TEN Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	2.83	3.1	3.5	3.72	4.81
Revenue Growth	-11.69%	-11.42%	-5.78%	-22.63%	-
Cost of Revenue	0.71	0.66	0.65	0.56	0.74
Gross Profit	2.12	2.44	2.85	3.16	4.07
Selling, General & Admin	14.94	15.28	5.39	4.74	4.13
Operating Expenses	15.26	15.87	5.58	4.79	4.17
Operating Income	-13.14	-13.43	-2.73	-1.63	-0.1
Interest Expense	-0.22	-0.28	-0.21	-0.05	-
Other Non Operating Income (Expenses)	-0.22	-1.61	-0.03	0.03	-0.01
EBT Excluding Unusual Items	-13.58	-15.32	-2.97	-1.65	-0.11
Asset Writedown	-4.19	-4.19	-	-	-
Pretax Income	-17.78	-19.51	-2.97	-1.65	-0.11
Income Tax Expense	-	-	-	0.04	7.55
Net Income	-17.78	-19.51	-2.97	-1.69	-7.66
Net Income to Common	-17.78	-19.51	-2.97	-1.69	-7.66
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	3	2	2	2	2
Shares Outstanding (Diluted)	3	2	2	2	2
Shares Change	87.67%	36.30%	0.06%	-	-
EPS (Basic)	-5.27	-8.58	-1.78	-1.01	-4.60
EPS (Diluted)	-5.27	-8.58	-1.78	-1.01	-4.60
EPS Growth	-	-	-	-	-
Free Cash Flow	-5.18	-10.07	-2.52	-0.29	0.04
Free Cash Flow Per Share	-1.54	-4.43	-1.51	-0.17	0.02
Gross Margin	74.83%	78.64%	81.39%	85.08%	84.69%
Operating Margin	-463.86%	-432.54%	-77.85%	-43.80%	-2.14%
Profit Margin	-627.50%	-628.51%	-84.70%	-45.39%	-159.41%
Free Cash Flow Margin	-182.99%	-324.26%	-72.00%	-7.80%	0.75%
EBITDA	-13.1	-13.38	-2.67	-1.58	-0.06
EBITDA Margin	-	-	-76.31%	-42.43%	-1.21%
D&A For EBITDA	0.04	0.05	0.05	0.05	0.05
EBIT	-13.14	-13.43	-2.73	-1.63	-0.1
EBIT Margin	-	-	-77.85%	-43.80%	-2.14%

SEC Filings: 10-K · 10-Q