SilverSun Technologies, Inc. (SSNT) Financials

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$16.31

north_east NA Past Year
Day's range
$14.52
Day's range
$17.99
$60M$60M$50M$50M$40M$40M$30M$30M$20M$20M$10M$10M$0$0-$10M-$10MEarning201720172018201820192019202020202021202120222022202320233%3%2%2%1%1%0%0%-1%-1%-2%-2%-3%-3%-4%-4%Profit Margin
Profit Margin
Revenue
Earnings

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
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