Advanced Systems Group
How we got $3.2M
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 37% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 44% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 16 | $3.7M |
| 2023 | Form 5500 | 10 | $2.3M |
| 2024 | Form 5500 | 11 | $2.6M |
| 2025 | Form 5500 | 9 | $2.1M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ADVANCED SYSTEMS GROUP this business | $5.1M | — |
| ADVANCED SYSTEMS GROUPS INC. Tulsa · 14 employees | $4.8M | 0.0 mi |
| CYTEK LLC Tulsa · 4 employees | $1.1M | 0.5 mi |
| TECH EVOLUTIONS LLC Tulsa · 18 employees | $6.6M | 0.5 mi |
| SOFTOUCH DEVELOPMENT,INC Tulsa · 20 employees | $6.5M | 1.1 mi |
| MYERS DIGITAL DEVELOPMENT INCORPORATED Tulsa · 1 employees | $419K | 1.5 mi |
| BFK ENTERPRISE, CO. Tulsa · 4 employees | $1.7M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.9M |
| Estimate: the two combined (geometric mean) | $5.1M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $833K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $3.2M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.7M – $4.3M |
| Revenue range | $3.3M – $5.8M |
| EBITDA range | $548K – $949K |
| Industry (NAICS) | Custom Computer Programming Services (541511) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingFirst Pryority BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| First Pryority Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $183K | 16 |
About Advanced Systems Group
Advanced Systems Group is an it & software company in Tulsa, Oklahoma. Its estimated annual revenue is about $5.1M, with roughly $833K of EBITDA. It has about 9 employees. Its estimated business value is $3.2M (likely range $1.7M–$4.3M).
Common questions
- Who owns Advanced Systems Group?
- The owner of Advanced Systems Group isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Advanced Systems Group make?
- SeeBITDA estimates Advanced Systems Group's annual revenue at about $5.1M (likely between $3.3M and $5.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Advanced Systems Group worth?
- About $3.2M, roughly 3.8× its estimated EBITDA of $833K, typical for a it & software company its size. Likely range: $1.7M–$4.3M.
- How many employees does Advanced Systems Group have?
- About 9, from its 2025 retirement-plan filing.