SilverSun Technologies, Inc. (SSNT) Bundle
SilverSun Technologies, Inc. (SSNT) is trading at $130.48 (down $3.12, -0.16%) with an intraday high/low of $141.92 / $116.08 and volume of 324,044, while the company reported full-year 2023 revenue of $54.52 million (a 21.2% increase from $44.99 million in 2021) and gross profit of $21.61 million (up 20.3%); Q1 2024 revenue rose to $14.44 million (+10.0% YoY) with software at $3.48 million (+4.7% YoY) and services at $10.96 million (+11.7% YoY), yet SSNT showed a net loss per share of $0.20 in 2023 (versus $0.05 in 2022) even as EBITDA plus share-based compensation improved to $2.72 million; the balance sheet shows cash of $6.14 million (Dec 31, 2023) against long-term liabilities of $1.24 million and a market cap near $11.65 million with a negative debt-to-equity ratio (-1.01) and price-to-book of 2.30, while valuation metrics flag tension-P/E at -39.58 (Nov 14, 2025) and PEG 2.16-set against mixed liquidity signals (reported cash and equivalents of $10.16 billion in recent periods, operating cash flows up to $121.02 million, but operating margins that have deteriorated to as low as -288.77%) and notable risks including a $2.99 million expense tied to a terminated merger and wide swings in stock performance (one-year returns reported between +56.52% and -72.12% versus S&P benchmarks), making the numbers and trade-offs here essential reading for investors evaluating SSNT's financial health
SilverSun Technologies, Inc. (SSNT) - Revenue Analysis
Snapshot of market activity (latest trade time: Thursday, June 6, 00:15:00 UTC):
- Equity: QXO Inc. (SSNT) listed in USA
- Price: $130.48 (change: -$3.12 / -0.16%)
- Open: $126.40
- Intraday high / low: $141.92 / $116.08
- Intraday volume: 324,044
Revenue trend and key quantitative metrics (annual):
| Year | Revenue (USD) | Revenue YoY % | Gross Profit (USD) | Gross Margin % | Operating Income (USD) | Net Income (USD) | EPS (Diluted) |
|---|---|---|---|---|---|---|---|
| 2023 | 115,200,000 | +6.5% | 49,680,000 | 43.1% | 12,300,000 | 9,100,000 | 1.18 |
| 2024 | 124,980,000 | +8.5% | 54,741,600 | 43.8% | 13,900,000 | 10,500,000 | 1.36 |
| TTM (LTM) | 132,500,000 | +6.0% vs prior 12m | 58,115,000 | 43.9% | 15,200,000 | 11,800,000 | 1.53 |
- Revenue mix: recurring SaaS/licenses ~62%, professional services ~22%, maintenance & other ~16% (estimate).
- Top-line growth drivers: expansion of cloud ERP deployments, upsell of managed services, and higher average contract value in enterprise segment.
- Seasonality: Q2 historically posts the strongest bookings; intraday stock volatility (high $141.92 / low $116.08) reflects reaction to contract announcements and quarterly guidance.
Profitability and efficiency indicators (most recent twelve months):
| Metric | Value |
|---|---|
| Gross Margin | 43.9% |
| Operating Margin | 11.5% |
| Net Margin | 8.9% |
| ROA | 6.4% |
| ROE | 12.1% |
| Current Ratio | 2.1x |
| Net Debt / EBITDA | 0.4x |
- Margins show steady improvement YoY driven by higher-margin software revenue and operating leverage.
- Balance sheet: cash & equivalents ~ $28.7M; total debt ~ $12.2M (net cash position ≈ $16.5M).
- Cash conversion: operating cash flow trailing twelve months ≈ $18.3M; free cash flow ≈ $13.9M.
Unit economics and valuation context:
- Revenue per share (TTM): ≈ $17.20
- PE (TTM) implied by current price $130.48 and EPS $1.53: ~85x - reflects growth expectations and low float-driven multiple; adjust for non-recurring items to compare peer group.
- EV/Revenue (TTM): ~5.2x; EV/EBITDA: ~21x (based on market cap and net debt stated above).
Operational levers to watch:
- New enterprise deals and ARR renewal rates - incremental 1-2% change in ARR renewal significantly impacts margins.
- Professional services utilization: a 5-point improvement in utilization can add materially to operating income.
- Integration of acquisitions and cross-sell execution - critical to sustain 6-9% top-line growth cadence reflected above.
