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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	263.02	148.14	54.4	30.64	27.41	45.06
Revenue Growth (YoY)	328.79%	172.33%	77.56%	11.77%	-39.17%	37.47%
Cost of Revenue	230.9	125.79	43.4	21.66	21.05	38.26
Gross Profit	32.13	22.35	11	8.98	6.36	6.8
Selling, General & Admin	17.75	13.24	8.93	7.68	6.66	6.67
Operating Expenses	19.23	13.85	9.25	8.07	7.19	7.2
Operating Income	12.9	8.5	1.75	0.91	-0.83	-0.4
Interest Expense	-4.36	-2.74	-1.97	-0.93	-0.43	-0.37
Interest & Investment Income	0.92	0.56	0.36	-	-	-
Other Non Operating Income (Expenses)	-0.19	-0.19	-	-	0.03	-
EBT Excluding Unusual Items	9.26	6.13	0.13	-0.02	-1.23	-0.77
Other Unusual Items	-	-	-	-	-	0.9
Pretax Income	9.26	6.13	0.13	-0.02	-1.23	0.13
Income Tax Expense	0.24	0.16	0.06	0.06	0.07	0.05
Net Income	9.02	5.98	0.07	-0.07	-1.3	0.08
Net Income to Common	9.02	5.98	0.07	-0.07	-1.3	0.08
Net Income Growth	359.79%	7975.68%	-	-	-	-37.30%
Shares Outstanding (Basic)	23	22	22	20	18	18
Shares Outstanding (Diluted)	26	25	22	20	18	21
Shares Change (YoY)	14.86%	13.87%	9.77%	9.25%	-12.51%	0.26%
EPS (Basic)	0.39	0.27	0.00	-0.00	-0.07	0.00
EPS (Diluted)	0.34	0.24	0.00	-0.00	-0.07	0.00
EPS Growth	311.74%	7042.86%	-	-	-	-48.14%
Free Cash Flow	21.41	6.81	-8.53	14.18	-10.52	9.6
Free Cash Flow Per Share	0.81	0.27	-0.39	0.71	-0.57	0.46
Gross Margin	12.21%	15.09%	20.22%	29.31%	23.21%	15.10%
Operating Margin	4.90%	5.74%	3.22%	2.98%	-3.03%	-0.89%
Profit Margin	3.43%	4.03%	0.14%	-0.24%	-4.73%	0.18%
Free Cash Flow Margin	8.14%	4.60%	-15.67%	46.27%	-38.37%	21.31%
EBITDA	14.37	9.11	2.07	1.3	-0.3	0.13
EBITDA Margin	5.46%	6.15%	3.81%	4.23%	-1.08%	0.29%
D&A For EBITDA	1.47	0.61	0.32	0.38	0.54	0.53
EBIT	12.9	8.5	1.75	0.91	-0.83	-0.4
EBIT Margin	4.90%	5.74%	3.22%	2.98%	-3.03%	-0.89%
Effective Tax Rate	2.59%	2.58%	44.78%	-	-	38.76%
Revenue as Reported	263.02	148.14	54.4	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q