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SSNT

SSNT - SilverSun Technologies Inc Stock Price, Fair Value and News

12.80USD-0.37 (-2.81%)Delayed as of 22 Apr 2024, 11:04 am ET

Market Summary

SSNT
USD12.80-0.37
Delayedas of 22 Apr 2024, 11:04 am
-2.81%

SSNT Alerts

  • 1 major insider sales recently.

SSNT Stock Price

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SSNT RSI Chart

SSNT Valuation

Market Cap

70.0M

Price/Earnings (Trailing)

-65.42

Price/Sales (Trailing)

1.28

EV/EBITDA

-65.98

Price/Free Cashflow

151.24

SSNT Price/Sales (Trailing)

SSNT Profitability

Operating Margin

39.65%

EBT Margin

-2.51%

Return on Equity

-14.32%

Return on Assets

-5.22%

Free Cashflow Yield

0.66%

SSNT Fundamentals

SSNT Revenue

Revenue (TTM)

54.5M

Rev. Growth (Yr)

18.56%

Rev. Growth (Qtr)

9.58%

SSNT Earnings

Earnings (TTM)

-1.1M

Earnings Growth (Yr)

2.2K%

Earnings Growth (Qtr)

119.87%

Breaking Down SSNT Revenue

52 Week Range

13.21
(Low)(High)

Last 7 days

4.3%

Last 30 days

-1.0%

Last 90 days

-5.4%

Trailing 12 Months

304.6%

How does SSNT drawdown profile look like?

SSNT Financial Health

Current Ratio

1.02

Debt/Equity

0.13

Debt/Cashflow

0.59

SSNT Investor Care

Shares Dilution (1Y)

2.34%

Diluted EPS (TTM)

-0.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202347.1M49.7M52.2M54.5M
202241.8M42.3M43.1M45.0M
202142.0M42.6M42.5M41.7M
202039.3M39.8M39.9M41.2M
201937.3M36.8M36.8M38.5M
201836.2M37.3M37.8M37.3M
201734.3M34.3M34.3M34.9M
201628.9M31.6M33.9M34.1M
201523.0M23.7M24.8M27.6M
201418.3M19.7M21.4M21.5M
201314.3M15.1M16.0M17.4M
201210.7M11.0M12.1M13.2M
20118.2M9.0M9.8M10.5M
20100007.5M
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Tracking the Latest Insider Buys and Sells of SilverSun Technologies Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 26, 2024
meller mark
sold
-33,311
12.9717
-2,568
chief executive officer
Mar 25, 2024
meller mark
sold
-190,702
13.0761
-14,584
chief executive officer
Mar 22, 2024
meller mark
sold
-209,358
13.1871
-15,876
chief executive officer
Mar 21, 2024
meller mark
sold
-779,361
13.6939
-56,913
chief executive officer
Mar 20, 2024
meller mark
sold
-207,298
13.356
-15,521
chief executive officer
Mar 19, 2024
meller mark
sold
-115,498
13.6072
-8,488
chief executive officer
Jan 08, 2024
wunderlich stanley
acquired
35,250
23.5
1,500
-
Jan 05, 2024
wunderlich stanley
acquired
21,000
21.00
1,000
-
Jan 05, 2024
wunderlich stanley
sold
-22,680
20.00
-1,134
-
Jan 05, 2024
schachtel john d.
sold
-3,088
21.45
-144
-

1–10 of 50

Which funds bought or sold SSNT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
McGlone Suttner Wealth Management, Inc.
sold off
-100
-856
-
-%
Apr 17, 2024
Red Door Wealth Management, LLC
sold off
-100
-171,100
-
-%
Apr 17, 2024
DELTEC ASSET MANAGEMENT LLC
sold off
-100
-342,200
-
-%
Apr 16, 2024
WEBSTER BANK, N. A.
sold off
-100
-49,619
-
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
11,500
198,148
198,476
-%
Mar 11, 2024
VANGUARD GROUP INC
added
1.1
2,294,680
2,831,580
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
new
-
17,110
17,110
-%
Feb 14, 2024
GENDELL JEFFREY L
new
-
256,667
256,667
0.01%
Feb 14, 2024
JB CAPITAL PARTNERS LP
unchanged
-
138,300
171,100
0.03%

1–10 of 33

Are Funds Buying or Selling SSNT?

