Tandy Leather Factory, Inc. (TLF)

Tandy Leather Factory Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	76.32	74.39	76.23	80.34	82.66
Revenue Growth (YoY)	2.60%	-2.41%	-5.11%	-2.81%	28.99%
Cost of Revenue	32.79	32.59	31.07	33.84	35.66
Gross Profit	43.54	41.8	45.16	46.5	47
Selling, General & Admin	44.5	41.18	40.75	45.11	44.7
Total Operating Expenses	44.5	41.18	40.75	45.11	44.7
Operating Income	-0.96	0.63	4.41	1.39	2.3
Interest Income	0.55	0.33	0.09	-0.01	-
Interest Expense	-	-	-	-	-0.02
Other Non-Operating Income (Expense)	19.74	-0.13	-0.04	0.01	-0.09
Total Non-Operating Income (Expense)	20.29	0.2	0.05	0	-0.11
Pretax Income	12.3	1.09	4.55	1.41	2.19
Provision for Income Taxes	3.2	0.26	0.78	0.18	0.84
Net Income	9.1	0.83	3.77	1.23	1.35
Net Income to Common	9.1	0.83	3.77	1.23	1.35
Net Income Growth	1000.61%	-78.05%	207.09%	-9.38%	-
Shares Outstanding (Basic)	8	8	8	8	9
Shares Outstanding (Diluted)	8	9	8	8	9
Shares Change (YoY)	-5.91%	4.93%	-0.29%	-3.74%	-3.77%
EPS (Basic)	1.11	0.10	0.45	0.15	0.16
EPS (Diluted)	1.10	0.09	0.45	0.15	0.16
EPS Growth	1122.22%	-80.00%	200.00%	-6.25%	-
Free Cash Flow	-8.09	1.57	3.96	0.52	2.72
Free Cash Flow Growth	-	-60.49%	663.20%	-80.88%	-
Free Cash Flow Per Share	-0.98	0.18	0.47	0.06	0.31
Gross Margin	57.04%	56.19%	59.25%	57.88%	56.86%
Operating Margin	-1.26%	0.84%	5.79%	1.73%	2.78%
Profit Margin	11.93%	1.11%	4.94%	1.53%	1.64%
FCF Margin	-10.60%	2.10%	5.20%	0.65%	3.28%
EBITDA	4.34	4.18	7.84	4.62	5.5
EBITDA Margin	5.68%	5.61%	10.28%	5.75%	6.66%
EBIT	-0.96	0.63	4.41	1.39	2.3
EBIT Margin	-1.26%	0.84%	5.79%	1.73%	2.78%
Effective Tax Rate	26.00%	24.20%	17.10%	12.86%	38.26%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q