Tandy Leather Factory, Inc.

TLF

TLFTandy Leather Factory, Inc. US flag

NASDAQ Capital Market

2.36

USD

- -

19.22MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	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	66	73	78	83	84	83	82	83	75	64	83	80	76	74	76
+ Sales & Services Revenue	66	73	78	83	84	83	82	83	75	64	83	80	76	74	76
- Cost of Revenue	26	27	29	31	32	31	33	32	33	28	36	34	31	33	33
+ Cost of Goods & Services	26	27	29	31	32	31	33	32	33	28	36	34	31	33	33
Gross Profit	40	46	49	52	52	52	49	51	42	36	47	46	45	42	44
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	33	37	38	40	42	41	43	45	44	41	45	45	41	41	45
+ Selling, General & Admin	- -	- -	- -	40	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	33	37	38	- -	42	41	43	45	44	41	45	45	41	41	45
Operating Income (Loss)	8	9	11	12	10	10	6	6	-2	-5	2	1	4	1	-1
- Non-Operating (Income) Loss	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	- -	- -	- -	-13
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	- -	- -	- -	-13
Pretax Income	8	9	11	12	10	10	6	6	-3	-6	2	1	5	1	12
- Income Tax Expense (Benefit)	3	3	4	4	4	4	4	2	-1	-1	1	- -	1	- -	3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	5	6	7	8	6	6	2	4	-2	-5	1	1	4	1	9
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	5	6	7	8	6	6	2	4	-2	-5	1	1	4	1	9
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	5	6	7	8	6	6	2	4	-2	-5	1	1	4	1	9
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	5	6	7	8	6	6	2	4	-2	-5	1	1	4	1	9
EBIT	8	9	11	12	10	10	6	6	-2	-5	2	1	4	1	-1
EBITDA	9	10	12	13	12	12	8	8	4	-1	7	6	9	5	5
EBITDA Margin (%)	13.2	14.04	15.92	16.05	14.31	14.5	10.02	9.67	4.73	-1.65	7.99	7.24	11.85	7.2	6.81
EBITA	8	9	11	12	10	10	6	6	-2	-5	2	1	4	1	-1
Gross Margin (%)	61.02	63.13	63.01	62.48	61.87	62.36	59.56	61.22	56.01	56.27	56.86	57.88	59.25	56.19	57.04
Operating Margin (%)	11.66	12.57	14.39	14.33	12.45	12.42	7.74	7.51	-2.13	-8.22	2.78	1.73	5.79	0.84	-1.26
Profit Margin (%)	7.19	7.7	9.28	9.24	7.61	7.72	3.01	5.29	-2.54	-7.65	1.64	1.53	4.94	1.11	11.93
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	0.25	- -	0.25	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.55
Depreciation Expense	1	1	1	1	2	2	2	2	5	4	4	4	5	5	6
Basic Weighted Avg Shares	10	10	10	10	10	9	9	9	9	9	9	8	8	8	8
Basic EPS, GAAP	0.47	0.55	0.71	0.76	0.64	0.69	0.27	0.48	-0.21	-0.54	0.16	0.15	0.45	0.1	1.11
Basic EPS from Cont Ops	0.47	0.55	0.71	0.76	0.64	0.69	0.27	0.48	-0.21	-0.54	0.16	0.15	0.45	0.1	1.11
Diluted Weighted Avg Shares	10	10	10	10	10	9	9	9	9	9	9	8	8	9	8
Diluted EPS, GAAP	0.47	0.55	0.71	0.75	0.63	0.69	0.27	0.48	-0.21	-0.54	0.16	0.15	0.45	0.09	1.1
Diluted EPS from Cont Ops	0.47	0.55	0.71	0.75	0.63	0.69	0.27	0.48	-0.21	-0.54	0.16	0.15	0.45	0.09	1.1

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	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	34	36	41	46	47	53	55	60	53	51	50	47	51	51	51
+ Cash, Cash Equivalents & STI	11	8	11	11	11	17	18	24	25	10	10	8	12	13	16
+ Cash & Cash Equivalents	11	8	11	11	11	17	18	24	16	10	10	8	12	13	16
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	9	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	1	1	1	1	1	1	- -	- -	2	3	2	1	1	1	- -
+ Accounts Receivable, Net	1	1	1	1	1	1	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	2	3	1	- -	- -	- -	- -
+ Inventories	20	26	26	33	34	33	35	33	24	37	38	38	38	36	33
+ Raw Materials	- -	- -	1	1	1	1	1	1	1	1	1	1	2	2	1
+ Work In Process	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	19	25	25	32	32	32	33	32	23	36	37	37	36	34	32
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	1	2	2	2	3	2	2	1	1	1	- -	1	1	1
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	12	13	16	17	17	17	18	17	28	25	23	21	21	24	36
+ Property, Plant & Equip, Net	10	12	14	15	16	16	16	15	27	24	22	21	20	23	35
+ Property, Plant & Equip	15	18	20	22	24	26	27	28	41	39	38	38	38	42	51
- Accumulated Depreciation	5	6	6	7	8	10	12	14	15	15	16	17	18	19	16
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	2	1	1	1	2	2	2	2	1	- -	- -	- -	1	2	1
+ Total Intangible Assets	1	1	1	1	1	1	1	1	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	1	1	1	1	1	1	1	1	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	- -	1	1	2	1	1	- -	- -	- -	1	2	1
Total Assets	46	49	56	63	65	71	73	77	80	76	73	69	72	75	87
+ Payables & Accruals	6	7	7	6	7	7	4	4	7	8	6	5	4	4	4
+ Accounts Payable	2	2	2	1	2	2	2	2	6	7	5	3	3	3	2
+ Accrued Taxes	1	- -	1	- -	- -	- -	1	1	- -	1	1	1	1	1	2
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	4	5	5	4	5	5	- -	1	- -	- -	- -	1	1	- -	- -
+ ST Debt	- -	- -	- -	4	- -	1	1	1	4	4	3	3	3	3	4
+ ST Borrowings	- -	- -	- -	4	- -	1	1	1	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	4	4	3	3	3	3	4
+ Other ST Liabilities	1	1	1	1	1	1	4	4	1	1	3	1	2	3	2
+ Deferred Revenue	1	1	1	1	1	1	1	1	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	3	3	1	1	3	1	2	2	2
Total Current Liabilities	7	8	8	10	8	8	8	8	12	13	12	9	9	10	10
+ LT Debt	3	3	2	2	4	7	7	8	11	10	9	7	6	8	24
+ LT Borrowings	3	3	2	2	3	7	7	8	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	11	9	8	7	6	8	24
+ Other LT Liabilities	1	1	1	1	2	2	2	2	1	1	1	1	1	- -	- -
+ Accrued Liabilities	1	1	1	1	2	2	2	2	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	- -	- -
Total Noncurrent Liabilities	4	4	4	3	5	9	9	10	11	11	9	8	7	8	24
Total Liabilities	11	12	12	14	14	17	17	18	24	23	22	17	16	18	34
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	6	6	6	6	6	6	4	4	5	6	4	3	4	5	4
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	6	6	6	6	6	6	4	4	5	6	4	3	4	5	4
- Treasury Stock	3	3	3	3	7	10	7	9	10	10	10	10	10	10	10
+ Retained Earnings	31	34	42	47	53	59	60	64	62	57	59	60	64	64	61
+ Other Equity	- -	- -	- -	-1	-2	-2	-1	-1	-1	-1	-1	-2	-2	-2	-2
Equity Before Minority Interest	34	38	45	49	51	54	56	58	56	52	52	51	56	57	53
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	34	38	45	49	51	54	56	58	56	52	52	51	56	57	53
Total Liabilities & Equity	46	49	56	63	65	71	73	77	80	76	73	69	72	75	87
Shares Outstanding	10	10	10	10	10	9	9	9	9	9	9	8	8	8	8
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	14	13	11	10	9	11	27
Net Debt	-7	-5	-8	-5	-7	-9	-11	-15	-16	-10	-10	-8	-12	-13	-16
Net Debt to Equity	-21.66	-12.26	-19.01	-10.17	-14.23	-17.68	-19.16	-25.91	-28.19	-18.94	-18.91	-15.5	-21.58	-23.22	-30.59
Tangible Common Equity Ratio	75.03	75.88	78.71	77.77	78.57	75.66	76.39	75.6	70.42	68.95	70.46	75.04	78.11	76.28	60.71
Current Ratio	4.74	4.54	4.96	4.48	5.67	6.47	6.51	7.41	4.29	3.95	4.13	5.33	5.74	5.11	5.16
Cash Conversion Cycle	271.24	299.09	310.75	332.88	362.5	371.47	351.67	356.97	252.92	340.08	327.08	369.18	414.33	376.93	350.74

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	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	5	6	7	8	6	6	2	4	-2	-5	1	1	4	1	9
+ Depreciation & Amortization	1	1	1	1	2	2	2	2	5	4	4	4	5	5	6
+ Non-Cash Items	- -	- -	- -	- -	- -	- -	1	- -	2	2	1	1	- -	- -	-15
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	- -
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	-1	- -	1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	1	1	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	- -	-1	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	-16
+ Chg in Non-Cash Work Cap	1	-5	-1	-8	1	-1	-3	1	6	-14	-3	-6	-4	-1	-1
+ (Inc) Dec in Accts Receiv	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	-6	- -	-7	-1	- -	-3	1	9	-13	-3	- -	- -	2	3
+ (Inc) Dec in Prepaid Assets	- -	- -	-1	- -	- -	- -	- -	- -	1	1	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	1	- -	-1	1	- -	-2	- -	1	1	2	-3	- -	1	-1
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	2	- -	-5	-3	-2	-2	-4	-4	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	7	2	8	1	8	8	2	8	10	-13	4	1	5	5	-1
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-3	-4	-2	-2	-2	-2	-1	- -	-1	-1	-1	-1	-3	-8
+ Acq of Fixed Prod Assets	-1	-3	-4	-2	-2	-2	-2	-1	- -	-1	-1	-1	-1	-3	-8
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	-4	-4	- -	-2	-1	- -	-3	-2	- -	- -	-1
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	-4	-4	- -	-2	-1	- -	-3	-2	- -	- -	-1
+ Net Change in LT Investment	1	- -	- -	- -	- -	- -	- -	- -	-9	8	- -	- -	- -	- -	- -
+ Dec in LT Investment	1	- -	- -	- -	- -	- -	- -	- -	9	8	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	-18	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	25
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	25
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-2	-4	-2	-2	-2	-2	-1	-9	6	-1	-1	-1	-3	17
+ Dividends Paid	- -	-3	- -	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-13
+ Net Cash From Debt	- -	- -	-1	3	-2	4	- -	2	-9	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	4	4	4	- -	2	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	-1	- -	-6	- -	- -	- -	-9	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	-3	- -	1	-6	- -	- -	- -	-10	- -	-3	-2	- -	- -	-14
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	-1	- -	- -	- -
Net Changes in Cash	6	-3	3	- -	- -	6	1	7	-8	-6	- -	-2	4	2	3
EBITDA	9	10	12	13	12	12	8	8	4	-1	7	6	9	5	5
EBITDA Margin (%)	13.2	14.04	15.92	16.05	14.31	14.5	10.02	9.67	4.73	-1.65	7.99	7.24	11.85	7.2	6.81
Free Cash Flow	5	-1	4	-1	6	6	1	7	10	-14	3	1	4	2	-8
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-25
Free Cash Flow to Firm	6	-1	4	-1	6	6	1	7	- -	- -	3	1	4	2	-8
Free Cash Flow to Equity	5	-1	3	2	4	10	1	8	1	-13	3	- -	4	2	-8
Free Cash Flow per Basic Share	0.54	-0.08	0.37	-0.1	0.6	0.65	0.08	0.73	1.14	-1.53	0.31	0.06	0.47	0.18	-0.98
Price/Free Cash Flow	6.48	12.21	8.82	27.22	7.15	8.01	17.25	5.89	4.77	-2.59	9.52	19.94	6.97	5.59	3.24
Cash Flow to Net Income	1.38	0.34	1.04	0.15	1.28	1.21	0.99	1.77	-5.5	2.56	2.74	0.94	1.2	5.5	-0.06
Capital Expenditures	-1	-3	-4	-2	-2	-2	-2	-1	- -	-1	-1	-1	-1	-3	-8