Tactile Systems Technology (TCMD) Financials

$9.85 -0.55 (-5.29%)

Closing price 05/21/2025 04:00 PM Eastern

Extended Trading

$10.20 +0.36 (+3.60%)

As of 05/21/2025 05:41 PM Eastern

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	17	29	-18
Consolidated Net Income / (Loss)	17	29	-18
Net Income / (Loss) Continuing Operations	17	29	-18
Total Pre-Tax Income	23	16	-15
Total Operating Income	22	18	-13
Total Gross Profit	217	195	176
Total Revenue	293	274	247
Operating Revenue	293	274	247
Total Cost of Revenue	76	79	71
Operating Cost of Revenue	76	79	71
Total Operating Expenses	195	177	189
Selling, General & Admin Expense	71	62	61
Marketing Expense	112	107	106
Research & Development Expense	8.83	7.82	7.09
Amortization Expense	2.53	0.08	14
Total Other Income / (Expense), net	1.31	-2.27	-2.72
Interest Expense	2.09	4.15	2.79
Interest & Investment Income	3.38	1.87	0.06
Other Income / (Expense), net	0.01	0.00	0.01
Income Tax Expense	6.53	-13	2.39
Weighted Average Basic Shares Outstanding	23.88M	22.93M	20.07M
Weighted Average Diluted Shares Outstanding	24.14M	23.18M	20.07M
Weighted Average Basic & Diluted Shares Outstanding	23.59M	23.60M	20.25M

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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	9.72	5.16	4.30	-2.21	8.20	22	-0.10	-1.89	4.62	-2.28
Consolidated Net Income / (Loss)	9.72	5.16	4.30	-2.21	8.20	22	-0.10	-1.89	4.62	-2.28
Net Income / (Loss) Continuing Operations	9.72	5.16	4.30	-2.21	8.20	22	-0.10	-1.89	4.62	-2.28
Total Pre-Tax Income	13	7.23	6.07	-2.81	12	7.59	1.22	-4.80	6.90	-2.36
Total Operating Income	13	6.78	5.85	-2.96	12	7.99	2.06	-3.81	7.85	-1.62
Total Gross Profit	64	55	54	43	56	49	48	41	52	47
Total Revenue	86	73	73	61	78	70	68	59	74	65
Operating Revenue	86	73	73	61	78	70	68	59	74	65
Total Cost of Revenue	21	18	19	18	22	20	20	17	22	18
Operating Cost of Revenue	21	18	19	18	22	20	20	17	22	18
Total Operating Expenses	52	48	48	46	44	41	46	45	44	48
Selling, General & Admin Expense	20	18	17	16	15	16	15	15	13	16
Marketing Expense	29	27	29	27	27	26	28	26	27	27
Research & Development Expense	2.04	2.42	2.23	2.14	1.79	1.96	1.83	2.23	2.14	1.58
Amortization Expense	0.63	0.63	0.63	0.63	0.63	-3.07	1.21	1.31	1.60	3.99
Total Other Income / (Expense), net	0.48	0.45	0.23	0.16	-0.04	-0.40	-0.84	-0.99	-0.95	-0.74
Other Income / (Expense), net	-0.82	0.45	0.23	0.16	2.24	-0.40	-0.84	-0.99	1.78	-0.74
Income Tax Expense	3.28	2.08	1.78	-0.60	3.56	-15	1.32	-2.91	2.28	-0.08
Weighted Average Basic Shares Outstanding	23.88M	23.99M	23.87M	23.67M	22.93M	23.48M	23.35M	21.28M	20.07M	20.14M
Weighted Average Diluted Shares Outstanding	24.14M	24.25M	24.10M	23.67M	23.18M	23.85M	23.35M	21.28M	20.07M	20.14M
Weighted Average Basic & Diluted Shares Outstanding	23.59M	24.00M	23.97M	23.76M	23.60M	23.50M	23.46M	23.24M	20.25M	20.15M

