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Tactile Systems Technology (TCMD) Financials

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$14.30 +0.27 (+1.92%)
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Annual Income Statements for Tactile Systems Technology

Annual Income Statements for Tactile Systems Technology

This table shows Tactile Systems Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-18 29 17
Consolidated Net Income / (Loss)
-18 29 17
Net Income / (Loss) Continuing Operations
-18 29 17
Total Pre-Tax Income
-15 16 23
Total Operating Income
-13 18 22
Total Gross Profit
176 195 217
Total Revenue
247 274 293
Operating Revenue
247 274 293
Total Cost of Revenue
71 79 76
Operating Cost of Revenue
71 79 76
Total Operating Expenses
189 177 195
Selling, General & Admin Expense
61 62 71
Marketing Expense
106 107 112
Research & Development Expense
7.09 7.82 8.83
Amortization Expense
14 0.08 2.53
Total Other Income / (Expense), net
-2.72 -2.27 1.31
Interest Expense
2.79 4.15 2.09
Interest & Investment Income
0.06 1.87 3.38
Other Income / (Expense), net
0.01 0.00 0.01
Income Tax Expense
2.39 -13 6.53
Weighted Average Basic Shares Outstanding
20.07M 22.93M 23.88M
Weighted Average Diluted Shares Outstanding
20.07M 23.18M 24.14M
Weighted Average Basic & Diluted Shares Outstanding
20.25M 23.60M 23.59M

Quarterly Income Statements for Tactile Systems Technology

This table shows Tactile Systems Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-2.28 4.62 -1.89 -0.10 22 8.20 -2.21 4.30 5.16 9.72
Consolidated Net Income / (Loss)
-2.28 4.62 -1.89 -0.10 22 8.20 -2.21 4.30 5.16 9.72
Net Income / (Loss) Continuing Operations
-2.28 4.62 -1.89 -0.10 22 8.20 -2.21 4.30 5.16 9.72
Total Pre-Tax Income
-2.36 6.90 -4.80 1.22 7.59 12 -2.81 6.07 7.23 13
Total Operating Income
-1.62 7.85 -3.81 2.06 7.99 12 -2.96 5.85 6.78 13
Total Gross Profit
47 52 41 48 49 56 43 54 55 64
Total Revenue
65 74 59 68 70 78 61 73 73 86
Operating Revenue
65 74 59 68 70 78 61 73 73 86
Total Cost of Revenue
18 22 17 20 20 22 18 19 18 21
Operating Cost of Revenue
18 22 17 20 20 22 18 19 18 21
Total Operating Expenses
48 44 45 46 41 44 46 48 48 52
Selling, General & Admin Expense
16 13 15 15 16 15 16 17 18 20
Marketing Expense
27 27 26 28 26 27 27 29 27 29
Research & Development Expense
1.58 2.14 2.23 1.83 1.96 1.79 2.14 2.23 2.42 2.04
Amortization Expense
3.99 1.60 1.31 1.21 -3.07 0.63 0.63 0.63 0.63 0.63
Total Other Income / (Expense), net
-0.74 -0.95 -0.99 -0.84 -0.40 -0.04 0.16 0.23 0.45 0.48
Other Income / (Expense), net
-0.74 1.78 -0.99 -0.84 -0.40 2.24 0.16 0.23 0.45 -0.82
Income Tax Expense
-0.08 2.28 -2.91 1.32 -15 3.56 -0.60 1.78 2.08 3.28
Weighted Average Basic Shares Outstanding
20.14M 20.07M 21.28M 23.35M 23.48M 22.93M 23.67M 23.87M 23.99M 23.88M
Weighted Average Diluted Shares Outstanding
20.14M 20.07M 21.28M 23.35M 23.85M 23.18M 23.67M 24.10M 24.25M 24.14M
Weighted Average Basic & Diluted Shares Outstanding
20.15M 20.25M 23.24M 23.46M 23.50M 23.60M 23.76M 23.97M 24.00M 23.59M

Annual Cash Flow Statements for Tactile Systems Technology

This table details how cash moves in and out of Tactile Systems Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents
-6.30 39 33
Net Cash From Operating Activities
5.21 36 41
Net Cash From Continuing Operating Activities
5.21 36 41
Net Income / (Loss) Continuing Operations
-18 29 17
Consolidated Net Income / (Loss)
-18 29 17
Depreciation Expense
6.27 6.54 6.79
Non-Cash Adjustments To Reconcile Net Income
18 7.08 7.97
Changes in Operating Assets and Liabilities, net
-1.18 -6.28 8.93
Net Cash From Investing Activities
-1.91 -2.48 -2.50
Net Cash From Continuing Investing Activities
-1.91 -2.48 -2.50
Purchase of Property, Plant & Equipment
-1.78 -2.32 -2.39
Acquisitions
-0.14 -0.16 -0.12
Sale of Property, Plant & Equipment
0.01 0.00 0.01
Net Cash From Financing Activities
-9.60 5.73 -4.82
Net Cash From Continuing Financing Activities
-9.60 5.73 -4.82
Repayment of Debt
-6.04 -28 -3.00
Repurchase of Common Equity
0.00 0.00 -3.51
Issuance of Debt
0.00 8.25 0.00
Issuance of Common Equity
1.29 36 1.66
Other Financing Activities, net
-4.85 -11 0.02
Cash Interest Paid
2.19 4.56 2.11
Cash Income Taxes Paid
0.04 5.82 6.85

