Tile Shop Holdings, Inc. (TTSH)

Tile Shop Holdings 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	343.35	347.07	377.15	394.7	370.7	325.06
Revenue Growth (YoY)	-6.41%	-7.97%	-4.45%	6.48%	14.04%	-4.49%
Cost of Revenue	117.73	119.2	134.09	135.77	117.57	103.53
Gross Profit	225.63	227.87	243.06	258.94	253.13	221.53
Selling, General & Admin	223.26	223.41	225.78	235.91	231.7	212.89
Operating Expenses	223.26	223.41	225.88	235.91	231.8	212.99
Operating Income	2.37	4.47	17.19	23.03	21.33	8.53
Interest Expense	-0.11	-0.28	-2.16	-1.58	-0.66	-1.87
EBT Excluding Unusual Items	2.28	4.19	15.02	21.45	20.67	6.66
Asset Writedown	-0.95	-0.95	-1.03	-0.42	-0.72	-2.16
Pretax Income	1.33	3.24	13.99	21.03	19.95	4.5
Income Tax Expense	0.52	0.92	3.92	5.33	5.18	-1.53
Net Income	0.8	2.32	10.07	15.7	14.77	6.03
Net Income to Common	0.8	2.32	10.07	15.7	14.77	6.03
Net Income Growth	-91.31%	-76.95%	-35.87%	6.29%	144.97%	-
Shares Outstanding (Basic)	44	44	43	49	50	50
Shares Outstanding (Diluted)	44	44	44	49	51	51
Shares Change (YoY)	0.53%	0.53%	-11.43%	-3.60%	0.99%	-0.08%
EPS (Basic)	0.02	0.05	0.23	0.32	0.29	0.12
EPS (Diluted)	0.01	0.05	0.23	0.32	0.29	0.12
EPS Growth	-93.32%	-78.26%	-28.13%	10.35%	141.67%	-
Free Cash Flow	3.07	12.57	46.75	-11.31	28.62	63.63
Free Cash Flow Per Share	0.07	0.29	1.07	-0.23	0.56	1.26
Gross Margin	65.71%	65.66%	64.45%	65.60%	68.28%	68.15%
Operating Margin	0.69%	1.29%	4.56%	5.83%	5.75%	2.62%
Profit Margin	0.23%	0.67%	2.67%	3.98%	3.98%	1.85%
Free Cash Flow Margin	0.89%	3.62%	12.39%	-2.87%	7.72%	19.57%
EBITDA	17.59	20.43	36.81	46.17	47.21	38.37
EBITDA Margin	5.12%	5.88%	9.76%	11.70%	12.73%	11.80%
D&A For EBITDA	15.22	15.96	19.63	23.14	25.88	29.84
EBIT	2.37	4.47	17.19	23.03	21.33	8.53
EBIT Margin	0.69%	1.29%	4.56%	5.83%	5.75%	2.62%
Effective Tax Rate	39.37%	28.41%	28.03%	25.33%	25.96%	-
Advertising Expenses	-	8.3	9.1	8.1	6.1	4.6

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q