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	33	39	-6.30
Net Cash From Operating Activities	41	36	5.21
Net Cash From Continuing Operating Activities	41	36	5.21
Net Income / (Loss) Continuing Operations	17	29	-18
Consolidated Net Income / (Loss)	17	29	-18
Depreciation Expense	6.79	6.54	6.27
Non-Cash Adjustments To Reconcile Net Income	7.97	7.08	18
Changes in Operating Assets and Liabilities, net	8.93	-6.28	-1.18
Net Cash From Investing Activities	-2.50	-2.48	-1.91
Net Cash From Continuing Investing Activities	-2.50	-2.48	-1.91
Purchase of Property, Plant & Equipment	-2.39	-2.32	-1.78
Acquisitions	-0.12	-0.16	-0.14
Sale of Property, Plant & Equipment	0.01	0.00	0.01
Net Cash From Financing Activities	-4.82	5.73	-9.60
Net Cash From Continuing Financing Activities	-4.82	5.73	-9.60
Repayment of Debt	-3.00	-28	-6.04
Repurchase of Common Equity	-3.51	0.00	0.00
Issuance of Debt	0.00	8.25	0.00
Issuance of Common Equity	1.66	36	1.29
Other Financing Activities, net	0.02	-11	-4.85
Cash Interest Paid	2.11	4.56	2.19
Cash Income Taxes Paid	6.85	5.82	0.04

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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	12	8.53	13	-0.33	-5.00	2.82	8.20	33	-1.50	0.08
Net Cash From Operating Activities	16	10	13	0.92	18	4.10	14	-0.50	3.86	2.25
Net Cash From Continuing Operating Activities	16	10	13	0.92	18	4.10	14	-0.50	3.86	2.25
Net Income / (Loss) Continuing Operations	9.72	5.16	4.30	-2.21	8.20	22	-0.10	-1.89	4.62	-2.28
Consolidated Net Income / (Loss)	9.72	5.16	4.30	-2.21	8.20	22	-0.10	-1.89	4.62	-2.28
Depreciation Expense	1.71	1.73	1.71	1.63	1.62	1.65	1.64	1.63	1.60	1.66
Non-Cash Adjustments To Reconcile Net Income	1.47	1.91	2.68	1.91	1.14	-2.08	2.92	5.11	1.82	4.26
Changes in Operating Assets and Liabilities, net	3.44	1.46	4.45	-0.41	7.39	-18	9.45	-5.35	-4.18	-1.38
Net Cash From Investing Activities	-0.49	-0.98	-0.53	-0.50	-0.94	-0.40	-0.85	-0.29	-0.07	-1.43
Net Cash From Continuing Investing Activities	-0.49	-0.98	-0.53	-0.50	-0.94	-0.40	-0.85	-0.29	-0.07	-1.43
Purchase of Property, Plant & Equipment	-0.46	-0.95	-0.50	-0.48	-0.90	-0.38	-0.80	-0.24	-0.05	-1.40
Acquisitions	-0.03	-0.03	-0.04	-0.02	-0.04	-0.02	-0.05	-0.05	-0.03	-0.03
Net Cash From Financing Activities	-3.62	-0.75	0.30	-0.75	-22	-0.87	-4.86	34	-5.29	-0.75
Net Cash From Continuing Financing Activities	-3.62	-0.75	0.30	-0.75	-22	-0.87	-4.86	34	-5.29	-0.75
Repayment of Debt	-0.75	-0.75	-0.75	-0.75	-18	-9.13	-0.75	-0.75	-0.75	-0.75
Issuance of Common Equity	0.62	-	1.04	0.00	0.66	-	0.88	35	0.46	-
Other Financing Activities, net	0.02	-	0.00	0.00	-5.57	0.00	-4.99	0.00	-5.00	-
Cash Interest Paid	0.49	0.51	0.52	0.58	1.75	0.89	1.00	0.93	0.75	0.99
Cash Income Taxes Paid	2.42	2.25	2.12	0.05	2.81	0.59	2.41	0.01	0.02	0.00

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	298	281	255
Total Current Assets	178	145	120
Cash & Equivalents	94	61	22
Short-Term Investments	15	14	16
Accounts Receivable	45	43	55
Inventories, net	19	23	23
Prepaid Expenses	5.05	4.37	3.75
Plant, Property, & Equipment, net	5.60	6.20	6.08
Total Noncurrent Assets	115	130	129
Noncurrent Note & Lease Receivables	0.00	11	23
Goodwill	31	31	31
Intangible Assets	43	47	50
Noncurrent Deferred & Refundable Income Taxes	18	19	0.00
Other Noncurrent Operating Assets	23	22	25
Total Liabilities & Shareholders' Equity	298	281	255
Total Liabilities	81	88	134
Total Current Liabilities	41	41	64
Short-Term Debt	2.96	2.96	2.97
Accounts Payable	5.65	6.66	9.98
Accrued Expenses	7.78	5.90	9.24
Current Deferred & Payable Income Tax Liabilities	0.27	1.47	2.34
Current Employee Benefit Liabilities	18	17	17
Other Current Liabilities	6.13	7.28	23
Total Noncurrent Liabilities	41	47	69
Long-Term Debt	23	26	46
Noncurrent Deferred Revenue	0.24	0.45	0.30
Other Noncurrent Operating Liabilities	17	20	23
Total Equity & Noncontrolling Interests	217	194	121
Total Preferred & Common Equity	217	194	121
Preferred Stock	0.00	0.00	0.00
Total Common Equity	217	194	121
Common Stock	181	175	131
Retained Earnings	36	19	-9.62

