SSNT
SilverSun Technologies, Inc. [SSNT] Stock Forecast
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SSNT Stock: 7 Things to Know About the SilverSun Acquisition That Has Shares Soaring
SWK Technologies, a subsidiary of SilverSun, has plans to acquire Acumatica. Shares of SSNT stock soared 70% in response.
SilverSun Technologies (SSNT) Stock: Why The Price Surged Today
The stock price of SilverSun Technologies Inc (NASDAQ: SSNT) increased by over 30% during intraday trading today. This is why it happened.
SilverSun Technologies Reports Second Quarter 2021 Results
EAST HANOVER, NJ / ACCESSWIRE / August 10, 2021 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced its second quarter results for the three and six months ended June 30, 2021. Financial Highlights for Three Months Ended June 30, 2021 Compared to Three Months Ended June 30, 2020: Revenues increased to $10,229,209, increasing 5.8% from $9,672,945.
Why SilverSun Technologies Shares Are Surging Today
SilverSun Technologies (NASDAQ:SSNT) shares are trading higher by 18% at $10 after the company announced a cash dividend. The Board of Directors for SilverSun Technologies declared a special cash dividend of 60 cents per share.
SilverSun Technologies Announces Cash Dividend
EAST HANOVER, NJ / ACCESSWIRE / June 22, 2021 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced that its Board of Directors has declared a special cash dividend on the Company's common stock of $0.60 per share. The record date will be July 9, 2021, and the payment date will be July 16, 2021.
SilverSun Technologies' Subsidiary Receives Avalara Top Partner Award
SWK Technologies Recognized for Sales Excellence EAST HANOVER, NJ / ACCESSWIRE / June 4, 2021 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced that its wholly-owned subsidiary, SWK Technologies, Inc., has received the Avalara Top Partner Award for 2021 in the systems integrator category. The Avalara Partner Awards recognize Avalara partners that have gone above and beyond in areas including sales, customer satisfaction, integration, and implementation.
SilverSun Technologies Reports First Quarter 2021 Results
EAST HANOVER, NJ / ACCESSWIRE / May 11, 2021 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced its first quarter results for the three months ended March 31, 2021. Financial Highlights for Three Months Ended March 31, 2021 As Compared to Three Months Ended March 31, 2020: Total revenue was $10,879,468, compared with $10,079,524, an increase of 7.9%.
SilverSun Technologies' Subsidiary Named to ChannelE2E Top 100 Vertical Market MSPs: 2021 Edition
Sixth-Annual List Reveals Leading MSPs In Healthcare, Legal, Government, Financial Services & More EAST HANOVER, NJ / ACCESSWIRE / May 3, 2021 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced that its wholly-owned subsidiary, SWK Technologies, Inc. , has been named to After Nines Inc.'s ChannelE2E Top 100 Vertical Market MSPs list and research (http://www.channelE2E.com/top100) for 2021. The annual list and research (hashtag: #MSP100) identify and honor the top 100 managed services providers (MSPs) in healthcare, legal, government, financial services, manufacturing and additional vertical markets.
SilverSun Technologies Establishes IT Security and Compliance Division
EAST HANOVER, NJ / ACCESSWIRE / April 7, 2021 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business software applications and managed IT services, announced today that its wholly-owned subsidiary, SWK Technologies, Inc., has established an IT security and compliance division. The new practice will assist SWK's 5000+ customers in achieving compliance goals to meet or exceed regulatory compliance obligations.
SilverSun Technologies Signs Letter of Intent to Acquire Human Capital Management Division of PeopleSense
EAST HANOVER, NJ / ACCESSWIRE / March 30, 2021 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business software applications and managed IT services, announced today that its wholly-owned subsidiary, SWK Technologies, Inc., has signed a letter of intent to acquire the human capital management ("HCM") division of PeopleSense, Inc. ("PS") , a leading Chicago-based reseller of Sage Software's human resource management solutions. Over the last 18 years, PeopleSense has implemented HCM solutions to clientele spanning over half of the United States, Canada, Puerto Rico and the U.S. Virgin Islands.
