Stock SILVERSUN TECHNOLOGIES INC
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Inactive Instrument

Company SilverSun Technologies Inc OTC Bulletin Board

Equities

US82846H2076

IT Services & Consulting

End-of-day quote OTC Bulletin Board
Other stock markets
- USD - Intraday chart for SilverSun Technologies Inc
05-07 SilverSun Technologies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
03-15 SilverSun Shareholders Greenlight Equity Investment MT

Business Summary

SilverSun Technologies, Inc. is engaged in transformational business management applications and technologies and professional consulting services to small and medium-sized companies, primarily in the manufacturing, distribution and service industries. Its core business includes Enterprise Resource Management (ERP) and Accounting Software, Value-Added Services for ERP and Network and Managed Services. It is a value-added reseller for a number of ERP applications. It provides a comprehensive information technology (IT) network and managed services designed to eliminate the IT concerns of its customers. It develops and resell a variety of add-on solutions to all its ERP and accounting packages that help customize the installation to customers’ needs and streamline their operations. Its business continuity services provide automatic on-site and off-site backups, complete encryption, and automatic failure testing. It provides application hosting, IT consulting and managed network services.

Sales per Business

USD in Million2022Weight2023Weight Delta
Professional Consulting
34.2 %
13 29.2 % 19 34.2 % +42.08%
Ancillary Service
30.4 %
15 33.5 % 17 30.4 % +9.74%
Software
25.9 %
12 26.2 % 14 25.9 % +19.77%
Maintenance
9.5 %
5 11.1 % 5 9.5 % +4.21%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
45 100.0 % 55 100.0 % +21.19%

Managers

Managers TitleAgeSince
Mark Meller CEO
 Chief Executive Officer 65 03-09-12
Joseph P. Macaluso DFI
 Director of Finance/CFO 72 15-01-28

Members of the board

Members of the board TitleAgeSince
Stanley Wunderlich BRD
 Director/Board Member 77 11-07-25
Joseph P. Macaluso DFI
 Director of Finance/CFO 72 15-01-28
Mark Meller CEO
 Chief Executive Officer 65 03-09-12
John Schachtel BRD
 Director/Board Member 63 17-03-26
Kenneth Edwards BRD
 Director/Board Member 66 21-01-03

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 5,315,581 3,243,659 ( 61.02 %) 0 61.02 %

Shareholders

NameEquities%Valuation
Bradley Jacobs
35.63 %
1,893,978 35.63 % 25 M $
Mark Meller
5.504 %
292,584 5.504 % 4 M $
Morgan Stanley Investment Management, Inc.
4.965 %
263,922 4.965 % 4 M $
Driehaus Capital Management LLC
3.684 %
195,802 3.684 % 3 M $
Tontine Associates LLC
3.448 %
183,263 3.448 % 2 M $
Vanguard Global Advisers LLC
3.152 %
167,536 3.152 % 2 M $
Renaissance Technologies LLC
1.625 %
86,399 1.625 % 1 M $
Renta 4 Gestora SGIIC SA
1.035 %
55,037 1.035 % 739 147 $
Geode Capital Management LLC
0.6618 %
35,179 0.6618 % 472 454 $
Gainplan LLC
0.6440 %
34,233 0.6440 % 459 749 $

Company contact information

SilverSun Technologies, Inc.

120 Eagle Rock Avenue Suite 330

07936, East Hanover

+

http://www.silversuntech.com
address SilverSun Technologies Inc

Sector

Technology
Software & IT Services
Software & IT Services
IT Services & Consulting
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Sales per Business

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