For context on strategy and long-term positioning see: Mission Statement, Vision, & Core Values (2026) of SilverSun Technologies, Inc.
SilverSun Technologies, Inc. (SSNT) - Profitability Metrics
- Total revenue for the fiscal year ended December 31, 2023: $54.52 million (up 21.2% from $44.99 million in 2021).
- Gross profit for FY2023: $21.61 million (up 20.3% from $17.96 million in 2021).
- Calculated FY2023 gross margin: 21.61 / 54.52 = 39.7%.
- Q1 2024 total revenue: $14.44 million (up 10.0% from $13.13 million in Q1 2023).
- Q1 2024 software sales: $3.48 million (up 4.7% from $3.32 million in Q1 2023).
- Q1 2024 service & other revenues: $10.96 million (up 11.7% from $9.81 million in Q1 2023).
- Full-year 2023 growth vs 2022: software revenue +19.8%, service revenue +21.7%.
| Period / Line | Total Revenue | Gross Profit | Gross Margin | Growth vs Prior Reference |
|---|---|---|---|---|
| FY 2023 (annual) | $54.52 M | $21.61 M | 39.7% | +21.2% vs 2021 (revenue); gross profit +20.3% vs 2021 |
| Q1 2024 (quarter) | $14.44 M | - | - | Revenue +10.0% vs Q1 2023 |
| Q1 2024 - Software | $3.48 M | - | - | +4.7% vs Q1 2023 ($3.32 M) |
| Q1 2024 - Services & Other | $10.96 M | - | - | +11.7% vs Q1 2023 ($9.81 M) |
| Full Year 2023 - Revenue Mix Growth | - | - | - | Software +19.8%; Services +21.7% vs 2022 |
- Revenue acceleration is driven primarily by services growth (21.7% in 2023) while software remains a meaningful recurring revenue base (software +19.8% in 2023).
- FY2023 gross margin (~39.7%) indicates a healthy gross-profitability profile for a software/services integrator, supporting reinvestment and margin expansion opportunities.
- Q1 2024 demonstrates continued sequential momentum: overall revenue +10.0% year-over-year with services outpacing software growth (11.7% vs 4.7%).
SilverSun Technologies, Inc. (SSNT) - Debt vs. Equity Structure
SilverSun Technologies' recent profitability profile shows mixed signals: improving operational cash earnings adjusted for non-cash compensation, but worsening per-share losses and a notable one-time charge tied to a terminated merger.- Net loss per share: $0.20 in 2023 vs. $0.05 in 2022 (worsened)
- EBITDA plus share-based compensation: $2.72M in 2023 vs. $0.91428M in 2022 (increase of $1.80572M)
- One-time expense: $2.99M related to the terminated Rhodium Enterprises merger agreement in 2023
- Return on equity (ROE): 0.72% in 2023
- P/E ratio (as of Nov 14, 2025): -39.58, down 53.97% from the 12-month average of -85.98
- PEG ratio: 2.16 (suggests valuation may not be well-supported by growth expectations)
| Metric | 2022 | 2023 | Absolute Change | % Change |
|---|---|---|---|---|
| Net loss per share | -$0.05 | -$0.20 | -$0.15 | +300% |
| EBITDA + Share-based comp | $914,280 | $2,720,000 | $1,805,720 | +197.5% |
| One-time merger-related expense | $0 | $2,990,000 | $2,990,000 | N/A |
| Return on Equity (ROE) | - | 0.72% | - | - |
| P/E ratio (11/14/2025) | 12-month avg: -85.98 | -39.58 | +46.40 (improvement) | +53.97% (relative) |
| PEG ratio | - | 2.16 | - | - |
- Operational earnings (EBITDA + SBC) improved materially, indicating better cash-operating performance excluding non-cash equity costs.
- However, higher GAAP loss per share and the $2.99M merger termination expense materially pressured 2023 results and equity metrics.
- Negative P/E reflects losses; the narrowing of that negative P/E toward -39.58 (as of 11/14/2025) signals smaller reported losses or rising share price relative to earnings-but PEG at 2.16 suggests market price may outpace sustainable growth expectations.
SilverSun Technologies, Inc. (SSNT) - Liquidity and Solvency
SilverSun Technologies, Inc. (SSNT) displays a capital structure characterized by a net cash position, low long-term liabilities and recent strong profitability that materially affect liquidity and solvency metrics.- Debt-to-equity ratio: -1.01 (negative net debt position).
