Team, Inc. (TISI)

Team, Inc. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	852.27	862.62	840.21	794.2	852.54
Revenue Growth (YoY)	-1.20%	2.67%	5.79%	-6.84%	-26.71%
Cost of Revenue	629.12	651.46	638.6	622.7	613.83
Gross Profit	223.15	211.15	201.61	171.5	238.71
Selling, General & Admin	190.02	200.47	219.8	226.52	237.86
Operating Expenses	212.58	223.79	240.65	247.08	260.66
Operating Income	10.57	-12.64	-39.04	-75.59	-21.95
Interest Expense	-47.81	-55.18	-85.05	-46.08	-29.82
Currency Exchange Gain (Loss)	2.33	-0.73	2.69	-3.3	-2.76
Other Non Operating Income (Expenses)	-0.08	-1.24	-0	-3.42	1.15
EBT Excluding Unusual Items	-34.98	-69.79	-121.4	-128.38	-53.38
Merger & Restructuring Charges	-	-	-0.02	-2.54	-3.37
Impairment of Goodwill	-	-	-	-55.84	-191.79
Gain (Loss) on Sale of Assets	-0.01	0.23	4.72	2.98	-1.16
Other Unusual Items	-	-1.59	-30.08	7.7	-2.22
Pretax Income	-34.99	-71.14	-146.78	-176.07	-251.92
Income Tax Expense	3.28	4.58	3.31	8.77	-14.72
Earnings From Continuing Operations	-38.27	-75.72	-150.09	-184.85	-237.2
Earnings From Discontinued Operations	-	-	220.17	-1.17	-
Net Income to Company	-38.27	-75.72	70.08	-186.02	-237.2
Net Income	-38.27	-75.72	70.08	-186.02	-237.2
Net Income to Common	-38.27	-75.72	70.08	-186.02	-237.2
Shares Outstanding (Basic)	4	4	4	3	3
Shares Outstanding (Diluted)	4	4	4	3	3
Shares Change (YoY)	1.33%	4.40%	35.15%	1.12%	1.08%
EPS (Basic)	-8.64	-17.32	16.74	-60.04	-77.42
EPS (Diluted)	-8.64	-17.32	16.74	-60.04	-77.42
Free Cash Flow	13.3	-21.42	-82.63	-53.06	32.81
Free Cash Flow Per Share	3.00	-4.90	-19.73	-17.13	10.71
Gross Margin	26.18%	24.48%	24.00%	21.59%	28.00%
Operating Margin	1.24%	-1.47%	-4.65%	-9.52%	-2.57%
Profit Margin	-4.49%	-8.78%	8.34%	-23.42%	-27.82%
Free Cash Flow Margin	1.56%	-2.48%	-9.83%	-6.68%	3.85%
EBITDA	46.87	25.24	-2.59	-36.69	23.96
EBITDA Margin	5.50%	2.93%	-0.31%	-4.62%	2.81%
D&A For EBITDA	36.3	37.87	36.45	38.9	45.91
EBIT	10.57	-12.64	-39.04	-75.59	-21.95
EBIT Margin	1.24%	-1.47%	-4.65%	-9.52%	-2.57%

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q