Tactile Historical Income Statement

TCMD Stock

USD 18.92 1.07 5.99%

Historical analysis of Tactile Systems income statement accounts such as Total Revenue of 159.1 M, Gross Profit of 113.9 M, Other Operating Expenses of 156 M or Operating Income of 18.9 M can show how well Tactile Systems Technology performed in making a profits. Evaluating Tactile Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tactile Systems's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Tactile Systems Tech latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tactile Systems Tech is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Tactile Income Statement Analysis

Tactile Systems Tech Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tactile Systems shareholders. The income statement also shows Tactile investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tactile Systems Income Statement Chart

At present, Tactile Systems' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 18.9 M, whereas Selling And Marketing Expenses is forecasted to decline to about 65.4 M.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Ebitda

Total Revenue

Total revenue comprises all receipts Tactile Systems Tech generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tactile Systems Technology minus its cost of goods sold. It is profit before Tactile Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Tactile Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tactile Systems Tech current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tactile Systems Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

	2021	2022	2023	2024 (projected)
Gross Profit	148.2M	176.0M	195.1M	113.9M
Total Revenue	208.1M	246.8M	274.4M	159.1M

Gross Profit Total Revenue

Tactile Systems income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Tax Provision	Non Operating Income Net Other	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.86	0.88	0.89	0.89	0.88	0.44	0.22	0.87	0.46	0.88	0.88	0.16	-0.59	0.33	-0.49	0.35	-0.59	-0.74	0.94	0.66
Selling General Administrative	0.86		0.99	0.99	0.99	0.99	0.1	-0.06	0.93	0.17	0.99	0.99	-0.09	-0.48	0.01	-0.15	0.04	-0.29	-0.48	0.86	0.45
Selling And Marketing Expenses	0.88	0.99		1.0	1.0	1.0	0.16	-0.02	0.94	0.21	1.0	1.0	-0.05	-0.51	0.05	-0.19	0.08	-0.33	-0.5	0.89	0.46
Total Revenue	0.89	0.99	1.0		1.0	1.0	0.21	0.03	0.95	0.26	1.0	0.99	0.0	-0.49	0.1	-0.22	0.13	-0.36	-0.51	0.9	0.51
Gross Profit	0.89	0.99	1.0	1.0		1.0	0.21	0.03	0.95	0.26	1.0	0.99	-0.01	-0.49	0.1	-0.22	0.13	-0.36	-0.52	0.9	0.51
Other Operating Expenses	0.88	0.99	1.0	1.0	1.0		0.15	-0.04	0.94	0.2	1.0	1.0	-0.07	-0.53	0.04	-0.18	0.06	-0.32	-0.52	0.9	0.46
Operating Income	0.44	0.1	0.16	0.21	0.21	0.15		0.95	0.27	0.98	0.21	0.12	0.92	0.11	0.95	-0.8	0.95	-0.81	-0.42	0.33	0.8
Ebit	0.22	-0.06	-0.02	0.03	0.03	-0.04	0.95		0.08	0.97	0.03	-0.07	1.0	0.42	0.95	-0.72	0.95	-0.71	-0.16	0.08	0.69
Research Development	0.87	0.93	0.94	0.95	0.95	0.94	0.27	0.08		0.3	0.94	0.94	0.05	-0.51	0.16	-0.29	0.19	-0.45	-0.56	0.87	0.55
Ebitda	0.46	0.17	0.21	0.26	0.26	0.2	0.98	0.97	0.3		0.26	0.17	0.95	0.22	0.95	-0.78	0.96	-0.8	-0.34	0.32	0.8
Cost Of Revenue	0.88	0.99	1.0	1.0	1.0	1.0	0.21	0.03	0.94	0.26		0.99	0.0	-0.48	0.1	-0.22	0.13	-0.36	-0.51	0.9	0.51
Total Operating Expenses	0.88	0.99	1.0	0.99	0.99	1.0	0.12	-0.07	0.94	0.17	0.99		-0.1	-0.54	0.01	-0.16	0.04	-0.3	-0.52	0.89	0.44
Income Before Tax	0.16	-0.09	-0.05	0.0	-0.01	-0.07	0.92	1.0	0.05	0.95	0.0	-0.1		0.48	0.94	-0.69	0.94	-0.69	-0.07	0.03	0.64
Total Other Income Expense Net	-0.59	-0.48	-0.51	-0.49	-0.49	-0.53	0.11	0.42	-0.51	0.22	-0.48	-0.54	0.48		0.29	0.02	0.28	0.06	0.79	-0.7	-0.18
Net Income	0.33	0.01	0.05	0.1	0.1	0.04	0.95	0.95	0.16	0.95	0.1	0.01	0.94	0.29		-0.89	1.0	-0.88	-0.24	0.2	0.77
Income Tax Expense	-0.49	-0.15	-0.19	-0.22	-0.22	-0.18	-0.8	-0.72	-0.29	-0.78	-0.22	-0.16	-0.69	0.02	-0.89		-0.89	0.98	0.42	-0.4	-0.81
Net Income From Continuing Ops	0.35	0.04	0.08	0.13	0.13	0.06	0.95	0.95	0.19	0.96	0.13	0.04	0.94	0.28	1.0	-0.89		-0.89	-0.25	0.22	0.78
Tax Provision	-0.59	-0.29	-0.33	-0.36	-0.36	-0.32	-0.81	-0.71	-0.45	-0.8	-0.36	-0.3	-0.69	0.06	-0.88	0.98	-0.89		0.45	-0.48	-0.83
Non Operating Income Net Other	-0.74	-0.48	-0.5	-0.51	-0.52	-0.52	-0.42	-0.16	-0.56	-0.34	-0.51	-0.52	-0.07	0.79	-0.24	0.42	-0.25	0.45		-0.78	-0.67
Reconciled Depreciation	0.94	0.86	0.89	0.9	0.9	0.9	0.33	0.08	0.87	0.32	0.9	0.89	0.03	-0.7	0.2	-0.4	0.22	-0.48	-0.78		0.65
Extraordinary Items	0.66	0.45	0.46	0.51	0.51	0.46	0.8	0.69	0.55	0.8	0.51	0.44	0.64	-0.18	0.77	-0.81	0.78	-0.83	-0.67	0.65

