Sector: Technology | Industry: IT Services & Consulting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 48 South Service Road MELVILLE NY 11747 |
Tel: | N/A |
Website: | https://www.dtst.com |
IR: | See website |
Key People | ||
Charles M. Piluso Chairman of the Board, Chief Executive Officer, Treasurer | Harold J. Schwartz President, Director | Chris H. Panagiotakos Chief Financial Officer | Thomas C. Kempster Executive Vice President, Director, President of Flagship Solution Group |
Business Overview |
Data Storage Corporation is a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and information technology services. The Company's cyber security solutions include ezSecurity, which offers security solutions for endpoint security, system assessments, risk analysis, and IBM system protection, including Ransomware defense. Its data protection and recovery solutions include ezVault for offsite data protection; ezRecovery for fast data recovery; ezAvailability for real-time data replication with minimal recovery objectives, and ezMirror for data mirroring at the storage level. Its cloud hosted production systems include ezHost, which delivers managed cloud services. Its voice and data solutions provide voice over Internet protocol (VoIP), Internet access, and data transport solutions, including dedicated Internet services, SD-WAN options, and a cloud-based PBX solution integrated with Microsoft Teams for business continuity. |
Financial Overview |
For the nine months ended 30 September 2023, Data Storage Corp revenues increased 5% to $18.8M. Net income totaled $457K vs. loss of $1.2M. Revenues reflect United States segment increase of 10% to $18.5M, International segment increase of 13% to $261K. Net Income reflects Decrease in salaries decrease of 8% to $3.6M (expense), Other SGA decrease of 51% to $215K (expense). |
Employees: | 45 as of Mar 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $21.31M as of Dec 31, 2023 |
Annual revenue (TTM): | $24.74M as of Dec 31, 2023 |
EBITDA (TTM): | $0.62M as of Dec 31, 2023 |
Net annual income (TTM): | -$2.67M as of Dec 31, 2023 |
Free cash flow (TTM): | $1.37M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 6,919,950 as of Mar 27, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |