Total adjusted net revenue 0 0 1 (34)
Salaries and related 0 0 0 0
EBITDA (loss) 0 0 0 [3] 0
Depreciation and amortization 0 0 0 [3] 0
Interest income, net 0 0 0 0
Intercompany dividend/interest (expense) income, net 0 0 0 0
Provision for income taxes 0 0 0 0
Net (loss) income 0 0 0 0
Accounts receivable, net 0   0 0
Long-lived assets, net of accumulated depreciation and amortization 0   0 [5] 0 [5]
Total assets 0   0 0
Hudson Americas | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue, from external customers 6,852 5,994 27,894 31,254
Inter-segment revenue 90 55 210 326
Total revenue 6,942 6,049 28,104 31,580
Adjusted net revenue, from external customers 5,980 5,805 25,144 [2] 30,141 [2]
Inter-segment adjusted net revenue 89 55 206 326
Total adjusted net revenue 6,069 5,860 25,350 30,467
Salaries and related (4,818) (5,354) (19,603) (25,224)
EBITDA (loss) (141) (864) 339 [3] (704) [3]
Depreciation and amortization (241) (349) (1,163) (1,282)
Interest income, net 0 0 0 0
Intercompany dividend/interest (expense) income, net 0 0 0 0
Provision for income taxes (20) (15) (126) 83
Net (loss) income (402) (1,228) (950) (1,903)
Accounts receivable, net 5,643   4,740 5,502
Long-lived assets, net of accumulated depreciation and amortization 6,409   6,640 [5] 7,773 [5]
Total assets 14,571   14,455 17,632
Hudson Asia Pacific | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue, from external customers 19,127 21,509 86,704 103,857
Inter-segment revenue 1 4
Total revenue 19,128 21,509 86,708 103,857
Adjusted net revenue, from external customers 7,211 6,546 29,416 [2] 33,675 [2]
Inter-segment adjusted net revenue (88) (47) (226) (208)
Total adjusted net revenue 7,123 6,499 29,190 33,467
Salaries and related (5,718) (5,989) (23,773) (23,467)
EBITDA (loss) 283 (601) 482 [3] 5,859 [3]
Depreciation and amortization (35) (38) (161) (146)
Interest income, net 2 3 9 2
Intercompany dividend/interest (expense) income, net (123) (132) (529) (505)
Provision for income taxes (86) 217 (364) (1,524)
Net (loss) income 41 (551) (563) 3,686
Accounts receivable, net 10,801   9,254 9,280
Long-lived assets, net of accumulated depreciation and amortization 1,731   1,744 [5] 1,954 [5]
Total assets 22,185   21,425 23,604
Hudson Europe | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue, from external customers 5,887 6,388 25,458 26,227
Inter-segment revenue 41 (27)
Total revenue 5,887 6,388 25,499 26,200
Adjusted net revenue, from external customers 3,207 3,979 15,592 [2] 16,451 [2]
Inter-segment adjusted net revenue (1) (8) 19 (84)
Total adjusted net revenue 3,206 3,971 15,611 16,367
Salaries and related (3,358) (3,355) (13,567) (12,848)
EBITDA (loss) (638) 268 298 [3] 1,582 [3]
Depreciation and amortization (4) (7) (26) (29)
Interest income, net 0 0 0 (1)
Intercompany dividend/interest (expense) income, net 0 0 0 0
Provision for income taxes 30 (86) (752) 724
Net (loss) income (612) 175 (480) 2,276
Accounts receivable, net 4,837   6,099 4,928
Long-lived assets, net of accumulated depreciation and amortization 21   26 [5] 33 [5]
Total assets 9,350   9,393 11,064
Corporate Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Revenue, from external customers 0 0 0 0
Inter-segment revenue
Total revenue 0 0 0 0
Adjusted net revenue, from external customers 0 0 0 [2] 0 [2]
Inter-segment adjusted net revenue 0 0 0 0
Total adjusted net revenue 0 0 0 0
Salaries and related (451) (468) (1,366) (1,320)
EBITDA (loss) (1,016) (1,485) (3,588) [3] (3,074) [3]
Depreciation and amortization (3) (3) (11) (10)
Interest income, net 69 90 351 371
Intercompany dividend/interest (expense) income, net 123 132 529 505
Provision for income taxes 44 (28) (58) 347
Net (loss) income (783) $ (1,294) (2,777) (1,861)
Accounts receivable, net 0   0 0
Long-lived assets, net of accumulated depreciation and amortization 25   26 [5] 38 [5]
Total assets $ 7,079   $ 7,310 $ 8,658
[1] Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.
[2] Adjusted net revenue are net of the Direct contracting costs and reimbursed expenses caption on the Consolidated Statements of Operations. Direct contracting costs and reimbursed expenses include the direct staffing costs of salaries, payroll taxes, employee benefits, travel expenses, and insurance costs for the Company’s contractors and reimbursed out-of-pocket expenses and other direct costs. The region where services are provided, the mix of RPO and contracting, and the functional nature of the staffing services provided can affect operating income and EBITDA. The salaries, commissions, payroll taxes, and employee benefits related to recruitment professionals are included under the caption “Salaries and related” in the Consolidated Statements of Operations.
[3] SEC Regulation S-K 229.10(e)1(ii)(A) defines EBITDA as earnings before interest, taxes, depreciation and amortization. EBITDA is presented to provide additional information to investors about the Company’s operations on a basis consistent with the measures that the Company uses to manage its operations and evaluate its performance. Management also uses this measurement to evaluate working capital requirements. EBITDA should not be considered in isolation or as a substitute for operating income and net income prepared in accordance with U.S. GAAP or as a measure of the Company’s profitability.
[4] Comprised of property and equipment, intangible and goodwill, net of accumulated depreciation and amortization.
[5] Comprised of property and equipment, intangible assets and goodwill, net of accumulated depreciation and amortization.