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 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	288	279	272	293	274	276	249
Total Current Assets	162	152	141	152	150	145	117
Cash & Equivalents	82	74	61	66	63	55	23
Short-Term Investments	14	14	14	14	13	14	15
Accounts Receivable	40	42	40	44	47	51	52
Inventories, net	21	19	21	23	20	20	23
Prepaid Expenses	5.13	3.91	4.91	4.67	4.48	4.88	3.48
Plant, Property, & Equipment, net	5.88	5.69	6.22	5.49	5.77	5.66	6.68
Total Noncurrent Assets	119	121	125	136	118	124	125
Noncurrent Note & Lease Receivables	3.63	4.51	6.95	15	15	20	18
Goodwill	31	31	31	31	31	31	31
Intangible Assets	44	45	46	48	49	49	51
Noncurrent Deferred & Refundable Income Taxes	20	19	19	21	-	-	-
Other Noncurrent Operating Assets	21	21	21	22	23	24	25
Total Liabilities & Shareholders' Equity	288	279	272	293	274	276	249
Total Liabilities	80	78	79	110	115	119	134
Total Current Liabilities	37	34	33	46	49	51	56
Short-Term Debt	2.96	2.96	2.96	2.96	2.97	2.97	2.97
Accounts Payable	7.29	5.09	5.49	6.40	9.30	9.59	11
Accrued Expenses	7.09	6.70	6.87	5.33	5.17	6.60	6.95
Current Deferred & Payable Income Tax Liabilities	0.61	0.50	0.73	2.09	0.00	0.00	0.01
Current Employee Benefit Liabilities	13	12	11	15	14	11	14
Other Current Liabilities	6.12	6.87	6.08	14	17	21	21
Total Noncurrent Liabilities	43	44	45	65	66	68	78
Long-Term Debt	24	25	25	44	44	45	47
Noncurrent Deferred Revenue	0.50	0.50	0.50	0.44	0.45	0.45	0.30
Other Noncurrent Operating Liabilities	18	19	20	21	22	22	31
Total Equity & Noncontrolling Interests	208	201	193	183	159	156	114
Total Preferred & Common Equity	208	201	193	183	159	156	114
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	208	201	193	183	159	156	114
Common Stock	182	180	177	172	170	168	129
Retained Earnings	26	21	17	11	-12	-12	-14

