Telos Corporation (TLS)

Telos Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	145.38	216.89	242.43	179.92	159.22
Revenue Growth (YoY)	-32.97%	-10.54%	34.75%	13.00%	15.36%
Cost of Revenue	92.44	137.84	156.4	117.5	106.87
Gross Profit	52.94	79.04	86.03	62.42	52.34
Selling, General & Admin	93.26	132.89	127.49	62.12	36.67
Research & Development	0	0	0	0	10.65
Other Operating Expenses	0	0	0.92	0.26	0
Operating Expenses	93.26	132.89	128.41	62.38	47.32
Operating Income	-40.32	-53.85	-42.39	0.04	5.03
Interest Expense / Income	0.79	0.87	0.78	7.26	7.47
Other Expense / Income	-6.72	-1.35	-	-8.86	4.06
Pretax Income	-34.39	-53.37	-43.16	1.64	-6.51
Income Tax	0.04	0.05	-0.03	-0.05	-0.1
Net Income	-34.42	-53.43	-43.13	1.69	-6.4
Shares Outstanding (Basic)	69	68	66	42	38
Shares Outstanding (Diluted)	69	68	66	43	38
Shares Change	2.51%	1.79%	54.80%	13.64%	2.63%
EPS (Basic)	-0.50	-0.79	-0.65	0.04	-0.17
EPS (Diluted)	-0.50	-0.79	-0.65	0.04	-0.17
Free Cash Flow	-13.89	2.79	-5.91	-9.57	5.28
Free Cash Flow Per Share	-0.20	0.04	-0.09	-0.23	0.14
Gross Margin	36.42%	36.44%	35.49%	34.69%	32.88%
Operating Margin	-27.73%	-24.83%	-17.48%	0.02%	3.16%
Profit Margin	-23.68%	-24.63%	-17.79%	0.94%	-4.02%
Free Cash Flow Margin	-9.56%	1.29%	-2.44%	-5.32%	3.32%
Effective Tax Rate	-	-	-	-2.80%	-
EBITDA	-24.17	-46.61	-36.76	14.25	5.93
EBITDA Margin	-16.63%	-21.49%	-15.16%	7.92%	3.73%
Depreciation & Amortization	9.43	5.89	5.62	5.35	4.97
EBIT	-33.6	-52.5	-42.39	8.9	0.96
EBIT Margin	-23.11%	-24.21%	-17.48%	4.95%	0.60%

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).