SeeBITDAOklahoma

Financial Software Systems, Inc.

  • 1605 TOWER DRIVE, Moore, OK
  • Since 1998
  • Family-owned
  • NAICS 541511
Estimated valueMedium confidence
$3.6M
$1.9Mlikely range$4.9M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$5.8M
a year
Profit (EBITDA)
$951K
16% of revenue
Employees
16
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $3.6M

Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.

16 employees × $318K each$5.1M
PPP payroll ÷ payroll's usual share of revenue$5.1M
Shown toward the top of its range×1.14
Revenue$5.8M
× 16% profit margin$951K
× 3.8 sale multiple = value$3.6M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 28 years (since 1998)

From public records and the company's website, not a statement that it's for sale.

What they do

Financial Software Systems provides configurable loan management software and an API platform for consumer lenders, offering local and cloud-based options for companies across the US.

Products & services
LoanPro (Desktop)LPX (Browser)custom software solutionsloan origination softwareAPI platform
Markets served
consumer lendingconsumer loan industry
Service area
across the USLouisianaNew Mexicooverseas

From the company's website. Industry: IT & software.

Estimated value over time

▲ 37% since 2020
$0$2.1M$4.2M20202026

Today'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

BusinessEst. revenueEst. profitDistance
FINANCIAL SOFTWARE SYSTEMS, INC.
this business
$5.8M$951K—
THIRD HELIX TECHNOLOGY INC.
Moore · 9 employees
$3.8M$624K0.1 mi
GROUP W COMMUNICATIONS INC.
Moore · 1 employees
$463K$108K0.6 mi
COYOTE6 GRAPHX LLC
Moore · 1 employees
$266K$62K1.1 mi
405 TECHNOLOGY SOLUTIONS, LLC
Moore · 1 employees
$513K$119K1.3 mi
Z3 MEDIA LLC
Oklahoma City · 3 employees
$1.3M$250K1.6 mi
BUZZ CONSULTING COMPANY LLC
Oklahoma City · 6 employees
$1.9M$336K1.9 mi

The full calculation

Employees reported to the SBA16
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)$5.1M
Estimate: the two combined (geometric mean)$5.8M
EBITDA margin (industry, adjusted for size)16%
EBITDA = revenue × margin$951K

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$3.6M
Multiple for this size and industry3.8×
Value range$1.9M – $4.9M
Revenue range$3.8M – $6.6M
EBITDA range$626K – $1.1M
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

History & advisors

Family-owned
“We are a family company, and share the same values of hard work and determination that built our customers’ businesses.”

Advisors

  • BankingBancFirstPPP / 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

BancFirst
PPP 2020
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$239K$241K16BancFirst

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Financial Software Systems, Inc.

Financial Software Systems, Inc. is a family-owned it & software company in Moore, Oklahoma, in business since 1998. Its estimated annual revenue is about $5.8M, with roughly $951K of EBITDA. It has about 16 employees. Its estimated business value is $3.6M (likely range $1.9M–$4.9M).

Common questions

Who owns Financial Software Systems, Inc.?
The owner of Financial Software Systems, 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 Financial Software Systems, Inc. make?
SeeBITDA estimates Financial Software Systems, Inc.'s annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Financial Software Systems, Inc. worth?
About $3.6M, roughly 3.8× its estimated EBITDA of $951K, typical for a it & software company its size. Likely range: $1.9M–$4.9M.
How many employees does Financial Software Systems, Inc. have?
About 16, as reported on its PPP loan.
When was Financial Software Systems, Inc. founded?
Financial Software Systems, Inc. has been in business since 1998.