Are funds buying SSNT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SSNT
No. of Funds

Unveiling SilverSun Technologies Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 15, 2024
jacobs private equity ii, llc
35.6%
1,893,978
SC 13D/A
Feb 09, 2024
morgan stanley
8.0%
421,827
SC 13G
Jan 04, 2024
bard associates inc
0.8%
41,300
SC 13G/A
Dec 13, 2023
jacobs private equity ii, llc
38.2%
2,006,534
SC 13D
Feb 06, 2023
bard associates inc
8.0%
408,549
SC 13G/A
Sep 19, 2022
bitnile holdings, inc.
6.54%
335,797
SC 13D/A
Sep 12, 2022
bitnile holdings, inc.
7.73%
397,000
SC 13D/A
Aug 22, 2022
bitnile holdings, inc.
9.60%
493,000
SC 13D
Feb 14, 2022
bard associates inc
4.2%
215,263
SC 13G/A
Jan 31, 2022
bitnile holdings, inc.
3.70%
190,000
SC 13D/A

Recent SEC filings of SilverSun Technologies Inc

View All Filings
Date Filed Form Type Document
Apr 18, 2024
PRE 14A
PRE 14A
Apr 17, 2024
DEFA14A
DEFA14A
Apr 15, 2024
8-K
Current Report
Apr 15, 2024
DEFA14A
DEFA14A
Apr 15, 2024
SC 13D/A
13D - Major Acquisition
Mar 26, 2024
4
Insider Trading
Mar 25, 2024
144
Notice of Insider Sale Intent
Mar 25, 2024
4
Insider Trading
Mar 22, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading

Peers (Alternatives to SilverSun Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
262.3B
34.9B
-11.66% 36.89%
63.41
7.52
11.18% 1888.46%
143.7B
37.3B
-11.98% 119.75%
76.17
3.86
16.95% 120.64%
46.3B
5.3B
-17.50% 11.24%
50.51
8.66
9.15% 48.14%
28.0B
2.3B
-6.19% -0.42%
56.01
12.35
9.90% -4.45%
17.9B
4.5B
-11.08% -9.51%
28.05
3.95
3.06% 514.65%
MID-CAP
7.4B
620.4M
-8.38% 60.84%
2.7K
11.97
31.48% 103.97%
6.2B
4.4B
-15.89% 64.13%
-18.29
1.41
7.53% 78.52%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.2B
881.7M
-12.66% 33.07%
39.86
3.63
4.64% 44.42%
2.5B
296.4M
-27.64% 0.10%
-9.19
8.43
11.14% -3.59%
2.2B
228.1M
3.51% -4.00%
25.62
9.81
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
188.7M
572.4M
-35.44% -85.10%
-0.95
0.33
-19.38% -489.49%
178.5M
119.1M
-16.23% -58.21%
-19.37
1.5
24.27% 36.31%
145.8M
31.3M
23.45% 91.88%
-24.84
4.66
4.69% 43.72%

SilverSun Technologies Inc News

Latest updates
Yahoo Finance • 23 Mar 2024 • 07:00 am
Investing.com • 20 Mar 2024 • 07:00 am

