Cloud First Technologies was Data Storage’s largest revenue line in fiscal 2022, bringing in $11.54M of $23.87M (48%).
| Legal Entity | FY 2022 |
|---|---|
| Cloud First Technologies | $11.54M |
| Flagship Solutions L L C | $11.40M |
| Nexxis Inc | $931.34K |
| Total | $23.87M |
Data Storage brought in $23.87M from its three revenue lines in fiscal 2022, the year ended December 31, 2022. Cloud First Technologies was the largest at $11.54M (48.4%), ahead of Flagship Solutions L L C at $11.40M (47.7%) and Nexxis Inc at $931.34K (3.9%).
Service was Data Storage’s largest product and service line in fiscal 2020, bringing in $5.81M of $9.32M (62%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|
| Service | — | — | — | $5.81M |
| Infrastructure & Disaster Recovery | $4.67M | $4.62M | $5.44M | — |
| Equipment & Software | $2.39M | $3.22M | $1.78M | $2.07M |
| Managed Service | $1.05M | — | — | — |
| Managed Services | — | $603.72K | $365.77K | $380.70K |
| Nexxis Voip Services | — | $129.62K | $484.02K | $696.58K |
| Professional Fees | — | $315.66K | $411.48K | $362.38K |
| Other | $145.79K | — | — | — |
| Total | $8.26M | $8.89M | $8.48M | $9.32M |
Data Storage brought in $9.32M from its five product and service lines in fiscal 2020, the year ended December 31, 2020. Data Storage regrouped these lines after fiscal 2019, so the total does not compare directly with that year's $8.48M. Service was the largest at $5.81M (62.3%), ahead of Equipment & Software at $2.07M (22.3%) and Nexxis Voip Services at $696.58K (7.5%). The other two lines brought in $743.08K combined.
Compared with fiscal 2019, Nexxis Voip Services grew fastest, up 43.9% to $696.58K, while Professional Fees fell the most, down 11.9% to $362.38K.
Data Storage began breaking out Service in fiscal 2020, Managed Services in fiscal 2018, Nexxis Voip Services in fiscal 2018 and Professional Fees in fiscal 2018. Data Storage stopped reporting Infrastructure & Disaster Recovery ($5.44M in fiscal 2019), Managed Service ($1.05M in fiscal 2017) and Other ($145.79K in fiscal 2017) as separate lines.
Cloud First Technologies was Data Storage’s largest segment in fiscal 2023, bringing in $23.86M of $24.96M (96%).
| Segment | FY 2021 | FY 2023 |
|---|---|---|
| Cloud First Technologies | $10.21M | $23.86M |
| Flagship Solutions L L C | $3.85M | — |
| Nexxis Inc | $817.18K | $1.10M |
| Total | $14.88M | $24.96M |
Data Storage brought in $24.96M from its two segments in fiscal 2023, the year ended December 31, 2023. Data Storage regrouped these segments after fiscal 2021, so the total does not compare directly with that year's $14.88M. Cloud First Technologies was the largest at $23.86M (95.6%), ahead of Nexxis Inc at $1.10M (4.4%).
Compared with fiscal 2021, the previous year with figures, Cloud First Technologies grew 133.8% to $23.86M and Nexxis Inc grew 34.2% to $1.10M.
Data Storage stopped reporting Flagship Solutions L L C as a separate segment after fiscal 2021, when it brought in $3.85M.
Data Storage (DTST) reports its revenue by legal entity, by product and service and by segment. In fiscal 2022, Cloud First Technologies was its largest revenue line, bringing in $11.54M (48.4% of the total), followed by Flagship Solutions L L C at $11.40M (47.7%).
Cloud First Technologies was Data Storage's largest revenue line in fiscal 2022, bringing in $11.54M, or 48.4% of the $23.87M total across its three revenue lines.
Service was Data Storage's largest product and service line in fiscal 2020, bringing in $5.81M, or 62.3% of the $9.32M total across its five product and service lines.
Cloud First Technologies was Data Storage's largest segment in fiscal 2023, bringing in $23.86M, or 95.6% of the $24.96M total across its two segments.
Every figure comes from Data Storage's annual financial filings, as reported. Each line keeps the name Data Storage gives it, and years follow its fiscal calendar.
Data Storage's revenue by legal entity goes back to fiscal 2022, with figures through fiscal 2022. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.