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0 0 0.00450372553589828 0.001496229351659 0.00600747362801786 0.00600747362801786 0.00600747362801786 0.00600747362801786
Stock impact report

SilverSun Technologies Reports 2023 Year End Results [Yahoo! Finance]

SilverSun Technologies, Inc. (SSNT) 
NASDAQ:AMEX Investor Relations: ir.silversuntech.co
Company Research Source: Yahoo! Finance
technology solutions and services, today announced its financial and operating results for the fiscal year ended December 31, 2023. Fiscal 2023 Financial Highlights Total revenue was $54,516,941, compared with $44,985,276 in 2021, an increase of 21.2%. Gross profit was $21,613,809, compared with $17,960,736 in 2021, an increase of 20.3%. Earnings before interest, taxes, depreciation, and amortization (EBITDA) plus share-based compensation, were $2,716,154, compared with earnings before interest, taxes, depreciation and amortization plus share-based compensation of $914,280 in 2022, an increase of $1,801,874. The Company incurred an expense of $2,986,107 related to the terminated merger agreement with Rhodium Enterprises. Net loss per share in 2023 (on a diluted basis) was ($0.20), compared to net loss per share of ($0.05) in 2022. As of December 31, 2023, cash totaled $6,143,298, and the Company had $1,241,383 in long term liabilities. For more detailed information abo Show less Read more
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