Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization. In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions. Further, the company provides hardware for education and public sectors. It serves corporate and government institutions. The company has operations in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.
Revenue of Converge Technology Solutions Corp. (CTS.TO)
Revenue in 2023 (TTM): $1.94 B
According to Converge Technology Solutions Corp.'s latest financial reports the company's current revenue (TTM) is $1.94 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Converge Technology Solutions Corp.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.94 B | $423.63 M | $119.33 M | $-13,297,720 | $-1,037,172 |
| 2022 | $1.55 B | $394.5 M | $85.03 M | $13.46 M | $19.54 M |
| 2021 | $1.09 B | $247.62 M | $51.12 M | $17.17 M | $11.72 M |
| 2020 | $679.6 M | $166.9 M | $31.33 M | $-1,791,414 | $-2,990,465 |
| 2019 | $492.65 M | $115.74 M | $15.15 M | $-9,137,572 | $-7,764,465 |
| 2018 | $328.91 M | $64.44 M | $11.31 M | $-11,165,358 | $-13,062,064 |
| 2017 | $37.81 M | $7.63 M | $-1,280,707 | $-2,886,604 | $-2,807,098 |
| 2016 | $ | $ | $ | $-2,337,935 | $-2,337,935 |