Quarterly Cash Flow Statements for Tactile Systems Technology

This table details how cash moves in and out of Tactile Systems Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
0.08 -1.50 33 8.20 2.82 -5.00 -0.33 13 8.53 12
Net Cash From Operating Activities
2.25 3.86 -0.50 14 4.10 18 0.92 13 10 16
Net Cash From Continuing Operating Activities
2.25 3.86 -0.50 14 4.10 18 0.92 13 10 16
Net Income / (Loss) Continuing Operations
-2.28 4.62 -1.89 -0.10 22 8.20 -2.21 4.30 5.16 9.72
Consolidated Net Income / (Loss)
-2.28 4.62 -1.89 -0.10 22 8.20 -2.21 4.30 5.16 9.72
Depreciation Expense
1.66 1.60 1.63 1.64 1.65 1.62 1.63 1.71 1.73 1.71
Non-Cash Adjustments To Reconcile Net Income
4.26 1.82 5.11 2.92 -2.08 1.14 1.91 2.68 1.91 1.47
Changes in Operating Assets and Liabilities, net
-1.38 -4.18 -5.35 9.45 -18 7.39 -0.41 4.45 1.46 3.44
Net Cash From Investing Activities
-1.43 -0.07 -0.29 -0.85 -0.40 -0.94 -0.50 -0.53 -0.98 -0.49
Net Cash From Continuing Investing Activities
-1.43 -0.07 -0.29 -0.85 -0.40 -0.94 -0.50 -0.53 -0.98 -0.49
Purchase of Property, Plant & Equipment
-1.40 -0.05 -0.24 -0.80 -0.38 -0.90 -0.48 -0.50 -0.95 -0.46
Acquisitions
-0.03 -0.03 -0.05 -0.05 -0.02 -0.04 -0.02 -0.04 -0.03 -0.03
Net Cash From Financing Activities
-0.75 -5.29 34 -4.86 -0.87 -22 -0.75 0.30 -0.75 -3.62
Net Cash From Continuing Financing Activities
-0.75 -5.29 34 -4.86 -0.87 -22 -0.75 0.30 -0.75 -3.62
Repayment of Debt
-0.75 -0.75 -0.75 -0.75 -9.13 -18 -0.75 -0.75 -0.75 -0.75
Issuance of Common Equity
- 0.46 35 0.88 - 0.66 0.00 1.04 - 0.62
Other Financing Activities, net
- -5.00 0.00 -4.99 0.00 -5.57 0.00 0.00 - 0.02
Cash Interest Paid
0.99 0.75 0.93 1.00 0.89 1.75 0.58 0.52 0.51 0.49
Cash Income Taxes Paid
0.00 0.02 0.01 2.41 0.59 2.81 0.05 2.12 2.25 2.42

Annual Balance Sheets for Tactile Systems Technology

This table presents Tactile Systems Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Total Assets
255 281 298
Total Current Assets
120 145 178
Cash & Equivalents
22 61 94
Short-Term Investments
16 14 15
Accounts Receivable
55 43 45
Inventories, net
23 23 19
Prepaid Expenses
3.75 4.37 5.05
Plant, Property, & Equipment, net
6.08 6.20 5.60
Total Noncurrent Assets
129 130 115
Noncurrent Note & Lease Receivables
23 11 0.00
Goodwill
31 31 31
Intangible Assets
50 47 43
Noncurrent Deferred & Refundable Income Taxes
0.00 19 18
Other Noncurrent Operating Assets
25 22 23
Total Liabilities & Shareholders' Equity
255 281 298
Total Liabilities
134 88 81
Total Current Liabilities
64 41 41
Short-Term Debt
2.97 2.96 2.96
Accounts Payable
9.98 6.66 5.65
Accrued Expenses
9.24 5.90 7.78
Current Deferred & Payable Income Tax Liabilities
2.34 1.47 0.27
Current Employee Benefit Liabilities
17 17 18
Other Current Liabilities
23 7.28 6.13
Total Noncurrent Liabilities
69 47 41
Long-Term Debt
46 26 23
Noncurrent Deferred Revenue
0.30 0.45 0.24
Other Noncurrent Operating Liabilities
23 20 17
Total Equity & Noncontrolling Interests
121 194 217
Total Preferred & Common Equity
121 194 217
Preferred Stock
0.00 0.00 0.00
Total Common Equity
121 194 217
Common Stock
131 175 181
Retained Earnings
-9.62 19 36

