OverviewSuggest Edit

Wayside Technology Group is an information technology channel company that markets software, hardware and services to software development and IT professionals. It distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators, as well as corporations, government organizations, and academic institutions. It also resells computer software and hardware developed by others, as well as provides technical services to customers. Wayside Technology Group offers a line of products and tools for virtualization, cloud computing, security, networking, storage and infrastructure management, application lifecycle management, etc.

TypePublic
Founded1982
HQEatontown, NJ, US
Websitewaysidetechnology.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2020)270(+91%)
Revenue (FY, 2020)$251.6 M(+21%)
Share Price (Jul 2021)$28.1
Cybersecurity ratingAMore

Key People/Management at Wayside Technology Group

Jeffrey R. Geygan

Jeffrey R. Geygan

Chairman
Dale Foster

Dale Foster

Chief Executive Officer and President, Director
Vito Legrottaglie

Vito Legrottaglie

Vice President and Chief Information Officer
John McCarthy

John McCarthy

Director
Michael Vesey

Michael Vesey

Vice President and Chief Financial Officer
Andrew Bryant

Andrew Bryant

Director
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Wayside Technology Group Office Locations

Wayside Technology Group has an office in Eatontown
Eatontown, NJ, US (HQ)
4 Industrial Way W
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Wayside Technology Group Financials and Metrics

Wayside Technology Group Revenue

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Wayside Technology Group's revenue was reported to be $251.57 m in FY, 2020
USD

Revenue (Q1, 2021)

62.8m

Gross profit (Q1, 2021)

10.8m

Gross profit margin (Q1, 2021), %

17.3%

Net income (Q1, 2021)

1.5m

EBIT (Q1, 2021)

2.0m

Market capitalization (29-Jul-2021)

123.9m

Closing stock price (29-Jul-2021)

28.1

Cash (31-Mar-2021)

33.7m

EV

92.7m
Wayside Technology Group's current market capitalization is $123.9 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

250.2m297.1m300.4m340.8m382.1m418.1m449.4m181.4m208.8m251.6m

Revenue growth, %

13%12%9%7%

Cost of goods sold

226.9m273.2m276.0m315.9m355.5m390.8m422.3m154.5m178.8m218.5m

Gross profit

23.2m23.9m24.4m24.8m26.6m27.3m27.1m26.9m30.0m33.0m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

60.7m63.7m66.9m69.2m75.5m66.0m74.1m70.5m71.7m84.4m90.5m92.7m92.0m97.7m93.3m105.3m99.6m112.8m103.0m106.6m40.6m43.9m47.9m44.9m50.7m52.4m62.6m56.6m62.8m

Cost of goods sold

55.1m58.0m61.3m63.6m69.8m60.7m68.1m65.2m66.2m78.3m84.3m86.3m85.5m90.8m87.4m98.3m93.2m106.0m96.4m100.4m33.7m37.4m41.6m37.6m42.9m45.3m54.5m49.5m52.0m

Gross profit

5.6m5.8m5.6m5.6m5.7m5.3m6.0m5.3m5.5m6.1m6.2m6.4m6.4m6.9m6.0m7.0m6.4m6.8m6.6m6.2m6.9m6.5m6.3m7.2m7.8m7.1m8.2m7.1m10.8m

Gross profit Margin, %

9%9%8%8%8%8%8%7%8%7%7%7%7%7%6%7%6%6%6%6%17%15%13%16%15%13%13%13%17%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

9.2m9.8m19.6m23.1m23.8m13.5m5.5m14.9m15.0m29.3m

Accounts Receivable

47.1m61.4m81.4m101.0m93.8m

Prepaid Expenses

2.0m1.3m2.0m2.7m3.8m

Inventories

1.2m1.7m2.1m933.0k989.0k2.3m2.8m1.5m2.8m4.9m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Cash

11.7m8.9m10.0m7.2m10.7m13.6m12.0m14.7m11.7m14.7m15.6m21.4m18.9m19.6m24.3m24.6m21.0m11.1m9.7m4.1m7.0m10.4m6.5m14.1m9.4m10.2m11.6m45.0m33.7m

Accounts Receivable

38.4m38.6m46.6m50.4m49.1m48.0m53.5m21.1m83.8m84.2m86.0m86.4m108.8m74.8m95.4m

Prepaid Expenses

1.4m1.5m1.3m1.3m1.1m1.3m1.5m525.0k2.7m2.5m2.2m2.6m2.6m3.8m

Inventories

1.3m1.4m1.2m1.3m1.5m1.6m1.7m1.2m1.2m1.2m1.4m2.2m2.4m2.0m2.4m2.1m1.9m2.5m2.3m788.0k2.4m2.3m1.8m1.6m1.4m2.4m2.2m2.1m4.2m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

5.5m5.5m6.4m5.8m5.8m5.9m5.1m3.5m6.8m4.5m

Depreciation and Amortization

321.0k302.0k274.0k226.0k253.0k296.0k477.0k(387.0k)488.0k713.0k

Inventories

(76.0k)(477.0k)(840.0k)1.2m(72.0k)(361.0k)(461.0k)1.3m(1.3m)(2.0m)

Accounts Payable

4.1m13.4m827.0k(4.3m)322.0k19.9m(12.5m)1.8m11.6m8.7m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Net Income

2.1m3.6m1.0m2.3m3.7m1.0m2.6m1.3m1.1m1.5m3.9m1.3m2.7m4.2m1.0m2.6m3.9m1.3m2.6m1.3m1.6m480.0k1.8m1.5m3.3m4.8m836.0k1.4m1.5m

