Tandy Leather Factory, Inc. (TLF)

Tandy Leather Factory Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	74.55	74.39	76.23	80.34	82.66	64.08
Revenue Growth (YoY)	-0.28%	-2.41%	-5.11%	-2.81%	28.99%	-14.46%
Cost of Revenue	32.25	32.59	31.07	33.84	35.66	28.03
Gross Profit	42.3	41.8	45.16	46.5	47	36.06
Selling, General & Admin	41.27	39.98	39.55	43.66	42.34	36.35
Amortization of Goodwill & Intangibles	-	-	0.01	0.01	0.01	-
Operating Expenses	42.47	41.18	40.75	44.86	43.45	37.35
Operating Income	-0.17	0.63	4.41	1.63	3.55	-1.3
Interest Expense	-	-	-	-	-0.02	-0.01
Interest & Investment Income	0.53	0.33	0.09	0.01	-	0.08
Other Non Operating Income (Expenses)	-2.78	0.13	0.04	0.01	-0.09	-
EBT Excluding Unusual Items	-2.42	1.09	4.55	1.65	3.45	-1.23
Asset Writedown	-	-	-	-	-	-1.08
Other Unusual Items	-	-	-	-0.25	-1.25	-3.98
Pretax Income	13.81	1.09	4.55	1.41	2.19	-6.28
Income Tax Expense	3.44	0.26	0.78	0.18	0.84	-1.38
Net Income	10.36	0.83	3.77	1.23	1.35	-4.9
Net Income to Common	10.36	0.83	3.77	1.23	1.35	-4.9
Net Income Growth	326.15%	-78.05%	207.09%	-9.38%	-	-
Shares Outstanding (Basic)	8	8	8	8	9	9
Shares Outstanding (Diluted)	9	9	8	8	9	9
Shares Change (YoY)	3.39%	4.93%	-0.29%	-3.74%	-3.77%	1.00%
EPS (Basic)	1.22	0.10	0.45	0.15	0.16	-0.54
EPS (Diluted)	1.18	0.09	0.45	0.15	0.16	-0.54
EPS Growth	308.92%	-80.00%	206.73%	-5.63%	-	-
Free Cash Flow	-8.28	1.57	3.96	0.52	2.72	-13.84
Free Cash Flow Per Share	-0.94	0.18	0.47	0.06	0.31	-1.53
Gross Margin	56.75%	56.19%	59.25%	57.88%	56.86%	56.27%
Operating Margin	-0.22%	0.84%	5.79%	2.03%	4.30%	-2.02%
Profit Margin	13.90%	1.11%	4.94%	1.53%	1.64%	-7.65%
Free Cash Flow Margin	-11.11%	2.10%	5.20%	0.65%	3.28%	-21.60%
EBITDA	0.7	1.81	5.61	2.84	4.66	-0.27
EBITDA Margin	0.94%	2.43%	7.36%	3.53%	5.63%	-0.43%
D&A For EBITDA	0.87	1.18	1.2	1.2	1.11	1.02
EBIT	-0.17	0.63	4.41	1.63	3.55	-1.3
EBIT Margin	-0.22%	0.84%	5.79%	2.03%	4.30%	-2.02%
Effective Tax Rate	24.94%	24.20%	17.10%	12.86%	38.26%	-
Advertising Expenses	-	1.3	1.1	1.2	1	1.1

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q