DTST Data Storage Corp

Overview and Growth

In fiscal 2025, Data Storage Corp recorded $1.38M of revenue, net income of $19.20M, and an operating cash outflow of $3.16M. At $1.38M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $1.22M in fiscal 2024, revenue recorded a 13.4% year-over-year increase. Diluted earnings per share were $2.64, translating the period’s attributable earnings into the amount reported for each diluted share. At period end, total assets were $43.02M, framing the scale of the company’s operating and financing commitments. Asset turnover was 0.03x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $614.32K as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 44.4% of revenue, quantifying the portion retained before operating expenses were recognized. The company recorded an operating loss of $3.57M after the reported operating expense base. The operating loss equaled 258.4% of revenue, showing the scale of the operating deficit relative to sales. The bottom-line result was net income of $19.20M, after the operating, financing, tax, and other items recognized for the period. EBITDA was negative $3.57M, showing a deficit before interest, taxes, depreciation, and amortization. The pretax result was a loss of $2.72M, establishing the deficit before tax effects. The pretax loss equaled 196.9% of revenue, measuring the pre-tax deficit against sales. Income tax expense totaled $1.86M, providing the reported tax component that separates pretax and after-tax earnings. Return on period-end equity was 47.2%, relating annual net income to the equity capital on the balance sheet. Net income represented 44.6% of period-end assets, placing the company’s bottom-line result against the total resource base employed. Current net income of $19.20M was above fiscal 2024 net income of $523.21K, showing the direction of the bottom-line change.

Liquidity and Capital Structure

At period end, the $43.02M asset base was financed through $2.34M of liabilities and $40.69M of equity. Current assets were $42.63M against $2.02M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 21.05x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $1.99M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 98.3% of current liabilities, showing how much near-term coverage came from cash alone. The equity-to-assets relationship was 94.6%, placing book capital against the total resource base. Relative to total assets, liabilities measured 5.4%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 4.6% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $25.28M in fiscal 2024, the current asset base moved 70.2% and finished higher. Book equity was 92.2% higher than fiscal 2024 equity of $21.17M, showing how shareholder capital changed year over year. The reported cash balance changed 85.9% from $1.07M in fiscal 2024, ending higher year over year.

Cash Flow and Earnings Quality

Operating activities used $3.16M of cash, resulting in an operating cash outflow for the year. Capital expenditures used $16.02K in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. Operating cash flow and capital spending combined to leave a $3.18M cash deficit after capital spending. Free-cash-flow margin was -229.8%, reflecting a cash deficit equal to 229.8% of revenue after capital spending. The cash deficit after capital spending represented 7.4% of the period-end asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.