Data Storage Corp DTST
"we," "us," "our" and the "Company") has been a leading provider of multi-cloud hosting,
fully managed cloud services, disaster recovery, cybersecurity, IT automation, and voice & data solutions for more than twenty years.
Following the sale of our cloud solutions business on September 11, 2025, which consisted of the operations of our subsidiaries, CloudFirst
Technologies Corporation and CloudFirst Europe Ltd., there has been a strategic shift in our operations. We continue to operate our subsidiary,
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4M | $1.2M | $25.0M | $23.9M | $14.9M | $9.3M | $8.5M | $8.9M | $8.3M | $4.4M |
| Cost of revenue | $768.6K | $692.0K | $15.4M | $15.8M | $8.5M | $5.4M | $4.7M | $5.4M | $4.9M | $3.1M |
| Gross profit | $614.3K | $527.2K | $9.6M | $8.1M | $6.4M | $3.9M | $3.7M | $3.5M | $3.3M | $1.3M |
| SG&A | $4.2M | $3.8M | $9.7M | $9.8M | $7.2M | $3.9M | $3.5M | $3.1M | $3.4M | $1.9M |
| Total operating expenses | — | $11.0M | $9.7M | $12.2M | $7.2M | — | — | — | — | — |
| Operating income | -$3.6M | -$3.3M | -$168.4K | -$4.1M | -$767.1K | -$1.1K | $206.5K | $335.4K | -$84.8K | -$632.9K |
| Interest expense | — | $119.0K | $74.5K | $141.1K | $126.7K | $175.6K | $177.5K | $98.8K | $106.9K | $228.3K |
| Pre-tax income | -$2.7M | -$2.7M | $299.3K | -$4.4M | -$139.7K | $173.4K | $29.3K | $236.7K | -$188.5K | -$925.7K |
| Income tax | $1.9M | $39.0K | — | — | $399.6K | — | — | — | — | — |
| Net income | $19.2M | $513.1K | $381.6K | -$4.4M | $267.8K | $200.0K | $69.9K | $259.8K | -$184.1K | -$925.7K |
| EPS, basic | 2.64 | 0.08 | 0.06 | -0.64 | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 | — |
| EPS, diluted | 2.64 | 0.08 | 0.05 | -0.64 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | -0.02 |
| Shares, diluted (wtd. avg.) | 7.3M | 6.9M | 7.4M | 6.8M | 6.3M | 3.4M | 128.2M | 131.9M | 128.1M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.0M | $1.1M | $1.4M | $2.3M | $12.1M | $893.6K | $326.6K | $228.8K | $105.1K | $255.8K |
| Short-term investments | $39.0M | $11.3M | $11.3M | $9.0M | — | — | — | — | — | — |
| Receivables | $34.6K | $59.0K | $1.3M | $3.5M | $2.4M | $554.6K | $691.4K | $531.2K | $406.4K | $807.5K |
| Total current assets | $42.6M | $15.4M | $14.5M | $15.4M | $15.1M | $1.7M | $1.1M | $927.9K | $631.7K | $1.3M |
| Property, plant and equipment | — | $3.4M | $2.7M | $2.2M | $1.9M | $2.3M | $2.2M | $1.3M | $1.6M | $178.7K |
| Goodwill | — | $4.2M | $4.2M | $4.2M | $6.6M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M |
| Other intangibles | — | $1.4M | $1.7M | $2.0M | $2.3M | $455.9K | $649.9K | $846.7K | $1.0M | $1.3M |
| Total assets | $43.0M | $25.3M | $23.3M | $24.1M | $26.3M | $7.8M | $7.3M | $6.1M | $6.4M | $5.8M |
| Accounts payable | $842.5K | $588.6K | $2.6M | $3.2M | $1.3M | $979.6K | $906.7K | $988.6K | $1.1M | $374.8K |
| Total current liabilities | $2.0M | $3.5M | $3.5M | $4.5M | $3.0M | $4.4M | $3.7M | $3.1M | $3.6M | $3.8M |
| Long-term debt | — | — | — | — | — | $107.1K | — | — | $286.8K | — |
| Total liabilities | $2.3M | $4.1M | $3.5M | $5.1M | $3.7M | $5.8M | $5.6M | $4.4M | $4.8M | $4.1M |
| Retained earnings | $222.1K | -$19.0M | -$19.5M | -$19.9M | -$15.5M | -$15.7M | -$15.8M | -$15.7M | -$15.9M | -$15.6M |
| Total equity | $40.9M | $21.4M | $19.8M | $18.9M | $22.6M | $1.9M | $1.7M | $1.8M | $1.6M | -$1.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3.2M | $1.7M | $3.9M | $663.8K | -$360.7K | $1.1M | $799.7K | $541.3K | $478.7K | $57.1K |
| Depreciation and amortisation | $5.2K | $1.6K | $1.3M | $1.2M | $1.3M | $1.0M | $896.7K | $602.5K | $614.4K | $221.6K |
| Stock-based compensation | $1.0M | $499.0K | $506.2K | $734.5K | $171.8K | $158.7K | $41.3K | $32.0K | $183.7K | $48.6K |
| Capital expenditure | $16.0K | $2.1K | $1.5M | $127.3K | $455.8K | $181.1K | $40.4K | — | — | — |
| Investing cash flow | $6.9M | -$1.7M | -$3.9M | -$9.1M | -$6.4M | -$181.1K | -$40.4K | -$69.8K | — | $241.6K |
| Financing cash flow | -$1.3M | -$353.0K | -$878.8K | -$1.4M | $18.0M | -$362.6K | -$661.5K | -$347.9K | -$629.4K | -$110.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001731122-26-000564.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.4M | $8.3M | $8.9M | $8.5M | $9.3M | $14.9M | $23.9M | $25.0M | $1.2M | $1.4M |
| Gross profit | $1.3M | $3.3M | $3.5M | $3.7M | $3.9M | $6.4M | $8.1M | $9.6M | $527.2K | $614.3K |
| Net income | -$925.7K | -$184.1K | $259.8K | $69.9K | $200.0K | $267.8K | -$4.4M | $381.6K | $513.1K | $19.2M |
Recent filings and events
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7374
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| ADP | AUTOMATIC DATA PROCESSING INC | $120.83B | 27.8x | 6.7% |
| WDAY | Workday, Inc. | $51.49B | 81.1x | 13.1% |
| RDDT | Reddit, Inc. | $27.75B | 55.1x | 69.4% |
| VRSK | Verisk Analytics, Inc. | $25.66B | 30.2x | 6.6% |
| TOST | Toast, Inc. | $18.91B | 58.4x | 24.1% |
| HNGE | Hinge Health, Inc. | $8.81B | — | 50.6% |
| RNG | RingCentral, Inc. | $7.01B | 173.7x | 4.8% |
| PEGA | PEGASYSTEMS INC | $5.99B | 17.1x | 16.6% |