Midcon, Inc.
How we got $7.9M
Based on 39 employees on its 2025 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 34% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▼ 8% 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.
Employees over time
▼ 26% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 53 | $9.0M |
| 2021 | Form 5500 | 47 | $8.0M |
| 2022 | Form 5500 | 50 | $8.5M |
| 2023 | Form 5500 | 59 | $10.0M |
| 2024 | Form 5500 | 59 | $10.0M |
| 2025 | Form 5500 | 39 | $6.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MIDCON, INC. this business | $14.4M | — |
| RASTER MASTERS LLC Oklahoma City · 31 employees | $9.0M | 2.2 mi |
| ANGELO SCURO INC Oklahoma City · 1 employees | $621K | 2.2 mi |
| AAMCOMP COMPUTERS Oklahoma City · 6 employees | $1.7M | 2.8 mi |
| GET IMAGING, INC. Edmond · 5 employees | $2.0M | 4.3 mi |
| CPU PARTNERSHIP Oklahoma City · 9 employees | $2.6M | 4.5 mi |
| VERITRIS GROUP, INC. Oklahoma City · 10 employees | $4.7M | 4.9 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $7.9M |
| Multiple for this size and industry | 5.4× |
| Value range | $4.1M – $11.7M |
| Employees in its retirement plan (2025 Form 5500) | 39 |
| Industry revenue per employee | $170K |
| Revenue = employees × revenue per employee | $14.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.5M |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $9.4M – $17.6M |
| EBITDA range | $960K – $1.8M |
| Industry (NAICS) | Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210) |
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 the company's Form 5500 retirement-plan filing. Full methodology
About Midcon, Inc.
Midcon, Inc. is an it & software company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $14.4M, with roughly $1.5M of EBITDA. It has about 39 employees. Its estimated business value is $7.9M (likely range $4.1M–$11.7M).
Common questions
- Who owns Midcon, Inc.?
- The owner of Midcon, 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 Midcon, Inc. make?
- SeeBITDA estimates Midcon, Inc.'s annual revenue at about $14.4M (likely between $9.4M and $17.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Midcon, Inc. worth?
- About $7.9M, roughly 5.4× its estimated EBITDA of $1.5M, typical for a it & software company its size. Likely range: $4.1M–$11.7M.
- How many employees does Midcon, Inc. have?
- About 39, from its 2025 retirement-plan filing.