Quarterly Balance Sheets for Tactile Systems Technology

This table presents Tactile Systems Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
249 276 274 293 272 279 288
Total Current Assets
117 145 150 152 141 152 162
Cash & Equivalents
23 55 63 66 61 74 82
Short-Term Investments
15 14 13 14 14 14 14
Accounts Receivable
52 51 47 44 40 42 40
Inventories, net
23 20 20 23 21 19 21
Prepaid Expenses
3.48 4.88 4.48 4.67 4.91 3.91 5.13
Plant, Property, & Equipment, net
6.68 5.66 5.77 5.49 6.22 5.69 5.88
Total Noncurrent Assets
125 124 118 136 125 121 119
Noncurrent Note & Lease Receivables
18 20 15 15 6.95 4.51 3.63
Goodwill
31 31 31 31 31 31 31
Intangible Assets
51 49 49 48 46 45 44
Noncurrent Deferred & Refundable Income Taxes
- - - 21 19 19 20
Other Noncurrent Operating Assets
25 24 23 22 21 21 21
Total Liabilities & Shareholders' Equity
249 276 274 293 272 279 288
Total Liabilities
134 119 115 110 79 78 80
Total Current Liabilities
56 51 49 46 33 34 37
Short-Term Debt
2.97 2.97 2.97 2.96 2.96 2.96 2.96
Accounts Payable
11 9.59 9.30 6.40 5.49 5.09 7.29
Accrued Expenses
6.95 6.60 5.17 5.33 6.87 6.70 7.09
Current Deferred & Payable Income Tax Liabilities
0.01 0.00 0.00 2.09 0.73 0.50 0.61
Current Employee Benefit Liabilities
14 11 14 15 11 12 13
Other Current Liabilities
21 21 17 14 6.08 6.87 6.12
Total Noncurrent Liabilities
78 68 66 65 45 44 43
Long-Term Debt
47 45 44 44 25 25 24
Noncurrent Deferred Revenue
0.30 0.45 0.45 0.44 0.50 0.50 0.50
Other Noncurrent Operating Liabilities
31 22 22 21 20 19 18
Total Equity & Noncontrolling Interests
114 156 159 183 193 201 208
Total Preferred & Common Equity
114 156 159 183 193 201 208
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
114 156 159 183 193 201 208
Common Stock
129 168 170 172 177 180 182
Retained Earnings
-14 -12 -12 11 17 21 26

Annual Metrics and Ratios for Tactile Systems Technology

This table displays calculated financial ratios and metrics derived from Tactile Systems Technology's official financial filings.

