Titan Environmental Solutions Inc. (TESI)

TESI Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	10.36	7.62	4.2	3.32
Revenue Growth (YoY)	49.07%	81.40%	26.78%	-
Cost of Revenue	8.97	6.5	4.21	3.32
Gross Profit	1.38	1.12	-0	-0
Selling, General & Admin	6.13	5.94	1.1	0.66
Operating Expenses	6.55	12.04	1.1	0.66
Operating Income	-5.16	-10.92	-1.11	-0.67
Interest Expense	-3.47	-1.38	-0.2	-0.14
Other Non Operating Income (Expenses)	0.58	0.15	-0.17	0.06
EBT Excluding Unusual Items	-8.05	-12.14	-1.47	-0.75
Impairment of Goodwill	-9.55	-20.36	-	-
Gain (Loss) on Sale of Assets	-0.09	-	-	-0.26
Other Unusual Items	-0.72	-116.5	0.81	0.42
Pretax Income	-25.02	-149.01	-0.66	-0.59
Net Income	-25.02	-149.01	-0.66	-0.59
Preferred Dividends & Other Adjustments	6.04	1.08	-	-
Net Income to Common	-31.06	-150.08	-0.66	-0.59
Shares Outstanding (Basic)	235	171	15	-
Shares Outstanding (Diluted)	235	171	15	-
Shares Change (YoY)	1455.88%	1027.99%	-	-
EPS (Basic)	-0.13	-0.88	-0.04	-
EPS (Diluted)	-0.13	-0.88	-0.04	-
Free Cash Flow	-3.2	-3.91	-3.66	-0.55
Free Cash Flow Per Share	-0.01	-0.02	-0.24	-
Gross Margin	13.36%	14.71%	-0.11%	-0.06%
Operating Margin	-49.84%	-143.17%	-26.29%	-20.06%
Profit Margin	-299.89%	-1968.37%	-15.67%	-17.74%
Free Cash Flow Margin	-30.94%	-51.23%	-87.12%	-16.71%
EBITDA	-3.8	-9.99	-0.78	-0.36
EBITDA Margin	-36.70%	-130.98%	-18.55%	-10.89%
D&A For EBITDA	1.36	0.93	0.33	0.3
EBIT	-5.16	-10.92	-1.11	-0.67
EBIT Margin	-49.84%	-143.17%	-26.29%	-20.06%

Source: S&P Capital IQ. Standard template. Financial Sources.