Tactile Systems Technology Inc financial data

Symbol
TCMD on Nasdaq
Location
1331 Tyler Street Ne Ste 200, Minneapolis, MN
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 383 % +58.5%
Quick Ratio 55.7 % +41.5%
Debt-to-equity 46.1 % -49.5%
Return On Equity 16.9 %
Return On Assets 11.6 %
Operating Margin 8.05 % +379%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 24M shares +2.16%
Common Stock, Shares, Outstanding 24M shares +2.17%
Entity Public Float 582M USD +297%
Common Stock, Value, Issued 24K USD +4.35%
Weighted Average Number of Shares Outstanding, Basic 23.9M shares +2.23%
Weighted Average Number of Shares Outstanding, Diluted 24.1M shares +3.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 282M USD +5.71%
Cost of Revenue 78.6M USD +1.23%
Research and Development Expense 8.13M USD +4.48%
Selling and Marketing Expense 109M USD +0.37%
General and Administrative Expense 64.7M USD +7.62%
Operating Income (Loss) 22.7M USD +406%
Nonoperating Income (Expense) -60K USD +98.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 22.6M USD +2243%
Income Tax Expense (Benefit) -9.98M USD -1738%
Net Income (Loss) Attributable to Parent 32.6M USD
Earnings Per Share, Basic 1.42 USD/shares +4633%
Earnings Per Share, Diluted 1.41 USD/shares +4600%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 73.6M USD +16.5%
Accounts Receivable, after Allowance for Credit Loss, Current 41.9M USD -9.92%
Inventory, Net 18.8M USD -7.23%
Assets, Current 152M USD +1.54%
Deferred Income Tax Assets, Net 19.4M USD
Property, Plant and Equipment, Net 5.69M USD -1.39%
Operating Lease, Right-of-Use Asset 17.8M USD -11%
Intangible Assets, Net (Excluding Goodwill) 44.9M USD -7.57%
Goodwill 31.1M USD 0%
Other Assets, Noncurrent 3.54M USD +7.11%
Assets 279M USD +1.85%
Accounts Payable, Current 5.09M USD -45.2%
Employee-related Liabilities, Current 12.1M USD -12.4%
Accrued Liabilities, Current 6.7M USD +29.7%
Liabilities, Current 34.2M USD -29.5%
Accrued Income Taxes, Noncurrent 495K USD +11%
Deferred Income Tax Liabilities, Net 49K USD
Operating Lease, Liability, Noncurrent 17.1M USD -12.6%
Liabilities 78.1M USD -32.1%
Retained Earnings (Accumulated Deficit) 21M USD
Stockholders' Equity Attributable to Parent 201M USD +26.4%
Liabilities and Equity 279M USD +1.85%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 924K USD
Net Cash Provided by (Used in) Financing Activities -749K USD -102%
Net Cash Provided by (Used in) Investing Activities -502K USD -72.5%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 24M shares +2.17%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 73.6M USD +16.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 583K USD -37.1%
Deferred Tax Assets, Valuation Allowance 17.8M USD +48.1%
Deferred Tax Assets, Gross 25.5M USD +2.95%
Operating Lease, Liability 19.9M USD -9.91%
Payments to Acquire Property, Plant, and Equipment 482K USD +100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -4.18M USD +83.3%
Lessee, Operating Lease, Liability, to be Paid 22.5M USD -11.9%
Property, Plant and Equipment, Gross 14.8M USD -12.4%
Operating Lease, Liability, Current 2.8M USD +10.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.72M USD +5.57%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.65M USD +6.55%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.55M USD -24.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.21M USD -11.2%
Deferred Tax Assets, Operating Loss Carryforwards 50K USD -72.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 702K USD +14.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.19M USD +0.57%
Operating Lease, Payments 867K USD +0.81%
Additional Paid in Capital 180M USD +5.47%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 3.7M USD -2.63%
Depreciation, Depletion and Amortization 1.63M USD +0.31%
Share-based Payment Arrangement, Expense 7.62M USD -8.37%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%