TessPay Inc. (TPI)

TessPay will go public soon, but the exact IPO date is still unknown.

IPO Price Range

$5.00 - $6.00

Shares Offered

1,300,000

Deal Size

$7.15M

TessPay Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2022	2021
Revenue	0.38	0.45
Revenue Growth (YoY)	-15.53%	-
Cost of Revenue	0.76	0.62
Gross Profit	-0.38	-0.16
Selling, General & Admin	1.75	1.02
Other Operating Expenses	0.36	0.03
Operating Expenses	2.1	1.06
Operating Income	-2.48	-1.22
Interest Expense / Income	-0.09	0.04
Other Expense / Income	-0.05	-0.03
Pretax Income	-2.34	-1.23
Net Income	-2.34	-1.23
Free Cash Flow	-2.38	-1.15
Gross Margin	-98.83%	-36.16%
Operating Margin	-646.90%	-268.72%
Profit Margin	-610.07%	-271.62%
Free Cash Flow Margin	-620.72%	-252.23%
EBITDA	-2.23	-1
EBITDA Margin	-579.61%	-220.97%
Depreciation & Amortization	0.21	0.19
EBIT	-2.44	-1.19
EBIT Margin	-634.66%	-262.69%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).