SilverSun Technologies Past Earnings Performance
Past criteria checks 0/6
SilverSun Technologies has been growing earnings at an average annual rate of 18.2%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 6.9% per year.
Key information
18.2%
Earnings growth rate
22.0%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 6.9% |
| Return on equity | -14.3% |
| Net Margin | -2.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
SilverSun Technologies (NASDAQ:SSNT) Might Have The Makings Of A Multi-Bagger
Aug 11
Estimating The Intrinsic Value Of SilverSun Technologies, Inc. (NASDAQ:SSNT)
Aug 25SilverSun Technologies GAAP EPS of -$0.02, revenue of $10.64M
Aug 12Is SilverSun Technologies (NASDAQ:SSNT) Using Debt In A Risky Way?
Jun 25Investors Could Be Concerned With SilverSun Technologies' (NASDAQ:SSNT) Returns On Capital
Mar 08SilverSun Technologies (NASDAQ:SSNT) Could Be Struggling To Allocate Capital
Oct 28SilverSun Technologies (NASDAQ:SSNT) Is Experiencing Growth In Returns On Capital
Jun 28A Look At The Intrinsic Value Of SilverSun Technologies, Inc. (NASDAQ:SSNT)
Mar 31Have Insiders Been Selling SilverSun Technologies, Inc. (NASDAQ:SSNT) Shares?
Dec 30
SilverSun Technologies reports Q3 results
Nov 10Revenue & Expenses BreakdownBeta
How SilverSun Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 55 | -1 | 19 | 0 |
| 30 Sep 23 | 52 | -2 | 19 | 0 |
| 30 Jun 23 | 50 | 0 | 18 | 0 |
| 31 Mar 23 | 47 | 0 | 18 | 0 |
| 31 Dec 22 | 45 | 0 | 17 | 0 |
| 30 Sep 22 | 43 | -1 | 17 | 0 |
| 30 Jun 22 | 42 | -1 | 17 | 0 |
| 31 Mar 22 | 42 | -1 | 17 | 0 |
| 31 Dec 21 | 42 | 0 | 17 | 0 |
| 30 Sep 21 | 43 | 1 | 16 | 0 |
| 30 Jun 21 | 43 | 1 | 16 | 0 |
| 31 Mar 21 | 42 | 1 | 16 | 0 |
| 31 Dec 20 | 41 | 0 | 16 | 0 |
| 30 Sep 20 | 40 | 0 | 15 | 0 |
| 30 Jun 20 | 40 | -1 | 16 | 0 |
| 31 Mar 20 | 39 | -2 | 16 | 0 |
| 31 Dec 19 | 39 | -1 | 16 | 0 |
| 30 Sep 19 | 38 | -2 | 16 | 0 |
| 30 Jun 19 | 38 | -1 | 15 | 0 |
| 31 Mar 19 | 36 | -1 | 14 | 0 |
| 31 Dec 18 | 36 | -1 | 14 | 0 |
| 30 Sep 18 | 35 | -2 | 14 | 0 |
| 30 Jun 18 | 35 | -1 | 13 | 0 |
| 31 Mar 18 | 36 | -1 | 13 | 0 |
| 31 Dec 17 | 35 | 0 | 12 | 0 |
| 30 Sep 17 | 34 | 1 | 12 | 0 |
| 30 Jun 17 | 34 | 3 | 11 | 0 |
| 31 Mar 17 | 34 | 4 | 11 | 0 |
| 31 Dec 16 | 34 | 3 | 11 | 0 |
| 30 Sep 16 | 34 | 3 | 11 | 0 |
| 30 Jun 16 | 32 | 0 | 11 | 0 |
| 31 Mar 16 | 29 | 0 | 10 | 0 |
| 31 Dec 15 | 28 | 0 | 10 | 0 |
| 30 Sep 15 | 25 | 0 | 9 | 0 |
| 30 Jun 15 | 24 | 1 | 8 | 0 |
| 31 Mar 15 | 23 | 1 | 8 | 0 |
| 31 Dec 14 | 21 | 0 | 8 | 0 |
| 30 Sep 14 | 21 | 1 | 8 | 0 |
| 30 Jun 14 | 20 | 0 | 7 | 0 |
| 31 Mar 14 | 18 | 0 | 7 | 0 |
| 31 Dec 13 | 17 | 0 | 6 | 0 |
| 30 Sep 13 | 16 | 0 | 6 | 0 |
| 30 Jun 13 | 15 | 0 | 6 | 0 |
Quality Earnings: SSNT is currently unprofitable.
Growing Profit Margin: SSNT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SSNT is unprofitable, but has reduced losses over the past 5 years at a rate of 18.2% per year.
Accelerating Growth: Unable to compare SSNT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SSNT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (24.9%).
Return on Equity
High ROE: SSNT has a negative Return on Equity (-14.32%), as it is currently unprofitable.