SSNT Financial details
SSNT Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
| Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| Revenue per share | 9.11 | 8.55 | 9.16 | 8.3 | 8.71 | |
| Net income per share | 0.06 | -0.33 | 0.04 | -0.03 | -0.05 | |
| Operating cash flow per share | 0.29 | -0.09 | 0.38 | 0.04 | 0.39 | |
| Free cash flow per share | 0.12 | -0.12 | 0.36 | 0.02 | 0.39 | |
| Cash per share | 0.42 | 1.92 | 1.47 | 1.36 | 1.55 | |
| Book value per share | 0.96 | 1.98 | 1.62 | 1.86 | 1.85 | |
| Tangible book value per share | -0.11 | 1.2 | 0.7 | 0.97 | 0.8 | |
| Share holders equity per share | 0.96 | 1.98 | 1.62 | 1.86 | 1.85 | |
| Interest debt per share | 0.39 | -1.23 | 0.68 | 0.46 | 0.48 | |
| Market cap | 10.44M | 19.58M | 12.87M | 22.47M | 15.29M | |
| Enterprise value | 10.23M | 13.15M | 9.32M | 17.94M | 9.69M | |
| P/E ratio | 39.78 | -13.34 | 73.29 | -167.13 | -54.19 | |
| Price to sales ratio | 0.25 | 0.51 | 0.31 | 0.54 | 0.34 | |
| POCF ratio | 8.06 | -49.27 | 7.45 | 99.4 | 7.5 | |
| PFCF ratio | 19.66 | -35.61 | 8.02 | 201.92 | 7.65 | |
| P/B Ratio | 2.41 | 2.2 | 1.77 | 2.4 | 1.6 | |
| PTB ratio | 2.41 | 2.2 | 1.77 | 2.4 | 1.6 | |
| EV to sales | 0.25 | 0.34 | 0.23 | 0.43 | 0.22 | |
| Enterprise value over EBITDA | 9.17 | -26.25 | 6.86 | 15.42 | 7.07 | |
| EV to operating cash flow | 7.9 | -33.1 | 5.39 | 79.37 | 4.75 | |
| EV to free cash flow | 19.26 | -23.92 | 5.81 | 161.23 | 4.84 | |
| Earnings yield | 0.03 | -0.07 | 0.01 | -0.01 | -0.02 | |
| Free cash flow yield | 0.05 | -0.03 | 0.12 | 0 | 0.13 | |
| Debt to equity | 1.71 | 1.13 | 1.18 | 0.92 | 1.24 | |
| Debt to assets | 0.63 | 0.53 | 0.54 | 0.48 | 0.55 | |
| Net debt to EBITDA | -0.19 | 12.82 | -2.62 | -3.89 | -4.09 | |
| Current ratio | 0.78 | 1.5 | 1.28 | 1.45 | 1.27 | |
| Interest coverage | 9.9 | 0.21 | 16.41 | -4.94 | -4.33 | |
| Income quality | 4.93 | 0.27 | 9.84 | -1.68 | -7.22 | |
| Dividend Yield | 0 | 0.01 | 0.31 | 0.14 | 0 | |
| Payout ratio | 0 | -0.15 | 23.06 | -22.92 | 0 | |
| Sales general and administrative to revenue | 0.22 | 0.23 | 0.2 | 0.24 | 0.21 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.41 | 0.18 | 0.26 | 0.25 | 0.25 | |
| Capex to operating cash flow | -0.59 | 0.38 | -0.07 | -0.51 | -0.02 | |
| Capex to revenue | -0.02 | 0 | 0 | 0 | 0 | |
| Capex to depreciation | -1.09 | -0.16 | -0.11 | -0.08 | -0.02 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0.01 | 0 | |
| Graham number | 1.12 | 3.81 | 1.19 | 1.06 | 1.51 | |
| ROIC | 0.05 | 2.22 | 0.21 | 0.31 | -0.11 | |
| Return on tangible assets | 0.04 | -0.09 | 0.01 | -0.01 | -0.02 | |
| Graham Net | -0.8 | 0.33 | -0.18 | -0.03 | -0.37 | |
| Working capital | -1.35M | 4.32M | 1.9M | 3.32M | 2.95M | |