Depreciation and Amortization

157.0k238.0k81.0k163.0k233.0k74.0k150.0k167.0k122.0k188.0k54.0k108.0k192.0k114.0k233.0k114.0k236.0k358.0k(18.0k)261.0k380.0k96.0k239.0k399.0k

Inventories

(180.0k)(266.0k)7.0k(67.0k)(268.0k)88.0k(30.0k)(99.0k)(870.0k)(531.0k)(418.0k)(165.0k)62.0k(136.0k)(20.0k)788.0k427.0k453.0k1.0m(163.0k)28.0k(881.0k)507.0k813.0k746.0k

Accounts Payable

(7.2m)(5.8m)(1.3m)(18.0k)923.0k(17.5m)(12.9m)47.5m(8.3m)51.2m(8.9m)(6.6m)(2.9m)2.6m1.3m(16.1m)(22.7m)50.9m5.4m(4.7m)163.0k94.0k(6.6m)(6.3m)4.2m(3.3m)9.9m
USDQ2, 2011

Financial Leverage

2.3 x
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Wayside Technology Group Revenue Breakdown

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Wayside Technology Group revenue breakdown by business segment: 92.9% from Lifeboat Distribution and 7.1% from TechXtend

Wayside Technology Group revenue breakdown by geographic segment: 86.8% from USA, 6.7% from Canada and 6.5% from Rest of the World

Wayside Technology Group Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Wayside Technology Group Online and Social Media Presence

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Wayside Technology Group News and Updates

Wayside Technology Group Sets Second Quarter 2021 Conference Call for August 5, 2021 at 8:30 a.m. ET

EATONTOWN, N.J., July 22, 2021 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a global value-added IT channel company providing innovative sales and distribution solutions for emerging technology vendors, will host a conference call on Thursday, Aug…

Wayside Technology Group Elects Gerri Gold to Board of Directors

EATONTOWN, N.J., June 16, 2021 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG), a value-added information technology (IT) channel company providing innovative sales and distribution solutions for emerging technology vendors, has nominated and elected Gerri Gold to its Board of Di…

Wayside Technology Group Announces the Appointment of Andrew ("Drew") Clark as Chief Financial Officer

EATONTOWN, N.J., June 09, 2021 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG), a value-added IT channel company providing innovative sales and distribution solutions for emerging technology vendors, today announced the appointment of Drew Clark as Chief Financial Officer effecti…

Wayside Technology Group to Present at the Sidoti Virtual Microcap Investor Conference on May 19, 2021

EATONTOWN, N.J., May 13, 2021 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added IT channel company providing innovative sales and distribution solutions for emerging technology vendors, will be presenting at the Sidoti Virtual Microcap In…

Wayside Technology Group Reports Record Fourth Quarter and Full Year 2020 Results

- Q4 & FY 2020 Net Sales, Gross Profit and Gross Billings Increase to Record Levels -

Wayside Technology Group to Present at the Sidoti Virtual Microcap Investor Conference on June 30th

EATONTOWN, N.J., June 24, 2020 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), an IT channel company providing innovative sales and distribution solutions, will be presenting at the Sidoti Virtual Microcap Investor Conference, which is being held on …
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Wayside Technology Group Blogs

Sigma Software Distribution rebrands to Climb Channel Solutions

Following the acquisition of Sigma’s parent company by Wayside Technology Group (NASDAQ: WSTG) in November 2020, Sigma Software Distribution will now operate under the Climb Channel Solutions brand. Devon, UK (5th July, 2021) Today Sigma Software Distribution has announced that it is rebranding to C…

Wayside Technology Group Reports First Quarter 2021 Results

EATONTOWN, N.J., May 05, 2021 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added IT channel company providing innovative sales and distribution solutions for emerging technology vendors, is reporting results for the first quarter ended Mar…

Wayside Technology Group Updates Time of First Quarter 2021 Conference Call on May 6, 2021 to 8:30 a.m. ET

EATONTOWN, N.J., April 26, 2021 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added IT channel company providing innovative sales and distribution solutions for emerging technology vendors, has updated the time of its conference call for th…

Wayside Technology Group Sets First Quarter 2021 Conference Call for May 6, 2021 at 5:00 p.m. ET

EATONTOWN, N.J., April 22, 2021 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added IT channel company providing innovative sales and distribution solutions for emerging technology vendors, will hold a conference call on Thursday, May 6, 20…

Wayside Technology Group Sets Fourth Quarter and Full Year 2020 Conference Call for March 2, 2021 at 8:30 a.m. ET

EATONTOWN, N.J., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), an IT channel company providing innovative sales and distribution solutions, will hold a conference call on Tuesday, March 2, 2021 at 8:30 a.m. Eastern time to discuss its…
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Wayside Technology Group Frequently Asked Questions

  • When was Wayside Technology Group founded?

    Wayside Technology Group was founded in 1982.

  • Who are Wayside Technology Group key executives?

    Wayside Technology Group's key executives are Jeffrey R. Geygan, Dale Foster and Vito Legrottaglie.

  • How many employees does Wayside Technology Group have?

    Wayside Technology Group has 270 employees.

  • What is Wayside Technology Group revenue?

    Latest Wayside Technology Group annual revenue is $251.6 m.

  • What is Wayside Technology Group revenue per employee?

    Latest Wayside Technology Group revenue per employee is $931.7 k.

  • Who are Wayside Technology Group competitors?

    Competitors of Wayside Technology Group include Airtech Advanced Materials Group, CSPi and Sopheon.

  • Where is Wayside Technology Group headquarters?

    Wayside Technology Group headquarters is located at 4 Industrial Way W, Eatontown.

  • Where are Wayside Technology Group offices?

    Wayside Technology Group has an office in Eatontown.

  • How many offices does Wayside Technology Group have?

    Wayside Technology Group has 1 office.