Metric 2022 2023 2024
Growth Metrics
- - -
Revenue Growth
18.61% 11.20% 6.76%
EBITDA Growth
-566.64% 479.53% 17.90%
EBIT Growth
-455.82% 241.57% 22.98%
NOPAT Growth
-624.06% 465.28% -50.90%
Net Income Growth
-51.27% 259.60% -40.52%
EPS Growth
0.00% 0.00% 0.00%
Operating Cash Flow Growth
97.99% 588.33% 13.39%
Free Cash Flow Firm Growth
101.46% 1,427.26% 71.86%
Invested Capital Growth
-7.07% 11.60% -9.27%
Revenue Q/Q Growth
5.19% 1.39% 2.78%
EBITDA Q/Q Growth
49.34% 41.11% 0.06%
EBIT Q/Q Growth
32.87% 65.44% -0.32%
NOPAT Q/Q Growth
24.25% 1.26% 7.53%
Net Income Q/Q Growth
40.41% 14.36% 9.80%
EPS Q/Q Growth
0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
-25.16% 67.88% -4.73%
Free Cash Flow Firm Q/Q Growth
-92.33% 116.30% 14.59%
Invested Capital Q/Q Growth
5.33% -1.46% -3.50%
Profitability Metrics
- - -
Gross Margin
71.31% 71.11% 73.96%
EBITDA Margin
-2.62% 8.96% 9.89%
Operating Margin
-5.17% 6.57% 7.57%
EBIT Margin
-5.16% 6.57% 7.57%
Profit (Net Income) Margin
-7.24% 10.39% 5.79%
Tax Burden Percent
115.47% 180.82% 72.20%
Interest Burden Percent
121.40% 87.40% 105.85%
Effective Tax Rate
0.00% -80.82% 27.80%
Return on Invested Capital (ROIC)
-6.51% 23.32% 11.38%
ROIC Less NNEP Spread (ROIC-NNEP)
-78.44% 46.59% 9.92%
Return on Net Nonoperating Assets (RNNOA)
-7.81% -5.22% -3.11%
Return on Equity (ROE)
-14.31% 18.10% 8.27%
Cash Return on Invested Capital (CROIC)
0.82% 12.35% 21.10%
Operating Return on Assets (OROA)
-5.11% 6.73% 7.66%
Return on Assets (ROA)
-7.16% 10.63% 5.85%
Return on Common Equity (ROCE)
-14.31% 18.10% 8.27%
Return on Equity Simple (ROE_SIMPLE)
-14.72% 14.73% 7.83%
Net Operating Profit after Tax (NOPAT)
-8.93 33 16
NOPAT Margin
-3.62% 11.89% 5.47%
Net Nonoperating Expense Percent (NNEP)
71.94% -23.27% 1.47%
Return On Investment Capital (ROIC_SIMPLE)
-5.25% 14.64% 6.60%
Cost of Revenue to Revenue
28.69% 28.89% 26.04%
SG&A Expenses to Revenue
24.64% 22.62% 24.28%
R&D to Revenue
2.87% 2.85% 3.01%
Operating Expenses to Revenue
76.48% 64.53% 66.39%
Earnings before Interest and Taxes (EBIT)
-13 18 22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-6.48 25 29
Valuation Ratios
- - -
Price to Book Value (P/BV)
1.91 1.74 1.90
Price to Tangible Book Value (P/TBV)
5.79 2.90 2.88
Price to Revenue (P/Rev)
0.94 1.22 1.40
Price to Earnings (P/E)
0.00 11.78 24.24
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.00% 8.49% 4.13%
Enterprise Value to Invested Capital (EV/IC)
1.83 1.96 2.45
Enterprise Value to Revenue (EV/Rev)
0.98 1.06 1.12
Enterprise Value to EBITDA (EV/EBITDA)
0.00 11.79 11.33
Enterprise Value to EBIT (EV/EBIT)
0.00 16.07 14.80
Enterprise Value to NOPAT (EV/NOPAT)
0.00 8.89 20.50
Enterprise Value to Operating Cash Flow (EV/OCF)
46.49 8.09 8.08
Enterprise Value to Free Cash Flow (EV/FCFF)
214.05 16.78 11.06
Leverage & Solvency
- - -
Debt to Equity
0.40 0.15 0.12
Long-Term Debt to Equity
0.38 0.14 0.11
Financial Leverage
0.10 -0.11 -0.31
Leverage Ratio
2.00 1.70 1.41
Compound Leverage Factor
2.43 1.49 1.49
Debt to Total Capital
28.70% 13.08% 10.78%
Short-Term Debt to Total Capital
1.74% 1.33% 1.22%
Long-Term Debt to Total Capital
26.96% 11.75% 9.56%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00%
Common Equity to Total Capital
71.30% 86.92% 89.22%
Debt to EBITDA
-7.54 1.19 0.90
Net Debt to EBITDA
-1.67 -1.88 -2.85
Long-Term Debt to EBITDA
-7.09 1.06 0.80
Debt to NOPAT
-5.47 0.89 1.63
Net Debt to NOPAT
-1.21 -1.41 -5.17
Long-Term Debt to NOPAT
-5.14 0.80 1.45
Altman Z-Score
2.05 4.02 4.98
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00%
Liquidity Ratios
- - -
Current Ratio
1.86 3.54 4.36
Quick Ratio
1.44 2.88 3.78
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
1.13 17 30
Operating Cash Flow to CapEx
294.46% 1,542.81% 1,708.19%
Free Cash Flow to Firm to Interest Expense
0.41 4.17 14.24
Operating Cash Flow to Interest Expense
1.87 8.65 19.50
Operating Cash Flow Less CapEx to Interest Expense
1.23 8.09 18.36
Efficiency Ratios
- - -
Asset Turnover
0.99 1.02 1.01
Accounts Receivable Turnover
4.73 5.60 6.65
Inventory Turnover
3.34 3.47 3.70
Fixed Asset Turnover
38.48 44.72 49.67
Accounts Payable Turnover
9.44 9.53 12.40
Days Sales Outstanding (DSO)
77.13 65.17 54.88
Days Inventory Outstanding (DIO)
109.13 105.07 98.53
Days Payable Outstanding (DPO)
38.68 38.31 29.44
Cash Conversion Cycle (CCC)
147.58 131.94 123.98
Capital & Investment Metrics
- - -
Invested Capital
132 148 134
Invested Capital Turnover
1.80 1.96 2.08
Increase / (Decrease) in Invested Capital
-10 15 -14
Enterprise Value (EV)
242 290 328
Market Capitalization
231 336 411
Book Value per Share
$6.02 $8.24 $9.03
Tangible Book Value per Share
$1.98 $4.93 $5.95
Total Capital
170 223 243
Total Debt
49 29 26
Total Long-Term Debt
46 26 23
Net Debt
11 -46 -83
Capital Expenditures (CapEx)
1.77 2.32 2.38
Debt-free, Cash-free Net Working Capital (DFCFNWC)
20 32 31
Debt-free Net Working Capital (DFNWC)
58 107 140
Net Working Capital (NWC)
55 104 137
Net Nonoperating Expense (NNE)
8.94 4.11 -0.94
Net Nonoperating Obligations (NNO)
11 -46 -83
Total Depreciation and Amortization (D&A)
6.27 6.54 6.79
Debt-free, Cash-free Net Working Capital to Revenue
8.24% 11.65% 10.55%
Debt-free Net Working Capital to Revenue
23.66% 39.06% 47.72%
Net Working Capital to Revenue
22.46% 37.98% 46.71%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
20.07M 22.93M 23.88M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
20.07M 23.18M 24.14M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
20.25M 23.60M 23.59M
Normalized Net Operating Profit after Tax (NOPAT)
-8.93 13 16
Normalized NOPAT Margin
-3.62% 4.60% 5.47%
Pre Tax Income Margin
-6.27% 5.75% 8.02%
Debt Service Ratios
- - -
EBIT to Interest Expense
-4.57 4.35 10.64
NOPAT to Interest Expense
-3.20 7.87 7.68
EBIT Less CapEx to Interest Expense
-5.21 3.79 9.50
NOPAT Less CapEx to Interest Expense
-3.84 7.31 6.54
Payout Ratios
- - -
Dividend Payout Ratio
0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 20.68%

