Tactile Systems Technology, Inc.

TCMD

TCMDTactile Systems Technology, Inc. US flag

NASDAQ Global Market

24.37

USD

-0.04

- -

549.70MMarket Cap

Income Statement (USD)

API Chat

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	37	48	63	85	109	144	189	187	208	247	274	293	330
+ Sales & Services Revenue	37	48	63	85	109	144	189	187	208	247	274	293	330
- Cost of Revenue	10	13	17	23	29	41	55	54	60	71	79	76	79
+ Cost of Goods & Services	10	13	17	23	29	41	55	54	60	71	79	76	79
Gross Profit	27	35	46	62	80	102	134	133	148	176	195	217	250
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	25	31	43	57	76	99	124	136	150	189	177	195	221
+ Selling, General & Admin	23	28	38	53	71	94	118	131	144	167	169	183	210
+ Research & Development	2	3	4	4	5	5	5	5	6	7	8	9	8
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	1	14	- -	3	2
Operating Income (Loss)	2	4	3	4	4	3	10	-4	-2	-13	18	22	29
- Non-Operating (Income) Loss	- -	- -	- -	- -	- -	- -	-1	-1	1	3	2	-1	-2
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	2	-1	-2
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	4	2	1
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	3	3
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	-1	-1	1	- -	- -	- -	- -
Pretax Income	2	4	3	4	4	3	11	-2	-2	-15	16	23	31
- Income Tax Expense (Benefit)	-1	2	2	1	-2	-3	- -	-2	10	2	-13	7	12
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	3	2	1	3	6	7	11	-1	-12	-18	29	17	19
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	3	2	1	3	6	7	11	-1	-12	-18	29	17	19
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	3	2	1	3	6	7	11	-1	-12	-18	29	17	19
- Preferred Dividends	2	2	2	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1	- -	- -	2	6	7	11	-1	-12	-18	29	17	19
EBIT	2	4	3	4	4	3	10	-4	-2	-13	18	22	29
EBITDA	3	5	4	5	6	7	14	-1	2	-6	25	29	36
EBITDA Margin (%)	7.98	9.44	6.8	6	5.21	4.68	7.41	-0.45	0.93	-2.63	8.96	9.89	10.9
EBITA	2	4	3	4	4	3	10	-4	-2	-13	18	22	29
Gross Margin (%)	73.71	73.36	73.11	72.87	73.45	71.14	70.84	70.97	71.24	71.31	71.11	73.96	75.91
Operating Margin (%)	6.4	7.96	5.49	5.05	3.57	2.08	5.54	-1.94	-0.85	-5.17	6.57	7.57	8.89
Profit Margin (%)	8.49	4.34	2.22	3.41	5.36	4.61	5.79	-0.33	-5.68	-7.24	10.39	5.79	5.79
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	0.49	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	1	1	1	1	2	4	4	3	4	6	7	7	7
Basic Weighted Avg Shares	13	13	13	17	17	18	19	19	20	20	23	24	23
Basic EPS, GAAP	0.11	0.02	-0.03	0.1	0.34	0.36	0.58	-0.03	-0.6	-0.89	1.24	0.71	0.83
Basic EPS from Cont Ops	0.24	0.16	0.1	0.17	0.34	0.36	0.58	-0.03	-0.6	-0.89	1.24	0.71	0.83
Diluted Weighted Avg Shares	13	13	13	17	19	19	20	19	20	20	23	24	23
Diluted EPS, GAAP	0.11	0.02	-0.03	0.1	0.31	0.34	0.56	-0.03	-0.6	-0.89	1.23	0.7	0.82
Diluted EPS from Cont Ops	0.24	0.16	0.1	0.17	0.31	0.34	0.56	-0.03	-0.6	-0.89	1.23	0.7	0.82

Balance Sheet (USD)

