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SSNT

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

15.49USD-0.77 (-4.74%)Market Closed

Market Summary

SSNT
USD15.49-0.77
Market Closed
-4.74%

SSNT Stock Price

View Fullscreen

SSNT RSI Chart

SSNT Valuation

Market Cap

82.3M

Price/Earnings (Trailing)

-68.08

Price/Sales (Trailing)

1.47

EV/EBITDA

-66.85

Price/Free Cashflow

52.92

SSNT Price/Sales (Trailing)

SSNT Profitability

Operating Margin

39.25%

EBT Margin

-2.71%

Return on Equity

-15.89%

Return on Assets

-5.8%

Free Cashflow Yield

1.89%

SSNT Fundamentals

SSNT Revenue

Revenue (TTM)

55.8M

Rev. Growth (Yr)

9.96%

Rev. Growth (Qtr)

-1.86%

SSNT Earnings

Earnings (TTM)

-1.2M

Earnings Growth (Yr)

-50.24%

Earnings Growth (Qtr)

-67.06%

Breaking Down SSNT Revenue

Last 7 days

7.9%

Last 30 days

-0.6%

Last 90 days

6.0%

Trailing 12 Months

414.6%

How does SSNT drawdown profile look like?

SSNT Financial Health

Current Ratio

1.05

Debt/Equity

0.11

Debt/Cashflow

2.05

SSNT Investor Care

Shares Dilution (1Y)

1.13%

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
202455.8M000
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
May 15, 2024
Driehaus Capital Management LLC
added
82.32
745,100
2,582,630
0.03%
May 15, 2024
CITADEL ADVISORS LLC
new
-
170,573
170,573
-%
May 15, 2024
Royal Bank of Canada
new
-
33,000
33,000
-%
May 15, 2024
GENDELL JEFFREY L
added
1,121
2,160,570
2,417,240
0.09%
May 15, 2024
Tower Research Capital LLC (TRC)
added
189
7,697
13,942
-%
May 15, 2024
Cubist Systematic Strategies, LLC
sold off
-100
-221,489
-
-%
May 15, 2024
Schonfeld Strategic Advisors LLC
sold off
-100
-1,286,670
-
-%
May 15, 2024
Steward Partners Investment Advisory, LLC
new
-
13,190
13,190
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
sold off
-100
-85.00
-
-%
May 15, 2024
MORGAN STANLEY
reduced
-45.2
-4,759,040
3,481,140
-%

1–10 of 42

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
May 07, 2024
10-Q
Quarterly Report
Apr 30, 2024
DEF 14A
DEF 14A
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

Peers (Alternatives to SilverSun Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
277.0B
34.9B
3.35% 33.87%
66.98
7.95
11.18% 1888.46%
137.2B
38.6B
-8.72% 67.31%
98.72
3.56
14.01% 141.26%
47.3B
5.3B
2.96% 8.03%
51.62
8.85
9.15% 48.14%
28.6B
2.2B
0.65% 6.79%
65.84
12.85
3.59% -21.47%
19.3B
4.5B
8.62% -7.71%
30.27
4.26
3.06% 514.65%
MID-CAP
8.7B
671.8M
11.01% 66.39%
113.53
12.92
33.64% 185.98%
6.7B
4.7B
-3.99% 99.28%
-36.23
1.43
10.90% 88.31%
3.5B
895.2M
7.46% 35.00%
38.7
3.87
5.72% 46.94%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.2B
296.4M
28.11% -1.60%
-11.7
10.73
11.14% -3.59%
2.7B
228.1M
21.43% 43.87%
31.34
11.99
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
256.1M
31.6M
76.57% 260.07%
-43.61
8.1
2.76% 43.72%
253.0M
572.4M
33.33% -82.31%
-1.28
0.44
-19.38% -489.49%
193.1M
117.7M
5.95% -44.01%
-19.58
1.64
12.54% 11.24%

