Promise Technology Overview
- Year Founded
-
1991

- Status
-
Public
- Employees
-
418

- Stock Symbol
-
3057

- Investments
-
1
- Share Price
-
$0.33
- (As of Wednesday Closing)
Promise Technology General Information
Description
Promise Technology Inc is a developer of open storage platforms, designed for the data centre, surveillance, cloud, and rich media markets. Its product portfolio comprises VTrak, Vess, Pegasus, and SANlink. In addition, the company offers solutions, including consumer/IoT, rich media, cloud, surveillance, and IT solutions, as well as professional services comprising warranties, onsite hardware replacement, training, and installation services. It offers computer storage equipment high -performance control cards and systems, computer high-performance network and graphics systems, multimedia software, and hardware kits and systems, and Products related to computer and telephone integration technology.
Contact Information
Website
www.promise.comCorporate Office
- 2F, No. 30, Industry E. Rd. IX
- Science-Based Industrial Park
- Hsinchu, 300-75
- Taiwan
Corporate Office
- 2F, No. 30, Industry E. Rd. IX
- Science-Based Industrial Park
- Hsinchu, 300-75
- Taiwan
Promise Technology Stock Performance
As of 14-May-2025, Promise Technology’s stock price is $0.33. Its current market cap is $31M with 92.7M shares.
(As of Wednesday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$0.33 | $0.31 | $0.24 - $0.55 | $31M | 92.7M | 123K | -$0.02 |
Promise Technology Financials Summary
As of 31-Mar-2025, Promise Technology has a trailing 12-month revenue of $17.5M.
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
---|---|---|---|---|
EV | 24,617 | 29,368 | 35,544 | 23,855 |
Revenue | 17,501 | 17,862 | 18,766 | 29,899 |
EBITDA | 460 | (2,186) | (3,209) | 1,721 |
Net Income | (2,035) | (4,741) | (4,597) | 97 |
Total Assets | 27,773 | 31,687 | 38,682 | 41,531 |
Total Debt | 3,025 | 8,261 | 9,388 | 6,736 |
Promise Technology Comparisons
Industry
Financing
Details
Promise Technology Competitors (12)
One of Promise Technology’s 12 competitors is Vdura, a Private Equity-Backed company based in San Jose, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Vdura | Private Equity-Backed | San Jose, CA | ||||
Fast LTA | Private Equity-Backed | Munich, Germany | ||||
Drobo | Formerly VC-backed | Sunnyvale, CA | ||||
Unitrends | Private Equity-Backed | Burlington, MA | ||||
Nexsan | Private Equity-Backed | Sunnyvale, CA |
Promise Technology Patents
Promise Technology Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
JP-2011141857-A | Raid system | Pending | 06-Jan-2010 | ||
JP-2001125829-A | Controller device, disk controller, auxiliary storage device, computer system and auxiliary storage device control method | Pending | 28-Oct-1999 |
Promise Technology Signals
Promise Technology Acquisitions (1)
Promise Technology’s most recent deal was a Merger/Acquisition with iStor Networks. The deal was made on 26-Jul-2010.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
iStor Networks | 26-Jul-2010 | Merger/Acquisition | Storage (IT) |
Promise Technology Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
iStor Networks | Irvine, CA | 2001 |
Promise Technology FAQs
-
When was Promise Technology founded?
Promise Technology was founded in 1991.
-
Where is Promise Technology headquartered?
Promise Technology is headquartered in Hsinchu, Taiwan.
-
What is the size of Promise Technology?
Promise Technology has 418 total employees.
-
What industry is Promise Technology in?
Promise Technology’s primary industry is Storage (IT).
-
Is Promise Technology a private or public company?
Promise Technology is a Public company.
-
What is Promise Technology’s stock symbol?
The ticker symbol for Promise Technology is 3057.
-
What is the current stock price of Promise Technology?
As of 14-May-2025 the stock price of Promise Technology is $0.33.
-
What is the current market cap of Promise Technology?
The current market capitalization of Promise Technology is $31M.
-
What is Promise Technology’s current revenue?
The trailing twelve month revenue for Promise Technology is $17.5M.
-
Who are Promise Technology’s competitors?
Vdura, Fast LTA, Drobo, Unitrends, and Nexsan are some of the 12 competitors of Promise Technology.
-
What is Promise Technology’s annual earnings per share (EPS)?
Promise Technology’s EPS for 12 months was -$0.02.
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