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	6.76%	11.20%	18.61%
EBITDA Growth	17.90%	479.53%	-566.64%
EBIT Growth	22.98%	241.57%	-455.82%
NOPAT Growth	-50.90%	465.28%	-624.06%
Net Income Growth	-40.52%	259.60%	-51.27%
EPS Growth	0.00%	0.00%	0.00%
Operating Cash Flow Growth	13.39%	588.33%	97.99%
Free Cash Flow Firm Growth	71.86%	1,427.26%	101.46%
Invested Capital Growth	-9.27%	11.60%	-7.07%
Revenue Q/Q Growth	2.78%	1.39%	5.19%
EBITDA Q/Q Growth	0.06%	41.11%	49.34%
EBIT Q/Q Growth	-0.32%	65.44%	32.87%
NOPAT Q/Q Growth	7.53%	1.26%	24.25%
Net Income Q/Q Growth	9.80%	14.36%	40.41%
EPS Q/Q Growth	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-4.73%	67.88%	-25.16%
Free Cash Flow Firm Q/Q Growth	14.59%	116.30%	-92.33%
Invested Capital Q/Q Growth	-3.50%	-1.46%	5.33%
Profitability Metrics	-	-	-
Gross Margin	73.96%	71.11%	71.31%
EBITDA Margin	9.89%	8.96%	-2.62%
Operating Margin	7.57%	6.57%	-5.17%
EBIT Margin	7.57%	6.57%	-5.16%
Profit (Net Income) Margin	5.79%	10.39%	-7.24%
Tax Burden Percent	72.20%	180.82%	115.47%
Interest Burden Percent	105.85%	87.40%	121.40%
Effective Tax Rate	27.80%	-80.82%	0.00%
Return on Invested Capital (ROIC)	11.38%	23.32%	-6.51%
ROIC Less NNEP Spread (ROIC-NNEP)	9.92%	46.59%	-78.44%
Return on Net Nonoperating Assets (RNNOA)	-3.11%	-5.22%	-7.81%
Return on Equity (ROE)	8.27%	18.10%	-14.31%
Cash Return on Invested Capital (CROIC)	21.10%	12.35%	0.82%
Operating Return on Assets (OROA)	7.66%	6.73%	-5.11%
Return on Assets (ROA)	5.85%	10.63%	-7.16%
Return on Common Equity (ROCE)	8.27%	18.10%	-14.31%
Return on Equity Simple (ROE_SIMPLE)	7.83%	14.73%	-14.72%
Net Operating Profit after Tax (NOPAT)	16	33	-8.93
NOPAT Margin	5.47%	11.89%	-3.62%
Net Nonoperating Expense Percent (NNEP)	1.47%	-23.27%	71.94%
Return On Investment Capital (ROIC_SIMPLE)	6.60%	14.64%	-5.25%
Cost of Revenue to Revenue	26.04%	28.89%	28.69%
SG&A Expenses to Revenue	24.28%	22.62%	24.64%
R&D to Revenue	3.01%	2.85%	2.87%
Operating Expenses to Revenue	66.39%	64.53%	76.48%
Earnings before Interest and Taxes (EBIT)	22	18	-13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	29	25	-6.48
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.90	1.74	1.91
Price to Tangible Book Value (P/TBV)	2.88	2.90	5.79
Price to Revenue (P/Rev)	1.40	1.22	0.94
Price to Earnings (P/E)	24.24	11.78	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	4.13%	8.49%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.45	1.96	1.83
Enterprise Value to Revenue (EV/Rev)	1.12	1.06	0.98
Enterprise Value to EBITDA (EV/EBITDA)	11.33	11.79	0.00
Enterprise Value to EBIT (EV/EBIT)	14.80	16.07	0.00
Enterprise Value to NOPAT (EV/NOPAT)	20.50	8.89	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	8.08	8.09	46.49
Enterprise Value to Free Cash Flow (EV/FCFF)	11.06	16.78	214.05
Leverage & Solvency	-	-	-
Debt to Equity	0.12	0.15	0.40
Long-Term Debt to Equity	0.11	0.14	0.38
Financial Leverage	-0.31	-0.11	0.10
Leverage Ratio	1.41	1.70	2.00