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	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	23	25	29	64	77	85	108	124	114	120	145	178	165
+ Cash, Cash Equivalents & STI	7	5	7	42	44	46	53	59	41	38	75	109	99
+ Cash & Cash Equivalents	7	5	7	31	24	20	23	48	28	22	61	94	83
+ ST Investments	- -	- -	- -	11	20	26	31	11	12	16	14	15	16
+ Accounts & Notes Receiv	10	14	14	15	20	26	33	44	49	55	43	45	44
+ Accounts Receivable, Net	10	14	14	15	18	24	33	44	49	55	43	45	44
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	2	2	- -	- -	- -	- -	- -	- -	- -
+ Inventories	3	4	6	7	11	11	19	19	19	23	23	19	14
+ Raw Materials	1	2	3	4	7	6	13	11	11	18	15	13	9
+ Work In Process	1	2	3	4	7	6	13	- -	- -	- -	- -	- -	- -
+ Finished Goods	1	2	3	3	4	5	7	7	8	5	8	6	5
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	-1	-2	-3	-4	-7	-6	-13	- -	- -	- -	- -	- -	- -
+ Other ST Assets	4	2	2	1	2	2	2	3	4	4	4	5	8
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	6	6	8	10	12	22	43	50	131	135	136	120	109
+ Property, Plant & Equip, Net	1	1	1	2	4	5	23	27	31	27	25	22	19
+ Property, Plant & Equip	3	3	3	4	8	10	29	34	40	38	34	33	32
- Accumulated Depreciation	1	2	2	3	4	6	5	7	9	11	9	11	13
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	5	5	6	8	8	17	20	23	100	108	111	98	90
+ Total Intangible Assets	3	3	2	2	2	5	5	2	85	81	78	74	70
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	31	31	31	31	31
+ Other Intangible Assets	3	3	2	2	2	5	5	2	54	50	47	43	39
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	2	2	4	6	6	12	15	22	15	26	33	24	20
Total Assets	29	31	37	74	88	107	152	174	244	255	281	298	274
+ Payables & Accruals	5	5	9	12	13	14	18	21	22	39	31	32	34
+ Accounts Payable	2	3	3	4	4	5	4	4	5	10	7	6	5
+ Accrued Taxes	- -	- -	1	1	1	- -	1	3	- -	2	2	1	3
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	3	3	4	7	8	9	13	14	17	26	23	25	26
+ ST Debt	- -	- -	- -	- -	- -	- -	1	2	5	5	6	6	3
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	3	3	3	3	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	1	2	3	2	3	3	3
+ Other ST Liabilities	- -	1	1	2	1	2	2	3	7	20	4	3	3
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	1	1	2	1	2	2	3	7	20	4	3	3
Total Current Liabilities	6	6	10	14	15	16	21	27	34	64	41	41	41
+ LT Debt	- -	- -	- -	- -	- -	- -	15	19	75	67	45	39	13
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	52	46	26	23	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	15	19	23	21	18	16	13
+ Other LT Liabilities	1	1	- -	1	1	2	3	3	6	3	2	1	1
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1	- -	- -	1	1	2	3	3	6	3	2	1	1
Total Noncurrent Liabilities	1	1	- -	1	1	2	18	23	82	69	47	41	14
Total Liabilities	7	7	10	14	16	18	39	49	116	134	88	81	55
+ Preferred Equity and Hybrid Capital	29	31	33	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	2	- -	- -	62	70	80	92	105	120	131	175	181	164
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	2	- -	- -	62	70	80	92	105	120	131	175	181	164
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-9	-7	-6	-3	3	10	21	20	8	-10	19	36	55
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	22	25	27	60	73	89	113	125	128	121	194	217	219
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	22	25	27	60	73	89	113	125	128	121	194	217	219
Total Liabilities & Equity	29	31	37	74	88	107	152	174	244	255	281	298	274
Shares Outstanding	17	17	17	17	18	19	19	19	20	20	24	24	22
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	17	21	26	23	21	19	16
Net Debt	-7	-5	-7	-31	-24	-20	-23	-48	27	27	-32	-68	-83
Net Debt to Equity	-29.35	-21.91	-25.88	-51.48	-32.93	-22.51	-20.22	-38.36	20.68	22.19	-16.47	-31.48	-38.12
Tangible Common Equity Ratio	-38.59	-31.9	-23.6	80.02	81.84	82.5	73.26	71.38	27.07	23.03	56.89	63.7	72.98
Current Ratio	4.04	4.06	3.09	4.66	5.29	5.28	5.06	4.63	3.29	1.86	3.54	4.36	4.03
Cash Conversion Cycle	- -	120.29	125.74	106.33	121.41	110	129.66	174.52	169.26	149.61	131.65	122.41	98.43

