Tactile Net Income from 2010 to 2024

TCMD Stock  USD 18.33  0.59  3.12%   
Tactile Systems' Net Income is increasing over the years with stable fluctuation. Overall, Net Income is expected to go to about 29.9 M this year. During the period from 2010 to 2024 Tactile Systems Net Income annual values regression line had coefficient of variation of  259.66 and r-squared of  0.06. View All Fundamentals
 
Net Income  
First Reported
2013-12-31
Previous Quarter
4.3 M
Current Value
5.2 M
Quarterly Volatility
5.7 M
 
Yuan Drop
 
Covid
Check Tactile Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tactile Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.9 M, Interest Expense of 13.1 M or Selling General Administrative of 38.3 M, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0449 or PTB Ratio of 1.61. Tactile financial statements analysis is a perfect complement when working with Tactile Systems Valuation or Volatility modules.
  
Check out the analysis of Tactile Systems Correlation against competitors.

Latest Tactile Systems' Net Income Growth Pattern

Below is the plot of the Net Income of Tactile Systems Technology over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Tactile Systems Tech financial statement analysis. It represents the amount of money remaining after all of Tactile Systems Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Tactile Systems' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tactile Systems' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 28.52 M10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

Tactile Net Income Regression Statistics

Arithmetic Mean4,704,917
Coefficient Of Variation259.66
Mean Deviation7,784,022
Median3,156,000
Standard Deviation12,216,650
Sample Variance149.2T
Range47.8M
R-Value0.25
Mean Square Error150.9T
R-Squared0.06
Significance0.37
Slope676,783
Total Sum of Squares2089.5T

Tactile Net Income History

202429.9 M
202328.5 M
2022-17.9 M
2021-11.8 M
2020-620 K
201911 M
20186.6 M

Other Fundumenentals of Tactile Systems Tech

Tactile Systems Net Income component correlations

About Tactile Systems Financial Statements

Tactile Systems stakeholders use historical fundamental indicators, such as Tactile Systems' Net Income, to determine how well the company is positioned to perform in the future. Although Tactile Systems investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tactile Systems' assets and liabilities are reflected in the revenues and expenses on Tactile Systems' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tactile Systems Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income28.5 M29.9 M
Net Income From Continuing Ops28.5 M29.9 M
Net Loss-16.1 M-15.3 M
Net Income Per Share 1.24  1.31 
Net Income Per E B T 1.81  1.14 

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When determining whether Tactile Systems Tech is a strong investment it is important to analyze Tactile Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tactile Systems' future performance. For an informed investment choice regarding Tactile Stock, refer to the following important reports:
Check out the analysis of Tactile Systems Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tactile Systems. If investors know Tactile will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tactile Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.65
Revenue Per Share
11.991
Quarterly Revenue Growth
0.05
Return On Assets
0.0462
The market value of Tactile Systems Tech is measured differently than its book value, which is the value of Tactile that is recorded on the company's balance sheet. Investors also form their own opinion of Tactile Systems' value that differs from its market value or its book value, called intrinsic value, which is Tactile Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tactile Systems' market value can be influenced by many factors that don't directly affect Tactile Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tactile Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tactile Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tactile Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.