Private company

Startek, Inc.

American help supply services company based in Greenwood Village.

Last updated Oct 18, 2026.

Overview

IndustryServices-Help Supply Services
HeadquartersGreenwood Village, United States
Incorporated inDE²
Business address4610 South Ulster Street, Suite 150, Denver, Co 80237²
Filer categoryNon-accelerated filer, Smaller reporting company²

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Financials

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

Key numbers, fiscal 2022

15.0%Gross margin³

-0.2%Operating margin³

-0.6%Net margin³

-18.1%Revenue growth, 2022³

-1.2%Return on equity³

0.22×Debt to equity³

Where the money goes

Where each dollar of revenue went, fiscal 2022

Cost of revenueSelling, general and admin

Cost of revenue85¢$327.3M
Selling, general and admin13¢$48.7M
Other costs1¢$5.0M
Income tax1¢$4.1M

Out of $385.1M in revenue.³ The company lost money this year.

Where each dollar of operating cash went, fiscal 2022

Kept or used elsewhere

Share buybacks7¢$1.8M
Kept or used elsewhere93¢$23.0M

Out of $24.9M of cash from operations.³

Financial statements

Revenue⁴⁵⁶³$385.1M in 2022−28% since 2018

Gross profit⁷⁴⁵⁶³$57.8M in 2022+59% since 2016

Operating income⁷⁴⁵⁶³-$707.0K in 2022

Net income⁷⁴⁵⁶³-$2.3M in 2022

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Revenue			$535.4M⁴	$659.2M⁵	$641.8M⁶	$470.2M³	$385.1M³
Cost of revenue			$449.5M⁴	$547.0M⁵	$553.0M⁶	$405.5M³	$327.3M³
Gross profit	$36.4M⁷	$32.4M⁷	$85.9M⁴	$110.9M⁵	$87.2M⁶	$64.8M³	$57.8M³
Selling, general and admin	$33.2M⁷	$32.6M⁷	$74.4M⁴	$91.4M⁵	$59.7M⁶	$42.5M³	$48.7M³
Operating income	$2.9M⁷	-$742.0K⁷	-$5.8M⁴	$9.7M⁵	-$10.3M⁶	$15.9M³	-$707.0K³
Income tax	$718.0K⁷	-$436.0K⁷	$3.9M⁴	$4.8M⁵	$7.8M⁶	$6.9M³	$4.1M³
Net income	$395.0K⁷	-$1.3M⁷	-$27.5M⁴	-$15.0M⁵	-$39.0M⁶	$1.5M³	-$2.3M³
Earnings per share	$0.03⁷	-$0.08⁷		-$0.39⁵	-$0.99⁶	$0.04³	-$0.06³
Earnings per share (diluted)	$0.02⁷	-$0.08⁷		-$0.39⁵	-$0.99⁶	$0.04³	-$0.06³

Total assets⁷⁴⁵⁶³$626.0M in 2022+486% since 2016

Total liabilities⁷⁴⁵⁶³$374.5M in 2022+503% since 2016

Shareholders’ equity⁷⁴⁵⁶³$187.8M in 2022+320% since 2016

Cash⁷⁴⁵⁶³$22.5M in 2022+2061% since 2016

Long-term debt⁴⁵⁶³$41.2M in 2022−73% since 2018

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash	$1.0M⁷	$1.5M⁷	$16.6M⁴	$20.5M⁵	$44.5M⁶	$32.1M³	$22.5M³
Current assets	$65.0M⁷	$58.1M⁷	$193.4M⁴	$194.6M⁵	$198.4M⁶	$225.0M³	$355.7M³
Total assets	$106.8M⁷	$96.0M⁷	$604.6M⁴	$658.1M⁵	$604.7M⁶	$642.5M³	$626.0M³
Current liabilities	$54.4M⁷	$25.9M⁷	$145.4M⁴	$172.4M⁵	$154.2M⁶	$148.3M³	$288.5M³
Long-term debt			$152.1M⁴	$130.1M⁵	$118.3M⁶	$160.2M³	$41.2M³
Total liabilities	$62.1M⁷	$49.1M⁷	$328.3M⁴	$386.3M⁵	$357.8M⁶	$389.2M³	$374.5M³
Shareholders’ equity	$44.7M⁷	$46.9M⁷	$231.0M⁴	$225.0M⁵	$196.3M⁶	$195.3M³	$187.8M³
Shares outstanding	15.8M shares⁷	16.2M shares⁷	37.4M shares⁴	38.5M shares⁵	40.5M shares⁶	40.5M shares⁶	40.3M shares⁶

