SSNT
Income statement / Annual
Last year (2023), SilverSun Technologies, Inc.'s total revenue was $54.52 M,
an increase of 21.19% from the previous year.
In 2023, SilverSun Technologies, Inc.'s net income was -$1.07 M.
See SilverSun Technologies, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$54.52 M
|
$44.99 M
|
$41.70 M
|
$41.22 M
|
$38.50 M
|
$41.00 M
|
$34.85 M
|
$34.12 M
|
$27.64 M
|
$21.46 M
|
| Cost of Revenue |
$33.73 M |
$27.02 M |
$24.49 M |
$24.64 M |
$23.82 M |
$24.08 M |
$20.99 M |
$21.39 M |
$16.80 M |
$12.89 M |
| Gross Profit |
$20.79 M |
$17.96 M |
$17.21 M |
$16.58 M |
$14.68 M |
$16.92 M |
$13.87 M |
$12.73 M |
$10.84 M |
$8.57 M |
| Gross Profit Ratio |
0.38 |
0.4 |
0.41 |
0.4 |
0.38 |
0.41 |
0.4 |
0.37 |
0.39 |
0.4 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$10.26 M
|
$9.65 M
|
$9.84 M
|
$8.28 M
|
$8.79 M
|
$9.05 M
|
$7.46 M
|
$6.42 M
|
$5.70 M
|
$4.41 M
|
| Selling & Marketing
Expenses |
$8.85 M
|
$7.75 M
|
$6.72 M
|
$7.37 M
|
$6.84 M
|
$6.75 M
|
$4.85 M
|
$4.36 M
|
$4.30 M
|
$3.33 M
|
| Selling, General &
Administrative Expenses |
$19.11 M
|
$17.40 M
|
$16.56 M
|
$15.65 M
|
$15.63 M
|
$15.80 M
|
$12.31 M
|
$10.78 M
|
$10.00 M
|
$7.74 M
|
| Other Expenses |
$0.00 |
$948,965.00 |
$875,566.00 |
$705,932.00 |
$720,035.00 |
$703,085.00 |
$620,297.00 |
$10,000.00 |
$134,000.00 |
$364,573.00 |
| Operating Expenses |
$19.11 M |
$18.35 M |
$17.44 M |
$16.36 M |
$16.35 M |
$16.51 M |
$12.93 M |
$11.46 M |
$10.49 M |
$8.10 M |
| Cost And Expenses |
$52.84 M |
$45.37 M |
$41.93 M |
$41.00 M |
$40.17 M |
$40.59 M |
$33.91 M |
$32.85 M |
$27.28 M |
$20.99 M |
| Interest Income |
$0.00 |
$89,024.00 |
$46,802.00 |
$13,616.00 |
$39,814.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$55,666.00 |
$89,024.00 |
$46,802.00 |
$13,616.00 |
$0.00 |
$41,682.00 |
$31,696.00 |
$64,678.00 |
$57,483.00 |
$59,750.00 |
| Depreciation &
Amortization |
$1.13 M
|
$1.76 M
|
$1.39 M
|
$1.14 M
|
$1.17 M
|
$703,085.00
|
$620,296.00
|
$684,660.00
|
$485,092.00
|
$364,573.00
|
| EBITDA |
$2.50 M
|
$1.37 M
|
$1.16 M
|
$1.36 M
|
-$738,000.00
|
$815,189.00
|
$1.56 M
|
$1.96 M
|
$976,880.00
|
$835,224.00
|
| EBITDA Ratio |
0.05 |
0.03 |
0.03 |
0.03 |
-0.01 |
0.03 |
0.04 |
0.06 |
0.04 |
0.04 |
| Operating Income Ratio
|
0.03
|
-0.01
|
-0.01
|
0.01
|
-0.04
|
0.01
|
0.03
|
0.04
|
0.01
|
0.02
|
| Total Other
Income/Expenses Net |
-$3.04 M
|
-$89,024.00
|
$274,557.00
|
-$347.00
|
-$367,669.00
|
-$41,682.00
|
-$31,696.00
|
-$54,678.00
|
$76,517.00
|
-$59,750.00
|
| Income Before Tax |
-$1.37 M |
-$474,403.00 |
$43,571.00 |
$223,038.00 |
-$1.92 M |
$371,078.00 |
$907,562.00 |
$1.21 M |
$434,305.00 |
$410,901.00 |
| Income Before Tax Ratio
|
-0.03
|
-0.01
|
0
|
0.01
|
-0.05
|
0.01
|
0.03
|
0.04
|
0.02
|
0.02
|
| Income Tax Expense |
-$297,419.00 |
-$192,184.00 |
$178,005.00 |
$47,391.00 |
-$455,006.00 |
$108,646.00 |
$1.39 M |
-$2.22 M |
$60,000.00 |
$218,000.00 |
| Net Income |
-$1.07 M |
-$282,219.00 |
-$134,434.00 |
$175,647.00 |
-$1.47 M |
$262,432.00 |
-$486,469.00 |
$3.44 M |
$374,305.00 |
$192,901.00 |
| Net Income Ratio |
-0.02 |
-0.01 |
-0 |
0 |
-0.04 |
0.01 |
-0.01 |
0.1 |
0.01 |
0.01 |
| EPS |
-0.2 |
-0.0546 |
-0.0267 |
0.039 |
-0.33 |
0.0583 |
-0.11 |
0.78 |
0.09 |
0.05 |
| EPS Diluted |
-0.2 |
-0.0546 |
-0.0267 |
0.039 |
-0.33 |
0.0583 |
-0.11 |
0.77 |
0.09 |
0.05 |
| Weighted Average Shares
Out |
$5.26 M
|
$5.17 M
|
$5.03 M
|
$4.50 M
|
$4.50 M
|
$4.50 M
|
$4.42 M
|
$4.41 M
|
$4.30 M
|
$3.94 M
|
| Weighted Average Shares
Out Diluted |
$5.26 M
|
$5.17 M
|
$5.03 M
|
$4.50 M
|
$4.50 M
|
$4.50 M
|
$4.49 M
|
$4.47 M
|
$4.32 M
|
$3.94 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
