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SilverSun Technologies, Inc. (SSNT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Service        29.423.4
    Product        4.74.2
Total revenues   [+]45.041.741.238.536.134.934.127.6
            Revenue growth   [+]7.9%1.2%7.1%6.6%3.6%2.1%23.4%28.8%
Cost of goods sold   [+]27.024.524.623.822.221.021.416.8
Gross profit  18.017.216.614.713.913.912.710.8
            Gross margin  39.9%41.3%40.2%38.1%38.4%39.8%37.3%39.2%
Selling, general and administrative   [+]17.216.115.615.614.312.210.79.9
Research and development          
Other operating expenses  0.20.40.0-10.30.10.10.00.1
EBITDA   [+]0.70.60.99.4-0.51.62.00.8
            EBITDA margin  1.6%1.5%2.3%24.3%-1.4%4.5%5.7%3.0%
Depreciation  0.40.30.30.30.30.30.20.2
EBITA  0.30.30.69.0-0.81.31.70.7
            EBITA margin  0.8%0.7%1.5%23.4%-2.3%3.7%5.0%2.5%
Amortization of intangibles  0.70.50.40.40.30.40.50.3
EBIT   [+]-0.4-0.20.28.6-1.20.91.30.4
            EBIT margin  -0.9%-0.6%0.5%22.4%-3.2%2.7%3.7%1.3%
Non-recurring items   [+]   10.5    
Interest expense  0.10.00.00.00.00.00.10.1
Other income (expense), net   [+] 0.30.00.0  0.00.1
Pre-tax income  -0.50.00.2-1.9-1.20.91.20.4
Income taxes  -0.20.20.0-0.5-0.31.4-2.20.1
            Tax rate  40.5%408.5%21.2%23.7%23.4%153.6% 13.8%
Earnings from continuing ops  -0.3-0.10.2-1.5-0.9-0.53.40.4
Earnings from discontinued ops     8.31.2   
Net income  -0.3-0.10.26.80.3-0.53.40.4
            Net margin  -0.6%-0.3%0.4%17.6%0.7%-1.4%10.1%1.4%
   
Basic EPS   [+]($0.05)($0.03)$0.04($0.33)($0.20)($0.11)$0.78$0.09
Diluted EPS   [+]($0.05)($0.03)$0.04($0.33)($0.20)($0.11)$0.77$0.09
   
Dividends per share   [+] $0.61$0.90$0.05 $0.08$0.06 
   
Shares outstanding (basic)   [+]5.25.04.54.54.54.54.44.3
Shares outstanding (diluted)   [+]5.25.04.54.54.54.54.54.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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