Cash from operations⁵⁶³$24.9M in 2022−11% since 2019

Capital spending⁷$7.2M in 2017+89% since 2016

Share buybacks⁶³$1.8M in 2022

Fiscal year	2016	2017	2019	2020	2021	2022
Cash from operations			$28.0M⁵	$66.1M⁶	$28.2M³	$24.9M³
Capital spending	$3.8M⁷	$7.2M⁷
Dividends paid			$0⁴
Share buybacks				$0⁶	$1.9M³	$1.8M³

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Leadership

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

Chief executive officerBharat Rao Feb 3, 2022 to Jan 5, 2024¹¹
Chief executive officerAparup Sengupta Jul 8, 2020 to Jun 8, 2021¹²
Chief executive officerLance Rosenzweig Jul 23, 2018 to Jul 16, 2019¹³
Chief executive officerChad A. Carlson Jul 6, 2011 to Mar 8, 2018¹⁴
Chief executive officerA. Laurence Jones Jan 9, 2007 to May 4, 2011¹⁵
ChairAparup Sengupta Jul 8, 2020 to Nov 12, 2020¹²
PresidentLance Rosenzweig Jul 23, 2018 to Jul 16, 2019¹³
PresidentChad A. Carlson Jul 6, 2011 to Mar 8, 2018¹⁴
PresidentA. Laurence Jones Jan 9, 2007 to May 4, 2011¹⁵
Chief financial officerNeeraj Jain Jun 13, 2023 to Jan 5, 2024¹⁶
Chief financial officerNishit Shah Feb 14, 2022 to Feb 14, 2022¹⁷
Chief financial officerVikash Sureka Oct 19, 2021 to Oct 19, 2021¹⁸
Chief financial officerRamesh Kamath Aug 14, 2018 to Aug 14, 2018¹⁹
Chief financial officerDonald Norsworthy Nov 18, 2015 to Mar 8, 2018²⁰
Chief financial officerLisa A. Weaver Nov 2, 2011 to Jun 1, 2015²¹
Chief financial officerDavid G. Durham Sep 11, 2007 to Aug 3, 2011²²
Chief financial officerRodd Erik Granger Jun 14, 2006 to Jun 14, 2006²³
Chief operating officerPeter F. Martino Feb 15, 2019 to Mar 19, 2019²⁴
Chief operating officerSandeep Gulati Apr 1, 2019 to Apr 1, 2019²⁵
Chief operating officerRajiv Ahuja Jul 29, 2019 to Jul 29, 2019²⁶
Chief operating officerChad A. Carlson Jun 16, 2010 to May 4, 2011²⁷

Board members and other officers (44)