Quarterly Metrics and Ratios for Tactile Systems Technology

This table displays calculated financial ratios and metrics derived from Tactile Systems Technology's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
24.32% 19.72% 22.65% 14.58% 6.63% 5.08% 3.81% 7.14% 5.04% 10.22%
EBITDA Growth
-12.34% 128.22% 77.11% 190.74% 1,416.98% 39.50% 62.93% 172.20% -2.87% -14.40%
EBIT Growth
-58.44% 184.18% 68.75% 126.18% 421.94% 45.79% 41.47% 397.87% -4.64% -16.71%
NOPAT Growth
-18.51% 163.12% 74.46% 94.10% 2,171.14% 56.49% 22.12% 2,553.51% -79.42% 13.77%
Net Income Growth
32.07% 161.65% 87.89% 97.84% 1,078.46% 77.49% -17.13% 4,398.00% -76.88% 18.46%
EPS Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth
313.04% -31.23% 84.34% 503.17% 81.72% 376.06% 284.06% -5.51% 150.39% -11.00%
Free Cash Flow Firm Growth
126.59% 118.15% 92.63% 96.31% -102.91% -146.44% -139.14% -236.91% 2,241.72% 423.83%
Invested Capital Growth
-17.45% -7.07% 2.22% 1.56% 19.30% 11.60% 8.36% 8.81% -7.36% -9.27%
Revenue Q/Q Growth
9.42% 13.24% -20.37% 16.13% 1.82% 11.59% -21.33% 19.86% -0.17% 17.09%
EBITDA Q/Q Growth
77.76% 1,701.43% -137.30% 190.22% 222.80% 69.63% -108.78% 762.55% 15.18% 49.49%
EBIT Q/Q Growth
49.44% 508.66% -169.55% 125.42% 521.72% 85.06% -123.88% 316.23% 19.08% 61.65%
NOPAT Q/Q Growth
60.36% 563.60% -150.68% 93.67% 14,023.13% -64.97% -125.22% 299.48% 16.77% 93.67%
Net Income Q/Q Growth
50.88% 302.76% -140.81% 94.70% 22,399.00% -63.22% -126.93% 294.57% 19.94% 88.48%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
-2.26% 71.03% -113.02% 2,870.72% -70.55% 348.05% -94.97% 1,322.29% -21.96% 59.25%
Free Cash Flow Firm Q/Q Growth
143.32% -39.69% -136.60% 61.42% 65.77% -861.10% -88.43% 45.65% 317.60% 45.32%
Invested Capital Q/Q Growth
-1.75% 5.33% 2.50% -4.26% 15.42% -1.46% -0.48% -3.86% -1.73% -3.50%
Profitability Metrics
- - - - - - - - - -
Gross Margin
71.70% 70.50% 70.47% 70.68% 70.93% 72.13% 71.09% 73.89% 74.96% 75.21%
EBITDA Margin
-1.07% 15.19% -5.39% 4.19% 13.27% 20.17% -1.92% 10.63% 12.27% 15.66%
Operating Margin
-2.48% 10.62% -6.47% 3.01% 11.48% 15.20% -4.85% 7.99% 9.28% 14.62%
EBIT Margin
-3.61% 13.03% -8.16% 1.79% 10.90% 18.08% -4.60% 8.30% 9.90% 13.66%
Profit (Net Income) Margin
-3.49% 6.25% -3.21% -0.15% 32.05% 10.56% -3.62% 5.87% 7.05% 11.35%
Tax Burden Percent
96.73% 66.97% 39.30% -8.20% 293.99% 69.72% 78.64% 70.76% 71.27% 74.79%
Interest Burden Percent
100.00% 71.67% 100.00% 100.00% 100.00% 83.81% 100.00% 100.00% 100.00% 111.11%
Effective Tax Rate
0.00% 33.03% 0.00% 108.20% -193.99% 30.28% 0.00% 29.24% 28.73% 25.21%
Return on Invested Capital (ROIC)
-2.94% 12.79% -8.70% -0.51% 66.38% 20.79% -6.66% 11.75% 13.07% 22.77%
ROIC Less NNEP Spread (ROIC-NNEP)
-10.31% 7.67% -59.33% -1.40% 77.19% 20.93% -6.26% 11.39% 12.44% 22.22%
Return on Net Nonoperating Assets (RNNOA)
-1.30% 0.76% 0.67% 0.08% -5.71% -2.34% 1.20% -2.81% -3.26% -6.98%
Return on Equity (ROE)
-4.24% 13.56% -8.03% -0.43% 60.67% 18.44% -5.45% 8.94% 9.81% 15.79%
Cash Return on Invested Capital (CROIC)
10.62% 0.82% -3.06% -0.26% 5.80% 12.35% 13.21% 15.69% 17.97% 21.10%
Operating Return on Assets (OROA)
-3.40% 12.88% -8.26% 1.86% 10.89% 18.50% -4.65% 8.45% 9.71% 13.82%
Return on Assets (ROA)
-3.29% 6.18% -3.25% -0.15% 32.02% 10.81% -3.65% 5.98% 6.92% 11.48%
Return on Common Equity (ROCE)
-4.24% 13.56% -8.03% -0.43% 60.67% 18.44% -5.45% 8.94% 9.81% 15.79%
Return on Equity Simple (ROE_SIMPLE)
-26.21% 0.00% -2.68% 0.22% 13.64% 0.00% 14.57% 16.24% 7.43% 0.00%
