Stingray Delivery Inc
How we got $1.2M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 52% 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 |
|---|---|---|
| STINGRAY DELIVERY INC this business | $3.5M | — |
| ADEDAYO ODUGBESAN Oklahoma City · 1 employees | $252K | 1.2 mi |
| FORTUNA LOGISTIC INC Oklahoma City · 16 employees | $4.4M | 2.4 mi |
| TOPNOTCH DISTRIBUTIONS INC. Oklahoma City · 1 employees | $698K | 6.4 mi |
| BIGGMAC TRANSIT LLC Oklahoma City | $5.2M | 7.7 mi |
| MUSTANG LOGISTICS INC Edmond · 26 employees | $3.3M | 8.5 mi |
| NODA TRANSPORT INC Edmond · 10 employees | $3.1M | 8.5 mi |
The full calculation
| Employees reported to the SBA | 13 |
| 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) | $3.1M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $380K |
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 | $1.2M |
| Multiple for this size and industry | 3.2× |
| Value range | $639K – $1.7M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $250K – $433K |
| Industry (NAICS) | Couriers and Express Delivery Services (492110) |
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
Advisors
- BankingFirst Fidelity 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 Roles are as stated there and may be out of date.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 Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $95K | 13 |
About Stingray Delivery Inc
Stingray Delivery Inc is a couriers and express delivery services company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $380K of EBITDA. It has about 13 employees. Its estimated business value is $1.2M (likely range $639K–$1.7M).
Common questions
- Who owns Stingray Delivery Inc?
- The owner of Stingray Delivery 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 Stingray Delivery Inc make?
- SeeBITDA estimates Stingray Delivery Inc's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Stingray Delivery Inc worth?
- About $1.2M, roughly 3.2× its estimated EBITDA of $380K, typical for a couriers and express delivery services company its size. Likely range: $639K–$1.7M.
- How many employees does Stingray Delivery Inc have?
- About 13, as reported on its PPP loan.