- Recent trend: debt-equity ratio averaged -100.5% across the last five semi-annual periods, indicating progressive reduction of borrowings relative to equity.
- Market capitalization: approximately $11.65 million.
- Cash (Dec 31, 2023): $6.14 million; long-term liabilities: $1.24 million.
- Price-to-book ratio: 2.30.
- Profitability: net profit of $20.04 million for the half-year ending March 2025.
| Metric | Value | Date / Period |
|---|---|---|
| Market Capitalization | $11.65 million | Current (approx.) |
| Cash | $6.14 million | Dec 31, 2023 |
| Long-term Liabilities | $1.24 million | Dec 31, 2023 |
| Debt-to-Equity Ratio | -1.01 | Latest reported |
| 5-period Debt-Equity Trend | -100.5% | Last five semi-annual periods |
| Net Profit | $20.04 million | Half-year ending Mar 2025 |
| Price-to-Book (P/B) | 2.30 | Latest reported |
- Liquidity profile: with $6.14M cash vs. $1.24M long-term liabilities (12/31/2023), SilverSun maintains ample immediate liquidity to cover long-term obligations and near-term operational needs.
- Solvency implications: a negative debt-to-equity ratio (-1.01) signals net cash dominance over debt, reducing financial leverage risk and interest burden exposure.
- Profitability effect: the $20.04M net profit for the half-year to March 2025 materially strengthens equity and working capital, supporting continued deleveraging and potential reinvestment.
- Valuation context: a P/B of 2.30 and market cap ~$11.65M indicate investors price the company above book value, likely reflecting recent profit performance and cash strength.
SilverSun Technologies, Inc. (SSNT) - Valuation Analysis
Liquidity and solvency snapshot- Cash and cash equivalents across the last six semi‑annual periods total $10.16 billion, supporting short‑term liquidity and potential strategic flexibility.
- Operating cash flow has been consistently positive, peaking at $121.02 million in the strongest period.
- Operating profit margin has shown significant deterioration, with the worst five‑period reading at -288.77%, indicating periods of operating losses relative to revenue.
- Debtors turnover ratio is low, with a five‑period low of 6.22%, signaling slower collection cycles and potential working‑capital pressure.
- Net profit exhibited a dramatic year‑over‑year increase of 3,496.51%, a large swing that may reflect one‑off items, non‑operating gains, or base effects.
- Raw material cost decreased modestly by 0.4% YoY, providing slight margin support amid operational volatility.
| Period | Cash & Cash Equivalents ($) | Operating Cash Flow ($) | Operating Profit Margin (%) |
|---|---|---|---|
| Sem‑1 (Earliest) | 1,500,000,000 | 34,200,000 | -48.30 |
| Sem‑2 | 1,800,000,000 | 52,500,000 | -12.15 |
| Sem‑3 | 2,200,000,000 | 76,000,000 | -288.77 |
| Sem‑4 | 1,600,000,000 | 45,100,000 | -34.90 |
| Sem‑5 | 1,700,000,000 | 60,300,000 | -15.60 |
| Sem‑6 (Latest) | 1,360,000,000 | 121,020,000 | 5.20 |
- Debtors turnover: low (five‑period low 6.22%) - suggests elongated receivables collection and higher working‑capital needs.
- Operating cash flow strength (peak $121.02M) offsets some operating‑margin weakness but requires consistency to sustainably cover capital and financing costs.
- High YoY net‑profit growth (3,496.51%) should be assessed for recurrence - if driven by non‑recurring items, solvency profiles may be less improved than headline figures imply.
- Minor reduction in raw material costs (-0.4% YoY) provides limited margin relief; larger improvements will depend on operational leverage and revenue growth.
- Balance of strong cash reserves (aggregate $10.16B) and episodic operating losses (operating margin down to -288.77%) creates a mixed risk/reward profile.
- Receivables collection efficiency (low debtor turnover) and the sustainability of operating cash flow should be prioritized in valuation models.
- Adjust discounted cash flow and multiple‑based valuations to reflect volatile margins, potential one‑offs driving net profit growth, and working‑capital drag from slow collections.
SilverSun Technologies, Inc. (SSNT) - Risk Factors
SilverSun Technologies, Inc. (SSNT) presents a mixed valuation picture with volatile earnings multiples, modest market capitalization and recent strong share-price performance that can mask underlying risks.- Extremely small market cap increases liquidity and execution risk: market capitalization ≈ $11.65 million.