Compound Leverage Factor	1.49	1.49	2.43
Debt to Total Capital	10.78%	13.08%	28.70%
Short-Term Debt to Total Capital	1.22%	1.33%	1.74%
Long-Term Debt to Total Capital	9.56%	11.75%	26.96%
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	89.22%	86.92%	71.30%
Debt to EBITDA	0.90	1.19	-7.54
Net Debt to EBITDA	-2.85	-1.88	-1.67
Long-Term Debt to EBITDA	0.80	1.06	-7.09
Debt to NOPAT	1.63	0.89	-5.47
Net Debt to NOPAT	-5.17	-1.41	-1.21
Long-Term Debt to NOPAT	1.45	0.80	-5.14
Altman Z-Score	4.98	4.02	2.05
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	4.36	3.54	1.86
Quick Ratio	3.78	2.88	1.44
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	30	17	1.13
Operating Cash Flow to CapEx	1,708.19%	1,542.81%	294.46%
Free Cash Flow to Firm to Interest Expense	14.24	4.17	0.41
Operating Cash Flow to Interest Expense	19.50	8.65	1.87
Operating Cash Flow Less CapEx to Interest Expense	18.36	8.09	1.23
Efficiency Ratios	-	-	-
Asset Turnover	1.01	1.02	0.99
Accounts Receivable Turnover	6.65	5.60	4.73
Inventory Turnover	3.70	3.47	3.34
Fixed Asset Turnover	49.67	44.72	38.48
Accounts Payable Turnover	12.40	9.53	9.44
Days Sales Outstanding (DSO)	54.88	65.17	77.13
Days Inventory Outstanding (DIO)	98.53	105.07	109.13
Days Payable Outstanding (DPO)	29.44	38.31	38.68
Cash Conversion Cycle (CCC)	123.98	131.94	147.58
Capital & Investment Metrics	-	-	-
Invested Capital	134	148	132
Invested Capital Turnover	2.08	1.96	1.80
Increase / (Decrease) in Invested Capital	-14	15	-10
Enterprise Value (EV)	328	290	242
Market Capitalization	411	336	231
Book Value per Share	$9.03	$8.24	$6.02
Tangible Book Value per Share	$5.95	$4.93	$1.98
Total Capital	243	223	170
Total Debt	26	29	49
Total Long-Term Debt	23	26	46
Net Debt	-83	-46	11
Capital Expenditures (CapEx)	2.38	2.32	1.77
Debt-free, Cash-free Net Working Capital (DFCFNWC)	31	32	20
Debt-free Net Working Capital (DFNWC)	140	107	58
Net Working Capital (NWC)	137	104	55
Net Nonoperating Expense (NNE)	-0.94	4.11	8.94
Net Nonoperating Obligations (NNO)	-83	-46	11
Total Depreciation and Amortization (D&A)	6.79	6.54	6.27
Debt-free, Cash-free Net Working Capital to Revenue	10.55%	11.65%	8.24%
Debt-free Net Working Capital to Revenue	47.72%	39.06%	23.66%
Net Working Capital to Revenue	46.71%	37.98%	22.46%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	23.88M	22.93M	20.07M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	24.14M	23.18M	20.07M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	23.59M	23.60M	20.25M
Normalized Net Operating Profit after Tax (NOPAT)	16	13	-8.93
Normalized NOPAT Margin	5.47%	4.60%	-3.62%
Pre Tax Income Margin	8.02%	5.75%	-6.27%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	10.64	4.35	-4.57
NOPAT to Interest Expense	7.68	7.87	-3.20
EBIT Less CapEx to Interest Expense	9.50	3.79	-5.21
NOPAT Less CapEx to Interest Expense	6.54	7.31	-3.84
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	20.68%	0.00%	0.00%

