Tactile Historical Income Statement
| TCMD Stock | USD 18.93 0.60 3.27% |
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 156.2 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.
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.
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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
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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. 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.
| 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 |
Tactile Systems income statement Correlations
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Tactile Systems Account Relationship Matchups
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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 | 258.7M | 156.2M | |
| 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 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. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.