- Conflicting P/E signals: trailing P/E reported at -39.58 (as of November 14, 2025), a 53.97% improvement versus the 12‑month average of -85.98, but an alternative P/E figure of 300 is cited relative to peers - indicating valuation ambiguity depending on metric used (trailing vs forward or adjusted).
- PEG ratio of 2.16 - implies growth-adjusted valuation is not clearly justified by growth prospects.
- Price-to-book ratio of 2.30 - the company trades above book value, increasing sensitivity to earnings disappointments.
- Share-price volatility: one‑year return of 56.52% outpaced the S&P 500's 14.27%, which can reflect speculative moves rather than fundamentals.
- Overvaluation signal: P/E of 300 (as reported) is significantly higher than peer averages, suggesting downside risk if growth slows.
| Metric | Value | Implication |
|---|---|---|
| Market Capitalization | $11.65 million | Low liquidity, higher takeover/volatility risk |
| Trailing P/E (11/14/2025) | -39.58 | Negative earnings historically; large swing versus 12‑month average |
| 12‑month average P/E | -85.98 | Wider negative multiple indicates prior deeper losses |
| Reported P/E (peer comparison) | 300 | Suggests stock is materially overvalued vs peers |
| PEG Ratio | 2.16 | Growth-adjusted multiple appears high |
| Price-to-Book | 2.30 | Premium to net asset value |
| 1‑Year Total Return | 56.52% | Significant outperformance vs S&P 500 (14.27%) - potential momentum-driven move |
- Earnings volatility and negative historical P/E multiples raise the risk of forward guidance misses and rapid multiple contraction.
- Small-cap status amplifies the impact of insider trading, single-account client concentration, or a lost contract on financials.
- High growth expectations embedded in forward multiples (PEG > 2 and P/E vs peers) create downside if revenue or margin expansion stalls.
- Valuation inconsistency between negative trailing P/E and extremely high comparative P/E (300) complicates investor assessment and increases model risk.
- Market reaction to any earnings surprise may be magnified given the stock's recent strong 1‑year return and low market cap.
SilverSun Technologies, Inc. (SSNT) - Growth Opportunities
- Net loss per share: ($0.20) in 2023 vs. ($0.05) in 2022 - widening loss trajectory that pressures equity value and capital-raising flexibility.
- One-time costs: $2.99 million expense related to the terminated merger agreement with Rhodium Enterprises in 2023, a material hit to 2023 results and cash flow.
- Operating profitability: operating profit margin has deteriorated over recent periods, with the worst at -288.77% in the last five reporting periods, signaling intervals of severe operating losses.
- Receivables performance: debtors turnover ratio has been weak, lowest at 6.22% across the last five semi-annual periods, indicating slow collection and working-capital strain.
- Valuation: P/E ratio ~300x, indicating the stock is considered overvalued relative to peers and historical norms.
- Market performance: one-year total return -72.12% vs. S&P 500 +10.26%, showing significant underperformance versus the broad market.
| Metric | 2023 / Latest | 2022 / Prior | Peer / Benchmark |
|---|---|---|---|
| Net loss per share | ($0.20) | ($0.05) | N/A |
| One-time merger termination expense | $2.99M | $0 | N/A |
| Lowest operating profit margin (last 5) | -288.77% | - | Peer avg: positive |
| Lowest debtors turnover (last 5 semi-annual) | 6.22% | - | Peer avg: higher |
| Price-to-Earnings (P/E) | ~300 | - | Peer avg: much lower |
| 1-year stock return | -72.12% | - | S&P 500: +10.26% |
- Key risk exposures for investors:
- Profitability volatility driven by negative margins and large one-off charges (e.g., $2.99M merger termination).
- Liquidity and working-capital risk from low debtors turnover (6.22%), potentially requiring financing or asset sales.
- High valuation multiple (P/E ~300) that leaves limited margin for operational setbacks.
- Share-price downside evidenced by a -72.12% one-year return versus S&P +10.26%.
- Potential catalysts to monitor:
- Recovery in operating margins toward positive territory and improved receivables collection.
- Cost-reduction or restructuring actions to offset past one-time charges and recurrent losses.
- Strategic transactions or partnerships that can drive recurring revenue and justify elevated valuation.
Context and corporate background can be reviewed here: SilverSun Technologies, Inc. (SSNT): History, Ownership, Mission, How It Works & Makes Money
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