Net Operating Profit after Tax (NOPAT)
-1.13 5.26 -2.66 -0.17 23 8.23 -2.07 4.14 4.83 9.36
NOPAT Margin
-1.74% 7.11% -4.53% -0.25% 33.75% 10.59% -3.40% 5.65% 6.61% 10.94%
Net Nonoperating Expense Percent (NNEP)
7.37% 5.12% 50.63% 0.89% -10.81% -0.14% -0.40% 0.36% 0.63% 0.55%
Return On Investment Capital (ROIC_SIMPLE)
- 3.09% - - - 3.69% - - - 3.86%
Cost of Revenue to Revenue
28.30% 29.50% 29.53% 29.32% 29.07% 27.87% 28.91% 26.11% 25.04% 24.79%
SG&A Expenses to Revenue
24.91% 18.17% 26.23% 21.94% 23.64% 19.57% 26.62% 22.92% 24.79% 23.34%
R&D to Revenue
2.42% 2.89% 3.79% 2.68% 2.82% 2.31% 3.51% 3.05% 3.31% 2.38%
Operating Expenses to Revenue
74.18% 59.87% 76.94% 67.66% 59.45% 56.93% 75.94% 65.90% 65.68% 60.59%
Earnings before Interest and Taxes (EBIT)
-2.36 9.63 -4.80 1.22 7.59 14 -2.81 6.07 7.23 12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-0.70 11 -3.17 2.86 9.23 16 -1.18 7.79 8.97 13
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.37 1.91 2.13 3.65 1.80 1.74 1.97 1.41 1.68 1.90
Price to Tangible Book Value (P/TBV)
4.90 5.79 4.40 7.32 3.17 2.90 3.27 2.27 2.63 2.88
Price to Revenue (P/Rev)
0.67 0.94 1.29 2.17 1.22 1.22 1.38 1.01 1.23 1.40
Price to Earnings (P/E)
0.00 0.00 0.00 1,627.18 13.22 11.78 13.54 8.71 22.67 24.24
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.06% 7.56% 8.49% 7.38% 11.49% 4.41% 4.13%
Enterprise Value to Invested Capital (EV/IC)
1.34 1.83 2.30 4.24 1.98 1.96 2.28 1.59 2.03 2.45
Enterprise Value to Revenue (EV/Rev)
0.72 0.98 1.21 2.07 1.10 1.06 1.21 0.80 0.99 1.12
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 211.43 73.49 17.02 11.79 13.79 7.67 9.70 11.33
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 570.20 27.19 16.07 18.87 9.91 12.62 14.80
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 332.78 9.20 8.89 11.18 6.86 18.87 20.50
Enterprise Value to Operating Cash Flow (EV/OCF)
24.13 46.49 39.41 28.19 13.88 8.09 8.99 6.14 6.58 8.08
Enterprise Value to Free Cash Flow (EV/FCFF)
11.39 214.05 0.00 0.00 37.12 16.78 17.98 10.55 10.84 11.06
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.43 0.40 0.31 0.30 0.25 0.15 0.15 0.14 0.13 0.12
Long-Term Debt to Equity
0.41 0.38 0.29 0.28 0.24 0.14 0.13 0.12 0.12 0.11
Financial Leverage
0.13 0.10 -0.01 -0.06 -0.07 -0.11 -0.19 -0.25 -0.26 -0.31
Leverage Ratio
2.02 2.00 1.88 1.87 1.82 1.70 1.57 1.54 1.49 1.41
Compound Leverage Factor
2.02 1.43 1.88 1.87 1.82 1.43 1.57 1.54 1.49 1.57
Debt to Total Capital
30.24% 28.70% 23.56% 22.99% 20.29% 13.08% 12.80% 12.11% 11.46% 10.78%
Short-Term Debt to Total Capital
1.81% 1.74% 1.45% 1.44% 1.29% 1.33% 1.33% 1.29% 1.26% 1.22%
Long-Term Debt to Total Capital
28.43% 26.96% 22.11% 21.55% 19.00% 11.75% 11.47% 10.82% 10.20% 9.56%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
69.76% 71.30% 76.44% 77.01% 79.71% 86.92% 87.20% 87.89% 88.54% 89.22%
Debt to EBITDA
-3.88 -7.54 32.63 6.33 2.67 1.19 1.17 0.95 0.93 0.90
Net Debt to EBITDA
-0.87 -1.67 -14.01 -3.88 -1.90 -1.88 -1.92 -2.04 -2.39 -2.85
Long-Term Debt to EBITDA
-3.65 -7.09 30.62 5.94 2.50 1.06 1.05 0.85 0.83 0.80
Debt to NOPAT
-4.21 -5.47 -41.35 28.67 1.44 0.89 0.95 0.85 1.81 1.63
Net Debt to NOPAT
-0.94 -1.21 17.75 -17.56 -1.03 -1.41 -1.56 -1.82 -4.65 -5.17
Long-Term Debt to NOPAT
-3.95 -5.14 -38.80 26.87 1.35 0.80 0.85 0.76 1.61 1.45
Altman Z-Score
1.83 2.34 2.90 4.39 3.28 3.97 4.46 3.87 4.36 4.87
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.10 1.86 2.83 3.08 3.33 3.54 4.26 4.44 4.37 4.36