Cash Flow Statement (USD)

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	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	3	2	1	3	6	7	11	-1	-12	-18	29	17	19
+ Depreciation & Amortization	1	1	1	1	2	4	4	3	4	6	7	7	7
+ Non-Cash Items	- -	2	1	1	4	4	11	13	20	21	-14	9	17
+ Stock-Based Compensation	- -	- -	- -	2	4	8	10	11	10	10	8	8	8
+ Deferred Income Taxes	-1	2	1	-1	- -	-6	- -	-1	10	- -	-19	1	9
+ Asset Impairment Charge	- -	- -	- -	- -	- -	3	- -	4	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	- -	- -	- -	- -	1	- -	- -	12	-2	- -	- -
+ Chg in Non-Cash Work Cap	-4	-6	-1	2	-8	-6	-23	-13	-9	-5	15	8	- -
+ (Inc) Dec in Accts Receiv	-4	-5	- -	-1	-3	-6	-11	-16	-9	-16	24	9	1
+ (Inc) Dec in Inventories	-1	-1	-2	-1	-4	-1	-8	- -	1	-4	1	4	5
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	-1	-1	-1	-1	-1	- -	-4	-7
+ Inc (Dec) in Accts Payable	2	- -	2	6	2	2	3	3	4	17	-11	-1	3
+ Inc (Dec) in Other	- -	- -	- -	-1	-3	- -	-5	- -	-3	-1	2	- -	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	-1	2	7	4	9	3	3	3	5	36	41	43
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	-1	-1	-4	-10	-6	-2	-2	-2	-2	-2	-2
+ Acq of Fixed Prod Assets	- -	- -	-1	-1	-4	-4	-5	-2	-2	-2	-2	-2	-2
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	-5	-1	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	41	- -	- -	- -	- -	- -	- -	35	-4	-27
+ Increase in Capital Stock	- -	- -	- -	41	- -	- -	- -	- -	- -	- -	35	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-4	-27
+ Net Change in LT Investment	- -	- -	- -	-11	-10	-5	4	22	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	2	17	26	22	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	-11	-12	-22	-23	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	-80	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	-80	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	- -	-1	-12	-14	-15	-2	20	-82	-2	-2	-2	-3
+ Dividends Paid	- -	- -	- -	-8	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	80	-6	-20	-3	-26
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	80	- -	8	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	-6	-28	-3	-26
+ Other Financing Activities	-2	- -	- -	-5	4	2	2	2	-20	-4	-9	2	2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-2	- -	- -	28	3	2	2	2	60	-10	6	-5	-51
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-3	-1	2	24	-7	-4	3	25	-20	-6	39	33	-11
EBITDA	3	5	4	5	6	7	14	-1	2	-6	25	29	36
EBITDA Margin (%)	7.98	9.44	6.8	6	5.21	4.68	7.41	-0.45	0.93	-2.63	8.96	9.89	10.9
Free Cash Flow	-1	-1	2	6	- -	-1	-3	1	- -	3	34	38	40
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	80	- -	- -	- -	- -
Free Cash Flow to Firm	- -	-1	2	6	- -	- -	-3	- -	- -	- -	- -	40	41
Free Cash Flow to Equity	- -	-1	2	-28	- -	5	-3	1	81	-3	14	35	14
Free Cash Flow per Basic Share	-0.06	-0.1	0.13	0.37	0.02	-0.03	-0.18	0.03	0.01	0.16	1.46	1.6	1.77
Price/Free Cash Flow	- -	- -	- -	35.12	68.28	47.5	156.03	170.98	75.26	32.32	8.68	9.61	14.95
Cash Flow to Net Income	-0.13	-0.48	1.72	2.44	0.72	1.36	0.23	-4.51	-0.22	-0.29	1.26	2.4	2.24
Capital Expenditures	- -	- -	-1	-1	-4	-10	-6	-2	-2	-2	-2	-2	-2