SilverSun Technologies Inc News

Latest updates
Yahoo Movies Canada • 14 May 2024 • 11:49 am
Investing.com • 22 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-1.9%14,43614,70913,42313,25713,12812,40610,91710,63811,02410,48310,11010,22910,87911,30910,1599,67310,0809,96810,1089,1199,307
Cost Of Revenue-2.3%8,7788,9888,0738,0727,7707,7066,4896,5116,3196,2326,1705,9596,1336,5736,1075,7346,2276,2376,4075,6435,545
Gross Profit-1.1%5,6575,7215,3505,1855,3584,7004,4294,1274,7054,2523,9394,2714,7474,7364,0523,9393,8523,7313,7013,4773,763
Operating Expenses2.5%5,4305,3004,9234,7294,9884,8694,5464,2074,7254,8894,2304,0674,2534,2563,9613,8914,2474,1234,6513,8343,978
  S&GA Expenses1.8%2,3452,3042,2292,1412,1792,1002,0171,8531,7761,6841,7021,6141,7191,9391,7521,7331,9411,7651,7651,5661,742
EBITDA Margin-14.3%-0.02*-0.02*-0.03*0.02*0.01*0.00*0.00*-0.01*0.00*0.01*0.03*0.04*---------
Interest Expenses50.4%20.0013.008.0017.0017.0023.0024.0024.0019.0021.0018.007.00-10.02-7.15-5.82-8.258.0019.00-18.17-24.13-16.48
Income Taxes701.0%70.00-11.57-45695.0075.00-171-7.06-15.282.0052.00-68.6466.00129-4.1731.0011.0025.00-415--79.96-
Earnings Before Taxes-49.1%208408-2,566439352-191-141-103-38.57-327-30819748347387.0045.00-381-367-949-380-232
EBT Margin-8.0%-0.03*-0.03*-0.04*0.01*0.00*-0.01*-0.01*-0.02*-0.01*0.00*0.02*0.03*---------
Net Income-67.1%138419-2,110343277-19.56-134-87.77-40.66-379-24013035537955.0034.00-292-9677,669-2.8996.00
Net Income Margin-10.4%-0.02*-0.02*-0.03*0.01*0.00*-0.01*-0.01*-0.02*-0.01*0.00*0.01*0.02*---------
Free Cashflow208.9%305-2791,090440-7889111,604-477-38.79-46.241,068-410---------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.8%20,85920,49618,38720,60321,10321,43819,97918,31118,65817,99917,24620,18719,61215,90117,17016,99117,74218,95321,72912,79212,342
  Current Assets6.2%12,52611,79611,03813,42613,57813,69912,0129,95010,35810,7119,80112,55612,7048,6299,99610,35710,84212,97715,3514,8184,497
    Cash Equivalents2.2%6,2806,1436,8807,1306,8768,0097,2325,8746,4866,8147,2529,4279,3566,5957,0736,8596,4818,65810,722528653
  Net PPE-1.3%497503533557624711806895569637676662535523570626675713753843616
  Goodwill0%1,1401,1401,1401,1401,1401,1401,0121,0121,0121,0121,0121,0121,0121,012891891891891891885885
Liabilities1.7%13,24813,02311,33410,38811,23211,88610,4518,9919,2968,6427,8527,5977,9238,6218,4698,3489,13610,0599,6198,3547,905
  Current Liabilities3.9%11,97011,52310,5519,46910,21610,7539,0817,2007,7227,3906,4295,9016,5786,7296,7116,6747,2438,6598,0346,5696,160
  Long Term Debt-15.1%8449943814525516717959811,06246464181847229122735.0049.0064.008669601,076
    LT Debt, Current4.4%73370241447751168063653052929441542925310016269.00101132439457467
    LT Debt, Non Current-100.0%-9943814525516717959811,06246464181847229122735.0049.0064.008669601,076
Shareholder's Equity1.8%7,6117,4737,05310,2159,8719,5529,5289,3209,3629,3579,39412,59011,6897,2808,7018,6438,6068,89512,1104,4374,437
  Retained Earnings7.1%-1,808-1,946-2,365-255-599-876-857-722-635-594-21525.00-105-459-838-894-927-635332-7,336-7,333
  Additional Paid-In Capital0%9,4199,4199,41910,47010,47010,42910,38510,0439,9979,9519,60912,56511,7947,7409,5409,5379,5349,53011,77711,77411,771
Accumulated Depreciation1.9%3,6723,605---3,276---------------
Shares Outstanding0%5,3165,3165,2565,2565,2565,2565,1365,1365,1365,1364,9895,063---------
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations256.3%366-2331,142459-7839111,613-477-8.25-50.611,115-338-5001,482-23.24567-296298163-185-1,178
  Share Based Compensation-----41.0044.0044.0046.0046.0034349.0049.00992*-3.003.003.003.003.003.007.00
Cashflow From Investing81.3%-60.52-324-51.05-18.88-4.98-1*-8.19-1*-180-245-47.01-217--27.20371-31.85528-1,81210,130-25.82-138
Cashflow From Financing5.1%-168-177-1,340-186-344-134-245-135-138-141-3,2436273,261-1,931-134-157-2,408-154-158-167-389
  Dividend Payments-----------3,082-----2,251---225
  Buy Backs-------------------1*--
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SSNT Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Revenues$ 14,435,555$ 13,127,738
Cost of revenues:  
Cost of revenues8,778,0687,770,178
Gross profit5,657,4875,357,560
Selling, general and administrative expenses:  
Selling and marketing expenses2,345,4162,178,703
General and administrative expenses2,843,9062,560,028
Share-based compensation expenses041,497
Depreciation and amortization expenses240,479207,795
Total selling, general and administrative expenses5,429,8014,988,023
Income from operations227,686369,537
Other expense:  
Interest expense, net(20,060)(17,255)
Total other expense(20,060)(17,255)
Income before taxes207,626352,282
Provision for income taxes69,53974,791
Net income$ 138,087$ 277,491
Net income per common share – basic and fully diluted (in Dollars per share)$ 0.03$ 0.05
Weighted average shares outstanding:  
Basic (in Shares)5,315,5815,256,177
Diluted (in Shares)5,315,5815,256,177
Product [Member]  
Revenues:  
Revenues$ 3,480,001$ 3,322,329
Cost of revenues:  
Cost of revenues2,198,8231,932,275
Service Net [Member]  
Revenues:  
Revenues10,955,5549,805,409
Cost of revenues:  
Cost of revenues$ 6,579,245$ 5,837,903