GM, Global MarketingJohn Hoholik Jun 4, 2015 to Feb 24, 2016²⁸
Senior VP, Global OperationsPeter F. Martino Jan 22, 2014 to Mar 8, 2018²⁹
Chief Information OfficerKamalesh Dwivedi Oct 3, 2014 to Aug 20, 2015³⁰
SVP of Global Human ResourcesJaymes D. Kirksey Feb 6, 2013 to Mar 8, 2018³¹
SVP, Client Solutions&StrategyEmily K. Millar Jul 29, 2013 to Jul 31, 2013³²
SVP, Information ServicesPatricia J. Hain Jul 29, 2013 to Jul 31, 2013³³
VP, OperationsRodney L. Spires Jan 30, 2012 to May 18, 2012³⁴
SVP, Sales & MarketingJoseph S. Duryea Apr 26, 2012 to Apr 1, 2019³⁵
SVP, SalesShelia L. Fisher Jan 5, 2011 to Jan 5, 2011³⁶
SVP, Chief Technology OfficerMark Veyette Apr 26, 2011 to Nov 8, 2011³⁷
SVP, OperationsRod A. Leach Jul 27, 2011 to Feb 27, 2017³⁸
SVP, Support ServicesJulie M. Weingardt Nov 1, 2011 to May 18, 2012³⁹
VP, Support ServicesLana J. Little May 5, 2009 to May 5, 2010⁴⁰
SVP, SalesJohn Damian Jun 5, 2009 to Jun 5, 2009⁴¹
RVP of OperationsBret Richard Milne Jul 2, 2008 to Feb 25, 2009⁴²
RVP of OperationsChad A. Thorpe Jul 2, 2008 to May 5, 2010⁴³
VP of Operations Support Serv.Faye L. Victora Jul 3, 2008 to May 5, 2010⁴⁴
VP, ControllerSylvia A. Church Jan 16, 2007 to May 15, 2007⁴⁵
SVP Business DevelopmentMary Beth Loesch Feb 21, 2007 to May 5, 2010⁴⁶
SVP Human ResourcesSusan L. Morse Feb 21, 2007 to May 4, 2011⁴⁷
SVP, Chief Information OfficerN. Douglas Pontious Apr 20, 2007 to May 15, 2007⁴⁸
Board memberAnupam Pahuja Jan 5, 2023 to Jan 5, 2024⁴⁹
Board memberNallathur Balasubramanian Jan 5, 2023 to Jan 5, 2024⁵⁰
Board memberSudip Banerjee Jul 6, 2022 to Jan 5, 2024⁵¹
Board memberJulie Schoenfeld Jan 10, 2019 to Oct 5, 2022⁵²
Board memberAlbert Aboody Mar 12, 2019 to Jan 5, 2024⁵³
Board memberJerry Schafer Apr 1, 2019 to Jan 5, 2024⁵⁴
Board memberAparup Sengupta Jul 23, 2018 to Apr 5, 2022⁵⁵
Board memberBharat Rao Jul 23, 2018 to Jan 5, 2024⁵⁶
Board memberLance Rosenzweig Jul 23, 2018 to Jul 16, 2019¹³
Board memberMukesh Sharda Jul 23, 2018 to Jan 5, 2024⁵⁷
Board memberSanjay Chakrabarty Jul 23, 2018 to Jan 5, 2024⁵⁸
Board memberArnaud Ajdler May 8, 2015 to Jan 4, 2018⁵⁹
Board memberChad A. Carlson Mar 12, 2012 to Mar 8, 2018⁶⁰
Board memberBenjamin L. Rosenzweig May 19, 2011 to Oct 3, 2018⁶¹
Board memberRobert Sheft May 19, 2011 to Jan 4, 2019⁶²
Board memberJack D. Plating Dec 16, 2011 to Jul 5, 2018⁶³
Board memberAlbert C. Yates Jun 2, 2006 to May 5, 2010⁶⁴
Board memberEd Zschau Jun 2, 2006 to Jan 4, 2019⁶⁵
Board memberPamalyn Kay Norton Jun 2, 2006 to May 5, 2010⁶⁶
Board memberA. Laurence Jones Jul 19, 2006 to May 4, 2011⁶⁷
General counselDave Gomez Oct 13, 2010 to May 18, 2012⁶⁸
General counselMichael Stefanoudakis Apr 21, 2009 to May 5, 2010⁶⁹
General counselD. Michael Clayton Feb 21, 2007 to Feb 25, 2009⁷⁰

Former names

STARTEK INCMay 23, 1997 to Jan 31, 2013²

Timeline

Feb 3, 2022New chief executive Bharat Rao becomes CEO¹¹
Jul 8, 2020New chief executive Aparup Sengupta becomes CEO¹²
Jul 23, 2018New chief executive Lance Rosenzweig becomes CEO¹³
Jul 6, 2011New chief executive Chad A. Carlson becomes CEO¹⁴
Jan 9, 2007New chief executive A. Laurence Jones becomes CEO¹⁵

Recent filings

Jan 5, 20248-K
Jan 5, 20244
Jan 5, 20244
Jan 5, 20244
Jan 5, 20244
Jan 5, 20244
Jan 5, 20244
Jan 5, 20244
Jan 5, 20244
Jan 5, 20244
Jan 5, 20244
Dec 29, 20234/A AMENDED STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
Nov 9, 20238-K
Nov 9, 202310-Q
Oct 10, 20238-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.¹