SilverSun Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue9.6%14,70913,42313,25713,12812,40610,91710,63811,02410,48310,11010,22910,87911,30910,1599,67310,0809,96810,1089,1199,3078,264
Cost Of Revenue11.3%8,9888,0738,0727,7707,7066,4896,5116,3196,2326,1705,9596,1336,5736,1075,7346,2276,2376,4075,6435,5455,369
Gross Profit6.9%5,7215,3505,1855,3584,7004,4294,1274,7054,2523,9394,2714,7474,7364,0523,9393,8523,7313,7013,4773,7632,895
Operating Expenses7.7%5,3004,9234,7294,9884,8694,5464,2074,7254,8894,2304,0674,2534,2563,9613,8914,2474,1234,6513,8343,9783,612
  S&GA Expenses3.4%2,3042,2292,1412,1792,1002,0171,8531,7761,6841,7021,6141,7191,9391,7521,7331,9411,7651,7651,5661,7421,520
EBITDA Margin39.4%-0.02*-0.03*0.02*0.01*0.00*0.00*-0.01*0.00*0.01*0.03*0.04*0.03*0.01*--------
Interest Expenses74.5%13.008.0017.0017.0023.0024.0024.0019.0021.0018.007.00-10.02-7.15-5.82-8.258.0019.00-18.17-24.13-16.48-11.79
Income Taxes97.5%-11.57-45695.0075.00-171-7.06-15.282.0052.00-68.6466.00129-4.1731.0011.0025.00-415--79.96--296
Earnings Before Taxes115.9%408-2,566439352-191-141-103-38.57-327-30819748347387.0045.00-381-367-949-380-232-729
EBT Margin33.4%-0.03*-0.04*0.01*0.00*-0.01*-0.01*-0.02*-0.01*0.00*0.02*0.03*0.03*0.01*--------
Net Income119.9%419-2,110343277-19.56-134-87.77-40.66-379-24013035537955.0034.00-292-9677,669-2.8996.0016.00
Net Income Margin32.1%-0.02*-0.03*0.01*0.00*-0.01*-0.01*-0.02*-0.01*0.00*0.01*0.02*0.02*0.00*--------
Free Cashflow-125.7%-2791,090440-7889111,604-477-38.79-46.241,068-410-5001,455--------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets11.5%20,49618,38720,60321,10321,43819,97918,31118,65817,99917,24620,18719,61215,90117,17016,99117,74218,95321,72912,79212,34211,744
  Current Assets6.9%11,79611,03813,42613,57813,69912,0129,95010,35810,7119,80112,55612,7048,6299,99610,35710,84212,97715,3514,8184,4974,886
    Cash Equivalents-10.7%6,1436,8807,1306,8768,0097,2325,8746,4866,8147,2529,4279,3566,5957,0736,8596,4818,65810,7225286531,901
  Net PPE-5.5%503533557624711806895569637676662535523570626675713753843616688
  Goodwill0%1,1401,1401,1401,1401,1401,0121,0121,0121,0121,0121,0121,0121,0128918918918918918858856.00
Liabilities14.9%13,02311,33410,38811,23211,88610,4518,9919,2968,6427,8527,5977,9238,6218,4698,3489,13610,0599,6198,3547,9057,410
  Current Liabilities9.2%11,52310,5519,46910,21610,7539,0817,2007,7227,3906,4295,9016,5786,7296,7116,6747,2438,6598,0346,5696,1606,233
  Long Term Debt160.7%9943814525516717959811,06246464181847229122735.0049.0064.008669601,07674.00
    LT Debt, Current69.6%70241447751168063653052929441542925310016269.00101132439457467155
    LT Debt, Non Current160.7%9943814525516717959811,06246464181847229122735.0049.0064.008669601,07674.00
Shareholder's Equity5.9%7,4737,05310,2159,8719,5529,5289,3209,3629,3579,39412,59011,6897,2808,7018,6438,6068,89512,1104,4374,4374,334
  Retained Earnings17.7%-1,946-2,365-255-599-876-857-722-635-594-21525.00-105-459-838-894-927-635332-7,336-7,333-7,429
  Additional Paid-In Capital0%9,4199,41910,47010,47010,42910,38510,0439,9979,9519,60912,56511,7947,7409,5409,5379,5349,53011,77711,77411,77111,764
Accumulated Depreciation-3,605---3,276----------------
Shares Outstanding1.1%5,3165,2565,2565,2565,2565,1365,1365,1365,1364,9895,0634,7654,501--------
Float---10,951---8,794---29,669---3,916---5,594--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-120.5%-2331,142459-7839111,613-477-8.25-50.611,115-338-5001,482-23.24567-296298163-185-1,17876.00
  Share Based Compensation----41.0044.0044.0046.0046.0034349.0049.00992*-3.003.003.003.003.003.007.007.00
Cashflow From Investing-535.7%-324-51.05-18.88-4.98-1*-8.19-1*-180-245-47.01-217--27.20371-31.85528-1,81210,130-25.82-138-134
Cashflow From Financing86.7%-177-1,340-186-344-134-245-135-138-141-3,2436273,261-1,931-134-157-2,408-154-158-167-389-169
  Dividend Payments----------3,082-----2,251---225-
  Buy Backs------------------1*---