Quick Ratio
1.62 1.44 2.33 2.53 2.71 2.88 3.49 3.77 3.66 3.78
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
25 15 -5.61 -2.16 -0.74 -7.11 -13 -7.29 16 23
Operating Cash Flow to CapEx
161.00% 7,867.35% -208.30% 1,734.29% 1,075.07% 2,039.11% 191.70% 2,628.40% 1,079.58% 3,550.65%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.94 0.99 1.01 1.04 1.00 1.02 1.01 1.02 0.98 1.01
Accounts Receivable Turnover
4.88 4.73 5.32 5.57 5.66 5.60 6.05 6.36 6.80 6.65
Inventory Turnover
2.81 3.34 3.75 3.86 3.42 3.47 3.90 4.02 3.43 3.70
Fixed Asset Turnover
35.72 38.48 43.00 45.34 44.51 44.72 46.61 49.13 50.17 49.67
Accounts Payable Turnover
7.59 9.44 9.38 8.44 9.04 9.53 10.55 10.93 11.21 12.40
Days Sales Outstanding (DSO)
74.73 77.13 68.67 65.58 64.52 65.17 60.36 57.36 53.68 54.88
Days Inventory Outstanding (DIO)
129.70 109.13 97.30 94.63 106.86 105.07 93.71 90.87 106.26 98.53
Days Payable Outstanding (DPO)
48.07 38.68 38.90 43.24 40.37 38.31 34.58 33.39 32.57 29.44
Cash Conversion Cycle (CCC)
156.36 147.58 127.07 116.98 131.01 131.94 119.49 114.84 127.38 123.98
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
126 132 136 130 150 148 147 141 139 134
Invested Capital Turnover
1.69 1.80 1.92 2.07 1.97 1.96 1.96 2.08 1.98 2.08
Increase / (Decrease) in Invested Capital
-27 -10 2.94 1.99 24 15 11 11 -11 -14
Enterprise Value (EV)
168 242 312 550 297 290 335 224 281 328
Market Capitalization
157 231 333 579 330 336 382 284 350 411
Book Value per Share
$5.68 $6.02 $7.71 $6.83 $7.79 $8.24 $8.18 $8.45 $8.67 $9.03
Tangible Book Value per Share
$1.59 $1.98 $3.73 $3.41 $4.44 $4.93 $4.93 $5.25 $5.55 $5.95
Total Capital
164 170 204 206 229 223 222 228 235 243
Total Debt
50 49 48 47 47 29 28 28 27 26
Total Long-Term Debt
47 46 45 44 44 26 25 25 24 23
Net Debt
11 11 -21 -29 -33 -46 -47 -60 -69 -83
Capital Expenditures (CapEx)
1.40 0.05 0.24 0.80 0.38 0.90 0.48 0.50 0.95 0.46
Debt-free, Cash-free Net Working Capital (DFCFNWC)
26 20 28 28 29 32 36 33 32 31
Debt-free Net Working Capital (DFNWC)
64 58 97 104 109 107 111 121 128 140
Net Working Capital (NWC)
61 55 94 101 106 104 108 118 125 137
Net Nonoperating Expense (NNE)
1.15 0.64 -0.78 -0.07 1.19 0.03 0.13 -0.16 -0.32 -0.36
Net Nonoperating Obligations (NNO)
11 11 -21 -29 -33 -46 -47 -60 -69 -83
Total Depreciation and Amortization (D&A)
1.66 1.60 1.63 1.64 1.65 1.62 1.63 1.71 1.73 1.71
Debt-free, Cash-free Net Working Capital to Revenue
10.92% 8.24% 10.95% 10.35% 10.86% 11.65% 13.04% 11.88% 11.25% 10.55%
Debt-free Net Working Capital to Revenue
27.32% 23.66% 37.65% 39.05% 40.28% 39.06% 40.16% 42.84% 44.97% 47.72%
Net Working Capital to Revenue
26.06% 22.46% 36.49% 37.93% 39.19% 37.98% 39.09% 41.79% 43.93% 46.71%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
20.14M 20.07M 21.28M 23.35M 23.48M 22.93M 23.67M 23.87M 23.99M 23.88M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
20.14M 20.07M 21.28M 23.35M 23.85M 23.18M 23.67M 24.10M 24.25M 24.14M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
20.15M 20.25M 23.24M 23.46M 23.50M 23.60M 23.76M 23.97M 24.00M 23.59M
Normalized Net Operating Profit after Tax (NOPAT)
-1.13 5.26 -2.66 1.44 5.59 8.23 -2.07 4.14 4.83 9.36
Normalized NOPAT Margin
-1.74% 7.11% -4.53% 2.11% 8.04% 10.59% -3.40% 5.65% 6.61% 10.94%
Pre Tax Income Margin
-3.61% 9.34% -8.16% 1.79% 10.90% 15.15% -4.60% 8.30% 9.90% 15.18%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.68%

