TSS, Inc. (TSSI)

TSS, Inc. 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	234.84	148.14	54.4	30.64	27.41	45.06
Revenue Growth (YoY)	91.66%	172.33%	77.56%	11.77%	-39.17%	37.47%
Cost of Revenue	204.94	125.79	43.4	21.66	21.05	38.26
Gross Profit	29.9	22.35	11	8.98	6.36	6.8
Selling, General & Admin	19.11	13.24	8.93	7.68	6.66	6.67
Operating Expenses	21.73	13.85	9.25	8.07	7.19	7.2
Operating Income	8.17	8.5	1.75	0.91	-0.83	-0.4
Interest Expense	-4	-2.74	-1.97	-0.93	-0.43	-0.37
Interest & Investment Income	1.18	0.56	0.36	-	-	-
Other Non Operating Income (Expenses)	-0.2	-0.19	-	-	0.03	-
EBT Excluding Unusual Items	5.15	6.13	0.13	-0.02	-1.23	-0.77
Other Unusual Items	-	-	-	-	-	0.9
Pretax Income	5.15	6.13	0.13	-0.02	-1.23	0.13
Income Tax Expense	0.27	0.16	0.06	0.06	0.07	0.05
Net Income	4.88	5.98	0.07	-0.07	-1.3	0.08
Net Income to Common	4.88	5.98	0.07	-0.07	-1.3	0.08
Net Income Growth	10.89%	7975.68%	-	-	-	-37.30%
Shares Outstanding (Basic)	24	22	22	20	18	18
Shares Outstanding (Diluted)	26	25	22	20	18	21
Shares Change (YoY)	9.22%	13.87%	9.77%	9.25%	-12.51%	0.26%
EPS (Basic)	0.20	0.27	0.00	-0.00	-0.07	0.00
EPS (Diluted)	0.19	0.24	0.00	-0.00	-0.07	0.00
EPS Growth	7.63%	7042.86%	-	-	-	-48.14%
Free Cash Flow	-42.03	6.81	-8.53	14.18	-10.52	9.6
Free Cash Flow Per Share	-1.59	0.27	-0.39	0.71	-0.57	0.46
Gross Margin	12.73%	15.09%	20.22%	29.31%	23.21%	15.10%
Operating Margin	3.48%	5.74%	3.22%	2.98%	-3.03%	-0.89%
Profit Margin	2.08%	4.03%	0.14%	-0.24%	-4.73%	0.18%
Free Cash Flow Margin	-17.90%	4.60%	-15.67%	46.27%	-38.37%	21.31%
EBITDA	10.79	9.11	2.07	1.3	-0.3	0.13
EBITDA Margin	4.60%	6.15%	3.81%	4.23%	-1.08%	0.29%
D&A For EBITDA	2.62	0.61	0.32	0.38	0.54	0.53
EBIT	8.17	8.5	1.75	0.91	-0.83	-0.4
EBIT Margin	3.48%	5.74%	3.22%	2.98%	-3.03%	-0.89%
Effective Tax Rate	5.24%	2.58%	44.78%	-	-	38.76%
Revenue as Reported	234.84	148.14	54.4	-	-	-

Updated Nov 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q