Tactile Systems Technology, Inc. (TCMD)

TCMD Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	274.42	246.79	208.06	187.13	189.49
Revenue Growth (YoY)	11.20%	18.61%	11.18%	-1.25%	31.82%
Cost of Revenue	79.29	70.81	59.84	54.32	55.26
Gross Profit	195.13	175.98	148.21	132.81	134.24
Selling, General & Admin	169.19	167.21	143.58	130.98	118.37
Research & Development	7.82	7.09	5.66	5.26	5.17
Other Operating Expenses	2.35	17.15	1.27	0.2	0.19
Operating Expenses	179.36	191.45	150.51	136.44	123.74
Operating Income	15.77	-15.47	-2.29	-3.63	10.5
Other Expense / Income	-	-	-	-1.37	-0.63
Pretax Income	15.77	-15.47	-2.29	-2.26	11.13
Income Tax	-12.75	2.39	9.52	-1.64	0.16
Net Income	28.52	-17.87	-11.81	-0.62	10.97
Net Income Growth	-	-	-	-	65.65%
Shares Outstanding (Basic)	23	20	20	19	19
Shares Outstanding (Diluted)	23	20	20	19	20
Shares Change	15.49%	1.77%	1.93%	-1.50%	1.52%
EPS (Basic)	1.24	-0.89	-0.60	-0.03	0.58
EPS (Diluted)	1.23	-0.89	-0.60	-0.03	0.56
EPS Growth	-	-	-	-	64.71%
Free Cash Flow	33.53	3.44	0.53	0.74	-2.94
Free Cash Flow Per Share	1.46	0.17	0.03	0.04	-0.15
Gross Margin	71.11%	71.31%	71.24%	70.97%	70.84%
Operating Margin	5.75%	-6.27%	-1.10%	-1.94%	5.54%
Profit Margin	10.39%	-7.24%	-5.68%	-0.33%	5.79%
Free Cash Flow Margin	12.22%	1.39%	0.25%	0.39%	-1.55%
Effective Tax Rate	-80.82%	-	-	-	1.42%
EBITDA	22.31	-9.21	1.39	0.53	14.67
EBITDA Margin	8.13%	-3.73%	0.67%	0.28%	7.74%
Depreciation & Amortization	6.54	6.27	3.68	2.79	3.54
EBIT	15.77	-15.47	-2.29	-2.26	11.13
EBIT Margin	5.75%	-6.27%	-1.10%	-1.21%	5.87%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).