Bitness Labs LLC
How we got $450K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 68% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BITNESS LABS LLC this business | $908K | — |
| EVH CONSULTING, LLC Norman · 1 employees | $390K | 0.2 mi |
| KRH CONSULTING LLC Norman · 1 employees | $658K | 0.2 mi |
| OKLAHOMA MEDICAL LEGAL CONSULTING SERVICES LLC Norman · 3 employees | $1.1M | 0.9 mi |
| MIXON ENTERPRISE LLC Norman · 1 employees | $576K | 0.9 mi |
| OPES, INC.-ORINOCO PETROLEUM & ENVIRONMENTAL SERVICES, INC Norman · 3 employees | $1.4M | 0.9 mi |
| STONEHOUSE MARKETING SERVICES, L.L.C. Norman · 93 employees | $22.9M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $786K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $806K |
| Estimate: the two combined (geometric mean) | $908K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $180K |
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 | $450K |
| Multiple for this size and industry | 2.5× |
| Value range | $237K – $616K |
| Revenue range | $597K – $1.0M |
| EBITDA range | $118K – $205K |
| Industry (NAICS) | Marketing Consulting Services (541613) |
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
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $23K | 2 |
About Bitness Labs LLC
Bitness Labs LLC is a consulting company in Norman, Oklahoma. Its estimated annual revenue is about $908K, with roughly $180K of EBITDA. It has about 2 employees. Its estimated business value is $450K (likely range $237K–$616K).
Common questions
- Who owns Bitness Labs LLC?
- The owner of Bitness Labs LLC 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 Bitness Labs LLC make?
- SeeBITDA estimates Bitness Labs LLC's annual revenue at about $908K (likely between $597K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bitness Labs LLC worth?
- About $450K, roughly 2.5× its estimated EBITDA of $180K, typical for a consulting company its size. Likely range: $237K–$616K.
- How many employees does Bitness Labs LLC have?
- About 2, as reported on its PPP loan.