TessPay Inc. (TPI)

TessPay Income Statement

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

Year Ending	TTM	Dec 31, 2022	Dec 31, 2021
Revenue	1.61	0.38	0.45
Revenue Growth (YoY)	-	-15.53%	-
Cost of Revenue	-	0.76	0.62
Gross Profit	0.52	-0.38	-0.16
Selling, General & Admin	-	1.75	1.02
Other Operating Expenses	0	0.36	0.03
Operating Expenses	-	2.1	1.06
Operating Income	-2.57	-2.48	-1.22
Interest Expense / Income	0.04	-0.09	0.04
Other Expense / Income	-0.14	-0.05	-0.03
Pretax Income	-2.46	-2.34	-1.23
Net Income	-2.46	-2.34	-1.23
Free Cash Flow	-1.25	-2.38	-1.15
Gross Margin	32.44%	-98.83%	-36.16%
Operating Margin	-159.73%	-646.90%	-268.72%
Profit Margin	-153.17%	-610.07%	-271.62%
Free Cash Flow Margin	-77.47%	-620.72%	-252.23%
EBITDA	-2.12	-2.23	-1
EBITDA Margin	-132.02%	-579.61%	-220.97%
Depreciation & Amortization	0.3	0.21	0.19
EBIT	-2.43	-2.44	-1.19
EBIT Margin	-150.97%	-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).