How we got $323K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 28 years (since 1998)
- Founder still runs it after 28 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
iTology is an Oklahoma IT support and cybersecurity firm that provides managed IT, cybersecurity, compliance, cloud, and AI automation services to Oklahoma businesses, with a focus on construction, energy, healthcare, and manufacturing.
From the company's website. Industry: IT & software.
Customers & suppliers
Customers
- JABco · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 7 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 9 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 9 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 6 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 9 mi · $708.4M
- LSB INDUSTRIES, INC · Oklahoma City, 4 mi · $615.2M
- DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC · Oklahoma City, 9 mi · $339.7M
- SOUTHWESTERN WIRE INC · Norman, 23 mi · $312.5M
- AIRX CLIMATE SOLUTIONS, INC. · Yukon, 8 mi · $245.1M
- MERCER VALVE CO., INC. · Oklahoma City, 3 mi · $232.1M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| iTology this business | $1.5M | — |
| Top Mark Seo Bethany | $1.1M | 1.0 mi |
| LMROSS INC Bethany · 5 employees | $1.4M | 1.0 mi |
| TECHS R US INC Bethany · 1 employees | $324K | 1.7 mi |
| Simpli-fi Tech Solutions Warr Acres | $2.0M | 1.8 mi |
| RESOLUTION SYSTEMS LLC Oklahoma City · 3 employees | $1.3M | 2.0 mi |
| OBJECTSTREAM, INC. Oklahoma City · 98 employees | $37.4M | 2.1 mi |
The full calculation
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 | $323K |
| Multiple for this size and industry | 3× |
| Value range | $79K – $558K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Computer Systems Design Services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.
| Revenue range | $460K – $2.2M |
| EBITDA range | $33K – $155K |
| Industry (NAICS) | Computer Systems Design Services (541512) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“I started iTology in 2007 because I’d watched too many Oklahoma businesses get burned by their IT providers.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About iTology
iTology is an it & software company in Bethany, Oklahoma, in business since 1998. It is owned by Cory Carson (Founder). Its estimated annual revenue is about $1.5M, with roughly $108K of EBITDA. Its estimated business value is $323K (likely range $79K–$558K).
Common questions
- Who owns iTology?
- iTology is owned by Cory Carson (Founder), according to public sources such as the company's website or filings.
- How much revenue does iTology make?
- SeeBITDA estimates iTology's annual revenue at about $1.5M (likely between $460K and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is iTology worth?
- About $323K, roughly 3× its estimated EBITDA of $108K, typical for a it & software company its size. Likely range: $79K–$558K.
- When was iTology founded?
- iTology has been in business since 1998.
- Is iTology for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years; no family successor named on its website.