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Tactile Systems Account Relationship Matchups

Tactile Systems income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	3.5M	2.8M	3.7M	6.3M	6.5M	6.9M
Interest Expense	631K	1.4M	531K	10.9M	12.5M	13.1M
Selling General Administrative	39.6M	51.5M	56.8M	60.8M	62.1M	38.3M
Selling And Marketing Expenses	78.9M	79.6M	86.8M	106.4M	107.1M	65.4M
Total Revenue	189.5M	187.1M	208.1M	246.8M	274.4M	159.1M
Gross Profit	134.2M	132.8M	148.2M	176.0M	195.1M	113.9M
Other Operating Expenses	179.0M	190.8M	209.8M	259.5M	256.4M	156.0M
Operating Income	10.5M	(3.6M)	(1.8M)	(4.6M)	18.0M	18.9M
Ebit	10.5M	(3.6M)	(1.8M)	(15.5M)	18.0M	18.9M
Research Development	5.2M	5.3M	5.7M	7.1M	7.8M	5.5M
Ebitda	14.0M	(834K)	1.9M	(9.2M)	24.5M	25.8M
Cost Of Revenue	55.3M	54.3M	59.8M	70.8M	79.3M	45.2M
Total Operating Expenses	123.7M	136.4M	150.0M	188.7M	177.1M	110.8M
Income Before Tax	11.1M	(2.3M)	(2.3M)	(15.5M)	15.8M	16.6M
Total Other Income Expense Net	631K	1.4M	(531K)	(10.9M)	(2.3M)	(2.2M)
Net Income	11.0M	(620K)	(11.8M)	(17.9M)	28.5M	29.9M
Income Tax Expense	158K	(1.6M)	9.5M	2.4M	(12.7M)	(12.1M)
Net Income From Continuing Ops	11.0M	(620K)	(11.8M)	(17.9M)	28.5M	29.9M
Net Income Applicable To Common Shares	11.0M	(620K)	(11.8M)	(17.9M)	(16.1M)	(15.3M)
Tax Provision	158K	(1.6M)	9.5M	2.4M	(12.7M)	(12.1M)
Non Operating Income Net Other	631K	1.4M	(531K)	(2.7M)	(2.4M)	(2.3M)
Reconciled Depreciation	3.5M	2.8M	3.7M	6.3M	6.5M	4.4M

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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:

How To Invest In Tactile

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Is Tactile Stock a good investment?

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What is Tactile Systems' Net Worth?

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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.

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Tactile Historical Income Statement

About Tactile Income Statement Analysis

Tactile Systems Income Statement Chart

Total Revenue

Gross Profit

Tactile Systems income statement Correlations

Tactile Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tactile Systems income statement Accounts

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Total Revenue	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Selling And Marketing Expenses
Other Operating Expenses	+ 1.0	Selling And Marketing Expenses
Cost Of Revenue	+ 1.0	Selling And Marketing Expenses
Total Operating Expenses	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Total Revenue

Tax Provision	- 0.89	Net Income From Continuing Ops
Net Income From Continuing Ops	- 0.89	Income Tax Expense
Income Tax Expense	- 0.89	Net Income
Tax Provision	- 0.88	Net Income
Extraordinary Items	- 0.83	Tax Provision
Extraordinary Items	- 0.81	Income Tax Expense