Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 25.46M | 25.37M | 24.96M | 23.87M | 14.88M | 9.32M |
Gross Profit | 11.13M | 11.10M | 9.58M | 8.08M | 6.42M | 3.90M |
EBITDA | 808.30K | 2.11M | 1.82M | -2.85M | 1.27M | 1.48M |
Net Income | -298.62K | 523.21K | 381.57K | -4.36M | 267.84K | -325.59K |
Balance Sheet | ||||||
Total Assets | 24.42M | 25.28M | 23.30M | 24.09M | 26.33M | 7.75M |
Cash, Cash Equivalents and Short-Term Investments | 11.12M | 12.33M | 12.75M | 11.30M | 12.14M | 893.60K |
Total Debt | 574.18K | 673.45K | 601.47K | 1.65M | 2.01M | 3.27M |
Total Liabilities | 3.19M | 4.11M | 3.55M | 5.14M | 3.72M | 5.83M |
Stockholders Equity | 21.47M | 21.42M | 19.99M | 19.10M | 22.72M | 2.02M |
Cash Flow | ||||||
Free Cash Flow | -718.79K | -60.27K | 2.33M | 536.54K | -816.52K | 929.61K |
Operating Cash Flow | 657.81K | 1.74M | 3.87M | 663.80K | -360.69K | 1.11M |
Investing Cash Flow | -672.78K | -1.74M | -3.85M | -9.14M | -6.42M | -181.07K |
Financing Cash Flow | -161.06K | -352.96K | -878.79K | -1.37M | 18.02M | -362.57K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
63 Neutral | $33.04M | 180.23 | -1.42% | ― | 0.53% | -233.01% | |
61 Neutral | $39.08M | 14.07 | 16.71% | ― | 4.44% | ― | |
55 Neutral | $47.81M | ― | -15.98% | ― | 16.25% | 41.38% | |
54 Neutral | $296.98M | 2.85 | -5.40% | 2.80% | 5.71% | -76.50% | |
49 Neutral | $29.51M | ― | -1.97% | ― | 5.81% | 55.03% | |
― | $29.26M | 4.21 | 1.41% | ― | ― | ― | |
45 Neutral | $51.55M | ― | ― | ― | ― |
On August 8, 2025, Data Storage Corporation filed a definitive proxy statement with the SEC for its upcoming annual stockholders meeting on September 10, 2025. The meeting will address the proposed divestiture of its cloud solutions business, which includes selling all assets of its subsidiary, CloudFirst Technologies Corporation, and CloudFirst Europe Ltd. The company received letters from shareholders demanding additional disclosures regarding the divestiture, claiming omissions in the proxy statement. To avoid potential legal disputes and delays, Data Storage Corporation decided to voluntarily provide supplemental disclosures, although it maintains that the original disclosures were sufficient.
On July 11, 2025, Data Storage Corporation entered into an agreement to sell the assets of its subsidiary, CloudFirst Technologies Corporation, to Total Server Solutions Holdings, LLC for $40 million. This divestiture, subject to shareholder approval at the annual meeting on September 10, 2025, aims to accelerate CloudFirst’s growth in a private setting and allow Data Storage to pursue strategic opportunities in high-growth sectors. The transaction will result in CloudFirst joining Performive, backed by Renovus Capital Partners, while Data Storage plans to use the proceeds for a tender offer to repurchase up to 85% of its outstanding shares and invest in sectors like AI-enabled SaaS, cybersecurity, and healthcare automation.