Data Storage Corp (PK:DTST)

Sector:  Technology Industry:  IT Services & Consulting
See Regulatory Filings on SEC
Company Contact
Address: 48 S Service Rd
MELVILLE NY 11747-2335
Tel: N/A
IR: See website
Key People
Charles M. Piluso
Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer
Matthew P. Grosso
Vice President, Secretary
Stephen Catanzano
Vice President
Thomas C Kempster
Secretary, Director
Business Overview
Data Storage Corporation (DSC) is a cloud storage and cloud computing company, which provides data protection, disaster recovery, business continuity and compliance solutions that assist organizations in protecting their data, minimizing downtime and ensuring regulatory compliance. The Company focuses on its infrastructure, disaster recovery, and e-mail archival and compliance solutions. The Company's e-mail archival and data analysis software is Message Logic. DSC provides recovery clouds for managed service providers. Its solutions include Infrastructure-as-a-Service, data backup, recovery and restore, high availability data replication services; e-mail archive and compliance for compliance officer alerts and e-discovery; continuous data protection; data de-duplication, and virtualized system recovery. DSC offers continuous data protection (CDP), delta block processing, data de-duplication and volume protection.
Financial Overview
For the nine months ended 30 September 2019, Data Storage Corp revenues decreased 17% to $6M. Net loss applicable to common stockholders totaled $104K vs. income of $160K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Selling, general and administrative increase of 3% to $2.6M (expense).
Employees: 12 as of Dec 31, 2008
Reporting Currency: U.S. Dollars
Enterprise value: $19.47M as of Sep 30, 2019
Annual revenue (TTM): $7.68M as of Sep 30, 2019
EBITDA (TTM): $0.92M as of Sep 30, 2019
Net annual income (TTM): -$0.12M as of Sep 30, 2019
Free cash flow (TTM): $0.74M as of Sep 30, 2019
Net Debt Last Fiscal Year: $2.81M as of Sep 30, 2019
Shares outstanding: 128,139,418 as of Nov 19, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization