TIC Solutions, Inc.

TIC

TICTIC Solutions, Inc. US flag

New York Stock Exchange

7.17

USD

+0.17

- -

1.58BMarket Cap

Income Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	11/30/2023	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	928	- -	1,050	- -	1,530
+ Sales & Services Revenue	928	- -	1,050	- -	1,530
- Cost of Revenue	725	- -	811	- -	1,081
+ Cost of Goods & Services	725	- -	811	- -	1,081
Gross Profit	203	- -	240	- -	449
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	168	1	185	- -	441
+ Selling, General & Admin	168	1	185	- -	441
+ Research & Development	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -
Operating Income (Loss)	35	-1	55	- -	9
- Non-Operating (Income) Loss	11	-15	59	- -	107
+ Interest Expense, Net	11	- -	59	- -	88
+ Interest Expense	24	- -	60	- -	88
- Interest Income	13	- -	1	- -	- -
+ Other Non-Op (Income) Loss	- -	-15	- -	- -	19
Pretax Income	23	14	-4	- -	-98
- Income Tax Expense (Benefit)	3	- -	2	- -	-11
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	20	14	-6	- -	-87
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	20	14	-6	- -	-87
- Minority Interest	- -	- -	- -	- -	- -
Net Income, GAAP	20	14	-6	- -	-87
- Preferred Dividends	- -	- -	- -	- -	7
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	20	14	-6	- -	-94
EBIT	35	-1	55	- -	9
EBITDA	121	-1	149	- -	187
EBITDA Margin (%)	13.05	- -	14.22	- -	12.21
EBITA	35	-1	55	- -	9
Gross Margin (%)	21.86	- -	22.81	- -	29.36
Operating Margin (%)	3.74	- -	5.19	- -	0.56
Profit Margin (%)	2.16	- -	-0.6	- -	-5.69
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	29.85	- -	- -
Depreciation Expense	86	- -	95	- -	178
Basic Weighted Avg Shares	5	54	5	- -	157
Basic EPS, GAAP	3.99	0.26	-1.25	- -	-0.6
Basic EPS from Cont Ops	3.99	0.26	-1.25	- -	-0.56
Diluted Weighted Avg Shares	5	54	5	- -	158
Diluted EPS, GAAP	3.93	0.26	-1.25	- -	-0.6
Diluted EPS from Cont Ops	3.93	0.26	-1.25	- -	-0.55

Balance Sheet (USD)

API ChatGPT

	2022 Y	2023 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	11/30/2023	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	554	334	394	1,021
+ Cash, Cash Equivalents & STI	- -	553	87	139	440
+ Cash & Cash Equivalents	- -	3	87	139	440
+ ST Investments	- -	551	- -	- -	- -
+ Accounts & Notes Receiv	- -	- -	233	237	521
+ Accounts Receivable, Net	- -	- -	211	217	370
+ Notes Receivable, Net	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	22	20	151
+ Inventories	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	- -	- -	14	19	61
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	929	1,814	3,375
+ Property, Plant & Equip, Net	- -	- -	135	219	316
+ Property, Plant & Equip	- -	- -	292	241	404
- Accumulated Depreciation	- -	- -	157	22	88
+ LT Investments & Receivables	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	- -	- -	794	1,594	3,059
+ Total Intangible Assets	- -	- -	776	1,587	3,041
+ Goodwill	- -	- -	512	846	1,650
+ Other Intangible Assets	- -	- -	264	741	1,391
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	18	8	18
Total Assets	- -	554	1,263	2,208	4,396
+ Payables & Accruals	- -	1	89	80	203
+ Accounts Payable	- -	- -	33	18	93
+ Accrued Taxes	- -	- -	10	3	5
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	1	46	59	106
+ ST Debt	- -	- -	24	25	59
+ ST Borrowings	- -	- -	7	8	26
+ ST Finance Leases	- -	- -	17	17	34
+ Other ST Liabilities	- -	- -	- -	2	56
+ Deferred Revenue	- -	- -	- -	2	48
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	9
Total Current Liabilities	- -	1	113	106	319
+ LT Debt	- -	- -	706	788	1,654
+ LT Borrowings	- -	- -	668	747	1,588
+ LT Finance Leases	- -	- -	38	41	66
+ Other LT Liabilities	- -	- -	62	162	244
+ Accrued Liabilities	- -	- -	35	151	223
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	26	12	21
Total Noncurrent Liabilities	- -	- -	768	950	1,897
Total Liabilities	- -	1	881	1,057	2,216
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	539	366	1,294	2,363
+ Common Stock	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	539	366	1,294	2,363
- Treasury Stock	- -	- -	1	- -	- -
+ Retained Earnings	- -	14	17	-107	-194
+ Other Equity	- -	- -	-1	-35	11
Equity Before Minority Interest	- -	553	382	1,151	2,180
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
Total Equity	- -	553	382	1,151	2,180
Total Liabilities & Equity	- -	554	1,263	2,208	4,396
Shares Outstanding	- -	54	- -	121	220
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	55	58	100
Net Debt	- -	-3	588	616	1,174
Net Debt to Equity	- -	-0.48	153.99	53.48	53.84
Tangible Common Equity Ratio	- -	99.89	-80.91	-70.1	-63.53
Current Ratio	- -	886.16	2.96	3.71	3.2
Cash Conversion Cycle	- -	- -	29.31	- -	51.26

