Dataray, Inc.
How we got $3.3M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
DataRay Inc. provides specialized software and expertise to integrate, install, manage and support automatic identification (bar code and RFID) technologies for hospitals, focused on patient, medication and lab identification.
From the company's website. Industry: Information.
Customers & suppliers
Customers
- Indian Health Service · federal contracts $3.4M
- Office of the Assistant Secretary for Financial Resources · federal contracts $524K
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Mercy Hospital Oklahoma City, Inc. · Ada, 66 mi · $948.2M
- Integris South Oklahoma City Hospital Corporation · Oklahoma City, 8 mi · $358.5M
- MCBRIDE CLINIC, INC. · Oklahoma City, 10 mi · $288.2M
- Integris Health · Oklahoma City, 14 mi · $170.6M
- XPRESS WELLNESS URGENT CARE, LLC · Oklahoma City, 3 mi · $169.8M
Estimated value over time
▲ 2% 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 |
|---|---|---|
| DATARAY, INC. this business | $4.0M | — |
| LONG WAVE, INC. Oklahoma City · 76 employees | $36.5M | 4.0 mi |
| MOTIVE INC Oklahoma City | $15.0M | 7.0 mi |
| RFX SOLUTIONS, INC Oklahoma City | $8.9M | 7.4 mi |
| STOUT SOFTWARE LLC Oklahoma City · 2 employees | $1.3M | 10.1 mi |
| ELM TREE SYSTEM, LLC Oklahoma City · 6 employees | $2.7M | 12.3 mi |
| EASY TIME CLOCK INC Oklahoma City · 7 employees | $2.8M | 13.3 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $4.0M |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $863K |
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 | $3.3M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.7M – $4.5M |
| Revenue range | $2.7M – $4.6M |
| EBITDA range | $567K – $983K |
| Industry (NAICS) | Information (511210) |
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
- BankingSimmons Bank, Security State Bank of OklahomaPPP / 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
| Security State Bank of Oklahoma PPP 2021 | All 154 borrowers → |
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $145K | 9 |
| 5/28/2021 | second | $145K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dataray, Inc.
Dataray, Inc. is an information company in Oklahoma City, Oklahoma, in business since 1999. Its estimated annual revenue is about $4.0M, with roughly $863K of EBITDA. It has about 9 employees. Its estimated business value is $3.3M (likely range $1.7M–$4.5M).
Common questions
- Who owns Dataray, Inc.?
- The owner of Dataray, Inc. 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 Dataray, Inc. make?
- SeeBITDA estimates Dataray, Inc.'s annual revenue at about $4.0M (likely between $2.7M and $4.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dataray, Inc. worth?
- About $3.3M, roughly 3.8× its estimated EBITDA of $863K, typical for a information company its size. Likely range: $1.7M–$4.5M.
- How many employees does Dataray, Inc. have?
- About 9, as reported on its PPP loan.
- When was Dataray, Inc. founded?
- Dataray, Inc. has been in business since 1999.