SSNT Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues$ 54,516,941$ 44,985,276
Cost of revenues32,903,13227,024,540
Gross profit21,613,80917,960,736
Operating expenses:  
Selling and marketing expenses8,852,7397,745,265
General and administrative expenses10,217,1579,471,625
Share-based compensation expenses41,497180,260
Depreciation and amortization expenses828,157948,965
Total selling, general and administrative expenses19,939,55018,346,115
Income (loss) from operations1,674,259(385,379)
Other expense:  
Interest expense, net(55,666)(89,024)
Deal costs(2,986,107)0
Total other expense(3,041,773)(89,024)
Loss before taxes(1,367,514)(474,403)
Benefit for income taxes297,419192,184
Net loss$ (1,070,095)$ (282,219)
Basic (in Dollars per share)$ (0.2)$ (0.05)
Diluted (in Dollars per share)$ (0.2)$ (0.05)
Basic (in Shares)5,259,5955,167,081
Diluted (in Shares)5,259,5955,167,081
Product [Member]  
Revenues$ 14,110,773$ 11,781,362
Cost of revenues8,512,7677,077,804
Service Net [Member]  
Revenues40,406,16833,203,914
Cost of revenues$ 24,390,365$ 19,946,736

SSNT Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 6,143,298$ 8,008,633
Accounts receivable, net of allowance of $510,212 and $490,3112,968,8752,232,960
Unbilled services194,407367,165
Deferred charges735,9081,516,895
Prepaid expenses and other current assets1,753,8491,573,615
Total current assets11,796,33713,699,268
Property and equipment, net503,347711,314
Operating lease right-of-use assets, net521,866328,562
Intangible assets, net4,918,8494,265,353
Goodwill1,139,9521,139,952
Deferred tax assets, net1,443,9021,106,065
Deposits and other assets171,448187,553
Total assets20,495,70121,438,067
Current liabilities:  
Accounts payable4,563,2483,272,555
Accrued expenses2,654,9202,432,703
Accrued interest24,50723,757
Long term debt – current portion701,749680,146
Long term debt – related party - current portion0103,333
Finance lease obligations – current portion154,336214,990
Operating lease liabilities – current portion262,733268,345
Deferred revenue3,161,0823,757,090
Total current liabilities11,522,57510,752,919
Long term debt - net of current portion994,266671,014
Finance lease obligations - net of current portion247,117401,453
Operating lease liabilities - net of current portion259,13360,217
Total liabilities13,023,09111,885,603
Commitments and Contingencies (see Note 14)00
Stockholders’ equity:  
Common stock, value5353
Additional paid-in capital9,419,24210,429,001
Accumulated deficit(1,946,685)(876,590)
Total stockholders’ equity7,472,6109,552,464
Total liabilities and stockholders’ equity20,495,70121,438,067
Series A Preferred Stock [Member]  
Stockholders’ equity:  
Preferred stock, value$ 0$ 0
SSNT
SilverSun Technologies, Inc. operates as a business application, technology, and consulting company in the United States. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services. In addition, the company provides information technology managed services, such as cybersecurity, application hosting, disaster recovery, business continuity, cloud, and other services; and data back-up, network maintenance, and upgrade services. It serves small and medium-sized businesses primarily in the manufacturing, distribution, and service industries. The company was formerly known as Trey Resources, Inc. and changed its name to SilverSun Technologies, Inc. in June 2011. SilverSun Technologies, Inc. was founded in 1988 and is headquartered in East Hanover, New Jersey.
 CEO
 WEBSITEsilversuntech.com
 INDUSTRYSoftware - Apps
 EMPLOYEES172

SilverSun Technologies Inc Frequently Asked Questions


What is the ticker symbol for SilverSun Technologies Inc? What does SSNT stand for in stocks?

SSNT is the stock ticker symbol of SilverSun Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SilverSun Technologies Inc (SSNT)?

As of Fri Apr 19 2024, market cap of SilverSun Technologies Inc is 70.01 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SSNT stock?

You can check SSNT's fair value in chart for subscribers.

What is the fair value of SSNT stock?

You can check SSNT's fair value in chart for subscribers. The fair value of SilverSun Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SilverSun Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SSNT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SilverSun Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether SSNT is over valued or under valued. Whether SilverSun Technologies Inc is cheap or expensive depends on the assumptions which impact SilverSun Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SSNT.

What is SilverSun Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, SSNT's PE ratio (Price to Earnings) is -65.42 and Price to Sales (PS) ratio is 1.28. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SSNT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SilverSun Technologies Inc's stock?

In the past 10 years, SilverSun Technologies Inc has provided 0.546 (multiply by 100 for percentage) rate of return.