Data Storage Corp
dtst.comWhat Do They Do?
Provides managed voice, internet and data transport services to businesses across healthcare, professional services and manufacturing. It is also pursuing acquisitions of technology companies in complementary, high-growth sectors.
10-K for FY2025, filed Apr 14, 2026Nexxis is a provider of fully managed business voice, internet, data transport, and SD-WAN communication solutions engineered for…View ↗
Data Storage Corporation (“Data Storage,” “we,” “us,” “our” and the “Company”) has been a leading provider of multi-cloud hosting, fully…View ↗
With the completion of the Tender Offer, we have streamlined our capital structure, while maintaining a strong balance sheet and liquidity…View ↗
How Do They Make Money?
Customers pay a fixed monthly fee for continuous access to Nexxis voice, internet and/or data transport services, with monthly billing for each service period.
10-K for FY2025, filed Apr 14, 2026
$1.4M
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10-K for FY2025, filed Apr 14, 2026
$1.4M ↗
Who Are Their Customers?
Nexxis serves businesses across healthcare, professional services, financial services, manufacturing and distributed enterprise environments.
10-K for FY2025, filed Apr 14, 2026Nexxis is a provider of fully managed business voice, internet, data transport, and SD-WAN communication solutions engineered for…View ↗
Do Revenues Turn Into Profits?
Yes. Its net income in FY2025 was larger than its revenue, but spent more cash than it brought in: free cash flow was −$3.2M.
10-K for FY2025, filed Apr 14, 2026
−$3.6MView ↗
10-K for FY2025, filed Apr 14, 2026
$19.2MView ↗
10-K for FY2025, filed Apr 14, 2026
−$3.2MView ↗
How Are They Changing?
Shrinking. Revenue fell 91% in 4 years, from $14.9M in FY2021 to $1.4M in FY2025, about 45% a year.
Cloud business sale
The older report described cloud-managed services, disaster recovery and cybersecurity across several subsidiaries; the latest says the CloudFirst business was sold and identifies Nexxis as the continuing operating subsidiary.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed Apr 14, 2026Data Storage Corporation provides Cloud Managed Services and technologies across multiple platforms. The Company’s technical assets are in…View ↗
Data Storage Corporation, is headquartered in Melville, New York. DTST operates through three subsidiaries; DSC, a Delaware corporation now…View ↗
The Company’s disaster recovery and business continuity solutions allow clients to quickly recover from system outages, human and natural…View ↗
Broader acquisition targets
The older report framed acquisitions as a way to extend cloud-service distribution and technical capabilities; the latest centers on buying businesses in high-growth technology sectors such as artificial intelligence, cybersecurity and business software.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed Apr 14, 2026The Company will continue to drive revenues by expanding distribution channels while expanding digital and direct marketing programs. The…View ↗
With the completion of the Tender Offer, we have streamlined our capital structure, while maintaining a strong balance sheet and liquidity…View ↗
Targeted Acquisitions in High-Growth Sectors – We intend to leverage our management’s expertise in technology and pursue acquisitions of…View ↗
Artificial Intelligence (AI), Enabled Vertical Software-as-a-Service (SaaS), GPU Infrastructure-as-a-Service (IaaS)View ↗
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