SSNT Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 6,279,569$ 6,143,298
Accounts receivable, net of allowance of $510,212 as of March 31, 2024 and December 31, 2023, respectively2,661,9232,968,875
Unbilled services666,280194,407
Deferred charges1,280,523735,908
Prepaid expenses and other current assets1,637,8061,753,849
Total current assets12,526,10111,796,337
Property and equipment, net496,935503,347
Operating lease right-of-use assets440,623521,866
Intangible assets, net4,709,5614,918,849
Goodwill1,139,9521,139,952
Deferred tax assets1,374,3631,443,902
Deposits and other assets171,448171,448
Total assets20,858,98320,495,701
Current liabilities:  
Accounts payable4,873,7184,563,248
Accrued expenses2,344,1302,654,920
Accrued interest24,69424,507
Long-term debt – current portion732,623701,749
Finance lease obligations – current portion129,975154,336
Operating lease liabilities – current portion228,617262,733
Deferred revenue3,636,3703,161,082
Total current liabilities11,970,12711,522,575
Long-term debt net of current portion843,721994,266
Finance lease obligations net of current portion222,432247,117
Operating lease liabilities net of current portion212,006259,133
Total liabilities13,248,28613,023,091
Commitments and contingencies00
Stockholders’ equity:  
Common stock, value5353
Additional paid-in capital9,419,2429,419,242
Accumulated deficit(1,808,598)(1,946,685)
Total stockholders’ equity7,610,6977,472,610
Total liabilities and stockholders’ equity20,858,98320,495,701
Series A Preferred Stock [Member]  
Stockholders’ equity:  
Preferred stock, value$ 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 May 17 2024, market cap of SilverSun Technologies Inc is 82.34 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 May 17 2024, SSNT's PE ratio (Price to Earnings) is -68.08 and Price to Sales (PS) ratio is 1.47. 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 0.626 (multiply by 100 for percentage) rate of return.