Frequently Asked Questions About Tactile Systems Technology's Financials

When does Tactile Systems Technology's financial year end?

According to the most recent income statement we have on file, Tactile Systems Technology's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Tactile Systems Technology's net income changed over the last 2 years?

Tactile Systems Technology's net income appears to be on an upward trend, with a most recent value of $16.96 million in 2024, falling from -$17.87 million in 2022. The previous period was $28.52 million in 2023.

What is Tactile Systems Technology's operating income?
Tactile Systems Technology's total operating income in 2024 was $22.18 million, based on the following breakdown:
  • Total Gross Profit: $216.69 million
  • Total Operating Expenses: $194.51 million
How has Tactile Systems Technology revenue changed over the last 2 years?

Over the last 2 years, Tactile Systems Technology's total revenue changed from $246.79 million in 2022 to $292.98 million in 2024, a change of 18.7%.

How much debt does Tactile Systems Technology have?

Tactile Systems Technology's total liabilities were at $81.33 million at the end of 2024, a 7.4% decrease from 2023, and a 39.1% decrease since 2022.

How much cash does Tactile Systems Technology have?

In the past 2 years, Tactile Systems Technology's cash and equivalents has ranged from $21.93 million in 2022 to $94.37 million in 2024, and is currently $94.37 million as of their latest financial filing in 2024.

How has Tactile Systems Technology's book value per share changed over the last 2 years?

Over the last 2 years, Tactile Systems Technology's book value per share changed from 6.02 in 2022 to 9.03 in 2024, a change of 49.8%.



This page (NASDAQ:TCMD) was last updated on 4/24/2025 by MarketBeat.com Staff
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