Data Storage Corporation (DTST)

From the record

Data Storage Corporation's filings since 2017 show 17 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2024-04-02); a warning not to rely on past financial statements (8-K item 4.02, the latest 2022-11-14); a late-report notice (Form NT 10-K or NT 10-Q, 13 times, the latest 2026-04-01) (its current reports).

From the record

Data Storage Corporation's 10 filed years say what it did: revenue went from $4 million in fiscal 2016 to $1 million in fiscal 2025, down 12% a year; it rose in 7 of 9 years; the deepest fall was 95% from fiscal 2023 to fiscal 2024; net income was positive in 6 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Data Storage Corporation's diluted share count grew about 4.4% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 15 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Data Storage Corporation earned about 47 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 1 cents per dollar of everything the company owns. Leverage: it owed about 5 cents per dollar of assets, and net share issuance: its share count grew 4.9% over the year (the filed statements).

From the record

Data Storage Corporation's standing among 68 graded names in its industry family: revenue of $1 million in fiscal 2025 ranks in the bottom 6% by size; a net margin of 1388.7% ranks in the top 1%; revenue growth of -61.3% a year over the last 3 filed years ranks in the bottom 1% (its annual reports).

From the record

Data Storage Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Piluso, Charles M. (Chairman and CEO, as filed), filing under that title since 2020-03-25, 6.6 years (top 22% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 7.8 years (top 16%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 45%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Data Storage Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $2 million against no long-term debt tagged leaves 4.6% of its assets as net cash, bottom 31% of its family; cash from operations less capital spending is -229.8% of revenue (bottom 14%); a gross margin of 44.4% (bottom 29%) (its annual report).

From the record

Data Storage Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -61.3% a year over the last three filed years against -12% over all 10, slowing (bottom 2% of its family); the newest year grew 13.4% (top 39%); capital spending grew -49.9% a year (bottom 10%) (its annual reports). Data Storage Corporation reported 2 lines of business in fiscal 2024: Cloud First Technologies at $24 million, Nexxis Inc at $1 million. 2 of 2 grew in the latest filed year, and the largest line is 95% of revenue (its annual report).

From the record

Data Storage Corporation's newest year against its own record: revenue of $1 million in fiscal 2025 came in 401.4% above the $276 thousand its prior three years' pace pointed to (top 6% of its family); net income of $19 million against a prior three-year average of $1 million (top 7%); a net margin of more than its whole revenue against 8.6% before (top 5%) (its annual reports).