Cash Flow Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2022	11/30/2023	12/31/2023	12/31/2024	12/31/2025

+ Net Income	20	14	-6	- -	-87
+ Depreciation & Amortization	86	- -	95	- -	178
+ Non-Cash Items	-27	-6	4	- -	9
+ Stock-Based Compensation	3	- -	5	- -	17
+ Deferred Income Taxes	-20	- -	-23	- -	-33
+ Asset Impairment Charge	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-9	-6	22	- -	25
+ Chg in Non-Cash Work Cap	-40	- -	4	- -	-5
+ (Inc) Dec in Accts Receiv	-39	- -	1	- -	36
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	2	- -	-3	- -	-5
+ Inc (Dec) in Accts Payable	16	1	9	- -	-14
+ Inc (Dec) in Other	-19	- -	-3	- -	-23
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	40	8	96	- -	95
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	1	- -	2	- -	5
+ Disp of Fixed Prod Assets	1	- -	2	- -	5
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-23	- -	-22	- -	-34
+ Acq of Fixed Prod Assets	-23	- -	-22	- -	-34
+ Acq of Intangible Assets	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-1	540	- -	- -	250
+ Increase in Capital Stock	- -	540	- -	- -	250
+ Decrease in Capital Stock	-1	- -	- -	- -	- -
+ Net Change in LT Investment	- -	-544	- -	- -	- -
+ Dec in LT Investment	- -	536	- -	- -	- -
+ Inc in LT Investment	- -	-1,080	- -	- -	- -
+ Net Cash From Acq & Div	-46	- -	-6	- -	-845
+ Cash from Divestitures	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-46	- -	-6	- -	-845
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	-68	-544	-27	- -	-874
+ Dividends Paid	- -	- -	-150	- -	- -
+ Net Cash From Debt	37	- -	104	- -	850
+ Cash From Debt	50	- -	195	- -	875
+ Repayments of Debt	-13	- -	-91	- -	-25
+ Other Financing Activities	- -	-1	-3	- -	-24
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	36	539	-49	- -	1,076
Effect of Foreign Exchange Rates	-6	- -	4	- -	4
Net Changes in Cash	8	3	20	- -	297
EBITDA	121	-1	149	- -	187
EBITDA Margin (%)	13.05	- -	14.22	- -	12.21
Free Cash Flow	17	8	74	- -	61
Net Cash Paid for Acquisitions	46	- -	6	- -	845
Free Cash Flow to Firm	38	8	- -	- -	- -
Free Cash Flow to Equity	- -	8	179	- -	909
Free Cash Flow per Basic Share	3.36	0.15	14.66	- -	0.39
Price/Free Cash Flow	0.21	- -	- -	- -	12.37
Cash Flow to Net Income	1.99	0.58	-15.23	- -	-1.09
Capital Expenditures	-23	- -	-22	- -	-34