| Tangible asset value | -504.5K | 5.4M | 3.14M | 4.85M | 4.15M | |
| Net current asset value | -2.52M | 2.92M | 7.13K | 2.07M | 1.81M | |
| Invested capital | 0.39 | 0.25 | 0.42 | 0.24 | 0.25 | |
| Average receivables | 2.66M | 3.21M | 2.75M | 1.92M | 2.41M | |
| Average payables | 2.06M | 2.12M | 2.04M | 1.96M | 2.66M | |
| Average inventory | 0 | 0 | 0 | 0 | 0 | |
| Days sales outstanding | 22.71 | 36.62 | 14.45 | 19.35 | 21.1 | |
| Days payables outstanding | 30.74 | 33.87 | 27.78 | 30.37 | 44.2 | |
| Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
| Receivables turnover | 16.07 | 9.97 | 25.25 | 18.86 | 17.3 | |
| Payables turnover | 11.87 | 10.78 | 13.14 | 12.02 | 8.26 | |
| Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
| ROE | 0.06 | -0.17 | 0.02 | -0.01 | -0.03 | |
| Capex per share | -0.17 | -0.03 | -0.03 | -0.02 | -0.01 |
Quarterly Fundamentals Overview
Last date of statement is 2023-03-31 for Q1
| Metric | History | 2022-03-31 | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 |
|---|---|---|---|---|---|---|
| Revenue per share | 2.15 | 2.07 | 2.13 | 2.4 | 2.5 | |
| Net income per share | -0.01 | -0.02 | -0.03 | 0 | 0.05 | |
| Operating cash flow per share | 0 | -0.09 | 0.31 | 0.18 | -0.15 | |
| Free cash flow per share | -0.01 | -0.09 | 0.31 | 0.18 | -0.15 | |
| Cash per share | 1.26 | 1.14 | 1.41 | 1.55 | 1.31 | |
| Book value per share | 1.82 | 1.81 | 1.86 | 1.85 | 1.88 | |
| Tangible book value per share | 0.66 | 0.69 | 0.77 | 0.8 | 0.88 | |
| Share holders equity per share | 1.82 | 1.81 | 1.86 | 1.85 | 1.88 | |
| Interest debt per share | 0.53 | 0.58 | 0.52 | 0.47 | 0.42 | |
| Market cap | 16.74M | 13.92M | 14.43M | 15.29M | 16.03M | |
| Enterprise value | 12.95M | 11.01M | 9.83M | 9.69M | 11.33M | |
| P/E ratio | -102.96 | -39.65 | -26.88 | -195.48 | 14.44 | |
| Price to sales ratio | 1.52 | 1.31 | 1.32 | 1.23 | 1.22 | |
| POCF ratio | -2.03K | -29.18 | 8.95 | 16.79 | -20.47 | |
| PFCF ratio | -431.61 | -29.18 | 9 | 16.79 | -20.34 | |
| P/B Ratio | 1.79 | 1.49 | 1.51 | 1.6 | 1.62 | |
| PTB ratio | 1.79 | 1.49 | 1.51 | 1.6 | 1.62 | |
| EV to sales | 1.18 | 1.03 | 0.9 | 0.78 | 0.86 | |
| Enterprise value over EBITDA | 20.57 | 37.2 | 37.17 | 53.75 | 15.66 | |
| EV to operating cash flow | -1.57K | -23.08 | 6.09 | 10.63 | -14.47 | |
| EV to free cash flow | -333.93 | -23.08 | 6.12 | 10.63 | -14.37 | |
| Earnings yield | 0 | -0.01 | -0.01 | 0 | 0.02 | |
| Free cash flow yield | 0 | -0.03 | 0.11 | 0.06 | -0.05 | |
| Debt to equity | 0.99 | 0.96 | 1.1 | 1.24 | 1.14 | |
| Debt to assets | 0.5 | 0.49 | 0.52 | 0.55 | 0.53 | |
| Net debt to EBITDA | -6.02 | -9.83 | -17.43 | -31.13 | -6.5 | |
| Current ratio | 1.34 | 1.38 | 1.32 | 1.27 | 1.33 | |
