Tactile Systems Technology Inc financial data

Symbol
TCMD on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
1331 Tyler Street Ne Ste 200, Minneapolis, MN
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 4, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 413 % +52.9%
Quick Ratio 57.3 % +38.3%
Debt-to-equity 40.8 % -47.3%
Return On Equity 7.76 %
Return On Assets 5.52 %
Operating Margin 7.53 % +44.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 24M shares +2.13%
Common Stock, Shares, Outstanding 24M shares +2.13%
Entity Public Float 582M USD +297%
Common Stock, Value, Issued 24K USD +4.35%
Weighted Average Number of Shares Outstanding, Basic 24M shares +2.14%
Weighted Average Number of Shares Outstanding, Diluted 24.3M shares +1.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 285M USD +5.31%
Cost of Revenue 76.7M USD -3.43%
Research and Development Expense 8.59M USD +5.13%
Selling and Marketing Expense 109M USD +1.64%
General and Administrative Expense 66.4M USD +10%
Operating Income (Loss) 21.5M USD +52.3%
Nonoperating Income (Expense) 796K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 22.3M USD +104%
Income Tax Expense (Benefit) 6.82M USD
Net Income (Loss) Attributable to Parent 15.4M USD -76.9%
Earnings Per Share, Basic 0.68 USD/shares -37.6%
Earnings Per Share, Diluted 0.68 USD/shares -37%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 82.1M USD +24.4%
Accounts Receivable, after Allowance for Credit Loss, Current 40M USD -8.91%
Inventory, Net 21.2M USD -9.88%
Assets, Current 162M USD +7.04%
Deferred Income Tax Assets, Net 19.7M USD -4.82%
Property, Plant and Equipment, Net 5.88M USD +7.15%
Operating Lease, Right-of-Use Asset 17.6M USD -9.07%
Intangible Assets, Net (Excluding Goodwill) 43.7M USD -8.23%
Goodwill 31.1M USD 0%
Other Assets, Noncurrent 3.8M USD +36.6%
Assets 288M USD -1.9%
Accounts Payable, Current 7.29M USD +13.9%
Employee-related Liabilities, Current 13.1M USD -11.5%
Accrued Liabilities, Current 7.09M USD +33.1%
Liabilities, Current 37.2M USD -18.6%
Accrued Income Taxes, Noncurrent 495K USD +11.7%
Deferred Income Tax Liabilities, Net 49K USD
Operating Lease, Liability, Noncurrent 16.8M USD -12%
Liabilities 79.8M USD -27.7%
Retained Earnings (Accumulated Deficit) 26.1M USD +144%
Stockholders' Equity Attributable to Parent 208M USD +13.7%
Liabilities and Equity 288M USD -1.9%

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 +2.13%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 82.1M USD +24.4%
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 19.7M USD -9.19%
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 22.1M USD -11.1%
Property, Plant and Equipment, Gross 14.8M USD -12.4%
Operating Lease, Liability, Current 2.88M USD +11.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.81M USD +6.67%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.73M USD +7.67%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.41M USD -23.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.31M USD -9.14%
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 3.28M USD +3.28%
Operating Lease, Payments 867K USD +0.81%
Additional Paid in Capital 182M USD +5.59%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 3.7M USD 0%
Depreciation, Depletion and Amortization 1.63M USD +0.31%
Share-based Payment Arrangement, Expense 7.92M USD +5.35%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%