Sources

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

1
SEC EDGARStartek, Inc. filings on SEC EDGAR
2
SEC EDGARStartek, Inc. filings on SEC EDGAR
3
SEC EDGARStartek, Inc. 10-K for fiscal 2022
4
SEC EDGARStartek, Inc. 10-K for fiscal 2018
5
SEC EDGARStartek, Inc. 10-K for fiscal 2019
6
SEC EDGARStartek, Inc. 10-K for fiscal 2020
7
SEC EDGARStartek, Inc. 10-K for fiscal 2016
8
SEC EDGARStartek, Inc. 10-Q for fiscal 2023
9
SEC EDGARStartek, Inc. 10-Q for fiscal 2023
10
SEC EDGARStartek, Inc. 10-Q for fiscal 2023
11
SEC EDGARBharat Rao, Chief executive officer
12
SEC EDGARAparup Sengupta, Chief executive officer
13
SEC EDGARLance Rosenzweig, Chief executive officer
14
SEC EDGARChad A. Carlson, Chief executive officer
15
SEC EDGARA. Laurence Jones, Chief executive officer
16
SEC EDGARNeeraj Jain, Chief financial officer
17
SEC EDGARNishit Shah, Chief financial officer
18
SEC EDGARVikash Sureka, Chief financial officer
19
SEC EDGARRamesh Kamath, Chief financial officer
20
SEC EDGARDonald Norsworthy, Chief financial officer
21
SEC EDGARLisa A. Weaver, Chief financial officer
22
SEC EDGARDavid G. Durham, Chief financial officer
23
SEC EDGARRodd Erik Granger, Chief financial officer
24
SEC EDGARPeter F. Martino, Chief operating officer
25
SEC EDGARSandeep Gulati, Chief operating officer
26
SEC EDGARRajiv Ahuja, Chief operating officer
27
SEC EDGARChad A. Carlson, Chief operating officer
28
SEC EDGARJohn Hoholik, GM, Global Marketing
29
SEC EDGARPeter F. Martino, Senior VP, Global Operations
30
SEC EDGARKamalesh Dwivedi, Chief Information Officer
31
SEC EDGARJaymes D. Kirksey, SVP of Global Human Resources
32
SEC EDGAREmily K. Millar, SVP, Client Solutions&Strategy
33
SEC EDGARPatricia J. Hain, SVP, Information Services
34
SEC EDGARRodney L. Spires, VP, Operations
35
SEC EDGARJoseph S. Duryea, SVP, Sales & Marketing
36
SEC EDGARShelia L. Fisher, SVP, Sales
37
SEC EDGARMark Veyette, SVP, Chief Technology Officer
38
SEC EDGARRod A. Leach, SVP, Operations
39
SEC EDGARJulie M. Weingardt, SVP, Support Services
40
SEC EDGARLana J. Little, VP, Support Services
41
SEC EDGARJohn Damian, SVP, Sales
42
SEC EDGARBret Richard Milne, RVP of Operations
43
SEC EDGARChad A. Thorpe, RVP of Operations
44
SEC EDGARFaye L. Victora, VP of Operations Support Serv.
45
SEC EDGARSylvia A. Church, VP, Controller
46
SEC EDGARMary Beth Loesch, SVP Business Development
47
SEC EDGARSusan L. Morse, SVP Human Resources
48
SEC EDGARN. Douglas Pontious, SVP, Chief Information Officer
49
SEC EDGARAnupam Pahuja, Board member
50
SEC EDGARNallathur Balasubramanian, Board member
51
SEC EDGARSudip Banerjee, Board member
52
SEC EDGARJulie Schoenfeld, Board member
53
SEC EDGARAlbert Aboody, Board member
54
SEC EDGARJerry Schafer, Board member
55
SEC EDGARAparup Sengupta, Board member
56
SEC EDGARBharat Rao, Board member
57
SEC EDGARMukesh Sharda, Board member
58
SEC EDGARSanjay Chakrabarty, Board member
59
SEC EDGARArnaud Ajdler, Board member
60
SEC EDGARChad A. Carlson, Board member
61
SEC EDGARBenjamin L. Rosenzweig, Board member
62
SEC EDGARRobert Sheft, Board member
63
SEC EDGARJack D. Plating, Board member
64
SEC EDGARAlbert C. Yates, Board member
65
SEC EDGAREd Zschau, Board member
66
SEC EDGARPamalyn Kay Norton, Board member
67
SEC EDGARA. Laurence Jones, Board member
68
SEC EDGARDave Gomez, General counsel
69
SEC EDGARMichael Stefanoudakis, General counsel
70
SEC EDGARD. Michael Clayton, General counsel