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.22%	5.04%	7.14%	3.81%	5.08%	6.63%	14.58%	22.65%	19.72%	24.32%
EBITDA Growth	-14.40%	-2.87%	172.20%	62.93%	39.50%	1,416.98%	190.74%	77.11%	128.22%	-12.34%
EBIT Growth	-16.71%	-4.64%	397.87%	41.47%	45.79%	421.94%	126.18%	68.75%	184.18%	-58.44%
NOPAT Growth	13.77%	-79.42%	2,553.51%	22.12%	56.49%	2,171.14%	94.10%	74.46%	163.12%	-18.51%
Net Income Growth	18.46%	-76.88%	4,398.00%	-17.13%	77.49%	1,078.46%	97.84%	87.89%	161.65%	32.07%
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	-11.00%	150.39%	-5.51%	284.06%	376.06%	81.72%	503.17%	84.34%	-31.23%	313.04%
Free Cash Flow Firm Growth	423.83%	2,241.72%	-236.91%	-139.14%	-146.44%	-102.91%	96.31%	92.63%	118.15%	126.59%
Invested Capital Growth	-9.27%	-7.36%	8.81%	8.36%	11.60%	19.30%	1.56%	2.22%	-7.07%	-17.45%
Revenue Q/Q Growth	17.09%	-0.17%	19.86%	-21.33%	11.59%	1.82%	16.13%	-20.37%	13.24%	9.42%
EBITDA Q/Q Growth	49.49%	15.18%	762.55%	-108.78%	69.63%	222.80%	190.22%	-137.30%	1,701.43%	77.76%
EBIT Q/Q Growth	61.65%	19.08%	316.23%	-123.88%	85.06%	521.72%	125.42%	-169.55%	508.66%	49.44%
NOPAT Q/Q Growth	93.67%	16.77%	299.48%	-125.22%	-64.97%	14,023.13%	93.67%	-150.68%	563.60%	60.36%
Net Income Q/Q Growth	88.48%	19.94%	294.57%	-126.93%	-63.22%	22,399.00%	94.70%	-140.81%	302.76%	50.88%
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	59.25%	-21.96%	1,322.29%	-94.97%	348.05%	-70.55%	2,870.72%	-113.02%	71.03%	-2.26%
Free Cash Flow Firm Q/Q Growth	45.32%	317.60%	45.65%	-88.43%	-861.10%	65.77%	61.42%	-136.60%	-39.69%	143.32%
Invested Capital Q/Q Growth	-3.50%	-1.73%	-3.86%	-0.48%	-1.46%	15.42%	-4.26%	2.50%	5.33%	-1.75%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	75.21%	74.96%	73.89%	71.09%	72.13%	70.93%	70.68%	70.47%	70.50%	71.70%
EBITDA Margin	15.66%	12.27%	10.63%	-1.92%	20.17%	13.27%	4.19%	-5.39%	15.19%	-1.07%
Operating Margin	14.62%	9.28%	7.99%	-4.85%	15.20%	11.48%	3.01%	-6.47%	10.62%	-2.48%
EBIT Margin	13.66%	9.90%	8.30%	-4.60%	18.08%	10.90%	1.79%	-8.16%	13.03%	-3.61%
Profit (Net Income) Margin	11.35%	7.05%	5.87%	-3.62%	10.56%	32.05%	-0.15%	-3.21%	6.25%	-3.49%
Tax Burden Percent	74.79%	71.27%	70.76%	78.64%	69.72%	293.99%	-8.20%	39.30%	66.97%	96.73%
Interest Burden Percent	111.11%	100.00%	100.00%	100.00%	83.81%	100.00%	100.00%	100.00%	71.67%	100.00%
Effective Tax Rate	25.21%	28.73%	29.24%	0.00%	30.28%	-193.99%	108.20%	0.00%	33.03%	0.00%
Return on Invested Capital (ROIC)	22.77%	13.07%	11.75%	-6.66%	20.79%	66.38%	-0.51%	-8.70%	12.79%	-2.94%
ROIC Less NNEP Spread (ROIC-NNEP)	22.22%	12.44%	11.39%	-6.26%	20.93%	77.19%	-1.40%	-59.33%	7.67%	-10.31%
Return on Net Nonoperating Assets (RNNOA)	-6.98%	-3.26%	-2.81%	1.20%	-2.34%	-5.71%	0.08%	0.67%	0.76%	-1.30%
Return on Equity (ROE)	15.79%	9.81%	8.94%	-5.45%	18.44%	60.67%	-0.43%	-8.03%	13.56%	-4.24%
Cash Return on Invested Capital (CROIC)	21.10%	17.97%	15.69%	13.21%	12.35%	5.80%	-0.26%	-3.06%	0.82%	10.62%
Operating Return on Assets (OROA)	13.82%	9.71%	8.45%	-4.65%	18.50%	10.89%	1.86%	-8.26%	12.88%	-3.40%
Return on Assets (ROA)	11.48%	6.92%	5.98%	-3.65%	10.81%	32.02%	-0.15%	-3.25%	6.18%	-3.29%
Return on Common Equity (ROCE)	15.79%	9.81%	8.94%	-5.45%	18.44%	60.67%	-0.43%	-8.03%	13.56%	-4.24%
Return on Equity Simple (ROE_SIMPLE)	0.00%	7.43%	16.24%	14.57%	0.00%	13.64%	0.22%	-2.68%	0.00%	-26.21%
Net Operating Profit after Tax (NOPAT)	9.36	4.83	4.14	-2.07	8.23	23	-0.17	-2.66	5.26	-1.13
NOPAT Margin	10.94%	6.61%	5.65%	-3.40%	10.59%	33.75%	-0.25%	-4.53%	7.11%	-1.74%
Net Nonoperating Expense Percent (NNEP)	0.55%	0.63%	0.36%	-0.40%	-0.14%	-10.81%	0.89%	50.63%	5.12%	7.37%
Return On Investment Capital (ROIC_SIMPLE)	3.86%	-	-	-	3.69%	-	-	-	3.09%	-
Cost of Revenue to Revenue	24.79%	25.04%	26.11%	28.91%	27.87%	29.07%	29.32%	29.53%	29.50%	28.30%
SG&A Expenses to Revenue	23.34%	24.79%	22.92%	26.62%	19.57%	23.64%	21.94%	26.23%	18.17%	24.91%
R&D to Revenue	2.38%	3.31%	3.05%	3.51%	2.31%	2.82%	2.68%	3.79%	2.89%	2.42%
Operating Expenses to Revenue	60.59%	65.68%	65.90%	75.94%	56.93%	59.45%	67.66%	76.94%	59.87%	74.18%
Earnings before Interest and Taxes (EBIT)	12	7.23	6.07	-2.81	14	7.59	1.22	-4.80	9.63	-2.36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	13	8.97	7.79	-1.18	16	9.23	2.86	-3.17	11	-0.70
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.90	1.68	1.41	1.97	1.74	1.80	3.65	2.13	1.91	1.37
Price to Tangible Book Value (P/TBV)	2.88	2.63	2.27	3.27	2.90	3.17	7.32	4.40	5.79	4.90
Price to Revenue (P/Rev)	1.40	1.23	1.01	1.38	1.22	1.22	2.17	1.29	0.94	0.67
Price to Earnings (P/E)	24.24	22.67	8.71	13.54	11.78	13.22	1,627.18	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.13%	4.41%	11.49%	7.38%	8.49%	7.56%	0.06%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.45	2.03	1.59	2.28	1.96	1.98	4.24	2.30	1.83	1.34
Enterprise Value to Revenue (EV/Rev)	1.12	0.99	0.80	1.21	1.06	1.10	2.07	1.21	0.98	0.72
Enterprise Value to EBITDA (EV/EBITDA)	11.33	9.70	7.67	13.79	11.79	17.02	73.49	211.43	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	14.80	12.62	9.91	18.87	16.07	27.19	570.20	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	20.50	18.87	6.86	11.18	8.89	9.20	332.78	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	8.08	6.58	6.14	8.99	8.09	13.88	28.19	39.41	46.49	24.13
Enterprise Value to Free Cash Flow (EV/FCFF)	11.06	10.84	10.55	17.98	16.78	37.12	0.00	0.00	214.05	11.39
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.12	0.13	0.14	0.15	0.15	0.25	0.30	0.31	0.40	0.43
Long-Term Debt to Equity	0.11	0.12	0.12	0.13	0.14	0.24	0.28	0.29	0.38	0.41
Financial Leverage	-0.31	-0.26	-0.25	-0.19	-0.11	-0.07	-0.06	-0.01	0.10	0.13
Leverage Ratio	1.41	1.49	1.54	1.57	1.70	1.82	1.87	1.88	2.00	2.02
Compound Leverage Factor	1.57	1.49	1.54	1.57	1.43	1.82	1.87	1.88	1.43	2.02
Debt to Total Capital	10.78%	11.46%	12.11%	12.80%	13.08%	20.29%	22.99%	23.56%	28.70%	30.24%
Short-Term Debt to Total Capital	1.22%	1.26%	1.29%	1.33%	1.33%	1.29%	1.44%	1.45%	1.74%	1.81%
Long-Term Debt to Total Capital	9.56%	10.20%	10.82%	11.47%	11.75%	19.00%	21.55%	22.11%	26.96%	28.43%
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	89.22%	88.54%	87.89%	87.20%	86.92%	79.71%	77.01%	76.44%	71.30%	69.76%
Debt to EBITDA	0.90	0.93	0.95	1.17	1.19	2.67	6.33	32.63	-7.54	-3.88
Net Debt to EBITDA	-2.85	-2.39	-2.04	-1.92	-1.88	-1.90	-3.88	-14.01	-1.67	-0.87
Long-Term Debt to EBITDA	0.80	0.83	0.85	1.05	1.06	2.50	5.94	30.62	-7.09	-3.65
Debt to NOPAT	1.63	1.81	0.85	0.95	0.89	1.44	28.67	-41.35	-5.47	-4.21
Net Debt to NOPAT	-5.17	-4.65	-1.82	-1.56	-1.41	-1.03	-17.56	17.75	-1.21	-0.94
Long-Term Debt to NOPAT	1.45	1.61	0.76	0.85	0.80	1.35	26.87	-38.80	-5.14	-3.95
Altman Z-Score	4.87	4.36	3.87	4.46	3.97	3.28	4.39	2.90	2.34	1.83
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	4.36	4.37	4.44	4.26	3.54	3.33	3.08	2.83	1.86	2.10
Quick Ratio	3.78	3.66	3.77	3.49	2.88	2.71	2.53	2.33	1.44	1.62
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	23	16	-7.29	-13	-7.11	-0.74	-2.16	-5.61	15	25
Operating Cash Flow to CapEx	3,550.65%	1,079.58%	2,628.40%	191.70%	2,039.11%	1,075.07%	1,734.29%	-208.30%	7,867.35%	161.00%
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	1.01	0.98	1.02	1.01	1.02	1.00	1.04	1.01	0.99	0.94
Accounts Receivable Turnover	6.65	6.80	6.36	6.05	5.60	5.66	5.57	5.32	4.73	4.88
Inventory Turnover	3.70	3.43	4.02	3.90	3.47	3.42	3.86	3.75	3.34	2.81
Fixed Asset Turnover	49.67	50.17	49.13	46.61	44.72	44.51	45.34	43.00	38.48	35.72
Accounts Payable Turnover	12.40	11.21	10.93	10.55	9.53	9.04	8.44	9.38	9.44	7.59
Days Sales Outstanding (DSO)	54.88	53.68	57.36	60.36	65.17	64.52	65.58	68.67	77.13	74.73
Days Inventory Outstanding (DIO)	98.53	106.26	90.87	93.71	105.07	106.86	94.63	97.30	109.13	129.70
Days Payable Outstanding (DPO)	29.44	32.57	33.39	34.58	38.31	40.37	43.24	38.90	38.68	48.07
Cash Conversion Cycle (CCC)	123.98	127.38	114.84	119.49	131.94	131.01	116.98	127.07	147.58	156.36
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	134	139	141	147	148	150	130	136	132	126
Invested Capital Turnover	2.08	1.98	2.08	1.96	1.96	1.97	2.07	1.92	1.80	1.69
Increase / (Decrease) in Invested Capital	-14	-11	11	11	15	24	1.99	2.94	-10	-27
Enterprise Value (EV)	328	281	224	335	290	297	550	312	242	168
Market Capitalization	411	350	284	382	336	330	579	333	231	157
Book Value per Share	$9.03	$8.67	$8.45	$8.18	$8.24	$7.79	$6.83	$7.71	$6.02	$5.68
Tangible Book Value per Share	$5.95	$5.55	$5.25	$4.93	$4.93	$4.44	$3.41	$3.73	$1.98	$1.59
Total Capital	243	235	228	222	223	229	206	204	170	164
Total Debt	26	27	28	28	29	47	47	48	49	50
Total Long-Term Debt	23	24	25	25	26	44	44	45	46	47
Net Debt	-83	-69	-60	-47	-46	-33	-29	-21	11	11
Capital Expenditures (CapEx)	0.46	0.95	0.50	0.48	0.90	0.38	0.80	0.24	0.05	1.40
Debt-free, Cash-free Net Working Capital (DFCFNWC)	31	32	33	36	32	29	28	28	20	26
Debt-free Net Working Capital (DFNWC)	140	128	121	111	107	109	104	97	58	64
Net Working Capital (NWC)	137	125	118	108	104	106	101	94	55	61
Net Nonoperating Expense (NNE)	-0.36	-0.32	-0.16	0.13	0.03	1.19	-0.07	-0.78	0.64	1.15
Net Nonoperating Obligations (NNO)	-83	-69	-60	-47	-46	-33	-29	-21	11	11
Total Depreciation and Amortization (D&A)	1.71	1.73	1.71	1.63	1.62	1.65	1.64	1.63	1.60	1.66
Debt-free, Cash-free Net Working Capital to Revenue	10.55%	11.25%	11.88%	13.04%	11.65%	10.86%	10.35%	10.95%	8.24%	10.92%
Debt-free Net Working Capital to Revenue	47.72%	44.97%	42.84%	40.16%	39.06%	40.28%	39.05%	37.65%	23.66%	27.32%
Net Working Capital to Revenue	46.71%	43.93%	41.79%	39.09%	37.98%	39.19%	37.93%	36.49%	22.46%	26.06%
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	23.88M	23.99M	23.87M	23.67M	22.93M	23.48M	23.35M	21.28M	20.07M	20.14M
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	24.14M	24.25M	24.10M	23.67M	23.18M	23.85M	23.35M	21.28M	20.07M	20.14M
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	23.59M	24.00M	23.97M	23.76M	23.60M	23.50M	23.46M	23.24M	20.25M	20.15M
Normalized Net Operating Profit after Tax (NOPAT)	9.36	4.83	4.14	-2.07	8.23	5.59	1.44	-2.66	5.26	-1.13
Normalized NOPAT Margin	10.94%	6.61%	5.65%	-3.40%	10.59%	8.04%	2.11%	-4.53%	7.11%	-1.74%
Pre Tax Income Margin	15.18%	9.90%	8.30%	-4.60%	15.15%	10.90%	1.79%	-8.16%	9.34%	-3.61%
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	20.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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. Check out Tactile Systems Technology's forecast to explore projected trends and price targets.

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%.

Related Companies

This page (NASDAQ:TCMD) was last updated on 5/22/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Tactile Systems Technology (TCMD) Financials

Frequently Asked Questions About Tactile Systems Technology's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Tactile Systems Technology (TCMD) Financials

Annual Income Statements for Tactile Systems Technology

Quarterly Income Statements for Tactile Systems Technology

Annual Cash Flow Statements for Tactile Systems Technology

Quarterly Cash Flow Statements for Tactile Systems Technology

Annual Balance Sheets for Tactile Systems Technology

Quarterly Balance Sheets for Tactile Systems Technology

Annual Metrics And Ratios for Tactile Systems Technology

Quarterly Metrics And Ratios for Tactile Systems Technology

Frequently Asked Questions About Tactile Systems Technology's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools