SilverSun Technologies (NASDAQ: QXO) — Company Overview, News & Financial Data
SilverSun Technologies is a distributor of building products and construction materials operating across North America.
SilverSun Technologies
SilverSun Technologies is a distributor of building products and construction materials operating across North America. Formerly focused on software services before undergoing a corporate transition and changing its legal name to QXO, Inc., the company supplies materials for residential and commercial construction projects. Its product offerings include residential and commercial roofing materials, siding, insulation, waterproofing systems, windows, decking, and specialty lumber. The business operates a network of distribution branches and delivery fleets across the United States and Canada, supplying trade contractors, builders, and commercial clients while providing digital order tracking and account management tools.
Snapshot
Operations
Products and/or services of SilverSun Technologies
- Residential Roofing Products: Wholesale distribution of asphalt shingles, architectural shingles, underlayment, ridge vents, drip edges, and roofing fasteners supplied to residential roofing contractors across North American branch networks and commercial sales hubs.
- Commercial Roofing Systems: Distribution of single-ply membrane roofing including thermoplastic polyolefin, ethylene propylene diene monomer, polyisocyanurate insulation boards, commercial fasteners, and specialized accessories for large-scale industrial and commercial building projects.
- Siding and Exterior Trim: Supply of exterior cladding materials, including vinyl, fiber cement, aluminum, steel, and wood composite siding, alongside matching trim, gutter systems, and flashing accessories for residential and commercial construction.
- Commercial Waterproofing and Air Barriers: Distribution of moisture management solutions, thermal insulation, sealants, vapor barriers, air barriers, and specialized waterproofing membranes designed to protect building foundations, exterior envelope assemblies, and commercial wall structures.
- Specialty Lumber and Composite Materials: Provision of framing lumber, engineered wood products, composite decking materials, railing systems, structural panels, and related timber construction supplies distributed directly to job sites and trade contractors.
- Digital Account and Fleet Delivery Logistics: Contractor services featuring online order management, delivery tracking across an 11,000-plus vehicle fleet, 24/7 account access, mobile application ordering tools, and integrated customer relationship management software connections.
SilverSun Technologies executive team
- Bradley S. JacobsCEO & Chairman
- Ihsan EssaidChief Financial Officer
- Valeri LiborskiChief Technology Officer
- Christopher J. SignorelloChief Legal Officer
- Kenneth J. WestPresident & COO
- Mark Andrew Falzon Sant ManducaChief Investment Officer
- Madeline OrteroInterim Chief Accounting Officer
- Josephine BerishaChief Human Resources Officer
- Matthew Jeremy FasslerChief Strategy Officer
- Larry AugelloPresident of Midwest Division
Latest news about SilverSun Technologies
QXO delivers record revenue of $3.25 billion
United StatesQXO closes TopBuild acquisition, expands building products scale
United StatesQXO shareholders approve TopBuild acquisition
United StatesQXO reports soft Q1 as building products sector slows
United StatesQXO completes $2.25B acquisition of Kodiak Building Partners
United StatesDealmaker Brad Jacobs clinches $2.25 billion Kodiak acquisition
United States
Dividend history
Dividends per share paid by SilverSun Technologies, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2024 | — | — | — | $26.1840 |
| FY2023 | — | — | — | $1.6000 |
| FY2021 | — | — | — | $4.8000 |
| FY2020 | — | — | — | $7.2000 |
| FY2019 | — | — | — | $0.4000 |
Key financials
Reported results for SilverSun Technologies, in USD.
- Market cap
- 11.8B
- Revenue (TTM)
- 9.9B
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.9
- Dividend yield
- —
- Profit margin
- -5.2%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 6.8B | -57M | -279.4M | |
| 56.9M | -71M | 28M | |
| 54.5M | -1.3M | -1.1M | |
| 45M | -385.4K | -282.2K |