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 three months ended 31 March 2020, Data Storage Corp revenues increased 5% to $2.1M. Net loss applicable to common stockholders totaled $69K vs. income of $32K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Selling, general and administrative increase of 7% to $877K (expense).
Employees: 12 as of Dec 31, 2008
Reporting Currency: U.S. Dollars
Enterprise value: $20.88M as of Mar 31, 2020
Annual revenue (TTM): $8.58M as of Mar 31, 2020
EBITDA (TTM): $1.02M as of Mar 31, 2020
Net annual income (TTM): -$0.15M as of Mar 31, 2020
Free cash flow (TTM): $0.79M as of Mar 31, 2020
Net Debt Last Fiscal Year: $2.73M as of Mar 31, 2020
Shares outstanding: 128,539,418 as of May 19, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization