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TSS (TSSI) Financials

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$12.78 0.00 (0.00%)
Closing price 06/12/2026 04:00 PM Eastern
Extended Trading
$12.86 +0.09 (+0.67%)
As of 06/12/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for TSS

Annual Income Statements for TSS

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

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -2.80 -2.21 -1.02 0.77 2.44 0.13 0.08 -1.30 -0.07 0.07 6.36
Consolidated Net Income / (Loss)		 -2.80 -2.21 -1.02 0.77 2.44 0.13 0.08 -1.30 -0.07 0.07 5.98
Net Income / (Loss) Continuing Operations		 -2.80 -2.21 -1.02 0.77 2.44 0.13 0.08 -1.30 -0.07 0.07 6.36
Total Pre-Tax Income 		-2.75 -2.18 -1.00 0.78 2.46 0.17 0.13 -1.23 -0.02 0.13 6.13
Total Operating Income		 -2.47 -1.85 -0.63 1.11 0.59 0.48 -0.40 -0.83 0.91 1.75 8.50
Total Gross Profit		 8.56 8.37 7.21 7.73 8.48 6.59 6.80 6.36 8.98 11 22
Total Revenue		 28 29 27 18 7.15 24 45 27 31 54 148
Operating Revenue		 28 29 27 18 7.15 24 45 27 31 54 148
Total Cost of Revenue		 19 21 20 11 -1.33 17 38 21 22 43 126
Operating Cost of Revenue		 19 21 20 11 -1.33 17 38 21 22 43 126
Total Operating Expenses		 11 10 7.84 6.62 7.90 6.11 7.20 7.19 8.07 9.25 14
Selling, General & Admin Expense		 11 9.65 8.15 6.46 6.37 5.74 6.67 6.66 7.68 8.93 13
Depreciation Expense		 0.49 0.57 0.60 0.48 0.39 0.37 0.53 0.54 0.38 0.32 0.61
Total Other Income / (Expense), net		 -0.28 -0.34 -0.37 -0.33 1.88 -0.31 0.53 -0.40 -0.93 -1.62 -1.98
Interest Expense		 - - - - - - - - - 1.97 2.74
Interest & Investment Income		 -0.28 -0.34 -0.37 -0.33 -0.40 -0.31 -0.37 -0.43 -0.93 0.36 0.56
Other Income / (Expense), net		 0.00 0.01 -0.01 -0.00 2.28 0.00 0.90 0.03 - 0.00 0.19
Income Tax Expense		 0.05 0.02 0.02 0.01 0.03 0.04 0.05 0.07 0.06 0.06 0.16
Basic Earnings per Share		 ($0.19) ($0.14) ($0.07) $0.05 $0.16 $0.01 $0.00 ($0.07) $0.00 $0.00 $0.27
Weighted Average Basic Shares Outstanding		 15.02M 14.82M 15.41M 15.54M - - 17.96M 18.87M 21.54M 21.77M 25.03M
Diluted Earnings per Share		 ($0.19) ($0.14) ($0.07) $0.05 $0.13 $0.01 - - - $0.00 $0.24
Weighted Average Diluted Shares Outstanding		 15.66M 14.82M 15.41M 15.54M - 17.84M 17.96M 18.87M 21.54M 21.77M 25.03M
Weighted Average Basic & Diluted Shares Outstanding		 15.66M 14.82M 15.41M 15.54M - - 17.96M 18.87M 21.54M 21.77M 25.03M

Quarterly Income Statements for TSS

This table shows TSS'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 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 0.61 -1.14 -0.79 0.32 0.21 0.34 0.02 1.40 2.65 2.30 2.98
Consolidated Net Income / (Loss)		 0.61 -1.14 -0.79 0.32 0.21 0.34 0.02 1.40 2.65 1.91 2.98
Net Income / (Loss) Continuing Operations		 0.61 -1.14 -0.79 0.32 0.21 0.34 0.02 1.40 2.65 2.30 2.98
Total Pre-Tax Income 		0.62 -1.12 -0.78 0.33 0.23 0.35 0.03 1.43 2.67 2.02 3.03
Total Operating Income		 0.87 -0.72 -0.67 0.98 0.72 0.73 0.25 1.70 3.79 2.76 4.11
Total Gross Profit		 2.77 1.94 1.69 3.22 2.83 3.26 2.71 4.54 7.89 7.21 9.21
Total Revenue		 8.08 11 6.57 15 8.88 24 16 12 70 50 99
Operating Revenue		 8.08 11 6.57 15 8.88 24 16 12 70 50 99
Total Cost of Revenue		 5.31 9.01 4.89 11 6.05 21 13 7.62 62 43 90
Operating Cost of Revenue		 5.31 9.01 4.89 11 6.05 21 13 7.62 62 43 90
Total Operating Expenses		 1.89 2.66 2.35 2.25 2.12 2.54 2.46 2.84 4.09 4.46 5.10
Selling, General & Admin Expense		 1.83 2.53 2.26 2.16 2.04 2.47 2.39 2.72 3.89 4.25 4.89
Depreciation Expense		 0.07 0.14 0.09 0.09 0.07 0.07 0.07 0.12 0.21 0.21 0.21
Total Other Income / (Expense), net		 -0.26 -0.39 -0.11 -0.65 -0.48 -0.37 -0.23 -0.27 -1.13 -0.35 -1.09
Interest Expense		 - - - - - - 0.33 - - - 1.47
Interest & Investment Income		 -0.26 -0.39 -0.11 -0.65 -0.48 1.60 0.10 -0.27 -1.13 2.19 0.38
Other Income / (Expense), net		 - - - - - - 0.00 - - - 0.00
Income Tax Expense		 0.01 0.02 0.01 0.01 0.02 0.02 0.01 0.03 0.02 0.10 0.05
Basic Earnings per Share		 $0.03 ($0.05) ($0.04) $0.01 $0.01 $0.02 $0.00 $0.06 $0.12 $0.09 $0.13
Weighted Average Basic Shares Outstanding		 21.34M 21.54M 21.54M 21.61M 21.61M 21.77M 22.03M 23.70M 22.47M 25.03M 25.02M
Diluted Earnings per Share		 $0.03 - ($0.04) $0.01 $0.01 $0.02 $0.00 $0.06 $0.10 $0.08 $0.12
Weighted Average Diluted Shares Outstanding		 21.34M 21.54M 21.54M 21.61M 21.61M 21.77M 22.03M 23.70M 22.47M 25.03M 25.02M
Weighted Average Basic & Diluted Shares Outstanding		 21.34M 21.54M 21.54M 21.61M 21.61M 21.77M 22.03M 23.70M 22.47M 25.03M 25.02M

Annual Cash Flow Statements for TSS

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

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 -1.91 -0.25 1.02 0.12 3.91 2.50 10 -11 12 -8.57 11
Net Cash From Operating Activities		 0.62 -1.55 2.23 -0.05 1.90 3.02 10.00 -10 15 -8.27 15
Net Cash From Continuing Operating Activities		 0.62 -1.55 2.23 -0.05 5.21 3.02 10.00 -10 15 -8.27 15
Net Income / (Loss) Continuing Operations		 -2.80 -2.21 -1.02 0.77 2.44 0.13 0.08 -1.30 -0.07 0.07 5.98
Consolidated Net Income / (Loss)		 -2.80 -2.21 -1.02 0.77 2.44 0.13 0.08 -1.30 -0.07 0.07 5.98
Depreciation Expense		 0.39 0.57 0.60 0.48 0.39 0.37 0.53 0.54 0.38 0.32 0.61
Non-Cash Adjustments To Reconcile Net Income		 0.51 0.49 -0.72 0.06 -0.98 0.44 -0.40 1.47 1.72 0.78 1.27
Changes in Operating Assets and Liabilities, net		 2.38 -0.46 3.34 -1.39 -0.02 2.00 9.70 -11 13 -9.44 7.44
Net Cash From Investing Activities		 -0.51 -0.41 0.50 0.10 1.90 -0.42 -0.40 -0.06 -0.54 -0.26 -8.48
Net Cash From Continuing Investing Activities		 -0.51 -0.41 0.50 0.10 2.39 -0.42 -0.40 -0.06 -0.54 -0.26 -8.48
Purchase of Property, Plant & Equipment		 -0.51 -0.41 -0.29 -0.21 -0.24 -0.59 -0.40 -0.06 -0.54 -0.26 -8.48
Net Cash From Financing Activities		 -2.03 1.72 -1.71 0.06 0.11 -0.10 0.73 -0.50 -1.77 -0.04 4.58
Net Cash From Continuing Financing Activities		 -2.03 1.72 -1.71 0.06 0.12 -0.10 0.73 -0.50 -1.77 -0.04 4.58
Repayment of Debt		 -2.03 -0.20 -2.45 -0.99 - - - -0.35 -2.05 0.00 0.00
Repurchase of Common Equity		 0.00 -0.02 -0.00 -0.00 -0.01 -0.16 -0.17 -0.20 -0.13 -0.04 -4.49
Issuance of Debt		 - 1.94 0.74 1.05 - 0.00 0.89 - - 0.00 8.20
Other Financing Activities, net		 - - - - - 0.00 0.02 0.00 0.37 0.00 0.86
Cash Interest Paid		 0.16 0.28 0.31 0.27 0.22 0.23 0.15 0.15 0.94 1.96 2.60
Cash Income Taxes Paid		 0.03 0.08 0.07 0.04 0.06 0.07 0.06 0.06 0.04 0.05 0.08

Quarterly Cash Flow Statements for TSS

This table details how cash moves in and out of TSS'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 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/6/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 1.24 11 -14 18 4.53 -17 2.55 -6.07 38 -23 4.12
Net Cash From Operating Activities		 3.08 11 -14 18 4.59 -17 2.65 -4.33 39 -22 21
Net Cash From Continuing Operating Activities		 3.08 11 -14 18 4.59 -17 2.65 -4.33 39 -22 21
Net Income / (Loss) Continuing Operations		 0.61 -1.14 -0.79 0.32 0.21 0.34 0.02 1.40 2.65 1.91 2.98
Consolidated Net Income / (Loss)		 0.61 -1.14 -0.79 0.32 0.21 0.34 0.02 1.40 2.65 1.91 2.98
Depreciation Expense		 0.07 0.14 0.09 0.09 0.07 0.07 0.07 0.12 0.21 0.21 0.21
Non-Cash Adjustments To Reconcile Net Income		 -0.52 3.91 0.14 0.44 -0.32 0.51 0.16 0.30 0.36 -0.45 1.68
Changes in Operating Assets and Liabilities, net		 2.93 8.26 -13 17 4.63 -18 2.40 -6.15 35 -23 16
Net Cash From Investing Activities		 -0.09 -0.32 -0.19 -0.02 -0.04 -0.02 -0.04 -1.68 -0.05 -6.72 -15
Net Cash From Continuing Investing Activities		 -0.09 -0.32 -0.19 -0.02 -0.04 -0.02 -0.04 -1.68 -0.05 -6.72 -15
Purchase of Property, Plant & Equipment		 -0.09 -0.32 -0.19 -0.02 -0.04 -0.02 -0.04 -1.68 -0.05 -6.72 -15
Net Cash From Financing Activities		 -1.75 -0.04 -0.00 -0.01 -0.02 -0.01 -0.06 -0.06 -0.45 5.14 -1.65
Net Cash From Continuing Financing Activities		 -1.75 -0.04 -0.00 -0.01 -0.02 -0.01 -0.06 -0.06 -0.45 5.14 -1.65
Repayment of Debt		 -2.04 - - - - - 0.00 - - - 0.00
Repurchase of Common Equity		 -0.08 -0.05 -0.00 -0.01 -0.02 -0.01 -0.06 -0.06 -0.64 -3.73 -1.65
Other Financing Activities, net		 - - - - - - 0.00 - - 0.67 0.01
Cash Interest Paid		 0.12 0.55 0.14 0.53 0.90 0.39 0.32 0.22 1.43 0.63 1.54
Cash Income Taxes Paid		 0.01 0.01 0.01 0.03 0.00 - 0.00 0.08 - - 0.00

Annual Balance Sheets for TSS

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

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 10 13 8.58 6.73 9.11 18 24 19 31 26 97
Total Current Assets		 6.77 9.51 5.39 3.73 7.43 14 21 12 24 19 58
Cash & Equivalents		 1.38 1.13 2.15 2.27 6.18 8.68 19 7.99 20 12 23
Accounts Receivable		 4.99 8.08 2.93 0.99 0.73 3.87 0.92 1.85 2.75 3.53 16
Inventories, net		 0.15 0.07 0.06 0.13 0.11 1.35 0.20 0.85 0.86 2.34 18
Prepaid Expenses		 0.24 0.24 0.25 0.11 0.27 0.11 0.06 0.55 0.18 0.30 0.25
Other Current Assets		 - - - 0.22 0.15 0.18 0.81 0.57 0.23 1.31 0.85
Plant, Property, & Equipment, net		 0.67 0.70 0.54 0.42 0.39 0.71 0.66 0.28 0.59 0.63 8.59
Total Noncurrent Assets		 2.98 2.78 2.64 2.58 1.29 2.68 2.16 7.19 6.41 5.66 30
Goodwill		 1.91 1.91 1.91 1.91 0.78 0.78 0.78 0.78 0.78 0.78 0.78
Other Noncurrent Operating Assets		 0.09 0.03 0.03 0.11 0.11 1.59 1.16 6.29 5.59 4.88 29
Total Liabilities & Shareholders' Equity		 10 13 8.58 6.73 9.11 18 24 19 31 26 97
Total Liabilities		 9.47 14 10 7.03 6.63 15 21 17 28 22 89
Total Current Liabilities		 8.88 13 9.12 5.34 4.57 12 18 12 24 18 57
Accounts Payable		 5.55 7.61 5.32 2.84 2.39 8.85 13 7.02 22 14 53
Current Deferred Revenue		 2.01 2.48 2.82 2.49 2.18 2.10 3.96 2.44 2.08 3.37 2.61
Other Current Liabilities		 - 0.00 0.74 - 0.00 0.65 0.75 0.64 0.47 0.69 0.97
Total Noncurrent Liabilities		 0.59 1.07 0.89 1.70 70 3.10 2.54 4.96 4.31 3.63 33
Long-Term Debt		 0.58 1.04 0.83 1.66 1.84 2.03 2.23 - - 0.00 8.20
Noncurrent Deferred Revenue		 - - - 0.00 0.11 0.11 0.10 0.02 - 0.00 0.77
Other Noncurrent Operating Liabilities		 0.02 0.04 0.06 0.04 68 0.96 0.21 4.94 4.31 3.63 24
Total Equity & Noncontrolling Interests		 0.95 -0.60 -1.43 -0.31 -65 2.87 3.18 2.20 2.93 3.55 7.14
Total Preferred & Common Equity		 0.95 -0.60 -1.43 -0.31 -65 2.87 3.18 2.20 2.93 3.55 7.14
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 0.95 -0.60 -1.43 -0.31 -65 2.87 3.18 2.20 2.93 3.55 7.14
Common Stock		 68 68 69 69 69 70 70 71 72 72 74
Retained Earnings		 -65 -67 -68 -68 -65 -65 -65 -66 -66 -66 -60
Other Equity Adjustments		 - - - - -71 - - - - - -6.73

Quarterly Balance Sheets for TSS

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

Metric Q2 2022 Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 6/30/2022 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 21 25 24 43 45 27 29 67 114
Total Current Assets		 13 18 17 37 38 20 21 60 61
Cash & Equivalents		 8.37 9.61 6.67 24 29 14 8.31 46 27
Accounts Receivable		 1.62 3.05 2.83 11 6.31 4.57 7.00 7.96 11
Inventories, net		 0.23 1.74 7.31 1.26 2.13 0.85 4.94 4.98 20
Prepaid Expenses		 0.35 0.29 0.24 0.41 0.34 0.20 0.45 0.37 0.51
Other Current Assets		 2.80 3.10 0.40 0.13 0.61 0.49 0.52 0.19 1.78
Plant, Property, & Equipment, net		 0.27 0.31 0.71 0.68 0.66 0.62 2.21 2.06 23
Total Noncurrent Assets		 6.97 6.80 6.22 6.04 5.85 5.68 5.48 5.27 29
Goodwill		 0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78
Other Noncurrent Operating Assets		 6.11 5.96 5.43 5.26 5.07 4.90 4.70 4.49 28
Total Liabilities & Shareholders' Equity		 21 25 24 43 45 27 29 67 114
Total Liabilities		 18 21 22 41 42 23 24 60 104
Total Current Liabilities		 13 17 18 37 38 20 19 56 72
Accounts Payable		 5.75 12 15 34 22 16 14 52 66
Current Deferred Revenue		 4.65 4.27 2.06 1.60 15 2.61 4.96 2.92 4.34
Other Current Liabilities		 0.61 0.62 0.64 0.66 0.67 0.75 0.76 0.77 1.65
Total Noncurrent Liabilities		 4.63 4.47 4.15 3.98 3.81 3.49 4.34 4.00 32
Long-Term Debt		 - - - - - - - - 8.20
Noncurrent Deferred Revenue		 0.01 0.00 - - - - 1.04 0.91 0.68
Other Noncurrent Operating Liabilities		 4.63 4.47 4.15 3.98 3.81 3.49 3.30 3.10 23
Total Equity & Noncontrolling Interests		 2.91 3.91 2.29 2.75 3.09 3.66 5.15 7.65 9.39
Total Preferred & Common Equity		 2.91 3.91 2.29 2.75 3.09 3.66 5.15 7.65 9.39
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 2.91 3.91 2.29 2.75 3.09 3.66 5.15 7.65 9.39
Common Stock		 71 71 72 72 72 72 72 73 75
Retained Earnings		 -66 -65 -67 -67 -67 -66 -65 -62 -57
Other Equity Adjustments		 - - - - - - - - -8.38

Annual Metrics And Ratios for TSS

This table displays calculated financial ratios and metrics derived from TSS's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -37.01% 5.37% -7.17% -33.09% 21.94% 229.03% 0.00% -39.17% 11.77% 77.56% 172.33%
EBITDA Growth		 11.68% 37.42% 99.50% 27,066.67% 105.93% -72.03% 19.74% -118.37% 743.41% 56.94% 349.52%
EBIT Growth		 4.77% 25.60% 65.27% 272.61% 159.84% -83.25% 3.33% -261.69% 213.97% 91.47% 396.97%
NOPAT Growth		 4.04% 25.23% 65.77% 346.71% 159.41% -37.54% -167.64% -137.47% 209.99% 51.05% 757.18%
Net Income Growth		 -0.32% 21.33% 53.61% 174.88% 218.15% -94.83% 0.00% -1,741.77% 94.37% 201.37% 7,975.68%
EPS Growth		 0.00% 26.32% 50.00% 171.43% 160.00% -92.31% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 129.98% -349.52% 243.81% -102.02% 4,322.22% 58.68% 231.58% -204.55% 240.76% -156.21% 284.98%
Free Cash Flow Firm Growth		 104.04% -1,369.01% 342.31% -113.17% 852.77% -194.50% 114.63% -208.80% 237.71% -157.30% 196.00%
Invested Capital Growth		 -55.91% 19.00% -244.28% 63.50% -102.73% 94.56% -259.56% 72.30% -363.70% 52.57% 4.81%
Revenue Q/Q Growth		 -14.26% 5.98% -9.35% -11.68% 4.28% 700.89% 0.00% 36.55% -10.61% 32.88% 20.91%
EBITDA Q/Q Growth		 21.55% 20.69% 93.10% 3.25% 49.69% -51.20% 84.16% 18.65% -32.25% 201.75% 34.08%
EBIT Q/Q Growth		 19.41% 12.80% 15.92% 5.25% 64.33% -68.02% 0.00% 7.82% -40.49% 479.47% 34.38%
NOPAT Q/Q Growth		 19.41% 12.37% 18.32% 7.70% 69.28% 146.53% 0.00% 4.48% -54.92% 357.15% 30.06%
Net Income Q/Q Growth		 16.27% 10.51% 11.43% 13.31% 88.91% -89.18% 0.00% -228.35% -109.09% 105.27% 35.85%
EPS Q/Q Growth		 13.64% 17.65% -16.67% 25.00% 116.67% -85.71% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 -49.27% -235.66% 161.36% 53.61% -8.87% 224.54% 201.93% -439.13% 3,586.26% -141.89% -23.89%
Free Cash Flow Firm Q/Q Growth		 -85.78% -239.02% 97.66% -336.27% 104.85% -22,683.38% 288.51% -447.83% 3,070.38% -140.82% -59.67%
Invested Capital Q/Q Growth		 -59.91% 67.24% -75.79% -206.69% -297.22% -146.16% -239.96% 50.45% -206.42% 67.66% 79.68%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 30.59% 28.38% 26.33% 42.18% 37.98% 28.02% 15.10% 23.21% 29.31% 20.22% 15.09%
EBITDA Margin		 -6.91% -4.11% -0.02% 8.83% 14.92% 3.96% 2.48% -0.75% 4.31% 3.81% 6.28%
Operating Margin		 -8.84% -6.27% -2.31% 6.04% 12.83% 2.04% -0.89% -3.03% 2.98% 3.22% 5.74%
EBIT Margin		 -8.84% -6.24% -2.33% 6.02% 12.83% 2.04% 1.10% -2.93% 2.98% 3.22% 5.87%
Profit (Net Income) Margin		 -10.02% -7.48% -3.74% 4.18% 10.91% 0.54% 0.18% -4.73% -0.24% 0.14% 4.03%
Tax Burden Percent		 101.93% 100.96% 101.89% 98.84% 98.94% 75.45% 61.24% 105.28% 429.41% 55.22% 97.42%
Interest Burden Percent		 111.20% 118.70% 157.12% 70.26% 85.94% 34.79% 26.01% 153.62% -1.86% 7.66% 70.53%
Effective Tax Rate		 0.00% 0.00% 0.00% 1.16% 1.06% 24.55% 38.76% 0.00% 0.00% 44.78% 2.58%
Return on Invested Capital (ROIC)		 -72.42% -80.79% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 -438.88% -144.52% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 -61.19% -1,193.77% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -133.60% -1,274.57% 100.74% -88.25% 223.99% -0.40% 2.61% -48.16% -2.84% 2.28% 111.84%
Cash Return on Invested Capital (CROIC)		 5.18% -98.15% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 -18.02% -15.72% -5.92% 14.42% 36.19% 3.60% 2.40% -3.72% 3.61% 6.14% 14.24%
Return on Assets (ROA)		 -20.43% -18.84% -9.49% 10.01% 30.78% 0.94% 0.38% -6.02% -0.29% 0.26% 9.78%
Return on Common Equity (ROCE)		 -133.60% -1,274.57% 100.74% -88.25% 223.99% -0.40% 2.61% -48.16% -2.84% 2.28% 111.84%
Return on Equity Simple (ROE_SIMPLE)		 -296.30% 367.50% 71.49% -251.15% 98.23% 4.39% 2.48% -58.87% -2.49% 2.09% 83.72%
Net Operating Profit after Tax (NOPAT)		 -1.73 -1.29 -0.44 1.09 2.84 0.36 -0.24 -0.58 0.64 0.97 8.28
NOPAT Margin		 -6.19% -4.39% -1.62% 5.97% 12.70% 1.54% -0.54% -2.12% 2.09% 1.78% 5.59%
Net Nonoperating Expense Percent (NNEP)		 366.46% 63.73% 92.05% -38.65% -16.10% -4.30% 2.77% -6.29% -5.41% -5.54% -17.19%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - - 27.23% 54.01%
Cost of Revenue to Revenue		 69.41% 71.62% 73.67% 57.82% 62.02% 71.98% 84.90% 76.79% 70.69% 79.78% 84.91%
SG&A Expenses to Revenue		 37.68% 32.73% 29.77% 35.26% 28.53% 24.41% 14.81% 24.28% 25.08% 16.42% 8.94%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 39.43% 34.65% 28.65% 36.14% 25.15% 25.98% 15.98% 26.24% 26.33% 17.01% 9.35%
Earnings before Interest and Taxes (EBIT)		 -2.47 -1.84 -0.64 1.10 2.87 0.48 0.50 -0.80 0.91 1.75 8.70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -1.94 -1.21 -0.01 1.62 3.33 0.93 1.12 -0.21 1.32 2.07 9.31
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 6.12 0.00 0.00 0.00 6.69 10.14 4.01 3.87 4.10 1.66 41.59
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 12.74 16.32 5.83 6.58 5.67 2.12 46.69
Price to Revenue (P/Rev)		 0.21 0.07 0.02 0.44 0.74 1.24 0.28 0.31 0.39 0.11 2.00
Price to Earnings (P/E)		 0.00 0.00 0.00 10.55 6.81 230.81 161.40 0.00 0.00 79.44 46.64
Dividend Yield		 0.00% 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% 9.48% 14.68% 0.43% 0.62% 0.00% 0.00% 1.26% 2.14%
Enterprise Value to Invested Capital (EV/IC)		 4.31 2.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.23 0.14 0.00 0.41 0.55 0.95 0.00 0.09 0.00 0.00 1.90
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 4.62 3.68 24.07 0.00 0.00 0.00 0.00 30.29
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 6.77 4.28 46.73 0.00 0.00 0.00 0.00 32.40
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 6.83 4.32 61.94 0.00 0.00 0.00 0.00 34.02
Enterprise Value to Operating Cash Flow (EV/OCF)		 10.15 0.00 0.00 0.00 6.45 7.44 0.00 0.00 0.00 0.00 18.42
Enterprise Value to Free Cash Flow (EV/FCFF)		 50.93 0.00 0.00 0.00 3.25 0.00 0.00 0.00 0.00 0.00 35.74
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 2.00 -5.79 -0.75 -5.43 0.74 0.71 0.70 0.92 0.00 0.00 1.15
Long-Term Debt to Equity		 0.61 -1.73 -0.58 -5.43 0.74 0.71 0.70 0.00 0.00 0.00 1.15
Financial Leverage		 0.14 8.26 -0.62 0.98 -2.28 0.18 -3.87 -4.22 -5.13 -4.97 -2.51
Leverage Ratio		 6.54 67.66 -10.62 -8.82 7.28 -0.43 6.84 8.00 9.87 8.79 11.43
Compound Leverage Factor		 7.27 80.30 -16.69 -6.19 6.25 -0.15 1.78 12.29 -0.18 0.67 8.06
Debt to Total Capital		 66.70% 120.88% -297.50% 122.58% 42.56% 41.41% 41.24% 47.87% 0.00% 0.00% 53.46%
Short-Term Debt to Total Capital		 46.46% 84.82% -68.33% 0.00% 0.00% 0.00% 0.00% 47.87% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 20.24% 36.06% -229.17% 122.58% 42.56% 41.41% 41.24% 0.00% 0.00% 0.00% 53.46%
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% 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% 0.00%
Common Equity to Total Capital		 33.30% -20.88% 397.50% -22.58% 57.44% 58.59% 58.76% 52.13% 100.00% 100.00% 46.54%
Debt to EBITDA		 -0.98 -2.87 -178.50 1.02 0.55 2.18 2.00 -9.87 0.00 0.00 0.88
Net Debt to EBITDA		 -0.27 -1.93 180.17 -0.38 -1.30 -7.14 -15.03 29.12 0.00 0.00 -1.61
Long-Term Debt to EBITDA		 -0.30 -0.86 -137.50 1.02 0.55 2.18 2.00 0.00 0.00 0.00 0.88
Debt to NOPAT		 -1.09 -2.68 -2.42 1.51 0.65 5.60 -9.12 -3.48 0.00 0.00 0.99
Net Debt to NOPAT		 -0.30 -1.81 2.44 -0.56 -1.53 -18.36 68.49 10.26 0.00 0.00 -1.81
Long-Term Debt to NOPAT		 -0.33 -0.80 -1.86 1.51 0.65 5.60 -9.12 0.00 0.00 0.00 0.99
Altman Z-Score		 -6.74 -5.65 -8.71 -10.41 -4.65 -2.39 -1.34 -3.25 -1.63 -1.07 2.96
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.76 0.76 0.59 0.70 1.63 1.22 1.16 0.97 1.01 1.05 1.02
Quick Ratio		 0.72 0.74 0.56 0.61 1.51 1.08 1.10 0.81 0.96 0.83 0.69
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.12 -1.57 3.81 -0.50 3.78 -65 9.57 -10 14 -8.21 7.89
Operating Cash Flow to CapEx		 122.68% -377.62% 769.66% -21.23% 785.12% 507.58% 2,524.49% -16,331.25% 2,744.78% -3,217.51% 180.31%
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 -4.17 2.88
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -4.20 5.59
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 -4.33 2.49
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 2.04 2.52 2.54 2.39 2.82 1.76 2.18 1.27 1.21 1.91 2.43
Accounts Receivable Turnover		 4.01 4.51 4.97 9.35 26.02 10.24 18.85 19.86 13.35 17.35 15.02
Inventory Turnover		 104.71 191.99 322.64 109.75 114.48 23.18 49.37 40.32 25.34 27.08 12.57
Fixed Asset Turnover		 50.56 42.98 43.94 38.08 55.28 42.96 65.93 58.13 70.59 89.55 32.14
Accounts Payable Turnover		 2.96 3.21 3.12 2.60 5.30 3.01 3.44 2.06 1.51 2.41 3.72
Days Sales Outstanding (DSO)		 90.95 80.92 73.40 39.04 14.03 35.63 19.36 18.38 27.35 21.04 24.31
Days Inventory Outstanding (DIO)		 3.49 1.90 1.13 3.33 3.19 15.75 7.39 9.05 14.40 13.48 29.04
Days Payable Outstanding (DPO)		 123.43 113.68 116.99 140.61 68.92 121.17 106.02 176.79 241.28 151.30 98.22
Cash Conversion Cycle (CCC)		 -28.99 -30.86 -42.46 -98.25 -51.70 -69.79 -79.26 -149.35 -199.53 -116.78 -44.88
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1.46 1.74 -2.51 -0.92 -1.86 -3.78 -14 -3.77 -17 -8.28 -7.88
Invested Capital Turnover		 11.71 18.41 -71.01 -10.68 -16.09 -0.64 -5.19 -3.16 -2.89 -4.23 -18.33
Increase / (Decrease) in Invested Capital		 -1.86 0.28 -4.25 1.60 -0.94 66 -9.81 9.83 -14 9.18 0.40
Enterprise Value (EV)		 6.31 4.27 -0.46 7.47 12 22 -4.03 2.56 -8.38 -5.95 282
Market Capitalization		 5.79 1.93 0.62 8.08 17 29 13 8.53 12 5.88 297
Book Value per Share		 $0.06 ($0.04) ($0.09) ($0.02) $0.13 $0.16 $0.17 $0.12 $0.14 $0.16 $0.32
Tangible Book Value per Share		 ($0.13) ($0.21) ($0.26) ($0.18) $0.07 $0.10 $0.12 $0.07 $0.10 $0.13 $0.28
Total Capital		 2.84 2.87 -0.36 1.35 4.32 4.90 5.42 4.23 2.93 3.55 15
Total Debt		 1.90 3.47 1.07 1.66 1.84 2.03 2.23 2.02 0.00 0.00 8.20
Total Long-Term Debt		 0.58 1.04 0.83 1.66 1.84 2.03 2.23 0.00 0.00 0.00 8.20
Net Debt		 0.52 2.34 -1.08 -0.61 -4.34 -6.65 -17 -5.97 -20 -12 -15
Capital Expenditures (CapEx)		 0.51 0.41 0.29 0.21 0.24 0.59 0.40 0.06 0.54 0.26 8.48
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -2.17 -1.70 -5.64 -3.87 -3.32 -6.09 -16 -6.28 -20 -11 -22
Debt-free Net Working Capital (DFNWC)		 -0.79 -0.57 -3.48 -1.61 2.86 2.59 2.90 1.71 0.25 0.89 1.28
Net Working Capital (NWC)		 -2.11 -3.01 -3.73 -1.61 2.86 2.59 2.90 -0.31 0.25 0.89 1.28
Net Nonoperating Expense (NNE)		 1.07 0.91 0.58 0.33 0.40 0.24 -0.32 0.72 0.71 0.89 2.31
Net Nonoperating Obligations (NNO)		 0.52 2.34 -1.08 -0.61 -4.34 -6.65 -17 -5.97 -20 -12 -15
Total Depreciation and Amortization (D&A)		 0.54 0.63 0.63 0.52 0.47 0.45 0.62 0.60 0.41 0.32 0.61
Debt-free, Cash-free Net Working Capital to Revenue		 -7.74% -5.77% -20.59% -21.15% -14.85% -25.90% -35.75% -22.91% -65.77% -20.11% -14.81%
Debt-free Net Working Capital to Revenue		 -2.82% -1.93% -12.72% -8.77% 12.81% 10.99% 6.44% 6.25% 0.81% 1.64% 0.86%
Net Working Capital to Revenue		 -7.53% -10.20% -13.62% -8.77% 12.81% 10.99% 6.44% -1.13% 0.81% 1.64% 0.86%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.19) ($0.14) ($0.07) $0.05 $0.16 $0.01 $0.00 ($0.07) $0.00 $0.00 $0.27
Adjusted Weighted Average Basic Shares Outstanding		 15.02M 15.54M 15.62M 15.54M 15.53M 0.00 17.96M 18.87M 21.54M 21.77M 25.03M
Adjusted Diluted Earnings per Share		 ($0.19) ($0.14) ($0.07) $0.05 $0.13 $0.01 $0.00 $0.00 $0.00 $0.00 $0.24
Adjusted Weighted Average Diluted Shares Outstanding		 15.66M 15.64M 15.62M 15.54M 18.70M 17.84M 17.96M 18.87M 21.54M 21.77M 25.03M
Adjusted Basic & Diluted Earnings per Share		 ($0.19) ($0.14) ($0.07) $0.00 $0.16 $0.01 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 15.66M 15.64M 15.41M 15.54M 15.53M 0.00 17.96M 18.87M 21.54M 21.77M 25.03M
Normalized Net Operating Profit after Tax (NOPAT)		 -1.73 -1.29 -0.44 1.09 2.84 0.36 -0.24 -0.58 0.64 0.97 8.28
Normalized NOPAT Margin		 -6.19% -4.39% -1.62% 5.97% 12.70% 1.54% -0.54% -2.12% 2.09% 1.78% 5.59%
Pre Tax Income Margin		 -9.83% -7.41% -3.67% 4.23% 11.03% 0.71% 0.29% -4.49% -0.06% 0.25% 4.14%
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 0.89 3.18
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.49 3.03
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.76 0.08
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.36 -0.07
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% 0.00%
Augmented Payout Ratio		 0.00% -0.86% -0.10% 0.52% 0.25% 125.40% 220.25% -15.19% -183.56% 54.05% 75.05%

Quarterly Metrics And Ratios for TSS

This table displays calculated financial ratios and metrics derived from TSS'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 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 76.08% -24.94% 26.62% 126.40% 9.94% 122.97% 141.74% -16.36% 689.05% 104.95% 522.70%
EBITDA Growth		 152.01% -1,570.00% -986.79% 4.22% -16.28% 235.37% 156.42% 70.84% 408.64% 272.74% 1,230.15%
EBIT Growth		 282.02% -615.84% -284.39% 3.83% -17.91% 200.28% 138.05% 74.36% 430.63% 280.14% 1,525.69%
NOPAT Growth		 342.30% -615.84% -284.39% 1.32% -25.03% 237.13% 132.61% 77.71% 487.13% 277.01% 2,565.64%
Net Income Growth		 391.87% -330.57% -155.19% -59.14% -65.45% 129.45% 101.91% 345.08% 1,166.03% 469.35% 19,760.00%
EPS Growth		 200.00% 0.00% 0.00% -75.00% -66.67% 0.00% 100.00% 500.00% 900.00% 300.00% 0.00%
Operating Cash Flow Growth		 -35.41% 380.73% -377.56% 497.53% 48.80% -250.98% 119.53% -124.68% 741.73% -28.50% 679.93%
Free Cash Flow Firm Growth		 -127.57% 233.25% -206.24% 1,430.26% 2,063.91% -164.34% 232.14% -187.59% -17.54% 126.14% -52.74%
Invested Capital Growth		 25.02% -363.70% 50.41% -527.23% -349.39% 52.57% -144.90% 85.26% -51.47% 4.81% 9.10%
Revenue Q/Q Growth		 25.79% 35.53% -39.95% 121.13% -38.91% 174.86% -34.89% -23.49% 476.26% -28.61% 97.82%
EBITDA Q/Q Growth		 -7.84% -162.55% 2.04% 284.55% -25.96% 1.14% -59.17% 458.77% 120.43% -25.88% 45.70%
EBIT Q/Q Growth		 -7.24% -183.01% 8.02% 246.62% -26.67% 1.40% -65.10% 571.94% 123.18% -27.36% 49.24%
NOPAT Q/Q Growth		 -7.72% -159.16% 8.02% 301.77% -31.71% 8.21% -78.13% 999.50% 125.61% -30.51% 54.65%
Net Income Q/Q Growth		 -21.53% -288.60% 31.11% 140.08% -33.65% 60.77% -95.54% 9,246.67% 88.73% -27.70% 55.72%
EPS Q/Q Growth		 -25.00% 0.00% 0.00% 125.00% 0.00% 100.00% -100.00% 0.00% 66.67% -20.00% 50.00%
Operating Cash Flow Q/Q Growth		 169.92% 261.84% -221.38% 229.46% -73.83% -467.14% 115.71% -263.57% 992.49% -156.05% 195.33%
Free Cash Flow Firm Q/Q Growth		 -184.54% 1,360.41% -137.27% 485.32% 8.49% -141.29% 176.55% -355.42% 202.14% -86.91% 38.40%
Invested Capital Q/Q Growth		 -66.88% -206.42% 74.92% -389.15% -19.57% 67.66% -29.49% 70.56% -1,128.82% 79.68% -23.64%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 34.23% 17.69% 25.65% 22.16% 31.87% 13.37% 17.08% 37.31% 11.26% 14.42% 9.31%
EBITDA Margin		 11.64% -5.37% -8.76% 7.31% 8.86% 3.26% 2.05% 14.94% 5.71% 5.93% 4.37%
Operating Margin		 10.78% -6.60% -10.12% 6.71% 8.05% 2.97% 1.59% 13.98% 5.41% 5.51% 4.16%
EBIT Margin		 10.78% -6.60% -10.12% 6.71% 8.05% 2.97% 1.59% 13.98% 5.41% 5.51% 4.16%
Profit (Net Income) Margin		 7.49% -10.42% -11.96% 2.17% 2.35% 1.38% 0.09% 11.53% 3.78% 3.82% 3.01%
Tax Burden Percent		 98.21% 102.15% 101.16% 96.33% 89.70% 95.73% 60.00% 98.18% 99.25% 94.94% 98.38%
Interest Burden Percent		 70.72% 154.50% 116.84% 33.54% 32.59% 48.41% 9.88% 84.00% 70.27% 73.11% 73.62%
Effective Tax Rate		 1.79% 0.00% 0.00% 3.67% 10.30% 4.27% 40.00% 1.82% 0.75% 5.06% 1.62%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 25.57% -2.84% -25.72% -35.59% -40.10% 2.28% 29.43% 49.63% 81.87% 111.84% 137.01%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 16.20% -7.98% -13.61% 8.43% 9.49% 5.67% 3.97% 23.76% 11.86% 13.36% 13.70%
Return on Assets (ROA)		 11.25% -12.60% -16.08% 2.72% 2.77% 2.63% 0.24% 19.59% 8.27% 9.27% 9.92%
Return on Common Equity (ROCE)		 25.57% -2.84% -25.72% -35.59% -40.10% 2.28% 29.43% 49.63% 81.87% 111.84% 137.01%
Return on Equity Simple (ROE_SIMPLE)		 20.56% 0.00% -24.09% -36.59% -45.38% 0.00% 23.91% 38.07% 57.47% 0.00% 95.20%
Net Operating Profit after Tax (NOPAT)		 0.86 -0.51 -0.47 0.94 0.64 0.69 0.15 1.67 3.77 2.62 4.05
NOPAT Margin		 10.59% -4.62% -7.08% 6.46% 7.22% 2.84% 0.96% 13.73% 5.37% 5.23% 4.09%
Net Nonoperating Expense Percent (NNEP)		 -2.56% -4.82% -3.66% -4.09% -2.26% -2.22% -1.30% -1.64% -2.98% -5.24% -6.37%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - 19.56% 4.15% - - 17.06% 23.00%
Cost of Revenue to Revenue		 65.77% 82.31% 74.35% 77.84% 68.13% 86.63% 82.92% 62.69% 88.74% 85.58% 90.69%
SG&A Expenses to Revenue		 22.61% 23.07% 34.41% 14.85% 23.01% 10.11% 15.03% 22.36% 5.54% 8.49% 4.94%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 23.45% 24.30% 35.76% 15.46% 23.82% 10.40% 15.49% 23.32% 5.84% 8.91% 5.15%
Earnings before Interest and Taxes (EBIT)		 0.87 -0.72 -0.67 0.98 0.72 0.73 0.25 1.70 3.79 2.76 4.11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 0.94 -0.59 -0.58 1.06 0.79 0.80 0.33 1.82 4.00 2.97 4.32
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 3.29 4.10 4.90 2.95 2.79 1.66 3.80 10.09 20.94 41.59 20.91
Price to Tangible Book Value (P/TBV)		 4.19 5.67 7.50 4.11 3.73 2.12 4.82 11.89 23.32 46.69 22.81
Price to Revenue (P/Rev)		 0.37 0.39 0.35 0.20 0.21 0.11 0.22 0.85 1.31 2.00 0.85
Price to Earnings (P/E)		 16.00 0.00 0.00 0.00 0.00 79.44 15.87 26.51 36.43 46.64 21.06
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 6.25% 0.00% 0.00% 0.00% 0.00% 1.26% 6.30% 3.77% 2.74% 2.14% 4.75%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.09 0.00 0.14 0.00 0.00 0.00 0.00 0.71 0.93 1.90 0.77
Enterprise Value to EBITDA (EV/EBITDA)		 1.67 0.00 5.79 0.00 0.00 0.00 0.00 11.73 16.40 30.29 13.33
Enterprise Value to EBIT (EV/EBIT)		 2.11 0.00 10.75 0.00 0.00 0.00 0.00 12.88 17.59 32.40 14.12
Enterprise Value to NOPAT (EV/NOPAT)		 2.29 0.00 15.36 0.00 0.00 0.00 0.00 13.37 17.87 34.02 14.65
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.66 18.42 5.33
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.82 35.74 15.94
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.15 0.87
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.15 0.87
Financial Leverage		 -3.12 -5.13 -4.08 -5.39 -5.47 -4.97 -3.54 -4.11 -6.99 -2.51 -2.57
Leverage Ratio		 7.27 9.87 11.11 11.29 9.93 8.79 8.60 9.13 10.41 11.43 10.75
Compound Leverage Factor		 5.14 15.24 12.98 3.79 3.24 4.26 0.85 7.67 7.32 8.36 7.92
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 53.46% 46.61%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 53.46% 46.61%
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% 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% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 46.54% 53.39%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.88 0.62
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.61 -1.44
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.88 0.62
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.99 0.68
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.81 -1.58
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.99 0.68
Altman Z-Score		 -1.75 -1.80 -2.35 -1.04 -0.99 -1.21 -0.66 0.56 2.40 2.76 2.46
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.08 1.01 0.97 1.00 1.01 1.05 1.04 1.09 1.08 1.02 0.85
Quick Ratio		 0.77 0.96 0.53 0.95 0.93 0.83 0.97 0.79 0.98 0.69 0.53
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -1.05 13 -4.92 19 21 -8.49 6.50 -17 17 2.22 3.07
Operating Cash Flow to CapEx		 3,389.01% 3,454.80% -7,321.62% 87,675.00% 13,111.43% -99,105.88% 6,784.62% -257.31% 85,837.78% -322.30% 138.75%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 19.81 0.00 0.00 0.00 2.09
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 8.07 0.00 0.00 0.00 14.06
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 7.95 0.00 0.00 0.00 3.93
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.50 1.21 1.35 1.26 1.18 1.91 2.49 1.70 2.19 2.43 3.30
Accounts Receivable Turnover		 16.61 13.35 18.04 6.57 8.75 17.35 17.23 6.97 17.18 15.02 29.58
Inventory Turnover		 9.51 25.34 6.07 40.86 16.16 27.08 12.68 15.48 29.27 12.57 19.05
Fixed Asset Turnover		 98.21 70.59 70.29 84.94 84.32 89.55 96.10 42.58 90.13 32.14 19.35
Accounts Payable Turnover		 2.30 1.51 1.75 1.52 1.85 2.41 3.28 2.00 2.81 3.72 4.91
Days Sales Outstanding (DSO)		 21.97 27.35 20.23 55.58 41.71 21.04 21.19 52.37 21.25 24.31 12.34
Days Inventory Outstanding (DIO)		 38.39 14.40 60.12 8.93 22.59 13.48 28.79 23.58 12.47 29.04 19.16
Days Payable Outstanding (DPO)		 158.58 241.28 208.04 239.48 197.75 151.30 111.33 182.51 130.02 98.22 74.41
Cash Conversion Cycle (CCC)		 -98.21 -199.53 -127.69 -174.97 -133.44 -116.78 -61.36 -106.56 -96.30 -44.88 -42.91
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 -5.70 -17 -4.38 -21 -26 -8.28 -11 -3.16 -39 -7.88 -9.75
Invested Capital Turnover		 -5.15 -2.89 -4.85 -3.23 -2.62 -4.23 -8.44 -4.99 -3.80 -18.33 -22.59
Increase / (Decrease) in Invested Capital		 1.90 -14 4.45 -18 -20 9.18 -6.35 18 -13 0.40 0.98
Enterprise Value (EV)		 3.24 -8.38 4.54 -16 -20 -5.95 -0.49 44 114 282 177
Market Capitalization		 13 12 11 8.11 8.63 5.88 14 52 160 297 196
Book Value per Share		 $0.20 $0.14 $0.11 $0.13 $0.14 $0.16 $0.17 $0.23 $0.32 $0.32 $0.42
Tangible Book Value per Share		 $0.16 $0.10 $0.07 $0.09 $0.11 $0.13 $0.13 $0.20 $0.29 $0.28 $0.38
Total Capital		 3.91 2.93 2.29 2.75 3.09 3.55 3.66 5.15 7.65 15 18
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.20 8.20
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.20 8.20
Net Debt		 -9.61 -20 -6.67 -24 -29 -12 -14 -8.31 -46 -15 -19
Capital Expenditures (CapEx)		 0.09 0.32 0.19 0.02 0.04 0.02 0.04 1.68 0.05 6.72 15
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -8.34 -20 -7.17 -24 -28 -11 -14 -6.50 -42 -22 -38
Debt-free Net Working Capital (DFNWC)		 1.27 0.25 -0.50 0.02 0.39 0.89 0.85 1.81 4.32 1.28 -11
Net Working Capital (NWC)		 1.27 0.25 -0.50 0.02 0.39 0.89 0.85 1.81 4.32 1.28 -11
Net Nonoperating Expense (NNE)		 0.25 0.63 0.32 0.62 0.43 0.36 0.14 0.27 1.12 0.70 1.07
Net Nonoperating Obligations (NNO)		 -9.61 -20 -6.67 -24 -29 -12 -14 -8.31 -46 -15 -19
Total Depreciation and Amortization (D&A)		 0.07 0.14 0.09 0.09 0.07 0.07 0.07 0.12 0.21 0.21 0.21
Debt-free, Cash-free Net Working Capital to Revenue		 -24.33% -65.77% -22.38% -60.18% -69.15% -20.11% -21.24% -10.60% -34.38% -14.81% -16.64%
Debt-free Net Working Capital to Revenue		 3.69% 0.81% -1.56% 0.05% 0.96% 1.64% 1.33% 2.95% 3.53% 0.86% -4.81%
Net Working Capital to Revenue		 3.69% 0.81% -1.56% 0.05% 0.96% 1.64% 1.33% 2.95% 3.53% 0.86% -4.81%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.03 ($0.05) ($0.04) $0.01 $0.01 $0.02 $0.00 $0.06 $0.12 $0.09 $0.13
Adjusted Weighted Average Basic Shares Outstanding		 21.34M 21.54M 21.54M 21.61M 21.61M 21.77M 22.03M 23.70M 22.47M 25.03M 25.02M
Adjusted Diluted Earnings per Share		 $0.03 $0.00 $0.00 $0.01 $0.01 $0.02 $0.00 $0.06 $0.10 $0.08 $0.12
Adjusted Weighted Average Diluted Shares Outstanding		 21.34M 21.54M 21.54M 21.61M 21.61M 21.77M 22.03M 23.70M 22.47M 25.03M 25.02M
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 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 21.34M 21.54M 21.54M 21.61M 21.61M 21.77M 22.03M 23.70M 22.47M 25.03M 25.02M
Normalized Net Operating Profit after Tax (NOPAT)		 0.86 -0.51 -0.47 0.94 0.64 0.69 0.15 1.67 3.77 2.62 4.05
Normalized NOPAT Margin		 10.59% -4.62% -7.08% 6.46% 7.22% 2.84% 0.96% 13.73% 5.37% 5.23% 4.09%
Pre Tax Income Margin		 7.63% -10.20% -11.82% 2.25% 2.62% 1.44% 0.16% 11.74% 3.80% 4.03% 3.06%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.77 0.00 0.00 0.00 2.80
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.46 0.00 0.00 0.00 2.76
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.65 0.00 0.00 0.00 -7.33
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.34 0.00 0.00 0.00 -7.38
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% 0.00%
Augmented Payout Ratio		 15.07% -183.56% -23.96% -14.00% -6.20% 54.05% 10.74% 7.49% 17.30% 75.05% 68.05%

Financials Breakdown Chart

Key Financial Trends

TSS, Inc. (NASDAQ: TSSI) showed a major turnaround in Q1 2025, but the balance sheet still carries some meaningful leverage and working-capital strain. Revenue and profitability improved sharply from the prior quarter and from the same period last year, while operating cash flow was very strong. At the same time, liabilities remain large relative to equity, and the company’s current obligations are heavy.

  • Revenue jumped to $98.96 million in Q1 2025, up from $50.03 million in Q4 2024 and $15.89 million in Q1 2024, showing strong top-line acceleration.
  • Gross profit improved to $9.21 million in Q1 2025, compared with $7.21 million in Q4 2024 and $2.71 million in Q1 2024.
  • Operating income rose to $4.11 million, up from $2.76 million in the prior quarter and $0.25 million a year earlier, indicating better operating leverage.
  • Net income attributable to common shareholders reached $2.98 million, versus $1.91 million in Q4 2024 and just $15,000 in Q1 2024.
  • Operating cash flow was $20.64 million in Q1 2025, a strong result and a major improvement from negative operating cash flow in Q4 2024.
  • Cash and equivalents increased to $27.34 million at the end of Q1 2025, up from $12.38 million at the end of Q4 2024.
  • Quarterly EPS improved to $0.13 basic and $0.12 diluted, up from $0.09 basic and $0.08 diluted in Q4 2024.
  • Inventory and receivables grew alongside revenue, which can support growth but also ties up working capital if collections slow.
  • Current liabilities were $72.21 million, which is higher than current assets of $61.08 million, leaving the company with a current ratio below 1.0.
  • Accounts payable alone were $66.21 million, indicating a very large amount of short-term obligations relative to the cash balance.
  • Total liabilities of $104.15 million exceeded total assets of $113.54 million by a wide margin relative to equity, with just $9.39 million in total equity remaining.
  • Long-term debt was $8.2 million, so leverage remains a factor even after the strong quarter.

Longer-term trend: TSSI has moved from weak or inconsistent results in 2022-2023 to a much stronger revenue and earnings profile in 2024-2025. Quarterly revenue has expanded dramatically, and profitability has improved from small gains and occasional losses to consistent positive net income in the most recent periods. Cash generation also looks much better recently.

What investors may want to watch next: whether Q1 2025 was a one-time spike or the start of a more durable growth run, whether operating cash flow stays positive, and whether the company can reduce reliance on large payables while rebuilding equity.

06/15/26 02:30 AM ETAI Generated. May Contain Errors.

TSS Financials - Frequently Asked Questions

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

TSS's net income appears to be on an upward trend, with a most recent value of $5.98 million in 2024, falling from -$2.80 million in 2014. The previous period was $74 thousand in 2023. Check out TSS's forecast to explore projected trends and price targets.

TSS's total operating income in 2024 was $8.50 million, based on the following breakdown:
  • Total Gross Profit: $22.35 million
  • Total Operating Expenses: $13.85 million

Over the last 10 years, TSS's total revenue changed from $27.99 million in 2014 to $148.14 million in 2024, a change of 429.4%.

TSS's total liabilities were at $89.43 million at the end of 2024, a 305.6% increase from 2023, and a 844.5% increase since 2014.

In the past 10 years, TSS's cash and equivalents has ranged from $1.13 million in 2015 to $23.22 million in 2024, and is currently $23.22 million as of their latest financial filing in 2024.

Over the last 10 years, TSS's book value per share changed from 0.06 in 2014 to 0.32 in 2024, a change of 410.6%.


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Financial statements for NASDAQ:TSSI last updated on 6/26/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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