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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	231.21	148.14	54.4	30.64	27.41	45.06
Revenue Growth (YoY)	262.87%	172.33%	77.56%	11.77%	-39.17%	37.47%
Cost of Revenue	202.36	125.79	43.4	21.66	21.05	38.26
Gross Profit	28.85	22.35	11	8.98	6.36	6.8
Selling, General & Admin	15.74	13.24	8.93	7.68	6.66	6.67
Operating Expenses	16.48	13.85	9.25	8.07	7.19	7.2
Operating Income	12.36	8.5	1.75	0.91	-0.83	-0.4
Interest Expense	-3.88	-2.74	-1.97	-0.93	-0.43	-0.37
Interest & Investment Income	0.85	0.56	0.36	-	-	-
Other Non Operating Income (Expenses)	-0.19	-0.19	-	-	0.03	-
EBT Excluding Unusual Items	9.14	6.13	0.13	-0.02	-1.23	-0.77
Other Unusual Items	-	-	-	-	-	0.9
Pretax Income	9.14	6.13	0.13	-0.02	-1.23	0.13
Income Tax Expense	0.2	0.16	0.06	0.06	0.07	0.05
Net Income	8.94	5.98	0.07	-0.07	-1.3	0.08
Net Income to Common	8.94	5.98	0.07	-0.07	-1.3	0.08
Net Income Growth	921.71%	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)	16.79%	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)	0.35	0.24	0.00	-0.00	-0.07	0.00
EPS Growth	770.13%	7042.86%	-	-	-	-48.14%
Free Cash Flow	9.97	6.81	-8.53	14.18	-10.52	9.6
Free Cash Flow Per Share	0.38	0.27	-0.39	0.71	-0.57	0.46
Gross Margin	12.48%	15.09%	20.22%	29.31%	23.21%	15.10%
Operating Margin	5.35%	5.74%	3.22%	2.98%	-3.03%	-0.89%
Profit Margin	3.87%	4.03%	0.14%	-0.24%	-4.73%	0.18%
Free Cash Flow Margin	4.31%	4.60%	-15.67%	46.27%	-38.37%	21.31%
EBITDA	13.11	9.11	2.07	1.3	-0.3	0.13
EBITDA Margin	5.67%	6.15%	3.81%	4.23%	-1.08%	0.29%
D&A For EBITDA	0.75	0.61	0.32	0.38	0.54	0.53
EBIT	12.36	8.5	1.75	0.91	-0.83	-0.4
EBIT Margin	5.35%	5.74%	3.22%	2.98%	-3.03%	-0.89%
Effective Tax Rate	2.16%	2.58%	44.78%	-	-	38.76%
Revenue as Reported	231.21	148.14	54.4	-	-	-

Updated Apr 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.