| Interest coverage | -1.05 | -3.33 | -4.96 | -7.44 | 21.42 | |
| Income quality | 0.2 | 5.44 | -12.01 | -46.58 | -2.82 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0.24 | 0.2 | 0.21 | 0.21 | 0.2 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.32 | 0.31 | 0.28 | 0.25 | 0.25 | |
| Capex to operating cash flow | 3.7 | 0 | -0.01 | 0 | 0.01 | |
| Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
| Capex to depreciation | -0.05 | 0 | -0.02 | 0 | -0.01 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
| Graham number | 0.57 | 0.84 | 1.04 | 0.4 | 1.49 | |
| ROIC | -0.01 | -0.01 | -0.04 | -0.01 | 0.06 | |
| Return on tangible assets | 0 | -0.01 | -0.01 | 0 | 0.02 | |
| Graham Net | -0.2 | -0.23 | -0.24 | -0.37 | -0.38 | |
| Working capital | 2.64M | 2.75M | 2.93M | 2.95M | 3.36M | |
| Tangible asset value | 3.41M | 3.56M | 3.96M | 4.15M | 4.63M | |
| Net current asset value | 1.06M | 959.3K | 1.56M | 1.81M | 2.35M | |
| Invested capital | 0.29 | 0.32 | 0.28 | 0.25 | 0.22 | |
| Average receivables | 2.16M | 2.49M | 2.62M | 2.62M | 2.88M | |
| Average payables | 2.06M | 2.01M | 2.24M | 2.91M | 3.06M | |
| Average inventory | 0 | 0 | 0 | 0 | 0 | |
| Days sales outstanding | 19.46 | 21.92 | 21.76 | 18.86 | 21.72 | |
| Days payables outstanding | 29.54 | 26.85 | 35.32 | 38.22 | 32.97 | |
| Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
| Receivables turnover | 4.62 | 4.11 | 4.14 | 4.77 | 4.14 | |
| Payables turnover | 3.05 | 3.35 | 2.55 | 2.35 | 2.73 | |
| Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
| ROE | 0 | -0.01 | -0.01 | 0 | 0.03 | |
| Capex per share | -0.01 | 0 | 0 | 0 | 0 |
SSNT Frequently Asked Questions
What is SilverSun Technologies, Inc. stock symbol ?
SilverSun Technologies, Inc. is a US stock , located in East hanover of Nj and trading under the symbol SSNT
What is SilverSun Technologies, Inc. stock quote today ?
SilverSun Technologies, Inc. stock price is $3.11 today.
Is SilverSun Technologies, Inc. stock public?
Yes, SilverSun Technologies, Inc. is a publicly traded company.
Company Profile
- Volume Average 5.64K
- Market Capitalization 16.71M
- Employee 172
- CEO Mr. Mark Meller
- Headquarters East Hanover,NJ,US
- IPO Date 2004-03-05
-
Website
https://www.silversuntech.com 
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, managed services, 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 services, specialized programming, training, and technical support. In addition, the company provides managed, cybersecurity, business continuity, disaster recovery, data back-up, network maintenance and service upgrades, and application hosting 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.
