TSS, Inc. (TSSI)

TSS, Inc. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	122.53	54.4	30.64	27.41	45.06	32.78
Revenue Growth (YoY)	199.30%	77.56%	11.77%	-39.17%	37.47%	46.76%
Cost of Revenue	104.13	43.4	21.66	21.05	38.26	26.19
Gross Profit	18.4	11	8.98	6.36	6.8	6.59
Selling, General & Admin	11.46	8.93	7.68	6.66	6.67	5.74
Operating Expenses	11.93	9.25	8.07	7.19	7.2	6.11
Operating Income	6.47	1.75	0.91	-0.83	-0.4	0.48
Interest Expense	-2	-1.62	-0.93	-0.43	-0.37	-0.31
Other Non Operating Income (Expenses)	-	-	-	0.03	-	-
EBT Excluding Unusual Items	4.47	0.13	-0.02	-1.23	-0.77	0.17
Other Unusual Items	-	-	-	-	0.9	-
Pretax Income	4.47	0.13	-0.02	-1.23	0.13	0.17
Income Tax Expense	0.07	0.06	0.06	0.07	0.05	0.04
Net Income	4.4	0.07	-0.07	-1.3	0.08	0.13
Net Income to Common	4.4	0.07	-0.07	-1.3	0.08	0.13
Net Income Growth	-	-	-	-	-37.30%	-94.83%
Shares Outstanding (Basic)	19	22	20	18	18	17
Shares Outstanding (Diluted)	21	22	20	18	21	21
Shares Change (YoY)	-14.26%	9.77%	9.25%	-12.51%	0.26%	12.07%
EPS (Basic)	0.23	0.00	-0.00	-0.07	0.00	0.01
EPS (Diluted)	0.21	0.00	-0.00	-0.07	0.00	0.01
EPS Growth	-	-	-	-	-48.14%	-94.42%
Free Cash Flow	18.31	-8.53	14.18	-10.52	9.6	2.42
Free Cash Flow Per Share	0.86	-0.39	0.71	-0.57	0.46	0.12
Gross Margin	15.02%	20.22%	29.31%	23.21%	15.10%	20.11%
Operating Margin	5.28%	3.22%	2.98%	-3.03%	-0.89%	1.46%
Profit Margin	3.59%	0.14%	-0.24%	-4.73%	0.18%	0.38%
Free Cash Flow Margin	14.95%	-15.67%	46.27%	-38.37%	21.31%	7.39%
EBITDA	6.94	2.07	1.3	-0.3	0.13	0.85
EBITDA Margin	5.66%	3.81%	4.23%	-1.08%	0.29%	2.59%
D&A For EBITDA	0.47	0.32	0.38	0.54	0.53	0.37
EBIT	6.47	1.75	0.91	-0.83	-0.4	0.48
EBIT Margin	5.28%	3.22%	2.98%	-3.03%	-0.89%	1.46%
Effective Tax Rate	1.59%	44.78%	-	-	38.76%	24.55%

Source: S&P Capital IQ. Standard template. Financial Sources.